Elme Communities (ELME)

$16.25

-0.05

(-0.31%)▲

Market is closed - opens 7 PM, 23 May 2024

Insights on Elme Communities

  • Increasing Revenue

    Revenue is up for the last 12 quarters, 41.29M → 59.51M (in $), with an average increase of 3.2% per quarter

  • Decreasing Net Profit

    Netprofit is down for the last 2 quarters, -3.10M → -3.64M (in $), with an average decrease of 17.5% per quarter

  • Vs ESS

    In the last 1 year, Essex Property Trust Inc. has given 25.2% return, outperforming this stock by 22.0%

  • Vs INVH

    In the last 3 years, Elme Communities has experienced a drawdown of -29.5%, however Invitation Homes Inc. resisted the overall trend and outperformed by 21.2%

Performance

  • $16.21
    $16.43
    $16.25
    downward going graph

    0.25%

    Downside

    Day's Volatility :1.34%

    Upside

    1.1%

    downward going graph
  • $12.12
    $16.55
    $16.25
    downward going graph

    25.42%

    Downside

    52 Weeks Volatility :26.77%

    Upside

    1.81%

    downward going graph

Returns

PeriodElme CommunitiesIndex (Russel 2000)
3 Months
20.3%
0.0%
6 Months
24.9%
0.0%
1 Year
3.16%
0.0%
3 Years
-30.07%
-20.1%

Highlights

Market Capitalization
1.4B
Book Value
$12.91
Dividend Share
0.72
Dividend Yield
4.47%
Earnings Per Share (EPS)
-0.61
Wall Street Target Price
15.0
Profit Margin
-22.88%
Operating Margin TTM
7.46%
Return On Assets TTM
0.79%
Return On Equity TTM
-4.45%
Revenue TTM
231.6M
Revenue Per Share TTM
2.64
Quarterly Revenue Growth YOY
6.6000000000000005%
Gross Profit TTM
127.9M
EBITDA
115.8M
Diluted Eps TTM
-0.61
Quarterly Earnings Growth YOY
0.0
EPS Estimate Current Year
-0.06
EPS Estimate Next Year
-0.07
EPS Estimate Current Quarter
-0.03
EPS Estimate Next Quarter
-0.03

Analyst Recommendation

Hold
    0
    0%Buy
    70%Hold
    30%Sell
Based on 10 Wall street analysts offering stock ratings for Elme Communities(by analysts ranked 0 to 5 stars)
Based on 10 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
00
00
00
Hold
7
7
7
Sell
3
3
3

