Elme Communities Stock Analysis
ELME Stock | USD 16.40 0.24 1.49% |
Elme Communities is fairly valued with Real Value of 16.45 and Target Price of 16.25. The main objective of Elme Communities stock analysis is to determine its intrinsic value, which is an estimate of what Elme Communities is worth, separate from its market price. There are two main types of Elme Communities' stock analysis: fundamental analysis and technical analysis.
The Elme Communities stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Elme Communities' ongoing operational relationships across important fundamental and technical indicators.
Elme |
Elme Stock Analysis Notes
About 91.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.31. Some equities with similar Price to Book (P/B) outperform the market in the long run. Elme Communities recorded a loss per share of 0.16. The entity last dividend was issued on the 19th of December 2024. The firm had 3:2 split on the 1st of June 1992. Elme Communities owns and operates uniquely positioned real estate assets in the Washington Metro area. With a track record of driving returns and delivering satisfaction, we are a trusted authority in one of the nations most competitive real estate markets. Elme Communities operates under REITOffice classification in the United States and is traded on New York Stock Exchange. It employs 53 people. To learn more about Elme Communities call the company at 202 774 3200 or check out https://www.elmecommunities.com.Elme Communities Quarterly Total Revenue |
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Elme Communities Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Elme Communities' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Elme Communities or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
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 127.94 M. | |
Over 91.0% of the company shares are held by institutions such as insurance companies | |
On 3rd of October 2024 Elme Communities paid $ 0.18 per share dividend to its current shareholders | |
Latest headline from MacroaxisInsider: Acquisition by Byrnes William G of 3084 shares of Elme Communities subject to Rule 16b-3 |
Elme Communities Upcoming and Recent Events
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 Largest EPS Surprises
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 | |||
---|---|---|---|---|---|---|---|
2024-05-01 | 2024-03-31 | -0.03 | -0.04 | -0.01 | 33 | ||
2020-10-29 | 2020-09-30 | -0.02 | -0.01 | 0.01 | 50 | ||
2019-02-14 | 2018-12-31 | 0.08 | 0.07 | -0.01 | 12 |
Elme Communities Environmental, Social, and Governance (ESG) Scores
Elme Communities' ESG score is a quantitative measure that evaluates Elme Communities' performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Elme Communities' operations that may have significant financial implications and affect Elme Communities' stock price as well as guide investors towards more socially responsible investments.
Elme Stock Institutional Investors
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 | Nuveen Asset Management, Llc | 2024-06-30 | 1.5 M | 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 | Renaissance Technologies Corp | 2024-09-30 | 1.1 M | Northern Trust Corp | 2024-09-30 | 974.8 K | Bank Of New York Mellon Corp | 2024-06-30 | 811.4 K | Legal & General Group Plc | 2024-06-30 | 760.1 K | Balyasny Asset Management Llc | 2024-09-30 | 670.7 K | Blackrock Inc | 2024-06-30 | 16.8 M | Vanguard Group Inc | 2024-09-30 | 14 M |
Elme Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.44 B.Elme Profitablity
The company has Profit Margin (PM) of (0.06) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.11 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.11.Last Reported | Projected for Next Year | ||
Return On Tangible Assets | (0.03) | (0.03) | |
Return On Capital Employed | (0.01) | (0.01) | |
Return On Assets | (0.03) | (0.03) | |
Return On Equity | (0.05) | (0.04) |
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 decrease 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 | 13.16 | 7.74 | |
Tangible Book Value Per Share | 13.16 | 8.86 | |
Enterprise Value Over EBITDA | 29.43 | 30.90 | |
Price Book Value Ratio | 1.11 | 1.05 | |
Enterprise Value Multiple | 29.43 | 30.90 | |
Price Fair Value | 1.11 | 1.05 | |
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.
