Elme Communities (ELME)

NYSE: ELME · Real-Time Price · USD
2.130
+0.010 (0.47%)
Apr 24, 2026, 4:00 PM EDT - Market closed
Market Cap189.29M -85.9%
Revenue (ttm)247.63M +3.4%
Net Income-185.31M
EPS-2.10
Shares Out 88.87M
PE Ration/a
Forward PEn/a
Dividend$15.21 (714.09%)
Ex-Dividend DateJan 8, 2026
Volume641,197
Open2.140
Previous Close2.120
Day's Range2.130 - 2.155
52-Week Range1.980 - 17.680
Beta0.79
AnalystsHold
Price Target12.67 (+494.84%)
Earnings DateMay 8, 2026

About ELME

Elme Communities is committed to elevating what home can be for middle-income renters by providing a higher level of quality, service, and experience. The Company is a multifamily real estate investment trust that owns and operates approximately 9,400 apartment homes in the Washington, DC metro and the Atlanta metro regions, and owns approximately 300,000 square feet of commercial space.

Founded 1960
Employees 255
Stock Exchange NYSE
Ticker Symbol ELME
Full Company Profile

Financial Performance

In fiscal year 2025, Elme Communities's revenue was $247.63 million, an increase of 2.35% compared to the previous year's $241.94 million. Losses were -$185.31 million, 1283.9% more than in 2024.

Financial Statements

Analyst Summary

According to 4 analysts, the average rating for ELME stock is "Hold." The 12-month stock price target is $12.67, which is an increase of 494.84% from the latest price.

Price Target
$12.67
(494.84% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Top 3 Real Estate Stocks That Could Blast Off In February

The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.

Other symbols: WHLRZ
2 months ago - Benzinga

TTM Technologies, Dutch Bros, Advanced Energy Industries, and American Healthcare REIT Set to Join S&P MidCap 400; Others to Join S&P SmallCap 600

NEW YORK, Jan. 27, 2026 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400, S&P SmallCap 600: S&P SmallCap 600 constituent TTM Technologies Inc. (NASD: TTMI) w...

3 months ago - PRNewsWire

Elme Communities Provides Update On Liquidation Activities

Company has entered into purchase and sale agreements covering three of the remaining 10 properties expected to close in first quarter 2026 Continues to target completing all remaining sales by mid-ye...

3 months ago - GlobeNewsWire

Elme Communities Announces Income Tax Treatment of Its 2025 Dividend Distribution

BETHESDA, Md., Jan. 21, 2026 (GLOBE NEWSWIRE) -- Elme Communities (NYSE:ELME) announced the income tax treatment of its 2025 dividend distributions. This information represents final income allocation...

3 months ago - GlobeNewsWire

Elme Communities Declares Initial Special Liquidating Distribution

BETHESDA, Md., Nov. 25, 2025 (GLOBE NEWSWIRE) -- Elme Communities (“Elme” or the “Company”) (NYSE: ELME) today announced that its Board of Trustees has approved a special liquidating distribution of $...

5 months ago - GlobeNewsWire

Elme Communities Completes Sale of 19 Multifamily Communities for $1.6 Billion

BETHESDA, Md., Nov. 12, 2025 (GLOBE NEWSWIRE) -- Elme Communities (“Elme” or the “Company”) (NYSE: ELME) today completed its previously announced sale of 19 multifamily communities (“the portfolio sal...

5 months ago - GlobeNewsWire

Elme Communities Announces Third Quarter 2025 Results

BETHESDA, Md., Oct. 23, 2025 (GLOBE NEWSWIRE) -- Elme Communities (the “Company” or “Elme”) (NYSE: ELME), a multifamily REIT, reported financial and operating results today for the quarter ended Septe...

6 months ago - GlobeNewsWire

Elme Communities to Release Third Quarter 2025 Results on Thursday, October 23rd

BETHESDA, Md., Oct. 15, 2025 (GLOBE NEWSWIRE) -- Elme Communities (the “Company”) (NYSE:ELME), a value-oriented multifamily owner and operator, will release third quarter earnings results after market...

6 months ago - GlobeNewsWire

Elme Communities Earnings Call Transcript: Q2 2025

Entered agreement to sell 19 assets for $1.6B and approved a full liquidation plan, with total shareholder distributions estimated at $17.58–$18.50 per share. Strong NOI growth and robust market funda...

9 months ago - Transcripts

Elme Communities Announces Second Quarter 2025 Results

BETHESDA, Md., Aug. 05, 2025 (GLOBE NEWSWIRE) -- Elme Communities (the “Company” or “Elme”) (NYSE: ELME), a multifamily REIT, reported financial and operating results today for the quarter ended June ...

