Elme Communities

ELME

US9396531017

Residential REITs

Market Closed - Nyse Other stock markets 04:00:01 2024-04-26 pm EDT			5-day change	1st Jan Change
15.04 ^USD	0.00%		+1.21%	+3.01%

Feb. 20	Elme Communities Files Mixed Shelf	MT
Feb. 16	Transcript : Elme Communities, Q4 2023 Earnings Call, Feb 16, 2024

Elme Communities announces an Equity Buyback for $50 million worth of its shares.

October 26, 2023 at 04:24 pm EDT

Elme Communities (NYSE:ELME) announces a share repurchase program. Under the program, the company will repurchase up to $50 million worth of its shares. The plan will be valid till October 25, 2025.

Latest news about Elme Communities

Elme Communities Files Mixed Shelf	Feb. 20	MT
Transcript : Elme Communities, Q4 2023 Earnings Call, Feb 16, 2024	Feb. 16
Elme Communities Q4 Core Funds From Operations Unchanged, Revenue Rises; 2024 Guidance Set; Dividend Maintained	Feb. 15	MT
Elme Communities Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	Feb. 15	CI
Elme Communities Provides Earnings Guidance for the Year Ending December 31, 2024	Feb. 15	CI
Elme Communities Declares Quarterly Dividend, Payable on April 3, 2024	Feb. 15	CI
North American Morning Briefing : S&P 500 Eyes -2-	Dec. 19	DJ
JPMorgan Upgrades Elme Communities to Overweight From Neutral, Raises Price Target to $18 From $16	Dec. 18	MT
Wells Fargo Trims Price Target on Elme Communities to $14 From $15.50, Maintains Equal-Weight Rating	Nov. 09	MT
Transcript : Elme Communities, Q3 2023 Earnings Call, Oct 27, 2023	23-10-27
Elme Communities announces an Equity Buyback for $50 million worth of its shares.	23-10-26	CI
Elme Communities Declares Quarterly Dividend, Payable on January 4, 2024	23-10-26	CI
Elme Communities Provides Earnings Guidance for the Year of 2023	23-10-26	CI
Elme Communities Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	23-10-26	CI
Elme Communities authorizes a Buyback Plan.	23-10-25	CI
Elme Communities acquired Elme Druid Hills in Atlanta, GA for approximately $110 million.	23-10-25	CI
Elme Communities Appoints Susan Carras as Independent Director to the Board of Trustees	23-09-13	CI
Elme Communities to Seek Acquisitions	23-08-01	CI
Transcript : Elme Communities, Q2 2023 Earnings Call, Aug 01, 2023	23-08-01
Elme Communities Q2 Core Funds From Operations Down, Revenue Up; Lowers High End of 2023 Core FFO Guidance	23-08-01	MT
Elme Communities Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-07-31	CI
Elme Communities Provides Earnings Guidance for the Year Ending December 31, 2023	23-07-31	CI
Elme Communities Declares Quarterly Dividend, Payable on October 4, 2023	23-07-31	CI
Elme Communities Appoints Chief Operating Officer	23-06-29	MT
Elme Communities Appoints Tiffany M. Butcher as Executive Vice President and Chief Operating Officer, Effective July 10, 2023	23-06-28	CI

Elme Communities is a multifamily real estate investment trust. The Company operates in a single reportable segment which includes the ownership, development, redevelopment and acquisition of apartment communities. It owns and operates approximately 9,400 apartment homes in the Washington, DC metro and the Atlanta metro regions, and owns approximately 300,000 square feet of commercial space. Its properties include Elme Alexandria, Cascade at Landmark, Clayborne, Riverside Apartments, Bennett Park, Park Adams, The Maxwell, The Paramount, The Wellington, Trove, Roosevelt Towers, Elme Dulles, Elme Herndon, The Ashby at McLean, Kenmore Apartments, Elme Watkins Mill, Elme Germantown, Elme Eagles Landing, Elme Druid Hills and Watergate 600.

Sector

Residential REITs

Calendar

2024-04-30 - Q1 2024 Earnings Release

Related indices

Russell 2000

More about the company

Income Statement Evolution

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Ratings for Elme Communities

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

15.04 USD

Average target price

15.33 USD

Spread / Average Target

+1.95%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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