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ELME
Upturn stock ratingUpturn stock rating

Elme Communities (ELME)

Upturn stock ratingUpturn stock rating
$17.36
Delayed price
Profit since last BUY1.82%
upturn advisory
Consider higher Upturn Star rating
BUY since 28 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

03/26/2025: ELME (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

ratingratingratingratingrating

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type Stock
Historic Profit -9.89%
Avg. Invested days 40
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 03/26/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.51B USD
Price to earnings Ratio -
1Y Target Price 18.67
Price to earnings Ratio -
1Y Target Price 18.67
Volume (30-day avg) 783700
Beta 0.88
52 Weeks Range 13.02 - 17.90
Updated Date 04/2/2025
52 Weeks Range 13.02 - 17.90
Updated Date 04/2/2025
Dividends yield (FY) 4.19%
Basic EPS (TTM) -0.15

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -5.42%
Operating Margin (TTM) 10.42%

Management Effectiveness

Return on Assets (TTM) 0.78%
Return on Equity (TTM) -1.17%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 2206032529
Price to Sales(TTM) 6.25
Enterprise Value 2206032529
Price to Sales(TTM) 6.25
Enterprise Value to Revenue 9.12
Enterprise Value to EBITDA 18.28
Shares Outstanding 88029296
Shares Floating 87029279
Shares Outstanding 88029296
Shares Floating 87029279
Percent Insiders 1.32
Percent Institutions 94.29

Analyst Ratings

Rating 3
Target Price 17.33
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold 5
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Elme Communities

stock logo

Company Overview

overview logo History and Background

Elme Communities, formerly known as Washington Real Estate Investment Trust (WRIT), was founded in 1960. Initially focused on office and retail properties in the Washington, D.C. area, the company has transitioned to a multifamily residential REIT.

business area logo Core Business Areas

  • Multifamily Residential: Owns, manages, acquires, and develops apartment communities primarily in the Mid-Atlantic and Southeast regions of the United States.

leadership logo Leadership and Structure

Key leaders include Paul McDermott (CEO). The company operates as a REIT with a board of trustees overseeing its operations.

Top Products and Market Share

overview logo Key Offerings

  • Apartment Communities: Owns and operates apartment communities. Market share data is not readily available, but competitors include AvalonBay Communities (AVB), Equity Residential (EQR), and Camden Property Trust (CPT). Revenue directly scales with occupancy and rental rates.

Market Dynamics

industry overview logo Industry Overview

The multifamily residential REIT sector is driven by factors such as population growth, household formation, and employment trends. Interest rate changes and housing affordability also play a significant role.

Positioning

Elme Communities focuses on the Mid-Atlantic and Southeast markets. Competitive advantages may include location, amenities, and management expertise.

Total Addressable Market (TAM)

The TAM for multifamily residential real estate is estimated to be in the trillions of dollars. Elme Communities is positioned to capture a portion of this market through strategic acquisitions and development.

Upturn SWOT Analysis

Strengths

  • Experienced management team
  • Strategic geographic focus
  • Diversified portfolio

Weaknesses

  • High debt levels
  • Sensitivity to interest rate fluctuations
  • Geographic concentration

Opportunities

  • Acquisitions of undervalued properties
  • Development of new apartment communities
  • Increasing rental rates

Threats

  • Economic downturn
  • Increased competition
  • Rising interest rates

Competitors and Market Share

competitor logo Key Competitors

  • AVB
  • EQR
  • CPT

Competitive Landscape

Elme Communities competes with larger, more established REITs. Competitive advantages may include regional focus and niche strategies. Disadvantages may include smaller size and limited access to capital.

Major Acquisitions

Growth Trajectory and Initiatives

Historical Growth: Analyze past revenue and earnings growth. Numbers are omitted as current data is required for this section.

Future Projections: Analyst estimates for future revenue and earnings growth. Numbers are omitted as current data is required for this section.

Recent Initiatives: Recent acquisitions, developments, and strategic partnerships.

Summary

Elme Communities is a multifamily residential REIT undergoing a transformation. It has a focused strategy in specific geographic areas. However, it needs to manage its debt and watch out for economic downturns. Its strategic initiatives will determine its future growth.

Similar Companies

AVBratingrating

AvalonBay Communities Inc

$214.51
Large-Cap Stock
0%
PASS

AVBratingrating

AvalonBay Communities Inc

$214.51
Large-Cap Stock
0%
PASS

CPTratingrating

Camden Property Trust

$121.94
Large-Cap Stock
1.76%
Consider higher Upturn Star rating
BUY since 32 days

CPTratingrating

Camden Property Trust

$121.94
Large-Cap Stock
BUY since 32 days
1.76%
Consider higher Upturn Star rating

EQRratingrating

Equity Residential

$71.26
Large-Cap Stock
0%
PASS

EQRratingrating

Equity Residential

$71.26
Large-Cap Stock
0%
PASS

Sources and Disclaimers

Data Sources:

  • Company filings, analyst reports, industry publications.

Disclaimers:

This analysis is based on available information and is not financial advice. Market conditions can change rapidly.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Elme Communities

Exchange NYSE
Headquaters Bethesda, MD, United States
IPO Launch date 1992-03-17
Chairman of Board, President & CEO Mr. Paul T. McDermott
Sector Real Estate
Industry REIT - Residential
Full time employees 255
Full time employees 255

Elme Communities 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 9,400 apartment homes in the Washington, DC metro and the Atlanta metro regions, and owns 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.

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