Elme Communities (ELME)
NYSE: ELME · IEX Real-Time Price · USD
15.67
+0.07 (0.45%)
Jul 2, 2024, 4:00 PM EDT - Market closed

Elme Communities Statistics

Total Valuation

ELME has a market cap or net worth of $1.38 billion. The enterprise value is $2.05 billion.

Market Cap 1.38B
Enterprise Value 2.05B

Important Dates

The next confirmed earnings date is Thursday, August 1, 2024, after market close.

Earnings Date Aug 1, 2024
Ex-Dividend Date Jun 20, 2024

Share Statistics

ELME has 88.00 million shares outstanding. The number of shares has increased by 0.27% in one year.

Shares Outstanding 88.00M
Shares Change (YoY) +0.27%
Shares Change (QoQ) +0.11%
Owned by Insiders (%) 1.39%
Owned by Institutions (%) 88.87%
Float 87.12M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 5.95
Forward PS 7.46
PB Ratio 1.21
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 8.87
EV / EBITDA 28.35
EV / EBIT n/a
EV / FCF n/a

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 0.60
Debt / EBITDA 9.42
Debt / FCF n/a
Interest Coverage -0.60

Financial Efficiency

Return on equity (ROE) is -4.50% and return on invested capital (ROIC) is -1.20%.

Return on Equity (ROE) -4.50%
Return on Assets (ROA) -2.80%
Return on Capital (ROIC) -1.20%
Revenue Per Employee $953,148
Profits Per Employee -$218,029
Employee Count 243
Asset Turnover 0.12
Inventory Turnover n/a

Taxes

Income Tax n/a
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -5.89% in the last 52 weeks. The beta is 0.89, so ELME's price volatility has been lower than the market average.

Beta (5Y) 0.89
52-Week Price Change -5.89%
50-Day Moving Average 15.49
200-Day Moving Average 14.29
Relative Strength Index (RSI) 54.18
Average Volume (20 Days) 617,571

Short Selling Information

The latest short interest is 1.45 million, so 1.64% of the outstanding shares have been sold short.

Short Interest 1.45M
Short Previous Month 1.64M
Short % of Shares Out 1.64%
Short % of Float 1.66%
Short Ratio (days to cover) 2.69

Income Statement

In the last 12 months, ELME had revenue of $231.62 million and -$52.98 million in losses. Loss per share was -$0.61.

Revenue 231.62M
Gross Profit 141.03M
Operating Income -21.87M
Pretax Income -52.98M
Net Income -52.98M
EBITDA 72.47M
EBIT -19.89M
Loss Per Share -$0.61
Full Income Statement

Balance Sheet

The company has $6.90 million in cash and $682.54 million in debt, giving a net cash position of -$675.64 million or -$7.68 per share.

Cash & Cash Equivalents 6.90M
Total Debt 682.54M
Net Cash -675.64M
Net Cash Per Share -$7.68
Equity (Book Value) 1.14B
Book Value Per Share 12.91
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $89.60 million and capital expenditures -$150.19 million, giving a free cash flow of -$60.59 million.

Operating Cash Flow 89.60M
Capital Expenditures -150.19M
Free Cash Flow -60.59M
FCF Per Share -$0.69
Full Cash Flow Statement

Margins

Gross margin is 60.89%, with operating and profit margins of -9.44% and -22.87%.

Gross Margin 60.89%
Operating Margin -9.44%
Pretax Margin -22.87%
Profit Margin -22.87%
EBITDA Margin 31.29%
EBIT Margin -8.59%
FCF Margin -26.16%

Dividends & Yields

This stock pays an annual dividend of $0.72, which amounts to a dividend yield of 4.60%.

Dividend Per Share $0.72
Dividend Yield 4.60%
Dividend Growth (YoY) 2.86%
Years of Dividend Growth 1
Payout Ratio n/a
Buyback Yield -0.27%
Shareholder Yield 4.33%
Earnings Yield -3.84%
FCF Yield -4.39%
Dividend Details

Analyst Forecast

The average price target for ELME is $16.00, which is 2.11% higher than the current price. The consensus rating is "Hold".

Price Target $16.00
Price Target Difference 2.11%
Analyst Consensus Hold
Analyst Count 3
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on June 1, 1992. It was a forward split with a ratio of 3:2.

Last Split Date Jun 1, 1992
Split Type Forward
Split Ratio 3:2

Scores

Altman Z-Score n/a
Piotroski F-Score 3