Elme Communities

ELMES · NYSE · Real Estate / REIT - Residential

0.05USD+0.00 (+4.17%)

Price History

Full chart

Market Stats

Previous Close0.048

Open0.05

Day Range0.0461 – 0.05

52-Week Range0.03 – 17.68

Volume350.46K

Market Cap4.27M

P/E (TTM)0.00

Forward P/E0.00

EPS-1.53

Dividend Yield0.00%

Beta0.81

50-Day Avg1.55

200-Day Avg1.88

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
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: USD	2021-10-31	2022-10-31	2023-10-31	2024-10-31
Total Revenue	169.15M	209.38M	227.91M	241.94M
Growth (%)	-	+23.78%	+8.85%	+6.15%
Cost of Revenue	66.92M	81.44M	87.94M	97.56M
Gross Profit	102.24M	127.94M	139.97M	144.37M
Gross Margin	60.44%	61.11%	61.42%	59.67%
Operating Expense	100.19M	119.98M	114.84M	120.90M
Operating Income	2.04M	7.96M	25.14M	23.47M
Operating Margin	1.21%	3.80%	11.03%	9.70%
EBITDA	76.48M	85.79M	66.40M	120.67M
EBITDA Margin	45.22%	40.98%	29.14%	49.88%
Net Income	16.38M	-30.87M	-52.98M	-13.10M
Net Income Margin	9.69%	-14.74%	-23.24%	-5.42%
Interest Expense	34.06M	24.94M	30.43M	37.84M
Interest Expense % of Total Revenue	20.14%	11.91%	13.35%	15.64%

Balance Sheet

Currency: USD	2022-10-31	2023-10-31	2024-10-31	2025-10-31
Total Assets	1.87B	1.90B	1.85B	2.11B
Total Liabilities	608.82M	745.68M	763.68M	1.88B
Total Equity	1.26B	1.15B	1.08B	238.64M
Cash	8.39M	5.98M	6.14M	1.33B
Net Debt	543.97M	673.36M	692.81M	-

Cash Flow

Currency: USD	2021-10-31	2022-10-31	2023-10-31	2024-10-31
Operating Cash Flow	89.16M	73.21M	84.67M	95.24M
Financing Cash Flow	-565.40M	-56.42M	60.24M	-51.43M
Capital Expenditure	0	0	0	0
Free Cash Flow	89.16M	73.21M	84.67M	95.24M
Dividends Paid	90.73M	59.36M	64.33M	63.64M
FCF to OCF	100.00%	100.00%	100.00%	100.00%
Dividend Paid to FCF	101.76%	81.08%	75.98%	66.81%

Earnings

Report Date	Mar 31, 2025	Apr 30, 2025	Jun 30, 2025	Jul 31, 2025	Sep 30, 2025	Oct 31, 2025
EPS Estimate	-0.04	-0.04	-0.04	-0.04	-0.03	-0.03
EPS Actual	-0.05	-0.05	-0.04	-0.04	-1.40	-1.40
Surprise	-35.50%	-35.50%	-8.70%	-8.70%	-3969.77%	-3969.77%
Timing	-	-	-	-	-	-

Key Statistics & Ratios

Market Cap4.27M

Enterprise Value214.09M

Trailing P/E0.00

Forward P/E0.00

Price / Sales0.02

Price / Book0.03

EPS-1.53

Book Value10.31

Revenue (TTM)247.63M

Gross Profit (TTM)146.72M

EBITDA81.21M

Profit Margin-74.71%

Operating Margin-3.44%

Return on Equity0.00%

Return on Assets0.00%

Shares Outstanding88.86M

Shares Float79.87M

Beta0.81

Dividend Yield0.00%

Dividend Rate0.72

Payout Ratio342.86%

Analyst Ratings

Hold

Based on 1 analysts

Hold
1