Symbols / ELME Stock $2.04 +0.00% Elme Communities

Real Estate • REIT - Residential • United States • NYQ
ELME (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Real Estate
Industry REIT - Residential
CEO Mr. Paul T. McDermott
Exch · Country NYQ · United States
Market Cap 181.27M
Enterprise Value 884.10M
Income -185.31M
Sales 247.63M
FCF (ttm) —
Book/sh 10.31
Cash/sh 0.08
Employees —
Insider 10d —
IPO Mar 17, 1980
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 196.72%
P/E —
Forward P/E -18.55
PEG 43.49
P/S 0.73
P/B 0.20
P/C —
EV/EBITDA 10.89
EV/Sales 3.57
Quick Ratio —
Current Ratio —
Debt/Eq 78.05
LT Debt/Eq —
EPS (ttm) -1.49
EPS next Y -0.11
EPS Growth —
Revenue Growth 1.70%
EPS Gr Q/Q —
Rev Gr Q/Q —
Earnings (next) 2026-08-04
Earnings (prior) 2026-02-27
ROA —
ROE —
ROIC —
Gross Margin 59.25%
Oper. Margin -3.44%
Profit Margin -74.71%
Shs Outstand 88.86M
Shs Float 74.64M
Insider Own 1.66%
Instit Own 81.42%
Short Float 3.45%
Short Ratio 2.51
Short Interest 3.02M
52W High 17.68
vs 52W High -88.46%
52W Low 1.98
vs 52W Low 3.03%
Beta 0.77
Impl. Vol. 25.00%
Rel Volume 0.38
Avg Volume 1.23M
Volume 471.76K
Target (mean) $18.00
Tgt Median $18.00
Tgt Low $18.00
Tgt High $18.00
# Analysts 1
Recom None
Prev Close $2.04
Price $2.04
Change 0.00%
About

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. Elme Communities was incorporated in 1960 in Maryland.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$18.00
Mean price target
2. Current target
$2.04
Latest analyst target
3. DCF / Fair value
$18.00
Proxy: analyst mean price target (no FCF/EPS data available).
Ratings
Current target
$2.04
Low
$18.00
High
$18.00
Mean
$18.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-10-21 main JP Morgan Neutral → Neutral $18
2025-09-11 down Truist Securities Buy → Hold $2
2025-08-05 main Wells Fargo Equal-Weight → Equal-Weight $18
2025-02-20 main Wells Fargo Equal-Weight → Equal-Weight $19
2024-12-17 down JP Morgan Overweight → Neutral $18
2024-10-21 init Wolfe Research — → Peer Perform —
2024-09-16 main JP Morgan Overweight → Overweight $19
2024-09-13 main Wells Fargo Equal-Weight → Equal-Weight $17
2024-05-15 main Truist Securities Hold → Hold $16
2023-12-18 up JP Morgan Neutral → Overweight $18
2023-11-09 main Wells Fargo Equal-Weight → Equal-Weight $14
2023-09-12 main Wells Fargo Equal-Weight → Equal-Weight $15
2023-06-28 main Truist Securities Hold → Hold $18
2023-02-21 main Truist Securities — → Hold $19
2023-01-11 down BTIG Buy → Neutral —
2022-11-29 main Truist Securities — → Hold $19
2022-11-22 main Wells Fargo — → Equal-Weight $19
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2025-12-15 GOITIA ELLEN M. Director — 2,883 $0.00 $0
