- Equity LifeStyle boosts its full-year normalized FFO per share forecast.
- New FY forecast for normalized FFO per share: $2.86 to $2.96 (previously $2.84 to $2.94).
- Analysts estimated $2.92 for the FY normalized FFO per share.
- Third-quarter forecast for normalized FFO per share: 69c to 75c (estimate 71c).
- Second-quarter normalized FFO per share remained constant at 66c year-over-year (estimate was 65c).
- Total revenue for Q2: $380.0 million, an increase of 2.7% year-over-year (estimate was $344.6 million).
- Analyst ratings: 5 buys, 9 holds, 0 sells.
A look at Equity Lifestyle Properties Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Equity Lifestyle Properties, Inc. is set for a positive long-term outlook as indicated by its Smartkarma Smart Scores. With a solid Growth score of 4 and a Momentum score of 4, the company shows promising potential for advancement and market performance. These scores suggest that Equity Lifestyle Properties is well-positioned to experience sustainable growth and maintain a strong upward trajectory in the market.
While the Value and Resilience scores are more moderate at 2 each, the company’s Dividend score of 3 signifies a decent performance in terms of returning value to its shareholders. Equity Lifestyle Properties, Inc. owns and operates a variety of communities in the US and western Canada, specializing in camping grounds and seasonal resort communities. This unique niche in the real estate industry coupled with its positive Smart Scores indicates a favorable long-term outlook for the company.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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