15.04

0.00% +0.00

Elme Communities (ELME)

Overview News Price History Option Chain Discussions Forecast Stock Split Dividend History

Elme Communities stock is currently priced at $15.04, with a 24-hour trading volume of 359.22K. It has seen a +0.00% increased in the last 24 hours and a +12.16% rose in the past month. The chart indicates a potential bullish trend, as the stock is above the $14.99 pivot point. If it approaches the $15.09 resistance level, significant changes may occur.

Previous Close:

$15.04

Open:

$15.06

24h Volume:

359.22K

Market Cap:

$1.32B

Revenue:

$227.91M

Net Income/Loss:

$-52.98M

P/E Ratio:

-24.66

EPS:

-0.61

Net Cash Flow:

$84.67M

1W Performance:

+1.21%

1M Performance:

+12.16%

6M Performance:

+12.24%

1Y Performance:

-13.46%

1D Range:

$15.03

$15.27

52W Range:

$12.44

$17.87

Elme Communities Stock (ELME) Company Profile

Name

Elme Communities

Sector

Real Estate (265)

Industry

REIT - Residential (6)

Phone

202-774-3200

Address

1775 Eye Street, NW, Suite 1000, Washington

Employee

102

Twitter

Next Earnings Date

2024-05-02

Latest SEC Filings

ELME's Discussions on Twitter

Elme Communities Stock (ELME) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
Dec-18-23	Upgrade	JP Morgan	Neutral → Overweight
Jan-11-23	Downgrade	BTIG Research	Buy → Neutral

Elme Communities Stock (ELME) Latest News

Elme Communities Announces Income Tax Treatment of its 2023 Dividend Distribution

GlobeNewswire Inc.

Elme Communities to Release Fourth Quarter 2023 Results on Thursday, February 15th

GlobeNewswire Inc.

Elme Communities Stock (ELME) Financials Data

Elme Communities (ELME) Revenue 2024

ELME reported a revenue (TTM) of $227.91 million for the quarter ending December 31, 2023, a +8.85% rise year-over-year.

Elme Communities (ELME) Net Income 2024

ELME net income (TTM) was -$52.98 million for the quarter ending December 31, 2023, a -71.62% decrease year-over-year.

Elme Communities (ELME) Cash Flow 2024

ELME recorded a free cash flow (TTM) of $84.67 million for the quarter ending December 31, 2023, a +15.65% increase year-over-year.

Elme Communities (ELME) Earnings per Share 2024

ELME earnings per share (TTM) was -$0.61 for the quarter ending December 31, 2023, a -74.29% decline year-over-year.

Elme Communities owns and operates uniquely positioned real estate assets in the Washington Metro area. Backed by decades of experience, expertise and ambition, we create value by transforming insights into strategy and strategy into action. As of October 29, 2020, the Company's portfolio of 45 properties includes approximately 3.7 million square feet of commercial space and 6,863 multifamily apartment units. These 45 properties consist of 22 multifamily properties,15 office properties, and 8 retail centers. Our shares trade on the NYSE. With a track record of driving returns and delivering satisfaction, we are a trusted authority in one of the nation's most competitive real estate markets.