Elme Communities (ELME)

Market Cap	1.35B
Revenue (ttm)	241.94M
Net Income (ttm)	-13.39M
Shares Out	88.04M
EPS (ttm)	-0.15
PE Ratio	n/a
Forward PE	n/a
Dividend	$0.72 (4.70%)
Ex-Dividend Date	Mar 19, 2025

Volume	401,506
Open	15.35
Previous Close	15.26
Day's Range	15.29 - 15.45
52-Week Range	13.95 - 18.49
Beta	0.86
Analysts	Hold
Price Target	17.80 (+16.23%)
Earnings Date	May 1, 2025

About ELME

Elme Communities is committed to elevating what home can be for middle-income renters by providing a higher level of quality, service, and experience. The Company is a multifamily real estate investment trust that 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. Focused on providing quality, affordable homes to a deep, solid, and underserved base of mid-market demand, Elme Communities is building long-term value for sh...

• Industry: REIT - Residential
• Sector: Real Estate
• Founded: 1960
• Employees: 255
• Stock Exchange: NYSE
• Ticker Symbol: ELME
• Website: https://www.elmecommunities.com

Financial Performance

In 2024, Elme Communities's revenue was $241.94 million, an increase of 6.15% compared to the previous year's $227.91 million. Losses were -$13.39 million, -74.85% less than in 2023.

Analyst Forecast

According to 6 analysts, the average rating for ELME stock is "Hold." The 12-month stock price forecast is $17.8, which is an increase of 16.23% from the latest price.

Price Target

$17.8

(16.23% upside)

Analyst Consensus: Hold