Elme Communities Common Stock (NYSE:ELME) Stock Quote
This article provides a detailed stock quote for Elme Communities Common Stock (NYSE:ELME), including current price, trading volume, ranges, shares outstanding, and dividend yield. It also lists recent news headlines and performance metrics, such as YTD and 1-year returns, along with upcoming earnings dates. The content also features an FAQ section addressing common questions about the company's publicly traded status, exchange, ticker symbol, and market capitalization.
Elme Communities sells Germantown apartment community to nonprofit for $53.7M
Elme Communities has sold its 218-unit apartment community in Germantown, formerly known as Elme Germantown and now Hadley Germantown, to the NHP Foundation for $53.7 million. The nonprofit buyer plans to rebrand the property and implement affordability covenants, restricting rents for 75% of the units. This move aims to ensure long-term affordability within the community.
Slumping DC market dings Elme’s shareholder payout as it liquidates
Elme Communities is facing a reduced shareholder payout due to a slumping Washington D.C. real estate market affecting its liquidation process. The REIT's projected distributions are now between $16.74 and $17.02 per common share, lower than the previously estimated $17.02 to $17.47. This reduction is attributed to lower proceeds from property sales and increased operational costs, with the company aiming to complete its liquidation by mid-2026.
State Street (ELME) holds 110,287 shares, 0.1% ownership reported
State Street Corporation has reported a passive investment in ELME Communities through a Schedule 13G filing, disclosing beneficial ownership of 110,287 shares, which represents 0.1% of ELME's common stock as of March 31, 2026. The filing indicates shared voting power of 101,020 shares and shared dispositive power of 110,287 shares, classifying the holding as non-control. Elizabeth Schaefer, Senior Vice President and Chief Accounting Officer, signed the filing on May 12, 2026.
Elme Communities Provides Update On Liquidation Activities
Elme Communities announced an update on its liquidation activities, having sold five properties and entered agreements for four more, expecting to complete all sales by mid-2026. The company updated its estimated total liquidating distributions to shareholders to $16.74 - $17.02 per share, including a previously paid distribution, and anticipates delisting from NYSE and dissolution in Q3 2026. This revised estimate reflects changes in gross proceeds due to market conditions and other adjustments.
Elme Communities Offers Update on Liquidation Process
Elme Communities (NYSE: ELME) has provided an update on its ongoing liquidation, announcing the sale of five additional properties for approximately $252.7 million. Following an initial liquidating distribution in January, the company plans to use proceeds from property sales to repay a $288.5 million term loan and return net proceeds to shareholders, with estimated total distributions between $16.74 and $17.02 per common share. Elme will continue to list on the NYSE until deciding to voluntarily delist to reduce expenses and maximize shareholder return.
Press Release: Elme Communities Provides Update On Liquidation Activities
Elme Communities (NYSE: ELS) has provided an update on its ongoing liquidation activities, including the status of its portfolio sales. The company is actively working to divest its properties as part of its strategic plan to return capital to shareholders. This update aims to keep stakeholders informed of the progress and next steps in the liquidation process.
Elme Communities lowers liquidation payout estimate to $17.02
Elme Communities (NYSE:ELME) has reduced its estimated total liquidating distribution range to $16.74-$17.02 per share from a previous estimate of $17.02-$17.47, citing lower contract pricing for some properties due to market conditions. The company has sold five properties for $252.7 million and has purchase agreements for four more totaling $431.3 million, with plans to voluntarily delist and dissolve by Q3 2026. Despite a significant stock price decline, InvestingPro analysis suggests the company is undervalued.
Elme Communities (NYSE: ELME) trims payout range and targets Q3 2026 dissolution
Elme Communities has updated its liquidation plan, trimming the estimated total liquidating distributions to $16.74–$17.02 per share, down from a prior estimate of $17.02–$17.47. This adjustment is primarily due to lower expected sale prices for certain properties and modestly higher costs. The company has sold five properties for $252.7 million and has contracts for four more totaling $431.3 million, with delisting from NYSE and dissolution targeted for Q3 2026.
Elme Communities (NYSE:ELME) Receives Average Rating of "Reduce" from Analysts
Elme Communities (NYSE:ELME) has received an average rating of "Reduce" from analysts, with one analyst recommending a "sell" and three a "hold." The average 12-month target price is $18.00, while the stock currently trades near multi-month lows at $2.19. The company, a REIT specializing in senior living real estate, has high institutional ownership and a market capitalization of approximately $194 million.
