
Elme Communities
Prices are adjusted according to historical splits.

Vitals
- Today's Low:
- $14.58
- Today's High:
- $14.825
- Open Price:
- $14.58
- 52W Low:
- $14.95
- 52W High:
- $23.8762
- Prev. Close:
- $14.8
- Volume:
- 351185
Company Statistics
- Market Cap.:
- $1.33 billion
- Book Value:
- 14.206
- Revenue TTM:
- $217.38 million
- Operating Margin TTM:
- 6.6%
- Gross Profit TTM:
- $127.94 million
- Profit Margin:
- -12.32%
- Return on Assets TTM:
- 0.48%
- Return on Equity TTM:
- -2.08%
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 2025 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 2025 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 2025, 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 2025.
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.
Frequently Asked Questions About Elme Communities
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About
Elme Communities (formerly known as Washington Real Estate Investment Trust or WashREIT) 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 8,900 apartment homes in the Washington, DC metro and the Sunbelt, and approximately 300,000 square feet of commercial space. Focused on providing quality, affordable homes to a deep, solid, and underserved base of mid-market demand, Elme Communities is building long-term value for shareholders.