Logo image of ELME

ELME COMMUNITIES (ELME) Stock Price, Quote, News and Overview

NYSE:ELME - New York Stock Exchange, Inc. - US9396531017 - REIT - Currency: USD

17.08  -0.01 (-0.06%)

After market: 17.08 0 (0%)

ELME Quote, Performance and Key Statistics

ELME COMMUNITIES

NYSE:ELME (2/21/2025, 8:15:35 PM)

After market: 17.08 0 (0%)

17.08

-0.01 (-0.06%)

Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS SubIndustryMulti-Family Residential REITs
Statistics
52 Week High18.49
52 Week Low12.74
Market Cap1.50B
Shares88.01M
Float86.80M
Yearly Dividend0.72
Dividend Yield4.21%
PE131.38
Fwd PEN/A
Earnings (Next)04-29 2025-04-29
IPO03-17 1980-03-17


ELME short term performance overview.The bars show the price performance of ELME in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 0 5 10 15

ELME long term performance overview.The bars show the price performance of ELME in the last 1, 2 and 3 years. 1 year 2 years 3 years 0 10 20

The current stock price of ELME is 17.08 USD. In the past month the price increased by 16.59%. In the past year, price increased by 29%.

ELME COMMUNITIES / ELME Daily stock chart

ELME Competitors/Peers

The largest stocks on the US markets in the "Multi-Family Residential REITs" sub-industry
Full List
Symbol
Name
TA
FA
PE
Market Cap
AVB AVALONBAY COMMUNITIES INC 28.84 31.14B
EQR EQUITY RESIDENTIAL 26.31 27.16B
ESS ESSEX PROPERTY TRUST INC 33.46 18.94B
MAA MID-AMERICA APARTMENT COMM 35.23 18.78B
UDR UDR INC 171.32 14.17B
CPT CAMDEN PROPERTY TRUST 63.77 12.79B
IRT INDEPENDENCE REALTY TRUST IN 113.33 4.59B
VRE VERIS RESIDENTIAL INC N/A 1.45B
AIV APARTMENT INVT & MGMT CO -A N/A 1.27B
CSR CENTERSPACE 256.4 1.06B
NXRT NEXPOINT RESIDENTIAL 22.41 984.76M
BRT BRT APARTMENTS CORP N/A 329.18M

About ELME

Company Profile

ELME logo image Elme Communities engages in the ownership and operation of apartment communities. The company is headquartered in Bethesda, Maryland and currently employs 243 full-time employees. The firm operates in a single reportable segment which includes the ownership, development, redevelopment and acquisition of apartment communities. The company owns and operates approximately 9,400 apartment homes in the Washington, DC metro and the Atlanta metro regions, and owns approximately 300,000 square feet of commercial space. Its properties include Elme Alexandria, Cascade at Landmark, Clayborne, Riverside Apartments, Bennett Park, Park Adams, The Maxwell, The Paramount, The Wellington, Trove, Roosevelt Towers, Elme Dulles, Elme Herndon, The Ashby at McLean, Kenmore Apartments, Elme Watkins Mill, Elme Germantown, Elme Eagles Landing, Elme Druid Hills and Watergate 600.

Company Info

ELME COMMUNITIES

7550 Wisconsin Avenue, Suite 900

Bethesda MARYLAND US

Employees: 243

Company Website: https://elmecommunities.com/

Investor Relations: https://ir.elmecommunities.com/

Phone: 12027743200

ELME COMMUNITIES / ELME FAQ

What is the stock price of ELME COMMUNITIES today?

The current stock price of ELME is 17.08 USD. The price decreased by -0.06% in the last trading session.


What is the ticker symbol for ELME COMMUNITIES stock?

The exchange symbol of ELME COMMUNITIES is ELME and it is listed on the New York Stock Exchange, Inc. exchange.


On which exchange is ELME stock listed?

ELME stock is listed on the New York Stock Exchange, Inc. exchange.


What is the price forecast or stock price prediction for ELME COMMUNITIES stock?

11 analysts have analysed ELME and the average price target is 17.34 USD. This implies a price increase of 1.52% is expected in the next year compared to the current price of 17.08. Check the ELME COMMUNITIES stock analysts ratings, price target forecast and up-and down grades for more detailed information.


What is ELME COMMUNITIES worth?

ELME COMMUNITIES (ELME) has a market capitalization of 1.50B USD. This makes ELME a Small Cap stock.


How many employees does ELME COMMUNITIES have?

ELME COMMUNITIES (ELME) currently has 243 employees.


What are the support and resistance levels for ELME COMMUNITIES (ELME) stock?

ELME COMMUNITIES (ELME) has a support level at 17.07 and a resistance level at 17.19. Check the full technical report for a detailed analysis of ELME support and resistance levels.


Is ELME COMMUNITIES (ELME) expected to grow?

The Revenue of ELME COMMUNITIES (ELME) is expected to grow by 2.45% in the next year. Check the estimates tab for more information on the ELME EPS, Sales, EBIT and EBITDA future analyst estimates.


Should I buy ELME COMMUNITIES (ELME) stock?

There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:


Does ELME COMMUNITIES (ELME) stock pay dividends?

ELME COMMUNITIES (ELME) has a dividend yield of 4.21%. The yearly dividend amount is currently 0.72. Check the full fundamental report for a detailed analysis of ELME dividend history, reliability and sustainability.


When does ELME COMMUNITIES (ELME) report earnings?

ELME COMMUNITIES (ELME) will report earnings on 2025-04-29.


What is the Price/Earnings (PE) ratio of ELME COMMUNITIES (ELME)?

The PE ratio for ELME COMMUNITIES (ELME) is 131.38. This is based on the reported non-GAAP earnings per share of 0.13 and the current share price of 17.08 USD. Check the full fundamental report for a full analysis of the valuation metrics for ELME.


What is the Short Interest ratio of ELME COMMUNITIES (ELME) stock?

The outstanding short interest for ELME COMMUNITIES (ELME) is 2.98% of its float. Check the ownership tab for more information on the ELME short interest.


ELME Technical Analysis

ChartMill assigns a technical rating of 9 / 10 to ELME. When comparing the yearly performance of all stocks, ELME is one of the better performing stocks in the market, outperforming 84.28% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating

ELME Fundamental Analysis

ChartMill assigns a fundamental rating of 3 / 10 to ELME. Both the profitability and financial health of ELME have multiple concerns.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

ELME Financial Highlights

Over the last trailing twelve months ELME reported a non-GAAP Earnings per Share(EPS) of 0.13. The EPS increased by 200% compared to the year before.


Industry RankSector Rank
PM (TTM) N/A
ROA -0.73%
ROE -1.24%
Debt/Equity 0.65
Chartmill High Growth Momentum
EPS Q2Q%675%
Sales Q2Q%4.09%
EPS 1Y (TTM)200%
Revenue 1Y (TTM)6.15%

ELME Ownership and Analysts

ChartMill assigns a Buy % Consensus number of 75% to ELME. The Buy consensus is the average rating of analysts ratings from 11 analysts.

For the next year, analysts expect an EPS growth of -194.15% and a revenue growth 2.45% for ELME


Ownership
Inst Owners94.29%
Ins Owners1.28%
Short Float %2.98%
Short Ratio4.15
Analysts
Analysts74.55
Price Target17.34 (1.52%)
EPS Next Y-194.15%
Revenue Next Year2.45%