NYSE:ELME Elme Communities (ELME) Stock Price, News & Analysis → One trade. One ticker. One week. (From Wealthpin Pro) (Ad) Free ELME Stock Alerts $14.97 -0.08 (-0.53%) (As of 09:57 AM ET) Add Compare Share Share Today's Range$14.88▼$14.9950-Day Range$12.78▼$15.2752-Week Range$12.44▼$17.87Volume27,744 shsAverage Volume699,376 shsMarket Capitalization$1.32 billionP/E RatioN/ADividend Yield4.81%Price Target$16.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Elme Communities alerts: Email Address Elme Communities MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside11.3% Upside$16.67 Price TargetShort InterestHealthy1.16% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth-1.09%From $0.92 to $0.91 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.07 out of 5 starsFinance Sector770th out of 859 stocksReal Estate Investment Trusts Industry163rd out of 181 stocks 2.3 Analyst's Opinion Consensus RatingElme Communities has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Amount of Analyst CoverageElme Communities has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.16% of the float of Elme Communities has been sold short.Short Interest Ratio / Days to CoverElme Communities has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Elme Communities has recently decreased by 7.41%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipElme Communities is a leading dividend payer. It pays a dividend yield of 4.80%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthElme Communities has only been increasing its dividend for 1 years.Dividend SustainabilityBased on EPS estimates, Elme Communities will have a dividend payout ratio of 79.12% in the coming year. This indicates that Elme Communities may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ELME. Previous Next 0.0 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 1 news article for Elme Communities this week, compared to 1 article on an average week.MarketBeat FollowsOnly 1 people have added Elme Communities to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Elme Communities insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.10% of the stock of Elme Communities is held by insiders.Percentage Held by Institutions87.88% of the stock of Elme Communities is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for Elme Communities are expected to decrease by -1.09% in the coming year, from $0.92 to $0.91 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Elme Communities is -24.54, 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. SectorThe P/E ratio of Elme Communities is -24.54, 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 RatioElme Communities has a P/B Ratio of 1.14. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto Swap ProfitsDid You Get Your Free Bitcoin Yet?And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.>> Register right here About Elme Communities Stock (NYSE:ELME)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. Focused on providing quality, affordable homes to a deep, solid, and underserved base of mid-market demand, Elme Communities is building long-term value for shareholders.Read More ELME Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ELME Stock News HeadlinesApril 24, 2024 | americanbankingnews.comElme Communities (ELME) Scheduled to Post Quarterly Earnings on WednesdayApril 11, 2024 | markets.businessinsider.comElme Communities: Balancing Market Strengths Against Operational Challenges – A Hold Rating AnalysisApril 25, 2024 | Insiders Exposed (Ad)The Hard Truth About Investing For RetirementHere’s the cold, hard truth about investing: The more capital you have, the more risk averse you can afford to be. But when you’re staring down the barrel of retirement and you’ve only got 5, 10, 50 or $100,000 saved, you’ve got to be more aggressive. In an exclusive online training, the Market expert Steven Place is revealing a powerful “roadmap” that’s leading everyday investors to easy, triple-digit wins, even if they don’t have a lot of experience in trading.March 30, 2024 | yahoo.comResidents locked out of apartment after massive fire in MariettaMarch 26, 2024 | globenewswire.comElme Communities to Release First Quarter 2024 Results on Wednesday, May 1stMarch 18, 2024 | finance.yahoo.comElme Communities's Dividend AnalysisMarch 16, 2024 | finance.yahoo.comELME Apr 2024 12.500 callMarch 1, 2024 | nasdaq.comRelative Strength Alert For Elme CommunitiesApril 25, 2024 | Insiders Exposed (Ad)The Hard Truth About Investing For RetirementHere’s the cold, hard truth about investing: The more capital you have, the more risk averse you can afford to be. But when