Elme Communities (NYSE:ELME) Short Interest Update
Elme Communities (NYSE:ELME) experienced a 16.2% increase in short interest during April, reaching 2,683,458 shares, with a short-interest ratio of 2.3 days. The stock recently traded at $2.17, near its 1-year low and significantly below its 200-day simple moving average. Analysts maintain an average "Reduce" rating with a consensus price target of $18.00, while institutional investors hold a substantial 87.9% of the company's shares.
Elme Communities (NYSE:ELME) - Stock Analysis
This Simply Wall Street analysis provides a comprehensive overview of Elme Communities (NYSE:ELME), detailing its valuation, growth prospects, past performance, and financial health. The report highlights that ELME is trading significantly below its estimated fair value, despite having declined earnings over the past five years. Recent news suggests a liquidation plan is underway, with distributions expected for shareholders.
Executive payouts and liquidation incentives at Elme Communities (NYSE: ELME)
Elme Communities filed an amendment to its annual report, detailing executive payouts and governance changes following its Plan of Sale and Liquidation. The filing outlines new retention agreements for key executives, including CEO Paul McDermott, and a new short-term incentive plan tied to liquidation progress and asset sales. It also updates information on board members, committee structures, and compensation adjustments for trustees and executives during the company's liquidation phase.
Elme Communities (ELME) Expected to Announce Earnings on Thursday
Elme Communities (NYSE: ELME) is anticipated to release its Q1 2026 earnings before market open on Thursday, April 30th, with analysts projecting earnings of $0.24 per share and revenue of $25.154 million. The company's shares are currently trading around $2.10, significantly below its 52-week high, reflecting a negative P/E ratio and an $186.2 million market cap. Institutional ownership stands at 87.9%, and analysts have a "Reduce" consensus rating with an average price target of $18.00.
Elme Communities stock: Why it's drawing investor attention amid volatility
Elme Communities, a residential REIT, has experienced significant price swings but focuses on high-growth urban markets with properties primarily in the Washington D.C. metropolitan area and the Sunbelt region. Despite recent declines and cautious analyst ratings, its business model emphasizes steady rental income and operational efficiency, tapping into long-term demographic trends. Investors should weigh short-term volatility against robust demand for apartments and potential opportunities if interest rates decline.
Elme Communities (NYSE:ELME) Given Average Recommendation of "Reduce" by Analysts
Elme Communities (NYSE:ELME) has received an average "Reduce" recommendation from analysts, with one sell rating and three hold ratings among the four brokerages covering the stock. The average 1-year target price for the company is $18.00. The stock recently traded near its 12-month low of $1.98, far below its 12-month high of $17.68, and institutional investors own a significant 87.88% of the shares.
BTIG Research Reaffirms Neutral Rating for Elme Communities (NYSE:ELME)
BTIG Research has reissued a "neutral" rating for Elme Communities (NYSE:ELME), while Weiss Ratings maintains a "sell (d+)" rating, leading to a consensus "Reduce" rating with an average target price of $18.00. The stock is currently trading near its 52-week low at $2.04, with a market capitalization of $180.83 million and negative P/E ratio. Elme Communities operates as a REIT specializing in senior living real estate, and institutional investors collectively own 87.88% of its shares.
ELME PE Ratio & Valuation, Is ELME Overvalued
This article analyzes the valuation of Elme Communities (ELME), concluding that it is currently in an "Undervalued" zone based on its forward PS ratio compared to its five-year average. It details ELME's Price-to-Book (P/B) ratio, Forward Free Cash Flow (FCF) yield, and compares its P/S ratio to competitors, noting that while revenue growth is robust, the premium appears unsustainable. The article also provides answers to frequently asked questions regarding ELME's valuation metrics.
Elme Communities (ELME) price target increased by 42.10% to 18.36
Elme Communities (ELME) has seen its price target raised by 42.10% to $18.36. This significant increase suggests a strong positive outlook for the company's stock from analysts. Investors will likely view this as a bullish signal for ELME.
Elme Communities Stock: Steady Dividend Play in Senior Housing REIT Sector for North American Investors
Elme Communities (NYSE: ELME) is highlighted as a high-yield dividend play in the senior living REIT sector, leveraging demographic shifts in North America. The company focuses on stable markets with high barriers to entry, pursuing flexible transaction structures to diversify its portfolio. Its appeal to North American investors is driven by consistent dividend payouts, alignment with long-term aging trends, and inflation-hedging potential through embedded rent escalators.
Elme Communities (ELME) price target increased by 42.10% to 18.36
Elme Communities (ELME) has seen its price target increased by 42.10%, raising it to 18.36. This updated target indicates a significant upward revision in expectations for the company's stock performance.
