Added to YB: 2026-02-03
Pitch date: 2026-01-31
ELME [bullish]
Elme Communities
-21.17%
current return
Author Info
No bio for this author
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
$147.5M
Pitch Price
$2.22
Price Target
2.80 (+60%)
Dividend
N/A
EV/EBITDA
N/A
P/E
-0.79
EV/Sales
N/A
Sector
Residential REITs
Category
special_situation
Tickle Me Elme
ELME: Liquidating REIT targeting $2.35-$2.80/share distributions by 3Q25 vs current ~$2.20 price. Sold majority assets for $1.6B, paid $14.67 initial distribution. Remaining sales include uncertain Watergate office (major tenant expires 2027) & Riverside Apartments. Worst case $2.12 vs guidance midpoint $2.58.
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