Elme Communities

NYSE:ELME Stock Report

Market Cap: US$141.3m

Elme Communities Future Growth

Future criteria checks 0/6

We currently don't have sufficient analyst coverage to forecast growth and revenue for Elme Communities.

Key information

n/a

Earnings growth rate

n/a

EPS growth rate

Residential REITs earnings growth-7.4%
Revenue growth raten/a
Future return on equityn/a
Analyst coverage

None

Last updatedn/a

Recent future growth updates

Recent updates

Seeking Alpha • 8h

Elme Communities: A Liquidation Stub With One Missing Piece

Summary Elme Communities is now a liquidation stub, with value hinging on property sales and debt repayment. ELME has distributed $14.67/share; the remaining value depends on selling Riverside Apartments and other assets. The Hold rating reflects uncertainty: upside exists if Riverside sells near $280M, but downside risk is significant if it sells lower. Key risks include Riverside's sale price, liquidation timing, rising debt costs, and management's incentive structure. Read the full article on Seeking Alpha
Narrative Update • Feb 26

ELME: Liquidation Distributions Will Deliver Attractive Cash Returns Despite Lower Sale Proceeds

Analysts have modestly revised their price view on Elme Communities, keeping the fair value estimate around $18.00 while adjusting underlying assumptions such as the discount rate, profit margin, and future P/E to reflect updated expectations for risk and earnings quality. What's in the News Elme Communities updated its estimate for total liquidating distributions to a range of US$17.02 to US$17.47 per common share, including the initial US$14.67 per share distribution paid in January 2026.
Narrative Update • Feb 11

ELME: Liquidation Distributions Will Drive Attractive Cash Returns Through Asset Sales

Analysts have maintained their price target for Elme Communities at $18.00, citing updated assumptions that now reflect a higher discount rate, a steeper 76% revenue decline outlook, and a very large future P/E multiple that together offset a slightly lower profit margin expectation. What's in the News Elme Communities announced a plan of sale and liquidation and has been reducing its workforce, with approximately 117 employees remaining as of November 14, 2025, including about 73 in community management roles (company disclosure).
Narrative Update • Jan 26

ELME: Liquidation Plan And $14.67 Distribution Will Drive Future Cash Returns

Analysts now hold Elme Communities at a steady fair value of $18.00 per share, reflecting a slightly higher implied future P/E and a small trim to profit margin assumptions guiding this unchanged price target. What's in the News Board approves a special liquidating distribution of $14.67 per share, payable on January 7, 2026 to shareholders of record on December 22, 2025 (Special Dividend Announced).
Narrative Update • Jan 11

ELME: Liquidation Plan And $14.67 Distribution Will Drive Future Cash Returns

Analysts have maintained their fair value estimate for Elme Communities at $18.00. They cite a higher discount rate of 10.73%, slightly stronger profit margin assumptions at 17.23%, and a very high forward P/E of about 252x as key factors behind the unchanged price target.
Narrative Update • Dec 24

ELME: Liquidation Payout And Asset Sales Will Reshape Future Cash Returns

Analysts have raised their price target on Elme Communities from 13 dollars to 18 dollars, citing a lower discount rate and still-solid profit margins despite sharply reduced revenue growth expectations and a much higher projected future P E multiple. What's in the News Board of Trustees approved a special liquidating distribution of $14.67 per share, payable January 7, 2026 to shareholders of record on December 22, 2025 (company announcement) Company is implementing workforce reductions following the sale of 19 multifamily assets and adoption of a plan of sale and liquidation, with headcount reduced to about 117 employees as of November 14, 2025 (company filing) Reported real estate impairment charges totaling approximately $111.7 million for the year ended September 30, 2025 (company disclosure) Reported no share repurchases from July 1 to September 30, 2025 under the buyback program announced in October 2023 (company disclosure) Scheduled a special or extraordinary shareholders meeting for October 30, 2025, to be held via online portal meetnow.global/m9fjr5r (company notice) Valuation Changes The fair value target increased from 13 dollars to 18.00 dollars, indicating a materially higher implied equity valuation.
Narrative Update • Sep 12

