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Elme Communities (ELME)

Real Estate | REIT - Residential | Bethesda, United States | NYSE
2.17 USD +0.03 (1.402%) ⇧ (April 17, 2026, 10:25 a.m. EDT)

Short-term: ★★☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ★★☆☆☆
Hot Take | April 11, 2026, 1:19 p.m. EDT

ELME is a highly volatile stock with a significant short-term decline and a high dividend yield, but the payout ratio is unsustainable, indicating potential financial stress. The recent news highlights liquidation activities and a bearish outlook, which could further depress the stock. While the options market shows some bullish sentiment for higher strikes, the overall market sentiment and financial fundamentals suggest caution. This stock is not suitable for long-term investment due to its weak fundamentals and high risk.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.261022
AutoETS0.265360
AutoARIMA0.265363
AutoTheta0.273986

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 31%
H-stat 2.56
Ljung-Box p 0.000
Jarque-Bera p 0.000
Excess Kurtosis 2.18
Attribute Value
Sector Real Estate
Ex Dividend Date 2026-01-07
Last Dividend Date 2026-01-07
Debt to Equity Ratio 78.053
Revenue per Share 2.811
Market Cap 192,821,600
Forward P/E -19.73
Beta 0.79
Profit Margins -74.71%
Previous Name Washington Real Estate Investment Trust
Website https://www.elmecommunities.com

