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ELME Stock Forecast: Elme Communities Price Predictions for 2026

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$2.15

+0.01 (0.47%)

ELME Stock Forecast 2026-2027

$2.15
Current Price
$191.04M
Market Cap
2 Ratings
Buy 0
Hold 2
Sell 0
Wall St Analyst Ratings

Distance to ELME Price Targets

+737.2%
To High Target of $18.00
+737.2%
To Median Target of $18.00
+737.2%
To Low Target of $18.00

ELME Price Momentum

+0.9%
1 Week Change
+6.4%
1 Month Change
-86.0%
1 Year Change
-87.6%
Year-to-Date Change
-87.8%
From 52W High of $17.68
+8.6%
From 52W Low of $1.98
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Latest ELME Stock Price Targets & Analyst Predictions

Based on our analysis of 9 Wall Street analysts, ELME has a neutral consensus with a median price target of $18.00 (ranging from $18.00 to $18.00). The overall analyst rating is Buy (6.0/10). Currently trading at $2.15, the median forecast implies a 737.2% upside. This outlook is supported by 0 Buy, 2 Hold, and 0 Sell ratings.

The most optimistic forecast comes from Anthony Paolone at JP Morgan, projecting a 737.2% upside. Conversely, the most conservative target is provided by Anthony Paolone at JP Morgan, suggesting a 737.2% upside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

ELME Analyst Ratings

0
Buy
2
Hold
0
Sell

ELME Price Target Range

Low
$18.00
Average
$18.00
High
$18.00
Current: $2.15

Latest ELME Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for ELME.

Date Firm Analyst Rating Change Price Target
Oct 21, 2025 JP Morgan Anthony Paolone Neutral Maintains $18.00
Sep 11, 2025 Truist Securities Michael Lewis Hold Downgrade $2.00
Aug 5, 2025 Wells Fargo Cooper Clark Equal-Weight Maintains $18.00
Feb 20, 2025 Wells Fargo James Feldman Equal-Weight Maintains $19.00
Dec 17, 2024 JP Morgan Michael Mueller Neutral Downgrade $18.00
Oct 21, 2024 Wolfe Research Cole Bardawill Peer Perform Initiates $N/A
Sep 16, 2024 JP Morgan Anthony Paolone Overweight Maintains $19.00
Sep 13, 2024 Wells Fargo Blaine Heck Equal-Weight Maintains $17.00
May 15, 2024 Truist Securities Michael Lewis Hold Maintains $16.00
Dec 18, 2023 JP Morgan Michael Mueller Overweight Upgrade $18.00
Nov 9, 2023 Wells Fargo Blaine Heck Equal-Weight Maintains $14.00
Sep 12, 2023 Wells Fargo Blaine Heck Equal-Weight Maintains $15.00
Jun 28, 2023 Truist Securities Michael Lewis Hold Maintains $18.00
Feb 21, 2023 Truist Securities Michael Lewis Hold Maintains $19.00
Jan 11, 2023 BTIG Michael Gorman Neutral Downgrade $N/A
Nov 29, 2022 Truist Securities Michael Lewis Hold Maintains $19.00
Nov 22, 2022 Wells Fargo Blaine Heck Equal-Weight Maintains $19.00
Oct 18, 2022 Wells Fargo Equal-Weight Maintains $N/A
Aug 12, 2022 Morgan Stanley Underweight Downgrade $N/A
Aug 11, 2022 Goldman Sachs Neutral Maintains $N/A

Elme Communities (ELME) Competitors

The following stocks are similar to Elme based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Elme Communities (ELME) Financial Data

Elme Communities has a market capitalization of $191.04M with a P/E ratio of -14.4x. The company generates $247.63M in trailing twelve-month revenue with a -74.7% profit margin.

Revenue growth is +1.7% quarter-over-quarter, while maintaining an operating margin of -3.4% and return on equity of -5.6%.

Valuation Metrics

Market Cap $191.04M
Enterprise Value $892.99M
P/E Ratio -14.4x
PEG Ratio 0.0x
Price/Sales 0.8x

Growth & Margins

Revenue Growth (YoY) +1.7%
Gross Margin +57.5%
Operating Margin -3.4%
Net Margin -74.7%
EPS Growth N/A

Financial Health

Cash/Price Ratio +3.7%
Current Ratio 1.0x
Debt/Equity 78.1x
ROE -5.6%
ROA -0.6%
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Elme Communities logo

Elme Communities (ELME) Business Model

About Elme Communities

What They Do

Operates as a real estate investment trust (REIT).

Business Model

The company owns, manages, and develops residential communities, primarily targeting middle-market sectors in suburban areas. It generates revenue through leasing and rental operations, providing reliable income and capital appreciation for investors.

