Elme Communities’s stock (ELME) continues to rise above its goal

Abby Carey

A share price of Elme Communities [ELME] is currently trading at $3.08, saw in change for the day. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ELME shares have gain 7.32% over the last week, with a monthly amount glided 15.26%, and 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 a 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.

Elme Communities experienced fluctuations in its stock price throughout the past year between $2.14 and $3.11. Currently, Wall Street analysts expect the stock to reach $19 within the next 12 months. Elme Communities [NYSE: ELME] shares were valued at $3.08 at the most recent close of the market. An investor can expect a potential return of 516.88% based on the average ELME price forecast.

Analyzing the ELME fundamentals

Trailing Twelve Months sales for Elme Communities [NYSE:ELME] were 246.96M which represents 1.72% growth. Gross Profit Margin for this corporation currently stands at 0.4% 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.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Elme Communities [NYSE:ELME] is 1.03. As well, the Quick Ratio is 1.03, while the Cash Ratio is 0.01. Considering the valuation of this stock, the price to sales ratio is 1.10, the price to book ratio is 0.30.

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