Elme Communities (ELME)
NYSE: ELME · IEX Real-Time Price · USD
14.86
+0.14 (0.95%)
Apr 19, 2024, 4:00 PM EDT - Market closed

Elme Communities Statistics

Total Valuation

ELME has a market cap or net worth of $1.31 billion. The enterprise value is $1.98 billion.

Market Cap 1.31B
Enterprise Value 1.98B

Important Dates

The next confirmed earnings date is Wednesday, May 1, 2024, after market close.

Earnings Date May 1, 2024
Ex-Dividend Date Mar 19, 2024

Share Statistics

ELME has 87.87 million shares outstanding. The number of shares has increased by 0.40% in one year.

Shares Outstanding 87.87M
Shares Change (YoY) +0.40%
Shares Change (QoQ) +0.03%
Owned by Insiders (%) 1.49%
Owned by Institutions (%) 90.13%
Float 86.62M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 5.73
Forward PS 5.30
PB Ratio 1.13
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 8.67
EV / EBITDA 29.77
EV / EBIT n/a
EV / FCF n/a

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 0.59
Debt / EBITDA 10.23
Debt / FCF n/a
Interest Coverage -0.74

Financial Efficiency

Return on equity (ROE) is -4.40% and return on invested capital (ROIC) is -1.26%.

Return on Equity (ROE) -4.40%
Return on Assets (ROA) -2.80%
Return on Capital (ROIC) -1.26%
Revenue Per Employee $937,905
Profits Per Employee -$218,012
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 -17.95% in the last 52 weeks. The beta is 0.93, so ELME's price volatility has been similar to the market average.

Beta (1Y) 0.93
52-Week Price Change -17.95%
50-Day Moving Average 13.81
200-Day Moving Average 14.35
Relative Strength Index (RSI) 59.80
Average Volume (30 Days) 726,983

Short Selling Information

The latest short interest is 1.00 million, so 1.14% of the outstanding shares have been sold short.

Short Interest 1.00M
Short Previous Month 966,583
Short % of Shares Out 1.14%
Short % of Float 1.16%
Short Ratio (days to cover) 1.60

Income Statement

In the last 12 months, ELME had revenue of $227.91 million and -$52.98 million in losses. Loss per share was -$0.61.

Revenue 227.91M
Gross Profit 139.97M
Operating Income -23.06M
Pretax Income -52.98M
Net Income -52.98M
EBITDA 66.40M
EBIT -22.55M
Loss Per Share -$0.61
Full Income Statement

Balance Sheet

The company has $8.54 million in cash and $679.35 million in debt, giving a net cash position of -$670.81 million or -$7.63 per share.

Cash & Cash Equivalents 8.54M
Total Debt 679.35M
Net Cash -670.81M
Net Cash Per Share -$7.63
Equity / Book Value 1.15B
Book Value Per Share 13.13
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $84.67 million and capital expenditures -$146.22 million, giving a free cash flow of -$61.55 million.

Operating Cash Flow 84.67M
Capital Expenditures -146.22M
Free Cash Flow -61.55M
FCF Per Share -$0.70
Full Cash Flow Statement

Margins

Gross margin is 61.42%, with operating and profit margins of -10.12% and -23.24%.

Gross Margin 61.42%
Operating Margin -10.12%
Pretax Margin -23.24%
Profit Margin -23.24%
EBITDA Margin 29.14%
EBIT Margin -9.89%
FCF Margin -27.01%

Dividends & Yields

This stock pays an annual dividend of $0.72, which amounts to a dividend yield of 4.85%.

Dividend Per Share $0.72
Dividend Yield 4.85%
Dividend Growth (YoY) 4.35%
Years of Dividend Growth 1
Payout Ratio n/a
Buyback Yield -0.40%
Shareholder Yield 4.45%
Earnings Yield -4.06%
FCF Yield -4.71%
Dividend Details

Analyst Forecast

The average price target for ELME is $16.67, which is 12.18% higher than the current price. The consensus rating is "Hold".

Price Target $16.67
Price Target Difference 12.18%
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 4