Elme Communities (ELME)
NYSE: ELME · Real-Time Price · USD
15.64
+0.10 (0.64%)
Apr 24, 2025, 4:00 PM EDT - Market closed
Elme Communities Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Elme Communities stock have an average target of 17.8, with a low estimate of 16 and a high estimate of 19. The average target predicts an increase of 13.81% from the current stock price of 15.64.
Analyst Consensus: Hold
* Price targets were last updated on Feb 20, 2025.
Analyst Ratings
The average analyst rating for Elme Communities stock from 6 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 1 | 1 | 1 | 1 | 1 |
| Hold | 3 | 4 | 4 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 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 | +21.48% | Feb 20, 2025 |
| JP Morgan | JP Morgan | Buy → Hold Downgrades $19 → $18 | Buy → Hold | Downgrades | $19 → $18 | +15.09% | 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 | +21.48% | Sep 16, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $14 → $17 | Hold | Maintains | $14 → $17 | +8.70% | Sep 13, 2024 |
Financial Forecast
Revenue This Year
252.20M
from 241.94M
Increased by 4.24%
Revenue Next Year
259.40M
from 252.20M
Increased by 2.85%
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 | 252.2M | 259.4M | 267.2M |
| Low | 240.4M | 246.2M | 255.7M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 7.7% | 7.0% | 6.5% |
| Avg | 4.2% | 2.9% | 3.0% |
| Low | -0.6% | -2.4% | -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.