Added to YB: 2025-08-20
Pitch date: 2025-08-18
ELME [neutral]
Elme Communities
+4.19%
current return
Author Info
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Company Info
Elme Communities is committed to elevating what home can be for middle-income renters by providing a higher level of quality, service, and experience.
Market Cap
$1.5B
Pitch Price
$16.67
Price Target
18.00 (+4%)
Dividend
4.28%
EV/EBITDA
20.04
P/E
-10.98
EV/Sales
8.86
Sector
Residential REITs
Category
special_situation
Liquidations Watchlist: Elme Communities
ELME (liquidation watchlist): Value multifamily owner in DC/Atlanta selling all assets for $1.6b + remaining 9 properties & Watergate 600 commercial complex. Plan to liquidate within 12 months with $17.58-$18.50 distributions. Not compelling at current price, but watchlist for future opportunity. NAV $18, 1.5yr timeframe. Risk: govt cuts affecting DC demand.
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