Last 7 days
-1.2%
Last 30 days
-1.1%
Last 90 days
1.6%
Trailing 12 Months
-0.8%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-08-01 | Waite Patrick | acquired | 285 | 57.09 | 5.00 | evp & chief operating officer |
2023-08-01 | Freedman Constance | acquired | 856 | 57.09 | 15.00 | - |
2023-07-28 | CONTIS DAVID J | gifted | - | - | -200 | - |
2023-07-28 | HENEGHAN THOMAS | gifted | - | - | -200 | chairman of the board |
2023-07-28 | CONTIS DAVID J | gifted | - | - | 200 | - |
2023-07-28 | HENEGHAN THOMAS | gifted | - | - | 200 | chairman of the board |
2023-07-03 | ROSENBERG SHELI Z | acquired | 12,509 | 53.92 | 232 | - |
2023-07-03 | Freedman Constance | acquired | 16,229 | 53.92 | 301 | - |
2023-05-01 | Freedman Constance | acquired | 735 | 56.58 | 13.00 | - |
2023-05-01 | Waite Patrick | acquired | 282 | 56.58 | 5.00 | evp & chief operating officer |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-20 | BARCLAYS PLC | added | 1.39 | 110,000 | 10,669,000 | 0.01% |
2023-09-12 | Farther Finance Advisors, LLC | added | 11.11 | 842 | 8,696 | -% |
2023-08-24 | Alberta Investment Management Corp | unchanged | - | -792 | 220,737 | -% |
2023-08-23 | WOLVERINE TRADING, LLC | added | 19.69 | 119,729 | 695,729 | -% |
2023-08-22 | VIRGINIA RETIREMENT SYSTEMS ET AL | reduced | -0.92 | -102,179 | 7,897,440 | 0.08% |
2023-08-21 | OSAIC HOLDINGS, INC. | added | 21.86 | 250,111 | 1,418,550 | -% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -10.75 | -2,320,690 | 18,636,800 | 0.03% |
2023-08-21 | BOKF, NA | added | 3.74 | 35,191 | 1,081,140 | 0.02% |
2023-08-21 | VisionPoint Advisory Group, LLC | new | - | 602 | 602 | -% |
2023-08-21 | Principal Street Partners, LLC | reduced | -1.57 | -6,031 | 306,080 | 0.07% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Aug 08, 2023 | blackrock inc. | 12.3% | 22,878,017 | SC 13G | |
Feb 14, 2023 | price t rowe associates inc /md/ | 4.2% | 7,735,330 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 13.38% | 24,900,523 | SC 13G/A | |
Feb 09, 2023 | fmr llc | - | 0 | SC 13G/A | |
Feb 03, 2023 | blackrock inc. | 7.9% | 14,752,329 | SC 13G/A | |
Feb 14, 2022 | price t rowe associates inc /md/ | 5.6% | 10,459,829 | SC 13G | |
Feb 10, 2022 | vanguard group inc | 13.33% | 24,501,375 | SC 13G/A | |
Feb 09, 2022 | fmr llc | - | 0 | SC 13G/A | |
Feb 01, 2022 | blackrock inc. | 7.9% | 14,515,744 | SC 13G/A | |
Feb 10, 2021 | vanguard group inc | 13.05% | 23,787,784 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Aug 08, 2023 | SC 13G | Major Ownership Report | |
Aug 03, 2023 | 4 | Insider Trading | |
Aug 03, 2023 | 4 | Insider Trading | |
Aug 03, 2023 | 10-Q | Quarterly Report | |
Aug 01, 2023 | 4 | Insider Trading | |
Aug 01, 2023 | 4 | Insider Trading | |
Jul 28, 2023 | 8-K | Current Report | |
Jul 18, 2023 | 8-K | Current Report | |
Jul 05, 2023 | 4 | Insider Trading | |
Jul 05, 2023 | 4 | Insider Trading |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
PSA | 48.1B | 4.4B | -0.64% | -17.74% | 11.24 | 10.95 | 14.80% | 87.79% |
DLR | 36.9B | 5.1B | -2.01% | 17.36% | 86.19 | 7.19 | 13.73% | -68.04% |
EQR | 22.8B | 2.0B | -6.30% | -11.85% | 27.35 | 11.3 | -22.97% | -33.54% |
ARE | 20.0B | 2.7B | -13.66% | -28.12% | 26.64 | 7.46 | 15.16% | 88.51% |
KIM | 11.0B | 1.8B | -6.40% | -7.72% | 27.11 | 6.23 | 6.75% | -42.80% |
