Elme Communities (ELME) Stock Forecast, Price Target & Predictions
ELME Stock Forecast
Elme Communities stock forecast is as follows: an average price target of $19.00 (represents a 13.77% upside from ELME’s last price of $16.70) and a rating consensus of 'Hold', based on 3 wall street analysts offering a 1-year stock forecast.
ELME Price Target
ELME Analyst Ratings
Elme Communities Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Nov 29, 2022 | - | Truist Financial | $19.00 | $19.15 | -0.78% | 13.77% |
Elme Communities Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | - |
Avg Price Target | - | - | - |
Last Closing Price | $16.70 | $16.70 | $16.70 |
Upside/Downside | -100.00% | -100.00% | -100.00% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Sep 13, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
Jan 11, 2023 | BTIG | - | Neutral | Downgrade |
Apr 26, 2022 | Zacks Investment Research | - | Hold | Upgrade |
Elme Communities Financial Forecast
Elme Communities Revenue Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $56.60M | $55.81M | $55.59M | $54.60M | $51.38M | $47.80M | $44.75M | $42.50M | $41.30M | $69.63M | $71.23M | $73.23M | $72.87M | $76.79M | $80.67M | $80.26M |
Avg Forecast | $67.27M | $66.03M | $65.88M | $64.70M | $62.60M | $62.45M | $61.23M | $60.63M | $60.29M | $60.31M | $60.22M | $58.90M | $58.61M | $57.17M | $56.71M | $56.71M | $55.87M | $53.97M | $51.27M | $47.70M | $45.73M | $44.44M | $70.40M | $69.11M | $71.18M | $71.46M | $73.44M | $77.58M | $78.28M | $78.81M |
High Forecast | $67.27M | $66.03M | $65.88M | $64.70M | $62.60M | $62.45M | $61.23M | $60.63M | $60.29M | $60.35M | $60.22M | $59.43M | $59.06M | $57.68M | $56.71M | $56.71M | $55.87M | $53.97M | $51.27M | $47.70M | $45.73M | $44.44M | $70.40M | $69.11M | $71.18M | $71.46M | $73.44M | $77.58M | $78.28M | $78.81M |
Low Forecast | $67.27M | $66.03M | $65.88M | $64.70M | $62.60M | $62.45M | $61.23M | $60.63M | $60.29M | $60.26M | $60.22M | $58.36M | $58.15M | $56.86M | $56.71M | $56.71M | $55.87M | $53.97M | $51.27M | $47.70M | $45.73M | $44.44M | $70.40M | $69.11M | $71.18M | $71.46M | $73.44M | $77.58M | $78.28M | $78.81M |
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 0.98% | 1.00% | 1.01% | 1.00% | 1.00% | 0.98% | 0.96% | 0.59% | 1.01% | 1.00% | 1.02% | 0.99% | 0.99% | 1.03% | 1.02% |
Elme Communities EBITDA Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $-14.30M | $25.60M | $24.78M | $24.87M | $24.39M | $21.32M | $20.13M | $18.99M | $57.68M | $30.72M | $38.62M | $28.20M | $38.23M | $32.94M | $42.28M | $104.80M | $384.37M |
Avg Forecast | $32.41M | $31.82M | $31.74M | $31.18M | $30.16M | $30.09M | $29.50M | $29.21M | $29.05M | $29.06M | $29.02M | $28.38M | $28.24M | $27.55M | $27.32M | $27.33M | $26.92M | $26.00M | $24.70M | $22.99M | $22.03M | $21.41M | $33.92M | $33.30M | $34.30M | $34.43M | $35.39M | $37.38M | $37.72M | $37.97M |
High Forecast | $32.41M | $31.82M | $31.74M | $31.18M | $30.16M | $30.09M | $29.50M | $29.21M | $29.05M | $29.08M | $29.02M | $28.64M | $28.46M | $27.79M | $27.32M | $27.33M | $26.92M | $26.00M | $24.70M | $22.99M | $22.03M | $21.41M | $33.92M | $33.30M | $34.30M | $34.43M | $35.39M | $37.38M | $37.72M | $37.97M |
Low Forecast | $32.41M | $31.82M | $31.74M | $31.18M | $30.16M | $30.09M | $29.50M | $29.21M | $29.05M | $29.03M | $29.02M | $28.12M | $28.02M | $27.40M | $27.32M | $27.33M | $26.92M | $26.00M | $24.70M | $22.99M | $22.03M | $21.41M | $33.92M | $33.30M | $34.30M | $34.43M | $35.39M | $37.38M | $37.72M | $37.97M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.52% | 0.94% | 0.91% | 0.92% | 0.94% | 0.86% | 0.88% | 0.86% | 2.69% | 0.91% | 1.16% | 0.82% | 1.11% | 0.93% | 1.13% | 2.78% | 10.12% |
