Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $55.11 USD
Change Today +0.32 / 0.58%
Volume 254.0K
ELS On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 03/27/15 All times are local (Market data is delayed by at least 15 minutes).

equity lifestyle properties (ELS) Key Developments

Equity LifeStyle Properties, Inc. Announces Executive Changes

On March 13, 2015, John Los resigned his position as Senior Vice President and Chief Accounting Officer of Equity LifeStyle Properties, Inc. Mr. Los resigned in order to pursue an opportunity at a different company. His resignation was not the result of any disagreement between him and the company regarding accounting operations, policies or practices. Immediately following Mr. Los' resignation, Paul Seavey, Executive Vice President, Chief Financial Officer and Treasurer, assumed the responsibilities of principal accounting officer.

Equity Lifestyle Properties, Inc. Declares Quarter Dividend on Common Shares and Series C Cumulative Redeemable Perpetual Preferred Stock, Payable on April 10, 2015 and March 31, 2015 Respectively

The board of directors of Equity LifeStyle Properties, Inc. declared a dividend of $0.375 per common share, representing, on an annualized basis, a dividend of $1.50 per common share. The dividend will be paid on April 10, 2015 to stockholders of record on March 27, 2015. The board of directors also declared a dividend of $0.421875 per depositary share (each representing 1/100 of a share of 6.75% Series C Cumulative Redeemable Perpetual Preferred Stock), which represents, on an annualized basis, a dividend of $1.6875 per depositary share. The dividend will be paid on March 31, 2015 to stockholders of record on March 20, 2015.

Equity LifeStyle Properties, Inc. Promotes Patrick Waite to Executive Vice President and COO

Equity LifeStyle Properties, Inc. has promoted Patrick Waite to executive vice president and COO.

Equity LifeStyle Properties, Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Earnings Guidance for the First Quarter Ending March 31, 2015 and Full Year Ending December 31, 2015

Equity LifeStyle Properties, Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported total revenues of $190,261,000 against $180,064,000 a year ago. Income from continuing operations was $34,262,000 against $28,814,000 a year ago. Net income was $34,262,000 against $28,713,000 a year ago. Net income available for common shares was $29,403,000 against $24,160,000 a year ago. Funds flow operations was $60,263,000 or $0.66 per diluted share against $54,866,000 or $0.60 per share diluted a year ago. Income from continuing operations per common share fully diluted were 0.35 against $0.29 a year ago. Net income per common share diluted were $0.35 against $0.29 a year ago. Normalized funds flow operations was $60,759,000 or $0.66 per diluted share against $56,588,000 or $0.62 per share diluted a year ago. For the year, the company reported total revenues of $776,809,000 against $729,048,000 a year ago. Income from continuing operations was $138,468,000 against $77,247,000 a year ago. Net income was $138,468,000 against $125,905,000 a year ago. Net income available for common shares was $118,731,000 against $106,919,000 a year ago. Funds flow operations was $246,588,000 or $2.69 per share diluted against $191,049,000 or $2.09 per share diluted a year ago. Income from continuing operations per common share fully diluted were $1.41 against $0.75 a year ago. Net income per common share diluted were $1.41 against $1.28 a year ago. Normalized funds flow operations was $253,257,000 or $2.77 per diluted share against $232,298,000 or $2.55 per share diluted a year ago. For the first quarter ending March 31, 2015, the company expects normalized funds flow operations of $74.5 million, net income available to common shares of $32.0 million, funds flow operations of $65.5 million, normalized funds flow operations per share of $0.78 to $0.84. Funds flow operations per share will be in the range of $0.68 to $0.74. Net income per share fully diluted will be in the range of $0.35 to $0.41. For the year ending December 31, 2015, the company expects normalized funds flow operations of $271.3 million or $2.91 to $3.01 per share. Net income available to common shares will be $129.5 million. Net income per common share will be $1.48 to $1.58. Funds flow from operations will be $262.3 million or $2.81 to $2.91 per diluted share. The company updated guidance reflects a shift in its customers' behavior toward broader usage of its entire RV footprint. The company has updated the company’s 2015 guidance to reflect expected increases over the 2014 actual taxes. Because of the timing of this tax adjustment in 2014, this guidance update has more impact on overall expense growth later in 2015.

Equity LifeStyle Properties, Inc. Presents at Citl's 2015 Global Property CEO Conference, Mar-04-2015 08:10 AM

Equity LifeStyle Properties, Inc. Presents at Citl's 2015 Global Property CEO Conference, Mar-04-2015 08:10 AM. Venue: The Diplomat Resort & Spa, 3555 South Ocean Drive, Hollywood, FL 33019, United States. Speakers: Marguerite M. Nader, Chief Executive Officer, President and Director.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
ELS:US $55.11 USD +0.32

ELS Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Alexandria Real Estate Equities Inc $97.40 USD -0.17
American Campus Communities Inc $42.08 USD +0.29
BioMed Realty Trust Inc $22.35 USD -0.15
Douglas Emmett Inc $29.35 USD -0.03
Home Properties Inc $68.92 USD -0.14
View Industry Companies
 

Industry Analysis

ELS

Industry Average

Valuation ELS Industry Range
Price/Earnings 42.5x
Price/Sales 6.0x
Price/Book 6.0x
Price/Cash Flow 19.4x
TEV/Sales 2.8x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact EQUITY LIFESTYLE PROPERTIES, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.