Elme Communities (NYSE:ELME) Short Interest Down 46.1% in March
Elme Communities (NYSE:ELME) experienced a significant 46.1% decrease in short interest during March, with total shorted shares falling to 2,382,290. The stock is trading near its recent lows, with a market capitalization of $182.1 million, while institutional ownership remains high at 87.88%. Analysts currently have a "Reduce" consensus rating for the company, with a collective target price of $18.00.
Elme Communities Stock Faces Pressure Amid Shifting Apartment Market Dynamics in 2026
Elme Communities (ISIN: US2855121099), a multifamily REIT, is navigating elevated financing costs and softening occupancy trends, particularly in its East Coast portfolio. Despite stabilizing occupancy and meeting analyst expectations for core FFO, the company faces pressure from rising interest expenses and upcoming debt maturities. Investors are closely watching its dividend sustainability and growth outlook amidst Federal Reserve rate uncertainty and regional supply challenges.
Elme Communities stock faces pressure amid rising interest rates and occupancy challenges in US apartment market
Elme Communities (ISIN: US2855121099) is experiencing pressure due to rising interest rates and occupancy challenges in the US apartment market. The Q4 2025 earnings report showed stable occupancy but margin compression from higher interest expenses, leading to a stock dip on the NYSE. Despite maintaining FFO guidance and having a strong liquidity position, the company's underperformance relative to the MSCI US REIT Index and market skepticism regarding its NAV per share highlight ongoing concerns for investors, especially those in DACH countries analyzing currency risks.
Elme Communities Hits 52-Week Low, Trading at $2.02
Elme Communities, a microcap real estate firm, has reached a new 52-week low at $2.02, reflecting an 86.97% decline over the past year. The company is facing significant financial challenges, including negative growth in net sales and operating profit, a high debt-equity ratio, and ongoing losses, despite a high dividend yield. Its market capitalization stands at $186 million, and it operates at a loss with a return on equity of -2.54%.
Elme Communities Hits New 52-Week Low at $2.06 Amid Major Decline
Elme Communities, a microcap realty firm, has hit a new 52-week low of $2.06, reflecting a significant 86.71% decline over the past year. The company is facing financial strain with a negative return on equity, decreasing net sales and operating profit, and an alarming debt-equity ratio. These factors highlight the challenges Elme Communities is experiencing in the real estate market.
Irenic Capital Management LP Purchases Shares of 1,699,873 Elme Communities $ELME
Irenic Capital Management LP recently acquired 1,699,873 shares of Elme Communities (NYSE:ELME) valued at approximately $28.66 million, making it their 10th-largest holding and giving them a 1.93% stake in the company. Other institutional investors like Wolverine Asset Management and Vanderbilt University also adjusted their positions, contributing to Elme Communities having about 87.88% institutional ownership. Despite significant institutional interest, analysts maintain a "Reduce" rating with an average target price of $18.00, while the stock trades near $2.07.
Elme Communities $ELME Holdings Lowered by Argosy Lionbridge Management LLC
Argosy Lionbridge Management LLC significantly reduced its stake in Elme Communities (NYSE:ELME) by 35.5% in the third quarter, selling over 700,000 shares. Despite this, other institutions like UBS and Jane Street Group LLC increased their positions, and institutional investors collectively own 87.88% of the company's stock. Research analysts currently have a "Reduce" rating on Elme Communities, with an average target price of $18.00, while the stock trades near its 52-week low.
Mangrove Partners IM LLC Takes $34.49 Million Position in Elme Communities $ELME
Mangrove Partners IM LLC has taken a significant new position in Elme Communities (NYSE: ELME), acquiring 2,045,358 shares valued at approximately $34.49 million during the third quarter. This investment makes ELME the 15th-largest holding in Mangrove's portfolio, representing 2.9% of its total assets and 2.32% ownership of Elme Communities. Despite this substantial investment, analyst sentiment for Elme Communities is weak, with a consensus "Reduce" rating and a target price of $18.00, while the stock recently traded around $2.07.
United States - Ballard Spahr Advises Elme Communities On Sale Of $1.6B Multifamily Portfolio
Ballard Spahr's national Real Estate Department advised Elme Communities, a multifamily REIT, on the liquidation of its multifamily residential communities. This involved the $1.6 billion portfolio sale to an affiliate of Cortland Partners as part of a shareholder-approved plan of sale and liquidation. The plan includes the disposition of all of Elme Communities’ assets, along with the voluntary wind-down and dissolution of its business.
