Elme Communities (ELME) Stock Analysis & Winston Score
Elme Communities is a real estate company that owns and operates apartment buildings, primarily in the Washington, D.C. metro area. It rents homes to everyday residents, making it a residential landlord at its core. Despite being classified under "REIT - Office" in some data sources, Elme converted its portfolio to focus almost entirely on multifamily residential properties after selling off its office assets. The company makes money by collecting monthly rent from tenants across its apartment communities. It operates as a real estate investment trust (REIT), meaning it is required to pay out most of its taxable income to shareholders as dividends. Elme is a relatively small player in the D.C. rental market, with its geographic concentration acting as both a strength — given the region's stable government-driven employment base — and a risk, since any slowdown in that local economy directly impacts occupancy and rent growth. The company was acquired by Veris Residential in 2023, so it no longer trades as an independent public company.
Winston Score: 0/100 — Insufficient Data
Not enough data to score this stock reliably.
- Quality: Weak (1/30)
- Growth: Weak (1/20)
- Cash Flow: Data not available (0/10)
- Stability: Data not available (0/10)
- Valuation: Data not available (0/10)
- Ownership: Mixed (4/15)
Key Facts
Price: $1.52
Market Cap: $135M
Sector: Real Estate
Industry: REIT - Office
Exchange: New York Stock Exchange

