Elme Communities (ELME)

NYSE: ELME · Real-Time Price · USD
2.200
+0.020 (0.92%)
At close: Jan 30, 2026, 4:00 PM EST
2.240
+0.040 (1.82%)
After-hours: Jan 30, 2026, 7:53 PM EST
0.92%
Market Cap193.98M -85.0%
Revenue (ttm)246.96M +3.1%
Net Income-135.08M
EPS-1.53
Shares Out 88.17M
PE Ration/a
Forward PEn/a
Dividend$0.72 (32.73%)
Ex-Dividend DateJan 8, 2026
Volume26,549,448
Open2.140
Previous Close2.180
Day's Range2.110 - 2.240
52-Week Range2.100 - 18.080
Beta0.80
AnalystsHold
Price Target14.25 (+547.73%)
Earnings DateFeb 20, 2026

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. [Read more]

Founded 1960
Employees 255
Stock Exchange NYSE
Ticker Symbol ELME
Full Company Profile

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.

Financial Statements

Analyst Summary

According to 4 analysts, the average rating for ELME stock is "Hold." The 12-month stock price target is $14.25, which is an increase of 547.73% from the latest price.

Price Target
$14.25
(547.73% upside)
Analyst Consensus: Hold
Stock Forecasts

News

TTM Technologies, Dutch Bros, Advanced Energy Industries, and American Healthcare REIT Set to Join S&P MidCap 400; Others to Join S&P SmallCap 600

NEW YORK, Jan. 27, 2026 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400, S&P SmallCap 600: S&P SmallCap 600 constituent TTM Technologies Inc. (NASD: TTMI) w...

4 days ago - PRNewsWire

Elme Communities Provides Update On Liquidation Activities

Company has entered into purchase and sale agreements covering three of the remaining 10 properties expected to close in first quarter 2026 Continues to target completing all remaining sales by mid-ye...

8 days ago - GlobeNewsWire

Elme Communities Announces Income Tax Treatment of Its 2025 Dividend Distribution

BETHESDA, Md., Jan. 21, 2026 (GLOBE NEWSWIRE) -- Elme Communities (NYSE:ELME) announced the income tax treatment of its 2025 dividend distributions. This information represents final income allocation...

10 days ago - GlobeNewsWire

REIT Replay: U.S. REIT Indexes Outperform Broader Market During Week Ended Jan. 16

Indexes for US equity real estate investment trusts outperformed the broader stock market during the week ended Jan. 16.

11 days ago - Seeking Alpha

Elme Communities: Value In Liquidation

Elme Communities is liquidating its portfolio, returning capital via special dividends after selling major assets to Cortland Partners. Shares now trade at $2.82, with remaining liquidation value esti...

23 days ago - Seeking Alpha

Elme Communities Declares Initial Special Liquidating Distribution

BETHESDA, Md., Nov. 25, 2025 (GLOBE NEWSWIRE) -- Elme Communities (“Elme” or the “Company”) (NYSE: ELME) today announced that its Board of Trustees has approved a special liquidating distribution of $...

2 months ago - GlobeNewsWire

Elme Communities Completes Sale of 19 Multifamily Communities for $1.6 Billion

BETHESDA, Md., Nov. 12, 2025 (GLOBE NEWSWIRE) -- Elme Communities (“Elme” or the “Company”) (NYSE: ELME) today completed its previously announced sale of 19 multifamily communities (“the portfolio sal...

2 months ago - GlobeNewsWire

Elme Communities (ELME) Shareholder/Analyst Call Prepared Remarks Transcript

Elme Communities ( ELME) Shareholder/Analyst Call October 30, 2025 8:30 AM EDT Company Participants Benjamin Butcher Drew Hammond Presentation Operator Hello, and welcome to the Special Meeting of Sh...

3 months ago - Seeking Alpha

Elme Communities Announces Third Quarter 2025 Results

BETHESDA, Md., Oct. 23, 2025 (GLOBE NEWSWIRE) -- Elme Communities (the “Company” or “Elme”) (NYSE: ELME), a multifamily REIT, reported financial and operating results today for the quarter ended Septe...