As of April 11, 2026, 1:19 p.m. EDT: Options speculators are showing mixed signals. For calls, there is significant OTM positioning with high IV, suggesting some optimism about potential upward movement, but the majority of activity is concentrated around strikes much higher than current prices. For puts, there is notable ITM positioning with high IV, indicating concern about downside risk, especially around strikes significantly above the current price. This suggests a bearish sentiment among options traders for the near term.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
529.60% 544.03% 203.24% 132.54%
Dividend History
Date Dividend Yield %
2026-01-08 14.670000 529.602892
2025-09-17 0.180000 7.001236
2025-06-17 0.180000 7.426515
2025-03-19 0.180000 7.017260
2024-12-19 0.180000 8.145517
2024-09-19 0.180000 6.839344
2024-06-20 0.180000 8.214384
2024-03-19 0.180000 9.650650
2023-12-20 0.180000 8.917324
2023-09-19 0.180000 8.703551
2023-06-21 0.180000 8.210153
2023-03-21 0.180000 7.552505
2022-12-21 0.170000 7.080527
2022-09-20 0.170000 6.437831
2022-06-21 0.170000 5.968574
2022-03-22 0.170000 5.206323
2021-12-21 0.170000 5.132211
2021-09-21 0.170000 5.281883
2021-06-22 0.300000 10.291255
2021-03-19 0.300000 10.069877
2020-12-22 0.300000 11.071915
2020-09-18 0.300000 11.900823
2020-06-19 0.300000 11.280930
2020-03-16 0.300000 10.927220
2019-12-20 0.300000 8.601330
2019-09-13 0.300000 9.124980
2019-06-13 0.300000 9.293254
2019-03-14 0.300000 9.375698
2018-12-19 0.300000 10.718539
2018-09-13 0.300000 8.551842
2018-06-14 0.300000 9.192171
2018-03-14 0.300000 10.214679
2017-12-19 0.300000 8.643199
2017-09-14 0.300000 8.414963
2017-06-13 0.300000 8.510724
2017-03-13 0.300000 9.326306
2016-12-19 0.300000 8.781004
2016-09-13 0.300000 9.566952
2016-06-13 0.300000 9.589005
2016-03-11 0.300000 10.670162
2015-12-18 0.300000 10.958359
2015-09-11 0.300000 12.340762
2015-06-11 0.300000 12.178749
2015-03-12 0.300000 11.352328
2014-12-11 0.300000 11.363122
2014-09-11 0.300000 11.493032
2014-06-12 0.300000 12.159936
2014-03-12 0.300000 13.441519
2013-12-12 0.300000 14.338601
2013-09-12 0.300000 13.544807
2013-06-12 0.300000 12.747602
2013-03-13 0.300000 12.148643
2012-12-12 0.300000 12.973904
2012-09-12 0.300000 12.318047
2012-06-13 0.434000 18.485098
2012-03-13 0.434000 17.069883
2011-12-13 0.434000 19.896741
2011-09-13 0.434000 17.822245
2011-06-13 0.434000 17.160295
2011-03-10 0.434000 18.399097
2010-12-13 0.434000 18.453228
2010-09-10 0.433000 18.013156
2010-06-10 0.433000 20.151371
2010-03-11 0.433000 19.457741
2009-12-15 0.433000 21.801538
2009-09-11 0.433000 21.917433
2009-06-11 0.433000 27.502631
2009-03-12 0.433000 33.029349
2008-12-15 0.433000 25.813433
2008-09-12 0.433000 17.442463
2008-06-12 0.433000 20.245339
2008-03-13 0.423000 19.806144
2007-12-12 0.423000 20.697858
2007-09-12 0.423000 20.710562
2007-06-12 0.423000 19.308638
2007-03-12 0.413000 17.243684
2006-12-13 0.413000 16.822832
2006-09-13 0.413000 16.605790
2006-06-13 0.413000 19.788837
2006-03-14 0.403000 19.695118
2005-12-14 0.403000 21.743878
2005-09-14 0.403000 22.454800
2005-06-14 0.403000 22.131958
2005-03-15 0.393000 23.638797
2004-12-14 0.393000 20.834375
2004-09-14 0.393000 24.018198
2004-06-14 0.393000 25.968136
2004-03-15 0.373000 22.169634
2003-12-15 0.373000 23.402444
2003-09-12 0.373000 24.554445
2003-06-12 0.373000 25.859328
2003-03-13 0.353000 27.757205
2002-12-13 0.353000 27.330587
2002-09-12 0.353000 27.015411
2002-06-11 0.353000 25.972401
2002-03-12 0.333000 25.203675
2001-12-12 0.333000 27.955873
2001-09-17 0.333000 29.753741
2001-06-12 0.333000 29.208373
2001-03-13 0.313000 29.552951
2000-12-12 0.313000 31.048216
2000-09-12 0.313000 35.285953
2000-06-13 0.313000 41.511857
2000-03-14 0.293000 45.437766
1999-12-09 0.293000 46.144444
1999-09-13 0.293000 44.980909
1999-06-11 0.292000 41.805415
1999-03-12 0.280000 42.654424
1998-12-14 0.280000 40.288786
1998-09-14 0.280000 44.251007
1998-06-12 0.280000 42.265047
1998-03-13 0.270000 42.965520
1997-12-15 0.270000 44.663810
1997-09-12 0.270000 44.891733
1997-06-12 0.270000 43.961282
1997-03-13 0.260000 41.058579
1996-12-12 0.260000 45.445674
1996-09-12 0.260000 48.779812
1996-06-12 0.260000 49.195281
1996-03-13 0.250000 45.888175
1995-12-13 0.250000 50.031396
1995-09-13 0.250000 50.844914
1995-06-14 0.250000 50.865605
1995-03-13 0.240000 49.221602
1994-12-12 0.230000 49.472182
1994-09-12 0.230000 42.196485
1994-06-10 0.232000 38.088731
1994-03-11 0.232000 39.493887
1993-12-10 0.232000 39.957394
1993-09-13 0.220000 33.668495
1993-06-10 0.220000 36.409352
1993-03-11 0.220000 33.977783
1992-12-10 0.210000 37.927988
1992-09-10 0.210000 43.258636
1992-06-09 0.210000 43.469795
1992-03-04 0.206667 45.108606
1991-12-03 0.206667 50.370046
1991-09-03 0.193333 53.260146
1991-06-03 0.193333 55.010657
1991-03-04 0.193333 59.471013
1990-12-03 0.193333 69.536254
1990-08-31 0.180000 67.949138
1990-06-04 0.180000 61.857379
1990-03-05 0.180000 65.088706
1989-12-01 0.180000 57.746992
1989-09-01 0.166667 52.876781
1989-06-05 0.166667 54.194641
1989-03-06 0.166667 58.151671
1988-11-25 0.111111 39.726521
1988-09-02 0.155556 57.136459
1988-06-06 0.155556 66.312804
1988-03-04 0.155556 62.122565
1987-12-03 0.155556 76.590366
1987-09-01 0.142222 65.074884
1987-06-01 0.142222 62.317320
1987-03-03 0.142222 60.361672
Additional Data
dividendRate 0.72
dividendYield 33.64
exDividendDate 2026-01-08
trailingAnnualDividendRate 0.648
trailingAnnualDividendYield 0.30280373
lastDividendValue 14.67
lastDividendDate 2026-01-08
dividendDate 2026-01-07

