ELME — Elme Communities
NYSE · Real Estate · REIT - Residential
$1.67
-$0.01 (-0.60%)
Elme Communities (ELME) is a reit - residential company listed on NYSE. It is led by Paul T. McDermott, based in 7550 Wisconsin Avenue, Bethesda, MD, United States, 20814, with about 255 employees. Elme Communities is committed to elevating what home can be for middle-income renters by providing a higher level of quality, service, and experience. The Company is a multifamily real estate investment trust that owns and operates approximately 9,400 apartment homes in the Washington, DC metro and the Atlanta metro regions, and owns approximately 300,000 square feet of commercial space. Focused on providing quality, affordable homes to a deep, solid, and underserved base of mid-market demand, Elme Communities is building long-term value for shareholders.
Latest reported ELME revenue for 2025-09-30 was $62.1M. Net income was -$123.5M. Revenue was up 0.0% from 2025-06-30 to 2025-09-30. ELME currently screens at market cap $1.44B.
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About Elme Communities
Elme Communities is committed to elevating what home can be for middle-income renters by providing a higher level of quality, service, and experience. The Company is a multifamily real estate investment trust that owns and operates approximately 9,400 apartment homes in the Washington, DC metro and the Atlanta metro regions, and owns approximately 300,000 square feet of commercial space. Focused on providing quality, affordable homes to a deep, solid, and underserved base of mid-market demand, Elme Communities is building long-term value for shareholders.
ELME Key Statistics
Market Cap
$1.44B
Volume
758,825
Previous Close
$1.68
Day Range
$1.66 – $1.69
EPS
-$0.03
Revenue
$61.26M
Net Income
-$3.02M
Gross Profit
$0.00
Free Cash Flow
$0.00
Dividend Yield
4.53%
Revenue Growth
+4.1%
Profit Margin
-4.9%
Employees
255
ELME Financials
Annual income statement in USD. Latest reported periods first.
| Line | FY2024 | FY2023 |
|---|---|---|
| Revenue | $61.26M | $58.85M |
| Cost of Revenue | $0.00 | $0.00 |
| Gross Profit | $0.00 | $0.00 |
| Operating Income | $0.00 | $0.00 |
| Net Income | -$3.02M | -$3.10M |
| EPS (Diluted) | -$0.03 | -$0.04 |
Total Assets
$1.85B
Total Debt
$0.00
Shareholders' Equity
$0.00
Cash & Equivalents
$6.14M
Operating Cash Flow
$95.24M
Free Cash Flow
$0.00
Elme Communities Company Information
- Chairman of Board, President & CEO
- Paul T. McDermott
- Headquarters
- 7550 Wisconsin Avenue, Bethesda, MD, United States, 20814
- Website
- www.elmecommunities.com
- Phone
- 202 774 3200
- IPO / Founded
- 1992-03-17
- Sector
- Real Estate
- Industry
- REIT - Residential