Elme Communities (ELME)
$
16.01
+0.07 (0.44%)
Key metrics
Financial statements
Free cash flow per share
0.9343
Market cap
1.4 Billion
Price to sales ratio
5.7865
Debt to equity
0.6633
Current ratio
0.0091
Income quality
-6.3833
Average inventory
0
ROE
-0.0130
Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
Elme Communities owns and operates uniquely positioned real estate assets in the Washington Metro area. The net income ratio is -0.05 reflecting the company's profitability margin, while the operating income ratio is 0.10 indicating the company's operational profitability margin. Additionally, the gross profit stands at $144,373,000.00 highlighting the company's profitability from core operations. With a portfolio encompassing 45 properties, including 22 multifamily properties, 15 office properties, and 8 retail centers, the company's holdings total approximately 3.7 million square feet of commercial space and 6,863 multifamily apartment units. The weighted average number of diluted shares outstanding is 87,920,000.00 reflecting potential dilution effects. The earnings per share (EPS) is reported at -$0.15 indicating the company's profitability on a per-share basis. Backed by decades of experience, expertise, and ambition, Elme Communities creates value by transforming insights into strategy and executing that strategy into tangible results. As one of the trusted authorities in a competitive real estate market, the company continues to drive returns and deliver satisfaction. The stock is affordable at $16.01 suitable for budget-conscious investors, and has an average trading volume of 636,609.00 indicating moderate liquidity. With a market capitalization of $1,411,419,186.00 the company is classified as a small-cap player, positioning it strategically within the marketplace. Elme Communities is a key player in the REIT - Office industry, contributing significantly to the overall market landscape, and it belongs to the Real Estate sector, driving innovation and growth. The company's strategic initiatives and portfolio diversification enhance its influence and capabilities, emphasizing its commitment to remaining a competitive force in the real estate sector.
Is Elme Communities (ELME) a good investment?
Investing in Elme Communities (ELME) depends on multiple factors, including revenue growth, profit margins, debt-to-equity ratio, earnings per share, and return on equity. Analysts have rated it as C, with a Bullish outlook. Always conduct your own research before investing.
What is Elme Communities (ELME)'s stock forecast?
Analysts predict Elme Communities stock to fluctuate between $13.95 (low) and $18.49 (high) in the next 365 days, reflecting market expectations and potential volatility.
What is Elme Communities's market capitalization?
As of 2025-05-29, Elme Communities's market cap is $1,411,419,186, based on 88,158,600 outstanding shares.
How does Elme Communities compare to competitors like Meta Platforms, Inc. Class A Common Stock?
Compared to Meta Platforms, Inc. Class A Common Stock, Elme Communities has a Lower Market-Cap, indicating a difference in performance.
Does Elme Communities pay dividends?
Elme Communities pays dividends. The current dividend yield is 4.50%, with a payout of $0.18 per share.
How can I buy Elme Communities (ELME) stock?
To buy Elme Communities (ELME) stock: Open a brokerage account (e.g., Robinhood, TD Ameritrade, E-Trade). Search for ELME. Place an order (Market, Limit, etc.).
What is the best time to invest in Elme Communities?
The best time to invest depends on market trends and technical indicators, which show a Bullish trend based on economic conditions and company performance.
Has Elme Communities stock ever split?
Elme Communities's last stock split was 3:2 on 1992-06-01.
How did Elme Communities perform in the last earnings report?
Revenue: $241,935,000 | EPS: -$0.15 | Growth: -75.41%.
Where can I find Elme Communities's investor relations reports?
Visit https://www.elmecommunities.com/investor-relations for detailed financial reports.
Where can I find historical stock prices for Elme Communities?
You can explore historical data from here
What is the all-time high and low for Elme Communities stock?
All-time high: $20.24 (2022-12-01) | All-time low: $12.44 (2023-11-01).
What are the key trends affecting Elme Communities stock?
Key trends include market demand, economic conditions, interest rates, and industry competition, which influence the stock's performance.
