Elme Communities (ELME) concluded trading on Thursday at a closing price of $16.16, with 0.43 million shares of worth about $6.95 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 8.38% during that period and on July 03, 2025 the price saw a gain of about 0.69%. Currently the company’s common shares owned by public are about 88.16M shares, out of which, 86.64M shares are available for trading.
Stock saw a price change of 0.81% in past 5 days and over the past one month there was a price change of 1.38%. Year-to-date (YTD), ELME shares are showing a performance of 4.52% which increased to 5.83% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $13.95 but also hit the highest price of $18.33 during that period. The average intraday trading volume for Elme Communities shares is 632.00K. The stock is currently trading 0.20% above its 20-day simple moving average (SMA20), while that difference is up 1.11% for SMA50 and it goes to -0.75% lower than SMA200.
Elme Communities (NYSE: ELME) currently have 88.16M outstanding shares and institutions hold larger chunk of about 90.69% of that.
The stock has a current market capitalization of $1.42B and its 3Y-monthly beta is at 1.00. It has posted earnings per share of -$0.16 in the same period. It has Quick Ratio of 0.95 while making debt-to-equity ratio of 0.66. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ELME, volatility over the week remained 2.02% while standing at 1.85% over the month.
Stock’s fiscal year EPS is expected to rise by 9.58% while it is estimated to increase by 48.04% in next year.
Coverage by JP Morgan stated Elme Communities (ELME) stock as a Neutral in their note to investors on December 17, 2024, suggesting a price target of $18 for the stock. On October 21, 2024, Wolfe Research Initiated their recommendations, while on December 18, 2023, JP Morgan Upgrade their ratings for the stock with a price target of $18. Stock get a Neutral rating from BTIG Research on January 11, 2023.
