Washington Real Estate Investment Trust/$ELME
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About Washington Real Estate Investment Trust
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.
Ticker
$ELME
Sector
Primary listing
NYSE
Industry
Residential REITs
Headquarters
Employees
255
Website
ELME Metrics
BasicAdvanced
$1.4B
-
-$0.16
1.00
$0.72
4.49%
Price and volume
Market cap
$1.4B
Beta
1
52-week high
$17.64
52-week low
$13.95
Average daily volume
664K
Dividend rate
$0.72
Financial strength
Current ratio
1.035
Quick ratio
0.396
Long term debt to equity
54.558
Total debt to equity
66.315
Interest coverage (TTM)
0.63%
Profitability
EBITDA (TTM)
118.793
Gross margin (TTM)
59.88%
Net profit margin (TTM)
-5.79%
Operating margin (TTM)
9.76%
Revenue per employee (TTM)
$960,000
Management effectiveness
Return on assets (TTM)
0.80%
Return on equity (TTM)
-1.28%
Valuation
Price to revenue (TTM)
5.777
Price to book
1.33
Price to tangible book (TTM)
1.33
Price to free cash flow (TTM)
15.66
Free cash flow yield (TTM)
6.39%
Free cash flow per share (TTM)
102.30%
Dividend yield (TTM)
4.49%
Forward dividend yield
4.49%
Growth
Revenue change (TTM)
5.31%
Earnings per share change (TTM)
-73.10%
3-year revenue growth (CAGR)
11.42%
10-year revenue growth (CAGR)
-1.88%
3-year earnings per share growth (CAGR)
13.82%
10-year earnings per share growth (CAGR)
-11.29%
3-year dividend per share growth (CAGR)
-3.85%
10-year dividend per share growth (CAGR)
-4.98%
Bulls say / Bears say
Elme Communities has initiated a formal evaluation of strategic alternatives to maximize shareholder value, including a potential sale, which could lead to a premium buyout offer. (Bisnow)
The company reported a 4.5% increase in same-store multifamily Net Operating Income (NOI) in Q4 2023, indicating strong operational performance. (Markets Insider)
Elme Communities maintains a strong liquidity position with approximately $550 million available as of December 31, 2023, providing financial flexibility for growth initiatives. (Markets Insider)
The company reported a net loss of $3 million in Q4 2024, reflecting ongoing profitability challenges. (Seattle PI)
Elme's Atlanta portfolio faced occupancy challenges due to high supply, which could impact revenue growth in that market. (Markets Insider)
The company's stock has been trading at a discount to its estimated private market value, indicating potential undervaluation concerns. (Bisnow)
Data summarised monthly by Lightyear AI. Last updated on 8 Jul 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.
Capital at risk
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FAQs
What’s the current market cap for Washington Real Estate Investment Trust stock?
Washington Real Estate Investment Trust (ELME) has a market cap of $1.4B as of July 25, 2025.
What is the P/E ratio for Washington Real Estate Investment Trust stock?
The price to earnings (P/E) ratio for Washington Real Estate Investment Trust (ELME) stock is 0 as of July 25, 2025.
Does Washington Real Estate Investment Trust stock pay dividends?
Yes, the Washington Real Estate Investment Trust (ELME) stock pays dividends to shareholders. As of July 25, 2025, the dividend rate is $0.72 and the yield is 4.49%. Washington Real Estate Investment Trust has a payout ratio of 0% on a trailing twelve-month basis.
When is the next Washington Real Estate Investment Trust dividend payment date?
The next Washington Real Estate Investment Trust (ELME) dividend payment date is unconfirmed.
What is the beta indicator for Washington Real Estate Investment Trust?
Washington Real Estate Investment Trust (ELME) has a beta rating of 1. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.