(ELME) Elme Communities - Ratings and Ratios
Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US9396531017
ELME: Residential Apartments, Office Properties, Real Estate, Investment
Elme Communities, a Maryland-based real estate investment trust (REIT), operates as a self-administered equity REIT under Sections 856-860 of the Internal Revenue Code of 1986. Formerly known as Washington Real Estate Investment Trust, the company has a legacy dating back to 1960. Its primary focus is on owning and managing apartment communities, with a geographic concentration in the Washington, D.C. metro area and the Sunbelt region. As of December 31, 2024, the portfolio comprised 28 apartment communities and one office property, reflecting a strategic shift in asset composition. The companys transition to the Elme Communities name underscores its repositioning in the multifamily residential sector, emphasizing a modern approach to housing and community development.
From a technical perspective, ELME stock has shown mixed trends, with the 20-day SMA at 15.44 slightly below the last price of 15.91, while the 50-day and 200-day SMAs at 16.43 and 16.22, respectively, suggest longer-term support. The ATR of 0.48 indicates moderate price volatility. Fundamentally, the companys market cap of $1.3788 billion reflects its scale, while the P/B ratio of 1.27 points to a valuation aligned with book value. However, the negative return on equity (-1.21) and the absence of P/E ratios raise questions about profitability. The P/S ratio of 5.70 highlights revenue generation relative to market value.
3-Month Forecast: Based onAdditional Sources for ELME Stock
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
ELME Stock Overview
Market Cap in USD | 1,427m |
Sector | Real Estate |
Industry | REIT - Residential |
GiC Sub-Industry | Multi-Family Residential REITs |
IPO / Inception | 1992-03-17 |
ELME Stock Ratings
Growth Rating | -20.3 |
Fundamental | 20.7 |
Dividend Rating | 28.2 |
Rel. Strength | -6.58 |
Analysts | 3/5 |
Fair Price Momentum | 15.30 USD |
Fair Price DCF | 20.02 USD |
ELME Dividends
Dividend Yield 12m | 4.49% |
Yield on Cost 5y | 4.15% |
Annual Growth 5y | -9.71% |
Payout Consistency | 96.2% |
ELME Growth Ratios
Growth Correlation 3m | -38.2% |
Growth Correlation 12m | 16.1% |
Growth Correlation 5y | -63.7% |
CAGR 5y | -1.62% |
CAGR/Max DD 5y | -0.03 |
Sharpe Ratio 12m | -0.17 |
Alpha | -1.37 |
Beta | 0.558 |
Volatility | 22.03% |
Current Volume | 402.3k |
Average Volume 20d | 616.7k |
As of May 10, 2025, the stock is trading at USD 15.97 with a total of 402,316 shares traded.
Over the past week, the price has changed by -1.36%, over one month by +4.72%, over three months by +3.79% and over the past year by +5.99%.
Neither. Based on ValueRay Fundamental Analyses, Elme Communities is currently (May 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 20.71 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 May 2025 is 15.30. This means that ELME is currently overvalued and has a potential downside of -4.2%.
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
According to ValueRays Forecast Model, ELME Elme Communities will be worth about 16.5 in May 2026. The stock is currently trading at 15.97. This means that the stock has a potential upside of +3.44%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 19 | 19% |
Analysts Target Price | 17.3 | 8.5% |
ValueRay Target Price | 16.5 | 3.4% |