WRI Stock Overview
A Maryland real estate investment trust, formerly known as Washington Real Estate Investment Trust (the “Company”), is a self-administered equity real estate investment trust (“REIT”) within the meaning of Sections 856-860 of the Internal Revenue Code of 1986, as amended (the “Code”) and successor to a trust organized in 1960. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 4/6 |
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Elme Communities Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$13.80 |
| 52 Week High | US$19.40 |
| 52 Week Low | US$12.60 |
| Beta | 0.98 |
| 1 Month Change | 1.47% |
| 3 Month Change | -14.81% |
| 1 Year Change | -3.50% |
| 3 Year Change | -38.94% |
| 5 Year Change | -28.87% |
| Change since IPO | -12.10% |
Recent News & Updates
Recent updates
Shareholder Returns
| WRI | DE Residential REITs | DE Market | |
|---|---|---|---|
| 7D | -4.2% | 0% | 0% |
| 1Y | -3.5% | 0% | 0% |
Return vs Industry: WRI matched the German Residential REITs industry which returned -3% over the past year.
Return vs Market: WRI underperformed the German Market which returned 15.8% over the past year.
Price Volatility
| WRI volatility | |
|---|---|
| WRI Average Weekly Movement | 9.0% |
| Residential REITs Industry Average Movement | 0% |
| Market Average Movement | 0% |
| 10% most volatile stocks in DE Market | 0% |
| 10% least volatile stocks in DE Market | 0% |
Stable Share Price: WRI's share price has been volatile over the past 3 months compared to the German market.
Volatility Over Time: WRI's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of German stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1960 | 255 | Paul McDermott | www.elmecommunities.com |
Elme Communities, a Maryland real estate investment trust, formerly known as Washington Real Estate Investment Trust (the “Company”), is a self-administered equity real estate investment trust (“REIT”) within the meaning of Sections 856-860 of the Internal Revenue Code of 1986, as amended (the “Code”) and successor to a trust organized in 1960. Our business primarily consists of the ownership of apartment communities in the greater Washington, DC metro and Sunbelt regions. As of December 31, 2024, we owned 28 apartment communities and one office property.
Elme Communities Fundamentals Summary
| WRI fundamental statistics | |
|---|---|
| Market cap | €1.22b |
| Earnings (TTM) | -€12.75m |
| Revenue (TTM) | €215.50m |
Is WRI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| WRI income statement (TTM) | |
|---|---|
| Revenue | US$243.92m |
| Cost of Revenue | US$97.87m |
| Gross Profit | US$146.05m |
| Other Expenses | US$160.48m |
| Earnings | -US$14.43m |
Last Reported Earnings
Mar 31, 2025
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.16 |
| Gross Margin | 59.88% |
| Net Profit Margin | -5.91% |
| Debt/Equity Ratio | 66.4% |
How did WRI perform over the long term?
See historical performance and comparisonDividends
Does WRI pay a reliable dividends?
See WRI dividend history and benchmarks| Elme Communities dividend dates | |
|---|---|
| Ex Dividend Date | Jun 17 2025 |
| Dividend Pay Date | Jul 03 2025 |
| Days until Ex dividend | 24 days |
| Days until Dividend pay date | 40 days |
Does WRI pay a reliable dividends?
See WRI dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/23 14:41 |
| End of Day Share Price | 2025/05/22 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Elme Communities is covered by 17 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Rodgers | Baird |
| Michael Gorman | BTIG |
| James Sullivan | BTIG |