Elme Communities (ELME)
NYSE: ELME · Real-Time Price · USD
16.29
+0.17 (1.05%)
Jul 10, 2025, 4:00 PM - Market closed
Elme Communities Stock Forecast
Stock Price Forecast
The 5 analysts that cover Elme Communities stock have a consensus rating of "Hold" and an average price target of $18.25, which forecasts a 12.03% increase in the stock price over the next year. The lowest target is $17 and the highest is $19.
Price Target: $18.25 (+12.03%)
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 | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 | Jul '25 |
---|---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Buy | 1 | 1 | 1 | 1 | 1 | 1 |
Hold | 5 | 5 | 5 | 5 | 5 | 4 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 6 | 6 | 6 | 6 | 6 | 5 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Wells Fargo | Wells Fargo | Hold Maintains $17 → $19 | Hold | Maintains | $17 → $19 | +16.64% | Feb 20, 2025 |
JP Morgan | JP Morgan | Buy → Hold Downgrades $19 → $18 | Buy → Hold | Downgrades | $19 → $18 | +10.50% | 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 | +16.64% | Sep 16, 2024 |
Wells Fargo | Wells Fargo | Hold Maintains $14 → $17 | Hold | Maintains | $14 → $17 | +4.36% | Sep 13, 2024 |
Financial Forecast
Revenue This Year
253.64M
from 241.94M
Increased by 4.84%
Revenue Next Year
255.67M
from 253.64M
Increased by 0.80%
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 | 275.1M |
Avg | 253.6M | 255.7M | 254.5M |
Low | 243.3M | 234.5M | 236.5M |
Revenue Growth
Revenue Growth | 2025 | 2026 | 2027 |
---|---|---|---|
High | 8.1% | 6.8% | 7.6% |
Avg | 4.8% | 0.8% | -0.5% |
Low | 0.5% | -7.6% | -7.5% |
EPS Forecast
EPS | 2025 | 2026 | 2027 |
---|---|---|---|
High | -0.15 | -0.07 | -0.03 |
Avg | -0.14 | -0.07 | -0.03 |
Low | -0.14 | -0.07 | -0.03 |
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.