WRI Stock Overview
Elme Communities is committed to elevating what home can be for middle-income renters by providing a higher level of quality, service, and experience.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 3/6 |
Elme Communities Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$13.80 |
| 52 Week High | US$15.90 |
| 52 Week Low | US$11.60 |
| Beta | 0.93 |
| 1 Month Change | 13.11% |
| 3 Month Change | 2.22% |
| 1 Year Change | -13.21% |
| 3 Year Change | -25.81% |
| 5 Year Change | -44.73% |
| Change since IPO | -12.10% |
Recent News & Updates
Recent updates
Shareholder Returns
| WRI | DE Residential REITs | DE Market | |
|---|---|---|---|
| 7D | 1.5% | 0% | 0% |
| 1Y | -13.2% | 0% | 0% |
Return vs Industry: WRI underperformed the German Residential REITs industry which returned -10.8% over the past year.
Return vs Market: WRI underperformed the German Market which returned 2.3% over the past year.
Price Volatility
| WRI volatility | |
|---|---|
| WRI Average Weekly Movement | 3.8% |
| 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 has not had significant price volatility in the past 3 months.
Volatility Over Time: WRI's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1960 | 243 | Paul McDermott | www.elmecommunities.com |
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. Focused on providing quality, affordable homes to a deep, solid, and underserved base of mid-market demand, Elme Communities is building long-term value for shareholders.
Elme Communities Fundamentals Summary
| WRI fundamental statistics | |
|---|---|
| Market cap | €1.23b |
| Earnings (TTM) | -€49.62m |
| Revenue (TTM) | €212.46m |
5.8x
P/S Ratio-24.9x
P/E RatioIs WRI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| WRI income statement (TTM) | |
|---|---|
| Revenue | US$227.91m |
| Cost of Revenue | US$87.94m |
| Gross Profit | US$139.97m |
| Other Expenses | US$193.21m |
| Earnings | -US$53.23m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
May 01, 2024
| Earnings per share (EPS) | -0.60 |
| Gross Margin | 61.42% |
| Net Profit Margin | -23.36% |
| Debt/Equity Ratio | 58.9% |
How did WRI perform over the long term?
See historical performance and comparison