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NYSE:ELME

Elme Communities (ELME) Stock Price, News & Analysis

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$1.62 +0.01 (+0.31%)
Closing price 08/14/2026 03:59 PM Eastern
Extended Trading
$1.63 +0.00 (+0.31%)
As of 08/14/2026 07:34 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)

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Key Stats

Today's Range
$1.62
$1.64
50-Day Range
$1.38
$2.05
52-Week Range
$1.26
$17.68
Volume
203,196 shs
Average Volume
842,813 shs
Market Capitalization
$144.40 million
P/E Ratio
1.74
Dividend Yield
11.08%
Price Target
$18.00
Consensus Rating
Reduce

Company Overview

Elme Communities, Inc. is a real estate investment trust (REIT) specializing in senior living real estate. The company focuses on acquiring and strategically partnering in a diversified portfolio of senior housing communities, providing real estate solutions across the spectrum of independent living, assisted living and memory care facilities. Elme Communities leases properties to experienced operators under long-term contractual arrangements designed to generate stable rental income and align incentives for both landlord and operator.

The company’s core activities include identifying acquisition opportunities, underwriting property performance, structuring lease agreements and overseeing asset management functions. Elme Communities pursues a range of transaction structures, including triple-net leases, sale-leasebacks and joint ventures, to tailor its capital solutions to the needs of senior living operators. This flexible approach allows the company to partner with best-in-class operators while maintaining a disciplined focus on portfolio diversification and risk management.

Elme Communities’ portfolio spans multiple states across the United States and select markets in Canada, reflecting its strategy to target high-barrier-to-entry regions with favorable demographic profiles. By concentrating on markets with growing senior populations and limited new construction, the company seeks to capture stable occupancy levels and sustainable rent growth. Key geographic markets include major metropolitan and suburban regions where demand for quality senior housing remains strong.

Listed on the New York Stock Exchange under the ticker ELME, Elme Communities began trading publicly in mid-2023. The company is led by a management team of real estate investment and senior living professionals with extensive experience in sourcing assets, structuring transactions and driving operational performance. Through its disciplined investment approach and industry partnerships, Elme Communities aims to deliver long-term value to shareholders while supporting the evolving needs of the senior living sector.

AI Generated. May Contain Errors.

Elme Communities Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
67th Percentile Overall Score

ELME MarketRank™: 

Elme Communities scored higher than 67% of companies evaluated by MarketBeat, and ranked 617th out of 860 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 1,007.7% upside from its current price of $1.63.

  • Amount of Analyst Coverage

    Elme Communities has only been the subject of 1 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 -1.07, 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 -1.07, 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 0.13. 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

    2.67% 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 2.07, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Elme Communities has recently decreased by 16.48%, indicating that investor sentiment is improving significantly.
  • Dividend Leadership

    Elme Communities is a leading dividend payer. It pays a dividend yield of 11.11%, 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.
  • News Sentiment

    Elme Communities has a news sentiment score of 1.14. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.81 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Elme Communities this week, compared to 1 article on an average week.
  • Search Interest

    Only 1 people have searched for ELME on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 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

Elme Communities: Potential Opportunity In Liquidation
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Elme reaches deal to sell last property for $250M
See More Headlines

ELME Stock Analysis - Frequently Asked Questions

Elme Communities' stock was trading at $17.41 at the start of the year. Since then, ELME stock has decreased by 90.7% and is now trading at $1.6250.

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

Elme Communities' top institutional shareholders include FNY Investment Advisers LLC (0.77%).

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
8/15/2026
Next Earnings (Estimated)
10/22/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NYSE
Sector
Finance
Industry
Capital Markets
Sub-Industry
Asset Management & Custody Banks
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
+1,007.7%
Consensus Rating
Reduce
Rating Score (0-4)
1.75
Research Coverage
4 Analysts

Profitability

EPS (Trailing Twelve Months)
($1.52)
Trailing P/E Ratio
1.74
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
N/A
Current Ratio
166.32
Quick Ratio
166.32

Sales & Book Value

Annual Sales
$206.36 million
Price / Sales
0.70
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$12.30 per share
Price / Book
0.13

Miscellaneous

Outstanding Shares
88,860,000
Free Float
87,614,000
Market Cap
$144.40 million
Optionable
Optionable
Beta
0.72

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This page (NYSE:ELME) was last updated on 8/15/2026 by MarketBeat.com Staff.
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