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NYSE · REIT - Residential · USD

Elme Communities (ELME) Stock Analysis

Elme Communities (ELME) is a REIT - Residential stock listed on NYSE and quoted in US Dollar.

ELME

$1.69

+$0.01 (+0.60%)

Sep 4, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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ELME Key Statistics

As of Sep 4, 2026
Trading
Open
$1.68
Previous Close
$1.68
Day's Range
1.67–1.70
52-Week Range
1.26–17.68
Volume
421.10K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.80
Valuation
Market Cap
$150.17M
P/E Ratio
unprofitable
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
43.49
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
0.61
EPS (ttm)Profit attributable to each share over the last twelve months.
−1.23
Financials (FY)
Revenue (FY)
$241.94M+6.15%
Net Income (FY)
−$13.10M
Profit marginThe share of revenue left as profit after all costs and taxes.
−74.71%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
88.86M
1-Year Return
−35.03%
Dividend and dates
Dividend
$0.72+42.86%
Ex-Dividend Date
January 8, 2026
Earnings Date
October 22, 2026estimated
Avg Volume
1.32M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

ELME Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−36.72%
2025+17.69%
2024+9.64%
2023−14.09%
2022−28.85%
2021+24.26%
2020−21.88%
2019+32.41%
2018−22.82%
2017−1.18%
2016 (partial year)−1.82%

As of September 4, 2026.

ELME Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2024$241.94M−$13.10M−5.4%
2023$227.91M−$52.98M−23.2%
2022$209.38M−$30.87M−14.7%
2021$169.15M$16.38M9.7%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2024$241.94M$144.37M$23.47M−$13.10M−5.4%
2023$227.91M$139.97M$25.14M−$52.98M−23.2%
2022$209.38M$127.94M$7.96M−$30.87M−14.7%
2021$169.15M$102.24M$2.04M$16.38M9.7%

Annual figures as reported, in the company's reporting currency. As of December 31, 2024.

ELME Dividend History

$0.54−25.0% vs 2024

Dividends per share, 2025 · 3 payments

YearDividends per sharePaymentsChange
2026*$14.671
2025$0.543−25.0%
2024$0.724+0.0%
2023$0.724+5.9%
YearDividends per sharePaymentsChange
2026 (partial year)$14.671
2025$0.543−25.0%
2024$0.724+0.0%
2023$0.724+5.9%
2022$0.684−27.7%
2021$0.944−21.7%
2020$1.204+0.0%
2019$1.204+0.0%
2018$1.204+0.0%
2017$1.204+100.0%
2016$0.602

Most recent payment: $14.67 per share, ex-dividend January 8, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

ELME Valuation vs REIT - Residential Median

Median of 23 stocks
MetricELMEREIT - Residential medianvs median
P/S ratio0.616.650.1x the median
Profit margin−74.71%20.86%95.6 pts below

Medians across 23 REIT - Residential stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Recent News

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

The market values Elme Communities (ELME) at $150.17M. It is classified in the REIT - Residential industry, within the Real Estate sector.

Over the past 52 weeks the price has ranged from $1.26 to $17.68. The most recent close on file for ELME is $1.69, dated September 4, 2026. That is +$0.01 (+0.60%) against the previous close. The latest close sits 34.13% above that 52-week low.

Financial Health

Fiscal 2024 revenue came to $241.94M. That is +6.15% against the prior fiscal year, when revenue was $227.91M. The same year closed with a net loss of $13.10M. The reported profit margin is −74.71%. That is 95.6 percentage points below the REIT - Residential median of 20.86%. Trailing earnings per share are −1.23.

Across the 4 fiscal years on file, revenue moves from $169.15M in 2021 to $241.94M in 2024. Of those 4 years, 1 report positive net income.

Valuation Assessment

The record shows negative trailing earnings, so no price-to-earnings ratio is published. The PEG ratio, which sets the P/E against expected earnings growth, reads 43.49. Measured against sales, the shares trade at 0.61 times revenue. On price-to-sales that is 0.1 times the REIT - Residential median of 6.65. 23 REIT - Residential companies report these metrics, and the medians quoted come from that group.

The trailing one-year price return is −35.03%. Across 10 years the annualized return works out at −6.74%. The reported beta is 0.8. Annualized volatility over the trailing 10 years is 29.97%.

Growth & Income

ELME pays a dividend yielding 42.86%. That is 38.6 percentage points above the REIT - Residential median yield of 4.27%. The indicated annual rate is $0.72 a share. The ex-dividend date on file is January 8, 2026. Dividends are recorded for 11 calendar years; 2026 shows 1 payments totalling $14.67 a share. The year before, 2025, totalled $0.54 a share.

So far in 2026 the price is −36.72%. Across the complete calendar years on file, 2019 returned +32.41% and 2022 returned −28.85%. Of the 9 complete calendar years on file, 4 finished higher.

Peer Comparison

Elme Communities (ELME) operates in the REIT - Residential industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Elme Communities ELME $150.17M
AvalonBay Communities, Inc. VMRK $50.57B 25.0
AvalonBay Communities Inc AVB $26.28B 25.3
Equity Residential EQR $24.61B 28.7

The REIT - Residential industry average P/E ratio is 28.7x. Elme Communities has no P/E ratio because it is not currently profitable.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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About Elme Communities

Elme Communities is committed to elevating what home can be for middle-income renters by providing a higher level of quality, service, and experience. The Company is a multifamily real estate investment trust that owns and operates approximately 9,400 apartment homes in the Washington, DC metro and the Atlanta metro regions, and owns approximately 300,000 square feet of commercial space. Elme Communities was incorporated in 1960 in Maryland.

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