Analyst Forecast

What analysts predicted

Downside of 7.69%

Current $16.25
Target $15.00

Company Financials

FY18Y/Y Change
Revenue
336.9M
↑ 3.63%
Net Income
25.6M
↑ 30.31%
Net Profit Margin
7.61%
↑ 1.56%
FY19Y/Y Change
Revenue
309.2M
↓ 8.23%
Net Income
383.6M
↑ 1396.49%
Net Profit Margin
124.05%
↑ 116.44%
FY20Y/Y Change
Revenue
294.1M
↓ 4.87%
Net Income
-53.0M
↓ 113.81%
Net Profit Margin
-18.01%
↓ 142.06%
FY21Y/Y Change
Revenue
169.2M
↓ 42.49%
Net Income
-21.8M
↓ 58.88%
Net Profit Margin
-12.88%
↑ 5.13%
FY22Y/Y Change
Revenue
209.4M
↑ 23.78%
Net Income
-60.7M
↑ 178.71%
Net Profit Margin
-29.0%
↓ 16.12%
FY23Y/Y Change
Revenue
227.9M
↑ 8.85%
Net Income
-53.0M
↓ 12.76%
Net Profit Margin
-23.24%
↑ 5.76%
Q4 FY22Q/Q Change
Revenue
55.6M
↑ 1.81%
Net Income
-9.8M
↓ 55.68%
Net Profit Margin
-17.67%
↑ 22.93%
Q1 FY23Q/Q Change
Revenue
55.8M
↑ 0.39%
Net Income
-3.7M
↓ 62.37%
Net Profit Margin
-6.62%
↑ 11.05%
Q2 FY23Q/Q Change
Revenue
56.6M
↑ 1.42%
Net Income
-2.6M
↓ 29.38%
Net Profit Margin
-4.61%
↑ 2.01%
Q3 FY23Q/Q Change
Revenue
56.7M
↑ 0.09%
Net Income
-43.6M
↑ 1570.55%
Net Profit Margin
-76.99%
↓ 72.38%
Q4 FY23Q/Q Change
Revenue
58.9M
↑ 3.89%
Net Income
-3.1M
↓ 92.88%
Net Profit Margin
-5.28%
↑ 71.71%
Q1 FY24Q/Q Change
Revenue
59.5M
↑ 1.12%
Net Income
-3.6M
↑ 17.46%
Net Profit Margin
-6.13%
↓ 0.85%
FY18Y/Y Change
Total Assets
2.4B
↑ 2.44%
Total Liabilities
1.3B
↑ 6.69%
FY19Y/Y Change
Total Assets
2.6B
↑ 8.74%
Total Liabilities
1.2B
↓ 9.81%
FY20Y/Y Change
Total Assets
2.4B
↓ 8.31%
Total Liabilities
1.1B
↓ 10.49%
FY21Y/Y Change
Total Assets
1.9B
↓ 22.15%
Total Liabilities
558.9M
↓ 48.66%
FY22Y/Y Change
Total Assets
1.9B
↓ 0.18%
Total Liabilities
608.8M
↑ 8.93%
FY23Y/Y Change
Total Assets
1.9B
↑ 1.46%
Total Liabilities
745.7M
↑ 22.48%
Q4 FY22Q/Q Change
Total Assets
1.9B
↓ 0.37%
Total Liabilities
608.8M
↑ 1.75%
Q1 FY23Q/Q Change
Total Assets
1.9B
↓ 0.94%
Total Liabilities
608.7M
↓ 0.02%
Q2 FY23Q/Q Change
Total Assets
1.8B
↓ 0.89%
Total Liabilities
607.6M
↓ 0.18%
Q3 FY23Q/Q Change
Total Assets
1.9B
↑ 3.9%
Total Liabilities
737.2M
↑ 21.34%
Q4 FY23Q/Q Change
Total Assets
1.9B
↓ 0.54%
Total Liabilities
745.7M
↑ 1.15%
Q1 FY24Q/Q Change
Total Assets
1.9B
↓ 1.24%
Total Liabilities
740.1M
↓ 0.74%
FY18Y/Y Change
Operating Cash Flow
147.4M
↑ 12.82%
Investing Cash Flow
-38.9M
-
Financing Cash Flow
-113.4M
↓ 286.75%
FY19Y/Y Change
Operating Cash Flow
130.9M
↓ 11.16%
Investing Cash Flow
61.0M
↓ 256.74%
Financing Cash Flow
-184.8M
↑ 62.99%
FY20Y/Y Change
Operating Cash Flow
113.0M
↓ 13.7%
Investing Cash Flow
65.8M
↑ 7.74%
Financing Cash Flow
-185.2M
↑ 0.19%
FY21Y/Y Change
Operating Cash Flow
89.2M
↓ 21.09%
Investing Cash Flow
702.2M
↑ 967.78%
Financing Cash Flow
-565.4M
↑ 205.29%
FY22Y/Y Change
Operating Cash Flow
42.7M
↓ 52.12%
Investing Cash Flow
-241.2M
↓ 134.35%
Financing Cash Flow
-56.4M
↓ 90.02%
Q4 FY22Q/Q Change
Operating Cash Flow
-51.5M
↓ 394.42%
Investing Cash Flow
-17.9M
↑ 192.78%
Financing Cash Flow
52.6M
↓ 208.91%
Q1 FY23Q/Q Change
Operating Cash Flow
16.3M
↓ 131.66%
Investing Cash Flow
-5.8M
↓ 67.68%
Financing Cash Flow
-11.8M
↓ 122.49%
Q2 FY23Q/Q Change
Operating Cash Flow
30.0M
↑ 83.93%
Investing Cash Flow
-4.4M
↓ 24.16%
Financing Cash Flow
-26.7M
↑ 125.56%
Q3 FY23Q/Q Change
Operating Cash Flow
15.6M
↓ 48.05%
Investing Cash Flow
-120.1M
↑ 2634.52%
Financing Cash Flow
107.3M
↓ 502.4%

