Elme Communities

Elme Communities

ELME · NYSE · Real Estate / REIT - Residential

0.05USD+0.00 (0.00%)

Price History

Full chart

Market Stats

Previous Close0.05
Open0.05
Day Range0.05 – 0.05
52-Week Range1.26 – 17.68
Volume765.00K
Market Cap153.72M
P/E (TTM)0.00
Forward P/E43.48
EPS-1.24
Dividend Yield44.17%
Beta0.80
50-Day Avg1.63
200-Day Avg3.59

About

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. Elme Communities was incorporated in 1960 in Maryland.

Company Details

  • SectorReal Estate
  • IndustryREIT - Residential
  • CEOMr. Paul T. McDermott
  • Employees255
  • Headquarters7550 Wisconsin Avenue, Bethesda, MD, United States, 20814, USA
  • Websitehttps://www.elmecommunities.com

Leadership

  • Mr. Paul T. McDermottChairman of Board, President & CEO · b. 1962
  • Mr. Wade Drew Hammond CPAExecutive VP, CFO, Chief Administrative Officer, Treasurer & Corporate Secretary · b. 1975
  • Ms. Tiffany M. ButcherExecutive VP & COO · b. 1980
  • Ms. Amy HopkinsVice President of Investor Relations
  • Ms. Laurel HowellDirector of Brand & Marketing
  • Mr. Efrem ReidVice President of Human Resources
  • Ms. Whitney RussellSenior Director of Asset Management
  • Mr. Robert Marvin FisherController · b. 1968

