Elme Communities (ELME)
| Market Cap | 1.28B |
| Revenue (ttm) | 224.65M |
| Net Income (ttm) | -53.40M |
| Shares Out | 87.83M |
| EPS (ttm) | -0.61 |
| PE Ratio | n/a |
| Forward PE | 477.12 |
| Dividend | $0.72 (4.93%) |
| Ex-Dividend Date | Dec 20, 2023 |
| Volume | 298,589 |
| Open | 14.74 |
| Previous Close | 14.83 |
| Day's Range | 14.56 - 14.78 |
| 52-Week Range | 12.44 - 19.82 |
| Beta | 0.98 |
| Analysts | Hold |
| Price Target | 16.67 (+14.18%) |
| Earnings Date | Feb 15, 2024 |
About ELME
Elme Communities (formerly known as Washington Real Estate Investment Trust or WashREIT) is committed to elevating what home can be for middle-income renters by providing a higher level of quality, service, and experience. The company is a multifamily real estate investment trust that owns and operates approximately 8,900 apartment homes in the Washington, DC metro and the Sunbelt, and owns approximately 300,000 square feet of commercial space. Focused on providing quality, affordable homes to a deep, solid, and underserved base of mid-market d... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for ELME stock is "Hold." The 12-month stock price forecast is $16.67, which is an increase of 14.18% from the latest price.
News
Elme Communities Announces Third Quarter 2023 Results
BETHESDA, Md., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Elme Communities (the “Company”) (NYSE: ELME), a multifamily REIT with communities in the Washington DC metro area and the Atlanta metro area, reported...
Elme Communities to Release Third Quarter 2023 Results on Thursday, October 26th
BETHESDA, Md., Oct. 02, 2023 (GLOBE NEWSWIRE) -- Elme Communities (“Elme”) (NYSE:ELME), a value-oriented multifamily owner and operator, will release third quarter earnings results after market close ...
Elme Communities Welcomes New Board Member, Susan Carras
WASHINGTON, Sept. 13, 2023 (GLOBE NEWSWIRE) -- Elme Communities (NYSE: ELME), a value-oriented multifamily owner and operator, announced today the appointment of Susan Carras as an independent directo...
Elme Communities Announces Second Quarter 2023 Results
WASHINGTON, July 31, 2023 (GLOBE NEWSWIRE) -- Elme Communities (the “Company”) (NYSE: ELME), a multifamily REIT with communities in the Washington DC metro area and the Sunbelt, reported financial and...
Elme Communities Appoints Chief Operating Officer
COO to initially focus on advancing operational initiatives to maximize NOI COO to initially focus on advancing operational initiatives to maximize NOI
Elme Communities to Release Second Quarter 2023 Results on Monday, July 31st
WASHINGTON, June 26, 2023 (GLOBE NEWSWIRE) -- Elme Communities (“Elme”) (NYSE:ELME), a value-oriented multifamily owner and operator, will release second quarter earnings results after market close on...
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Elme Communities Issues 2023 ESG Report
WASHINGTON, May 24, 2023 (GLOBE NEWSWIRE) -- Elme Communities (“Elme” or the “Company”) (NYSE: ELME), a value-driven multifamily owner and operator, announced the publication of its 2023 ESG Report. T...
Debt default would hurt REITs with government exposure, says Morgan Stanley's Ron Kamdem
Ron Kamdem, head of US REITs and commercial real estate at Morgan Stanley, joins 'The Exchange' to discuss how the debt ceiling could impact REITs numbers, consumer spending moving down if the governm...
Elme Communities Announces First Quarter 2023 Results
WASHINGTON, April 27, 2023 (GLOBE NEWSWIRE) -- Elme Communities (the “Company”) (NYSE: ELME), a multifamily REIT with properties in the Washington DC metro area and the Sunbelt, reported financial and...
Elme Communities to Release First Quarter 2023 Results on Thursday, April 27th
WASHINGTON, March 23, 2023 (GLOBE NEWSWIRE) -- Elme Communities (NYSE:ELME) will release first quarter earnings results after market close on Thursday, April 27, 2023. A conference call to discuss the...
Elme Communities Announces Fourth Quarter and Full Year 2022 Results
WASHINGTON, Feb. 16, 2023 (GLOBE NEWSWIRE) -- Elme Communities (the “Company”) (NYSE: ELME), a multifamily REIT with properties in the Washington DC metro area and the Sunbelt, reported financial and ...
Elme Communities Announces 2022 Dividend Income Tax Treatment
WASHINGTON, Jan. 18, 2023 (GLOBE NEWSWIRE) -- Elme Communities (“Elme”) (NYSE:ELME) announced the income tax treatment of its 2022 dividend distributions. This information represents final income allo...
Elme Communities to Release Fourth Quarter 2022 Results on Thursday, February 16th
WASHINGTON, Dec. 21, 2022 (GLOBE NEWSWIRE) -- Elme Communities (“Elme”) (NYSE:ELME) will release fourth quarter earnings results after market close on Thursday, February 16, 2023.
Elme Communities Announces CFO Succession Plan
WASHINGTON, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Elme Communities (“Elme” or the “Company”) (NYSE: ELME), a value-driven multifamily owner and operator, announced the planned retirement of Stephen E. Rif...
Elme Communities Announces Third Quarter 2022 Results
WASHINGTON, Oct. 27, 2022 (GLOBE NEWSWIRE) -- Elme Communities (the “Company”) (NYSE: ELME), a multifamily REIT with properties in the Washington metro area and the Sunbelt, reported financial and ope...
Elme Communities Issues 2022 ESG Report
WASHINGTON, Oct. 25, 2022 (GLOBE NEWSWIRE) -- Elme Communities (“Elme” or the “Company”) (NYSE: ELME), a value-driven multifamily owner and operator, announced the publication of its 2022 ESG Report. ...