There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Equity LifeStyle Properties Inc. (ELS) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.14, or 0.21%, to $67.28. The Equity LifeStyle Properties Inc. has recorded 456,338 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that ELS Declares Third Quarter 2023 Dividend.
As a NYSE listed company, ELS falls under the Real Estate sector while operating within the REIT – Residential industry segment. At the end of the last regular session, the stock closed at $67.14 and fluctuated between $67.36 as its day high and $66.27 as its day low. The current market capitalization of Equity LifeStyle Properties Inc. is $12.49B. A total of 2.99 million shares were traded on the day, compared to an average of 1.75M shares.
Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, ELS has seen 6 BUY and 2 SELL insider trades, representing the acquisition of 953 and the disposition of 400 shares. Over the last 12 months, there were 63 BUYs and 52 SELLs from insiders. Insiders purchased 908,768 shares during that period but sold 1,499,751.
Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Equity LifeStyle Properties Inc. pays an annual dividend of $1.79, resulting in a dividend yield of 2.67%, and it has a price to earnings (P/E) ratio of 45.92. ELS’s most recent ex-dividend date was 9/28/2023 when it declared a $0.4470 quarterly dividend that was paid in cash on 10/13/2023. Previously, the company paid the dividend on 7/14/2023 with an ex-dividend date of 6/29/2023. The ELS stock dividend was $0.4470 per share in cash.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for ELS in the last 3 months, the mean price target is $75.23 with high estimates of $82.00 and low estimates of $68.00. In terms of 52-week highs and lows, ELS has a high of $74.40 and a low of $56.88.
As of this writing, ELS has an earnings estimate of $0.4 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of $0.43 per share and a lower estimate of $0.39. The company reported an EPS of $0.44 in the last quarter, which was -13.70% lower than expectations of $0.51.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. ELS’s latest balance sheet shows that the firm has $123.40M in Cash & Short Term Investments as of fiscal 2021. There were $3.27B in debt and $896.48M in liabilities at the time. Its Book Value Per Share was $7.70, while its Total Shareholder’s Equity was $1.49B.
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ELS is Buy with a score of 4.00.