Financials

Income Statement

Currency: USD1986-12-311987-12-311988-12-311989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue22.60M24.30M26.30M29.90M32.40M35.60M37.40M41.60M45.51M52.60M65.54M79.43M103.60M118.97M134.73M148.42M153.61M163.82M172.39M190.05M219.66M255.66M282.31M306.93M297.98M289.53M304.98M263.02M288.64M306.43M313.26M325.08M336.89M176.75M176.00M169.15M209.38M227.91M241.94M-
Growth (%)-+7.52%+8.23%+13.69%+8.36%+9.88%+5.06%+11.23%+9.40%+15.57%+24.61%+21.19%+30.43%+14.84%+13.24%+10.16%+3.49%+6.65%+5.23%+10.24%+15.58%+16.39%+10.43%+8.72%-2.92%-2.84%+5.34%-13.76%+9.74%+6.16%+2.23%+3.77%+3.63%-47.54%-0.42%-3.89%+23.78%+8.85%+6.15%-
Cost of Revenue---------------------54.53M94.57M104.57M98.92M97.19M103.28M93.29M103.69M112.23M115.01M115.65M116.23M69.42M69.13M66.92M81.44M87.94M97.56M76.60M
Gross Profit22.60M24.30M26.30M29.90M32.40M35.60M37.40M41.60M45.51M52.60M65.54M79.43M103.60M118.97M134.73M148.42M153.61M163.82M172.39M190.05M219.66M255.66M187.74M202.36M199.06M192.34M201.71M169.73M184.94M194.19M198.25M209.43M220.66M107.32M106.88M102.24M127.94M139.97M144.37M-76.60M
Gross Margin100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%66.50%65.93%66.80%66.43%66.14%64.53%64.07%63.37%63.29%64.42%65.50%60.72%60.72%60.44%61.11%61.42%59.67%-
Operating Expense-11.20M-12.60M-13.70M-12.00M-12.70M-16.10M-13.80M-15.50M14.03M16.60M21.93M25.46M31.11M35.28M38.32M42.15M77.68M88.89M97.03M113.28M134.06M164.79M98.75M107.95M108.40M109.03M120.89M104.54M120.91M46.05M26.75M142.87M142.71M57.84M109.30M102.72M129.67M163.04M120.90M45.61M
Operating Income33.80M36.90M40.00M41.90M45.10M51.70M51.20M57.10M31.48M36.00M43.61M53.97M72.48M83.69M96.42M106.28M75.93M74.93M75.36M76.76M85.60M90.87M88.99M94.41M90.66M83.31M80.82M65.19M64.03M148.14M171.50M66.56M77.95M49.48M-2.42M-484.00K-1.72M-23.06M23.47M-122.21M
Operating Margin149.56%151.85%152.09%140.13%139.20%145.22%136.90%137.26%69.17%68.44%66.54%67.95%69.97%70.35%71.56%71.60%49.43%45.74%43.72%40.39%38.97%35.54%31.52%30.76%30.42%28.77%26.50%24.79%22.18%48.35%54.75%20.47%23.14%28.00%-1.37%-0.29%-0.82%-10.12%9.70%-
EBITDA10.30M10.50M11.60M44.90M48.20M55.00M54.60M60.80M35.46M41.08M51.39M64.88M87.88M103.28M118.20M131.33M105.14M110.68M116.46M120.39M136.15M161.11M174.32M186.52M184.65M117.36M121.29M87.36M158.07M172.01M177.53M186.85M198.57M190.66M117.02M76.48M85.79M66.40M120.67M-44.05M
EBITDA Margin45.58%43.21%44.11%150.17%148.77%154.49%145.99%146.15%77.91%78.10%78.41%81.68%84.83%86.81%87.73%88.48%68.45%67.56%67.55%63.35%61.98%63.02%61.75%60.77%61.97%40.54%39.77%33.21%54.76%56.14%56.67%57.48%58.94%107.87%66.49%45.22%40.98%29.14%49.88%-
Net Income10.30M10.50M11.60M14.30M16.10M18.40M20.40M23.20M23.12M26.10M27.96M30.14M41.06M44.30M45.14M52.35M51.84M44.89M45.56M77.64M38.66M61.88M32.84M40.74M37.43M104.88M23.71M37.35M111.64M89.74M119.34M19.67M25.63M383.55M-15.68M-21.79M-30.87M-52.98M-13.10M-154.16M
Net Income Margin45.58%43.21%44.11%47.83%49.69%51.69%54.55%55.77%50.81%49.63%42.67%37.94%39.64%37.24%33.50%35.27%33.75%27.40%26.43%40.85%17.60%24.20%11.63%13.28%12.56%36.23%7.77%14.20%38.68%29.29%38.10%6.05%7.61%217.00%-8.91%-12.88%-14.74%-23.24%-5.42%-
R&D------------------------------0.380.0600.090.230.310.150.23--
R&D as % of Total Revenue------------------------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense---------------------61.91M69.91M75.00M68.39M66.47M64.70M63.57M59.78M59.55M53.13M46.79M50.50M53.73M37.30M34.06M24.94M30.43M37.84M31.95M
Interest Expense % of Total Revenue---------------------24.21%24.76%24.44%22.95%22.96%21.21%24.17%20.71%19.43%16.96%14.39%14.99%30.40%21.20%20.14%11.91%13.35%15.64%-

Balance Sheet

Currency: USD1986-12-311987-12-311988-12-311989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets79.30M78.10M76.50M106.50M107.00M135.70M185.70M162.00M178.81M241.78M318.49M468.57M558.71M608.48M632.05M707.93M756.00M927.13M1.01B1.14B1.53B1.90B2.11B2.05B2.17B2.12B2.12B1.98B2.11B2.19B2.25B2.36B2.42B2.63B2.41B1.88B1.87B1.90B1.85B2.11B
Total Liabilities14.70M78.10M14.90M15.00M16.40M15.80M26.70M4.70M24.15M42.05M122.86M216.48M303.45M349.77M371.83M382.72M428.27M546.78M644.75M759.31M1.09B1.41B1.48B1.30B1.31B1.26B1.33B1.22B1.29B1.35B1.20B1.26B1.35B1.22B1.09B558.93M608.82M745.68M763.68M1.88B
Total Equity64.60M061.60M91.50M90.60M119.90M159.00M157.30M154.66M199.73M195.62M252.09M253.73M257.19M258.66M323.61M326.18M378.75M366.01M380.31M441.93M486.54M626.39M749.06M860.86M859.04M792.06M754.96M819.55M835.65M1.05B1.09B1.07B1.41B1.32B1.32B1.26B1.15B1.08B238.91M
Cash--------1.30M3.53M1.68M7.91M4.59M4.72M6.43M26.44M13.08M5.49M5.56M4.94M8.72M21.49M11.87M11.20M78.77M12.77M19.32M130.34M15.83M23.82M11.30M9.85M6.02M12.94M7.70M233.60M8.39M5.98M6.14M1.33B
Total Debt13.30M12.90M12.50M12.00M12.40M11.30M22.10M-18.00M15.41M120.19M107.46M238.91M297.04M351.26M359.73M351.95M517.18M493.43M713.62M1.03B1.32B1.39B1.22B1.23B1.18B1.25B1.14B1.22B1.27B1.11B1.16B1.24B1.10B987.37M496.95M552.36M679.35M698.95M520.00M
Net Debt13.30M12.90M12.50M12.00M12.40M11.30M22.10M-16.70M11.87M118.51M99.55M234.32M292.32M344.83M333.29M338.88M511.70M487.87M708.68M1.02B1.30B1.38B1.21B1.15B1.17B1.23B1.01B1.20B1.24B1.10B1.15B1.24B1.09B979.67M263.35M543.97M673.36M692.81M-811.88M