Elme Communities Net Income Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $-43.62M | $-2.61M | $-3.70M | $-9.82M | $-22.17M | $-15.03M | $-13.37M | $-12.47M | $31.32M | $-6.99M | $-1.15M | $-11.04M | $-956.00K | $-5.41M | $1.72M | $54.20M | $332.77M |
Avg Forecast | - | - | - | - | - | - | - | - | $-2.35M | $-2.84M | $-2.40M | $-2.67M | $1.64M | $1.82M | $577.04K | $927.45K | $171.77M | $111.79M | $101.50M | $125.58M | $-6.79M | $-5.52M | $-2.71M | $-4.73M | $-3.14M | $-1.48M | $86.06K | $-8.03M | $-5.51M | $4.05M |
High Forecast | - | - | - | - | - | - | - | - | $-2.35M | $-2.84M | $-2.40M | $-2.67M | $1.64M | $1.82M | $577.04K | $927.45K | $171.77M | $111.79M | $101.50M | $125.58M | $-6.79M | $-5.52M | $-2.71M | $-4.73M | $-3.14M | $-1.48M | $86.06K | $-8.03M | $-5.51M | $4.05M |
Low Forecast | - | - | - | - | - | - | - | - | $-2.35M | $-2.84M | $-2.40M | $-2.67M | $1.57M | $1.82M | $577.04K | $927.45K | $171.77M | $111.79M | $101.50M | $125.58M | $-6.79M | $-5.52M | $-2.71M | $-4.73M | $-3.14M | $-1.48M | $86.06K | $-8.03M | $-5.51M | $4.05M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -23.94% | -4.52% | -3.99% | -0.06% | -0.20% | -0.15% | -0.11% | 1.84% | -5.67% | 2.58% | 0.24% | 3.52% | 0.65% | -62.81% | -0.21% | -9.83% | 82.10% |
Elme Communities SG&A Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $6.37M | $6.68M | $6.84M | $10.30M | $8.80M | $9.68M | $9.16M | $9.54M | $8.93M | $10.11M | $5.60M | $5.99M | $6.33M | $5.30M | $6.34M | $6.26M | $6.46M |
Avg Forecast | $8.91M | $8.75M | $8.73M | $8.57M | $8.30M | $8.28M | $8.11M | $8.03M | $7.99M | $7.99M | $7.98M | $7.80M | $7.77M | $7.58M | $7.51M | $7.52M | $7.40M | $7.15M | $6.79M | $6.32M | $6.06M | $5.89M | $9.33M | $9.16M | $9.43M | $9.47M | $9.73M | $10.28M | $10.37M | $10.44M |
High Forecast | $8.91M | $8.75M | $8.73M | $8.57M | $8.30M | $8.28M | $8.11M | $8.03M | $7.99M | $8.00M | $7.98M | $7.88M | $7.83M | $7.64M | $7.51M | $7.52M | $7.40M | $7.15M | $6.79M | $6.32M | $6.06M | $5.89M | $9.33M | $9.16M | $9.43M | $9.47M | $9.73M | $10.28M | $10.37M | $10.44M |
Low Forecast | $8.91M | $8.75M | $8.73M | $8.57M | $8.30M | $8.28M | $8.11M | $8.03M | $7.99M | $7.98M | $7.98M | $7.73M | $7.71M | $7.53M | $7.51M | $7.52M | $7.40M | $7.15M | $6.79M | $6.32M | $6.06M | $5.89M | $9.33M | $9.16M | $9.43M | $9.47M | $9.73M | $10.28M | $10.37M | $10.44M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.84% | 0.89% | 0.91% | 1.39% | 1.23% | 1.42% | 1.45% | 1.57% | 1.52% | 1.08% | 0.61% | 0.63% | 0.67% | 0.54% | 0.62% | 0.60% | 0.62% |
Elme Communities EPS Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.50 | $-0.03 | $-0.04 | $-0.11 | $-0.25 | $-0.17 | $-0.15 | $-0.15 | $0.37 | $-0.08 | $-0.02 | $-0.13 | $-0.01 | $-0.07 | $0.02 | $0.66 | $4.14 |
Avg Forecast | - | - | - | - | - | - | - | - | $-0.03 | $-0.03 | $-0.03 | $-0.03 | $0.02 | $0.02 | $0.01 | $0.01 | $1.95 | $1.27 | $1.15 | $1.43 | $-0.08 | $-0.06 | $-0.03 | $-0.05 | $-0.04 | $-0.02 | - | $-0.09 | $-0.06 | $0.05 |
High Forecast | - | - | - | - | - | - | - | - | $-0.03 | $-0.03 | $-0.03 | $-0.03 | $0.02 | $0.02 | $0.01 | $0.01 | $1.95 | $1.27 | $1.15 | $1.43 | $-0.08 | $-0.06 | $-0.03 | $-0.05 | $-0.04 | $-0.02 | - | $-0.09 | $-0.06 | $0.05 |
