(ELME) Elme Communities - Ratings and Ratios

Elme Communities (NYSE:ELME) is a multifamily real estate investment trust that targets the underserved middle-income rental segment, offering higher quality and service. They operate approximately 9,400 apartment homes in the Washington, D.C. and Atlanta metros, along with 300,000 square feet of commercial space, providing diversification and additional income streams.

Their strategic focus on middle-income renters taps into a stable demographic with consistent income, often priced out of luxury housing. This strategy supports long-term value creation for shareholders, leveraging the strong job markets and population growth in their operational regions.

Key financial metrics include a market cap of $1.36B, a price-to-book ratio of 1.22, and a price-to-sales ratio of 5.69. These figures are crucial for investors assessing Elmes valuation and potential for investment.