Cash Flow

Currency: USD1989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow17.80M19.10M21.40M23.70M25.00M29.82M30.99M37.56M42.50M53.59M52.45M61.97M74.67M70.34M76.39M79.71M87.52M86.34M115.54M97.02M102.90M111.93M117.86M131.10M113.32M80.70M107.36M116.93M130.63M147.37M130.92M112.99M89.16M42.69M84.67M95.24M62.24M
Investing Cash Flow-28.70M-7.70M-28.80M-54.40M22.00M-22.47M-59.12M-81.86M-152.72M-68.86M-49.88M-37.38M-65.69M-77.53M-147.52M-80.40M-98.52M-334.67M-348.63M-181.22M-12.81M-111.15M61.10M-88.55M189.85M-107.88M-93.02M-58.63M-196.35M-38.94M61.04M65.76M702.17M-241.16M-146.22M-43.74M-26.99M
Financing Cash Flow15.20M-17.40M9.90M29.40M-47.00M-7.81M28.93M42.44M116.45M11.96M-2.44M-22.88M11.03M-6.18M63.54M788.00K10.87M252.11M245.86M74.59M-90.76M66.78M-244.96M-36.00M-191.93M-87.33M-6.34M-70.82M60.73M-113.41M-184.85M-185.20M-565.40M-56.42M60.24M-51.43M-34.97M
Capital Expenditure9.70M0038.50M036.52M59.12M81.86M152.72M79.71M71.92M43.12M73.80M83.35M147.52M88.47M172.40M266.05M338.49M53.22M29.82M182.66M315.14M555.00K162.00K1.72M2.13M920.00K3.87M963.00K61.53M222.00K49.00K241.64M408.00K212.00K73.20K
Free Cash Flow8.10M19.10M21.40M-14.80M25.00M-6.70M-28.13M-44.30M-110.22M-26.11M-19.47M18.86M869.00K-13.00M-71.13M-8.76M-84.88M-179.71M-222.95M43.80M73.08M-70.72M-197.28M130.89M113.16M81.40M107.19M113.81M126.76M146.41M192.45M112.99M89.16M42.69M84.26M95.03M62.24M
Dividends Paid15.30M17.00M19.70M22.50M24.40M25.98M29.71M32.72M36.11M39.61M41.34M43.95M49.69M54.35M58.60M64.84M67.32M72.68M78.05M85.56M100.22M109.11M115.05M97.73M80.10M80.28M61.51M85.65M91.67M95.06M96.36M99.08M90.73M59.36M64.33M63.64M63.71M
FCF to OCF45.51%100.00%100.00%-62.45%100.00%-22.46%-90.78%-117.94%-259.34%-48.72%-37.13%30.43%1.16%-18.48%-93.11%-10.99%-96.98%-208.14%-192.96%45.15%71.02%-63.18%-167.39%99.84%99.86%100.86%99.85%97.33%97.04%99.35%146.99%100.00%100.00%100.00%99.52%99.78%100.00%
Dividend Paid to FCF188.89%89.01%92.06%-152.03%97.60%-387.94%-105.62%-73.86%-32.76%-151.70%-212.30%233.08%5717.61%-418.06%-82.39%-739.80%-79.32%-40.44%-35.01%195.36%137.14%-154.28%-58.32%74.67%70.79%98.62%57.38%75.26%72.31%64.93%50.07%87.69%101.76%139.07%76.35%66.96%102.35%

