Elme Communities [ELME] stock prices are down -0.95% to $16.68 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ELME shares have lost -0.06% over the last week, with a monthly amount drifted -0.36%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Elme Communities [NYSE: ELME] stock has seen the most recent analyst activity on September 11, 2025, when Truist downgraded its rating to a Hold but kept the price target unchanged to $2 for it. Previously, Truist upgraded its rating to Buy on January 17, 2025. On December 17, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $18 on the stock. Wolfe Research started tracking the stock assigning a Peer Perform rating. JP Morgan upgraded its rating to an Overweight and raised its price target to $18 on December 18, 2023. BTIG Research downgraded its rating to Neutral for this stock on January 11, 2023.
The stock price of Elme Communities [ELME] has been fluctuating between $13.95 and $18.08 over the past year. Currently, Wall Street analysts expect the stock to reach $19 within the next 12 months. Elme Communities [NYSE: ELME] shares were valued at $16.68 at the most recent close of the market. An investor can expect a potential return of 13.91% based on the average ELME price forecast.
Analyzing the ELME fundamentals
The Elme Communities [NYSE:ELME] reported sales of 246.96M for trailing twelve months, representing a surge of 1.72%. Gross Profit Margin for this corporation currently stands at 0.47% with Operating Profit Margin at -0.39%, Pretax Profit Margin comes in at -0.55%, and Net Profit Margin reading is -0.55%. To continue investigating profitability, this company’s Return on Assets is posted at -0.08, Equity is -0.13 and Total Capital is -0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.78.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 16.58 points at the first support level, and at 16.47 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.85, and for the 2nd resistance point, it is at 17.02.
Ratios To Look Out For
It’s worth pointing out that Elme Communities [NYSE:ELME]’s Current Ratio is 1.03. Also, the Quick Ratio is 1.03, while the Cash Ratio stands at 0.01. Considering the valuation of this stock, the price to sales ratio is 5.95, the price to book ratio is 1.62.