MID-CAP | ||||||||
FRT | 7.6B | 1.1B | -5.28% | 2.70% | 19.53 | 6.84 | 8.31% | 38.10% |
KRG | 4.7B | 820.5M | -1.92% | 22.31% | 167.75 | 5.74 | 29.95% | 125.56% |
VNO | 4.3B | 1.8B | 1.49% | -8.17% | -11.49 | 2.34 | 5.60% | -286.96% |
MAC | 2.4B | 866.2M | 1.07% | 40.86% | -27.99 | 2.82 | 0.51% | -335.26% |
SMALL-CAP | ||||||||
SLG | 2.4B | 882.0M | 5.01% | -4.95% | -5.46 | 2.74 | 11.76% | -239.94% |
SKT | 2.4B | 426.3M | -1.96% | 60.49% | 25.05 | 5.56 | 1.38% | 137.97% |
PGRE | 1.0B | 732.3M | -3.86% | -29.19% | -12.06 | 1.4 | -0.03% | -4012.90% |
AIV | 1.0B | 339.3M | -11.18% | -12.50% | -5.75 | 2.99 | 88.48% | -168.70% |
16.8%
9.7%
8.4%
4.1%
37.7%
23.5%
0%
Y-axis is the maximum loss one would have experienced if Equity LifeStyle Properties was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | 0.3% | 1,462 | 1,457 | 1,447 | 1,442 | 1,408 | 1,373 | 1,316 | 1,280 | 1,218 | 1,142 | 1,119 | 1,078 | 1,064 | 1,059 | 1,037 | 1,022 | 1,008 | 1,000 | 987 | 973 | 958 |
Costs and Expenses | 0.3% | 1,163 | 1,160 | 1,152 | 1,151 | 1,117 | 1,082 | 1,044 | 1,011 | 969 | 908 | 883 | 850 | 824 | 820 | 803 | 793 | 784 | 775 | 765 | 757 | 746 |
S&GA Expenses | 0.3% | 23.00 | 23.00 | 24.00 | 22.00 | 22.00 | 22.00 | 24.00 | 23.00 | 22.00 | 20.00 | 17.00 | 17.00 | 16.00 | 16.00 | 16.00 | 15.00 | 14.00 | 13.00 | 13.00 | 12.00 | 12.00 |
EBITDA | -100.0% | - | 620 | 614 | 603 | 597 | 593 | 569 | 553 | 524 | 498 | 494 | 488 | 498 | 496 | 544 | - | - | - | - | - | - |
EBITDA Margin | -100.0% | - | 0.43* | 0.42* | 0.42* | 0.43* | 0.44* | 0.45* | 0.45* | 0.45* | 0.45* | 0.45* | 0.45* | 0.47* | 0.47* | 0.52* | - | - | - | - | - | - |
Interest Expenses | 4.2% | 127 | 122 | 117 | 113 | 111 | 110 | 109 | 106 | 104 | 103 | 103 | 104 | 104 | 104 | 104 | 104 | 105 | 106 | 105 | 104 | 103 |
Earnings Before Taxes | 0.6% | 296 | 295 | 295 | 287 | 291 | 291 | 272 | 270 | 249 | 234 | 236 | 228 | 241 | 239 | 287 | 282 | 276 | 277 | 221 | 216 | 212 |
EBT Margin | -100.0% | - | 0.20* | 0.20* | 0.20* | 0.21* | 0.22* | 0.21* | 0.22* | 0.21* | 0.21* | 0.22* | 0.21* | 0.23* | 0.23* | 0.28* | - | - | - | - | - | - |
Net Income | 0.5% | 300 | 298 | 299 | 291 | 295 | 294 | 276 | 276 | 255 | 240 | 241 | 228 | 243 | 243 | 293 | 288 | 276 | 273 | 213 | 207 | 200 |
Net Income Margin | -100.0% | - | 0.20* | 0.21* | 0.20* | 0.21* | 0.22* | 0.22* | 0.23* | 0.22* | 0.22* | 0.22* | 0.21* | 0.23* | 0.23* | 0.28* | - | - | - | - | - | - |
Free Cashflow | -100.0% | - | 616 | 599 | 629 | 621 | 599 | 595 | 559 | 557 | 509 | 467 | 455 | 438 | 446 | 444 | - | - | - | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Assets | 1.2% | 5,586 | 5,519 | 5,493 | 5,405 | 5,400 | 5,265 | 5,308 | 4,982 | 4,824 | 4,786 | 4,419 | 4,260 | 4,268 | 4,212 | 4,151 | 4,137 | 4,014 | 4,009 | 3,926 | 3,855 | 3,700 |
Cash Equivalents | -8.3% | 28.00 | 31.00 | 22.00 | 31.00 | 42.00 | 38.00 | 123 | 40.00 | 45.00 | 92.00 | 24.00 | 114 | 120 | 97.00 | 29.00 | 42.00 | 90.00 | 144 | 69.00 | 121 | 54.00 |
Liabilities | 1.9% | 4,083 | 4,006 | 3,975 | 3,886 | 3,878 | 3,734 | 3,822 | 3,673 | 3,522 | 3,481 | 3,114 | 2,961 | 2,961 | 2,892 | 2,829 | 2,818 | 2,707 | 2,752 | 2,732 | 2,665 | 2,598 |
Shareholder's Equity | -5.4% | 1,432 | 1,513 | 1,445 | 1,447 | 1,522 | 1,530 | 1,486 | 1,309 | 1,302 | 1,304 | 1,305 | 1,299 | 1,307 | 1,321 | 1,322 | 1,320 | 1,307 | 1,257 | 1,193 | 1,191 | 1,102 |
