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Elme Communities (ELME)
NYSE:ELME
ELME Stock Chart & Stats
Day’s Range― - ―
52-Week Range$13.95 - $18.49
Previous CloseN/A
Volume161.96K
Average Volume (3M)1.11M
Market Cap
$1.47B
Enterprise Value$2.09B
Total Cash (Recent Filing)$6.40M
Total Debt (Recent Filing)$705.06M
Price to Earnings (P/E)―
Beta0.63
Next Earnings
Oct 23, 2025EPS Estimate
-0.03Next Dividend Ex-Date
Sep 17, 2025Dividend Yield4.31%
Share Statistics
EPS (TTM)-0.04
Shares Outstanding88,161,064
10 Day Avg. Volume2,040,712
30 Day Avg. Volume1,110,310
Financial Highlights & Ratios
PEG Ratio1.36
Price to Book (P/B)1.24
Price to Sales (P/S)5.55
P/FCF Ratio14.10
Enterprise Value/Market Cap1.42
Enterprise Value/Revenue8.58
Enterprise Value/Gross Profit15.10
Enterprise Value/Ebitda17.72
Forecast
1Y Price Target
$17.25Price Target Upside3.36% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
Bulls Say, Bears Say
Bulls Say
Market StrengthELME's apartment portfolio is 84% based in D.C Metro which is one of the strongest performing markets in the country.
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
Management PressureThe announcement could increase pressure on management to pursue a sale, potentially closing off other strategic avenues.
Office Asset ConcernELME has one remaining office asset that currently generates 9% of their NOI.
Revenue Growth PressureAtlanta has been underperforming due to elevated bad debt and supply that has been putting pressure on same store revenue growth.
Elme Communities News
ELME FAQ
What was Elme Communities’s price range in the past 12 months?
Elme Communities lowest stock price was $13.95 and its highest was $18.49 in the past 12 months.
What is Elme Communities’s market cap?
Elme Communities’s market cap is $1.47B.
When is Elme Communities’s upcoming earnings report date?
Elme Communities’s upcoming earnings report date is Oct 23, 2025 which is in 66 days.
How were Elme Communities’s earnings last quarter?
Elme Communities released its earnings results on Aug 05, 2025. The company reported -$0.04 earnings per share for the quarter, missing the consensus estimate of -$0.037 by -$0.003.
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 $0.18 which represents an annual dividend yield of 4.31%. 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 88,161,064 shares outstanding.
What happened to Elme Communities’s price movement after its last earnings report?
Elme Communities reported an EPS of -$0.04 in its last earnings report, missing expectations of -$0.037. Following the earnings report the stock price went down -0.915%.
Which hedge fund is a major shareholder of Elme Communities?
Currently, no hedge funds are holding shares in ELME
Elme Communities Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$17.25 (3.36% Upside)
$17.25 (3.36% Upside)
Blogger Sentiment
Bullish
ELME Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 80.5K Shares
Last Quarter.
Last Quarter.
News Sentiment
Neutral
Bullish news 59%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
1.70%
12-Months-Change
Fundamentals
Return on Equity
-1.31%
Trailing 12-Months
Asset Growth
-2.75%
Trailing 12-Months
Company Description
Elme Communities
Elme Communities (ELME) is a real estate investment trust (REIT) that focuses on the ownership, operation, and development of multifamily residential communities primarily in the Mid-Atlantic region of the United States. The company aims to provide high-quality living spaces through a diverse portfolio of apartment communities, catering to the housing needs of a growing population. Elme Communities emphasizes sustainable practices and community engagement, enhancing the living experience for residents and contributing to the overall value of its properties.
ELME Earnings Call
Q2 2025
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call reflects a strategic pivot towards maximizing shareholder value through asset sales, achieving a notable agreement with Cortland and promising significant distributions to shareholders. However, challenges in reducing the cost of capital and uncertainties in the market environment, along with a protracted timeline for asset sales, present notable concerns.View all ELME earnings summariesELME Stock 12 Month Forecast
Average Price Target
$17.25
▲(3.36% Upside)
Technical Analysis
Piedmont Office
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Brandywine Realty
―
Paramount Group
―
Easterly Government Properties
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JBG Smith Properties
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Ownership Overview
1.38% Insiders
28.80% Mutual Funds
0.06% Other Institutional Investors
36.81% Public Companies and
Individual Investors