Elme Communities Net Worth
Elme Communities Net Worth Breakdown | ELME |
Elme Communities Net Worth Analysis
Elme Communities' net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Elme Communities' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Elme Communities' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Elme Communities' net worth analysis. One common approach is to calculate Elme Communities' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Elme Communities' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Elme Communities' net worth. This approach calculates the present value of Elme Communities' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Elme Communities' cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Elme Communities' net worth. This involves comparing Elme Communities' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Elme Communities' net worth relative to its peers.
Enterprise Value |
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To determine if Elme Communities is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Elme Communities' net worth research are outlined below:
| Elme Communities generated a negative expected return over the last 90 days | |
| Elme Communities has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 227.91 M. Net Loss for the year was (52.98 M) with profit before overhead, payroll, taxes, and interest of 144.46 M. | |
| Over 91.0% of the company shares are held by institutions such as insurance companies | |
| On 6th of January 2025 Elme Communities paid $ 0.18 per share dividend to its current shareholders |
Elme Communities uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Elme Communities. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Elme Communities' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 15th of February 2024 Upcoming Quarterly Report | View | |
| 25th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 15th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Elme Communities Target Price Consensus
Elme target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Elme Communities' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 5 | Hold |
Most Elme analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Elme stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Elme Communities, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationElme Communities Target Price Projection
Elme Communities' current and average target prices are 15.26 and 17.33, respectively. The current price of Elme Communities is the price at which Elme Communities is currently trading. On the other hand, Elme Communities' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Elme Communities Market Quote on 2nd of February 2025
Target Price
Analyst Consensus On Elme Communities Target Price
Know Elme Communities' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Elme Communities is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Elme Communities backward and forwards among themselves. Elme Communities' institutional investor refers to the entity that pools money to purchase Elme Communities' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Citadel Advisors Llc | 2024-09-30 | 1.3 M | Cbre Investment Management Listed Real Assets Llc | 2024-09-30 | 1.3 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 1.2 M | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 1.1 M | Renaissance Technologies Corp | 2024-09-30 | 1.1 M | Northern Trust Corp | 2024-09-30 | 974.8 K | Legal & General Group Plc | 2024-09-30 | 715.2 K | Bank Of New York Mellon Corp | 2024-09-30 | 702.8 K | Balyasny Asset Management Llc | 2024-09-30 | 670.7 K | Blackrock Inc | 2024-09-30 | 16.7 M | Vanguard Group Inc | 2024-09-30 | 14 M |
Follow Elme Communities' market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.34 B.Market Cap |
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Project Elme Communities' profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.03) | (0.03) | |
| Return On Capital Employed | (0.02) | (0.01) | |
| Return On Assets | (0.03) | (0.03) | |
| Return On Equity | (0.05) | (0.05) |
When accessing Elme Communities' net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Elme Communities' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Elme Communities' profitability and make more informed investment decisions.
Please note, the presentation of Elme Communities' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Elme Communities' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Elme Communities' management manipulating its earnings.
Evaluate Elme Communities' management efficiency
The current year's Return On Tangible Assets is expected to grow to -0.03. The current year's Return On Capital Employed is expected to grow to -0.01. At present, Elme Communities' Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Fixed Asset Turnover is expected to grow to 0.22, whereas Non Current Assets Total are forecasted to decline to about 1.4 B. Elme Communities' management efficiency ratios could be used to measure how well Elme Communities manages its routine affairs as well as how well it operates its assets and liabilities.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 11.84 | 7.74 | |
| Tangible Book Value Per Share | 11.84 | 8.86 | |
| Enterprise Value Over EBITDA | 26.49 | 27.81 | |
| Price Book Value Ratio | 1.28 | 1.21 | |
| Enterprise Value Multiple | 26.49 | 27.81 | |
| Price Fair Value | 1.28 | 1.21 | |
| Enterprise Value | 809.6 M | 850.1 M |
Elme Communities has shown resilience through effective management strategies. Our analysis examines how these strategies influence financial outcomes and investor returns which helps in understanding the stock's long-term potential.
