Elme Communities (ELME) to Release Earnings on Tuesday

Key Points

• Elme Communities is expected to announce its Q2 2025 earnings on August 5th, with analysts predicting earnings of $0.23 per share and revenue of $61.63 million.
• The company's stock price increased by 0.7%, trading at $15.77, while it has experienced a 12-month range between $13.95 and $18.49.
• Elme Communities recently paid a quarterly dividend of $0.18, resulting in a 4.56% yield, although its dividend payout ratio is currently negative at -480.00%.

Elme Communities (NYSE:ELME - Get Free Report) will likely be releasing its Q2 2025 earnings data after the market closes on Tuesday, August 5th. Analysts expect Elme Communities to post earnings of $0.23 per share and revenue of $61.63 million for the quarter.

Elme Communities (NYSE:ELME - Get Free Report) last issued its earnings results on Thursday, May 1st. The company reported $0.24 EPS for the quarter, topping the consensus estimate of $0.23 by $0.01. The company had revenue of $61.49 million for the quarter, compared to analyst estimates of $61.31 million. Elme Communities had a negative net margin of 5.79% and a negative return on equity of 1.30%. The business's revenue was up 3.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.23 EPS. On average, analysts expect Elme Communities to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Elme Communities Price Performance

Shares of NYSE ELME traded up $0.03 during trading on Friday, hitting $15.11. 810,706 shares of the company were exchanged, compared to its average volume of 604,574. Elme Communities has a 1 year low of $13.95 and a 1 year high of $18.49. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.68 and a quick ratio of 0.68. The firm's fifty day moving average price is $16.05 and its 200 day moving average price is $16.06. The company has a market cap of $1.33 billion, a price-to-earnings ratio of -100.73 and a beta of 0.98.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Elme Communities by 6.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 638,149 shares of the company's stock worth $11,104,000 after purchasing an additional 40,722 shares during the period. Jane Street Group LLC grew its holdings in shares of Elme Communities by 170.3% during the 1st quarter. Jane Street Group LLC now owns 101,800 shares of the company's stock worth $1,771,000 after purchasing an additional 64,137 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Elme Communities by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 52,358 shares of the company's stock worth $911,000 after purchasing an additional 2,315 shares during the period. Institutional investors and hedge funds own 87.88% of the company's stock.

Elme Communities Company Profile

Elme Communities 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 9,400 apartment homes in the Washington, DC metro and the Atlanta metro regions, and owns approximately 300,000 square feet of commercial space.