Elme Communities (ELME)
Real Estate · NYQ
Price as at 30 Sept 2026, 17:45 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
Elme Communities trades at $1.75, which is 105% below the $3.59 our fair value estimate puts on the business. On that measure alone it screens as undervalued, though a valuation model is an argument rather than a measurement, and the market is frequently right about why something is cheap.
Our moat model scores it 34 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
ELME dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | $14.67 | 1 |
| 2025 | $0.540 | 3 |
| 2024 | $0.720 | 4 |
| 2023 | $0.720 | 4 |
| 2022 | $0.680 | 4 |
| 2021 | $0.940 | 4 |
| 2020 | $1.20 | 4 |
| 2019 | $1.20 | 4 |
| 2018 | $1.20 | 4 |
| 2017 | $1.20 | 4 |
| 2016 | $1.20 | 4 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
ELME earnings and analyst estimates
Recommendation mix, 1 published rating
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
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. Elme Communities was incorporated in 1960 in Maryland.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
ELME passes 2 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
6 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Israel Englander, MILLENNIUM MANAGEMENT LLC$3.25M · 0.0% of book
- Two Sigma, TWO SIGMA INVESTMENTS, LP$3.04M · 0.0% of book
- Ken Griffin, CITADEL ADVISORS LLC$1.43M · 0.0% of book
- Paul Tudor Jones, TUDOR INVESTMENT CORP ET AL$1.22M · 0.0% of book
- Steve Cohen, Point72 Asset Management, L.P.$368.6K · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
ELME peers
The largest companies in the same industry (REIT - Residential), then in the same sector.
- AVB AvalonBay Communities, Inc.
- EQR Equity Residential
- UDR UDR, Inc.
- ELS Equity LifeStyle Properties, Inc.
- JAN Janus Living, Inc.
- IRT Independence Realty Trust, Inc.
- CAR-UN.TO Canadian Apartment Properties Real Estate Investment Trust
- NXRT NexPoint Residential Trust, Inc.
Every real estate company we cover is on the Real Estate hub.
Common questions
Is Elme Communities (ELME) undervalued?
Against our fair value estimate of $3.59, ELME at $1.75 is 105% below fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own ELME?
6 of the institutions we track reported a position in ELME in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
Does Elme Communities (ELME) pay a dividend?
Yes. Elme Communities yields 45.00% at the current share price. It has paid $14.67 per share over the trailing twelve months. It has paid a dividend in each of the last 39 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
Where does SteadyShares get its ELME data?
Fundamentals for ELME come from company filings and exchange data, as listed on NYQ; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 30 Sept 2026, 17:45 UTC and is delayed. Our data quality score for this company is 71/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for ELME, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.