Elme Communities (ELME) Projected to Post Quarterly Earnings on Thursday

Elme Communities (NYSE:ELME) is expected to issue its Q3 2025 results after the market closes on Thursday, October 23rd. Analysts expect the company to announce earnings of $0.24 per share and revenue of $62.1650 million for the quarter. Parties can find conference call details on the company’s upcoming Q3 2025 earningreport page for the latest details on the call scheduled for Tuesday, November 4, 2025 at 10:00 AM ET.

Elme Communities (NYSE:ELME) last announced its quarterly earnings data on Tuesday, August 5th. The company reported $0.24 EPS for the quarter, beating the consensus estimate of $0.23 by $0.01. The firm had revenue of $62.10 million for the quarter, compared to analyst estimates of $61.63 million. Elme Communities had a negative return on equity of 1.33% and a negative net margin of 5.78%.The company’s revenue was up 3.3% on a year-over-year basis. During the same period in the prior year, the company earned $0.23 EPS. On average, analysts expect Elme Communities to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Elme Communities Price Performance

Shares of Elme Communities stock opened at $16.83 on Tuesday. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 0.67. The firm has a market capitalization of $1.48 billion, a PE ratio of -112.16 and a beta of 1.01. The business’s 50-day moving average price is $16.87 and its 200-day moving average price is $16.23. Elme Communities has a 12 month low of $13.95 and a 12 month high of $18.08.

Elme Communities Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 3rd. Stockholders of record on Wednesday, September 17th were given a dividend of $0.18 per share. The ex-dividend date was Wednesday, September 17th. This represents a $0.72 annualized dividend and a dividend yield of 4.3%. Elme Communities’s dividend payout ratio is -480.00%.

Institutional Investors Weigh In On Elme Communities

Several institutional investors have recently bought and sold shares of ELME. State Street Corp lifted its holdings in Elme Communities by 0.5% in the 2nd quarter. State Street Corp now owns 5,212,791 shares of the company’s stock worth $83,804,000 after buying an additional 27,877 shares during the period. Balyasny Asset Management L.P. lifted its holdings in Elme Communities by 167.7% in the 2nd quarter. Balyasny Asset Management L.P. now owns 786,349 shares of the company’s stock worth $12,503,000 after buying an additional 492,558 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Elme Communities by 6.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 638,149 shares of the company’s stock worth $11,104,000 after buying an additional 40,722 shares during the period. Bank of America Corp DE lifted its holdings in Elme Communities by 6.0% in the 2nd quarter. Bank of America Corp DE now owns 628,261 shares of the company’s stock worth $9,989,000 after buying an additional 35,377 shares during the period. Finally, Ameriprise Financial Inc. lifted its holdings in Elme Communities by 4.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 357,267 shares of the company’s stock worth $5,683,000 after buying an additional 13,944 shares during the period. 87.88% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

ELME has been the topic of several recent research reports. Wall Street Zen lowered Elme Communities from a “hold” rating to a “sell” rating in a research report on Friday, September 26th. Weiss Ratings restated a “hold (c)” rating on shares of Elme Communities in a report on Wednesday, October 8th. Finally, Truist Financial restated a “hold” rating on shares of Elme Communities in a report on Thursday, September 11th. Four equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $18.50.

About Elme Communities

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.