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Elme Communities - $ELME STOCK NEWS

Welcome to our dedicated page for Elme Communities news (Ticker: $ELME), a resource for investors and traders seeking the latest updates and insights on Elme Communities stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Elme Communities's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Elme Communities's position in the market.

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0.97%
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Rhea-AI Summary
Elme Communities, a multifamily REIT, reported financial and operating results for Q1 2023. Net loss was $3.6 million. NAREIT FFO was $17.9 million, up 20% YoY. Core FFO was $21.5 million, up 20% YoY. Same-store multifamily NOI increased by 10.7%. Liquidity position was over $670 million. The company expects double-digit Core FFO growth this year.
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2.59%
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Elme Communities

NYSE:ELME

ELME Rankings

ELME Stock Data

1.36B
86.62M
1.5%
90.19%
1.14%
Other Financial Vehicles
Finance and Insurance
Link
United States of America
BETHESDA

About ELME

washington reit is a value-creation focused owner and operator of high-quality office, retail and multifamily assets in the washington metro area. our portfolio of 49 properties spans over 6 million square feet of commercial space and over 4,480 multifamily apartment units. our shares trade on the nyse and our company currently has an enterprise value of $3 billion. we have over five decades of operating history exclusively in the washington, dc area and pride ourselves on being a local sharp-shooter in one of our nation’s key gateway markets.