Elme Communities ELME
Elme Communities is a prominent owner and operator of distinctive real estate assets strategically located throughout the Washington D.C. metropolitan region. Leveraging a foundation built on decades of deep experience, specialized expertise, and forward-thinking ambition, we excel at generating value by transforming keen market insights into actionable strategies and executing them effectively. As of October 29, 2020, our substantial portfolio comprised 45 diverse properties, featuring approximately 3.7 million square feet of commercial space alongside 6,863 multifamily apartment units. This collection includes 22 multifamily residential complexes, 15 office buildings, and 8 retail centers. Elme Communities' shares are publicly traded on the New York Stock Exchange (NYSE). Renowned for consistently delivering strong investor returns and ensuring stakeholder satisfaction, we have established ourselves as a trusted authority within one of the nation's most fiercely competitive real estate markets.
Business overview written from the company's own Form 10-K (Item 1), filed 2026-02-27 — refreshed whenever it files a new one. The figures above are current; see its SEC filings. ✓ From the 10-K
Plain-English: the Snapshot is the quick read — what it pays you (yield, dividend), how its cash flow looks (FFO/AFFO, Price/OCF) and how much debt it carries. Switch to Expert in the header to hide these explanations.
Snapshot
Reported FFO / Core FFO / leverage are from the Q3 2025 earnings release (filed 2025-10-23) — 8-K, EX-99.1 ✓ Verified to filing.
Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. cash flow |
|---|---|---|---|---|---|
| 2025 | $0.00 | $-154.16M | $78.16M | $-44.05M | $62.24M |
| 2024 | $241.94M | $-13.10M | $95.94M | $120.67M | $95.24M |
| 2023 | $227.91M | $-52.98M | $88.95M | $66.40M | $84.67M |
| 2022 | $209.38M | $-30.87M | $91.72M | $85.79M | $73.21M |
| 2021 | $169.15M | $-21.79M | $179.61M | $76.48M | $89.16M |
| 2020 | $176.00M | $-15.68M | $120.03M | $117.02M | $112.99M |
Dividends
Recent regular dividends per share (special distributions excluded), oldest → newest.
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2026-01-08 | 2025-12-22 | — | — | $14.67 | Special |
| 2025-09-17 | 2025-09-17 | 2025-10-03 | 2025-08-04 | $0.18 | Quarterly |
| 2025-06-17 | 2025-06-17 | 2025-07-03 | 2025-05-01 | $0.18 | Quarterly |
| 2025-03-19 | 2025-03-19 | 2025-04-03 | 2025-02-13 | $0.18 | Quarterly |
| 2024-12-19 | 2024-12-19 | 2025-01-06 | 2024-11-04 | $0.18 | Quarterly |
| 2024-09-19 | 2024-09-19 | 2024-10-03 | 2024-08-01 | $0.18 | Quarterly |
| 2024-06-20 | 2024-06-20 | 2024-07-03 | 2024-05-01 | $0.18 | Quarterly |
| 2024-03-19 | 2024-03-20 | 2024-04-03 | 2024-02-15 | $0.18 | Quarterly |
| 2023-12-20 | 2023-12-21 | 2024-01-04 | 2023-10-26 | $0.18 | Quarterly |
| 2023-09-19 | 2023-09-20 | 2023-10-04 | 2023-07-31 | $0.18 | Quarterly |
| 2023-06-21 | 2023-06-22 | 2023-07-06 | 2023-04-27 | $0.18 | Quarterly |
| 2023-03-21 | 2023-03-22 | 2023-04-05 | 2023-02-16 | $0.18 | Quarterly |
| 2022-12-21 | 2022-12-22 | 2023-01-05 | 2022-10-27 | $0.17 | Quarterly |
| 2022-09-20 | 2022-09-21 | 2022-10-05 | 2022-07-28 | $0.17 | Quarterly |
| 2022-06-21 | 2022-06-22 | 2022-07-06 | 2022-04-27 | $0.17 | Quarterly |
| 2022-03-22 | 2022-03-23 | 2022-04-05 | 2022-02-17 | $0.17 | Quarterly |
| 2021-12-21 | 2021-12-22 | 2022-01-05 | 2021-10-28 | $0.17 | Quarterly |
| 2021-09-21 | 2021-09-22 | 2021-10-05 | 2021-07-29 | $0.17 | Quarterly |
| 2021-06-22 | 2021-06-23 | 2021-07-06 | 2021-04-28 | $0.30 | Quarterly |
| 2021-03-19 | 2021-03-22 | 2021-04-05 | 2021-02-11 | $0.30 | Quarterly |
| 2020-12-22 | 2020-12-23 | 2021-01-06 | 2020-10-29 | $0.30 | Quarterly |
| 2020-09-18 | 2020-09-21 | 2020-10-05 | 2020-07-28 | $0.30 | Quarterly |
| 2020-06-19 | 2020-06-22 | 2020-07-06 | 2020-04-22 | $0.30 | Quarterly |
| 2020-03-16 | 2020-03-17 | 2020-03-31 | 2020-02-13 | $0.30 | Quarterly |
Coverage (payout of operating cash flow): —. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).
Recent news — ELME
The Cost Of Staying Public In A Discounted REIT Market
Elme Communities: A Short-Term Liquidation Opportunity
Financial Comparison: NexPoint Residential Trust (NYSE:NXRT) & Elme Communities (NYSE:ELME)
Headlines via Financial Modeling Prep; links open the original publisher in a new tab. Not an endorsement or investment advice.
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Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.