EL

Elme Communities

ELMEReal EstateNASDAQ

REIT - Residential

PriceMA150MA200
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Financials · Annual
Revenue
$241.9M
+6.2% YoY
Net Income
-$13.1M
+75.3% YoY
EBITDA
$120.7M
+81.7% YoY

Scan Results

Daily timeframe
4 recent days hidden. Fresh signals are a Premium featureUpgrade →
DateIndicatorDetails
Jul 15 RSI OversoldRSI 27.8, below 30, stock may be oversold
Jul 14 RSI OversoldRSI 27.1, below 30, stock may be oversold
About Elme Communities

Elme Communities is committed to elevating what home can be for middle-income renters by providing a higher level of quality, service, and experience. Valued at $134.2M, ELME is a micro-cap name in its sector. The Company is a multifamily real estate investment trust that 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.

Where ELME stands vs its 150-day and 200-day moving averages

As of the July 15, 2026 close, ELME finished 30.00% below its 150-day moving average ($2.20) and 32.75% below its 200-day moving average ($2.29). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.

Is ELME overbought or oversold?

At the July 15, 2026 close, ELME's RSI(14) was 27.8, in oversold territory (below 30). The MACD histogram was negative, so short-term momentum leaned bearish at that close. These readings are historical, refresh daily after market close, and are not investment advice.

Key stats
Market Cap$134.2M
Fwd P/E-13.73
EPS$-1.10
Beta0.81
52W Change-90.7%
Dividend Yield48.00%
Analysis

The company holds $7.1M in cash, though total debt stands at $709.6M. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. Revenue has grown from $169.2M (2021) to $241.9M (2024), reflecting a 43% increase over the period.

Elme Communities carries a heavier debt load relative to its cash position, which introduces financial risk that investors should weigh. No single metric tells the full story. Reviewing ELME's risk profile alongside its fundamentals and technical indicators provides a more complete picture.

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ELME: Elme Communities Technical Analysis (200-Day MA, RSI, MACD) | Scanance