you’re staring down the barrel of retirement and you’ve only got 5, 10, 50 or $100,000 saved, you’ve got to be more aggressive. In an exclusive online training, the Market expert Steven Place is revealing a powerful “roadmap” that’s leading everyday investors to easy, triple-digit wins, even if they don’t have a lot of experience in trading.February 20, 2024 | msn.comElme Communities files for mixed shelf; to sell about 12K shares for holdersFebruary 18, 2024 | msn.comElme Communities Is Worried About This – Should You Be Worried Too?February 18, 2024 | finance.yahoo.comElme Communities (NYSE:ELME) Q4 2023 Earnings Call TranscriptFebruary 17, 2024 | finance.yahoo.comELME Mar 2024 15.000 callFebruary 17, 2024 | finance.yahoo.comQ4 2023 Elme Communities Earnings CallFebruary 16, 2024 | msn.comElme Communities declares $0.18 dividendFebruary 16, 2024 | finance.yahoo.comELME Feb 2024 12.500 putFebruary 15, 2024 | finance.yahoo.comElme Communities Reports Growth in Core FFO and NOI for Full Year 2023February 15, 2024 | globenewswire.comElme Communities Announces Fourth Quarter and Full Year 2023 ResultsJanuary 30, 2024 | markets.businessinsider.comAnalysts Offer Insights on Real Estate Companies: Ventas (VTR) and Equity Lifestyle (ELS)January 17, 2024 | finance.yahoo.comElme Communities Announces Income Tax Treatment of its 2023 Dividend DistributionJanuary 16, 2024 | finance.yahoo.comElme Communities to Release Fourth Quarter 2023 Results on Thursday, February 15thDecember 20, 2023 | nasdaq.comEx-Dividend Reminder: LTC Properties, Elme Communities and Synovus FinancialDecember 19, 2023 | nasdaq.comJP Morgan Upgrades Elme Communities (ELME)December 9, 2023 | usnews.comHealthiest Communities Rankings 2022December 4, 2023 | newsweek.comAmerica's Best Continuing Care Retirement Communities 2024 - VirginiaDecember 4, 2023 | newsweek.comAmerica's Best Continuing Care Retirement Communities 2024November 15, 2023 | morningstar.comElme Communities ELMESee More Headlines Receive ELME Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Elme Communities and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/17/2023Ex-Dividend for 4/3 Dividend3/19/2024Dividend Payable4/03/2024Today4/25/2024Next Earnings (Confirmed)5/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryN/A Current SymbolNYSE:ELME CUSIPN/A CIK104894 Webwww.elmecommunities.com Phone(202) 774-3200Fax301-984-9610Employees243Year FoundedN/APrice Target and Rating Average Stock Price Target$16.67 High Stock Price Target$18.00 Low Stock Price Target$14.00 Potential Upside/Downside+10.7%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.61) Trailing P/E RatioN/A Forward P/E Ratio16.36 P/E GrowthN/ANet Income$-52,980,000.00 Net Margins-23.25% Pretax Margin-23.25% Return on Equity-4.41% Return on Assets-2.82% Debt Debt-to-Equity Ratio0.59 Current Ratio0.67 Quick Ratio0.67 Sales & Book Value Annual Sales$227.91 million Price / Sales5.81 Cash Flow$0.46 per share Price / Cash Flow32.87 Book Value$13.14 per share Price / Book1.15Miscellaneous Outstanding Shares88,000,000Free Float87,035,000Market Cap$1.32 billion OptionableOptionable Beta0.91 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. Paul T. McDermott (Age 62)Chairman of Board, President & CEO Comp: $1.86MMs. Susan Lilly GerockSenior VP of Information Technology & Chief Information OfficerMr. Steven M. FreishtatExecutive VP & CFOMs. Tiffany M. Butcher (Age 45)Executive VP & COO Mr. Daniel P. ChappellVice President of InvestmentsMr. A. Grant MontgomeryVice President of ResearchMr. Wade Drew Hammond (Age 49)Senior VP, Chief Administrative Officer, Treasurer & Corporate Secretary Ms. Amy HopkinsVice President of Investor RelationsMr. Ian KesslerVice President of Human ResourcesMr. Stephen BurchControllerMore ExecutivesKey CompetitorsAmerican Assets TrustNYSE:AATTwo Harbors InvestmentNYSE:TWOLadder CapitalNYSE:LADRSafeholdNYSE:SAFENETSTREITNYSE:NTSTView All CompetitorsInstitutional OwnershipSimplicity Wealth LLCBought 32,282 shares on 4/24/2024Ownership: 0.037%Hunter Perkins Capital Management LLCBought 10,325 shares on 4/23/2024Ownership: 0.034%Sumitomo Mitsui Trust Holdings Inc.Sold 2,482 shares on 4/19/2024Ownership: 0.113%Carret Asset Management LLCSold 1,000 shares on 4/19/2024Ownership: 0.029%Allspring Global Investments Holdings LLCBought 28,717 shares on 4/18/2024Ownership: 2.488%View All Institutional Transactions ELME Stock Analysis - Frequently Asked Questions Should I buy or sell Elme Communities stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Elme Communities in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ELME shares. View ELME analyst ratings or view top-rated stocks. What is Elme Communities' stock price target for 2024? 