ELME - Elme Communities - Stock Price & Dividends

Exchange: USA Stocks • Country: United States • Currency: USD • Type: Common Stock • ISIN: US9396531017

Apartments, Commercial Space, Real Estate

Elme Communities is on a mission to redefine the concept of home for middle-income renters. By providing a superior level of quality, service, and overall experience, the company is committed to making a meaningful difference in the lives of its residents.

As a multifamily real estate investment trust (REIT), Elme Communities owns and operates an impressive portfolio of approximately 9,400 apartment homes across the Washington, DC, and Atlanta metropolitan regions. This strategic focus on two thriving markets enables the company to cater to a large and underserved demographic of mid-market renters seeking quality, affordable housing.

In addition to its residential offerings, Elme Communities also owns and operates around 300,000 square feet of commercial space, further diversifying its portfolio and enhancing its value proposition. By concentrating on this often-overlooked segment of the market, the company is well-positioned to create long-term value for its shareholders.

For more information on Elme Communities' vision, values, and commitment to excellence, visit their website at https://www.elmecommunities.com.

Drawdown (Underwater) Chart

Drawdown / Underwater Chart for ELME - Elme Communities  - Stock Price & Dividends

Overall Trend and Yearly Seasonality

Drawdown / Underwater Chart for ELME - Elme Communities  - Stock Price & Dividends

ELME Stock Overview

Market Cap in USD 1,437m
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 -24.0
Fundamental -24.2
Dividend 17.3
Rel. Performance vs Sector 0.60
Analysts 3.25/5
Fair Price Momentum 17.74 USD
Fair Price DCF 12.92 USD

ELME Dividends

Dividend Yield 12m 4.40%
Yield on Cost 5y 3.31%
Dividends CAGR 5y -9.71%
Payout Consistency 96.6%

ELME Growth Ratios

Growth 12m 5.01%
Growth Correlation 12m 27%
Growth Correlation 3m 45%
CAGR 5y -5.54%
CAGR/Mean DD 5y -0.20
Sharpe Ratio 12m -0.01
Alpha vs SP500 12m -15.77
Beta vs SP500 5y weekly 0.87
ValueRay RSI 91.91
Volatility GJR Garch 1y 23.49%
Price / SMA 50 5.34%
Price / SMA 200 16.18%
Current Volume 334.7k
Average Volume 20d 587.4k

External Links for ELME Stock

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What is the price of ELME stocks?
As of July 21, 2024, the stock is trading at USD 16.37 with a total of 334,695 shares traded.
Over the past week, the price has changed by +3.48%, over one month by +8.63%, over three months by +11.49% and over the past year by +4.57%.
What are the forecast for ELME stock price target?
According to ValueRays Forecast Model, ELME Elme Communities will be worth about 19.3 in July 2025. The stock is currently trading at 16.37. This means that the stock has a potential upside of +18.08%.
Issuer Forecast Upside
Wallstreet Target Price 15 -8.37
Analysts Target Price 16.3 -0.73
ValueRay Target Price 19.3 18.1