Elme Communities (ELME)
About Elme Communities
Elme Communities is a real estate investment trust engaged in owning and operating properties in the greater Washington DC metropolitan area. The company's real estate portfolio is comprised of office, retail, and multifamily properties located near transportation nodes. It derives nearly all of its income in the form of rental revenue from tenants organized into long-term leases. The company's office assets contribute the majority of this income, while the rest is split fairly evenly between its retail and multifamily locations. Elme Communities' tenants are banking, consulting, law, and financial services firms. The company operates in a single reportable segment which includes the ownership, development, redevelopment and acquisition of apartment communities.
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Financial summary
- Revenue FY2024
- $241.9M
- Net income
- -$13.1M
- Total assets
- $2.1B
- Market cap
- $132.4M
Source: SEC EDGAR · updated Jun 7, 2026
15-minute delayed · data by Polygon.io
Past year · hover for prices
52-week range
- Market cap
- $132.4M
- Dividend yield
- 3315.25%
- Shares outstanding
- 74.8M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Jun 1, 1972
Elme Communities (ELME) Stock Price
- Reported a net loss of $13.1M in FY2024.
- Trading 90% below its 52-week high.
- Pays a dividend yielding about 3315.25% annually.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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Elme Communities: frequently asked questions
Is Elme Communities an American company?
Elme Communities is a US-based company headquartered in Bethesda, Maryland, listed in the americancompanies.com directory of American companies. Its American-origin credentials have not yet been independently verified.
Where is Elme Communities headquartered?
Elme Communities is headquartered in Bethesda, Maryland, United States.
Is Elme Communities publicly traded?
Yes — Elme Communities is a publicly traded company. Its stock trades under the ticker symbol ELME on the NYSE.
What does Elme Communities do?
Elme Communities is an American Financial Services company in the Business & Financial Services sector.