2025-12-15 BANNER JENNIFER S Director — 2,883 $0.00 $0
2025-12-15 CARRAS SUSAN Director — 2,883 $0.00 $0
2025-12-15 BUTCHER BENJAMIN S. Director — 2,883 $0.00 $0
2025-12-15 WINNS ANTHONY L Director — 2,883 $0.00 $0
2025-12-15 STURZENEGGER RON D Director — 2,883 $0.00 $0
2025-12-15 NOLAN THOMAS H. JR. Director — 2,883 $0.00 $0
2025-11-19 FREISHTAT STEVEN Chief Financial Officer — 78,860 $0.00 $0
2025-11-19 BUTCHER TIFFANY MICHELLE Chief Operating Officer — 140,378 $0.00 $0
2025-11-19 MCDERMOTT PAUL T Chief Executive Officer — 418,978 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total Revenue
241.94
+6.15%
227.91
+8.85%
209.38
+23.78%
169.15
Operating Revenue
241.94
+6.15%
227.91
+8.85%
209.38
+23.78%
169.15
Cost Of Revenue
97.56
+10.94%
87.94
+7.98%
81.44
+21.70%
66.92
Reconciled Cost Of Revenue
97.56
+10.94%
87.94
+7.98%
81.44
+85.04%
44.01
Gross Profit
144.37
+3.14%
139.97
+9.40%
127.94
+25.14%
102.24
Operating Expense
120.90
+5.28%
114.84
-4.29%
119.98
+19.75%
100.19
Selling General And Administration
24.97
-3.55%
25.89
-8.39%
28.26
+2.61%
27.54
General And Administrative Expense
24.97
-3.55%
25.89
-8.39%
28.26
+2.61%
27.54
Other Gand A
24.97
-3.55%
25.89
-8.39%
28.26
+2.61%
27.54
Other Operating Expenses
—
—
9.69
+45.98%
6.63
Total Expenses
218.47
+7.74%
202.78
+0.67%
201.42
+20.53%
167.11
Operating Income
23.47
-6.63%
25.14
+215.66%
7.96
+289.96%
2.04
Total Operating Income As Reported
23.47
+201.76%
-23.06
-1238.54%
-1.72
+62.49%
-4.59
EBITDA
120.67
+81.72%
66.40
-22.60%
85.79
+12.17%
76.48
Normalized EBITDA
120.81
+5.37%
114.66
+14.20%
100.40
-1.29%
101.71
Reconciled Depreciation
95.94
+7.85%
88.95
-3.02%
91.72
-4.02%
95.56
EBIT
24.73
+209.69%
-22.55
-280.36%
-5.93
+68.93%
-19.08
Total Unusual Items
-0.15
+99.70%
-48.25
-230.43%
-14.60
+42.12%
-25.23
Total Unusual Items Excluding Goodwill
-0.15
+99.70%
-48.25
-230.43%
-14.60
+42.12%
-25.23
Special Income Charges
-0.15
+99.70%
-48.25
-230.43%
-14.60
+24.58%
-19.36
Other Special Charges
0.15
+172.22%
0.05
-98.90%
4.92
-61.37%
12.73
Impairment Of Capital Assets
0.00
-100.00%
41.86
0.00
0.00
Restructuring And Mergern Acquisition
0.00
-100.00%
6.34
-34.56%
9.69
+45.98%
6.63
Net Income
-13.10
+75.27%
-52.98
-71.62%
-30.87
-288.40%
16.38
Pretax Income
-13.10
+75.27%
-52.98
-71.62%
-30.87
+41.91%
-53.14
Net Non Operating Interest Income Expense
-37.84
-24.34%
-30.43
-22.01%
-24.94
+26.78%
-34.06
Interest Expense Non Operating
37.84
+24.34%
30.43
+22.01%
24.94
-26.78%
34.06
Net Interest Income
-37.84
-24.34%
-30.43
-22.01%
-24.94
+26.78%
-34.06
Interest Expense
37.84
+24.34%
30.43
+22.01%
24.94
-26.78%
34.06
Other Income Expense
