ELME Stock Overview
Elme Communities owns and operates uniquely positioned real estate assets in the Washington Metro area.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 2/6 |
My Notes
NewNotes are coming soon
Elme Communities Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$19.15 |
| 52 Week High | US$26.12 |
| 52 Week Low | US$16.14 |
| Beta | 0.96 |
| 1 Month Change | 8.25% |
| 3 Month Change | 1.97% |
| 1 Year Change | -21.64% |
| 3 Year Change | -38.52% |
| 5 Year Change | -26.12% |
| Change since IPO | 53.20% |
Recent News & Updates
Elme Communities: May Have Missed The Multifamily Train
Jan 18Elme Communities goes ex-dividend tomorrow
Dec 20Recent updates
Elme Communities: May Have Missed The Multifamily Train
Jan 18Elme Communities goes ex-dividend tomorrow
Dec 20Elme Communities CFO Stephen Riffee to retire
Nov 09Washington Real Estate: Too Concentrated In Just One Economic Region
Sep 19Washington Real Estate Investment Trust: Shares Are Starting To Look Unappealing
May 28Washington Real Estate Investment Trust: Still Expensive
Oct 29Washington REIT Is Becoming An Apartment REIT: Buy, Hold Or Sell?
Aug 11Washington Real Estate Investment Trust: Short-Term Pain Is Long-Term Gain
Jul 13Washington Real Estate Investment Trust: Expensive Despite A Massive Transformation
Jun 30WashREIT to sell office portfolio to Brookfield Asset Management for $766M
Jun 15Here's Why Shareholders Should Examine Washington Real Estate Investment Trust's (NYSE:WRE) CEO Compensation Package More Closely
May 21
Washington Real Estate Investment Trust 2021 Q1 - Results - Earnings Call Presentation
Apr 30Washington Real Estate Q1 Earnings Preview
Apr 27Washington Real Estate Investment Trust (NYSE:WRE) Just Reported Full-Year Earnings: Have Analysts Changed Their Mind On The Stock?
Feb 18
How Much Did Washington Real Estate Investment Trust's(NYSE:WRE) Shareholders Earn From Share Price Movements Over The Last Year?
Feb 03Our Take On Washington Real Estate Investment Trust's (NYSE:WRE) CEO Salary
Dec 30Washington REIT: 5.6% Yield And Banking On The Nation's Capital
Dec 23Washington Real Estate goes ex-dividend tomorrow
Dec 21WashREIT closes two office properties sale for $106.5M
Dec 17Washington Real Estate Investment Trust (WRE) Investor Presentation - Slideshow
Oct 30Shareholder Returns
| ELME | US REITs | US Market | |
|---|---|---|---|
| 7D | 2.4% | 2.4% | 1.7% |
| 1Y | -21.6% | -13.1% | -9.1% |
Return vs Industry: ELME underperformed the US REITs industry which returned -14.6% over the past year.
Return vs Market: ELME underperformed the US Market which returned -12.5% over the past year.
Price Volatility
| ELME volatility | |
|---|---|
| ELME Average Weekly Movement | 4.0% |
| REITs Industry Average Movement | 4.4% |
| Market Average Movement | 6.8% |
| 10% most volatile stocks in US Market | 17.5% |
| 10% least volatile stocks in US Market | 2.8% |
Stable Share Price: ELME is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: ELME's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1960 | 53 | Paul McDermott | https://www.elmecommunities.com |
Elme Communities owns and operates uniquely positioned real estate assets in the Washington Metro area. Backed by decades of experience, expertise and ambition, we create value by transforming insights into strategy and strategy into action. As of October 29, 2020, the Company's portfolio of 45 properties includes approximately 3.7 million square feet of commercial space and 6,863 multifamily apartment units.
Elme Communities Fundamentals Summary
| ELME fundamental statistics | |
|---|---|
| Market Cap | US$1.68b |
| Earnings (TTM) | -US$34.37m |
| Revenue (TTM) | US$198.54m |
8.4x
P/S Ratio-48.8x
P/E RatioIs ELME overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ELME income statement (TTM) | |
|---|---|
| Revenue | US$198.54m |
| Cost of Revenue | US$78.05m |
| Gross Profit | US$120.49m |
| Other Expenses | US$154.86m |
| Earnings | -US$34.37m |
Last Reported Earnings
Sep 30, 2022
Next Earnings Date
Feb 16, 2023
| Earnings per share (EPS) | -0.39 |
| Gross Margin | 60.69% |
| Net Profit Margin | -17.31% |
| Debt/Equity Ratio | 42.2% |
How did ELME perform over the long term?
See historical performance and comparison