AAPL 251.035 -1.7822% MSFT 423.585 -1.6131% NVDA 136.1201 -0.6495% GOOGL 189.835 -1.5174% GOOG 191.12 -1.5048% AMZN 219.61 -1.8503% META 587.695 -2.0198% AVGO 232.666 -3.7576% TSLA 422.24 -2.1823% TSM 198.81 -1.3986% LLY 774.5 -1.107% V 313.84 -1.5126% JPM 238.625 -1.0553% UNH 504.0 -1.1745% NVO 86.23 -1.3048% WMT 90.76 -0.9819% LVMUY 131.1 -0.9145% XOM 106.02 -0.432% LVMHF 655.0 -1.4289% MA 524.84 -1.3829%

Elme Communities

Real Estate US ELME

14.62USD
-0.24(1.62%)

Last update at 2024-12-30T15:00:00Z

Day Range

14.6214.79
LowHigh

52 Week Range

12.4419.16
LowHigh

Fundamentals

  • Previous Close 14.86
  • Market Cap1282.36M
  • Volume41043
  • P/E Ratio-
  • Dividend Yield4.93%
  • EBITDA111.36M
  • Revenue TTM224.65M
  • Revenue Per Share TTM2.56
  • Gross Profit TTM 127.94M
  • Diluted EPS TTM-0.61

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax -30.86800M -53.14000M -15.68000M 29.13M 25.63M
Minority interest - - - 0.00000M 0.00000M
Net income -55.80800M -87.20300M -15.68000M 383.55M 25.63M
Selling general administrative 28.26M 34.17M 23.95M 26.07M 22.09M
Selling and marketing expenses - - - - -
Gross profit -72.27800M 102.24M 181.21M 193.60M 220.66M
Reconciled depreciation 91.72M 95.56M 120.03M 141.18M 121.23M
Ebit -30.86800M 50.45M -95.01700M 437.28M 76.77M
Ebitda 60.85M 146.01M 25.01M 578.46M 198.00M
Depreciation and amortization 91.72M 95.56M 120.03M 141.18M 121.23M
Non operating income net other -4.20500M -14.48400M - - -
Operating income -30.86800M 50.45M 22.22M 82.87M 77.95M
Other operating expenses 100.54M 173.74M 23.95M 277.90M 259.55M
Interest expense -24.94000M 34.06M 37.30M 53.73M 51.14M
Tax provision - - - 0.00000M 0.00000M
Interest income - - - - -
Net interest income -24.94000M -34.06300M -37.30500M -53.73400M -51.14400M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 24.94M 34.06M -117.23600M -300.68400M -1.17800M
Total revenue 209.38M 169.15M 294.12M 309.18M 336.89M
Total operating expenses 28.26M 106.83M 23.95M 162.32M 143.32M
Cost of revenue 72.28M 66.92M 112.91M 115.58M 116.23M
Total other income expense net -29.85700M -103.58700M -37.89900M -53.73400M -52.32200M
Discontinued operations - 69.52M 24.64M 387.80M 24.48M
Net income from continuing ops -30.86800M -53.14000M -15.68000M 29.13M 25.63M
Net income applicable to common shares -30.86800M 15.99M -16.22500M 381.59M 25.10M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 1872.31M 1875.99M 2409.82M 2628.33M 2417.10M
Intangible assets - - - - -
Earning assets - - - - -
Other current assets 1.46M 34.49M 71.64M 103.30M 133.95M
Total liab 608.82M 558.93M 1088.71M 1216.27M 1348.63M
Total stockholder equity 1263.49M 1316.76M 1320.79M 1411.73M 1068.13M
Deferred long term liab 3.86M 4.36M 5.65M 39.11M 42.71M
Other current liab 14.93M -482.29600M -969.22400M 25.39M 24.02M
Common stock 0.88M 0.86M 0.84M 0.82M 0.80M
Capital stock 0.88M 0.86M 0.84M 0.82M 0.80M
Retained earnings -453.00800M -362.49400M -298.86000M -183.40500M -469.08500M
Other liab 7.14M 6.75M 6.68M 19.95M 19.47M
Good will - - - - -
Other assets 1864.22M 4.36M 5.65M 39.11M 42.71M
Cash 8.39M 233.60M 7.70M 12.94M 6.02M
Cash and equivalents - - - - -
Total current liabilities 552.36M 57.32M 84.13M 96.52M 83.59M
Current deferred revenue 1.58M 2.08M 7.21M -1099.79600M -1243.18900M
Net debt 543.97M 263.35M 979.67M 1086.86M 1237.17M
Short term debt 552.36M 496.95M 987.37M 1099.80M 1243.19M
Short long term debt 55.00M - 42.00M 56.00M 188.00M
Short long term debt total 552.36M 496.95M 987.37M 1099.80M 1243.19M
Other stockholder equity 1277.72M 1697.48M 1649.37M 1592.49M 1526.57M
Property plant equipment 1820.68M 1592.84M 1476.53M 2389.80M 1999.87M
Total current assets 8.39M 283.15M 137.60M 181.50M 213.82M
Long term investments 1820.68M 1592.84M - - -
Net tangible assets 1263.49M 1316.76M 1320.79M 1411.73M 1068.13M
Short term investments - - - - -
Net receivables 16.35M 15.07M 58.26M 65.26M 73.86M
Long term debt 497.36M 496.95M 945.37M 1043.80M 1055.19M
Inventory - 0.62M 0.60M 65.18M 1.62M
Accounts payable 34.39M 40.59M 58.77M 71.14M 59.57M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity 0.30M 0.31M - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -14.23300M -19.09100M -30.56300M 1.82M 9.84M
Additional paid in capital - - - - -
Common stock total equity 0.88M 0.86M - - -
Preferred stock total equity - - - - -
Retained earnings total equity -453.00800M -362.49400M - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 1846.41M 1592.84M 2272.22M 2446.83M 2203.28M
Deferred long term asset charges - - - - -
Non current assets total 1846.41M 1592.84M 2272.22M 2446.83M 2203.28M
Capital lease obligations - - - - -
Long term debt total 497.36M 496.95M - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -241.16300M 702.17M 65.76M 61.04M -38.94200M
Change to liabilities -5.48100M -5.61900M 0.00000M 0.00000M 0.00000M
Total cashflows from investing activities -241.16300M 702.17M 65.76M 61.04M -38.94200M
Net borrowings -21.63700M -503.89400M -110.56700M -144.72400M -48.08100M
Total cash from financing activities -56.41600M -565.39600M -185.19900M -184.84800M -113.41000M
Change to operating activities -7.08300M -10.30000M -23.06500M -14.88700M -11.04100M
Net income 113.02M 16.38M -15.68000M 383.55M 25.63M
Change in cash -191.53400M 225.93M -6.44800M 7.11M -4.98300M
Begin period cash flow 234.22M 8.29M 14.75M 7.64M 12.62M
End period cash flow 42.69M 234.22M 8.30M 14.75M 7.64M
Total cash from operating activities 42.69M 89.16M 112.99M 130.92M 147.37M
Issuance of capital stock 26.85M 40.46M 48.35M 54.92M 35.47M
Depreciation -70.33600M 95.56M 120.03M 141.18M 121.23M
Other cashflows from investing activities 0.48M -1.00000M -1.00000M -1.00000M -1.00000M
Dividends paid -59.36300M -90.72800M -99.08000M -96.36100M 95.06M
Change to inventory - - - - -
Change to account receivables - - - - 2.14M
Sale purchase of stock 1.02M 1.73M 500.00M 450.00M 272.00M
Other cashflows from financing activities 2.95M -11.23600M 476.09M 446.57M 264.29M
Change to netincome 15.39M 10.42M 81.39M -321.10200M 22.18M
Capital expenditures 241.64M 0.05M 0.22M 61.53M 37.98M
Change receivables - - - - -
Cash flows other operating -1.60200M -4.68100M - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes -224.36800M 225.93M - - -
Change in working capital -7.08300M -10.30000M -23.05200M -14.88700M -11.04100M
Stock based compensation 7.99M 8.55M 7.87M 7.74M 6.75M
Other non cash items -7.98800M -21.04100M 8.14M -386.66200M 4.81M
Free cash flow 42.69M 89.16M 112.99M 192.45M 109.39M

