Added to YB: 2025-09-24
Pitch date: 2025-08-04
ELME [bullish]
Elme Communities
-11.94%
current return
Author Info
No bio for this author
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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
$192.2M
Pitch Price
$2.50
Price Target
N/A
Dividend
33.03%
EV/EBITDA
8.20
P/E
-1.42
EV/Sales
3.62
Sector
Residential REITs
Category
special_situation
Show full summary:
Elme Communities - $ELME
ELME: Classic Buffett liquidation play. $16.46 current price, $14.50-14.82 initial distribution (89-91% of price) by year-end + $2.90-3.50 future distributions. 14-26% IRR potential. Cortland buying 19 properties for $1.6B, remaining assets marketed. Risk: deals don't close or take longer than expected.
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