Elme Communities (ELME) - Stock Price & Dividends
Exchange: USA Stocks • Country: United States • Currency: USD • Type: Common Stock • ISIN: US9396531017
Elme Communities, formerly known as Washington Real Estate Investment Trust (WashREIT), is dedicated to enhancing the living experience for middle-income renters by offering superior quality, service, and ambiance.
As a multifamily real estate investment trust, Elme Communities manages around 8,900 apartment homes in the Washington, DC metro area and the Sunbelt region. In addition, the company has holdings of about 300,000 square feet of commercial space.
Focusing on delivering top-notch and reasonably-priced residences to an often overlooked mid-market segment, Elme Communities is committed to creating lasting value for its investors and shareholders.
For more information, visit the company's website at https://www.elmecommunities.com.
Drawdown (Underwater) Chart
Overall Trend and Yearly Seasonality
ELME Stock Overview
| Market Cap in USD | 1,335m |
| Sector | Real Estate |
| Industry | REIT - Residential |
| GiC SubIndustry | Multi-Family Residential REITs |
| TER | 0.00% |
| IPO / Inception | 1992-03-17 |
ELME Stock Ratings
| Growth 5y | -3.27 |
| Fundamental | -23.8 |
| Dividend | 3.89 |
| Rel. Performance vs Sector | -0.57 |
| Analysts | 3.25/5 |
| Fair Price Momentum | 15.81 USD |
| Fair Price DCF | 16.47 USD |
ELME Dividends
| Yield 12m | 4.72% |
| Yield on Cost 5y | 3.24% |
| Dividends CAGR 5y | -9.71% |
| Payout Consistency | 96.6% |
ELME Growth Ratios
| Growth 12m | -3.34% |
| Growth Correlation 12m | -28% |
| Growth Correlation 3m | 56% |
| CAGR 5y | -7.24% |
| Sharpe Ratio 12m | -0.32 |
| Alpha vs SP500 12m | -27.19 |
| Beta vs SP500 5y weekly | 0.85 |
| ValueRay RSI | 76.95 |
| Volatility GJR Garch 1y | 19.39% |
| Price / SMA 50 | 8.23% |
| Price / SMA 200 | 9.08% |
| Current Volume | 370.5k |
| Average Volume 20d | 751.4k |
External Links for ELME Stock
News
Wall Street Journal • Benzinga • Yahoo Finance
Tweets
X (Twitter) • Stocktwits
Fund Manager Positions
Dataroma • Stockcircle
Wall Street Journal • Benzinga • Yahoo Finance
Tweets
X (Twitter) • Stocktwits
Fund Manager Positions
Dataroma • Stockcircle
What is the price of ELME stocks?
As of May 09, 2024, the stock is trading at USD 15.25 with a total of 370,533 shares traded.
Over the past week, the price has changed by +0.53%, over one month by +2.90%, over three months by +7.35% and over the past year by -2.34%.
As of May 09, 2024, the stock is trading at USD 15.25 with a total of 370,533 shares traded.
Over the past week, the price has changed by +0.53%, over one month by +2.90%, over three months by +7.35% and over the past year by -2.34%.
What is the forecast for ELME stock price target?
According to ValueRays Forecast Model, ELME Elme Communities will be worth about 17.2 in May 2025. The stock is currently trading at 15.25. This means that the stock has a potential upside of +13.05%.
According to ValueRays Forecast Model, ELME Elme Communities will be worth about 17.2 in May 2025. The stock is currently trading at 15.25. This means that the stock has a potential upside of +13.05%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | 14.5 | -4.92 |
| Analysts Target Price | 16.3 | 6.56 |
| ValueRay Target Price | 17.2 | 13.0 |