ELME Stock Summary and Trading Ideas (Elme Communities | NYSE:ELME)

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. Washington REIT 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. Washington REIT's tenants are banking, consulting, law, and financial services firms.

What symbol and exchange does Elme Communities shares trade?

Elme Communities trades on the NYSE stock market under the symbol ELME.

What is Elme Communities stock price doing today?

As of February 2, 2026, ELME stock price declined to $2.19 with 3,361,676 million shares trading.

What is Elme Communities's Beta?

ELME has a beta of 0.38, meaning it tends to be less sensitive to market movements. ELME has a correlation of 0.00 to the broad based SPY ETF.

How much is Elme Communities worth?

ELME has a market cap of $194.69 million. This is considered a Micro Cap stock.

How much money does Elme Communities make?

Last quarter Elme Communities reported $62 million in Revenue and $.22 earnings per share. This fell short of revenue expectation by $-98,500 and exceeded earnings estimates by $.15.

What is the highest and lowest price Elme Communities traded in the last 3 year period?

In the last 3 years, ELME traded as high as $19.82 and as low as $2.10.

What are the top ETFs holding Elme Communities?

The top ETF exchange traded funds that ELME belongs to (by Net Assets): VNQ, VTI, VB, VBR, VXF.

Is Elme Communities (ELME) a good investment?

ELME has underperformed the market in the last year with a price return of +14.2% while the SPY ETF gained +16.1%. ELME has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +2.5% and -28.9%, respectively, while the SPY returned +2.6% and +0.5%, respectively.

What are the support and resistance levels for Elme Communities (ELME)?

ELME support price is $2.13 and resistance is $2.27 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ELME shares will trade within this expected range on the day.