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Home โบ Stocks โบ Elme Communities (ELME) Stock Forecast & Price Prediction United States | NYSE | Real Estate | REIT - Residential
$2.15
+0.01 (0.47%)Did ELME Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Elme is one of their latest high-conviction picks.
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.
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 |
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 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%.
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Operates as a real estate investment trust (REIT).
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.
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.
Real Estate
REIT - Residential
255
Mr. Paul T. McDermott
United States
1982
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.
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.
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.
Persistent NAV discounts for public REITs signal potential for mergers, acquisitions, and shareholder activism, indicating possible value realization and strategic shifts in 2026.
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.
Strong February performance in the REIT sector, particularly large caps, indicates growing investor confidence and potential for continued returns, signaling opportunities for portfolio adjustments.
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.
The REIT sector's January rebound signals renewed investor confidence, particularly in small and mid-cap companies, potentially driving future investment and market strategies.
Oversold stocks in the real estate sector may offer investment opportunities in undervalued companies.
Oversold real estate stocks indicate potential buying opportunities, suggesting undervalued companies may rebound, offering investors a chance for profit as market conditions improve.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.