Media headlines about Equity Lifestyle Properties (NYSE:ELS) have trended somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Equity Lifestyle Properties earned a news sentiment score of 0.14 on Accern’s scale. Accern also gave media headlines about the real estate investment trust an impact score of 45.4151836787889 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Shares of Equity Lifestyle Properties (NYSE:ELS) traded up $0.75 on Friday, hitting $85.37. The stock had a trading volume of 306,544 shares, compared to its average volume of 277,949. The firm has a market cap of $7,498.64, a price-to-earnings ratio of 40.85, a price-to-earnings-growth ratio of 4.22 and a beta of 0.30. The company has a current ratio of 0.06, a quick ratio of 0.06 and a debt-to-equity ratio of 0.20. Equity Lifestyle Properties has a one year low of $72.25 and a one year high of $91.94.
The company also recently announced a quarterly dividend, which was paid on Friday, January 12th. Stockholders of record on Friday, December 29th were given a $0.488 dividend. This is a positive change from Equity Lifestyle Properties’s previous quarterly dividend of $0.49. The ex-dividend date of this dividend was Thursday, December 28th. This represents a $1.95 annualized dividend and a dividend yield of 2.29%. Equity Lifestyle Properties’s dividend payout ratio (DPR) is presently 93.30%.
Several equities research analysts recently commented on ELS shares. Robert W. Baird reiterated a “hold” rating and set a $95.00 target price on shares of Equity Lifestyle Properties in a report on Monday, December 11th. Zacks Investment Research downgraded Equity Lifestyle Properties from a “buy” rating to a “hold” rating in a report on Tuesday, October 24th. Citigroup lifted their price objective on Equity Lifestyle Properties from $86.00 to $88.00 and gave the stock a “neutral” rating in a report on Thursday, October 19th. Evercore ISI upgraded Equity Lifestyle Properties from an “underperform” rating to an “in-line” rating in a report on Monday, December 4th. Finally, Cantor Fitzgerald restated a “hold” rating and set a $81.00 price objective on shares of Equity Lifestyle Properties in a report on Monday, October 16th. Six equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $89.00.
In related news, insider Marguerite M. Nader sold 12,500 shares of the business’s stock in a transaction that occurred on Friday, December 22nd. The stock was sold at an average price of $88.30, for a total transaction of $1,103,750.00. Following the completion of the transaction, the insider now owns 97,868 shares in the company, valued at approximately $8,641,744.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Paul Seavey sold 7,775 shares of the business’s stock in a transaction that occurred on Thursday, December 21st. The shares were sold at an average price of $87.98, for a total value of $684,044.50. Following the transaction, the chief financial officer now owns 48,502 shares of the company’s stock, valued at approximately $4,267,205.96. The disclosure for this sale can be found here. In the last quarter, insiders sold 21,475 shares of company stock valued at $1,894,283. Insiders own 6.10% of the company’s stock.
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Equity Lifestyle Properties Company Profile
Equity LifeStyle Properties, Inc is a real estate investment trust (REIT). The Company is an owner and operator of lifestyle-oriented properties (properties) consisting primarily of manufactured home (MH) communities and recreational vehicle (RV) resorts and campgrounds. The Company operates through two segments: Property Operations and Home Sales and Rentals Operations.
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