Elme Communities (ELME)
| Market Cap | 189.29M -85.9% |
| Revenue (ttm) | 247.63M +3.4% |
| Net Income | -185.31M |
| EPS | -2.10 |
| Shares Out | 88.87M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $15.21 (714.09%) |
| Ex-Dividend Date | Jan 8, 2026 |
| Volume | 641,197 |
| Open | 2.140 |
| Previous Close | 2.120 |
| Day's Range | 2.130 - 2.155 |
| 52-Week Range | 1.980 - 17.680 |
| Beta | 0.79 |
| Analysts | Hold |
| Price Target | 12.67 (+494.84%) |
| Earnings Date | May 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.
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 StatementsAnalyst 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.
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.
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...
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...
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...
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 $...
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...
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...
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...
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...
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 ...
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...
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...
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...
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 “...
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...
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 ...
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...
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
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...
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...
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...
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...
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 ...
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 ...
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...