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Elme Communities (ELME)

Market Open
15 Jun, 19:54
NYSE NYSE
$
2. 03
0
0%
$
180.38M Market Cap
- P/E Ratio
0.72% Div Yield
123,604 Volume
-0.06 Eps
$ 2.03
Previous Close
Add Transaction
Day Range
2.02 2.06
Year Range
1.98 17.68
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Summary

ELME trading today higher at $2.03, an increase of 0% from yesterday's close, completing a monthly decrease of -6.8807% or -$0.15. Over the past 12 months, ELME stock lost -88.3333%.
ELME pays dividends to its shareholders, with the most recent payment made on Oct 03, 2025. The next estimated payment will be in 5 months ago on Jan 03, 2026 for a total of $0.18.
The last earnings report, released on Apr 29, 2026, exceeded the consensus estimates by 0%. On average, the company has fell short of earnings expectations by -0.0654%, based on the last three reports.
Elme Communities has completed 4 stock splits, with the recent split occurring on Jun 01, 1992.
The company's stock is traded on 2 different exchanges and in various currencies, with the primary listing on NYSE (USD).

ELME Chart

Elme Communities: A Short-Term Liquidation Opportunity

Elme Communities: A Short-Term Liquidation Opportunity

Elme Communities (ELME) is in the late stages of liquidation, offering a clear arbitrage opportunity as shares trade below estimated NAV. ELME has already distributed $14.67 per share and management guides for an additional $2.35–$2.80 per share in remaining payouts. Management compensation is tightly aligned with shareholder outcomes, incentivizing both higher distributions and a timely wind-down by July 2026.

Seekingalpha | 2 months ago
Elme Communities (ELME) Shareholder/Analyst Call Prepared Remarks Transcript

Elme Communities (ELME) Shareholder/Analyst Call Prepared Remarks Transcript

Elme Communities ( ELME ) Shareholder/Analyst Call October 30, 2025 8:30 AM EDT Company Participants Benjamin Butcher Drew Hammond Presentation Operator Hello, and welcome to the Special Meeting of Shareholders of Elme Communities. Please note that today's meeting is being recorded.

Seekingalpha | 7 months ago
Elme Communities (ELME) Q2 2025 Earnings Call Transcript

Elme Communities (ELME) Q2 2025 Earnings Call Transcript

Elme Communities (NYSE:ELME ) Q2 2025 Earnings Conference Call August 6, 2025 10:00 AM ET Company Participants Amy Hopkins - Vice President of Investor Relations Paul T. McDermott - Chairman of Board, President & CEO Steven M.

Seekingalpha | 10 months ago

Elme Communities (ELME) FAQ

What is the stock price today?

The current price is $2.03.

On which exchange is it traded?

Elme Communities is listed on NYSE.

What is its stock symbol?

The ticker symbol is ELME.

Does it pay dividends? What is the current yield?

Yes, It pays dividends and the current yield is 0.72%.

What is its market cap?

As of today, the market cap is 180.38M.

Has Elme Communities ever had a stock split?

Elme Communities had 4 splits and the recent split was on Jun 01, 1992.

Elme Communities Profile

Office REITs Industry
Real Estate Sector
Paul T. McDermott CEO
NYSE Exchange
939653101 CUSIP
US Country
255 Employees
8 Jan 2026 Last Dividend
1 Jun 1992 Last Split
17 Mar 1992 IPO Date

Overview

Elme Communities stands as a multifamily real estate investment trust (REIT), dedicated to redefining the concept of home for middle-income renters. With a commitment to providing superior quality, service, and overall experience, the company has established itself within the real estate sector by targeting an often overlooked yet substantial market segment. Operating in strategically chosen locations, Elme Communities has a significant presence in the Washington, DC, and Atlanta metro regions, where it owns and manages approximately 9,400 apartment homes. Additionally, the company extends its real estate portfolio to include around 300,000 square feet of commercial space. By focusing on middle-market demand, Elme Communities aims not only to meet the housing needs of this demographic but also to create lasting value for its shareholders through sustainable and thoughtful investment strategies.

Products and Services

  • Multifamily Apartment Homes

    Elme Communities owns and operates a portfolio of around 9,400 apartment homes located in the vital metro areas of Washington, DC, and Atlanta. These properties cater exclusively to middle-income renters, offering them quality housing options that are both affordable and located in desirable areas. This focus on the mid-market segment addresses a significant and enduring demand, ensuring a stable base of tenants while contributing to the company's growth and stability.

  • Commercial Real Estate

    Alongside its residential offerings, Elme Communities also owns approximately 300,000 square feet of commercial space. This aspect of their portfolio allows them to diversify their real estate investments and services. By providing commercial leasing opportunities, Elme Communities can cater to a broad spectrum of business needs, thereby enhancing the vibrancy and utility of the communities they serve. This strategic inclusion of commercial properties underscores the company's comprehensive approach to real estate development and investment.

Contact Information

Address: 1775 Eye Street, NW
Phone: 202-774-3200