ELME Company Profile and Key Details

ELME has shown sold momentum, gaining 7.32% over the past week and 19.87% over the past quarter, though year-to-date performance is up 15.32%. Short-term trend indicators are bullishly aligned (SMA20 -0.96%, SMA50 -13.96%, SMA200 -14.37%). The stock’s 14-day RSI is 34.28 (weak momentum), while the ATR of 0.06 points to higher daily volatility. The stock remains hovering near 52-week lows, trading -31.76% below its high and over 3.33% above its low. Average 10-day trading volume of 891.71 thousand shares is below the 3-month average of 1.19 million, indicating normal recent market interest.

Analyst sentiment is neutral. Analyst rating data shows there are 0 Strong Buy ratings, 0 Buy ratings, 3 Hold ratings, 0 Sell rating and 0 Strong Sell ratings. Price targets range from $18.00 to $2.00. The high target offers 795.52% upside. The low target suggests -0.5% downside. The mean target is $12.67. This offers 530.35% upside. Elme Communities earnings surprise history is a mixed track record. The quarter that ended May 11, 2026, missed forecasts by -120.83%. The prior quarter beat by -120.83%. Over the last six quarters, Apple has recorded several small beats. These include 4.35% in May 01, 2025.

Elme Communities has 88.16 million shares outstanding. The public float is 87.16 million shares, elevated short interest at 3.31% of float. This equals 1.85 million shares. The short ratio is 2.96 days. Institutional investors hold 96.09% of the float. Insiders own 1.38%. McDermott Paul T. holds 552.61 thousand shares, RIFFEE STEPHEN EDWARD has 148.93 thousand shares and BYRNES WILLIAM G has 102.77 thousand shares.

Elme Communities (NYSE:ELME) closed at $2.01 USD, losing -$0.01 (-0.50%) from the previous close of $2.02. The stock is currently within 5% of its 52-week low $1.98 and $17.68. With a market capitalization of about $178.60 million, Elme Communities is classified as a micro-cap and shows lower-than-market volatility (beta ~0.77). Key stats such as the average daily volume over the past year has been around 1.18 million shares, in line with its 52-week average. Headquartered in Bethesda, DC, Elme Communities operates in the Real Estate sector and the REIT - Office industry. Led by CEO Paul T. McDermott, the company employs approximately 255 people and listed since March 17, 1980. Elme Communities is a prominent owner and operator of distinctive real estate assets strategically located throughout the Washington D.C.

Elme Communities last paid a dividend of 15.03 per share, this equals a trailing yield of roughly 4.01%. Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around $25.35. This means the shares are trading below this model’s fair value.

Elme Communities trades at a P/E ratio of -1.15, slightly below the S&P 500 average, with a price-to-sales ratio of -2.92 and a price-to-book ratio of 0.87 suggesting the stock is closer to book value. The P/FCF stands at 2.89, also above market averages.

Elme Communities (NYSE:ELME) shares are up 15.32% year-to-date currently trading near 52-week highs band. Short-term momentum has been positive over the last quarter, despite recent volatility. Valuation shows Elme Communities trading at a premium to the broader market with a P/E of -1.15. Analyst sentiment is mixed, with the majority of ratings in Neutral territory and a mean price target of $16.85, suggesting 738.31% upside. Our AI forecast model points to short-term strength (1.0% over two weeks), a medium-term fall (-100.0% over three months), and a longer-term loss (-100.0% over one year), with expected trading ranges indicating moderate volatility.

Our AI price prediction model suggests that Elme Communities stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term. 2-Week Outlook: Projected increase of 1.0%, with price expected at $2.03 by June 30, 2026, within a range of $1.97 to $2.10 3-Month Outlook: Projected fall of -100.0%, reaching $0.00 by September 14, 2026, with a range of $0.00 to $0.67. 1-Year Outlook: Projected loss of -100.0%, with price at $0.00 by June 16, 2027, within a range of $0.00 to $0.50.