Elme Communities (ELME)
NYSE · Finance, Insurance & Real Estate · Real estate investment trusts
ELME price, last 12 months
Key stats
- Previous close
- $1.70
- Open
- $1.72
- Day range
- $1.70 – $1.73
- 52-week range
- $1.26 – $17.68
- Volume
- 698.4K
- Avg volume (20 days)
- 673K
- Market cap
- $153.7M
Performance
Technicals and fundamentals
About Elme Communities
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. It 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. Elme Communities' tenants are banking, consulting, law, and financial services firms. The company operates in a single reportable segment which includes the ownership, development, redevelopment and acquisition of apartment communities.
- Sector
- Finance, Insurance & Real Estate
- Industry
- Real estate investment trusts
- Listed on
- NYSE
- Market cap
- $153.7M