Elme Communities Stock Today

ELME Stock  USD 17.08  0.08  0.47%   

Performance

OK

 
Weak
 
Strong

Odds Of Distress

Average

 
High
 
Low
Elme Communities is trading at 17.08 as of the 19th of March 2025, a 0.47 percent up since the beginning of the trading day. The stock's lowest day price was 16.87. Elme Communities has 53 percent odds of going through some form of financial distress in the next two years but had a very ok returns during the last 90 days. The performance scores are derived for the period starting the 19th of December 2024 and ending today, the 19th of March 2025. Click here to learn more.
Business Domain
Equity Real Estate Investment Trusts (REITs)
IPO Date
17th of March 1992
Category
Real Estate
Elme Communities owns and operates uniquely positioned real estate assets in the Washington Metro area. With a track record of driving returns and delivering satisfaction, we are a trusted authority in one of the nations most competitive real estate markets. The company has 88.03 M outstanding shares of which 2.4 M shares are currently shorted by private and institutional investors with about 3.21 trading days to cover. More on Elme Communities

Moving together with Elme Stock

  0.86O Realty IncomePairCorr
  0.81FR First Industrial Realty Sell-off TrendPairCorr

Moving against Elme Stock

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  0.62ESBA Empire State RealtyPairCorr
  0.61AAT American Assets TrustPairCorr
  0.58WHLR Wheeler Real EstatePairCorr
  0.57FISK Empire State RealtyPairCorr
  0.56ESRT Empire State RealtyPairCorr
Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

Elme Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President BoardPaul McDermott
Business ConcentrationMulti-Family Residential REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, NYSE Composite, SP Small-Cap 600, Real Estate, Residential REITs, REIT—Office, Real Estate (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.20.1311
Way Up
Slightly volatile
Gross Profit Margin0.70.5967
Fairly Up
Slightly volatile
Net Debt655.8 M692.8 M
Notably Down
Pretty Stable
Total Current Liabilities733.9 M699 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total61.5 M64.7 M
Notably Down
Slightly volatile
Total Assets1.3 B1.8 B
Way Down
Pretty Stable
Total Current Assets20.1 M21.1 M
Notably Down
Slightly volatile
Total Cash From Operating Activities86.1 M95.2 M
Moderately Down
Very volatile
Debt Levels
Elme Communities can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Elme Communities' financial leverage. It provides some insight into what part of Elme Communities' total assets is financed by creditors.
Liquidity
Elme Communities currently holds 698.95 M in liabilities with Debt to Equity (D/E) ratio of 0.42, which is about average as compared to similar companies. Elme Communities has a current ratio of 1.04, suggesting that it is not liquid enough and may have problems paying out its financial obligations when due. Note, when we think about Elme Communities' use of debt, we should always consider it together with its cash and equity.

Free Cash Flow

100.01 Million
Elme Communities (ELME) is traded on New York Stock Exchange in USA. It is located in 7550 Wisconsin Avenue, Bethesda, MD, United States, 20814 and employs 255 people. Elme Communities is listed under Multi-Family Residential REITs category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.54 B. Elme Communities conducts business under Residential REITs sector and is part of Real Estate industry. The entity has 88.03 M outstanding shares of which 2.4 M shares are currently shorted by private and institutional investors with about 3.21 trading days to cover. Elme Communities currently holds about 8.44 M in cash with 95.24 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.1.
Check Elme Communities Probability Of Bankruptcy
Ownership Allocation
Elme Communities holds a total of 88.03 Million outstanding shares. The majority of Elme Communities outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Elme Communities to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Elme Communities. Please pay attention to any change in the institutional holdings of Elme Communities as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Elme Ownership Details

Elme Stock Institutional Holders

InstituionRecorded OnShares
Northern Trust Corp2024-12-31
1.5 M
Citadel Advisors Llc2024-12-31
1.5 M
Renaissance Technologies Corp2024-12-31
1.5 M
Dimensional Fund Advisors, Inc.2024-12-31
1.2 M
Cbre Investment Management Listed Real Assets Llc2024-12-31
1.1 M
Nuveen Asset Management, Llc2024-12-31
995.6 K
Morgan Stanley - Brokerage Accounts2024-12-31
925.2 K
Balyasny Asset Management Llc2024-12-31
899.1 K
Jpmorgan Chase & Co2024-12-31
814.2 K
Blackrock Inc2024-12-31
16.7 M
Vanguard Group Inc2024-12-31
13.8 M
View Elme Communities Diagnostics

Elme Communities Historical Income Statement

At present, Elme Communities' Interest Expense is projected to decrease significantly based on the last few years of reporting. The current year's Cost Of Revenue is expected to grow to about 108.3 M, whereas Total Revenue is forecasted to decline to about 190.9 M. View More Fundamentals

Elme Stock Against Markets

Elme Communities Corporate Management

When determining whether Elme Communities is a strong investment it is important to analyze Elme Communities' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Elme Communities' future performance. For an informed investment choice regarding Elme Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elme Communities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For information on how to trade Elme Stock refer to our How to Trade Elme Stock guide.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Multi-Family Residential REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Elme Communities. If investors know Elme will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Elme Communities listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share
0.72
Earnings Share
(0.15)
Revenue Per Share
2.752
Quarterly Revenue Growth
0.041
Return On Assets
0.0078
The market value of Elme Communities is measured differently than its book value, which is the value of Elme that is recorded on the company's balance sheet. Investors also form their own opinion of Elme Communities' value that differs from its market value or its book value, called intrinsic value, which is Elme Communities' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Elme Communities' market value can be influenced by many factors that don't directly affect Elme Communities' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Elme Communities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Elme Communities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elme Communities' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.