The stock of manufactured home community owner Equity LifeStyle Properties, Inc. (NYSE:ELS) has been on an upward tear recently, generating strong attention from investors and analysts as it marks a return on investment (ROI) of 8.40 percent, reaching $82.88 on a recent bid. (ROI is determined by dividing the return of the investment by the cost of the investment.)
This year alone the stock has gained 24.81 percent, 1.74 percent of it the past week, and is up 46.63 percent for the past year, according to presstelegraph. On Tue., March 31, 2015 ELS closed at $54.95 as MHProNews reported in the daily stock report.
ELS’ earnings per share (EPS) so far this year is 8.90 percent with a trailing 12-month EPS of 1.85 percent. On a consensus basis, analysts are estimating growth for next year to be 10.34 percent.
ELS is the largest owner of manufactured home (MH) and recreational vehicle (RV) communities in North America with 390 communities in 32 states and British Columbia, Canada comprised of 145,804 developed sites. ##
(Photo credit:MHVillage-ELS’ California Hawaiian MHC, San Jose, CA)
Article submitted by Matthew J Silver to Daily Business News-MHProNews.