ELME logo

Elme Communities (ELME)

$17.37

Quotes are delayed by 15 minutes.

1D

1W

1M

3M

6M

YTD

1Y

2Y

5Y

ALL

Key data on ELME

Market cap

$1.53B

EPS

-1.53

P/E ratio

--

Price to sales

6.21

Dividend yield

4.145%

Beta

0.775722

Price on ELME

Previous close

$17.39

Today's open

$17.44

Day's range

$17.35 - $17.47

52 week range

$13.95 - $18.08

Profile about ELME

show more

CEO

Paul T. Mcdermott

Employees

255

Headquarters

BETHESDA, MD

Exchange

New York Stock Exchange

Shares outstanding

88161161

Issue type

Common Stock

ELME industries and sectors

Real Estate

REITs

News on ELME

Elme Communities Declares Initial Special Liquidating Distribution

BETHESDA, Md., Nov. 25, 2025 (GLOBE NEWSWIRE) -- Elme Communities (“Elme” or the “Company”) (NYSE: ELME) today announced that its Board of Trustees has approved a special liquidating distribution of $14.67 per share (the “Special Dividend”). The Special Dividend will be paid on January 7, 2026 to shareholders of record at the close of business on December 22, 2025.

news source

GlobeNewsWire • Nov 25, 2025

news preview

Elme Communities Completes Sale of 19 Multifamily Communities for $1.6 Billion

BETHESDA, Md., Nov. 12, 2025 (GLOBE NEWSWIRE) -- Elme Communities (“Elme” or the “Company”) (NYSE: ELME) today completed its previously announced sale of 19 multifamily communities (“the portfolio sale”) to an affiliate of Cortland Partners, LLC (“Cortland”) for $1.6 billion in cash, subject to certain customary adjustments and prorations.

news source

GlobeNewsWire • Nov 13, 2025

news preview

Elme Communities (ELME) Shareholder/Analyst Call Prepared Remarks Transcript

Elme Communities ( ELME ) Shareholder/Analyst Call October 30, 2025 8:30 AM EDT Company Participants Benjamin Butcher Drew Hammond Presentation Operator Hello, and welcome to the Special Meeting of Shareholders of Elme Communities. Please note that today's meeting is being recorded.

news source

Seeking Alpha • Oct 30, 2025

news preview

Elme Communities Announces Third Quarter 2025 Results

BETHESDA, Md., Oct. 23, 2025 (GLOBE NEWSWIRE) -- Elme Communities (the “Company” or “Elme”) (NYSE: ELME), a multifamily REIT, reported financial and operating results today for the quarter ended September 30, 2025:

news source

GlobeNewsWire • Oct 23, 2025

news preview

Elme Communities to Release Third Quarter 2025 Results on Thursday, October 23rd

BETHESDA, Md., Oct. 15, 2025 (GLOBE NEWSWIRE) -- Elme Communities (the “Company”) (NYSE:ELME), a value-oriented multifamily owner and operator, will release third quarter earnings results after market close on Thursday, October 23rd, 2025. The Company will not hold a conference call related to the third quarter earnings release.

news source

GlobeNewsWire • Oct 15, 2025

news preview

Disinflation Dividend: REIT Earnings Scorecard

A surprising solid REIT earnings season wrapped up this week. Of the 100 equity REITs that provide full-year FFO guidance, 62% raised their outlook - above the historical 55% average. Disinflation was a surprisingly common thread across second-quarter results, with the majority of the upside revisions being driven by improved expense expectations - the highest quantity of expense reductions ever. Healthcare REITs were notable upside standouts as senior housing fundamentals remained stellar, while skilled nursing REITs received some good news on the policy front via healthy CMS Medicare rate increases.

news source

Seeking Alpha • Aug 10, 2025

news preview

Elme Communities (ELME) Q2 2025 Earnings Call Transcript

Elme Communities (NYSE:ELME ) Q2 2025 Earnings Conference Call August 6, 2025 10:00 AM ET Company Participants Amy Hopkins - Vice President of Investor Relations Paul T. McDermott - Chairman of Board, President & CEO Steven M.

news source

Seeking Alpha • Aug 7, 2025

news preview

Elme (ELME) Q2 Core FFO Rises 4%

Elme (ELME) Q2 Core FFO Rises 4%

news source

The Motley Fool • Aug 6, 2025

news preview

Elme Communities Announces Second Quarter 2025 Results

BETHESDA, Md., Aug. 05, 2025 (GLOBE NEWSWIRE) -- Elme Communities (the “Company” or “Elme”) (NYSE: ELME), a multifamily REIT, reported financial and operating results today for the quarter ended June 30, 2025: Financial Results         Three months ended June 30,     2025       2024   Net loss per diluted share $ (0.04 )   $ (0.04 ) Core FFO per diluted share   0.24       0.23   Operational Highlights Same-store multifamily NOI increased by 4.5% compared to the prior year quarter Same-store Average Effective Monthly Rent Per Home increased 1.4% compared to the prior year quarter Effective blended Lease Rate Growth was 1.3% for our Same-Store Portfolio during the quarter, comprised of effective new Lease Rate Growth of (3.3)% and effective renewal Lease Rate Growth of 4.9% Retention was 62% during the quarter, in line with expectations Same-store multifamily Average Occupancy was 94.7% during the quarter, up 0.2% compared to the prior year quarter Balance Sheet Available liquidity was $330 million as of June 30, 2025, consisting of availability under the Company's revolving credit facility and cash on hand Annualized second quarter Net Debt to Adjusted EBITDA ratio was 5.6x The Company has a strong balance sheet with only $125 million of debt maturing before 2028 and no secured debt Strategic Review Update On August 4, 2025, Elme announced that it had entered into a Purchase and Sale Agreement with Cortland Partners, dated August 1, 2025 (the “Purchase Agreement”), providing for the sale of 19 multifamily communities for approximately $1.6 billion.

news source

GlobeNewsWire • Aug 5, 2025

news preview

Elme (ELME) Q2 FFO and Revenues Beat Estimates

Elme (ELME) came out with quarterly funds from operations (FFO) of $0.24 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to FFO of $0.23 per share a year ago.

news source

Zacks Investment Research • Aug 5, 2025

news preview

¹ Disclosures

Get started with M1

Invest in Elme Communities

Open an M1 investment account to buy and sell Elme Communities commission-free¹. Build wealth for the long term using automated trading and transfers.

Invest in ELME on M1