Additional Paid-In Capital | 0.5% | 1,638 | 1,630 | 1,629 | 1,626 | 1,623 | 1,619 | 1,593 | 1,428 | 1,424 | 1,412 | 1,411 | 1,408 | 1,406 | 1,403 | 1,403 | 1,400 | 1,398 | 1,332 | 1,328 | 1,326 | 1,248 |
Shares Outstanding | 0.0% | 186 | 186 | 186 | 186 | 186 | 186 | 186 | 183 | 182 | 182 | 182 | 182 | 182 | 182 | 182 | 182 | 180 | 180 | 180 | 178 | 177 |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | -11.0% | 439 | 493 | 476 | 543 | 484 | 513 | 509 | 510 | 508 | 460 | 417 | 455 | 438 | 446 | 444 | 439 | 429 | 420 | 414 | 399 | 395 |
Share Based Compensation | 43.4% | 20.00 | 14.00 | 9.00 | 9.00 | 8.00 | 8.00 | 13.00 | 11.00 | 11.00 | 11.00 | 12.00 | 12.00 | 12.00 | 11.00 | 10.00 | 10.00 | 11.00 | 11.00 | 10.00 | 10.00 | 10.00 |
Cashflow From Investing | 23.7% | -304 | -398 | -402 | -549 | -604 | -581 | -828 | -917 | -770 | -702 | -401 | -236 | -382 | -415 | -352 | -431 | -351 | -334 | -398 | -412 | -357 |
Cashflow From Financing | -46.5% | -148 | -101 | -174 | -3.64 | 118 | 16.00 | 419 | 334 | 188 | 238 | -20.96 | -146 | -26.03 | -78.25 | -131 | -86.37 | -40.80 | -23.62 | 17.00 | 52.00 | -56.71 |
Dividend Payments | 2.3% | 312 | 305 | 296 | 286 | 277 | 267 | 262 | 258 | 253 | 250 | 243 | 236 | 230 | 222 | 216 | 210 | 203 | 196 | 190 | 184 | 177 |
Buy Backs | -100.0% | - | 8.00 | 3.00 | - | - | 14.00 | 3.00 | - | - | 11.00 | 4.00 | - | - | 16.00 | 0.00 | - | - | 0.00 | 3.00 | - | - |
Consolidated Statements of Income and Comprehensive Income - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
Revenues: | ||||
Rental income | $ 288,655 | $ 275,330 | $ 585,106 | $ 560,395 |
Other income | 17,911 | 14,195 | 35,625 | 27,736 |
Interest income | 2,259 | 1,722 | 4,347 | 3,481 |
Income from other investments, net | 2,473 | 2,617 | 4,564 | 4,521 |
Total revenues | 370,014 | 365,305 | 739,966 | 725,507 |
Expenses: | ||||
Property operating and maintenance | 122,214 | 114,307 | 234,697 | 218,299 |
Real estate taxes | 18,832 | 19,182 | 37,148 | 38,639 |
Membership sales and marketing | 5,521 | 5,452 | 10,359 | 9,783 |
Depreciation and amortization | 51,464 | 50,796 | 101,966 | 100,190 |
Home selling expenses and ancillary operating expenses | 7,170 | 7,584 | 14,094 | 14,066 |
General and administrative | 16,607 | 11,679 | 28,268 | 23,750 |
Casualty-related charges/(recoveries), net | 0 | 0 | 0 | 0 |
Other expenses | 1,381 | 4,205 | 2,849 | 5,251 |
Early debt retirement | 0 | 640 | 0 | 1,156 |
Interest and related amortization | 33,122 | 28,053 | 65,710 | 55,517 |
Total expenses | 304,938 | 301,968 | 586,323 | 575,291 |
Loss on sale of real estate and impairment, net | 0 | 0 | (2,632) | 0 |
Income before equity in income of unconsolidated joint ventures | 65,076 | 63,337 | 151,011 | 150,216 |
Equity in income of unconsolidated joint ventures | 973 | 1,253 | 1,497 | 1,424 |
Consolidated net income | 66,049 | 64,590 | 152,508 | 151,640 |
Income allocated to non-controlling interests – Common OP Units | (3,121) | (3,073) | (7,209) | (7,217) |
Redeemable perpetual preferred stock dividends | (8) | (8) | (8) | (8) |
Net income available for Common Stockholders | 62,920 | 61,509 | 145,291 | 144,415 |
Other comprehensive income (loss): | ||||
