Revenue increased 5.9 percent over the same quarter last year when ELS posted EPS of $0.66, according to iramarketreport.
Currently, four equity research analysts have issued a hold rating on the stock and three a buy rating. The real estate investment trust (REIT) has a market cap of $5.67 billion and a P/E ratio of 45.48. The stock’s 52-week low is $51.79 and the 52-week high is $68.14.
As MHProNews knows, ELS has a controlling interest in over 370 manufactured home and recreational vehicle communities with almost 140,000 sites, located in 32 states and British Columbia, Canada.
In trading today, ELS closed down -2.08 percent at $65.87. ##
(Photo credit: ELS’ Colony Cove manufactured home community, Ellenton, Fla.)
