Equity Lifestyle Properties (ELS)
NYSEReal EstateReit - ResidentialSnapshot 2026-09-04
$62.42-0.30%
Close 2026-09-04 · 1-day change
NYSEReal EstateReit - ResidentialSnapshot 2026-09-04
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 still in the top half of its industry but slipped notably this past month — worth watching.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 13.4% |
| Our one-year growth estimate | diamond | 3.7% |
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 2026-09-04.
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 9.6 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-09-04 · Compared with 16 industry peers
ELS — dividend update
Dated 2026-07-28
Other Events On July 28, 2026, the Board of Directors of Equity LifeStyle Properties, Inc. (referred to herein as “we,” “us,” and “our”) declared a third quarter 2026 dividend of $0.5425 per common share, representing, on an annualized basis, a dividend of $2.17 per common share. The dividend will be paid on October 9, 2026 to stockholders of record at the close of business on September 25, 2026. This report includes certain “forward-looking statements” within the meaning of the Private Secur…
Why it matters: Keeping the dividend shows financial health. It also shows a commitment to shareholders.
Supportive ifThe Board declares a dividend of $0.5425 for Q3 2026.
Worry ifThe Board announces a reduction in the dividend payout.
Why it matters: Keeping or raising the dividend shows the company is doing well. It also shows they care about shareholders.
Supportive ifThe dividend for Q2 2026 is set at $0.5425 per share, consistent with prior increases.
Worry ifThe dividend payout is cut or not increased from $0.5425 per share.
Why it matters: Confirming the dividend payout shows a promise to give value back to shareholders. It shows good financial health.
Supportive ifThe dividend is paid as planned on October 9, 2026.
Worry ifThe dividend payment is delayed or canceled.
Why it matters: Getting more cash from operations helps fund growth. It also supports dividend payments.
Supportive ifCash from operations increases by more than 10% compared to Q2.
Worry ifCash from operations decreases or grows less than 5%.
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 | ±$81 on $10,000 · ±0.8% | How much price usually moves either way. |
| Bad day | $173 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 | $1,034 loss on $10,000 · 10.3% | 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.
Why it matters: This growth shows good management and strong demand for properties.
Supportive ifCore property operating revenues grow more than 4.0% in Q3 2026.
Worry ifCore property operating revenues grow less than 4.0% in Q3 2026.
Why it matters: Maintaining the dividend is crucial for investor confidence. A stable payout shows financial health.
Watch forThe Board maintains the dividend at $2.17 per share for 2026.
Also watch forThe Board cuts the dividend payout below $2.17 per share for 2026.
Why it matters: Higher costs can lower profits. Watching this shows how well costs are managed.
Worry ifCore property costs rise more than 3% in Q3 2026.
Less concerning ifCore property costs rise less than 2% in Q3 2026.
Why it matters: Management's guidance on FFO shows their outlook on cash flow and growth. A strong guidance indicates confidence in performance.
Supportive ifNormalized FFO per share guidance for Q3 2026 is above $0.76.
Worry ifNormalized FFO per share guidance for Q3 2026 is below $0.76.
Why it matters: Core MH base rental income growth reflects demand and pricing power in the manufactured home sector. Strong growth supports overall revenue.
Supportive ifCore MH base rental income growth exceeds 5.6% in Q3 2026.
Worry ifCore MH base rental income growth is below 5.6% in Q3 2026.
Why it matters: More money from RVs and marinas shows people want to spend on leisure. This affects total revenue and profit.
Supportive ifCore RV and marina base rental income growth exceeds 2.0% in Q3 2026.
Worry ifCore RV and marina base rental income growth is below 2.0% in Q3 2026.