|Bid||64.81 x 800|
|Ask||84.84 x 800|
|Day's Range||84.53 - 85.32|
|52 Week Range||57.97 - 88.47|
|Beta (5Y Monthly)||0.51|
|PE Ratio (TTM)||68.14|
|Forward Dividend & Yield||1.45 (1.83%)|
|Ex-Dividend Date||Sep 23, 2021|
|1y Target Est||N/A|
Summertime is high season for getaways, and despite -- or maybe because of -- the continuing pandemic, it proved to be a hot three months for a real estate investment trust (REIT) that specializes in cottages, cabins, recreational vehicles, and manufactured home communities. "The third quarter represents our most active camping season, and our results show the demand for our product offerings," Marguerite Nader, president and CEO of Equity LifeStyle Properties (NYSE: ELS), said in the company's 3Q20 earnings call on Oct. 19. Nader pointed to that important REIT metric in the earnings call, touting normalized FFO growth of 18% compared with 3Q20 and 21% compared to pre-pandemic 3Q19.
Out of thousands of stocks that are currently traded on the market, it is difficult to identify those that will really generate strong returns. Hedge funds and institutional investors spend millions of dollars on analysts with MBAs and PhDs, who are industry experts and well connected to other industry and media insiders on top of that. Individual investors can piggyback […]
At this time, I would like to turn the call over to Marguerite Nader, our President and CEO. In our earnings release, we reported third quarter and year-to-date normalized FFO per share of $0.65 and $1.90 respectively.