Elme Communities (ELME) Projected to Post Quarterly Earnings on Thursday

Key Points

• Elme Communities (ELME) is expected to announce its Q3 2025 earnings on October 23, with estimated earnings of $0.24 per share and revenues of $62.165 million.
• The company recently declared a quarterly dividend of $0.18, resulting in a dividend yield of 4.3% despite a high payout ratio of -480.00%.
• Analysts have a consensus rating of "Hold" for Elme Communities, with five analysts maintaining this rating and an average price target of $18.50.

Elme Communities (NYSE:ELME - Get Free Report) will likely be announcing its Q3 2025 results before the market opens on Thursday, October 23rd. Analysts expect the company to announce earnings of $0.24 per share and revenue of $62.1650 million for the quarter. Investors may visit the the company's upcoming Q3 2025 earningresults page for the latest details on the call scheduled for Tuesday, November 4, 2025 at 10:00 AM ET.

Elme Communities (NYSE:ELME - Get Free Report) last released its earnings results on Tuesday, August 5th. The company reported $0.24 EPS for the quarter, topping analysts' consensus estimates of $0.23 by $0.01. Elme Communities had a negative net margin of 5.78% and a negative return on equity of 1.33%. The firm had revenue of $62.10 million during the quarter, compared to analyst estimates of $61.63 million. During the same quarter in the previous year, the business earned $0.23 EPS. The business's quarterly revenue was up 3.3% compared to the same quarter last year. 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

ELME opened at $16.75 on Friday. The company has a fifty day moving average price of $16.86 and a two-hundred day moving average price of $16.24. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.51 and a current ratio of 0.51. Elme Communities has a 52 week low of $13.95 and a 52 week high of $18.08. The firm has a market capitalization of $1.48 billion, a PE ratio of -111.66 and a beta of 1.01.

Elme Communities Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, October 3rd. Stockholders of record on Wednesday, September 17th were issued a $0.18 dividend. The ex-dividend date of this dividend was Wednesday, September 17th. This represents a $0.72 annualized dividend and a dividend yield of 4.3%. Elme Communities's payout ratio is -480.00%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on ELME shares. Wall Street Zen lowered shares of Elme Communities from a "hold" rating to a "sell" rating in a report on Friday, September 26th. Truist Financial reaffirmed a "hold" rating on shares of Elme Communities in a research note on Thursday, September 11th. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Elme Communities in a research note on Wednesday, October 8th. Five analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $18.50.

Institutional Investors Weigh In On Elme Communities

Several institutional investors and hedge funds have recently added to or reduced their stakes in ELME. EverSource Wealth Advisors LLC lifted its stake in Elme Communities by 39.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,235 shares of the company's stock valued at $51,000 after purchasing an additional 922 shares during the last quarter. Daiwa Securities Group Inc. lifted its stake in Elme Communities by 3.6% in the 2nd quarter. Daiwa Securities Group Inc. now owns 31,470 shares of the company's stock valued at $500,000 after purchasing an additional 1,090 shares during the last quarter. M&T Bank Corp lifted its stake in Elme Communities by 9.1% in the 2nd quarter. M&T Bank Corp now owns 14,268 shares of the company's stock valued at $227,000 after purchasing an additional 1,190 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Elme Communities by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 52,358 shares of the company's stock valued at $911,000 after purchasing an additional 2,315 shares during the last quarter. Finally, Tidal Investments LLC raised its stake in shares of Elme Communities by 15.5% during the second quarter. Tidal Investments LLC now owns 23,159 shares of the company's stock valued at $368,000 after acquiring an additional 3,115 shares during the last quarter. 87.88% of the stock is owned by institutional investors.

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.

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