Equity Lifestyle Properties Files 8-K
Ticker: ELS · Form: 8-K · Filed: Jan 28, 2025 · CIK: 895417
| Field | Detail |
|---|---|
| Company | Equity Lifestyle Properties Inc (ELS) |
| Form Type | 8-K |
| Filed Date | Jan 28, 2025 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.01, $2.06, $0.15, $1.91 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, financial-reporting, operations
TL;DR
ELP filed an 8-K on Jan 28th detailing Jan 24th operational and financial updates.
AI Summary
Equity Lifestyle Properties, Inc. filed an 8-K on January 28, 2025, reporting on events that occurred on January 24, 2025. The filing pertains to their results of operations, financial condition, and other events, including financial statements and exhibits.
Why It Matters
This 8-K filing provides crucial updates on Equity Lifestyle Properties' financial performance and operational events, which can influence investor decisions.
Risk Assessment
Risk Level: low — This is a routine 8-K filing for reporting operational and financial information, not indicating any immediate significant risks.
Key Players & Entities
- EQUITY LIFESTYLE PROPERTIES INC (company) — Registrant
- 0000895417-25-000003 (filing_id) — Accession Number
- January 24, 2025 (date) — Earliest event reported
- January 28, 2025 (date) — Filing Date
- Two North Riverside Plaza, Chicago, Illinois 60606 (address) — Principal Executive Offices
FAQ
What specific financial results are being reported in this 8-K?
The filing indicates 'Results of Operations and Financial Condition' are being reported, but the specific details are within the attached financial statements and exhibits.
What are the 'Other Events' mentioned in the filing?
The filing lists 'Other Events' as a category, but the specific nature of these events is not detailed in the provided summary text.
When was the earliest event reported in this filing?
The earliest event reported in this filing occurred on January 24, 2025.
What is the company's principal executive office address?
The company's principal executive offices are located at Two North Riverside Plaza, Chicago, Illinois 60606.
What is the SEC file number for Equity Lifestyle Properties, Inc.?
The SEC file number for Equity Lifestyle Properties, Inc. is 001-11718.
Filing Stats: 1,146 words · 5 min read · ~4 pages · Grade level 13.8 · Accepted 2025-01-28 09:07:01
Key Financial Figures
- $0.01 — ange on which registered Common Stock, $0.01 Par Value ELS New York Stock Exchange
- $2.06 — ng the annual dividend rate for 2025 at $2.06 per share of common stock, an increase
- $0.15 — r share of common stock, an increase of $0.15 over the current $1.91 per share of com
- $1.91 — , an increase of $0.15 over the current $1.91 per share of common stock for 2024. Our
Filing Documents
- els-20250124.htm (8-K) — 32KB
- elsex9914q24.htm (EX-99.1) — 761KB
- elslogoa34.jpg (GRAPHIC) — 40KB
- 0000895417-25-000003.txt ( ) — 1018KB
- els-20250124.xsd (EX-101.SCH) — 2KB
- els-20250124_lab.xml (EX-101.LAB) — 21KB
- els-20250124_pre.xml (EX-101.PRE) — 12KB
- els-20250124_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition On January 27, 2025, Equity LifeStyle Properties, Inc. (referred to herein as "we," "us," and "our") issued a news release announcing our results of operations for the quarter and year ended December 31, 2024 and our first quarter and full year 2025 earnings guidance assumptions. The news release is furnished as Exhibit 99.1 to this report on Form 8-K. The news release was also posted on our website, www.equitylifestyleproperties.com, on January 27, 2025.
01 Other Events
Item 8.01 Other Events On January 27, 2025, our Board of Directors approved setting the annual dividend rate for 2025 at $2.06 per share of common stock, an increase of $0.15 over the current $1.91 per share of common stock for 2024. Our Board of Directors, in its sole discretion, will determine the amount of each quarterly dividend in advance of payment. On January 24, 2025, we issued a news release announcing the tax treatment of our 2024 common stock distributions, which was posted on our website, www.equitylifestyleproperties.com. In accordance with General Instruction B.2. of Form 8-K, the information included in Items 2.02 and 9.01 of this report on Form 8-K, including Exhibit 99.1, shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section, nor shall such information be deemed incorporated by reference in any registration statement filed by us under the Securities Act of 1933, as amended. This report includes certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. When used, words such as "anticipate," "expect," "believe," "project," "estimate," "guidance," "intend," "may be" and "will be" and similar words or phrases, or the negative thereof, unless the context requires otherwise, are intended to identify forward-looking statements and may include, without limitation, information regarding our expectations, goals or intentions regarding the future, and the expected effect of our acquisitions. Forward-looking statements, including our guidance concerning Net Income, FFO and Normalized FFO per share data, and certain growth rates, by their nature, involve estimates, projections, goals, forecasts and assumptions and are subject to risks and uncertainties that could cause actual results or outcomes to differ materially from those expressed in a forward-looking statement due to a number of fa
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits The information contained in the attached exhibit is unaudited and should be read in conjunction with the Registrant's annual and quarterly reports filed with the Securities and Exchange Commission. 99.1 Equity LifeStyle Properties, Inc. press release dated January 27, 2025, "ELS Reports Fourth Quarter Results" 104 Cover Page Interactive Data File included as Exhibit 101 (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. EQUITY LIFESTYLE PROPERTIES, INC. Date: January 27, 2025 By: /s/ Paul Seavey Paul Seavey Executive Vice President and Chief Financial Officer