3 months ago - GlobeNewsWire

Elme Communities to Release Third Quarter 2025 Results on Thursday, October 23rd

BETHESDA, Md., Oct. 15, 2025 (GLOBE NEWSWIRE) -- Elme Communities (the “Company”) (NYSE:ELME), a value-oriented multifamily owner and operator, will release third quarter earnings results after market...

3 months ago - GlobeNewsWire

Disinflation Dividend: REIT Earnings Scorecard

A surprising solid REIT earnings season wrapped up this week. Of the 100 equity REITs that provide full-year FFO guidance, 62% raised their outlook - above the historical 55% average. Disinflation was...

Other symbols: AMHAMTARRBBREBFSBHRCBL
6 months ago - Seeking Alpha

Elme Communities (ELME) Q2 2025 Earnings Call Transcript

Elme Communities (NYSE:ELME) Q2 2025 Earnings Conference Call August 6, 2025 10:00 AM ET Company Participants Amy Hopkins - Vice President of Investor Relations Paul T. McDermott - Chairman of Board,...

6 months ago - Seeking Alpha

Elme Communities Announces Second Quarter 2025 Results

BETHESDA, Md., Aug. 05, 2025 (GLOBE NEWSWIRE) -- Elme Communities (the “Company” or “Elme”) (NYSE: ELME), a multifamily REIT, reported financial and operating results today for the quarter ended June ...

6 months ago - GlobeNewsWire

Elme Communities Concludes Strategic Alternatives Review Process; Executes Agreement to Sell 19 Properties to Cortland, Remaining Assets to be Marketed for Sale

Elme to Seek Shareholder Approval for Cortland Portfolio Transaction  and Plan of Sale and Liquidation Intends to Make Total Upfront Distributions to Shareholders of Approximately $14.68 to $15.00 per...

6 months ago - GlobeNewsWire

Elme Communities to Release Second Quarter 2025 Results on Tuesday, August 5th

BETHESDA, Md., July 10, 2025 (GLOBE NEWSWIRE) -- Elme Communities (the “Company” or “Elme”) (NYSE:ELME), a value-oriented multifamily owner and operator, will release second quarter earnings results a...

7 months ago - GlobeNewsWire

Fed Ditches 'Data Dependent'

U.S. equity markets posted a second-straight week of declines after the U.S. Federal Reserve indicated that it remains in "no rush" to ease its "modestly restrictive" policy stance. Raising questions ...

Other symbols: BBREBDNBXCNSCURBDLRDRN
7 months ago - Seeking Alpha

Elme Communities (ELME) Q1 2025 Earnings Call Transcript

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 Confer...

9 months ago - Seeking Alpha

Elme Communities Announces First Quarter 2025 Results

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 “...

9 months ago - GlobeNewsWire

Elme Communities to Release First Quarter 2025 Results on Thursday, May 1st

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 a...

10 months ago - GlobeNewsWire

Why Elme Communities Is A Buy At The Right Price

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 st...

10 months ago - Seeking Alpha

Elme Communities Appoints Ron Sturzenegger to Board of Trustees

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 ...

11 months ago - GlobeNewsWire

Elme Communities (ELME) Q4 2024 Earnings Call Transcript

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 ...

1 year ago - Seeking Alpha

Elme Communities Announces Fourth Quarter and Full Year 2024 Results

Board of Trustees Initiates Review of Strategic Alternatives to Maximize Shareholder Value Board of Trustees Initiates Review of Strategic Alternatives to Maximize Shareholder Value

1 year ago - GlobeNewsWire

Elme Communities to Release Fourth Quarter 2024 Results on Thursday, February 13th

BETHESDA, Md., Jan. 23, 2025 (GLOBE NEWSWIRE) -- Elme Communities (“Elme”) (NYSE:ELME), a value-oriented multifamily owner and operator, will release fourth quarter earnings results after market close...

1 year ago - GlobeNewsWire

Elme Communities Announces Income Tax Treatment of Its 2024 Dividend Distribution

BETHESDA, Md., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Elme Communities (NYSE:ELME) announced the income tax treatment of its 2024 dividend distributions. This information represents final income allocation...

1 year ago - GlobeNewsWire