Earnings

Report DateFeb 23, 1993May 14, 1993Mar 31, 1998Jun 30, 1998Sep 30, 1998Dec 31, 1998Apr 26, 1999Jul 26, 1999Oct 26, 1999Dec 31, 1999Apr 25, 2000Jul 25, 2000Sep 30, 2000Dec 31, 2000Mar 31, 2001Jun 30, 2001Sep 30, 2001Dec 31, 2001Mar 31, 2002Jun 30, 2002Nov 5, 2002Feb 21, 2003Apr 21, 2003Jul 22, 2003Nov 3, 2003Feb 19, 2004Apr 21, 2004Jul 21, 2004Oct 27, 2004Feb 17, 2005Apr 19, 2005Jul 20, 2005Oct 27, 2005Feb 16, 2006Apr 18, 2006Jul 19, 2006Oct 26, 2006Feb 15, 2007Apr 17, 2007Jul 18, 2007Oct 24, 2007Feb 21, 2008Apr 28, 2008Jul 24, 2008Oct 23, 2008Feb 19, 2009Apr 27, 2009Jul 23, 2009Oct 22, 2009Feb 18, 2010Apr 29, 2010Jul 29, 2010Oct 27, 2010Feb 17, 2011Apr 28, 2011Jul 28, 2011Oct 27, 2011Feb 16, 2012Apr 26, 2012Jul 26, 2012Oct 25, 2012Feb 14, 2013Apr 26, 2013Jul 25, 2013Oct 23, 2013Feb 20, 2014Apr 24, 2014Jul 24, 2014Oct 23, 2014Feb 19, 2015Apr 23, 2015Jul 23, 2015Oct 22, 2015Feb 18, 2016Apr 27, 2016Jul 27, 2016Oct 27, 2016Feb 16, 2017Apr 26, 2017Jul 27, 2017Oct 26, 2017Feb 15, 2018Apr 25, 2018Jul 26, 2018Oct 25, 2018Feb 14, 2019Apr 24, 2019Jul 25, 2019Oct 24, 2019Feb 13, 2020Apr 22, 2020Jul 28, 2020Oct 29, 2020Feb 11, 2021Apr 28, 2021Jul 29, 2021Oct 28, 2021Feb 17, 2022Apr 27, 2022Jul 28, 2022Oct 27, 2022Feb 16, 2023Apr 27, 2023Jul 31, 2023Oct 26, 2023Feb 15, 2024May 1, 2024Aug 1, 2024Nov 4, 2024Feb 13, 2025May 1, 2025Aug 5, 2025Oct 23, 2025Feb 27, 2026Jun 25, 2026Sep 29, 2026
EPS Estimate0.230.23----0.370.370.38-0.420.42------------0.290.31-0.27--0.270.25--0.240.250.330.240.200.170.230.170.000.150.130.150.080.100.060.080.040.110.110.040.150.120.100.160.090.080.08-----0.060.010.020.050.030.060.050.04-0.020.060.080.030.060.110.090.090.070.100.090.080.060.040.05-0.06-0.090.00-0.02-0.04-0.05-0.03-0.04-0.03-0.05-0.06-0.06-0.040.010.010.020.02-0.03-0.03-0.03-0.03-0.04-0.04-0.03-0.030.00-
EPS Actual0.190.200.410.230.230.280.240.250.250.290.260.280.360.320.300.330.430.320.230.300.300.310.280.290.280.280.270.260.260.300.240.210.320.260.240.230.230.220.210.180.730.180.150.110.120.140.090.210.070.120.080.110.110.160.110.100.060.070.080.090.140.040.110.080.090.280.010.020.060.030.430.050.010.910.050.441.070.070.090.100.040.070.040.130.070.07-0.060.014.140.660.02-0.07-0.01-0.13-0.02-0.080.37-0.07-0.09-0.10-0.12-0.04-0.04-0.03-0.50-0.04-0.04-0.04-0.03-0.03-0.05-0.04-1.40-0.250.240.24
Surprise-17.39%-13.04%-----35.14%-32.43%-34.21%--38.10%-33.33%-------------3.45%-9.68%--3.70%---11.11%-16.00%--0.00%-8.00%-30.30%-8.33%5.00%5.88%217.39%5.88%--26.67%-7.69%-6.67%12.50%110.00%16.67%50.00%100.00%0.00%0.00%300.00%-26.67%-16.67%-40.00%-56.25%-11.11%12.50%75.00%------83.33%100.00%200.00%-40.00%1333.33%-16.67%-80.00%2175.00%350.00%633.33%1237.50%133.33%50.00%-9.09%-55.56%-22.22%-42.86%30.00%-22.22%-12.50%-200.00%-75.00%8180.00%1200.00%122.22%-50.00%-225.00%60.00%-166.67%1025.00%-133.33%-80.00%-66.67%-100.00%0.00%-500.00%-400.00%-2600.00%-300.00%-33.33%-33.33%0.00%0.00%-25.00%0.00%-4566.67%-733.33%--
Timing------After-hoursAfter-hoursAfter-hours-After-hoursAfter-hours----------------------After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-----After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours--

