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NYSE:ELME

Elme Communities (ELME) Stock Price, News & Analysis

Elme Communities logo
$2.04 +0.01 (+0.25%)
Closing price 05/22/2026 03:59 PM Eastern
Extended Trading
$2.04 0.00 (0.00%)
As of 05/22/2026 05:42 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Elme Communities Stock (NYSE:ELME)

Advanced

Key Stats

Today's Range
$2.01
$2.04
50-Day Range
$2.01
$2.20
52-Week Range
$1.98
$17.68
Volume
514,457 shs
Average Volume
1.17 million shs
Market Capitalization
$180.83 million
P/E Ratio
N/A
Dividend Yield
17.69%
Price Target
$18.00
Consensus Rating
Reduce

Company Overview

Elme Communities Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
52nd Percentile Overall Score

ELME MarketRank™: 

Elme Communities scored higher than 52% of companies evaluated by MarketBeat, and ranked 624th out of 880 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Elme Communities has received a consensus rating of Reduce. The company's average rating score is 1.75, and is based on no strong buy ratings, no buy ratings, 3 hold ratings, and 1 sell rating.

  • Upside Potential

    Elme Communities has a consensus price target of $18.00, representing about 784.5% upside from its current price of $2.04.

  • Amount of Analyst Coverage

    Elme Communities has only been the subject of 2 research reports in the past 90 days.

  • Read more about Elme Communities' stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Elme Communities is -1.34, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Elme Communities is -1.34, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Elme Communities has a P/B Ratio of 0.17. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Elme Communities' valuation and earnings.
  • Percentage of Shares Shorted

    3.10% of the float of Elme Communities has been sold short.
  • Short Interest Ratio / Days to Cover

    Elme Communities has a short interest ratio ("days to cover") of 2.88, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Elme Communities has recently increased by 1.24%, indicating that investor sentiment is decreasing.
  • Dividend Leadership

    Elme Communities is a leading dividend payer. It pays a dividend yield of 17.73%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Elme Communities does not have a long track record of dividend growth.

  • Read more about Elme Communities' dividend.
  • Search Interest

    3 people have searched for ELME on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.
  • MarketBeat Follows

    2 people have added Elme Communities to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Elme Communities insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    1.40% of the stock of Elme Communities is held by insiders.

  • Percentage Held by Institutions

    87.88% of the stock of Elme Communities is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Elme Communities' insider trading history.
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ELME Stock News Headlines

The Iran War Just Broke the Gold Market
The Iran war isn't just a geopolitical event. It's a financial one. Within hours of the strikes, oil surged… Defense stocks exploded…And gold ripped past $5,000.tc pixel
Elme Communities: A Short-Term Liquidation Opportunity
See More Headlines

ELME Stock Analysis - Frequently Asked Questions

Elme Communities' stock was trading at $17.41 on January 1st, 2026. Since then, ELME shares have decreased by 88.3% and is now trading at $2.0350.

Elme Communities (NYSE:ELME) issued its quarterly earnings data on Thursday, October, 23rd. The company reported $0.22 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.23 by $0.01. The firm's revenue was up 1.7% on a year-over-year basis.

Top institutional shareholders of Elme Communities include Bulldog Investors LLP (2.25%), Credit Industriel ET Commercial (1.83%), DLD Asset Management LP (1.23%) and Rangeley Capital LLC (0.74%).

Shares of ELME stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Elme Communities investors own include NVIDIA (NVDA), Tesla (TSLA), Advanced Micro Devices (AMD), Meta Platforms (META), JPMorgan Chase & Co. (JPM), Netflix (NFLX) and Alphabet (GOOG).

Company Calendar

Last Earnings
10/23/2025
Today
5/25/2026
Next Earnings (Estimated)
8/04/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NYSE
Sector
Finance
Industry
REIT - EQTY TRUST - RESID
Sub-Industry
Trading
Current Symbol
NYSE:ELME
CIK
104894
Employees
100
Year Founded
1960

Price Target and Rating

High Price Target
$18.00
Low Price Target
$18.00
Potential Upside/Downside
+784.5%
Consensus Rating
Reduce
Rating Score (0-4)
1.75
Research Coverage
4 Analysts

Profitability

EPS (Trailing Twelve Months)
($1.52)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$154.16 million
Net Margins
-74.71%
Pretax Margin
-74.71%
Return on Equity
-20.43%
Return on Assets
-8.29%

Debt

Debt-to-Equity Ratio
0.78
Current Ratio
166.32
Quick Ratio
166.32

Sales & Book Value

Annual Sales
$206.36 million
Price / Sales
0.88
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$12.30 per share
Price / Book
0.17

Miscellaneous

Outstanding Shares
88,860,000
Free Float
87,614,000
Market Cap
$180.83 million
Optionable
Optionable
Beta
0.71

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This page (NYSE:ELME) was last updated on 5/25/2026 by MarketBeat.com Staff.
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