News
seekingalpha.com
a month ago
Elme Communities (NYSE:ELME ) Q1 2025 Earnings Conference Call May 2, 2025 10:00 AM ET Company Participants Amy Hopkins - VP, IR Paul McDermott - CEO Tiffany Butcher - COO Steve Freishtat - CFO Conference Call Participants Cooper Clark - Wells Fargo Operator Good day, and welcome to the Elme Communities' First Quarter 2025 Earnings Conference Call. As a reminder, today's call is being recorded.
zacks.com
a month ago
Elme (ELME) came out with quarterly funds from operations (FFO) of $0.24 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to FFO of $0.23 per share a year ago.
globenewswire.com
a month ago
Strong Same-store NOI and Occupancy Growth Operating Initiatives Driving Higher Fee Income Solid Rental Rate Growth BETHESDA, Md., May 01, 2025 (GLOBE NEWSWIRE) -- Elme Communities (the “Company” or “Elme”) (NYSE: ELME), a multifamily REIT, reported financial and operating results today for the quarter ended March 31, 2025: Financial Results Three months ended March 31, 2025 2024 Net loss per diluted share $ (0.05 ) $ (0.04 ) Core FFO per diluted share 0.24 0.23 Operational Highlights Same-store multifamily NOI increased by 5.5% compared to the prior year quarter Same-store Average Effective Monthly Rent Per Home increased 1.7% compared to the prior year quarter Effective blended Lease Rate Growth was 1.9% for our Same-Store Portfolio during the quarter, comprised of effective new Lease Rate Growth of (2.0)% and effective renewal Lease Rate Growth of 5.0% Retention was 62% during the quarter, in line with expectations Same-store multifamily Average Occupancy was 94.8% during the quarter, up 0.5% compared to the prior year quarter Balance Sheet Available liquidity was $324 million as of March 31, 2025, consisting of availability under the Company's revolving credit facility and cash on hand Annualized first quarter Net Debt to Adjusted EBITDA ratio was 5.6x The Company has a strong balance sheet with only $125 million of debt maturing before 2028 and no secured debt “Our operating business delivered strong results this quarter, and demand trends across our portfolio remain solid as we head into our peak leasing season,” said Paul T.
globenewswire.com
2 months ago
BETHESDA, Md., April 07, 2025 (GLOBE NEWSWIRE) -- Elme Communities (the “Company” or “Elme”) (NYSE:ELME), a value-oriented multifamily owner and operator, will release first quarter earnings results after market close on Thursday, May 1, 2025. A conference call to discuss these results will be conducted on Friday, May 2, 2025, at 10:00 am ET. There will also be a webcast presentation with slides. Conference call and webcast access information is as follows:
seekingalpha.com
2 months ago
Despite federal workforce layoffs, Elme's limited exposure to federal jobs and strong portfolio fundamentals, including high occupancy and rent growth, support its stability. Management anticipates steady revenue and expense growth, with additional NOI expected from managed Wi-Fi initiatives and operational cost savings. Given current economic uncertainties and Elme's fair valuation, I recommend a 'Hold' on the stock until a more attractive entry point around a 15x P/FFO range.
globenewswire.com
2 months ago
BETHESDA, Md., March 19, 2025 (GLOBE NEWSWIRE) -- Elme Communities (the “Company”) (NYSE: ELME), a multifamily REIT with communities in the Washington, DC and the Atlanta metro areas, today announced the appointment of Ron D. Sturzenegger to its Board of Trustees (the “Board”), effective immediately. With Mr. Sturzenegger's appointment as an independent trustee, the Board is now comprised of eight trustees, seven of whom are independent.
seekingalpha.com
3 months ago
US equity markets flirted with fresh record-highs this week while benchmark interest rates hovered around two-month lows as investors weighed positive earnings news against uncomfortable hot inflation data. Complicating the policy outlook for the Federal Reserve, CPI data showed the fastest monthly rise in consumer prices since August, prompting a pledge from Powell for "more work to do." Snapping a two-week losing streak, the S&P 500 rebounded by 1.5%, closing fractionally below its prior record-high set in late January. The tech-heavy Nasdaq 100 rallied nearly 3%.
seekingalpha.com
4 months ago
Elme Communities (NYSE:ELME ) Q4 2024 Earnings Conference Call February 14, 2025 10:00 AM ET Company Participants Amy Hopkins - VP, IR Paul McDermott - CEO Tiffany Butcher - COO Steve Freishtat - CFO Grant Montgomery - Head, Research Conference Call Participants Anthony Paolone - JPMorgan Jamie Feldman - Wells Fargo John Pawlowski - Green Street Cole Bardawill - Wolfe Research Operator Good day, and welcome to the Elme Communities Fourth Quarter 2024 Earnings Conference Call. As a reminder, today's call is being recorded.
zacks.com
4 months ago
Elme (ELME) came out with quarterly funds from operations (FFO) of $0.23 per share, missing the Zacks Consensus Estimate of $0.24 per share. This compares to FFO of $0.24 per share a year ago.
globenewswire.com
4 months ago
Board of Trustees Initiates Review of Strategic Alternatives to Maximize Shareholder Value Board of Trustees Initiates Review of Strategic Alternatives to Maximize Shareholder Value
See all news
