ELSEquity Lifestyle Properties
- Next report
- No date yet
- none in the next 8 weeks
- Last result
- $0.79In line
- vs $0.79 expected on Oct 20
- Stock move on it
- −3.05%
- two sessions around the report
- Typical move
- ±2.2%
- average over 2 reports
- Price
- $61.53
- −0.73% today · $13.2B cap
Past and upcoming reports
2
| Oct 20, 2026 | Sep 30, 2026 | Time not given | $0.79 | $0.79 | −3.05%2d |
| Jul 20, 2026 | Jun 30, 2026 | Time not given | $0.44 | Beat$0.48 | −1.29%2d |
After the report
Jul 20, 2026 report
This covers the Jul 20, 2026 report. The Oct 20, 2026 numbers are in the table above.
ELS: Post-Earnings Drift Lower as Growth Concerns Outweigh In-Line Print
Equity Lifestyle Properties reported Q2 2026 earnings on July 20. While the EPS of $0.44 matched consensus, the stock slipped 0.55% the following day, reflecting market disappointment with tepid revenue growth (+0.5% TTM) and a PEG ratio of 5.26x signaling stretched growth expectations. The company's high payout ratio (102.5%) and elevated leverage (D/E 1.87) add to investor caution. With a neutral quant rank and mixed analyst sentiment (4 buy, 3 hold), the stock appears to be consolidating near $65, awaiting a clearer catalyst from rate policy or operational inflection.
Reported against expected
EPS of $0.44 matched the consensus estimate of $0.44. no beat or miss.
Guidance
No explicit guidance update provided. forward EPS growth of 8% next year is below sector average of 11.1%.
How the stock reacted
Stock fell 0.55% on July 21, closing at $64.90, with volume of 1.06M shares (below 90-day average of 1.28M).
What changed
In-line EPS but revenue growth deceleration and high payout ratio raised concerns.
What the price now assumes
Stagnant growth and elevated leverage warrant a lower multiple. stock near $65 reflects neutral sentiment.
What it means for the business
Downgrade bias. watch for Q3 occupancy or rate cut catalyst to justify current valuation.
The next one to three months, as we saw it then
Better case25%
Fed signals rate cuts, lowering REIT cost of capital and driving multiple expansion toward analyst target of $70.14.
Base case50%
Stock trades in $63-$67 range as market digests in-line results and awaits clearer growth signals.
Worse case25%
Higher-for-longer rates and weak growth compress P/E toward sector average of 33x, implying downside to $63.
If you hold it
Hold unless next-quarter revenue misses guidance materially or customer concentration risk worsens.
If you are watching
Add only if next-quarter guidance is reiterated or raised. avoid if guidance is cut or geopolitical risk escalates.
Scenario odds are a judgement, not measured.