13.24
price down icon2.29%   -0.31
after-market  After Hours:  13.24 
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Elme Communities (ELME) Stock Split History

Elme Communities has split its stock 4 times since its initial public offering (IPO). The first stock split occurred on April 01, 1981 with the ratio of 3-for-1, meaning that for 1 share of ELME owned pre-split, shareholders then owned 3 shares. 3 more splits have been implemented since then. The most recent stock split took place on June 01, 1992 on a 3-for-2 basis.

These splits have increased ELME stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that these actions only change the number of shares and the price per share with no impact on Elme Communities's total market capitalization.

For more detailed information of Elme Communities's stock splits, view the table below:

ELME stock split list

Date Split Ratio
1992-06-01 3 - for - 2
1988-12-19 3 - for - 2
1985-07-15 3 - for - 2
1981-04-01 3 - for - 1

Will Elme Communities Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. Elme Communities has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when ELME stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Elme Communities's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.

Stock Splits of Industry Leaders

Ticker Symbol Latest Split Date Split Ratio
EQR 2001-10-12 2 - for - 1
ELS 2019-10-16 2 - for - 1
UDR 1993-05-06 2 - for - 1
AIRC 2020-12-01 21 - for - 26
ELME 1992-06-01 3 - for - 2
CSR 2018-12-28 1 - for - 10
BRT 1986-08-25 1 - for - 3
reit_residential CPT
$94.85
price up icon 0.09%
reit_residential UDR
$35.85
price down icon 0.83%
reit_residential ELS
$66.82
price up icon 0.15%
reit_residential AMH
$35.24
price up icon 1.41%
reit_residential ESS
$229.34
price down icon 0.27%
reit_residential MAA
$126.32
price down icon 0.21%
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