Five analysts have rated Equity Lifestyle Props in the last three months. LSOpinions range from bullish to bearish.
The table below summarizes the most recent ratings, shows the change in sentiment over the past 30 days and compares it to the previous month.
Bullish Slightly Bullish Indifferent Slightly Bearish Bearish Total Rating 0 0 5 0 0 Last 30 days 0 0 1 0 0 1 month ago 0 0 1 0 0 2 months ago 0 0 3 0 0 3 months ago 0 0 0 0 0
Analysts’ ratings of 12-month price targets provide further insight with an average target of $71.8, a high estimate of $76.00, and a low estimate of $68.00. The current average represents an increase of 3.46% and is higher than the previous average price target of $69.40.
A closer look at analyst ratings: In-depth research
A detailed analysis of recent analyst action will shed light on how financial experts perceive Equity Lifestyle Props. The following summary outlines the key analysts, their recent valuations, and adjustments to their ratings and target price.
Analyst Analyst Firm Action Taken Rating Current Price Target Previous Price Target Steve Sakwa Evercore ISI Group raises in-line $76.00 $73.00 Steve Sakwa Evercore ISI Group raises in-line $73.00 $72.00 Anthony Hau Truist Securities raises to Hold $70.00 $65.00 Brad Heffern RBC Capital maintains Sector Perform $68.00 $68.00 Steve Sakwa Evercore ISI Group raises in-line $72.00 $69.00
Key insights:
Actions: Analysts update their recommendations depending on dynamic market conditions and company performance. Whether the analyst’s stance is ‘hold’, ‘upgrade’ or ‘downgrade’, it shows their reaction to recent developments related to Equity Lifestyle Props. This insight provides a snapshot of the analyst’s view on the current state of the company. Ratings: Analysts provide insights on forecasts and assign qualitative values from ‘outperform’ to ‘underperform’. These ratings communicate expectations on Equity Lifestyle Props’ relative performance as compared to the overall market. Price Targets: Analysts gain insights and provide estimates of the future value of Equity Lifestyle Props’ shares. This comparison reveals trends in analysts’ expectations over time.
Viewing these analyst ratings along with other financial metrics will help you get a comprehensive understanding of Equity Lifestyle Props’s market position. Use our rating table to stay informed and make data-driven decisions.
Stay up to date with analyst ratings for Equity Lifestyle Props.
Revealing the story behind Equity Lifestyle Props
Equity Lifestyle Properties is a residential REIT focused on owning manufactured homes, residential carriage communities, and marinas. The company currently owns 451 properties across the United States, concentrated in the Sunbelt region. 38% of the company’s properties are in Florida, 12% in Arizona, and 8% in California. Equity Lifestyle’s goal is to own properties in attractive retirement destinations, with over 70% of the company’s properties being age-restricted or having an average resident age over 55 years old.
Unraveling the Financial Story of Stock Lifestyle Props
Market Cap: The company has a high market cap, which is higher than the industry average, indicating a larger company and greater recognition in the market.
Revenue Growth: Equity Lifestyle Props’ impressive performance over the three-month period is evident. As of June 30, 2024, the company achieved an impressive revenue growth rate of 2.65%, which indicates a significant increase in the company’s sales revenue. In comparison to its industry peers, the company is lagging behind with a lower growth rate than the average of its peers in the real estate sector.
Net Profit Margins: Equity Lifestyle Props’ net profit margins exceed the industry benchmark, standing at 20.88%, indicating efficient cost management and strong financial strength.
Return on Equity (ROE): Equity Lifestyle Props’ financial strength is reflected in its impressive ROE, which is above the industry average. With an impressive ROE of 5.42%, the company demonstrates efficient use of equity capital and strong financial health.
Return on Assets (ROA): Our ROA is an outstanding performance above the industry average. With an impressive ROA of 1.39%, we demonstrate efficient asset utilization.
Debt Management: Equity Lifestyle Props’s debt to equity ratio is significantly higher than the industry average. The ratio is 2.41, which indicates that the company is highly dependent on borrowings and has a high level of financial risk.
The basis of analyst ratings
Benzinga tracks 150 analyst firms and reports on stock forecasts. Analysts typically draw their conclusions by forecasting how much profit a company will make in the future (usually the next five years) and how risky or predictable the company’s revenue streams are.
Analysts attend company conference calls and meetings, study company financial statements, communicate with insiders, and issue their ratings on stocks. Analysts typically rate each stock once per quarter, or whenever there is a major update on the company.
Some analysts also issue forecasts for metrics such as growth projections, earnings, and revenue, providing additional guidance on valuation. When using analyst ratings, it is important to remember that stock and sector analysts are human and are only providing opinions to investors.
If you want to track which analysts are outperforming others, you can view updated analyst ratings along with analyst success scores in Benzinga Pro .
This article was generated by Benzinga’s automated content engine and has been reviewed by an editor.
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