ELME Stock Forecast 2025-2026
Distance to ELME Price Targets
ELME Price Momentum
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Latest ELME Stock Price Targets & Analyst Predictions
Based on our analysis of 8 Wall Street analysts, ELME has a neutral consensus with a median price target of $19.00 (ranging from $18.00 to $19.00). Currently trading at $17.36, the median forecast implies a 9.4% upside. This outlook is supported by 1 Buy, 4 Hold, and 0 Sell ratings.
The most optimistic forecast comes from James Feldman at Wells Fargo, projecting a 9.4% upside. Conversely, the most conservative target is provided by Michael Mueller at JP Morgan, suggesting a 3.7% 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
ELME Price Target Range
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 |
|---|---|---|---|---|---|
| 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 | $0.00 |
| 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 | $0.00 |
| 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 | $0.00 | |
| Aug 12, 2022 | Morgan Stanley | Underweight | Downgrade | $0.00 | |
| Aug 11, 2022 | Goldman Sachs | Neutral | Maintains | $0.00 | |
| Aug 11, 2022 | BMO Capital | Outperform | Maintains | $0.00 | |
| Jul 15, 2022 | Morgan Stanley | Overweight | Maintains | $0.00 | |
| Jul 1, 2022 | Wells Fargo | Equal-Weight | Maintains | $0.00 |
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 $1.53B with a P/E ratio of 0.0x. The company generates $241.94M in trailing twelve-month revenue with a -5.4% profit margin.
Revenue growth is +4.1% quarter-over-quarter, while maintaining an operating margin of +10.4% and return on equity of -1.2%.
Valuation Metrics
Growth & Margins
Financial Health
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Elme Communities (ELME) Business Model
About Elme Communities
Operates as a residential real estate investment trust.
Elme Communities makes money by owning, managing, and developing residential properties, primarily targeting middle-market sectors in suburban areas. The company generates reliable rental income and capital appreciation through leasing operations, while also benefiting from pooling funds from multiple investors to diversify its property holdings.
As a REIT, Elme Communities provides liquidity and accessibility to investors looking for residential real estate opportunities without the direct ownership complexities. The company focuses on enhancing tenant experiences through strategic property management and improvements, positioning itself for sustainable growth.
Company Information
Sector
Real Estate
Industry
REIT - Residential
Employees
255
CEO
Mr. Paul T. McDermott
Country
United States
IPO Year
1982
Website
www.elmecommunities.comElme Communities (ELME) Latest News & Analysis
Elme Communities (NYSE: ELME) appointed Ron D. Sturzenegger as an independent trustee, increasing its Board to eight members, seven of whom are independent.
The appointment of Ron D. Sturzenegger enhances Elme Communities' governance structure, potentially improving decision-making and investor confidence in the REIT's management.
Elme Communities (NYSE: ELME) will hold its Q4 2024 earnings conference call on February 14, 2025, at 10:00 AM ET, featuring key company executives and analysts from major firms.
Elme Communities' Q4 earnings call provides insights into financial performance and strategy, influencing stock valuations and investor sentiment in the real estate sector.
The Board of Trustees has begun a review of strategic alternatives aimed at maximizing shareholder value.
The review of strategic alternatives signals potential changes in company direction, which may lead to increased shareholder value, affecting stock price and investor sentiment.
Elme (ELME) Misses Q4 FFO Estimates
1 month agoElme (ELME) reported quarterly FFO of $0.23 per share, below the Zacks Consensus Estimate of $0.24, and down from $0.24 per share year-over-year.
Elme's Q3 FFO missed estimates and declined year-over-year, indicating potential operational challenges, which may lead to negative sentiment and impact stock performance.
Elme Communities (NYSE:ELME) will release Q4 earnings on February 13, 2025, after market close, followed by a conference call on February 14 at 10:00 am ET.
Elme Communities' upcoming earnings release and conference call could indicate financial health and operational performance, impacting stock price and investor sentiment in the multifamily sector.
Elme Communities (NYSE:ELME) announced the final income tax treatment for its 2024 dividends. Shareholders should consult tax advisors regarding specific implications.
Elme Communities' dividend tax treatment affects shareholder returns and tax liabilities, influencing investment decisions and overall portfolio performance.
Frequently Asked Questions About ELME Stock
What is Elme Communities's (ELME) stock forecast for 2025?
Based on our analysis of 8 Wall Street analysts, Elme Communities (ELME) has a median price target of $19.00. The highest price target is $19.00 and the lowest is $18.00.
Is ELME stock a good investment in 2025?
According to current analyst ratings, ELME has 1 Buy ratings, 4 Hold ratings, and 0 Sell ratings. The stock is currently trading at $17.36. 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 $19.00 in the next 12 months. This represents a 9.4% increase from the current price of $17.36. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Elme Communities's business model?
Elme Communities makes money by owning, managing, and developing residential properties, primarily targeting middle-market sectors in suburban areas. The company generates reliable rental income and capital appreciation through leasing operations, while also benefiting from pooling funds from multiple investors to diversify its property holdings.
What is the highest forecasted price for ELME Elme Communities?
The highest price target for ELME is $19.00 from James Feldman at Wells Fargo, which represents a 9.4% increase from the current price of $17.36.
What is the lowest forecasted price for ELME Elme Communities?
The lowest price target for ELME is $18.00 from Michael Mueller at JP Morgan, which represents a 3.7% increase from the current price of $17.36.
What is the overall ELME consensus from analysts for Elme Communities?
The overall analyst consensus for ELME is neutral. Out of 8 Wall Street analysts, 1 rate it as Buy, 4 as Hold, and 0 as Sell, with a median price target of $19.00.
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.
