Monitor marina slip restoration progress and second-quarter results for signs of recovery in RV and marina segments; the lowered full-year guidance suggests ongoing operational challenges in marina operations.
Price Chart
Executive Summary
Equity Lifestyle Properties reported Q1 2026 Normalized FFO of $0.84 per share, a 0.3% increase YoY and in line with guidance, but issued a bearish full-year guidance update due to a 0.5 percentage point reduction in RV and marina growth rate, primarily from marina slip restoration delays.
Key Financial Metrics
Key Facts
- Normalized FFO per share was $0.84, up 0.3% YoY
- Core MH base rental income grew 5.7% YoY
- Core RV and marina base rental income declined 1.4% YoY
- Full-year 2026 Core RV and marina base rental income growth guidance lowered from 2.9% to 2.4%
- Company attributes marina guidance reduction to delays in slip restoration
Financial Impact
Normalized FFO beat by $0.39, but full-year guidance reduced
Risk Factors
- Marina business delays impacting full-year guidance
- Core RV and marina base rental income decline
- Potential for further guidance reductions if restoration delays persist
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001628280-26-026407 |
| Document: els-20260421.htm | 0001628280-26-026407 |
| Document: 0001628280-26-026407-index-headers.html | 0001628280-26-026407 |
| Document: 0001628280-26-026407-index.html | 0001628280-26-026407 |
| Document: 0001628280-26-026407.txt | 0001628280-26-026407 |
| 8-K Data (Synthetic) | 0001628280-26-026407 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 10, 2026 22d ago | 8-K | $60.30 $61.10 | ▲ +1.33% | ▲ +1.83% | $58.27 (−3.37%) |
Aug 11, 2026 7w ago | Institutional Cluster | $63.97 $65.52 | ▲ +2.43% | ▲ +2.87% | $58.27 (−8.91%) |
Jul 28, 2026 9w ago | Press Release | $67.65 $65.00 | ▼ −3.92% | ▼ −9.45% | $58.27 (−13.87%) |
Jul 22, 2026 10w ago | Press Release | $66.03 $65.53 | ▼ −0.76% | ▼ −1.23% | $58.27 (−11.75%) |
Jul 13, 2026 11w ago | Press Release | $64.08 $65.26 | ▲ +1.84% | ▲ +3.14% | $58.27 (−9.07%) |
May 27, 2026 18w ago | 8-K | $62.21 $61.51 | ▼ −1.13% | ▼ −1.59% | $58.27 (−6.34%) |
Apr 29, 2026 22w ago | 8-K | $63.12 $63.14 | ▲ +0.03% | ▼ −1.70% | $58.27 (−7.69%) |
Apr 22, 2026 23w ago | 8-K | $62.67 $62.74 | ▼ −0.11% | ▼ −0.05% | $58.27 (+7.03%) |
Mar 17, 2026 28w ago | DEFA14A | $66.15 $62.87 | ▼ −4.96% | ▼ −4.24% | $58.27 (−11.92%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access