Key Takeaways:
- Equity Lifestyle Properties (ELS, Financial) aligns its Q1 FFO with expectations but misses revenue projections by $5.6 million.
- Analysts suggest a potential 15.57% upside based on their average price target.
- GuruFocus estimates indicate a possible 17.71% upside from the current share price.
Equity Lifestyle Properties Q1 Performance
In its first-quarter earnings report, Equity Lifestyle Properties (ELS) announced funds from operations (FFO) at $0.83 per share, meeting market expectations. However, total revenue reached $387.33 million, which fell short of targets by $5.6 million. Looking ahead, the company has updated its 2025 guidance, projecting FFO in the range of $3.01 to $3.11 per share, buoyed by growth in its core portfolio rental income.
Analyst Insights and Price Targets
Wall Street remains optimistic about ELS, with 14 analysts providing a one-year average price target of $74.46. This suggests a potential upside of 15.57% from its current price of $64.43. Analysts have set a high estimate of $82.00 and a low estimate of $68.00. For more detailed projections, visit the Equity Lifestyle Properties Inc (ELS, Financial) Forecast page.
Brokerage Ratings and Recommendations
The consensus from 14 brokerage firms places ELS with an average recommendation of 2.1 on a scale where 1 indicates a Strong Buy and 5 a Sell. This "Outperform" status reflects a positive outlook for investors considering ELS as a potential addition to their portfolios.
Evaluating GF Value and Potential Upside
According to GuruFocus estimates, the GF Value for ELS stands at $75.84, suggesting a potential gain of 17.71% from its current price. This valuation is derived from historical trading multiples, past business growth, and future performance projections. Investors can access more comprehensive data on the Equity Lifestyle Properties Inc (ELS, Financial) Summary page.