Dividend Yield 0.0439 | Operating Margin 0.1103 | Profit Margin (0.06) | Forward Dividend Yield 0.0439 | Beta 0.909 |
Technical Drivers
As of the 26th of November, Elme Communities shows the Variance of 1.57, mean deviation of 0.9453, and Standard Deviation of 1.25. Elme Communities technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Elme Communities variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Elme Communities is priced favorably, providing market reflects its regular price of 16.4 per share. Given that Elme Communities has information ratio of (0.15), we urge you to verify Elme Communities's prevailing market performance to make sure the company can sustain itself at a future point.Elme Communities Price Movement Analysis
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Elme Communities Insider Trading Activities
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.
Byrnes William G a day ago Acquisition by Byrnes William G of 3084 shares of Elme Communities subject to Rule 16b-3 | ||
Banner Jennifer S over a month ago Acquisition by Banner Jennifer S of 781 shares of Elme Communities subject to Rule 16b-3 | ||
Tiffany Butcher over three months ago Disposition of 674 shares by Tiffany Butcher of Elme Communities at 15.53 subject to Rule 16b-3 | ||
Banner Jennifer S over three months ago Acquisition by Banner Jennifer S of 863 shares of Elme Communities subject to Rule 16b-3 | ||
Wade Hammond over six months ago Acquisition by Wade Hammond of 8618 shares of Elme Communities subject to Rule 16b-3 | ||
Stephen Riffee over a year ago Acquisition by Stephen Riffee of 16925 shares of Elme Communities subject to Rule 16b-3 | ||
Winns Anthony L over a year ago Acquisition by Winns Anthony L of 3084 shares of Elme Communities subject to Rule 16b-3 | ||
Stephen Riffee over a year ago Acquisition by Stephen Riffee of 1096 shares of Elme Communities subject to Rule 16b-3 |
Elme Communities Outstanding Bonds
Elme Communities issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Elme Communities uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Elme bonds can be classified according to their maturity, which is the date when Elme Communities has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Elme Communities Predictive Daily Indicators
Elme Communities intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Elme Communities stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Elme Communities Corporate Filings
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 |
F4 | 1st of October 2024 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 | 2nd of August 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 1st of August 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
8K | 11th of July 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 2nd of July 2024 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 |
F4 | 4th of June 2024 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 |
Elme Communities Forecast Models
Elme Communities' time-series forecasting models are one of many Elme Communities' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Elme Communities' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Elme Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Elme Communities prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Elme shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Elme Communities. By using and applying Elme Stock analysis, traders can create a robust methodology for identifying Elme entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | (0.23) | (0.22) | |
Operating Profit Margin | (0.10) | (0.10) | |
Net Loss | (0.23) | (0.22) | |
Gross Profit Margin | 0.61 | 0.70 |
Current Elme Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Elme analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Elme analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
16.25 | Buy | 5 | Odds |
Most Elme analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Elme stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Elme Communities, talking to its executives and customers, or listening to Elme conference calls.
Elme Stock Analysis Indicators
Elme Communities stock analysis indicators help investors evaluate how Elme Communities stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Elme Communities shares will generate the highest return on investment. By understating and applying Elme Communities stock analysis, traders can identify Elme Communities position entry and exit signals to maximize returns.
Begin Period Cash Flow | 9.9 M | |
Long Term Debt | 522.3 M | |
Common Stock Shares Outstanding | 87.7 M | |
Total Stockholder Equity | 1.2 B | |
Property Plant And Equipment Net | 1.8 B | |
Cash And Short Term Investments | 8.5 M | |
Cash | 6 M | |
Accounts Payable | 39 M | |
Net Debt | 673.4 M | |
50 Day M A | 17.1042 | |
Total Current Liabilities | 217.1 M | |
Other Operating Expenses | 251 M | |
Non Current Assets Total | 1.9 B | |
Non Currrent Assets Other | 1.9 B | |
Stock Based Compensation | 5.5 M |
Complementary Tools for Elme Stock analysis
When running Elme Communities' price analysis, check to measure Elme Communities' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Elme Communities is operating at the current time. Most of Elme Communities' value examination focuses on studying past and present price action to predict the probability of Elme Communities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elme Communities' price. Additionally, you may evaluate how the addition of Elme Communities to your portfolios can decrease your overall portfolio volatility.
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