Media stories about Equity Lifestyle Properties (NYSE:ELS) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Equity Lifestyle Properties earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned news articles about the real estate investment trust an impact score of 45.4151836787889 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Equity Lifestyle Properties (ELS) traded down $0.99 during mid-day trading on Tuesday, reaching $81.77. 129,138 shares of the company traded hands, compared to its average volume of 398,796. The stock has a market cap of $7,507.59, a P/E ratio of 38.14, a price-to-earnings-growth ratio of 4.21 and a beta of 0.21. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.06 and a current ratio of 0.06. Equity Lifestyle Properties has a 1 year low of $73.89 and a 1 year high of $91.94.
Several equities analysts have recently weighed in on the stock. Zacks Investment Research raised shares of Equity Lifestyle Properties from a “hold” rating to a “buy” rating and set a $103.00 price target on the stock in a research note on Tuesday, December 19th. BMO Capital Markets reaffirmed a “hold” rating and set a $95.00 target price on shares of Equity Lifestyle Properties in a research note on Tuesday, January 9th. Evercore ISI raised shares of Equity Lifestyle Properties from an “underperform” rating to an “in-line” rating in a research note on Monday, December 4th. Cantor Fitzgerald set a $85.00 price target on shares of Equity Lifestyle Properties and gave the company a “hold” rating in a research note on Tuesday, January 30th. Finally, TheStreet downgraded shares of Equity Lifestyle Properties from a “b-” rating to a “c+” rating in a research note on Tuesday, January 16th. Six investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $89.50.
In other news, Vice Chairman Howard Walker sold 1,200 shares of the company’s stock in a transaction on Tuesday, January 2nd. The shares were sold at an average price of $88.74, for a total transaction of $106,488.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CFO Paul Seavey sold 7,775 shares of the stock in a transaction dated Thursday, December 21st. The shares were sold at an average price of $87.98, for a total transaction of $684,044.50. Following the completion of the sale, the chief financial officer now directly owns 48,502 shares in the company, valued at $4,267,205.96. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 21,475 shares of company stock valued at $1,894,283. 6.10% of the stock is owned by insiders.
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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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