Although the revenue and EPS for Equity Lifestyle Properties (ELS) give a sense of how its business performed in the quarter ended September 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Equity LifeStyle Properties offers durable income and long-term growth, trading near its 52-week low with a 3.3% dividend yield. ELS benefits from strong tenant retention, limited new supply, and favorable demographics, supporting steady FFO and NOI growth. It maintains a robust balance sheet, disciplined expense management, and a well-covered and growing dividend.
Equity LifeStyle Properties, Inc. (NYSE:ELS ) BofA Securities 2025 Global Real Estate Conference September 10, 2025 12:45 PM EDT Company Participants Marguerite Nader - CEO & Non-Independent Vice Chairman Paul Seavey - Executive VP & CFO Patrick Waite - President & COO Conference Call Participants Jana Galan - BofA Securities, Research Division Presentation Jana Galan Research Analyst Welcome to Bank of America's 2025 Global Real Estate Conference. I'm Jana Galan, and I cover the residential REITs at BofA.
| Residential REITs Industry | Real Estate Sector | Marguerite M. Nader CEO | XSTU Exchange | US29472R1086 ISIN |
| US Country | 3,800 Employees | 26 Dec 2025 Last Dividend | 16 Jul 2013 Last Split | 24 Feb 1993 IPO Date |
As a self-administered, self-managed real estate investment trust (REIT) based in Chicago, we play a significant role in the real estate market. With operations that span across 35 states in the United States as well as British Columbia, our portfolio is extensive and diversified, covering a wide range of property types. As of January 29, 2024, our assets include ownership or interests in a total of 451 properties, encompassing 172,465 sites. This diverse property portfolio underscores our commitment to expanding our reach within the real estate sector, ensuring we cater to a myriad of tenant needs while maximizing value for our shareholders.
We offer a variety of residential properties within our portfolio, catering to different lifestyles and budget ranges. Our residential options are designed to meet the high standards of modern living, offering comfort, security, and convenience to tenants.
Our commercial property interests span across retail, office, and industrial sectors. These properties are strategically located to maximize occupancy rates and ensure sustainable income. We focus on properties with potential for value addition and high yields.
Mixed-use developments in our portfolio blend residential, commercial, and sometimes recreational facilities within a single project. These developments are designed to offer an integrated lifestyle, encouraging community living while facilitating access to various amenities and services.
As part of our comprehensive service offering, we provide property management services to ensure that all properties within our portfolio are maintained to high standards. This includes everything from routine maintenance to more complex renovations, all aimed at enhancing the value and appeal of our investments.