Elme Communities (ELME)
NYSE: ELME · Real-Time Price · USD
14.82
+0.09 (0.61%)
Jan 17, 2025, 4:00 PM EST - Market closed

Elme Communities Statistics

Total Valuation

ELME has a market cap or net worth of $1.30 billion. The enterprise value is $1.99 billion.

Market Cap 1.30B
Enterprise Value 1.99B

Important Dates

The next estimated earnings date is Thursday, February 13, 2025, after market close.

Earnings Date Feb 13, 2025
Ex-Dividend Date Dec 19, 2024

Share Statistics

ELME has 88.02 million shares outstanding. The number of shares has increased by 0.25% in one year.

Current Share Class 88.01M
Shares Outstanding 88.02M
Shares Change (YoY) +0.25%
Shares Change (QoQ) +0.02%
Owned by Insiders (%) 0.94%
Owned by Institutions (%) 88.77%
Float 87.14M

Valuation Ratios

Price/FFO Ratio 15.66
Price/AFFO Ratio n/a
PE Ratio n/a
Forward PE n/a
PS Ratio 5.44
Forward PS 21.17
PB Ratio 1.19
P/TBV Ratio 1.19
P/FCF Ratio 13.94
P/OCF Ratio 13.94
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 16.63, with an EV/FCF ratio of 21.29.

EV / Earnings n/a
EV / Sales 8.32
EV / EBITDA 16.63
EV / EBIT 85.27
EV / FCF 21.29

Financial Position

The company has a current ratio of 0.27, with a Debt / Equity ratio of 0.63.

Current Ratio 0.27
Quick Ratio 0.10
Debt / Equity 0.63
Debt / EBITDA 5.79
Debt / FCF 7.40
Interest Coverage 0.62

Financial Efficiency

Return on equity (ROE) is -1.16% and return on invested capital (ROIC) is 0.80%.

Return on Equity (ROE) -1.16%
Return on Assets (ROA) 0.78%
Return on Capital (ROIC) 0.80%
Revenue Per Employee $985,691
Profits Per Employee -$55,453
Employee Count 243
Asset Turnover 0.13
Inventory Turnover n/a

Taxes

Income Tax n/a
Effective Tax Rate n/a

Stock Price Statistics

The stock price has increased by +2.56% in the last 52 weeks. The beta is 0.92, so ELME's price volatility has been similar to the market average.

Beta (5Y) 0.92
52-Week Price Change +2.56%
50-Day Moving Average 15.91
200-Day Moving Average 16.20
Relative Strength Index (RSI) 41.52
Average Volume (20 Days) 712,124

Short Selling Information

The latest short interest is 2.48 million, so 2.82% of the outstanding shares have been sold short.

Short Interest 2.48M
Short Previous Month 2.39M
Short % of Shares Out 2.82%
Short % of Float 2.85%
Short Ratio (days to cover) 3.61

Income Statement

In the last 12 months, ELME had revenue of $239.52 million and -$13.48 million in losses. Loss per share was -$0.16.

Revenue 239.52M
Gross Profit 144.46M
Operating Income 23.37M
Pretax Income -53.84M
Net Income -13.48M
EBITDA 119.77M
EBIT 23.37M
Loss Per Share -$0.16
Full Income Statement

Balance Sheet

The company has $5.17 million in cash and $692.90 million in debt, giving a net cash position of -$687.73 million or -$7.81 per share.

Cash & Cash Equivalents 5.17M
Total Debt 692.90M
Net Cash -687.73M
Net Cash Per Share -$7.81
Equity (Book Value) 1.10B
Book Value Per Share 12.48
Working Capital -129.89M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $93.59 million and capital expenditures -$141,000, giving a free cash flow of $93.59 million.

Operating Cash Flow 93.59M
Capital Expenditures -141,000
Free Cash Flow 93.59M
FCF Per Share $1.06
Full Cash Flow Statement

Margins

Gross margin is 60.31%, with operating and profit margins of 9.75% and -5.51%.

Gross Margin 60.31%
Operating Margin 9.75%
Pretax Margin -5.51%
Profit Margin -5.51%
EBITDA Margin 50.00%
EBIT Margin 9.75%
FCF Margin 39.07%

Dividends & Yields

This stock pays an annual dividend of $0.72, which amounts to a dividend yield of 4.86%.

Dividend Per Share $0.72
Dividend Yield 4.86%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -0.25%
Shareholder Yield 4.61%
Earnings Yield -1.03%
FCF Yield 7.17%
Dividend Details

Analyst Forecast

The average price target for ELME is $17.50, which is 18.08% higher than the current price. The consensus rating is "Hold".

Price Target $17.50
Price Target Difference 18.08%
Analyst Consensus Hold
Analyst Count 5
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 1.5:1.

Last Split Date Jun 1, 1992
Split Type Forward
Split Ratio 1.5:1

Scores

Altman Z-Score n/a
Piotroski F-Score 4