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Elme Communities

ELME

NYSEReal EstateREIT - Residential

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Previous close

$1.66

+$0.04 · +2.47%

Aug 21, 4:00 PM ET

ELME company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

85

Deep Value

Momentum

19

Strong Down

Sentiment

43

Mixed

Risk resilience

33

High Risk

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Company profile

Company website

Elme Communities is a prominent owner and operator of distinctive real estate assets strategically located throughout the Washington D.C. metropolitan region. Leveraging a foundation built on decades of deep experience, specialized expertise, and forward-thinking ambition, we excel at generating value by transforming keen market insights into actionable strategies and executing them effectively. As of October 29, 2020, our substantial portfolio comprised 45 diverse properties, featuring approximately 3.7 million square feet of commercial space alongside 6,863 multifamily apartment units. This collection includes 22 multifamily residential complexes, 15 office buildings, and 8 retail centers. Elme Communities' shares are publicly traded on the New York Stock Exchange (NYSE). Renowned for consistently delivering strong investor returns and ensuring stakeholder satisfaction, we have established ourselves as a trusted authority within one of the nation's most fiercely competitive real estate markets.

Industry
REIT - Residential
Sector
Real Estate
Headquarters
US
CEO
Paul T. McDermott
Listed since
Mar 17, 1980
Employees
255

Market position

Day range

Current $1.66

52-week range

Current $1.66

Open
$1.67
Previous close
$1.62
Volume
1.27M
0.97× average
Average volume
1.31M
Average daily volume
Market cap
147.5M USD
Beta
0.79
Market reference 1
50-day average
$1.6466
+0.81% above average
200-day average
$5.3475
-68.96% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
720.92M USD
P/E (TTM)
-0.95×
P/B (TTM)
0.87×
P/S (TTM)
-1.19×
EV / EBITDA
-16.37×
Earnings yield
-10.06%
Free cash flow yield
4.06%
Dividend yield
894.58%

Profitability & efficiency

Gross margin
139.27%
Operating margin
98.88%
Net margin
124.73%
Return on equity
-64.53%
Return on assets
-7.29%
Return on invested capital
-15.23%

Financial health

Debt / equity
1.5×
Current ratio
1.02×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends70%36%2%-32%Gross margin, FY2021: 60.44%Gross margin, FY2022: 61.11%Gross margin, FY2023: 61.42%Gross margin, FY2024: 59.67%Operating margin, FY2021: -0.29%Operating margin, FY2022: -0.82%Operating margin, FY2023: -10.12%Operating margin, FY2024: 9.70%Net margin, FY2021: -12.88%Net margin, FY2022: -14.74%Net margin, FY2023: -23.24%Net margin, FY2024: -5.42%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 60.44%. Gross margin FY2022 61.11%. Gross margin FY2023 61.42%. Gross margin FY2024 59.67%. Operating margin FY2021 -0.29%. Operating margin FY2022 -0.82%. Operating margin FY2023 -10.12%. Operating margin FY2024 9.70%. Net margin FY2021 -12.88%. Net margin FY2022 -14.74%. Net margin FY2023 -23.24%. Net margin FY2024 -5.42%.

Income trends

Revenue

241.94M USD+6.15%

Operating income

−122.21M USD−145.68M USD

Net income

−154.16M USD-1076.54%
Income trends across reported periods281.54M USD123.11M USD−35.33M USD−193.77M USDRevenue, FY2021: 169.15M USDRevenue, FY2022: 209.38M USDRevenue, FY2023: 227.91M USDRevenue, FY2024: 241.94M USDOperating income, FY2021: −484K USDOperating income, FY2022: −1.72M USDOperating income, FY2023: −23.06M USDOperating income, FY2024: 23.47M USDOperating income, FY2025: −122.21M USDNet income, FY2021: −21.79M USDNet income, FY2022: −30.87M USDNet income, FY2023: −52.98M USDNet income, FY2024: −13.1M USDNet income, FY2025: −154.16M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 169.15M USD. Revenue FY2022 209.38M USD. Revenue FY2023 227.91M USD. Revenue FY2024 241.94M USD. Operating income FY2021 −484K USD. Operating income FY2022 −1.72M USD. Operating income FY2023 −23.06M USD. Operating income FY2024 23.47M USD. Operating income FY2025 −122.21M USD. Net income FY2021 −21.79M USD. Net income FY2022 −30.87M USD. Net income FY2023 −52.98M USD. Net income FY2024 −13.1M USD. Net income FY2025 −154.16M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue—241.94M USD227.91M USD209.38M USD169.15M USD
Cost of goods sold76.6M USD97.56M USD87.94M USD81.44M USD66.92M USD
Gross profit−76.6M USD144.37M USD139.97M USD127.94M USD102.24M USD
Research and development————−0.31 USD
Selling, general, and administrative54.59M USD24.97M USD25.89M USD28.26M USD34.17M USD
Operating expenses45.61M USD120.9M USD163.04M USD129.67M USD106.83M USD
Interest expense31.95M USD37.84M USD30.43M USD24.94M USD34.06M USD
Depreciation and amortization78.16M USD95.94M USD88.95M USD91.72M USD179.61M USD
Operating income−122.21M USD23.47M USD−23.06M USD−1.72M USD−484K USD
Net income−154.16M USD−13.1M USD−52.98M USD−30.87M USD−21.79M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
20%
2 beats, 7 misses, 1 met estimate
Average EPS surprise
-88.00%
10 comparable reports
Latest EPS result
-0.04