Enterprise Value Revenue 8.4715 | Revenue | Quarterly Revenue Growth 0.078 | Revenue Per Share | Return On Equity |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Elme Communities insiders, such as employees or executives, is commonly permitted as long as it does not rely on Elme Communities' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Elme Communities insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Elme Communities Corporate Filings
F4 | 2nd of January 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10Q | 5th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 4th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 30th of May 2024 Other Reports | ViewVerify |
Elme Communities Earnings Estimation Breakdown
The calculation of Elme Communities' earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Elme Communities is estimated to be 0.0 with the future projection ranging from a low of 0.0 to a high of 0.0. Please be aware that this consensus of annual earnings estimates for Elme Communities is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
0.00 Lowest | Expected EPS | 0.00 Highest |
Elme Communities Earnings Projection Consensus
Suppose the current estimates of Elme Communities' value are higher than the current market price of the Elme Communities stock. In this case, investors may conclude that Elme Communities is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Elme Communities' stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of December 2024 | Current EPS (TTM) | |
| 5 | 24.07% | -0.03 | 0.0 | -0.16 |
Elme Communities Earnings History
Earnings estimate consensus by Elme Communities analysts from Wall Street is used by the market to judge Elme Communities' stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Elme Communities' upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.Elme Communities Quarterly Gross Profit |
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Elme Communities Earnings per Share Projection vs Actual
Actual Earning per Share of Elme Communities refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Elme Communities predict the company's earnings will be in the future. The higher the earnings per share of Elme Communities, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Elme Communities Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Elme Communities, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Elme Communities should always be considered in relation to other companies to make a more educated investment decision.Elme Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact Elme Communities' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-11-04 | 2024-09-30 | -0.03 | -0.03 | 0.0 | 0 | ||
2024-08-01 | 2024-06-30 | -0.03 | -0.03 | 0.0 | 0 | ||
2024-05-01 | 2024-03-31 | -0.03 | -0.04 | -0.01 | 33 | ||
2024-02-15 | 2023-12-31 | 0.02 | -0.04 | -0.06 | 300 | ||
2023-10-26 | 2023-09-30 | 0.02 | -0.02 | -0.04 | 200 | ||
2023-07-31 | 2023-06-30 | 0.01 | -0.03 | -0.04 | 400 | ||
2023-04-27 | 2023-03-31 | 0.01 | -0.04 | -0.05 | 500 | ||
2023-02-16 | 2022-12-31 | -0.04 | -0.04 | 0.0 | 0 | ||
2022-10-27 | 2022-09-30 | -0.06 | -0.12 | -0.06 | 100 | ||
2022-07-28 | 2022-06-30 | -0.06 | -0.1 | -0.04 | 66 | ||
2022-04-27 | 2022-03-31 | -0.05 | -0.09 | -0.04 | 80 | ||
2022-02-17 | 2021-12-31 | -0.03 | -0.07 | -0.04 | 133 | ||
2021-10-28 | 2021-09-30 | -0.04 | -0.02 | 0.02 | 50 | ||
2021-07-29 | 2021-06-30 | -0.03 | -0.08 | -0.05 | 166 | ||
2021-04-28 | 2021-03-31 | -0.05 | -0.02 | 0.03 | 60 | ||
2021-02-11 | 2020-12-31 | -0.04 | -0.13 | -0.09 | 225 | ||
2020-10-29 | 2020-09-30 | -0.02 | -0.01 | 0.01 | 50 | ||
2020-07-28 | 2020-06-30 | 0 | -0.07 | -0.07 | 0 | ||
2020-04-22 | 2020-03-31 | -0.09 | 0.02 | 0.11 | 122 | ||
2020-02-13 | 2019-12-31 | -0.06 | 0.66 | 0.72 | 1200 | ||
2019-10-24 | 2019-09-30 | 0.05 | -0.08 | -0.13 | 260 | ||
2019-07-25 | 2019-06-30 | 0.04 | 0.01 | -0.03 | 75 | ||
2019-04-24 | 2019-03-31 | 0.06 | -0.03 | -0.09 | 150 | ||
2019-02-14 | 2018-12-31 | 0.08 | 0.07 | -0.01 | 12 | ||
2018-10-25 | 2018-09-30 | 0.09 | 0.07 | -0.02 | 22 | ||
2018-07-26 | 2018-06-30 | 0.1 | 0.1 | 0.0 | 0 | ||
2018-04-25 | 2018-03-31 | 0.07 | 0.06 | -0.01 | 14 | ||
2018-02-15 | 2017-12-31 | 0.09 | 0.07 | -0.02 | 22 | ||
