ELS
Equity LifeStyle Properties, Inc. Real Estate - Manufactured Housing Investor Relations →
Equity LifeStyle Properties, Inc. (ELS) closed at $65.07 as of 2026-07-31, trading 5.4% above its 200-week moving average of $61.76. The stock is currently moving closer to the line, down from 7.0% last week. The 14-week RSI sits at 55, indicating neutral momentum.
Trading volume is running at 1.4x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.97 ratio) is neutral — neither side is clearly dominating.
Over the past 1696 weeks of data, ELS has crossed below its 200-week moving average 18 times. On average, these episodes lasted 13 weeks. Historically, investors who bought ELS at the start of these episodes saw an average one-year return of +2.1%.
With a market cap of $13.0 billion, ELS is a large-cap stock. The company generates a free cash flow yield of 4.6%. Return on equity stands at 22.9%, indicating strong profitability. The stock trades at 7.2x book value.
Share count has increased 4.1% over three years, indicating dilution.
Over the past 32.6 years, a hypothetical investment of $100 in ELS would have grown to $4490, compared to $2754 for the S&P 500. That represents an annualized return of 12.4% vs 10.7% for the index — confirming ELS as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 13.8% compound annual rate, with 4 consecutive years of positive cash generation.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: ELS vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After ELS Crosses Below the Line?
Across 17 historical episodes, buying ELS when it crossed below its 200-week moving average produced an average return of +1.9% after 12 months (median -1.0%), compared to +13.8% for the S&P 500 over the same periods. 40% of those episodes were profitable after one year. After 24 months, the average return was +19.7% vs +35.4% for the index.
Each line shows $100 invested at the moment ELS crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Bean Score Experimental
The Bean Score measures how far a stock's free cash flow yield has deviated from its own quarterly baseline, normalized by the stock's historical behavior. Between earnings dates, FCF is constant — so the score is purely a function of stock price. The levels below show at what prices ELS would reach each dislocation threshold.
Dislocation Price Levels
Prices where ELS's Bean Score would hit each σ threshold. Valid until next earnings report (date TBD — last report: 2026-03-31).
| Level | σ | Price | Signal |
|---|---|---|---|
| Deep Value | +2σ | $59.24 | Unusually cheap — potential buy zone |
| Value | +1σ | $62.47 | Cheap vs. own history |
| Fair Value | +0σ | $66.07 | Historical mean behavior |
| Expensive | -1σ | $70.11 | Expensive vs. own history |
| Deep Expensive | -2σ | $74.68 | Unusually expensive — potential trim zone |
Quarterly FCF & Yield Trailing twelve-month free cash flow and yield at each quarter end
Signal Accuracy Collecting Data
The Bean Score system is accumulating weekly data to validate signal accuracy. After 13+ weeks of history, this section will display win rates and average returns for each σ threshold crossing — answering the question: "When this score says cheap or expensive, does the price subsequently move in the expected direction?"
Theoretical framework — not backtested or forward-tested. The Bean Score uses trailing twelve-month free cash flow yield as a dislocation identifier. It measures whether the market has pushed a stock's yield unusually far from its own baseline behavior. These levels are reference points for identifying potential swing trade opportunities, not buy/sell signals. FCF values update quarterly with earnings; between reports, all movement is price-driven.
Dislocation Scores Experimental
Each score measures deviation from ELS's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. They are starting points for research, not buy or sell signals. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
Historical Touches
ELS has crossed below its 200-week MA 18 times with an average 1-year return of +2.1% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Oct 1994 | Dec 1994 | 9 | 11.4% | -9.2% | +4872.6% |
| Jan 1995 | Nov 1995 | 44 | 19.8% | +3.7% | +4964.6% |
| Dec 1995 | Dec 1995 | 1 | 2.7% | +41.5% | +5169.2% |
| Dec 2007 | Jan 2008 | 3 | 4.2% | -11.5% | +869.7% |
| Jun 2008 | Jul 2008 | 3 | 2.7% | -16.5% | +839.1% |
| Sep 2008 | Oct 2009 | 53 | 40.7% | -5.2% | +806.4% |
| Sep 2022 | Jan 2023 | 15 | 11.1% | +4.2% | +15.9% |
| Mar 2023 | Mar 2023 | 3 | 5.0% | +7.8% | +13.9% |
| Apr 2023 | Apr 2023 | 1 | 4.3% | -1.6% | +12.7% |
| May 2023 | Jul 2023 | 8 | 4.7% | +2.1% | +10.4% |
| Aug 2023 | Nov 2023 | 13 | 4.1% | +8.4% | +6.9% |
| Feb 2024 | Feb 2024 | 1 | 0.7% | +1.7% | +6.4% |
| Mar 2024 | Jul 2024 | 18 | 9.0% | +5.9% | +5.7% |
| Dec 2024 | Feb 2025 | 10 | 4.0% | -5.0% | +3.5% |
| Mar 2025 | Jan 2026 | 44 | 9.0% | +4.7% | +2.1% |
| Mar 2026 | Mar 2026 | 1 | 0.3% | N/A | +5.7% |
| May 2026 | Jun 2026 | 3 | 1.9% | N/A | +7.4% |
| Jun 2026 | Jun 2026 | 1 | 0.0% | N/A | +5.5% |
| Average | 13 | — | +2.1% | — |
Frequently Asked Questions
Is ELS below its 200-week moving average?
No. Equity LifeStyle Properties, Inc. (ELS) is currently 5.4% above its 200-week moving average of $61.76. It would need to fall to $61.76 to cross below the line.
What is ELS's 200-week moving average price?
Equity LifeStyle Properties, Inc.'s 200-week moving average is $61.76 as of 2026-07-31. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when ELS drops below its 200-week moving average?
ELS has crossed below its 200-week moving average 18 times in our data. On average, buying at that moment produced a one-year return of +2.1%. These dips have historically been decent entry points. These episodes lasted 13 weeks on average.
Is ELS a good value right now?
Here's what our data says about ELS as of 2026-07-31: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 55. Free cash flow yield is 4.6%. Return on equity is 22.9%. Price-to-book is 7.2x. This is not a buy or sell recommendation — always do your own research.
How does ELS compare to the S&P 500?
Over the past 32.6 years, $100 invested in ELS would have grown to $4490, compared to $2754 for the S&P 500. That's 12.4% annualized vs 10.7% for the index. ELS has outperformed the broader market over this period.
Does ELS pay a dividend?
Yes. Equity LifeStyle Properties, Inc. currently pays a dividend yield of 331.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-07-31