Business UpdateMay 27, 2026, 08:46 AM
Equity Lifestyle Properties 2026 Normalized FFO Guidance $3.17
AI Summary
Equity Lifestyle Properties Inc. released an investor presentation providing its 2026 full-year guidance and operational updates. The company projects a Normalized FFO per share midpoint of $3.17 and Core Property Operating Revenues growth of 4.5%. Operational updates for Q2 2026 indicate Core MH base rental income and Core RV and marina base rental income are in line with expectations of 5.6% and 2.0% growth, respectively. The company also announced a 5.3% increase in its 2026 annual dividend rate to $2.17 per share, highlighting its strong portfolio and financial stability.
Key Highlights
- 2026 Normalized FFO/share guidance midpoint: $3.17.
- 2026 Core Property Operating Revenues growth guidance: 4.5%.
- 2026 Core Income from Property Operations growth guidance: 5.7%.
- Q2 2026 Core MH base rental income growth in line with 5.6%.
- Q2 2026 Core RV/marina base rental income growth in line with 2.0%.
- 2026 annual dividend rate set at $2.17/share, up 5.3%.
- Owns 453 properties with 173,419 sites as of March 31, 2026.
- 92% of revenue from stable annual sources; Debt/Adj. EBITDAre 4.5x.
Price Impact
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