ELME official logo ELME
ELME 1-star rating from Upturn Advisory
Elme Communities (ELME) company logo

Elme Communities (ELME)

Elme Communities (ELME) 1-star rating from Upturn Advisory
$17.36
Last Close (24-hour delay)
Profit since last BUY1.94%
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BUY since 4 days
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Upturn Advisory Summary

11/28/2025: ELME (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

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

Number of Analysts

2 star rating from financial analysts

5 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $12.67

1 Year Target Price $12.67

Analysts Price Target For last 52 week
$12.67 Target price
52w Low $13.65
Current$17.36
52w High $17.5

Analysis of Past Performance

Type Stock
Historic Profit -16.41%
Avg. Invested days 39
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 2.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/28/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.53B USD
Price to earnings Ratio -
1Y Target Price 12.67
Price to earnings Ratio -
1Y Target Price 12.67
Volume (30-day avg) 5
Beta 0.79
52 Weeks Range 13.65 - 17.50
Updated Date 11/30/2025
52 Weeks Range 13.65 - 17.50
Updated Date 11/30/2025
Dividends yield (FY) 4.15%
Basic EPS (TTM) -1.53

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date 2025-11-03
When After Market
Estimate -0.03
Actual -1.4

Profitability

Profit Margin -54.57%
Operating Margin (TTM) -3.44%

Management Effectiveness

Return on Assets (TTM) 0.53%
Return on Equity (TTM) -13.42%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 2232718754
Price to Sales(TTM) 6.2
Enterprise Value 2232718754
Price to Sales(TTM) 6.2
Enterprise Value to Revenue 9.04
Enterprise Value to EBITDA 18.51
Shares Outstanding 88161161
Shares Floating 86975393
Shares Outstanding 88161161
Shares Floating 86975393
Percent Insiders 1.6
Percent Institutions 94.29

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Elme Communities

Elme Communities(ELME) company logo displayed in Upturn AI summary

Company Overview

Company history and background 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, it has transitioned to primarily multifamily residential properties in the Mid-Atlantic region. The rebranding to Elme Communities reflects this strategic shift.

Company business area logo Core Business Areas

  • Multifamily Residential: Owns, operates, acquires, and develops multifamily communities. Focuses on the Mid-Atlantic region, primarily in the Washington, D.C. metropolitan area.

leadership logo Leadership and Structure

The CEO is Paul McDermott. The company operates with a traditional REIT structure, with a board of trustees overseeing management.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Apartment Rentals: Offers apartment rentals in various communities. Market share data is not readily available at this granular product level. Competitors include AvalonBay Communities (AVB), Equity Residential (EQR), and UDR (UDR).

Market Dynamics

industry overview logo Industry Overview

The multifamily residential market is experiencing fluctuating occupancy rates depending on location, influenced by economic factors and migration patterns. Demand remains strong in specific regions. Supply chain and construction costs are impacting development.

Positioning

Elme Communities is a regional player focused on the Mid-Atlantic market. Its competitive advantage lies in its local expertise and established portfolio.

Total Addressable Market (TAM)

The TAM for the US multifamily market is estimated to be in the trillions of dollars. Elme Communities' positioning allows it to capture a portion of this TAM in its target region.

Upturn SWOT Analysis

Strengths

  • Strong presence in the Mid-Atlantic region
  • Experienced management team
  • Focus on multifamily residential sector
  • Diversified portfolio within the region

Weaknesses

  • Geographic concentration limits diversification
  • Exposure to regional economic downturns
  • Reliance on rental income
  • Limited brand recognition outside of the Mid-Atlantic

Opportunities

  • Acquisition of additional multifamily properties
  • Development of new communities
  • Renovation and repositioning of existing properties
  • Expansion into adjacent markets

Threats

  • Increased interest rates
  • Economic recession
  • Oversupply of apartments in the region
  • Changes in government regulations

Competitors and Market Share

Key competitor logo Key Competitors

  • AVB
  • EQR
  • UDR
  • MAA

Competitive Landscape

Elme Communities competes with larger national REITs. Its advantage lies in its regional focus, allowing for specialized local knowledge and efficient management.

Growth Trajectory and Initiatives

Historical Growth: Historical growth has been influenced by acquisitions, development projects, and rental rate increases.

Future Projections: Future growth projections depend on analyst estimates and company guidance. These projections typically include revenue growth, FFO growth, and expansion plans.

Recent Initiatives: Recent strategic initiatives include property acquisitions and dispositions, as well as capital improvements to existing properties.

Summary

Elme Communities is a regional multifamily REIT with a strong presence in the Mid-Atlantic. Its focus on multifamily and local market expertise is a strength. However, geographic concentration and competition from larger REITs pose challenges. It needs to continue strategic acquisitions and developments to grow.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company filings
  • Analyst reports
  • Industry publications
  • Financial news sources

Disclaimers:

This analysis is for informational purposes only and should not be considered financial advice. Market share data are estimates and may not be precise.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries 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.