Info Dump

Attribute Value
52 Week Change -0.8587459
Address1 7,550 Wisconsin Avenue
Address2 Suite 900
All Time High 43.44
All Time Low 1.98
Ask 2.18
Ask Size 2,700
Audit Risk 3
Average Daily Volume10 Day 1,126,540
Average Daily Volume3 Month 2,758,716
Average Volume 2,758,716
Average Volume10Days 1,126,540
Beta 0.788
Bid 2.17
Bid Size 3,800
Board Risk 3
Book Value 10.31
City Bethesda
Compensation As Of Epoch Date 1,735,603,200
Compensation Risk 2
Country United States
Crypto Tradeable 0
Currency USD
Current Price 2.17
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 2.175
Day Low 2.16
Debt To Equity 78.053
Dividend Date 1,767,744,000
Dividend Rate 0.72
Dividend Yield 33.64
Earnings Call Timestamp End 1,754,488,800
Earnings Call Timestamp Start 1,754,488,800
Earnings Timestamp End 1,777,579,200
Earnings Timestamp Start 1,777,579,200
Ebitda 81,207,600
Ebitda Margins 0.32794
Enterprise To Ebitda 10.996
Enterprise To Revenue 3.606
Enterprise Value 892,985,856
Eps Forward -0.11
Eps Trailing Twelve Months -1.53
Esg Populated 0
Ex Dividend Date 1,767,830,400
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 301 984 9610
Fifty Day Average 2.1188
Fifty Day Average Change 0.05120015
Fifty Day Average Change Percent 0.024164693
Fifty Two Week Change Percent -85.87459
Fifty Two Week High 17.68
Fifty Two Week High Change -15.51
Fifty Two Week High Change Percent -0.8772624
Fifty Two Week Low 1.98
Fifty Two Week Low Change 0.19000006
Fifty Two Week Low Change Percent 0.095959626
Fifty Two Week Range 1.98 - 17.68
Financial Currency USD
First Trade Date Milliseconds 322,151,400,000
Five Year Avg Dividend Yield 5.51
Float Shares 77,389,885
Forward Eps -0.11
Forward P E -19.727274
Full Exchange Name NYSE
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,775,001,600
Gross Margins 0.59248
Gross Profits 146,716,800
Has Pre Post Market Data 1
Held Percent Insiders 0.01585
Held Percent Institutions 0.94757
Implied Shares Outstanding 88,857,883
Industry REIT - Residential
Industry Disp REIT - Residential
Industry Key reit-residential
Ir Website http://ir.writ.com/CorporateProfile.aspx?iid=103036
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,767,830,400
Last Dividend Value 14.67
Last Fiscal Year End 1,761,868,800
Last Split Date 707,356,800
Last Split Factor 3:2
Long Business Summary 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.
Long Name Elme Communities
Market us_market
Market Cap 192,821,600
Market State REGULAR
Max Age 86,400
Message Board Id finmb_313393
Most Recent Quarter 1,759,190,400
Name Change Date 2,026-04-16
Net Income To Common -185,306,400
Next Fiscal Year End 1,793,404,800
Non Diluted Market Cap 190,155,869
Number Of Analyst Opinions 1
Open 2.16
Operating Cashflow 74,691,600
Operating Margins -0.034360003
Overall Risk 2
Payout Ratio 1.9672
Peg Ratio 43.4896
Phone 202 774 3200
Prev Name Washington Real Estate Investment Trust
Previous Close 2.14
Price Hint 4
Price To Book 0.21047527
Price To Sales Trailing12 Months 0.7786619
Profit Margins -0.74705005
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.029999971
Regular Market Change Percent 1.4018677
Regular Market Day High 2.175
Regular Market Day Low 2.16
Regular Market Day Range 2.16 - 2.175
Regular Market Open 2.16
Regular Market Previous Close 2.14
Regular Market Price 2.17
Regular Market Time 1,776,435,914
Regular Market Volume 44,182
Revenue Growth 0.017
Revenue Per Share 2.811
Sand P52 Week Change 0.36506534
Sector Real Estate
Sector Disp Real Estate
Sector Key real-estate
Share Holder Rights Risk 4
Shares Outstanding 88,857,883
Shares Percent Shares Out 0.025999999
Shares Short 2,309,457
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 4,416,208
Short Name Elme Communities
Short Percent Of Float 0.026400002
Short Ratio 1.57
Source Interval 15
State MD
Symbol ELME
Target High Price 18.0
Target Low Price 18.0
Target Mean Price 18.0
Target Median Price 18.0
Total Cash 7,088,000
Total Cash Per Share 0.08
Total Debt 709,644,032
Total Revenue 247,632,000
Tradeable 0
Trailing Annual Dividend Rate 0.648
Trailing Annual Dividend Yield 0.30280373
Trailing Eps -1.53
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 11.83715
Two Hundred Day Average Change -9.66715
Two Hundred Day Average Change Percent -0.8166788
Type Disp Equity
Volume 44,182
Website https://www.elmecommunities.com
Zip 20,814