Elme Communities (ELME) AI Stock Analysis

Elme Communities is a real estate company specializing in the ownership and operation of properties in the Washington Metro area. As of October 29, 2020, its portfolio contained 45 properties, encompassing approximately 3.7 million square feet of commercial space and 6,863 multifamily apartment units. This footprint consisted of 22 multifamily properties, 15 office properties, and 8 retail centers. The company leverages localized market dynamics across this mix of residential, office, and retail assets.

Elme Communities increased its annual revenue from $176.0M in FY2020 to $241.9M in FY2024, achieving a 5-year revenue CAGR of 6.5%. Revenue expanded 23.8% in FY2022, 8.9% in FY2023, and 6.2% in FY2024. Operating margins fluctuated from -1.4% in FY2020 to 9.7% in FY2024, while standing at -3.4% over the trailing twelve months. Net losses persisted annually, moving from -$15.7M in FY2020 to -$13.1M in FY2024, alongside a trailing twelve-month profit margin of -74.7%. In the latest quarter ending June 30, 2026, quarterly revenue increased 1.7% year-over-year to support trailing twelve-month revenue of $247.6M.

As of June 30, 2026, Elme Communities held $41.3M in cash and short-term investments alongside total debt of $251.0M, resulting in net debt of $209.8M. The debt-to-equity ratio stood at 1.50, and the current ratio was 8.09 against total assets of $460.4M and shareholders' equity of $167.7M. In FY2025, cash utilization included $73,200 in capital expenditures, $274,800 in share buybacks, and $63.7M in dividends paid. Free cash flow was reported at $95.0M in FY2024.

At a closing price of $1.76, Elme Communities has a market capitalization of $156.4M and an enterprise value of $361.7M. Its forward P/E of 43.5x sits above the 23.5x median of its US-listed Real Estate peers. Conversely, its price-to-sales multiple of 0.6x and EV-to-EBITDA of 3.0x trade below the peer medians of 3.7x and 14.7x, respectively. The stock fell 89.5% over the past year and 91.9% over five years, lagging the S&P 500 benchmark returns of 16.8% and 83.0% over the same respective periods.

Elme Communities maintains an annual forward dividend of $0.72, with a recorded dividend yield of 0.00% and a payout ratio of 342.9%. The company has paid dividends for 40 consecutive years, though its 5-year annualized dividend growth was -14.8%. Total dividends paid equaled $63.7M in FY2025, and its last ex-dividend date was October 23, 2026.

Wall Street coverage includes 1 Hold rating and no Buy or Sell ratings. The mean price target is $18.00, representing a 922.7% premium over the last close of $1.76. Analysts project an EPS of -$0.11 for the fiscal year ending December 31, 2026, and -$0.08 for the next fiscal year. The company beat EPS estimates in 1 of the last 4 quarters, and its next earnings date is October 22, 2026.

This page is an AI-written research summary of Elme Communities (ELME). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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