ELME: Elme Communities
About
Elme Communities engages in the ownership and operation of apartment communities. It operates through the following segments: Residential and Other. The company was founded by Arthur A. Birney and Benjamin H. Dorsey in 1960 and is headquartered in Bethesda, MD.
Key Details
Market Cap
$1.39B
P/E Ratio
-103.2
1Y Stock Return
21.51%
1Y Revenue Growth
6.62%
Dividend Yield
4.93%
Price to Book
1.3
Strategies that include ELME
Stock's related to ELME
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| NXRT | 70.98% | $1.17B | +52.21% | 4.03% |
| UDR | 69.03% | $14.68B | +35.67% | 3.83% |
| VRE | 68.71% | $1.70B | +35.93% | 1.29% |
| IRT | 68.04% | $4.81B | +60.60% | 3.03% |
| CPT | 68.03% | $12.94B | +38.30% | 3.40% |
| MAA | 66.90% | $18.48B | +30.08% | 3.74% |
| ESS | 66.03% | $19.39B | +41.91% | 3.22% |
| AVB | 65.66% | $32.63B | +34.34% | 2.94% |
| ARE | 65.31% | $18.26B | +0.69% | 4.97% |
| EQR | 64.25% | $28.27B | +32.70% | 3.63% |
| PDM | 64.11% | $1.17B | +53.51% | 5.34% |
| GNL | 63.53% | $1.69B | -16.46% | 16.20% |
| CSR | 63.12% | $1.22B | +37.00% | 4.09% |
| LXP | 62.86% | $2.70B | +9.82% | 5.66% |
| DEA | 62.47% | $1.27B | +5.51% | 8.82% |
| DOC | 62.39% | $14.97B | +30.73% | 5.67% |
| SAFE | 62.06% | $1.47B | +9.32% | 3.47% |
| STAG | 61.74% | $6.62B | +1.94% | 4.09% |
| PLYM | 61.58% | $842.88M | -11.32% | 5.12% |
| SLG | 61.33% | $5.09B | +133.31% | 3.89% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| DOGZ | -<0.01% | $614.77M | +1,372.26% | 0.00% |
| TIGR | -0.02% | $869.81M | +19.38% | 0.00% |
| TEN | -0.05% | $606.64M | +3.32% | 4.39% |
| LICY | -0.05% | $53.41M | -60.56% | 0.00% |
| AGX | 0.11% | $2.01B | +224.91% | 0.85% |
| SE | -0.12% | $60.12B | +197.12% | 0.00% |
| POWL | 0.17% | $3.74B | +275.35% | 0.29% |
| UUU | 0.19% | $4.97M | -41.89% | 0.00% |
| APRE | 0.22% | $16.41M | -19.47% | 0.00% |
| GAN | 0.27% | $83.39M | +21.19% | 0.00% |
| RVP | 0.29% | $17.51M | -46.82% | 0.00% |
| INSW | -0.31% | $2.07B | +1.70% | 1.14% |
| TNK | 0.34% | $1.48B | -12.01% | 2.31% |
| DAO | -0.35% | $159.28M | +25.62% | 0.00% |
| ABEO | 0.35% | $256.04M | +41.25% | 0.00% |
| GEV | -0.43% | $93.72B | +159.05% | 0.00% |
| CYD | -0.46% | $364.46M | -2.94% | 4.26% |
| HIHO | -0.51% | $8.63M | 0.00% | 6.12% |
| LX | -0.52% | $446.80M | +57.07% | 4.21% |
| KEP | 0.63% | $11.16B | +25.58% | 0.00% |
ETF's related to ELME
News
SeekingAlpha
Real estate equities were laggards this week as benchmark interest rates hovered around four-month highs. Read more to see my thoughts.
Yahoo
Q3 2024 Elme Communities Earnings Call
Yahoo
Elme Communities (ELME) reports stable occupancy and strong renovation returns, while addressing challenges in the Atlanta market.
SeekingAlpha
Elme Communities (NYSE:ELME) Q3 2024 Earnings Conference Call November 5, 2024 10:00 AM ETCompany ParticipantsAmy Hopkins - VP, IRPaul McDermott -...
Yahoo
BETHESDA, Md. AP) — Elme Communities (ELME) on Monday reported a key measure of profitability in its third quarter. The real estate investment trust, based in Bethesda, Maryland, said it had funds from operations of $20.7 million, or 23 cents per share, in the period.
Yahoo
BETHESDA, Md., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Elme Communities (the “Company”) (NYSE: ELME), a multifamily REIT with communities in the Washington, DC metro area and the Atlanta metro area, reported financial and operating results today for the quarter ended September 30, 2024: Financial Results Net loss was $3.0 million, or $0.03 per diluted shareNAREIT FFO was $20.5 million, or $0.23 per diluted shareCore FFO was $20.7 million, or $0.23 per diluted shareNet Operating Income (NOI) was $38.8
Disclaimer
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