ELME - Elme Communities - Stock Price & Dividends
Exchange: USA Stocks • Country: United States • Currency: USD • Type: Common Stock • ISIN: US9396531017
Apartments, Commercial Space
Elme Communities is dedicated to redefining the rental experience for middle-income individuals and families by delivering exceptional quality, personalized service, and a unique living environment. As a multifamily real estate investment trust, the company owns and operates a diverse portfolio of approximately 9,400 apartment homes across the Washington, DC, and Atlanta metropolitan regions.
By focusing on the underserved mid-market segment, Elme Communities is well-positioned to capitalize on a deep and solid demand for quality, affordable housing. This strategic approach enables the company to create long-term value for its shareholders while providing a superior living experience for its residents.
In addition to its residential properties, Elme Communities also owns approximately 300,000 square feet of commercial space, further diversifying its portfolio and enhancing its revenue streams. With a commitment to excellence and a customer-centric approach, the company is poised for sustainable growth and success in the multifamily real estate sector.
Learn more about Elme Communities and its mission to elevate the rental experience at https://www.elmecommunities.com.
Drawdown (Underwater) Chart
Overall Trend and Yearly Seasonality
ELME Stock Overview
| Market Cap in USD | 1,548m |
| 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 | -22.6 |
| Fundamental | -35.2 |
| Dividend | 34.0 |
| Rel. Performance vs Sector | -0.43 |
| Analysts | 3.25/5 |
| Fair Price Momentum | 18.89 USD |
| Fair Price DCF | 10.91 USD |
ELME Dividends
| Dividend Yield 12m | 4.27% |
| Yield on Cost 5y | 3.03% |
| Dividends CAGR 5y | -9.71% |
| Payout Consistency | 96.2% |
ELME Growth Ratios
| Growth 12m | 30.40% |
| Growth Correlation 12m | 91.4% |
| Growth Correlation 3m | 45.8% |
| CAGR 5y | -6.64% |
| CAGR/Mean DD 5y | -0.23 |
| Sharpe Ratio 12m | 1.03 |
| Alpha vs SP500 12m | -4.09 |
| Beta vs SP500 5y weekly | 0.83 |
| ValueRay RSI | 22.86 |
| Volatility GJR Garch 1y | 25.50% |
| Price / SMA 50 | -2.48% |
| Price / SMA 200 | 10.54% |
| Current Volume | 541.1k |
| Average Volume 20d | 415.8k |
External Links for ELME Stock
Wall Street Journal • Benzinga • Yahoo Finance
Tweets
X • Stocktwits
Fund Manager Positions
Dataroma • Stockcircle
As of October 22, 2024, the stock is trading at USD 16.88 with a total of 541,141 shares traded.
Over the past week, the price has changed by +0.66%, over one month by -5.12%, over three months by +2.89% and over the past year by +29.83%.
According to ValueRays Forecast Model, ELME Elme Communities will be worth about 20.5 in October 2025. The stock is currently trading at 16.88. This means that the stock has a potential upside of +21.5%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | 17.5 | 3.67 |
| Analysts Target Price | 16.3 | -3.73 |
| ValueRay Target Price | 20.5 | 21.5 |