2017-10-26 | 2017-09-30 | 0.09 | 0.1 | 0.01 | 11 | ||
2017-07-27 | 2017-06-30 | 0.11 | 0.1 | -0.01 | 9 | ||
2017-04-26 | 2017-03-31 | 0.06 | 0.09 | 0.03 | 50 | ||
2017-02-16 | 2016-12-31 | 0.03 | 0.07 | 0.04 | 133 | ||
2016-10-27 | 2016-09-30 | 0.08 | 1.07 | 0.99 | 1237 | ||
2016-07-27 | 2016-06-30 | 0.06 | 0.44 | 0.38 | 633 | ||
2016-04-27 | 2016-03-31 | -0.02 | 0.03 | 0.05 | 250 | ||
2016-02-18 | 2015-12-31 | 0.04 | 0.91 | 0.87 | 2175 | ||
2015-10-22 | 2015-09-30 | 0.05 | 0.01 | -0.04 | 80 | ||
2015-07-23 | 2015-06-30 | 0.06 | 0.05 | -0.01 | 16 | ||
2015-04-23 | 2015-03-31 | 0.03 | -0.01 | -0.04 | 133 | ||
2015-02-19 | 2014-12-31 | 0.05 | 0.03 | -0.02 | 40 | ||
2014-10-23 | 2014-09-30 | 0.04 | 0.05 | 0.01 | 25 | ||
2014-07-24 | 2014-06-30 | 0.01 | 0.02 | 0.01 | 100 | ||
2014-04-24 | 2014-03-31 | 0.06 | -0.02 | -0.08 | 133 | ||
2012-07-26 | 2012-06-30 | 0.08 | 0.09 | 0.01 | 12 | ||
2012-04-26 | 2012-03-31 | 0.09 | 0.08 | -0.01 | 11 | ||
2012-02-16 | 2011-12-31 | 0.16 | -0.22 | -0.38 | 237 | ||
2011-10-27 | 2011-09-30 | 0.12 | 0.1 | -0.02 | 16 | ||
2011-07-28 | 2011-06-30 | 0.12 | 0.1 | -0.02 | 16 | ||
2011-04-28 | 2011-03-31 | 0.11 | 0.07 | -0.04 | 36 | ||
2011-02-17 | 2010-12-31 | 0.04 | 0.16 | 0.12 | 300 | ||
2010-10-27 | 2010-09-30 | 0.1 | 0.1 | 0.0 | 0 | ||
2010-07-29 | 2010-06-30 | 0.11 | 0.24 | 0.13 | 118 | ||
2010-02-18 | 2009-12-31 | 0.08 | 0.12 | 0.04 | 50 | ||
2009-10-22 | 2009-09-30 | 0.08 | 0.16 | 0.08 | 100 | ||
2009-07-23 | 2009-06-30 | 0.1 | 0.23 | 0.13 | 130 | ||
2009-04-27 | 2009-03-31 | 0.09 | 0.2 | 0.11 | 122 | ||
2009-02-19 | 2008-12-31 | 0.15 | 0.14 | -0.01 | 6 | ||
2008-10-23 | 2008-09-30 | 0.14 | 0.12 | -0.02 | 14 | ||
2008-07-24 | 2008-06-30 | 0.16 | 0.44 | 0.28 | 175 | ||
2008-04-28 | 2008-03-31 | 0 | -0.03 | -0.03 | 0 | ||
2008-02-21 | 2007-12-31 | 0.17 | 0.18 | 0.01 | 5 | ||
2007-10-24 | 2007-09-30 | 0.2 | 0.73 | 0.53 | 265 | ||
2007-07-18 | 2007-06-30 | 0.17 | 0.18 | 0.01 | 5 | ||
2007-04-17 | 2007-03-31 | 0.2 | 0.21 | 0.01 | 5 | ||
2007-02-15 | 2006-12-31 | 0.24 | 0.22 | -0.02 | 8 | ||
2006-10-26 | 2006-09-30 | 0.23 | 0.23 | 0.0 | 0 | ||
2006-07-19 | 2006-06-30 | 0.25 | 0.18 | -0.07 | 28 | ||
2006-04-18 | 2006-03-31 | 0.24 | 0.25 | 0.01 | 4 | ||
2005-07-20 | 2005-06-30 | 0.25 | 0.21 | -0.04 | 16 | ||
2005-04-19 | 2005-03-31 | 0.27 | 0.24 | -0.03 | 11 | ||
2004-07-21 | 2004-06-30 | 0.27 | 0.26 | -0.01 | 3 | ||
2004-02-19 | 2003-12-31 | 0.31 | 0.28 | -0.03 | 9 | ||
2003-11-03 | 2003-09-30 | 0.29 | 0.28 | -0.01 | 3 | ||
1993-05-14 | 1993-03-31 | 0.23 | 0.2 | -0.03 | 13 | ||
1993-02-23 | 1992-12-31 | 0.23 | 0.19 | -0.04 | 17 |
Elme Communities Corporate Management
| Efrem Reid | Vice Resources | Profile | |
| Wade Hammond | Chief VP | Profile | |
| Amy Hopkins | Vice Relations | Profile | |
| Anthony Chang | VP Management | Profile | |
| Grant Montgomery | Vice Research | Profile | |
| Daniel Chappell | Vice Investments | Profile |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elme Communities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Elme Stock refer to our How to Trade Elme Stock guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Multi-Family Residential REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Elme Communities. If investors know Elme will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Elme Communities listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 0.72 | Earnings Share (0.16) | Revenue Per Share | Quarterly Revenue Growth 0.078 | Return On Assets |
The market value of Elme Communities is measured differently than its book value, which is the value of Elme that is recorded on the company's balance sheet. Investors also form their own opinion of Elme Communities' value that differs from its market value or its book value, called intrinsic value, which is Elme Communities' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Elme Communities' market value can be influenced by many factors that don't directly affect Elme Communities' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Elme Communities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Elme Communities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elme Communities' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.