
ELS Stock Forecast & Price Target
ELS Analyst Ratings
Bulls say
Equity Lifestyle Properties (ELS) demonstrates a positive financial outlook due to its strong funds from operations (FFO) growth over time and a substantial acquisition and development opportunity set, which has led to the valuation method incorporating a 5% premium to net asset value (NAV). Approximately 70% of ELS’s portfolio consists of age-restricted properties, aligning with favorable demographic trends that favor retirement destinations, particularly in the Sunbelt region. As the largest operator in the manufactured housing and recreational vehicle sectors in the U.S., ELS is well-positioned to leverage market opportunities for future value creation through strategic development and acquisitions.
Bears say
Equity Lifestyle Properties is facing a negative outlook, as the company's normalized FFO per share estimates for 2025 and 2026 have been reduced by $0.01 and $0.02, respectively, primarily due to weaker assumptions regarding annual RV performance. Additionally, the company has reported an approximate 90 basis point decline in annual RV and marina occupancy as of the second quarter of 2025, leading to a downward adjustment of 70 basis points in annual guidance for this segment. The anticipated impact of increased attrition and lower occupancy rates, coupled with external factors such as the visa integrity fee, further compounds concerns about future revenue growth and financial stability.
This aggregate rating is based on analysts' research of Equity LifeStyle Properties and is not a guaranteed prediction by Public.com or investment advice.
ELS Analyst Forecast & Price Prediction
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