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ELME

Elme Communities NYSE:ELME Stock Report

Last Price

US$19.21

Market Cap

US$1.7b

7D

-2.8%

1Y

-25.4%

Updated

07 Dec, 2022

Data

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

ELME Stock Overview

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

Elme Communities Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Elme Communities
Historical stock prices
Current Share PriceUS$19.21
52 Week HighUS$26.79
52 Week LowUS$16.14
Beta0.91
1 Month Change2.89%
3 Month Change-4.14%
1 Year Change-25.43%
3 Year Change-36.07%
5 Year Change-40.51%
Change since IPO53.68%

Recent News & Updates

Elme Communities CFO Stephen Riffee to retire

Nov 09

Recent updates

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 (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

Shareholder Returns

ELMEUS REITsUS Market
7D-2.8%-3.0%-3.7%
1Y-25.4%-22.8%-21.2%

Return vs Industry: ELME underperformed the US REITs industry which returned -22.4% over the past year.

Return vs Market: ELME underperformed the US Market which returned -20.6% over the past year.

Price Volatility

Is ELME's price volatile compared to industry and market?
ELME volatility
ELME Average Weekly Movement4.9%
REITs Industry Average Movement5.2%
Market Average Movement7.4%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market3.3%

Stable Share Price: ELME is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: ELME's weekly volatility (5%) 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

8.5x

P/S Ratio

-48.9x

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

n/a

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

3.5%

Current Dividend Yield

105%

Payout Ratio

Does ELME pay a reliable dividends?

See ELME dividend history and benchmarks
When do you need to buy ELME by to receive an upcoming dividend?
Elme Communities dividend dates
Ex Dividend DateDec 21 2022
Dividend Pay DateJan 05 2023
Days until Ex dividend12 days
Days until Dividend pay date27 days

Does ELME pay a reliable dividends?

See ELME dividend history and benchmarks