Equity Lifestyle Properties Earnings Preview: Q2 EPS Anticipated to Decline 37.9%, Revenue Down 0.6% YoY.

Equity Lifestyle Properties (ELS) is expected to report a 37.9% YoY decline in Q2 EPS to $0.41 and a 0.6% YoY decrease in revenue to $377.59 million. Despite a history of surpassing EPS estimates, recent downward revisions pose challenges. Analysts forecast a one-year average price target of $72.94, suggesting a 17.70% upside from the current share price of $61.97. The company has an average recommendation of 2.2, translating to an "Outperform" status. The GF Value metric estimates a one-year target of $73.94, indicating a potential upside of 19.32%.

Equity Lifestyle Properties (ELS), a real estate investment trust (REIT), is set to report its second-quarter (Q2) earnings, with analysts and investors closely monitoring the anticipated results. According to the latest earnings preview, ELS expects a Q2 earnings per share (EPS) of $0.41, marking a significant 37.9% year-over-year (YoY) decline. The projected revenue stands at $377.59 million, a slight decrease of 0.6% from the previous year [1].

Despite a history of surpassing EPS estimates, recent downward revisions present challenges for the company. Wall Street analysts are forecasting a one-year average price target of $72.94, suggesting a promising 17.70% upside from the current share price of $61.97. The consensus recommendation among 16 brokerage firms is an "Outperform" status, with an average rating of 2.2 out of 5 [1].

GuruFocus, a financial research platform, provides its proprietary GF Value metric, estimating a one-year target of $73.94 for ELS, indicating a potential upside of 19.32% from the current price. The GF Value is derived from historical trading multiples, business growth, and future performance forecasts [1].

Institutional investors, including hedge funds and other institutional investors, have shown increased interest in ELS. Victory Capital Management Inc. lifted its stake by 15.1% during the first quarter, owning approximately 2.79% of ELS worth $355.515 million [2]. Other notable investors, such as Proficio Capital Partners LLC, Raymond James Financial Inc., HighTower Advisors LLC, Avantax Advisory Services Inc., and Natixis Advisors LLC, have also modified their holdings in ELS [2].

Company insiders are also active in the market. CFO Paul Seavey sold 10,000 shares of ELS on May 7th, reducing his position by 11.34% [2]. This transaction occurred at an average price of $64.72, totaling $647,200.00 [2].

Several brokerages have recently commented on ELS. BMO Capital Markets, Truist Financial, Morgan Stanley, Jefferies Financial Group, and Barclays have all issued new price targets and ratings for the stock. Four analysts have rated the stock with a hold rating, seven have issued a buy rating, and one has issued a strong buy rating. The current consensus rating is "Moderate Buy" with an average price target of $73.32 [2].

Equity Lifestyle Properties, Inc. operates through two segments: Property Operations and Home Sales and Rentals Operations. The company focuses on lifestyle-oriented properties, primarily manufactured homes and recreational vehicle communities [1].

In conclusion, ELS is expected to report a Q2 earnings decline, but analysts remain optimistic about the company's future prospects. The stock has shown increased interest from institutional investors and company insiders, with a consensus rating of "Moderate Buy" and an average price target of $73.32.

References:
[1] https://www.gurufocus.com/news/2989100/equity-lifestyle-properties-els-likely-to-report-q2-earnings-decline
[2] https://www.marketbeat.com/instant-alerts/filing-equity-lifestyle-properties-inc-nyseels-stock-holdings-lifted-by-victory-capital-management-inc-2025-07-16/