Elme Communities

NYSE:ELME Stock Report

Market Cap: US$1.3b

Elme Communities Management

Management criteria checks 3/4

Elme Communities' CEO is Paul McDermott, appointed in Oct 2013, has a tenure of 11.17 years. total yearly compensation is $3.71M, comprised of 20.2% salary and 79.8% bonuses, including company stock and options. directly owns 0.67% of the company’s shares, worth $8.88M. The average tenure of the management team and the board of directors is 1.5 years and 9.9 years respectively.

Key information

Paul McDermott

Chief executive officer

US$3.7m

Total compensation

CEO salary percentage20.2%
CEO tenure11.2yrs
CEO ownership0.7%
Management average tenure1.5yrs
Board average tenure9.9yrs

Recent management updates

Recent updates

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

Dec 02

Elme Communities: Doesn't Seem Worth The Risks

Jul 18

Elme Communities: Positive Developments, Neutral View On Shares

Oct 31

ELME Communities: Executing On Transformation Efforts, Shares Fairly Valued

Aug 24

Elme Communities: Investing In Smart Technologies To Grow FFO

Jun 21

Elme Communities Q4 Earnings Preview

Feb 15

Elme Communities: May Have Missed The Multifamily Train

Jan 18

Elme Communities goes ex-dividend tomorrow

Dec 20

CEO Compensation Analysis

How has Paul McDermott's remuneration changed compared to Elme Communities's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$13m

Jun 30 2024n/an/a

-US$54m

Mar 31 2024n/an/a

-US$53m

Dec 31 2023US$4mUS$750k

-US$53m

Sep 30 2023n/an/a

-US$54m

Jun 30 2023n/an/a

-US$21m

Mar 31 2023n/an/a

-US$27m

Dec 31 2022US$5mUS$750k

-US$31m

Sep 30 2022n/an/a

-US$34m

Jun 30 2022n/an/a

-US$46m

Mar 31 2022n/an/a

-US$54m

Dec 31 2021US$4mUS$750k

-US$54m

Sep 30 2021n/an/a

-US$62m

Jun 30 2021n/an/a

-US$47m

Mar 31 2021n/an/a

-US$42m

Dec 31 2020US$5mUS$750k

-US$41m

Sep 30 2020n/an/a

US$29m

Jun 30 2020n/an/a

US$26m

Mar 31 2020n/an/a

US$32m

Dec 31 2019US$4mUS$650k

-US$6m

Sep 30 2019n/an/a

-US$27m

Jun 30 2019n/an/a

-US$18m

Mar 31 2019n/an/a

-US$7m

Dec 31 2018US$4mUS$650k

US$627k

Sep 30 2018n/an/a

US$3m

Jun 30 2018n/an/a

US$7m

Mar 31 2018n/an/a

US$10m

Dec 31 2017US$7mUS$650k

-US$4m

Compensation vs Market: Paul's total compensation ($USD3.71M) is below average for companies of similar size in the US market ($USD5.51M).

Compensation vs Earnings: Paul's compensation has been consistent with company performance over the past year.

CEO

Paul McDermott (62 yo)

11.2yrs

Tenure

US$3,707,826

Compensation

Mr. Paul T. McDermott serves as the Chief Executive Officer, President and Trustee at Elme Communities (formerly known as Washington Real Estate Investment Trust) since October 1, 2013 and has been its Cha...

Leadership Team

NamePositionTenureCompensationOwnership
Paul McDermott
Chairman of Board11.2yrsUS$3.71m0.67%
$ 8.9m
Steven Freishtat
Executive VP & CFO1.8yrsUS$973.81k0.045%
$ 589.8k
Tiffany Butcher
Executive VP & COO1.4yrsUS$1.23m0.042%
$ 551.0k
Susan Gerock
Senior VP of Information Technology & Chief Information Officer8.7yrsUS$968.76k0.065%
$ 859.8k
Wade Hammond
Senior VP1.3yrsUS$725.81k0.056%
$ 739.7k
Daniel Chappell
Vice President of Investmentsno datano datano data
A. Montgomery
Vice President of Researchno datano datano data
Amy Hopkins
Vice President of Investor Relations5.4yrsno datano data
Laurel Howell
Director of Brand & Marketingless than a yearno datano data
Efrem Reid
Vice President of Human Resources1.7yrsno datano data
Whitney Russell
Senior Director of Asset Managementless than a yearno datano data
Katie Fluence
Director of Environmentalless than a yearno datano data

1.5yrs

Average Tenure

49yo

Average Age

Experienced Management: ELME's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Paul McDermott
Chairman of Board11.2yrsUS$3.71m0.67%
$ 8.9m
Thomas Nolan
Independent Trustee9.9yrsUS$179.98k0.0022%
$ 29.7k
Jennifer Banner
Independent Trustee2.6yrsUS$172.48k0%
$ 0
Benjamin Butcher
Lead Independent Trustee10.4yrsUS$200.61k0%
$ 0
Ellen Goitia
Independent Trustee7.5yrsUS$182.48k0.046%
$ 606.4k
Anthony Winns
Independent Trustee13.4yrsUS$176.48k0%
$ 0
Susan Carras
Independent Director1.3yrsUS$44.64k0.0089%
$ 118.0k

9.9yrs

Average Tenure

66yo

Average Age

Experienced Board: ELME's board of directors are considered experienced (9.9 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 05:27
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

Analysis Model and Snowflake

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Industry and Sector Metrics

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Analyst Sources

Elme Communities is covered by 18 analysts. 4 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
Michael GormanBTIG
James SullivanBTIG