Elme Communities
NYSE:ELME

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Elme Communities
NYSE:ELME
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Price: 14.86 USD -0.93% Market Closed
Market Cap: 1.3B USD
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Elme Communities
Non-Reccuring Items

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Elme Communities
Non-Reccuring Items Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Non-Reccuring Items CAGR 3Y CAGR 5Y CAGR 10Y
Elme Communities
NYSE:ELME
Non-Reccuring Items
-$147k
CAGR 3-Years
82%
CAGR 5-Years
56%
CAGR 10-Years
33%
Invitation Homes Inc
NYSE:INVH
Non-Reccuring Items
-$38.6m
CAGR 3-Years
-183%
CAGR 5-Years
-2%
CAGR 10-Years
N/A
Essex Property Trust Inc
NYSE:ESS
Non-Reccuring Items
-$288k
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
41%
Mid-America Apartment Communities Inc
NYSE:MAA
Non-Reccuring Items
$15.2m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Equity Residential
NYSE:EQR
Non-Reccuring Items
$383.3m
CAGR 3-Years
-21%
CAGR 5-Years
7%
CAGR 10-Years
N/A
Avalonbay Communities Inc
NYSE:AVB
Non-Reccuring Items
-$21m
CAGR 3-Years
12%
CAGR 5-Years
-1%
CAGR 10-Years
N/A
No Stocks Found

Elme Communities
Glance View

Market Cap
1.3B USD
Industry
Real Estate

Elme Communities, previously known as Washington Real Estate Investment Trust, has carved a niche for itself in the real estate sector by focusing on residential properties primarily within the Washington D.C., Maryland, and Virginia markets. This transition stems from a strategic pivot to consolidate its portfolio toward multifamily housing, which exhibits more stable demand and growth prospects compared to its earlier, more diversified asset mix that included commercial properties. The company generates revenue primarily through rental income from these residential units. By owning and operating around 9,000 apartment units, Elme Communities ensures a consistent and predictable income stream, augmented by its strategic acquisitions and the development of properties in high-demand locality, targeting the region's relatively affluent and stable tenant base. Elme Communities’ business model emphasizes aggressive property management and value enhancements to drive occupancy rates and competitive lease pricing, leveraging the geographic region's economic growth and housing demand. Their leadership team focuses on deploying capital into strategic renovations and smart community integrations, ranging from technology upgrades to eco-friendly amenities, enhancing the living experience and, consequently, rental yields. This focus not only increases property value but also strengthens tenant retention — a core component in maintaining steady cash flow and ensuring long-term asset appreciation. As such, Elme Communities derives its success from a keen understanding of market dynamics and a sharp execution of property management that aligns with evolving tenant expectations and regional demographic trends.

ELME Intrinsic Value
12.27 USD
Overvaluation 17%
Intrinsic Value
Price

See Also

What is Elme Communities's Non-Reccuring Items?
Non-Reccuring Items
-147k USD

Based on the financial report for Sep 30, 2024, Elme Communities's Non-Reccuring Items amounts to -147k USD.

What is Elme Communities's Non-Reccuring Items growth rate?
Non-Reccuring Items CAGR 10Y
33%

Over the last year, the Non-Reccuring Items growth was 100%. The average annual Non-Reccuring Items growth rates for Elme Communities have been 82% over the past three years , 56% over the past five years , and 33% over the past ten years .

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