NYSE:ELME Elme Communities (ELME) Stock Price, News & Analysis $2.02 +0.01 (+0.25%) Closing price 03:59 PM EasternExtended Trading$1.49 -0.54 (-26.42%) As of 07:59 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. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsBuy This Stock About Elme Communities Stock (NYSE:ELME) View Price History Chart DataSkip Price History Chart 1 Day 5 Days 30 Days 90 Days 1 Year Advanced 1 Day 1 Day 5 Days 30 Days 90 Days 1 Year Advanced Show volume Show extended hours Get Elme Communities alerts:Sign Up Key Stats Today's Range$2.02▼$2.0450-Day Range$2.01▼$2.2052-Week Range$1.98▼$17.68Volume888,532 shsAverage Volume1.05 million shsMarket Capitalization$179.94 millionP/E Ratio2.17Dividend Yield8.89%Price Target$18.00Consensus RatingReduce 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. Read More Elme Communities Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks50th Percentile Overall ScoreELME MarketRank™: Elme Communities scored higher than 50% of companies evaluated by MarketBeat, and ranked 600th out of 872 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.3 / 5Analyst RatingReduce Consensus RatingElme 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 PotentialElme Communities has a consensus price target of $18.00, representing about 788.9% upside from its current price of $2.03.Amount of Analyst CoverageElme 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. Earnings and Valuation0.6 / 5Proj. Earnings GrowthN/A Price to Earnings Ratio vs. the MarketThe P/E ratio of Elme Communities is -1.33, 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 -1.33, 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 0.16. 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. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted3.45% 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 3.04, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Elme Communities has recently increased by 1.11%, indicating that investor sentiment is decreasing. Dividend1.7 / 5Dividend StrengthWeak Dividend LeadershipElme Communities is a leading dividend payer. It pays a dividend yield of 8.96%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthElme Communities does not have a long track record of dividend growth.Read more about Elme Communities' dividend. News and Social Media0.6 / 5News SentimentN/A News Coverage This WeekMarketBeat has tracked 1 news article for Elme Communities this week, compared to 1 article on an average week.Search Interest6 people have searched for ELME on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days. Company Ownership0.8 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Elme Communities insiders have not sold or bought any company stock.Percentage Held by Insiders1.40% 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.Read more about Elme Communities' insider trading history. 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. 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ELME Stock News HeadlinesElme Communities (NYSE:ELME) Given Average Recommendation of "Reduce" by BrokeragesJune 20, 2026 | americanbankingnews.comElme Communities reaches agreement to sell last remaining assetMay 30, 2026 | finance.yahoo.comBlackRock is hoarding it. JPMorgan is hoarding it. Do you own it?BlackRock, JPMorgan, Goldman Sachs, and Fidelity are reportedly accumulating a scarce blockchain asset - one that gets burned with every transaction on what analysts are calling America's new financial grid. The Nasdaq has received SEC approval to move stocks onto blockchain rails, and BlackRock CEO Larry Fink dedicated his entire 2026 annual letter to this infrastructure shift. Blockchain analyst Andy Howard is calling this asset 'Digital Oil' - and says institutional buyers are already positioned.June 24 at 1:00 AM | Awesomely, LLC (Ad)Elme Communities Agrees to Sell Elme Bethesda PropertyMay 28, 2026 | tipranks.comSlumping DC market dings Elme’s shareholder payout as it liquidatesMay 14, 2026 | finance.yahoo.comElme Communities sells Germantown apartment community to nonprofit for $53.7MMay 13, 2026 | bizjournals.comElme Communities progresses with property sales before dissolutionMay 12, 2026 | msn.comElme Communities Updates Liquidation Progress and Distribution OutlookMay 11, 2026 | tipranks.comSee More Headlines ELME Stock Analysis - Frequently Asked Questions How have ELME shares performed this year? Elme Communities' stock was trading at $17.41 at the beginning of the year. Since then, ELME shares have decreased by 88.4% and is now trading at $2.0250. How were Elme Communities' earnings last quarter? Elme Communities (NYSE:ELME) announced its 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 company's quarterly revenue was up 1.7% compared to the same quarter last year. Who are Elme Communities' major shareholders? 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%). 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. What other stocks do shareholders of Elme Communities own? 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 Earnings10/23/2025Today6/24/2026Next Earnings (Estimated)8/04/2026Fiscal Year End12/31/2026Get Stock Alerts Health Indicator TradeSmith's Health IndicatorA long-term volatility-based measure designed for securities held 12 months or longer.Green: Strong and healthy uptrend with normal pullbacks.Yellow: Significant pullback but still within expected volatility.Red: Dropped beyond expected volatility; considered unhealthy. Red Zone (5m+) 1-Year History Jun 25 Sep 25 Dec 25 Mar 26 Jun 26 ELME's financial health is in the Red zone, according to TradeSmith. ELME has been in this zone for over 5 months. Industry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry REIT - EQTY TRUST - RESID Sub-IndustryTrading Current SymbolNYSE:ELME CIK104894 Webwww.elmecommunities.com Phone(202) 774-3200Fax301-984-9610Employees100Year Founded1960Price Target and Rating Average Price Target for Elme Communities$18.00 High Price Target$18.00 Low Price Target$18.00 Potential Upside/Downside+788.9%Consensus RatingReduce Rating Score (0-4)1.75 Research Coverage4 Analysts Profitability EPS (Trailing Twelve Months)($1.52) Trailing P/E Ratio2.17 Forward P/E RatioN/A P/E GrowthN/ANet 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 Ratio0.78 Current Ratio166.32 Quick Ratio166.32 Sales & Book Value Annual Sales$206.36 million Price / Sales0.87 Cash FlowN/A Price / Cash FlowN/A Book Value$12.30 per share Price / Book0.16Miscellaneous Outstanding Shares88,860,000Free Float87,614,000Market Cap$179.94 million OptionableOptionable Beta0.68 Social Links (Almost) Everything You Need To Know About The EV MarketLooking to profit from the electric vehicle mega-trend? 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