Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Elme Communities ( (ELME) ) just unveiled an announcement.
Elme Communities reported its third-quarter 2025 financial results, revealing a net loss per diluted share of $1.40, compared to a $0.03 loss in the same period last year. The company is undergoing significant changes, including a pending sale of 19 multifamily communities for approximately $1.6 billion and a plan for sale and liquidation of its remaining assets, subject to shareholder approval on October 30, 2025. Operationally, the company experienced a 1.8% decrease in same-store multifamily NOI and a slight drop in average occupancy. Elme’s available liquidity stood at $321 million, and it recognized a $111.7 million impairment charge for certain properties. The company paid a quarterly dividend of $0.18 per share but does not plan future dividends if the liquidation plan is approved.
The most recent analyst rating on (ELME) stock is a Hold with a $18.00 price target. To see the full list of analyst forecasts on Elme Communities stock, see the ELME Stock Forecast page.
Spark’s Take on ELME Stock
According to Spark, TipRanks’ AI Analyst, ELME is a Neutral.
Elme Communities’ overall score reflects a mixed outlook. The most significant factor is the financial performance, which shows growth but also profitability challenges. Technical analysis indicates bullish momentum, while valuation concerns due to negative earnings weigh on the score. The strategic asset sales and special distributions provide a positive outlook, but market challenges and a lengthy disposal process add uncertainty.
To see Spark’s full report on ELME stock, click here.
More about Elme Communities
Elme Communities is a multifamily real estate investment trust (REIT) focused on elevating the living experience for middle-income renters. It owns and operates approximately 9,400 apartment homes in the Washington, DC and Atlanta metro regions, along with about 300,000 square feet of commercial space.
Average Trading Volume: 1,088,237
Technical Sentiment Signal: Buy
Current Market Cap: $1.48B
Find detailed analytics on ELME stock on TipRanks’ Stock Analysis page.