Adjustment for fair market value of swap | 2,186 | 2,793 | (1,792) | 12,717 |
Consolidated comprehensive income | 68,235 | 67,383 | 150,716 | 164,357 |
Comprehensive income allocated to non-controlling interests – Common OP Units | (3,225) | (3,207) | (7,124) | (7,823) |
Comprehensive income attributable to Common Stockholders | $ 65,002 | $ 64,168 | $ 143,584 | $ 156,526 |
Earnings per Common Share – Basic (in usd per share) | $ 0.34 | $ 0.33 | $ 0.78 | $ 0.78 |
Earnings per Common Share – Fully Diluted (in usd per share) | $ 0.34 | $ 0.33 | $ 0.78 | $ 0.78 |
Weighted average common shares outstanding – basic (in shares) | 186,023 | 185,767 | 185,962 | 185,729 |
Weighted average common shares outstanding – fully diluted (in shares) | 195,430 | 195,227 | 195,388 | 195,253 |
Annual membership subscriptions | ||||
Revenues: | ||||
Contract revenue | $ 16,189 | $ 15,592 | $ 32,159 | $ 30,749 |
Membership upgrade sales | ||||
Revenues: | ||||
Contract revenue | 3,614 | 3,168 | 7,119 | 6,235 |
Home sales, brokered resales and ancillary services | ||||
Revenues: | ||||
Contract revenue | 38,913 | 52,681 | 71,046 | 92,390 |
Expenses: | ||||
Cost of services | 29,268 | 40,971 | 52,409 | 71,670 |
Property management | ||||
Expenses: | ||||
Cost of services | $ 19,359 | $ 19,099 | $ 38,823 | $ 36,970 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Jun. 30, 2023 | Dec. 31, 2022 |
---|---|---|
Investment in real estate: | ||
Land | $ 2,088,511 | $ 2,084,532 |
Land improvements | 4,237,327 | 4,115,439 |
Buildings and other depreciable property | 1,223,492 | 1,169,590 |
Investment in real estate | 7,549,330 | 7,369,561 |
Accumulated depreciation | (2,355,031) | (2,258,540) |
Net investment in real estate | 5,194,299 | 5,111,021 |
Cash and restricted cash | 28,107 | 22,347 |
Notes receivable, net | 47,375 | 45,356 |
Investment in unconsolidated joint ventures | 82,423 | 81,404 |
Deferred commission expense | 51,978 | 50,441 |
Other assets, net | 181,805 | 181,950 |
Total Assets | 5,585,987 | 5,492,519 |
Liabilities: | ||
Mortgage notes payable, net | 2,748,807 | 2,693,167 |
Term loan, net | 497,195 | 496,817 |
Unsecured line of credit | 205,000 | 198,000 |
Accounts payable and other liabilities | 172,851 | 175,148 |
Deferred membership revenue | 210,242 | 197,743 |
Accrued interest payable | 12,305 | 11,739 |
Rents and other customer payments received in advance and security deposits | 148,989 | 122,318 |
Distributions payable | 87,486 | 80,102 |
Total Liabilities | 4,082,875 | 3,975,034 |
Stockholders' Equity: | ||
Preferred stock, $0.01 par value, 10,000,000 shares authorized as of June 30, 2023 and December 31, 2022; none issued and outstanding. | 0 | 0 |
Common stock, $0.01 par value, 600,000,000 shares authorized as of June 30, 2023 and December 31, 2022; 186,273,876 and 186,120,298 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively. | 1,916 | 1,916 |
Paid-in capital | 1,638,354 | 1,628,618 |
Distributions in excess of accumulated earnings | (225,640) | (204,248) |
Accumulated other comprehensive income | 17,327 | 19,119 |
Total Stockholders’ Equity | 1,431,957 | 1,445,405 |
Non-controlling interests – Common OP Units | 71,155 | 72,080 |
Total Equity | 1,503,112 | 1,517,485 |
Total Liabilities and Equity | $ 5,585,987 | $ 5,492,519 |