Low Forecast | - | - | - | - | - | - | - | - | $-0.03 | $-0.03 | $-0.03 | $-0.03 | $0.02 | $0.02 | $0.01 | $0.01 | $1.95 | $1.27 | $1.15 | $1.43 | $-0.08 | $-0.06 | $-0.03 | $-0.05 | $-0.04 | $-0.02 | - | $-0.09 | $-0.06 | $0.05 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -24.13% | -4.54% | -4.00% | -0.06% | -0.20% | -0.15% | -0.11% | 1.94% | -5.89% | 2.59% | 0.37% | 3.64% | 0.59% | -71.50% | -0.22% | -10.53% | 89.80% |
Elme Communities Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
SUI | Sun Communities | $130.28 | $194.00 | 48.91% | Buy |
BRT | BRT Apartments | $16.28 | $21.00 | 28.99% | Buy |
AMH | American Homes 4 Rent | $35.20 | $41.82 | 18.81% | Buy |
ELME | Elme Communities | $16.70 | $19.00 | 13.77% | Hold |
UMH | UMH Properties | $18.40 | $20.50 | 11.41% | Buy |
UDR | UDR | $42.07 | $46.21 | 9.84% | Buy |
NXRT | NexPoint Residential Trust | $41.19 | $44.67 | 8.45% | Buy |
CSR | Centerspace | $68.51 | $72.75 | 6.19% | Hold |
ELS | Equity LifeStyle Properties | $69.42 | $73.29 | 5.57% | Buy |
VRE | Veris Residential | $16.48 | $14.00 | -15.05% | Buy |
ELME Forecast FAQ
Is Elme Communities a good buy?
No, according to 3 Wall Street analysts, Elme Communities (ELME) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of ELME's total ratings.
What is ELME's price target?
Elme Communities (ELME) average price target is $19 with a range of $19 to $19, implying a 13.77% from its last price of $16.7. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Elme Communities stock go up soon?
According to Wall Street analysts' prediction for ELME stock, the company can go up by 13.77% (from the last price of $16.7 to the average price target of $19), up by 13.77% based on the highest stock price target, and up by 13.77% based on the lowest stock price target.
Can Elme Communities stock reach $30?
ELME's average twelve months analyst stock price target of $19 does not support the claim that Elme Communities can reach $30 in the near future.
What are Elme Communities's analysts' financial forecasts?
Elme Communities's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $246.91M (high $246.91M, low $246.91M), average EBITDA is $118.97M (high $118.97M, low $118.97M), average net income is $0 (high $0, low $0), average SG&A $32.72M (high $32.72M, low $32.72M), and average EPS is $0 (high $0, low $0). ELME's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $263.88M (high $263.88M, low $263.88M), average EBITDA is $127.15M (high $127.15M, low $127.15M), average net income is $0 (high $0, low $0), average SG&A $34.97M (high $34.97M, low $34.97M), and average EPS is $0 (high $0, low $0).
Did the ELME's actual financial results beat the analysts' financial forecasts?
Based on Elme Communities's last annual report (Dec 2022), the company's revenue was $209.38M, beating the average analysts forecast of $208.81M by 0.27%. Apple's EBITDA was $90.71M, missing the average prediction of $100.61M by -9.84%. The company's net income was $-60.725M, missing the average estimation of $510.65M by -111.89%. Apple's SG&A was $37.94M, beating the average forecast of $27.67M by 37.13%. Lastly, the company's EPS was $-0.69, missing the average prediction of $5.81 by -111.88%. In terms of the last quarterly report (Jun 2023), Elme Communities's revenue was $56.6M, missing the average analysts' forecast of $56.71M by -0.19%. The company's EBITDA was $25.6M, missing the average prediction of $27.32M by -6.32%. Elme Communities's net income was $-2.611M, missing the average estimation of $577.04K by -552.48%. The company's SG&A was $6.68M, missing the average forecast of $7.51M by -11.11%. Lastly, the company's EPS was $-0.0298, missing the average prediction of $0.00656 by -553.99%