Additional Information

Elme Communities enhances property value through strategic improvements and efficient management, offering a liquid investment option in residential real estate, while contributing to the overall market by pooling investor funds for diversified holdings.

Company Information

Sector

Real Estate

Industry

REIT - Residential

Employees

255

CEO

Mr. Paul T. McDermott

Country

United States

IPO Year

1982

Elme Communities (ELME) Latest News & Analysis

Latest News

ELME stock latest news image
Quick Summary

Elme Communities (ELME) is nearing liquidation with shares trading below estimated NAV. Current payouts total $14.67, with an expected $2.35โ€“$2.80 more by July 2026.

Why It Matters

Elme Communities (ELME) offers an arbitrage opportunity with shares trading below NAV. Potential additional payouts enhance value, and management's incentives align with maximizing shareholder returns.

Source: Seeking Alpha
Market Sentiment: Positive
ELME stock latest news image
Quick Summary

Public REITs, like Centerspace (CSR) and Whitestone (WSR), trade at significant NAV discounts, attracting M&A interest. CSR trades at a 30% discount, while WSR is at 15%, both considering strategic sales.

Why It Matters

Persistent NAV discounts for public REITs signal potential for mergers, acquisitions, and shareholder activism, indicating possible value realization and strategic shifts in 2026.

Source: Seeking Alpha
Market Sentiment: Neutral
ELME stock latest news image
Quick Summary

In February, the REIT sector rose 3.70%, led by large cap REITs at +5.80%. Mid caps and small caps also performed well, while micro caps fell 6.12%. 71.71% of REITs had positive returns.

Why It Matters

Strong February performance in the REIT sector, particularly large caps, indicates growing investor confidence and potential for continued returns, signaling opportunities for portfolio adjustments.

Source: Seeking Alpha
Market Sentiment: Positive
ELME stock latest news image
Quick Summary

In January 2026, the REIT sector rebounded with an overall gain of 1.09%. Small-cap REITs led at +3.27%, while 63.46% of REITs posted positive returns.

Why It Matters

The REIT sector's January rebound signals renewed investor confidence, particularly in small and mid-cap companies, potentially driving future investment and market strategies.

Source: Seeking Alpha
Market Sentiment: Positive
ELME stock latest news image
Quick Summary

Oversold stocks in the real estate sector may offer investment opportunities in undervalued companies.

Why It Matters

Oversold real estate stocks indicate potential buying opportunities, suggesting undervalued companies may rebound, offering investors a chance for profit as market conditions improve.

Source: Benzinga
Market Sentiment: Positive
ELME stock latest news image
Quick Summary

TTM Technologies will replace Civitas Resources in the S&P MidCap 400, while Amneal Pharmaceuticals will take TTM's spot in the S&P SmallCap 600, effective January 30, 2026.

Why It Matters

Changes in index constituents can affect stock prices and investor sentiment. TTM Technologies moving to the MidCap 400 may attract more institutional investment, impacting its valuation.

Source: PRNewsWire
Market Sentiment: Neutral

Frequently Asked Questions About ELME Stock

What is Elme Communities's (ELME) stock forecast for 2026?

Based on our analysis of 9 Wall Street analysts, Elme Communities (ELME) has a median price target of $18.00. The highest price target is $18.00 and the lowest is $18.00.

Is ELME stock a good investment in 2026?

According to current analyst ratings, ELME has 0 Buy ratings, 2 Hold ratings, and 0 Sell ratings. The stock is currently trading at $2.15. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for ELME stock?

Wall Street analysts predict ELME stock could reach $18.00 in the next 12 months. This represents a 737.2% increase from the current price of $2.15. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Elme Communities's business model?

The company owns, manages, and develops residential communities, primarily targeting middle-market sectors in suburban areas. It generates revenue through leasing and rental operations, providing reliable income and capital appreciation for investors.

What is the highest forecasted price for ELME Elme Communities?

The highest price target for ELME is $18.00 from Anthony Paolone at JP Morgan, which represents a 737.2% increase from the current price of $2.15.

What is the lowest forecasted price for ELME Elme Communities?

The lowest price target for ELME is $18.00 from Anthony Paolone at JP Morgan, which represents a 737.2% increase from the current price of $2.15.

What is the overall ELME consensus from analysts for Elme Communities?

The overall analyst consensus for ELME is neutral. Out of 9 Wall Street analysts, 0 rate it as Buy, 2 as Hold, and 0 as Sell, with a median price target of $18.00.

How accurate are ELME stock price projections?

Stock price projections, including those for Elme Communities, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.

Important Disclaimer

The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Last updated: April 20, 2026 2:44 AM UTC
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