In response to Zacks, “Fairness Way of life Properties, Inc. is a self-administered, self-managed, actual property funding belief. “
A number of different brokerages additionally not too long ago commented on ELS. BMO Capital Markets boosted their goal worth on Fairness LifeStyle Properties from $66.00 to $67.00 in a analysis be aware on Monday, February 1st. Royal Financial institution of Canada initiated protection on Fairness LifeStyle Properties in a analysis be aware on Tuesday, March 30th. They set a “sector carry out” ranking and a $65.00 goal worth for the corporate. Lastly, Robert W. Baird initiated protection on Fairness LifeStyle Properties in a analysis be aware on Tuesday, January 19th. They set an “outperform” ranking and a $67.00 goal worth 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 the moment has a mean ranking of “Purchase” and a consensus worth 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 worth of $65.33 and a 200-day transferring common worth 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 true 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 yr. Throughout the identical interval within the earlier yr, the agency posted $0.59 EPS. As a gaggle, analysis analysts anticipate that Fairness LifeStyle Properties will put up 2.14 earnings per share for the present yr.
A number of giant buyers have not too long ago added to or diminished 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 true property funding belief’s inventory price $2,173,00Zero after buying an extra 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 true property funding belief’s inventory valued at $38,168,00Zero after buying an extra 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 buyers 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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