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Elme CommunitiesNYSE: ELME

Profile

Industry:

Residential

Country:

United States

IPO:

17 March 1980

Next earnings report:

01 August 2024

Last dividends:

20 June 2024

Next dividends:

N/A
$1.31 B
-43%vs. 3y high
51%vs. sector
-vs. 3y high
-vs. sector
-34%vs. 3y high
50%vs. sector
-58%vs. 3y high
68%vs. sector

Price

after hours | Wed, 03 Jul 2024 17:04:59 GMT
$14.89-$0.78(-4.98%)
$59.51 M$60.37 M
$59.51 M-$3.65 M

Analysts recommendations

Institutional Ownership

ELME Latest News

Elme Communities (ELME) Q1 2024 Earnings Call Transcript
Seeking Alpha05 May 2024 Sentiment: POSITIVE

Elme Communities (NYSE: ELME) Q1 2024 Earnings Conference Call will take place on May 2, 2024 at 9:00 AM ET. Participants include Amy Hopkins, Paul McDermott, Tiffany Butcher, and Steven Freishtat. Conference Call Participants include Anthony Paolone and Jamie Feldman from JPMorgan and Wells Fargo, respectively. Welcome to the Elme Communities First Quarter 2024 Earnings Conference Call. All participants are currently in a listen-only mode.

Elme Communities to Release First Quarter 2024 Results on Wednesday, May 1st
GlobeNewsWire26 March 2024 Sentiment: NEUTRAL

BETHESDA, Md., March 26, 2024 (GLOBE NEWSWIRE) -- Elme Communities (“Elme”) (NYSE:ELME), a value-oriented multifamily owner and operator, will release first quarter earnings results after market close on Wednesday, May 1, 2024. A conference call to discuss these results will be conducted on Thursday, May 2, 2024, at 9:00 am ET. There will also be a live, listen-only webcast presentation. Conference call and webcast access information is as follows:

Elme Communities (ELME) Q4 2023 Earnings Call Transcript
Seeking Alpha16 February 2024 Sentiment: NEUTRAL

Elme Communities (ELME) Q4 2023 Earnings Call Transcript

Elme (ELME) Q4 FFO and Revenues Miss Estimates
Zacks Investment Research15 February 2024 Sentiment: NEGATIVE

Elme (ELME) came out with quarterly funds from operations (FFO) of $0.24 per share, missing the Zacks Consensus Estimate of $0.25 per share. This compares to FFO of $0.24 per share a year ago.

Elme Communities: Positive Developments, Neutral View On Shares
Seeking Alpha31 October 2023 Sentiment: POSITIVE

Multifamily REIT, Elme Communities, reported generally positive quarterly results with reaffirmed full-year guidance. ELME also updated investors on a large community acquisition in their fast-growing Atlanta market. While the acquisition increased overall leverage, ELME's debt profile still allows for greater financial flexibility than its peers.

Elme Communities (ELME) Q3 2023 Earnings Call Transcript
Seeking Alpha27 October 2023 Sentiment: POSITIVE

Elme Communities (NYSE:ELME ) Q3 2023 Results Conference Call October 27, 2023 10:00 AM ET Company Participants Amy Hopkins - Vice President Investor Relations Paul McDermott - Chairman of Board, President and CEO Tiffany Butcher - Executive VP and COO Steven Freishtat - Executive VP and CFO Grant Montgomery - Vice President of Research Conference Call Participants Jamie Feldman - Wells Fargo Alan Peterson - Green Street Operator Hello, and welcome to the Elme Communities Third Quarter 2023 Earnings Conference Call. As a reminder, today's call is being recorded.

Elme Communities to Release Third Quarter 2023 Results on Thursday, October 26th
GlobeNewsWire02 October 2023 Sentiment: POSITIVE

BETHESDA, Md., Oct. 02, 2023 (GLOBE NEWSWIRE) -- Elme Communities (“Elme”) (NYSE:ELME), a value-oriented multifamily owner and operator, will release third quarter earnings results after market close on Thursday, October 26, 2023. A conference call to discuss these results will be conducted on Friday, October 27, 2023, at 10:00 am ET. There will also be a live, listen-only webcast presentation. Conference call and webcast access information is as follows:

ELME Communities: Executing On Transformation Efforts, Shares Fairly Valued
Seeking Alpha24 August 2023 Sentiment: POSITIVE

Multifamily operator, ELME Communities, continues to generate strong property-level growth rates. Their portfolio is also running on stable occupancy rates, with retention well-above historical averages. The company has executed on their transformation efforts, though not entirely without hitch.

Elme Communities (ELME) Q2 2023 Earnings Call Transcript
Seeking Alpha05 August 2023 Sentiment: POSITIVE

Elme Communities (NYSE:ELME ) Q2 2023 Results Conference Call August 1, 2023 10:00 AM ET Company Participants Paul McDermott - CEO Amy Hopkins - VP, IR Steve Freishtat - CFO Grant Montgomery - VP and Head, Research Conference Call Participants Jamie Feldman - Wells Fargo Alan Peterson - Green Street Tony Paolone - JPMorgan Michael Gorman - BTIG Operator Welcome to the Elme Communities Second Quarter 2023 Earnings Conference Call. As a reminder, today's call is being recorded.

Elme (ELME) Meets Q2 FFO Estimates
Zacks Investment Research31 July 2023 Sentiment: POSITIVE

Elme (ELME) came out with quarterly funds from operations (FFO) of $0.24 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.21 per share a year ago.

What type of business is Elme Communities?

Elme Communities owns and operates uniquely positioned real estate assets in the Washington Metro area. Backed by decades of experience, expertise and ambition, we create value by transforming insights into strategy and strategy into action. As of October 29, 2020, the Company's portfolio of 45 properties includes approximately 3.7 million square feet of commercial space and 6,863 multifamily apartment units. These 45 properties consist of 22 multifamily properties,15 office properties, and 8 retail centers. Our shares trade on the NYSE. With a track record of driving returns and delivering satisfaction, we are a trusted authority in one of the nation's most competitive real estate markets.

What sector is Elme Communities in?

Elme Communities is in the Real Estate sector

What industry is Elme Communities in?

Elme Communities is in the Residential industry

What country is Elme Communities from?

Elme Communities is headquartered in United States

When did Elme Communities go public?

Elme Communities initial public offering (IPO) was on 17 March 1980

What is Elme Communities website?

https://www.elmecommunities.com

Is Elme Communities in the S&P 500?

No, Elme Communities is not included in the S&P 500 index

Is Elme Communities in the NASDAQ 100?

No, Elme Communities is not included in the NASDAQ 100 index

Is Elme Communities in the Dow Jones?

No, Elme Communities is not included in the Dow Jones index

When does Elme Communities report earnings?

The next expected earnings date for Elme Communities is 01 August 2024