In keeping with Zacks, “Fairness Life-style Properties, Inc. is a self-administered, self-managed, actual property funding belief. “
A number of different brokerages additionally lately commented on ELS. BMO Capital Markets boosted their goal value on Fairness LifeStyle Properties from $66.00 to $67.00 in a analysis word on Monday, February 1st. Royal Financial institution of Canada initiated protection on Fairness LifeStyle Properties in a analysis word on Tuesday, March thirtieth. They set a “sector carry out” ranking and a $65.00 goal value for the corporate. Lastly, Robert W. Baird initiated protection on Fairness LifeStyle Properties in a analysis word on Tuesday, January nineteenth. They set an “outperform” ranking and a $67.00 goal value for the corporate. 4 analysis analysts have rated the inventory with a maintain ranking and 4 have given a purchase ranking to the inventory. Fairness LifeStyle Properties at present has a median ranking of “Purchase” and a consensus value goal of $69.00.
ELS stock traded up $0.29 throughout noon buying and selling on Friday, reaching $69.40. The corporate had a buying and selling quantity of 1,248,745 shares, in comparison with its common quantity of 905,167. The corporate has a market capitalization of $12.65 billion, a price-to-earnings ratio of 57.83, a price-to-earnings-growth ratio of 4.60 and a beta of 0.46. The inventory has a 50 day transferring common value of $65.33 and a 200-day transferring common value of $62.44. Fairness LifeStyle Properties has a 1-year low of $53.52 and a 1-year excessive of $69.66. The corporate has a debt-to-equity ratio of 0.04, a present ratio of 0.06 and a fast ratio of 0.06.
Fairness LifeStyle Properties (NYSE:ELS) final issued its earnings outcomes on Sunday, April 18th. The actual property funding belief reported $0.35 EPS for the quarter, lacking the Thomson Reuters’ consensus estimate of $0.37 by ($0.02). The enterprise had income of $296.00 million for the quarter, in comparison with analyst estimates of $282.29 million. Fairness LifeStyle Properties had a return on fairness of 16.66% and a web margin of 20.27%. The agency’s income was up 5.5% in comparison with the identical quarter final 12 months. Throughout the identical interval within the earlier 12 months, the agency posted $0.59 EPS. As a bunch, analysis analysts anticipate that Fairness LifeStyle Properties will submit 2.14 earnings per share for the present 12 months.
A number of giant traders have lately added to or lowered their stakes in ELS. Marshall Wace North America L.P. purchased a brand new stake in shares of Fairness LifeStyle Properties through the first quarter price about $69,000. Schonfeld Strategic Advisors LLC grew its holdings in shares of Fairness LifeStyle Properties by 445.0% through the third quarter. Schonfeld Strategic Advisors LLC now owns 35,442 shares of the actual property funding belief’s inventory price $2,173,000 after buying a further 28,939 shares over the past quarter. Brinker Capital Investments LLC purchased a brand new stake in Fairness LifeStyle Properties within the third quarter valued at roughly $207,000. Sei Investments Co. boosted its holdings in Fairness LifeStyle Properties by 68.2% within the third quarter. Sei Investments Co. now owns 622,474 shares of the actual property funding belief’s inventory valued at $38,168,000 after buying a further 252,489 shares over the past quarter. Lastly, Perpetual Ltd purchased a brand new stake in Fairness LifeStyle Properties within the third quarter valued at roughly $4,570,000. Institutional traders personal 91.49% of the corporate’s inventory.
About Fairness LifeStyle Properties
We’re a self-administered, self-managed actual property funding belief (ÂREITÂ) with headquarters in Chicago. As of January 25, 2021, we personal or have an curiosity in 423 high quality properties in 33 states and British Columbia consisting of 161,229 websites.
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