1.26
+102.65%
-47.68
-243.27%
-13.89
+34.23%
-21.12
Other Non Operating Income Expenses
1.41
+147.80%
0.57
-20.08%
0.71
-82.67%
4.11
Gain On Sale Of Security
—
—
—
-5.87
Tax Rate For Calcs
0.00
0.00
0.00
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
-13.10
+75.27%
-52.98
-71.62%
-30.87
-288.40%
16.38
Net Income From Continuing Operation Net Minority Interest
-13.10
+75.27%
-52.98
-71.62%
-30.87
+41.91%
-53.14
Net Income From Continuing And Discontinued Operation
-13.10
+75.27%
-52.98
-71.62%
-30.87
-288.40%
16.38
Net Income Continuous Operations
-13.10
+75.27%
-52.98
-71.62%
-30.87
+41.91%
-53.14
Net Income Discontinuous Operations
—
0.00
0.00
-100.00%
69.52
Normalized Income
-12.96
-174.26%
-4.72
+70.96%
-16.27
+41.73%
-27.91
Net Income Common Stockholders
-13.39
+74.85%
-53.23
-71.16%
-31.10
-294.48%
15.99
Otherunder Preferred Stock Dividend
0.29
+12.55%
0.26
+9.91%
0.23
-40.97%
0.39
Diluted EPS
-0.15
+75.41%
-0.61
-69.44%
-0.36
-289.47%
0.19
Basic EPS
-0.15
+75.41%
-0.61
-69.44%
-0.36
-289.47%
0.19
Basic Average Shares
87.92
+0.21%
87.73
+0.40%
87.39
+3.36%
84.54
Diluted Average Shares
87.92
+0.21%
87.73
+0.40%
87.39
+3.36%
84.54
Diluted NI Availto Com Stockholders
-13.39
+74.85%
-53.23
-71.16%
-31.10
-294.48%
15.99
Depreciation Amortization Depletion Income Statement
95.94
+7.85%
88.95
-3.02%
91.72
+26.24%
72.66
Depreciation And Amortization In Income Statement
95.94
+7.85%
88.95
-3.02%
91.72
+26.24%
72.66
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
2,114.28
+14.55%
1,845.76
-2.86%
1,900.03
+1.46%
1,872.61
Current Assets
1,337.86
+6234.55%
21.12
-19.33%
26.18
-0.07%
26.20
Cash Cash Equivalents And Short Term Investments
1,331.88
+21577.77%
6.14
+2.67%
5.98
-28.67%
8.39
Cash And Cash Equivalents
1,331.88
+21577.77%
6.14
+2.67%
5.98
-28.67%
8.39
Receivables
5.97
-52.25%
12.51
-29.08%
17.64
+7.93%
16.35
Accounts Receivable
5.97
-52.25%
12.51
-29.08%
17.64
+7.93%
16.35
Prepaid Assets
—
—
—
—
Restricted Cash
—
2.46
-3.48%
2.55
+74.57%
1.46
Assets Held For Sale Current
—
—
—
—
Other Current Assets
—
—
—
—
Total Non Current Assets
776.42
-57.45%
1,824.64
-2.63%
1,873.85
+1.49%
1,846.41
Other Non Current Assets
—
28.63
+6.92%
26.77
+4.06%
25.73
Total Liabilities Net Minority Interest
1,875.37
+145.57%
763.68
+2.41%
745.68
+22.48%
608.82
Current Liabilities
1,311.77
+459.51%
234.45
+7.99%
217.11
+105.02%
105.90
Payables And Accrued Expenses
1,311.77
+2413.40%
52.19
-4.87%
54.86
+11.23%
49.32
Payables
1,311.77
+2413.40%
52.19
-4.87%
54.86
+11.23%
49.32
Accounts Payable
8.04
-77.84%
36.29
-6.93%
39.00
+13.41%
34.39
Other Payable
1,303.72
—
—
—
Dividends Payable
—
15.90
+0.22%
15.86
+6.22%
14.93
