Elme Communities (NYSE:ELME) Given Average Rating of “Reduce” by Brokerages

Posted by on Jun 20th, 2026

Shares of Elme Communities (NYSE:ELME – Get Free Report) have been given a consensus recommendation of “Reduce” by the four analysts that are currently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating and three have issued a hold rating on the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $18.00.

ELME has been the subject of several analyst reports. Weiss Ratings reissued a “sell (d)” rating on shares of Elme Communities in a research note on Friday, April 10th. BTIG Research reissued a “neutral” rating on shares of Elme Communities in a research note on Monday, April 6th.

Get Our Latest Stock Report on Elme Communities

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. grew its holdings in shares of Elme Communities by 7.5% during the 3rd quarter. PNC Financial Services Group Inc. now owns 11,661 shares of the company’s stock worth $197,000 after purchasing an additional 810 shares during the period. EverSource Wealth Advisors LLC grew its holdings in shares of Elme Communities by 39.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,235 shares of the company’s stock worth $51,000 after purchasing an additional 922 shares during the period. Daiwa Securities Group Inc. grew its holdings in shares of Elme Communities by 3.6% during the 2nd quarter. Daiwa Securities Group Inc. now owns 31,470 shares of the company’s stock worth $500,000 after purchasing an additional 1,090 shares during the period. M&T Bank Corp grew its holdings in shares of Elme Communities by 9.1% during the 2nd quarter. M&T Bank Corp now owns 14,268 shares of the company’s stock worth $227,000 after purchasing an additional 1,190 shares during the period. Finally, US Bancorp DE grew its holdings in shares of Elme Communities by 43.8% during the 3rd quarter. US Bancorp DE now owns 4,107 shares of the company’s stock worth $69,000 after purchasing an additional 1,251 shares during the period. Institutional investors and hedge funds own 87.88% of the company’s stock.

Elme Communities Trading Up 0.7%

Shares of ELME stock opened at $2.03 on Friday. The firm has a 50-day moving average price of $2.08 and a 200 day moving average price of $5.17. Elme Communities has a twelve month low of $1.98 and a twelve month high of $17.68. The company has a market capitalization of $179.94 million, a price-to-earnings ratio of -1.33 and a beta of 0.68. The company has a current ratio of 166.32, a quick ratio of 166.32 and a debt-to-equity ratio of 0.78.

Elme Communities Company Profile

(Get Free Report)

Elme Communities, Inc is a real estate investment trust (REIT) specializing in senior living real estate. The company focuses on acquiring and strategically partnering in a diversified portfolio of senior housing communities, providing real estate solutions across the spectrum of independent living, assisted living and memory care facilities. Elme Communities leases properties to experienced operators under long-term contractual arrangements designed to generate stable rental income and align incentives for both landlord and operator.

The company’s core activities include identifying acquisition opportunities, underwriting property performance, structuring lease agreements and overseeing asset management functions.

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