9 months ago - GlobeNewsWire

Elme Communities Concludes Strategic Alternatives Review Process; Executes Agreement to Sell 19 Properties to Cortland, Remaining Assets to be Marketed for Sale

Elme to Seek Shareholder Approval for Cortland Portfolio Transaction  and Plan of Sale and Liquidation Intends to Make Total Upfront Distributions to Shareholders of Approximately $14.68 to $15.00 per...

9 months ago - GlobeNewsWire

Elme Communities to Release Second Quarter 2025 Results on Tuesday, August 5th

BETHESDA, Md., July 10, 2025 (GLOBE NEWSWIRE) -- Elme Communities (the “Company” or “Elme”) (NYSE:ELME), a value-oriented multifamily owner and operator, will release second quarter earnings results a...

10 months ago - GlobeNewsWire

Elme Communities Earnings Call Transcript: Q1 2025

Q1 2025 saw revenue and NOI growth above expectations, driven by strong leasing and operational execution. Strategic review continues, with robust fundamentals in key markets and a positive outlook fo...

1 year ago - Transcripts

Elme Communities Announces First Quarter 2025 Results

Strong Same-store NOI and Occupancy Growth Operating Initiatives Driving Higher Fee Income Solid Rental Rate Growth BETHESDA, Md., May 01, 2025 (GLOBE NEWSWIRE) -- Elme Communities (the “Company” or “...

1 year ago - GlobeNewsWire

Elme Communities to Release First Quarter 2025 Results on Thursday, May 1st

BETHESDA, Md., April 07, 2025 (GLOBE NEWSWIRE) -- Elme Communities (the “Company” or “Elme”) (NYSE:ELME), a value-oriented multifamily owner and operator, will release first quarter earnings results a...

1 year ago - GlobeNewsWire

Elme Communities Appoints Ron Sturzenegger to Board of Trustees

BETHESDA, Md., March 19, 2025 (GLOBE NEWSWIRE) -- Elme Communities (the “Company”) (NYSE: ELME), a multifamily REIT with communities in the Washington, DC and the Atlanta metro areas, today announced ...

1 year ago - GlobeNewsWire

Elme Communities Earnings Call Transcript: Q4 2024

A formal strategic review is underway amid strong operational progress and favorable supply-demand dynamics in core markets. 2025 guidance calls for moderate revenue growth, stable occupancy, and cont...

1 year ago - Transcripts

Elme Communities Announces Fourth Quarter and Full Year 2024 Results

Board of Trustees Initiates Review of Strategic Alternatives to Maximize Shareholder Value Board of Trustees Initiates Review of Strategic Alternatives to Maximize Shareholder Value

1 year ago - GlobeNewsWire

Elme Communities to Release Fourth Quarter 2024 Results on Thursday, February 13th

BETHESDA, Md., Jan. 23, 2025 (GLOBE NEWSWIRE) -- Elme Communities (“Elme”) (NYSE:ELME), a value-oriented multifamily owner and operator, will release fourth quarter earnings results after market close...

1 year ago - GlobeNewsWire

Elme Communities Announces Income Tax Treatment of Its 2024 Dividend Distribution

BETHESDA, Md., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Elme Communities (NYSE:ELME) announced the income tax treatment of its 2024 dividend distributions. This information represents final income allocation...

1 year ago - GlobeNewsWire

Elme Communities Earnings Call Transcript: Q3 2024

Strong demand and stable fundamentals in Washington Metro offset slower Atlanta recovery, with 2024 guidance tightened and 2025 improvement expected, especially in Atlanta as supply moderates and oper...

1 year ago - Transcripts

Elme Communities Announces Third Quarter 2024 Results

BETHESDA, Md., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Elme Communities (the “Company”) (NYSE: ELME), a multifamily REIT with communities in the Washington, DC metro area and the Atlanta metro area, reporte...

1 year ago - GlobeNewsWire

Elme Communities to Release Third Quarter 2024 Results on Monday, November 4th

BETHESDA, Md., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Elme Communities (“Elme”) (NYSE:ELME), a value-oriented multifamily owner and operator, will release third quarter earnings results after market close ...

1 year ago - GlobeNewsWire

Elme Communities Earnings Call Transcript: Q2 2024

Washington metro outperformed with high occupancy and strong demand, while Atlanta showed improving fundamentals and declining bad debt. 2024 guidance was tightened, with NOI growth led by Washington ...

1 year ago - Transcripts

Elme Communities Announces Second Quarter 2024 Results

BETHESDA, Md., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Elme Communities (the “Company”) (NYSE: ELME), a multifamily REIT with communities in the Washington, DC metro area and the Atlanta metro area, reporte...

1 year ago - GlobeNewsWire