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Elme Communities (ELME)
:ELME
ELME Stock Chart & Stats
Day’s Range― - ―
52-Week Range$12.74 - $18.49
Previous CloseN/A
Volume161.96K
Average Volume (3M)639.98K
Market Cap
$1.50B
Enterprise Value$2.23B
Total Cash (Recent Filing)$6.14M
Total Debt (Recent Filing)$698.95M
Price to Earnings (P/E)―
Beta0.72
Next Earnings
Apr 23, 2025EPS Estimate
-0.03Next Dividend Ex-Date
Mar 19, 2025Dividend Yield4.21%
Share Statistics
EPS (TTM)-0.15
Shares Outstanding88,029,290
10 Day Avg. Volume997,697
30 Day Avg. Volume639,984
Standard Deviation0.08
R-Squared0.38
Alpha-0.02
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)6.28
Price to Cash Flow (P/CF)18.20
P/FCF Ratio43.10
Enterprise Value/Market Cap1.48
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit15.45
Enterprise Value/Ebitda30.91
Forecast
1Y Price Target
$18.50Price Target Upside6.38% Upside
Rating ConsensusHold
Number of Analyst Covering4
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Elme Communities News
PremiumCompany Announcements
Elme Communities’ Earnings Call Reveals Strategic Growth and Challenges
PremiumCompany Announcements
Elme Communities Reports 2024 Financial Results and Strategic Review
PremiumCompany Announcements
Elme Communities Shifts Focus Amid Financial Review
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Bulls Say, Bears Say
Bulls Say
Market StrengthThe Washington DC metro area, which makes up the bulk of ELME's portfolio, has remained one of the most durable markets in the sector.
Operational ImprovementsELME is in the process of making operational improvements through 2024 and 2025 that should provide $3.4 - $3.8 million in FFO upside.
Strategic ReviewThe announcement of a strategic review could be a long-term positive for shareholders.
Bears Say
Analyst StanceThe company has a lot of work to get done and analysts remain sidelined.
Geographic PerformanceAtlanta has been underperforming due to elevated bad debt and supply that has been putting pressure on same store revenue growth.
Management PressureThe announcement could increase pressure on management to pursue a sale, potentially closing off other strategic avenues.
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Ownership Overview
1.20% Insiders
30.38% Mutual Funds
7.47% Other Institutional Investors
28.80% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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ELME FAQ
What was Elme Communities’s price range in the past 12 months?
Elme Communities lowest stock price was $12.74 and its highest was $18.49 in the past 12 months.
What is Elme Communities’s market cap?
Elme Communities’s market cap is $1.50B.
When is Elme Communities’s upcoming earnings report date?
Elme Communities’s upcoming earnings report date is Apr 23, 2025 which is in 52 days.
How were Elme Communities’s earnings last quarter?
Elme Communities released its earnings results on Feb 13, 2025. The company reported -$0.03 earnings per share for the quarter, the consensus estimate of -$0.03 by $0.
Is Elme Communities overvalued?
According to Wall Street analysts Elme Communities’s price is currently Undervalued.
Does Elme Communities pay dividends?
Elme Communities pays a Quarterly dividend of $0.72 which represents an annual dividend yield of 4.21%. See more information on Elme Communities dividends here
What is Elme Communities’s EPS estimate?
Elme Communities’s EPS estimate is -0.03.
How many shares outstanding does Elme Communities have?
Elme Communities has 88,029,290 shares outstanding.
What happened to Elme Communities’s price movement after its last earnings report?
Elme Communities reported an EPS of -$0.03 in its last earnings report, expectations of -$0.03. Following the earnings report the stock price went up 11.233%.
Which hedge fund is a major shareholder of Elme Communities?
Currently, no hedge funds are holding shares in ELME
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Elme Communities Stock Smart Score
Neutral
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10
Analyst Consensus
Hold
Average Price Target:
$18.50 (6.38% Upside)
$18.50 (6.38% Upside)
Blogger Sentiment
Neutral
ELME Sentiment 50%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 50.4K Shares
Last Quarter.
Last Quarter.
News Sentiment
Neutral
Bullish news 59%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
41.77%
12-Months-Change
Fundamentals
Return on Equity
-1.17%
Trailing 12-Months
Asset Growth
-2.86%
Trailing 12-Months
Company Description
Elme Communities
Washington Real Estate Investment Trust engages in the ownership and operation of income-producing real estate properties. It operates through the following segments: Office and Multifamily. The Office segment provides office space for various types of businesses and professions. The Multifamily segment provides rental housing for individuals and families throughout Washington metro region. The company was founded by Arthur A. Birney and Benjamin H. Dorsey in 1960 and is headquartered in Washington, DC.
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ELME Company Deck
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ELME Earnings Call
Q4 2025
0:00 / 0:00
Earnings Call Sentiment|Positive
Elme Communities demonstrated strong operational and financial performance in 2024, with positive growth initiatives and a strong market position in the Washington Metro area. However, challenges remain with stock trading at a discount, potential impacts from federal government changes, and specific market challenges in Atlanta and Watergate 600. Overall, the positive aspects slightly outweigh the challenges.Read More>---
ELME Stock 12 Month Forecast
Average Price Target
$18.50
▲(6.38% Upside)
Technical Analysis
AvalonBay
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Equity Residential
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Mid-America Apartment
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Essex Property
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Camden Property
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Best Analysts Covering ELME
1 Year
1 Year Success Rate
2/2 ratings generated profit
1 Year Average Return
+9.10%
reiterated a buy rating 17 days ago
Copying Michael Lewis's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +9.10% per trade.
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