ELME 📈 Elme Communities - Overview
Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US9396531017
ELME: Apartments, Commercial Space
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. Web URL: https://www.elmecommunities.com
Additional Sources for ELME Stock
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
ELME Stock Overview
| Market Cap in USD | 1,320m |
| Sector | Real Estate |
| Industry | REIT - Residential |
| GiC Sub-Industry | Multi-Family Residential REITs |
| IPO / Inception | 1992-03-17 |
ELME Stock Ratings
| Growth 5y | -34.6% |
| Fundamental | -14.1% |
| Dividend | 32.0% |
| Rel. Strength Industry | 130 |
| Analysts | 3/5 |
| Fair Price Momentum | 14.30 USD |
| Fair Price DCF | 16.49 USD |
ELME Dividends
| Dividend Yield 12m | 4.72% |
| Yield on Cost 5y | 3.03% |
| Annual Growth 5y | -9.71% |
| Payout Consistency | 96.1% |
ELME Growth Ratios
| Growth Correlation 3m | -72.7% |
| Growth Correlation 12m | 80.1% |
| Growth Correlation 5y | -66.9% |
| CAGR 5y | -8.43% |
| CAGR/Mean DD 5y | -0.28 |
| Sharpe Ratio 12m | 0.45 |
| Alpha | -9.52 |
| Beta | 0.80 |
| Volatility | 23.74% |
| Current Volume | 924.6k |
| Average Volume 20d | 697.9k |
What is the price of ELME stocks?
As of January 02, 2025, the stock is trading at USD 15.27 with a total of 924,591 shares traded.
Over the past week, the price has changed by +1.80%, over one month by -8.36%, over three months by -10.84% and over the past year by +9.52%.
As of January 02, 2025, the stock is trading at USD 15.27 with a total of 924,591 shares traded.
Over the past week, the price has changed by +1.80%, over one month by -8.36%, over three months by -10.84% and over the past year by +9.52%.
Is Elme Communities a good stock to buy?
Neither. Based on ValueRay Fundamental Analyses, Elme Communities is currently (January 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of -14.10 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of ELME as of January 2025 is 14.30. This means that ELME is currently overvalued and has a potential downside of -6.35%.
Neither. Based on ValueRay Fundamental Analyses, Elme Communities is currently (January 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of -14.10 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of ELME as of January 2025 is 14.30. This means that ELME is currently overvalued and has a potential downside of -6.35%.
Is ELME a buy, sell or hold?
Elme Communities has received a consensus analysts rating of 3.00. Therefor, it is recommend to hold ELME.
Elme Communities has received a consensus analysts rating of 3.00. Therefor, it is recommend to hold ELME.
- Strong Buy: 0
- Buy: 0
- Hold: 5
- Sell: 0
- Strong Sell: 0
What are the forecast for ELME stock price target?
According to ValueRays Forecast Model, ELME Elme Communities will be worth about 15.5 in January 2026. The stock is currently trading at 15.27. This means that the stock has a potential upside of +1.77%.
According to ValueRays Forecast Model, ELME Elme Communities will be worth about 15.5 in January 2026. The stock is currently trading at 15.27. This means that the stock has a potential upside of +1.77%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | 17.3 | 13.5% |
| Analysts Target Price | 16.3 | 6.4% |
| ValueRay Target Price | 15.5 | 1.8% |