As stocksdaily tells MHProNews, Zacks utilizes an average broker recommendation (ABR) rating system to simplify the buy, sell, hold ratings used by researchers in weighing stocks. On a rating system of 1 to 5, 1 represents a strong buy and 5 a strong sell. Zacks current ABR for ELS is 1.5.
For the current quarter, analysts are predicting earnings of $0.76 per share for ELS.
ELS owns and operates over 340 manufactured home and recreational vehicle communities comprised of more than 143,000 home sites across the U. S. and Canada. ##
(Image credit: Equity LifeStyle Properties)