Current Debt And Capital Lease Obligation
—
176.00
+12.10%
157.00
+185.45%
55.00
Current Debt
—
176.00
+12.10%
157.00
+185.45%
55.00
Current Deferred Liabilities
—
6.26
+19.23%
5.25
+232.57%
1.58
Current Deferred Revenue
—
6.26
+19.23%
5.25
+232.57%
1.58
Total Non Current Liabilities Net Minority Interest
563.60
+6.49%
529.24
+0.13%
528.57
+5.10%
502.92
Long Term Debt And Capital Lease Obligation
520.00
-0.56%
522.95
+0.12%
522.35
+5.02%
497.36
Long Term Debt
520.00
-0.56%
522.95
+0.12%
522.35
+5.02%
497.36
Non Current Deferred Liabilities
43.60
—
—
—
Other Non Current Liabilities
—
6.28
+0.93%
6.22
+11.90%
5.56
Stockholders Equity
238.64
-77.94%
1,081.80
-6.26%
1,154.06
-8.66%
1,263.49
Common Stock Equity
238.64
-77.94%
1,081.80
-6.26%
1,154.06
-8.66%
1,263.49
Capital Stock
—
0.88
+0.11%
0.88
+0.46%
0.88
Common Stock
—
0.88
+0.11%
0.88
+0.46%
0.88
Preferred Stock
—
0.00
0.00
0.00
Share Issued
88.60
+0.65%
88.03
+0.18%
87.87
+0.38%
87.53
Ordinary Shares Number
88.60
+0.65%
88.03
+0.18%
87.87
+0.38%
87.53
Additional Paid In Capital
—
1,740.08
+0.26%
1,735.53
+0.33%
1,729.85
Retained Earnings
—
-646.10
-13.47%
-569.39
-25.69%
-453.01
Gains Losses Not Affecting Retained Earnings
—
-13.07
-0.83%
-12.96
+8.96%
-14.23
Minority Interest
—
0.28
-3.10%
0.29
-2.68%
0.30
Other Equity Adjustments
—
-13.07
-0.83%
-12.96
+8.96%
-14.23
Total Equity Gross Minority Interest
238.91
-77.92%
1,082.08
-6.26%
1,154.35
-8.66%
1,263.79
Total Capitalization
758.64
-52.73%
1,604.75
-4.27%
1,676.40
-4.80%
1,760.85
Working Capital
26.09
+112.23%
-213.33
-11.73%
-190.93
-139.56%
-79.70
Invested Capital
520.00
-70.80%
1,780.75
-2.87%
1,833.40
+0.97%
1,815.85
Total Debt
520.00
-25.60%
698.95
+2.89%
679.35
+22.99%
552.36
Net Debt
—
692.81
+2.89%
673.36
+23.79%
543.97
Net Tangible Assets
238.64
-77.94%
1,081.80
-6.26%
1,154.06
-8.66%
1,263.49
Tangible Book Value
238.64
-77.94%
1,081.80
-6.26%
1,154.06
-8.66%
1,263.49
Investment Properties
776.42
-56.77%
1,796.01
-2.76%
1,847.07
+1.45%
1,820.68
Line Of Credit
—
176.00
+12.10%
157.00
+185.45%
55.00
Line Item Trend 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow
95.24
+12.49%
84.67
+15.65%
73.21
-17.88%
89.16
Cash Flow From Continuing Operating Activities
95.24
+12.49%
84.67
+15.65%
73.21
-17.88%
89.16
Net Income From Continuing Operations
-13.10
+75.27%
-52.98
-71.62%
-30.87
-288.40%
16.38
Depreciation Amortization Depletion
95.94
+7.85%
88.95
-3.02%
91.72
-4.02%
95.56
Depreciation And Amortization
95.94
+7.85%
88.95
-3.02%
91.72
-4.02%
95.56
Other Non Cash Items
3.01
-28.62%
4.22
+4.10%
4.05
-6.31%
4.33
Stock Based Compensation
5.22
-5.78%
5.54
-30.67%
7.99
-6.61%
8.55
