Elme Communities ELME
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
Trading Information
- Previous Close Price
- $17.25
- Day Range
- $17.03–17.26
- 52-Week Range
- $12.44–18.49
- Bid/Ask
- $16.97 / $17.40
- Market Cap
- $1.51 Bil
- Volume/Avg
- 369,364 / 475,871
Key Statistics
- Price/Earnings (Normalized)
- —
- Price/Sales
- 6.44
- Dividend Yield (Trailing)
- 4.17%
- Dividend Yield (Forward)
- 4.17%
- Total Yield
- 4.17%
Company Profile
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.
- Sector
- Real Estate
- Industry
- REIT - Residential
- Stock Style Box
- Small Value
- Total Number of Employees
- 243
- Website
- https://www.elmecommunities.com
Comparables
Valuation
|
Metric
|
ELME
|
EQC
|
HOM.U
|
|---|---|---|---|
Price/Earnings (Normalized) | — | 22.64 | 14.48 |
Price/Book Value | 1.36 | 0.91 | 0.71 |
Price/Sales | 6.44 | 35.93 | 2.95 |
Price/Cash Flow | 15.68 | 16.64 | 10.49 |
Price/Earnings
ELME
EQC
HOM.U
Financial Strength
|
Metric
|
ELME
|
EQC
|
HOM.U
|
|---|---|---|---|
Quick Ratio | 0.08 | 85.27 | 0.04 |
Current Ratio | 0.10 | 85.27 | 0.12 |
Interest Coverage | −0.51 | — | −3.79 |
Quick Ratio
ELME
EQC
HOM.U
Profitability
|
Metric
|
ELME
|
EQC
|
HOM.U
|
|---|---|---|---|
Return on Assets (Normalized) | −2.88% | 4.64% | −11.07% |
Return on Equity (Normalized) | −4.66% | 4.95% | −27.02% |
Return on Invested Capital (Normalized) | −1.02% | −0.21% | −11.31% |
Return on Assets
ELME
EQC
HOM.U
REIT - Residential Industry Comparables
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| AvalonBay Communities Inc
AVB
| Nhrhdhlc | Frsv | $31.4 Bil | |||
| Equity Residential
EQR
| Hrfpqrpy | Tyb | $27.8 Bil | |||
| Invitation Homes Inc
INVH
| Mdwrtjcf | Ymsff | $20.9 Bil | |||
| Essex Property Trust Inc
ESS
| Wkzbkrmf | Qktc | $18.6 Bil | |||
| Mid-America Apartment Communities Inc
MAA
| — | Wkq | $18.1 Bil | |||
| Sun Communities Inc
SUI
| Dphxkglr | Vwk | $16.3 Bil | |||
| UDR Inc
UDR
| — | Tglgx | $14.7 Bil | |||
| American Homes 4 Rent Class A
AMH
| — | Jfk | $14.0 Bil | |||
| Equity Lifestyle Properties Inc
ELS
| Zxnqqrj | Tpzp | $13.0 Bil | |||
| Camden Property Trust
CPT
| — | Gqpn | $12.9 Bil |
United States