Technicals Summary

Sell

Neutral

Buy

Elme Communities is currently in a favorable trading position ( BUY ) according to technical analysis indicators.

More on Technical Analysis

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Elme Communities
Elme Communities
8.38%
24.9%
3.16%
-30.07%
-39.34%
Equity Residential
Equity Residential
6.81%
18.25%
8.09%
-12.31%
-12.84%
Essex Property Trust Inc.
Essex Property Trust Inc.
10.12%
24.11%
25.19%
-9.65%
-8.26%
Invitation Homes Inc.
Invitation Homes Inc.
4.14%
5.42%
4.58%
-2.41%
38.34%
Avalonbay Communities Inc.
Avalonbay Communities Inc.
6.21%
15.04%
12.31%
-2.42%
-2.38%
Mid-america Apartment Communities Inc.
Mid-america Apartment Communities Inc.
7.08%
11.62%
-7.28%
-14.36%
19.27%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Elme Communities
Elme Communities
NA
NA
NA
-0.06
-0.04
0.01
0.04
12.91
Equity Residential
Equity Residential
28.43
28.43
6.35
1.84
0.08
0.03
0.04
29.16
Essex Property Trust Inc.
Essex Property Trust Inc.
32.16
32.16
7.76
6.22
0.1
0.03
0.04
86.41
Invitation Homes Inc.
Invitation Homes Inc.
40.3
40.3
19.43
0.77
0.05
0.02
0.03
16.55
Avalonbay Communities Inc.
Avalonbay Communities Inc.
29.6
29.6
5.03
4.99
0.08
0.03
0.03
82.5
Mid-america Apartment Communities Inc.
Mid-america Apartment Communities Inc.
28.63
28.63
10.19
4.25
0.09
0.04
0.04
52.02
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Elme Communities
Elme Communities
Hold
$1.4B
-39.34%
NA
-22.88%
Equity Residential
Equity Residential
Hold
$25.3B
-12.84%
28.43
31.7%
Essex Property Trust Inc.
Essex Property Trust Inc.
Hold
$17.5B
-8.26%
32.16
30.96%
Invitation Homes Inc.
Invitation Homes Inc.
Buy
$21.7B
38.34%
40.3
21.93%
Avalonbay Communities Inc.
Avalonbay Communities Inc.
Buy
$28.3B
-2.38%
29.6
33.81%
Mid-america Apartment Communities Inc.
Mid-america Apartment Communities Inc.
Hold
$16.4B
19.27%
28.63
25.92%

Institutional Holdings

  • BlackRock Inc

    19.51%

  • Vanguard Group Inc

    16.11%

  • FMR Inc

    6.61%

  • State Street Corporation

    6.50%

  • Thornburg Investment Management Inc

    2.68%

  • Allspring Global Investments Holdings, LLC

    2.45%

Company Information

washington reit is a value-creation focused owner and operator of high-quality office, retail and multifamily assets in the washington metro area. our portfolio of 49 properties spans over 6 million square feet of commercial space and over 4,480 multifamily apartment units. our shares trade on the nyse and our company currently has an enterprise value of $3 billion. we have over five decades of operating history exclusively in the washington, dc area and pride ourselves on being a local sharp-shooter in one of our nation’s key gateway markets.

Organization
Elme Communities
Employees
243
CEO
Mr. Paul T. McDermott
Industry
Services

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