Provisionand Write Offof Assets
5.16
+6.85%
4.83
+94.64%
2.48
+0.04%
2.48
Asset Impairment Charge
0.00
-100.00%
41.86
0.00
0.00
Operating Gains Losses
0.15
+172.22%
0.05
-98.90%
4.92
+117.66%
-27.85
Gain Loss On Investment Securities
—
—
—
-40.58
Change In Working Capital
-1.13
+85.54%
-7.81
-10.22%
-7.08
+31.23%
-10.30
Change In Other Current Assets
-6.89
+38.96%
-11.29
-604.99%
-1.60
+65.78%
-4.68
Change In Other Current Liabilities
5.76
+65.33%
3.49
+163.62%
-5.48
+2.46%
-5.62
Investing Cash Flow
-43.74
+70.09%
-146.22
+39.37%
-241.16
-134.35%
702.17
Cash Flow From Continuing Investing Activities
-43.74
+70.09%
-146.22
+39.37%
-241.16
-134.35%
702.17
Net Other Investing Changes
3.65
+994.61%
-0.41
-184.82%
0.48
+1081.63%
-0.05
Financing Cash Flow
-51.43
-185.38%
60.24
+206.77%
-56.42
+90.02%
-565.40
Cash Flow From Continuing Financing Activities
-51.43
-185.38%
60.24
+206.77%
-56.42
+90.02%
-565.40
Net Issuance Payments Of Debt
19.00
-85.04%
127.00
+688.02%
-21.60
+95.71%
-503.89
Issuance Of Debt
19.00
-91.63%
227.00
0.00
0.00
Repayment Of Debt
0.00
+100.00%
-100.00
-30.55%
-76.60
+83.42%
-461.89
Long Term Debt Issuance
19.00
-91.63%
227.00
0.00
0.00
Long Term Debt Payments
0.00
+100.00%
-100.00
-30.55%
-76.60
+83.42%
-461.89
Net Long Term Debt Issuance
19.00
-85.04%
127.00
+265.80%
-76.60
+83.42%
-461.89
Short Term Debt Issuance
—
—
55.00
—
Short Term Debt Payments
—
—
—
-42.00
Net Short Term Debt Issuance
19.00
-81.37%
102.00
+85.45%
55.00
+230.95%
-42.00
Net Common Stock Issuance
0.00
0.00
-100.00%
26.85
-33.64%
40.46
Common Stock Dividend Paid
-63.64
+1.09%
-64.33
-8.38%
-59.36
+34.57%
-90.73
Cash Dividends Paid
-63.64
+1.09%
-64.33
-8.38%
-59.36
+34.57%
-90.73
Net Other Financing Charges
-1.12
+29.25%
-1.58
+30.11%
-2.27
+64.49%
-6.38
Changes In Cash
0.07
+105.40%
-1.31
+99.41%
-224.37
-199.31%
225.93
Beginning Cash Position
8.54
-13.34%
9.85
-95.79%
234.22
+2725.33%
8.29
End Cash Position
8.61
+0.83%
8.54
-13.34%
9.85
-95.79%
234.22
Free Cash Flow
95.24
+12.49%
84.67
+15.65%
73.21
-17.88%
89.16
Interest Paid Supplemental Data
32.22
+37.09%
23.50
+12.76%
20.84
-23.28%
27.17
Common Stock Issuance
0.00
0.00
-100.00%
26.85
-33.64%
40.46
Interest Paid CFF
-5.68
-572.51%
-0.84
-2064.10%
-0.04
+99.20%
-4.86
Issuance Of Capital Stock
0.00
0.00
-100.00%
26.85
-33.64%
40.46
Net Investment Properties Purchase And Sale
-47.39
+67.50%
-145.81
+39.66%
-241.64
-134.41%
702.22
Purchase Of Investment Properties
-47.39
+67.50%
-145.81
+39.66%
-241.64
-23.56%
-195.56
Sale Of Investment Properties
—
0.00
0.00
-100.00%
897.78
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Trades
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