Key Statistics & Ratios

Market Cap153.72M
Enterprise Value361.73M
Trailing P/E0.00
Forward P/E43.48
PEG Ratio43.49
Price / Sales0.62
Price / Book0.91
EPS-1.24
Book Value10.31
Revenue (TTM)247.63M
Gross Profit (TTM)146.72M
EBITDA81.21M
Profit Margin-74.71%
Operating Margin-3.44%
Return on Equity-13.42%
Return on Assets0.53%
Shares Outstanding88.86M
Shares Float79.87M
Beta0.80
Dividend Yield44.17%
Dividend Rate0.72
Payout Ratio196.72%

Analyst Ratings

Hold
Based on 5 analystsTarget 18.00
  • Strong Buy
    1
  • Hold
    4

Ownership Breakdown

Institutions
77.60%
Insiders
1.66%
Retail / Other
20.74%

Top Institutional Holders

  • Highbridge Capital Management, LLC
    7.50M8.44%
  • Jane Street Group LLC
    3.98M4.48%
  • Trium Capital LLP
    3.35M3.77%
  • Verition Fund Managegment, LLC
    2.99M3.37%
  • Vanguard Capital Management, LLC
    2.92M3.28%
  • Almitas Capital LLC
    2.61M2.93%
  • Qube Research & Technologies
    2.51M2.82%
  • Millennium Management LLC
    2.20M2.47%
  • Two Sigma Investments LLC
    2.05M2.31%
  • Mangrove Partners
    2.05M2.30%
  • Stonehill Capital Management LLC
    2.04M2.29%
  • Bulldog Investors, LLC
    2.00M2.25%
  • Irenic Capital Management LP
    1.91M2.15%
  • The Toronto-Dominion Bank
    1.80M2.03%
  • Vanguard Portfolio Management, LLC
    1.66M1.87%
  • AQR Capital Management LLC
    1.44M1.62%
  • HRT FINANCIAL LLC
    1.11M1.24%
  • DLD Asset Management, LP
    1.10M1.23%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    2.83M3.18%
  • Total Return Securities Fund
    2.00M2.25%

Dividends

20262×
1.74Oct 23, 202614.67Jan 8, 2026
20253×
0.18Sep 17, 20250.18Jun 17, 20250.18Mar 19, 2025
20244×
0.18Dec 19, 20240.18Sep 19, 20240.18Jun 20, 20240.18Mar 19, 2024
20234×
0.18Dec 20, 20230.18Sep 19, 20230.18Jun 21, 20230.18Mar 21, 2023
20224×
0.17Dec 21, 20220.17Sep 20, 20220.17Jun 21, 20220.17Mar 22, 2022
20214×
0.17Dec 21, 20210.17Sep 21, 20210.30Jun 22, 20210.30Mar 19, 2021
20203×
0.30Dec 22, 20200.30Sep 18, 20200.30Jun 19, 2020

Stock Splits

  • Jun 1, 19923:2