WRE
Elme Communities
Set alert
52-week range unavailable
- Open
- 17.50
- Prev close
- 17.57
- Mkt cap
- 1.54B
- Vol
- 364.59K
- Avg vol
- 0
- EPS
- 0.00
- P/E
- 0.00
- Div yield
- 3.87%
More statistics
- Low
- 17.37
- High
- 17.80
- Forward P/E
- -219.63
- Beta
- 0.90
- Short ratio
- 5.29
- Inst. own
- 96.56%
- Dividend
- 0.68
- Ex-div date
- Sep 19, 2022
- Earnings
- Oct 27, 2022
- 50-d avg
- 18.87
- 200-d avg
- 22.23
- 1y target
- 22.80
Key statistics
- Market cap
- 1.54B
- Enterprise value
- 2.06B
- Trailing P/E
- 158.29
- Forward P/E
- -219.63
- PEG ratio
- -17.70
- Price / sales
- 8.24
- Price / book
- 1.18
- EPS (TTM)
- 0.111
- Beta
- 0.90
- Dividend yield
- 3.87%
- Payout ratio
- 0.00%
- Profit margin
- 4.25%
- Revenue (TTM)
- 186.43M
- Revenue growth
- 24.40%
- Free cash flow
- 906.44M
- Total cash
- 46.81M
- Total debt
- 568.71M
- Return on equity
- -3.54%
- Shares outstanding
- 87.40M
- Short % of float
- 6.26%
- 50-day average
- 18.87
- 200-day average
- 22.23
Analyst view
Consensus: hold
- Target (low)
- 21.00
- Target (mean)
- 22.80
- Target (high)
- 26.00
- Strong buy1
- Buy3
- Hold3
- Sell0
- Strong sell0
Next earnings
Oct 27, 2022
Expected Oct 27, 2022. Consensus EPS estimate -0.06.
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Oct 27, 2022 | Sep 1, 2022 | 0.23 | — | — | — |
| Jul 28, 2022 | Jun 1, 2022 | 0.22 | — | — | — |
| Apr 27, 2022 | Mar 1, 2022 | 0.19 | — | — | — |
| Feb 17, 2022 | Dec 1, 2021 | 0.18 | — | — | — |
| Oct 28, 2021 | Sep 1, 2021 | 0.21 | — | — | — |
| Jul 29, 2021 | Jun 1, 2021 | 0.33 | — | — | — |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Oct 18, 2022 | Wells Fargo | main | — | Equal-Weight |
| Jul 1, 2022 | Wells Fargo | main | — | Equal-Weight |
| Jun 14, 2022 | JP Morgan | main | — | Neutral |
| Dec 1, 2021 | Wells Fargo | main | — | Equal-Weight |
| Oct 1, 2021 | BTIG | init | — | Buy |
| Sep 30, 2021 | Wells Fargo | main | — | Equal-Weight |
About Elme Communities
Elme Communities owns and operates uniquely positioned real estate assets in the Washington Metro area. Backed by decades of experience, expertise and ambition, we create value by transforming insights into strategy and strategy into action. As of October 29, 2020, the Company's portfolio of 45 properties includes approximately 3.7 million square feet of commercial space and 6,863 multifamily apartment units. These 45 properties consist of 22 multifamily properties,15 office properties, and 8 retail centers. Our shares trade on the NYSE. With a track record of driving returns and delivering satisfaction, we are a trusted authority in one of the nation's most competitive real estate markets.
- Sector
- Real Estate
- Industry
- REIT—Office
- Country
- United States
- Website
- elmecommunities.com
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| BANNER JENNIFER S | Director | Stock Award(Grant) | Sep 29, 2022 | 998 |
| BUTCHER BENJAMIN S. | Director | Stock Award(Grant) | Sep 29, 2022 | 49,362 |
| BYRNES WILLIAM G | Director | Stock Award(Grant) | May 12, 2022 | 94,392 |
| CIVERA EDWARD S | Director | Stock Award(Grant) | May 12, 2022 | 71,887 |
| GOITIA ELLEN M. | Director | Stock Award(Grant) | May 12, 2022 | 21,729 |
| HAMMOND WADE DREW | Officer and Treasurer | Stock Award(Grant) | Feb 15, 2022 | 37,487 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Blackrock Inc. | 18.46% | 16,135,283 | 283.50M | Jun 29, 2022 |
| Vanguard Group, Inc. (The) | 16.06% | 14,033,158 | 246.56M | Jun 29, 2022 |
| FMR, LLC | 12.15% | 10,621,423 | 186.62M | Jun 29, 2022 |
| State Street Corporation | 6.15% | 5,374,249 | 94.43M | Jun 29, 2022 |
| Price (T.Rowe) Associates Inc | 5.31% | 4,638,480 | 81.50M | Jun 29, 2022 |
| Thornburg Investment Management Inc. | 2.60% | 2,271,906 | 39.92M | Jun 29, 2022 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| iShares Core S&P Smallcap ETF | 7.30% | 6,382,650 | 112.14M | Sep 29, 2022 |
| Vanguard Specialized-Real Estate Index Fund | 4.59% | 4,010,181 | 70.46M | Jul 30, 2022 |
| Price (T.Rowe) Small-Cap Value Fund | 3.40% | 2,968,100 | 52.15M | Jun 29, 2022 |
| Vanguard Total Stock Market Index Fund | 2.96% | 2,586,930 | 45.45M | Jun 29, 2022 |
| Thornburg Investment Income Builder Fund | 2.60% | 2,270,830 | 39.90M | Jun 29, 2022 |
| Vanguard Small-Cap Index Fund | 2.52% | 2,201,645 | 38.68M | Jun 29, 2022 |