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
Employees
255
Headquarters
Website
ELME Metrics
BasicAdvanced
$1.5B
-
-$1.53
1.02
$0.72
4.32%
Price and volume
Market cap
$1.5B
Beta
1.02
52-week high
$17.64
52-week low
$13.95
Average daily volume
989K
Dividend rate
$0.72
Financial strength
Current ratio
0.774
Quick ratio
0.354
Long term debt to equity
78.019
Total debt to equity
78.019
Interest coverage (TTM)
0.39%
Profitability
EBITDA (TTM)
109.271
Gross margin (TTM)
59.29%
Net profit margin (TTM)
-54.57%
Operating margin (TTM)
6.06%
Revenue per employee (TTM)
$970,000
Management effectiveness
Return on assets (TTM)
0.53%
Return on equity (TTM)
-13.42%
Valuation
Price to revenue (TTM)
5.937
Price to book
1.61
Price to tangible book (TTM)
1.61
Dividend yield (TTM)
4.32%
Forward dividend yield
4.32%
Growth
Revenue change (TTM)
3.10%
Earnings per share change (TTM)
858.06%
3-year revenue growth (CAGR)
7.55%
10-year revenue growth (CAGR)
-1.98%
3-year earnings per share growth (CAGR)
56.40%
10-year earnings per share growth (CAGR)
13.34%
3-year dividend per share growth (CAGR)
1.92%
10-year dividend per share growth (CAGR)
-4.98%
Bulls say / Bears say
Elme has arranged to sell a 19-property portfolio to Cortland Partners for $1.6 billion in cash, ensuring immediate liquidity and supporting distributions of $14.50–$14.82 per share from the Cortland sale and another $2.90–$3.50 per share from the assets it keeps (Reuters)
The stock climbed 9% in premarket trading following the sale news, showing strong market support for ELME’s liquidation plan and indicating room for near-term gains (Reuters)
The expected closing date for the Cortland deal in Q4 2025 gives shareholders a defined timeline for partial capital return, which lowers the risk of delays in the wind-down (Reuters)
The move to voluntary liquidation signals management's lack of confidence in maintaining ongoing operations, suggesting there is limited potential for further upside from ELME's remaining assets (Reuters)
Even as some markets push return-to-office requirements, investment into office properties remains low amid high financing costs and market uncertainty, which may make it difficult for ELME to achieve attractive terms when selling its remaining holdings (Reuters)
Elme’s withdrawal of its 2025 financial forecast points to less visibility on both distribution timing and amounts, increasing uncertainty about what the remaining portfolio is really worth (Reuters)
Data summarised monthly by Lightyear AI. Last updated on 9 Oct 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.
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Capital at risk
Upcoming events
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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 $1.5B as of October 26, 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 October 26, 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 October 26, 2025, the dividend rate is $0.72 and the yield is 4.32%. 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 1.02. 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.