Elme Communities Stock (ISIN: US2855121099) Navigates Senior Housing Demand Shift in 2026
Elme Communities, a senior housing operator, faces challenges in 2026 due to moderating demand post-pandemic, rising operational costs, and investor scrutiny over dividend sustainability. Despite long-term demographic tailwinds, the company's focus has shifted to same-community net operating income growth and cost efficiency to maintain its defensive, yield-oriented position. European investors are advised to consider currency exposure and the stock's sensitivity to interest rates, as it currently represents a hold-and-monitor opportunity rather than a strong buy for growth investors.
Watergate office building sells for $52M as Elme exits sector
The Watergate 600 office building in Washington, D.C., part of the historic Watergate complex, has been sold for $52.5 million to Jetset Hospitality at a significant discount from its previous sale price in 2017. This sale marks Elme Communities' complete exit from office ownership as it shifts focus to multifamily properties. The transaction highlights the sharp repricing of office assets post-pandemic and attracted an opportunistic buyer in Jetset Hospitality, which typically focuses on hospitality investments.
Elme stock up after announcement of voluntary liquidation plan, asset sale
Elme Communities' stock rose following its announcement of a voluntary liquidation plan, which includes the sale of all its assets. The plan is subject to shareholder approval and is expected to occur in stages over 12 to 24 months, with an estimated net value of $16.50 to $19.00 per share.
The Technical Signals Behind (ELME) That Institutions Follow
This article from Stock Traders Daily outlines the technical signals and institutional trading strategies for Elme Communities (NASDAQ: ELME), as generated by their AI models. It details various strategies, including position trading, momentum breakout, and risk hedging, along with multi-timeframe signal analysis and support/resistance levels. The piece emphasizes the platform's features, such as real-time signals, risk-reward ratios, and personalized alerts, accessible via a free account registration.
Watergate 600 office has sold. It will remain office.
The office building known as Watergate 600, located at 600 New Hampshire Ave. NW, has been sold to Jetset Hospitality. The sale is part of Elme Communities' liquidation plan, and the property is expected to retain its office designation.
ELME SEC Filings - Elme Communities 10-K, 10-Q, 8-K Forms
This page provides comprehensive access to Elme Communities (ELME) SEC filings, including 10-K, 10-Q, and 8-K forms, crucial for investors monitoring the company's Plan of Sale and Liquidation. It highlights recent filings detailing the sale of 19 multifamily properties, changes in capital structure, and liquidating distributions, often accompanied by AI-powered summaries for easier understanding. The recent filings confirm Elme's strategic exit from operating assets to return capital to shareholders, with key events like a significant portfolio sale and secured term loan from Goldman Sachs.
ELME: Liquidation plan underway with $1.6B in asset sales and $14.67/share distributed; final payouts pending
Elme Communities (ELME) has initiated a full liquidation plan, selling 19 properties for $1.6 billion and distributing $14.67 per share. The company expects to complete remaining asset sales by mid-2026, with total estimated distributions per share ranging from $17.02 to $17.47, though these figures are subject to market and operational risks.
Elme Sells 800+ Atlanta-Area Apartments to FPA
Elme Communities, a Maryland-based landlord, has sold over 800 apartments in the Atlanta suburbs to FPA Multifamily as part of its planned wind-down. The transaction includes two ReNew-branded garden communities, ReNew Cobb and ReNew Dunwoody, in the Marietta and Sandy Springs areas. This sale is part of Elme's broader strategy to liquidate its portfolio and return cash to shareholders, following a major 19-property portfolio sale in November.
ELME Financials: Income Statement, Balance Sheet & Cash Flow
This article provides a detailed financial overview of Elme Communities (ELME), presenting its income statement, balance sheet, and cash flow information. It highlights key financial metrics for fiscal year 2025, including a significant net income decrease of 1076.5% to -$154.2M, and an operating margin of -59.2%. The company's financial health is rated as weak with a Piotroski F-Score of 2/9, and it faces challenges in earnings quality and interest coverage.
ELME Stock Price, Forecast & Analysis | ELME COMMUNITIES (NYSE:ELME)
This article provides an analysis of ELME Communities (NYSE:ELME), including its stock price, forecast, and key statistics. Currently trading at $2.18, the stock has seen significant declines over the past year. Analysts project a substantial price increase of 492.66% in the next year, with an average target of $12.92, despite concerns regarding its profitability and financial health, as indicated by ChartMill's fundamental rating of 3/10.