2 Wall Street analysts have issued 12 month target prices for Elme Communities' shares. Their ELME share price targets range from $14.00 to $18.00. On average, they anticipate the company's stock price to reach $16.67 in the next year. This suggests a possible upside of 11.3% from the stock's current price. View analysts price targets for ELME or view top-rated stocks among Wall Street analysts. How have ELME shares performed in 2024? Elme Communities' stock was trading at $14.60 at the start of the year. Since then, ELME stock has increased by 2.5% and is now trading at $14.97. View the best growth stocks for 2024 here. Are investors shorting Elme Communities? Elme Communities saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 1,000,000 shares, a decrease of 7.4% from the March 15th total of 1,080,000 shares. Based on an average daily trading volume, of 688,200 shares, the short-interest ratio is currently 1.5 days. Currently, 1.2% of the shares of the stock are short sold. View Elme Communities' Short Interest. When is Elme Communities' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our ELME earnings forecast. How can I listen to Elme Communities' earnings call? Elme Communities will be holding an earnings conference call on Thursday, May 2nd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 919-882-2331 with passcode "50221". How were Elme Communities' earnings last quarter? Elme Communities (NYSE:ELME) released its earnings results on Friday, February, 17th. The company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of $0.25 by $0.29. The company earned $55.59 million during the quarter, compared to analysts' expectations of $55.80 million. Elme Communities had a negative trailing twelve-month return on equity of 4.41% and a negative net margin of 23.25%. The company's revenue was up 24.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.17 earnings per share. How often does Elme Communities pay dividends? What is the dividend yield for Elme Communities? Elme Communities declared a quarterly dividend on Thursday, February 15th. Stockholders of record on Wednesday, March 20th will be given a dividend of $0.18 per share on Wednesday, April 3rd. This represents a $0.72 annualized dividend and a yield of 4.81%. The ex-dividend date is Tuesday, March 19th. Read our dividend analysis for ELME. Is Elme Communities a good dividend stock? Elme Communities (NYSE:ELME) pays an annual dividend of $0.72 per share and currently has a dividend yield of 4.80%. ELME has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for ELME. What ETFs hold Elme Communities' stock? ETFs with the largest weight of Elme Communities (NYSE:ELME) stock in their portfolio include Residential REIT ETF (HAUS), ALPS REIT Dividend Dogs ETF (RDOG), Kelly Residential & Apartment Real Estate ETF (RESI), Cambria Global Real Estate ETF (BLDG), Nuveen Short-Term REIT ETF (NURE), Invesco S&P SmallCap Low Volatility ETF (XSLV), IQ CBRE Real Assets ETF (IQRA) and ETFB Green SRI REITs ETF (RITA). What guidance has Elme Communities issued on next quarter's earnings? Elme Communities updated its FY 2024 earnings guidance on Friday, February, 16th. The company provided EPS guidance of 0.900-0.960 for the period, compared to the consensus earnings per share estimate of 0.950. The company issued revenue guidance of -. Who are Elme Communities' major shareholders? Elme Communities' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (2.49%), Sumitomo Mitsui Trust Holdings Inc. (0.11%), Simplicity Wealth LLC (0.04%), Hunter Perkins Capital Management LLC (0.03%), Carret Asset Management LLC (0.03%) and Folger Nolan Fleming Douglas Capital Management Inc. (0.02%). How do I buy shares of Elme Communities? 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. Compare Top Brokerages Here. This page (NYSE:ELME) was last updated on 4/25/2024 by MarketBeat.com Staff From Our PartnersThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingThis Apple-like Innovator is Revolutionizing HealthcareWall Street StarHe Is Giving Away BitcoinCrypto Swap ProfitsYour Money is Not SafeAmerican AlternativeBitcoin Rockets To Record High But Buy THIS InsteadParadigm Presstop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyRed Alert: Your Money's Disappearance Act - Banks' Greed Unleashed!Priority GoldThe #1 Crypto for 2024InvestorPlace Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Elme Communities Please log in to your account or sign up in order to add this asset to your watchlist. 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