ELME Overview

Elme Communities is a multifamily real estate investment trust that owns and operates apartment homes in the Washington, DC metro and the Atlanta metro. The Company operates in a single reportable segment which includes the ownership, development, redevelopment and acquisition of apartment communities (the Residential segment). The Company’s properties include Riverside Apartments, Elme Bethesda, Elme Germantown, Elme Watkins Mill, 3801 Connecticut Avenue, Kenmore Apartments, Elme Conyers, Elme Marietta and Elme Sandy Springs. It also owns and operates approximately 300,000 square feet of commercial space (Watergate 600) in the Washington, DC metro region.

Wall Street analysts forecast ELME stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ELME is18.00 USD with a low forecast of 18.00 USD and a high forecast of 18.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

Elme Communities revenue for the last quarter amounts to 62.10M USD, increased 1.72

Elme Communities. EPS for the last quarter amounts to -1.40 USD, increased 4566.67

Elme Communities (ELME) has 255 emplpoyees as of March 02 2026.

Today ELME has the market capitalization of 191.14M USD.