Elme Communities (ELME)
NYSE: ELME · Real-Time Price · USD
16.13
+0.38 (2.41%)
May 15, 2025, 1:07 PM - Market open
Elme Communities Stock Forecast
Stock Price Forecast
According to 5 professional analysts, the 12-month price target for Elme Communities stock ranges from a low of $16 to a high of $19. The average analyst price target of $17.8 forecasts a 10.35% increase in the stock price over the next year.
Price Target: $17.80 (+10.35%)
Analyst Consensus: Hold
* Price targets were last updated on Feb 20, 2025.
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 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 4 | 4 | 5 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Hold Maintains $17 → $19 | Hold | Maintains | $17 → $19 | +17.79% | Feb 20, 2025 |
| JP Morgan | JP Morgan | Buy → Hold Downgrades $19 → $18 | Buy → Hold | Downgrades | $19 → $18 | +11.59% | Dec 17, 2024 |
| Wolfe Research | Wolfe Research | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Oct 21, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $17 → $19 | Buy | Maintains | $17 → $19 | +17.79% | Sep 16, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $14 → $17 | Hold | Maintains | $14 → $17 | +5.39% | Sep 13, 2024 |
Financial Forecast
Revenue This Year
252.87M
from 241.94M
Increased by 4.52%
Revenue Next Year
259.40M
from 252.87M
Increased by 2.58%
EPS This Year
-0.13
from -0.15
EPS Next Year
-0.09
from -0.13
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 260.6M | 269.9M | 276.2M |
| Avg | 252.9M | 259.4M | 267.2M |
| Low | 242.6M | 246.2M | 255.7M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 7.7% | 6.7% | 6.5% |
| Avg | 4.5% | 2.6% | 3.0% |
| Low | 0.3% | -2.6% | -1.4% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -0.14 | -0.09 | -0.02 |
| Avg | -0.13 | -0.09 | -0.02 |
| Low | -0.13 | -0.09 | -0.02 |
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.