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ELME

Elme Communities NYSE:ELME Stock Report

Last Price

US$19.15

Market Cap

US$1.7b

7D

2.4%

1Y

-21.6%

Updated

02 Feb, 2023

Data

Company Financials +

ELME Stock Overview

Elme Communities owns and operates uniquely positioned real estate assets in the Washington Metro area.

ELME fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends2/6

My Notes

New

Notes are coming soon

Elme Communities Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Elme Communities
Historical stock prices
Current Share PriceUS$19.15
52 Week HighUS$26.12
52 Week LowUS$16.14
Beta0.96
1 Month Change8.25%
3 Month Change1.97%
1 Year Change-21.64%
3 Year Change-38.52%
5 Year Change-26.12%
Change since IPO53.20%

Recent News & Updates

Elme Communities: May Have Missed The Multifamily Train

Jan 18

Elme Communities goes ex-dividend tomorrow

Dec 20

Recent updates

Elme Communities: May Have Missed The Multifamily Train

Jan 18

Elme Communities goes ex-dividend tomorrow

Dec 20

Elme Communities CFO Stephen Riffee to retire

Nov 09

Washington Real Estate: Too Concentrated In Just One Economic Region

Sep 19

Washington Real Estate Investment Trust: Shares Are Starting To Look Unappealing

May 28

Washington Real Estate Investment Trust: Still Expensive

Oct 29

Washington REIT Is Becoming An Apartment REIT: Buy, Hold Or Sell?

Aug 11

Washington Real Estate Investment Trust: Short-Term Pain Is Long-Term Gain

Jul 13

Washington Real Estate Investment Trust: Expensive Despite A Massive Transformation

Jun 30

WashREIT to sell office portfolio to Brookfield Asset Management for $766M

Jun 15

Here's Why Shareholders Should Examine Washington Real Estate Investment Trust's (NYSE:WRE) CEO Compensation Package More Closely

May 21
Here's Why Shareholders Should Examine Washington Real Estate Investment Trust's (NYSE:WRE) CEO Compensation Package More Closely

Washington Real Estate Investment Trust 2021 Q1 - Results - Earnings Call Presentation

Apr 30

Washington Real Estate Q1 Earnings Preview

Apr 27

Washington Real Estate Investment Trust (NYSE:WRE) Just Reported Full-Year Earnings: Have Analysts Changed Their Mind On The Stock?

Feb 18
Washington Real Estate Investment Trust (NYSE:WRE) Just Reported Full-Year Earnings: Have Analysts Changed Their Mind On The Stock?

How Much Did Washington Real Estate Investment Trust's(NYSE:WRE) Shareholders Earn From Share Price Movements Over The Last Year?

Feb 03
How Much Did Washington Real Estate Investment Trust's(NYSE:WRE) Shareholders Earn From Share Price Movements Over The Last Year?

Our Take On Washington Real Estate Investment Trust's (NYSE:WRE) CEO Salary

Dec 30
Our Take On Washington Real Estate Investment Trust's (NYSE:WRE) CEO Salary

Washington REIT: 5.6% Yield And Banking On The Nation's Capital

Dec 23

Washington Real Estate goes ex-dividend tomorrow

Dec 21

WashREIT closes two office properties sale for $106.5M

Dec 17

Washington Real Estate Investment Trust (WRE) Investor Presentation - Slideshow

Oct 30

Shareholder Returns

ELMEUS REITsUS Market
7D2.4%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

Is ELME's price volatile compared to industry and market?
ELME volatility
ELME Average Weekly Movement4.0%
REITs Industry Average Movement4.4%
Market Average Movement6.8%
10% most volatile stocks in US Market17.5%
10% least volatile stocks in US Market2.8%

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

FoundedEmployeesCEOWebsite
196053Paul McDermotthttps://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

How do Elme Communities's earnings and revenue compare to its market cap?
ELME fundamental statistics
Market CapUS$1.68b
Earnings (TTM)-US$34.37m
Revenue (TTM)US$198.54m

8.4x

P/S Ratio

-48.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ELME income statement (TTM)
RevenueUS$198.54m
Cost of RevenueUS$78.05m
Gross ProfitUS$120.49m
Other ExpensesUS$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 Margin60.69%
Net Profit Margin-17.31%
Debt/Equity Ratio42.2%

How did ELME perform over the long term?

See historical performance and comparison

Dividends

3.6%

Current Dividend Yield

105%

Payout Ratio