Elme Communities

Company Profile

Elme Communities had its IPO on 1992-03-17 under the ticker symbol ELME.

The company operates in the Real Estate sector and REIT-Residential industry. Elme Communities has a staff strength of 102 employees.

Stock update

Shares of Elme Communities opened at $14.58 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $14.58 - $14.83, and closed at $14.82.

This is a +0.14% increase from the previous day's closing price.

A total volume of 351,185 shares were traded at the close of the day’s session.

In the last one week, shares of Elme Communities have slipped by -2.82%.

Elme Communities's Key Ratios

Elme Communities has a market cap of $1.33 billion, indicating a price to book ratio of 1.3036 and a price to sales ratio of 8.2565.

In the last 12-months Elme Communities’s revenue was $217.38 million with a gross profit of $127.94 million and an EBITDA of $105.40 million. The EBITDA ratio measures Elme Communities's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Elme Communities’s operating margin was 6.6% while its return on assets stood at 0.48% with a return of equity of -2.08%.

In Q1, Elme Communities’s quarterly earnings growth was a positive 0% while revenue growth was a positive 16.7%.

Elme Communities’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.32 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Elme Communities’s profitability.

Elme Communities stock is trading at a EV to sales ratio of 11.0895 and a EV to EBITDA ratio of 27.5495. Its price to sales ratio in the trailing 12-months stood at 8.2565.

Elme Communities stock pays annual dividends of $0.69 per share, indicating a yield of 4.77% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$1.85 billion

Total Liabilities

$81.25 million

Operating Cash Flow

$-5791000.00

Capital Expenditure

$5.57 million

Dividend Payout Ratio

0%

Elme Communities ended 2024 with $1.85 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.85 billion while shareholder equity stood at $1.25 billion.

Elme Communities ended 2024 with $0 in deferred long-term liabilities, $81.25 million in other current liabilities, 877000.00 in common stock, $-472503000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $7.04 million and cash and short-term investments were $7.04 million. The company’s total short-term debt was $35,000,000 while long-term debt stood at $521.76 million.

Elme Communities’s total current assets stands at $24.63 million while long-term investments were $1.81 billion and short-term investments were $0. Its net receivables were $16.10 million compared to accounts payable of $28.58 million and inventory worth $0.

In 2024, Elme Communities's operating cash flow was $-5791000.00 while its capital expenditure stood at $5.57 million.

Comparatively, Elme Communities paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$14.82

52-Week High

$23.8762

52-Week Low

$14.95

Analyst Target Price

$19

Elme Communities stock is currently trading at $14.82 per share. It touched a 52-week high of $23.8762 and a 52-week low of $23.8762. Analysts tracking the stock have a 12-month average target price of $19.

Its 50-day moving average was $15.8 and 200-day moving average was $16.95 The short ratio stood at 2.8 indicating a short percent outstanding of 0%.

Around 130.3% of the company’s stock are held by insiders while 9250.4% are held by institutions.