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates1.530.890.25-0.39Q4 '24BeatQ1 '25MetQ2 '25MissQ3 '25MissQ4 '25BeatQ1 '26MissQ2 '26MissQ3 '26No estimate
Q4 2024, reported Nov 4, 2024: actual -0.03, estimate -0.032, surprise +7.21%, Beat. Q1 2025, reported Feb 13, 2025: actual -0.03, estimate -0.03, surprise 0.00%, Met estimate. Q2 2025, reported May 1, 2025: actual -0.05, estimate 0.23, surprise -121.74%, Miss. Q3 2025, reported Aug 5, 2025: actual -0.04, estimate 0.23, surprise -117.39%, Miss. Q4 2025, reported Oct 23, 2025: actual 1.4, estimate 0.23, surprise +508.70%, Beat. Q1 2026, reported Mar 26, 2026: actual -0.26, estimate -0.034, surprise -668.09%, Miss. Q2 2026, reported May 11, 2026: actual -0.05, estimate 0.24, surprise -120.83%, Miss. Q3 2026, reported Aug 4, 2026: actual -0.04, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates82.05M-13.81M-109.67M-205.53MQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26MissQ2 '26EstimateQ3 '26EstimateQ4 '26Estimate
Q1 2025, reported Feb 13, 2025: actual 61.26M USD, estimate 60.47M USD, surprise +1.31%, Beat. Q2 2025, reported May 1, 2025: actual 61.49M USD, estimate 61.18M USD, surprise +0.50%, Beat. Q3 2025, reported Aug 5, 2025: actual 62.1M USD, estimate 61.54M USD, surprise +0.91%, Beat. Q4 2025, reported Oct 23, 2025: actual 62.1M USD, estimate 62.22M USD, surprise -0.18%, Miss. Q1 2026, reported Mar 26, 2026: actual -185.7M USD, estimate 43.48M USD, surprise -527.09%, Miss. Q2 2026, reported May 11, 2026: actual —, estimate 25.15M USD, surprise —, Comparison unavailable. Q3 2026, reported Aug 4, 2026: actual —, estimate 21.17M USD, surprise —, Comparison unavailable. Q4 2026, reported Oct 22, 2026: actual —, estimate 11.13M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$19.00

1044.58% upside
Past 12 months12-month forecastHigh $19.00Average $19.00Low $19.00

ELME peers

Welltower Inc. logo

WELL

Welltower Inc.

$239.3

+0.80%

Prologis, Inc. logo

PLD

Prologis, Inc.

$141.8

+0.79%

American Tower Corporation logo

AMT

American Tower Corporation

$175.8

+0.05%

Simon Property Group, Inc. logo

SPG

Simon Property Group, Inc.

$218.29

-0.73%

Digital Realty Trust, Inc. logo

DLR

Digital Realty Trust, Inc.

$190.62

-1.89%

Public Storage logo

PSA

Public Storage

$322.49

-0.08%

ETFs holding ELME

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
4.55M
Weight
0.00%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
iShares U.S. Small-Cap Equity Factor ETF logoiShares U.S. Small-Cap Equity Factor ETFSMLF
Market value
762.01K
Weight
0.02%
AUM
4.3B USD
Expense ratio
0.15%
Price / 1D
$89.29+0.80%
Fidelity Real Estate Income ETF logoFidelity Real Estate Income ETFFREI
Market value
734.07K
Weight
0.02%
AUM
21.08M USD
Expense ratio
0.59%
Price / 1D
$24.92-0.04%
Residential REIT ETF logoResidential REIT ETFHAUS
Market value
188.41K
Weight
2.35%
AUM
9.04M USD
Expense ratio
0.60%
Price / 1D
$18.675+0.19%
Fidelity Real Estate Investment ETF logoFidelity Real Estate Investment ETFFPRO
Market value
122.16K
Weight
0.75%
AUM
16.51M USD
Expense ratio
0.57%
Price / 1D
$25.365-0.22%
Avantis Real Estate ETF logoAvantis Real Estate ETFAVRE
Market value
18.33K
Weight
—
AUM
877.49M USD
Expense ratio
0.17%
Price / 1D
$48.26-0.19%

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