ELME: Liquidation Distributions Will Drive Attractive Cash Returns Through Asset Sales
Elme Communities (ELME) is undergoing liquidation, with an estimated total liquidating distribution of $17.02 to $17.47 per common share, including a special payout of $14.67 already made. The company is actively selling off its remaining assets and has seen significant changes in its board and index inclusions. Despite a maintained fair value of $18.00 by analysts, the valuation model reflects a higher discount rate, a steep revenue decline outlook, and an unusually large future P/E multiple.
Elme Communities (ELME) to Release Quarterly Earnings on Thursday
Elme Communities (ELME) is scheduled to release its Q4 2025 earnings before market open on Thursday, February 12th, with analysts forecasting earnings per share of $0.23 and revenue of $43.479 million. The company's stock, currently trading near its 12-month low at $2.20, has a market capitalization of approximately $194 million and a negative P/E ratio. Analysts generally hold a "Reduce" or "Hold" rating on the stock, with an average target price of $18.50, following recent target price cuts by firms like JPMorgan Chase & Co.
Short Interest in Elme Communities (NYSE:ELME) Expands By 65.0%
Short interest in Elme Communities (NYSE:ELME) significantly increased by 65.0% in January, reaching 4,412,926 shares, which represents about 5.1% of its shares sold short and a short-interest ratio of 0.5 days. Institutional investors hold a substantial 87.88% of the company, with several firms like Prudential Financial and Wolverine Asset Management recently adjusting their stakes. Analyst sentiment toward Elme Communities is generally negative, with an average rating of "Reduce" and an average price target of $18.50.
Trading the Move, Not the Narrative: (ELME) Edition
This article from Stock Traders Daily discusses Elme Communities (NASDAQ: ELME) and provides AI-generated trading strategies. It outlines distinct approaches for different risk profiles, including position trading, momentum breakout, and risk hedging strategies. The piece also details real-time signal analysis and offers tools for institutional-grade analysis.
Elme Communities (ELME) Shares Plunge 22% Amid Liquidation Update
Elme Communities (ELME) stock dropped 22% after revising its liquidating distribution estimates downward to $17.02-$17.47 per share from a previous range. The real estate investment trust, which operates in the Washington D.C. area, faces significant financial challenges including negative profitability, high debt, and an Altman Z-Score indicating distress. While valuation metrics show the stock near historical lows, its financial health issues advise caution for investors.
Elme Communities enters agreements to sell three properties for $155 million
Elme Communities has entered into agreements to sell three more properties—Elme Sandy Spring, Elme Marietta, and Elme Watkins Mill—for approximately $155 million, continuing its liquidation process. The company is marketing its remaining seven properties with a
Elme Communities enters agreements to sell three properties for $155 million By Investing.com
Elme Communities has signed agreements to sell three properties (Elme Sandy Spring, Elme Marietta, and Elme Watkins Mill) for approximately $155 million as part of its liquidation process. The company is continuing to market its remaining seven properties and has updated its estimated total liquidating distributions to shareholders to a reduced range of $17.02 to $17.47 per share. Despite strong price momentum, the company was not profitable in the last twelve months, and leadership changes are upcoming with two board trustees and the CFO planning to resign.
Elme Communities Advances Liquidation Plan with Leadership Changes
Elme Communities (ELME) has furthered its liquidation plan, including board and executive compensation restructuring, and the appointment of W. Drew Hammond as the new CFO. The company has contracted sales for three properties and updated its estimated total liquidating distributions to $17.02-$17.47 per share, reflecting softer market conditions and higher costs. Despite positive technical indicators and a high dividend yield, TipRanks' AI Analyst "Spark" rates ELME as Neutral due to profitability challenges and ongoing corporate restructuring.
Elme Communities enters agreements to sell three properties for $155 million
Elme Communities (NYSE:ELME) has signed agreements to sell three more properties for approximately $155 million in gross proceeds, furthering its liquidation process. The company anticipates completing all property sales by mid-2026 and has updated its estimated total liquidating distributions to $17.02 to $17.47 per share, a decrease from previous estimates due to market conditions. Despite the reduction, the company maintains a significant dividend yield and has experienced strong price momentum over the last six months.
Executive pay and board shifts as Elme (NYSE: ELME) advances liquidation
Elme Communities (NYSE: ELME) has announced progress in its liquidation efforts, including the resignation of two trustees and new retention agreements for executive officers. The executive compensation is now tied to specific liquidation metrics, such as additional shareholder distributions and asset sale completion timing. Additionally, CFO Steven Freishtat will step down, and W. Drew Hammond will assume the role as the company continues to downsize and sell its remaining properties.