Robust Multifamily Trends Will Boost Future Asset Sales

Despite notable improvements in both net profit margin and revenue growth forecasts, the consensus analyst price target for Elme Communities has been sharply reduced from $18.33 to $13.00. What's in the News Elme Communities Board has approved a $1.6 billion portfolio sale of 19 assets to Cortland Partners, with transaction closure expected in Q4, pending shareholder approval.
User avatar
New Narrative • Mar 24

Resident Services And Renovations Will Modernize Washington Metro Area

Strategic initiatives like the Board review and Resident Services launch aim to boost revenue, operational efficiency, and shareholder value.
Seeking Alpha • Jan 23

Elme Communities: Lack Of Near-Term Catalyst Post-Turnaround Points To A Hold

Summary ELME, a REIT focused on multifamily residential buildings in Washington and Atlanta, has streamlined its business but hasn't seen market rewards. Despite a solid strategy, ELME is hindered by scale; potential catalysts include opportunistic acquisitions within core markets. Renovations and operational improvements are key to increasing NOI, with various optimization initiatives adding value. ELME is a Hold, with shares fairly valued. Read the full article on Seeking Alpha
Seeking Alpha • Dec 02

Elme Communities: Shares Valued Fairly As DC Metro Market Tops Expectations

Summary ELME Communities owns and operates value-add multifamily properties in the DC metro and Atlanta metro regions of the U.S. The REIT has benefitted from strong operating strength in the DC metro, a market that has been one of the best performing nationally in 2024. The market has benefitted from a combination of low supply growth and robust market wage growth. The competitive advantages of the DC metro have been offset to a degree by underperformance in the Atlanta metro. I view ELME stock as fairly valued as further supply growth looms in 2025. Read the full article on Seeking Alpha
Seeking Alpha • Jul 18

Elme Communities: Doesn't Seem Worth The Risks

Summary Elme Communities owns and operates apartment communities in Washington, DC and Atlanta. Though multifamily landlords have been enjoying a strong tailwind due to the high cost of financing the purchase of a home today, this REIT has struggled. While the shares are trading at a discount to NAV, there's a good chance we won't see a recovery soon enough because of risks that the market has correctly assessed. Read the full article on Seeking Alpha

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Elme Communities has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Earnings and Revenue Growth Forecasts

NYSE:ELME - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
10/31/2025248-1857575N/A
9/30/2025247-1358686N/A
6/30/2025246-159191N/A
3/31/2025244-149090N/A
12/31/2024242-139595N/A
9/30/2024240-139394N/A
6/30/2024235-548888N/A
3/31/2024232-538990N/A
12/31/2023228-538485N/A
9/30/2023225-548384N/A
6/30/2023223-218485N/A
3/31/2023217-277981N/A
12/31/2022209-317173N/A
9/30/2022199-347374N/A
6/30/2022186-465859N/A
3/31/2022176-546061N/A
12/31/2021169-548989N/A
9/30/2021167-629595N/A
6/30/2021168-47126126N/A
3/31/2021171-42121121N/A
12/31/2020176-41113113N/A
9/30/202021429123124N/A
6/30/202025026121122N/A
3/31/202028332132132N/A
12/31/2019177-6130131N/A
9/30/2019300-27N/A138N/A
6/30/2019291-18N/A137N/A
3/31/2019290-7N/A138N/A
12/31/20182921N/A147N/A
9/30/20183013N/A138N/A
6/30/20183137N/A136N/A
3/31/201832110N/A137N/A
12/31/2017280-4N/A131N/A
9/30/201732123N/A123N/A
6/30/201731899N/A119N/A
3/31/2017314123N/A113N/A
12/31/2016313119N/A115N/A
9/30/2016315176N/A119N/A
6/30/201631497N/A116N/A
3/31/201630962N/A106N/A
12/31/201530689N/A109N/A
9/30/201530230N/A94N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if ELME's forecast earnings growth is above the savings rate (3.5%).

Earnings vs Market: Insufficient data to determine if ELME's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if ELME's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if ELME's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if ELME's revenue is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if ELME's Return on Equity is forecast to be high in 3 years time

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/06 09:13
End of Day Share Price 2026/07/06 00:00
Earnings2025/10/31
Annual Earnings2025/10/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 10 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David RodgersBaird
Christopher LucasCapital One Securities, Inc.
Mitchell GermainCitizens JMP Securities, LLC