Equity Lifestyle Properties (ELS)
NYSEReal EstateReit - ResidentialSnapshot 2026-11-04
$62.50+3.65%
Close 2026-11-04 · 1-day change
NYSEReal EstateReit - ResidentialSnapshot 2026-11-04
QuarterlyIQ Insights · ELS
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 28.1% |
| Our one-year growth estimate | diamond | 3.8% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the opposite direction.
Price observations: 365 days
Usually moved in the opposite direction.
Price observations: 365 days
Most sensitive to real (inflation-adjusted) rates and long-term interest rates.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 24.3 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-04 · Compared with 10 industry peers · Company calendar date is not available
ELS — earnings in line
Dated 2026-10-21
Results of Operations and Financial Condition On October 20, 2026, Equity LifeStyle Properties, Inc. (referred to herein as “we,” “us,” and “our”) issued a news release announcing our results of operations for the quarter and nine months ended September 30, 2026, our fourth quarter and full year 2026 earnings guidance assumptions and our preliminary 2027 rent growth assumptions. The news release is furnished as Exhibit 99.1 to this report on Form 8-K. The news release was also posted on our w…
Why it matters: Patrick Waite takes over as CEO after a planned transition. His first updates will show how the new team sets priorities.
Watch forWaite takes the CEO role on January 1, 2027. The company keeps its stated 2027 rent growth assumptions near 5.1% for MH and 4.7% for RV.
Also watch forThe handoff is delayed or changed. Or, after Waite takes over, the company cuts either stated 2027 rent growth assumption.
Why it matters: Nine-month normalized FFO rose 4.0% year over year. The full-year result will test the Q4 guidance.
Watch forFull-year 2026 normalized FFO per share and OP unit lands at or above $3.18, the guidance midpoint.
Also watch forFull-year 2026 normalized FFO per share and OP unit lands below $3.15, the low end of guidance.
Why it matters: MH rent growth was 5.7% in Q3. The 2027 estimate tests whether that steady growth continues.
Supportive if2027 Core MH base rent income growth is at least 5.1%, and occupied MH sites increase year over year.
Worry if2027 Core MH rent growth falls below 5.1%, or occupied MH sites decline year over year.
Why it matters: Q3 RV and marina base rent growth was 2.1%. The 2027 estimate points to faster growth.
Supportive if2027 Core RV annual rent income growth reaches 4.7% or more. Annual membership subscriptions keep growing year over year.
Worry if2027 Core RV annual rent growth falls below 4.7%, or annual membership subscriptions stop growing year over year.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$82 on $10,000 · ±0.8% | How much price usually moves either way. |
| Bad day | $174 loss on $10,000 · 1.7% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $1,499 loss on $10,000 · 15.0% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.