Summary:
- Equity Lifestyle Properties (ELS, Financial) is projected to report a 6.4% increase in FFO for Q1.
- Analysts set a one-year target price averaging $74.46, indicating a potential 14% upside.
- The GF Value suggests a 16.11% upside, affirming ELS as an "Outperform" stock.
Q1 Earnings Preview for Equity Lifestyle Properties (ELS)
Equity Lifestyle Properties (ELS) is scheduled to announce its first-quarter earnings on April 21st, after the close of market trading. Analysts are anticipating a robust performance with predictions of a funds from operations (FFO) of $0.83 per share, marking a significant 6.4% growth from the previous year. In addition, revenue is forecasted to reach $392.93 million, reflecting a 1.6% year-over-year increase.
Insights from Wall Street Analysts
According to forecasts from 14 Wall Street analysts, the average price target for ELS over the next year stands at $74.46. This represents a potential upside of 14.00% from its current trading price of $65.32. The analysts’ high estimate reaches up to $82.00, while the low estimate is at $68.00. For more comprehensive estimate data, visit the Equity Lifestyle Properties Inc (ELS, Financial) Forecast page.
Analyzing the consensus from 14 brokerage firms reveals a current average recommendation of 2.1 for ELS, categorized as "Outperform." This rating scale indicates a positive outlook, where 1 signifies "Strong Buy" and 5 reflects "Sell."
Understanding the GF Value Estimation
GuruFocus has estimated a GF Value for ELS to be $75.84 over the next year. This suggests a promising upside of 16.11% from the current price of $65.32. The GF Value is derived from historical trading multiples, past business growth, and future performance projections. For additional insights, visit the Equity Lifestyle Properties Inc (ELS, Financial) Summary page.
