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NYSE:ELME

Elme Communities (ELME) Stock Price, News & Analysis

Elme Communities logo
$0.07 -1.70 (-96.19%)
Closing price 10/23/2026
Extended Trading
$0.07 0.00 (0.00%)
As of 10/23/2026 09:26 AM 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
$0.07
▼
$0.07
50-Day Range
$0.07
▼
$1.78
52-Week Range
$0.07
▼
$17.68
Volume
230.16 million shs
Average Volume
13.23 million shs
Market Capitalization
$5.99 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
Reduce

Company Overview

Elme Communities (NYSE: ELME) is a real estate investment trust that owns, operates and manages apartment communities. The company focuses on providing rental housing in the Washington, D.C., metropolitan area, including communities in Northern Virginia and suburban Maryland.

The company’s portfolio consists primarily of multifamily residential properties, offering apartments with a range of layouts and resident amenities. Elme Communities seeks to create value through property operations, renovations, development and the strategic management of its residential portfolio.

The company was formerly known as Washington Real Estate Investment Trust, or Washington REIT, a real estate company with roots dating to the early 1960s. It adopted the Elme Communities name as part of its transition to a primarily multifamily residential real estate platform. The company is led by President and Chief Executive Officer Paul T. McDermott.

AI Generated. May Contain Errors.

Elme Communities Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
23rd Percentile Overall Score

ELME MarketRank™: 
1.131681701895 of 5 stars

Elme Communities scored higher than 23% of companies evaluated by MarketBeat. 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 1.50, and is based on no strong buy ratings, no buy ratings, 1 hold rating, and 1 sell rating.

  • 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 -0.04, 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 -0.04, 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 0.01. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    2.29% 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 1.45, 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 21.05%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Elme Communities does not currently pay a dividend.

  • Dividend Growth

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

  • News Sentiment

    Elme Communities has a news sentiment score of 0.32. 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 lower news sentiment than the 0.66 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 9 news articles 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 0% 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 Moves to OTC Ahead Planned Dissolution
Elon Musk's Intel Deal Already Jumped 177 Percent This Year
Elon Musk's April 2026 partnership with Intel sent shares climbing 177% within two months. Jeff Brown, the analyst who flagged Nvidia in 2016 before its 37,800% run, says Musk may announce a new AI partnership by October 30.tc pixel
Reviewing Elme Communities (NYSE:ELME) and Capital Southwest (NASDAQ:CSWC)
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 shares have decreased by 99.6% and is now trading at $0.0674.

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

Elme Communities' top institutional shareholders include Graham Capital Wealth Management LLC (1.10%) and Deltec Asset Management LLC (0.29%).

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.

Company Calendar

Last Earnings
10/23/2025
Today
10/27/2026
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
91
Year Founded
1960

Profitability

EPS (Trailing Twelve Months)
N/A
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
N/A
Net Margins
N/A
Pretax Margin
N/A
Return on Equity
N/A
Return on Assets
N/A

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
N/A
Quick Ratio
N/A

Sales & Book Value

Annual Sales
$206.36 million
Price / Sales
0.03
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$12.30 per share
Price / Book
0.01

Miscellaneous

Outstanding Shares
88,860,000
Free Float
87,614,000
Market Cap
$5.99 million
Optionable
Optionable
Beta
0.73

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This page (NYSE:ELME) was last updated on 10/23/2026 by MarketBeat.com Staff.
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