Peer Comparison

Sector: Real Estate Industry: REIT - Residential

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
ELME
Elme Communities
-0.24 1.62% 14.62 - - 5.71 1.09 8.66 31.95
AVB
AvalonBay Communities Inc
-2.14 0.97% 219.04 31.01 41.84 11.03 2.71 13.98 19.11
EQR
Equity Residential
-0.89 1.24% 70.69 35.33 38.31 8.20 2.12 10.94 13.97
INVH
Invitation Homes Inc
-0.45 1.40% 31.65 42.22 44.44 8.97 2.05 12.04 19.45
SUI
Sun Communities Inc
-1.74 1.41% 121.92 73.72 58.48 5.47 2.11 7.63 19.90

Reports Covered

Stock Research & News

Profile

Elme Communities (formerly known as Washington Real Estate Investment Trust or WashREIT) is committed to elevating what home can be for middle-income renters by providing a higher level of quality, service, and experience. The company is a multifamily real estate investment trust that owns and operates approximately 8,900 apartment homes in the Washington, DC metro and the Sunbelt, and owns approximately 300,000 square feet of commercial space. Focused on providing quality, affordable homes to a deep, solid, and underserved base of mid-market demand, Elme Communities is building long-term value for shareholders.

Elme Communities

1775 Eye Street, NW, Washington, DC, United States, 20006

Key Executives

Name Title Year Born
Mr. Paul T. McDermott Chairman of Board, Pres & CEO 1962
Mr. Stephen E. Riffee Exec. VP & CFO 1958
Mr. Andrew E. Leahy VP of Investments NA
Mr. Wade Drew Hammond VP, Chief Accounting Officer, Corp. Sec. & Treasurer 1975
Ms. Susan Lilly Gerock Sr. VP of Information Technology & Chief Information Officer NA
Ms. Amy Hopkins VP of Investor Relations NA
Ms. Deanna Schmidt VP of Marketing & Communications NA
Mr. Ian Kessler VP of HR NA
Mr. Edward J. Murn IV Managing Director of Devel. & Multifamily Division 1968
Mr. Anthony C. Chang VP of Asset Management NA

Disclaimer - This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on ‘as is’ basis, using their API. The information and data provided on this page, as well as via the API, are not guaranteed to be real-time or accurate. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general informational purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine does not assume any responsibility for any trading losses you might incur as a result of using this information, data, or any analyst rating or recommendation provided. Kalkine will not accept any liability for any loss or damage resulting from reliance on the information, including but not limited to data, quotes, charts, analyst ratings, recommendations, and buy/sell signals sourced via the API.
Please be fully informed about the risks and costs associated with trading in the financial markets, as it is one of the riskiest forms of investment. Kalkine does not provide any warranties regarding the information on this page, including, without limitation, warranties of merchantability or fitness for a particular purpose or use.