Elme Communities (ELME)
NYSE: ELME · Real-Time Price · USD
16.69
-0.03 (-0.15%)
Oct 8, 2025, 9:55 AM EDT - Market open
Elme Communities Stock Forecast
Stock Price Forecast
The 4 analysts that cover Elme Communities stock have a consensus rating of "Hold" and an average price target of $14.25, which forecasts a -14.59% decrease in the stock price over the next year. The lowest target is $2.00 and the highest is $19.
Price Target: $14.25 (-14.59%)
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Elme Communities stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | May '25 | Jun '25 | Jul '25 | Aug '25 | Sep '25 | Oct '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Hold | 5 | 5 | 5 | 5 | 6 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 7 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy → Hold Downgrades $18 → $2 | Strong Buy → Hold | Downgrades | $18 → $2 | -88.01% | Sep 11, 2025 |
| Wells Fargo | Wells Fargo | Hold Maintains $19 → $18 | Hold | Maintains | $19 → $18 | +7.88% | Aug 5, 2025 |
| Wells Fargo | Wells Fargo | Hold Maintains $17 → $19 | Hold | Maintains | $17 → $19 | +13.87% | Feb 20, 2025 |
| JP Morgan | JP Morgan | Buy → Hold Downgrades $19 → $18 | Buy → Hold | Downgrades | $19 → $18 | +7.88% | Dec 17, 2024 |
| Wolfe Research | Wolfe Research | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Oct 21, 2024 |
Financial Forecast
Revenue This Year
234.52M
from 241.94M
Decreased by -3.06%
Revenue Next Year
253.61M
from 234.52M
Increased by 8.14%
EPS This Year
-0.14
from -0.15
EPS Next Year
-0.07
from -0.14
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 261.5M | 270.9M | |
| Avg | 234.5M | 253.6M | |
| Low | 206.1M | 234.5M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 8.1% | 15.5% | |
| Avg | -3.1% | 8.1% | |
| Low | -14.8% | -0.0% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -0.15 | -0.07 | |
| Avg | -0.14 | -0.07 | |
| Low | -0.14 | -0.07 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | - | - | |
| Avg | - | - | |
| Low | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.