(ELME) Elme Communities - Overview

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

Stock: Multifamily Apartments, Commercial Space

Total Rating 22

Risk 79

Buy Signal -1.13

REIT - Residential » Multi-Family Residential REITs
Age: 33.9y

Market Cap: 195m
Avg Trading Vol: 15.8M USD

ATR: 17.70%
Peers RS (IBD): 0.10

EPS (Earnings per Share)

EPS CAGR: 1.78%
EPS Trend: -28.9%

Last SUE: 0.07
Qual. Beats: 0

Revenue

Rev. CAGR: 9.13%
Rev. Trend: 90.9%

Last SUE: 0.04
Qual. Beats: 0

Dividends

Dividend Yield	532.85%
Yield on Cost 5y	12.37%
Yield CAGR 5y	-12.94%
Payout Consistency	95.8%
Payout Ratio	196.7%

Risk 5d forecast
Volatility	28.9%
Relative Tail Risk	-16.4%

Reward TTM
Sharpe Ratio	-0.99
Alpha	-94.57

Character TTM
Beta	0.440
Beta Downside	-0.100

Drawdowns 3y
Max DD	87.69%
CAGR/Max DD	-0.56

Description: ELME Elme Communities January 15, 2026

Elme Communities (NYSE:ELME) is a U.S. multifamily REIT focused on the Washington, DC and Atlanta metros, owning and operating roughly 9,400 apartment units and about 300,000 sq ft of commercial space, with a stated mission to deliver higher-quality housing and service to middle-income renters.

Recent data (Q4 2023) show an occupancy rate near 96 % and year-over-year rent growth of approximately 5 % in its core markets, while cap rates have compressed to roughly 5.5 % in DC, reflecting strong demand and limited supply. The firm’s pipeline includes over 1,200 new units slated for completion through 2025, and its performance is sensitive to macro-factors such as Fed policy on interest rates and regional employment trends that drive rental demand.

For a deeper quantitative view of ELME’s valuation metrics, the ValueRay platform offers a concise dashboard worth exploring.

Piotroski VR‑10 (Strict, 0-10) 3.0

Net Income: -134.8m TTM > 0 and > 6% of Revenue
FCF/TA: 0.05 > 0.02 and ΔFCF/TA 0.07 > 1.0
NWC/Revenue: -284.4% < 20% (prev -85.64%; Δ -198.7% < -1%)
CFO/TA 0.05 > 3% & CFO 86.4m > Net Income -134.8m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 0.01 > 1.5 & < 3
Outstanding Shares: last quarter (88.1m) vs 12m ago 0.18% < -2%
Gross Margin: 40.13% > 18% (prev 0.40%; Δ 3973 % > 0.5%)
Asset Turnover: 13.95% > 50% (prev 12.93%; Δ 1.03% > 0%)
Interest Coverage Ratio: -0.77 > 6 (EBITDA TTM -11.8m / Interest Expense TTM 75.9m)

Altman Z'' -5.68

A: -0.42 (Total Current Assets 7.09m - Total Current Liabilities 709.3m) / Total Assets 1.69b
B: -0.49 (Retained Earnings -825.7m / Total Assets 1.69b)
C: -0.03 (EBIT TTM -58.8m / Avg Total Assets 1.77b)
D: -1.07 (Book Value of Equity -835.7m / Total Liabilities 777.7m)
Altman-Z'' Score: -5.68 = D

What is the price of ELME shares?

As of February 08, 2026, the stock is trading at USD 2.22 with a total of 1,493,696 shares traded.
Over the past week, the price has changed by +0.91%, over one month by -87.26%, over three months by -86.60% and over the past year by -85.31%.

Is ELME a buy, sell or hold?

Elme Communities has received a consensus analysts rating of 3.40. Therefor, it is recommend to hold ELME.

StrongBuy: 1
Buy: 0
Hold: 4
Sell: 0
StrongSell: 0

What are the forecasts/targets for the ELME price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	18	710.8%
Analysts Target Price	18	710.8%
ValueRay Target Price	3.7	64.9%

ELME Fundamental Data Overview February 04, 2026

P/S = 0.7884
P/B = 0.2142
Revenue TTM = 247.0m USD
EBIT TTM = -58.8m USD
EBITDA TTM = -11.8m USD
Long Term Debt = 523.3m USD (from longTermDebt, last quarter)
Short Term Debt = 709.3m USD (from shortTermDebt, last quarter)
Debt = 709.3m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 702.2m USD (from netDebt column, last quarter)
Enterprise Value = 896.9m USD (194.7m + Debt 709.3m - CCE 7.09m)
Interest Coverage Ratio = -0.77 (Ebit TTM -58.8m / Interest Expense TTM 75.9m)
EV/FCF = 10.39x (Enterprise Value 896.9m / FCF TTM 86.4m)
FCF Yield = 9.63% (FCF TTM 86.4m / Enterprise Value 896.9m)
FCF Margin = 34.97% (FCF TTM 86.4m / Revenue TTM 247.0m)
Net Margin = -54.57% (Net Income TTM -134.8m / Revenue TTM 247.0m)
Gross Margin = 40.13% ((Revenue TTM 247.0m - Cost of Revenue TTM 147.9m) / Revenue TTM)
Gross Margin QoQ = 19.21% (prev 21.93%)
Tobins Q-Ratio = 0.53 (Enterprise Value 896.9m / Total Assets 1.69b)
Interest Expense / Debt = 6.71% (Interest Expense 47.6m / Debt 709.3m)
Taxrate = 21.0% (US default 21%)
NOPAT = -46.5m (EBIT -58.8m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 0.01 (Total Current Assets 7.09m / Total Current Liabilities 709.3m)
Debt / Equity = 0.78 (Debt 709.3m / totalStockholderEquity, last quarter 908.9m)
Debt / EBITDA = -59.70 (negative EBITDA) (Net Debt 702.2m / EBITDA -11.8m)
Debt / FCF = 8.13 (Net Debt 702.2m / FCF TTM 86.4m)
Total Stockholder Equity = 1.02b (last 4 quarters mean from totalStockholderEquity)
RoA = -7.61% (Net Income -134.8m / Total Assets 1.69b)
RoE = -13.15% (Net Income TTM -134.8m / Total Stockholder Equity 1.02b)
RoCE = -3.80% (EBIT -58.8m / Capital Employed (Equity 1.02b + L.T.Debt 523.3m))
RoIC = -2.69% (negative operating profit) (NOPAT -46.5m / Invested Capital 1.73b)
WACC = 5.78% (E(194.7m)/V(904.0m) * Re(7.54%) + D(709.3m)/V(904.0m) * Rd(6.71%) * (1-Tc(0.21)))
Discount Rate = 7.54% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 100.0 | Cagr: 0.17%
[DCF Debug] Terminal Value 86.09% ; FCFF base≈89.2m ; Y1≈87.1m ; Y5≈87.8m
Fair Price DCF = 21.64 (EV 2.63b - Net Debt 702.2m = Equity 1.92b / Shares 88.9m; r=5.90% [WACC]; 5y FCF grow -3.46% → 2.90% )
EPS Correlation: -28.87 | EPS CAGR: 1.78% | SUE: 0.07 | # QB: 0
Revenue Correlation: 90.89 | Revenue CAGR: 9.13% | SUE: 0.04 | # QB: 0
EPS next Year (2026-12-31): EPS=-0.11 | Chg30d=N/A | Revisions Net=+0 | Growth EPS=+32.6% | Growth Revenue=-63.6%

Additional Sources for ELME Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle