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Upturn AI Summary - About
Equity Lifestyle Properties Inc(ELS)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for ELS
11/06/2026: ELS (1-star) is currently NOT-A-BUY. Pass it for now.
Equity Lifestyle Properties is a leading REIT that owns and operates a vast portfolio of high-quality manufactured home communities and premium RV resorts. The company benefits from stable, recurring rental income from long-term residents and discretionary demand for outdoor travel, supporting consistent dividend payments. Its primary growth strategy revolves around strategic acquisitions and increasing rental rates in supply-constrained markets. Key risks include geographic exposure to weather-related events, rising insurance costs, and interest rate sensitivity. It is a suitable candidate for income-focused investors seeking stability and dividend growth, though investors should monitor regional regulatory developments and the impact of broader economic cycles on travel spending.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | ELS offers steady rather than explosive growth, suited for long-term compounding. |
| Momentum investor | Weak fit | This is a slow-moving real estate stock rather than a high-momentum growth equity. |
| Value investor | Mixed fit | Valuation is often premium due to the stability and quality of the asset class. |
| Dividend investor | Strong fit | Consistent dividend growth and reliable rental income make it a staple for income-focused portfolios. |
| Low-risk investor | Strong fit | Low volatility compared to the broader market and stable occupancy rates provide defensive characteristics. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Low | Real estate investment trusts generally exhibit lower beta than technology or small-cap stocks. |
| Valuation risk | Medium | As a premium REIT, ELS can become overvalued relative to FFO multiples in low-rate environments. |
| Competition risk (Leisure/Housing) | Medium | Rising supply in localized markets could pressure rental rate growth. |
| Business quality | Strong | The high barrier to entry in its niche markets provides a strong moat. |
| Dividend income | Strong | The company has a long history of safe and growing dividend payments. |
| Execution risk | Low | Management has decades of experience operating this specific property model. |
Price Behavior
Downtrend
The stock has experienced a sustained decline in price over recent periods.
Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type Stock | Historic Profit -20.66% | Avg. Invested days 35 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 11/06/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 12.67B USD | Price to earnings Ratio 31.16 | 1Y Target Price 68.16 |
Price to earnings Ratio 31.16 | 1Y Target Price 68.16 | ||
Volume (30-day avg) 2.2M shares | Beta 0.61 | 52 Weeks Range 57.18 - 67.19 | Updated Date 11/08/2026 |
52 Weeks Range 57.18 - 67.19 | Updated Date 11/08/2026 | ||
Dividends yield (FY) 3.40% | Basic EPS (TTM) 2.02 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Rental Revenue | Monthly site rent from manufactured home residents and nightly/seasonal fees from RV/resort guests. | Most revenue comes from recurring, high-margin rent payments. |
| Utility and Ancillary | Utility charges and amenities fees at parks. | Additional service fees provide a steady secondary income stream. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date 2026-10-20 | When After Market | Estimate 0.79 | Actual 0.79 |
Profitability
Profit Margin 24.59% | Operating Margin (TTM) 33.35% |
Management Effectiveness
Return on Assets (TTM) 6.05% | Return on Equity (TTM) 22.34% |
Valuation
Trailing PE 31.16 | Forward PE 29.24 | Enterprise Value 15.56B | Price to Sales(TTM) 7.96 |
Enterprise Value 15.56B | Price to Sales(TTM) 7.96 | ||
Enterprise Value to Revenue 10.38 | Enterprise Value to EBITDA 20.22 | Shares Outstanding 194.79M | Shares Floating 193.15M |
Shares Outstanding 194.79M | Shares Floating 193.15M | ||
Percent Insiders 0.76 | Percent Institutions 111.74 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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