Elme Communities (ELME)

Elme 3801 Connecticut Ave Trustee LLC • WashREIT 3801 Connecticut Ave Trust Ownership LLC • Elme Alexandria LLC • Elme Cascade at Landmark LLC • Elme Conyers LLC • Elme Cumberland LLC • Elme Druid Hills LLC • Elme Dulles LLC • Elme Eagles Landing 860 LLC • Elme Eagles Landing 900 LLC ...

IRS number

530261100

ELME stock data

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Latest filings (excl ownership)

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5 Nov 24

Results of Operations and Financial Condition

4 Nov 24

8-K

Results of Operations and Financial Condition

1 Aug 24

8-K

Entry into a Material Definitive Agreement

11 Jul 24

8-K

Departure of Directors or Certain Officers

4 Jun 24

S-8

Registration of securities for employees

2 May 24

Results of Operations and Financial Condition

1 May 24

ARS

2023 FY

Annual report to shareholders

18 Apr 24

DEF 14A

Definitive proxy

18 Apr 24

Transcripts

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ELME

Earnings call transcript

2024 Q3

5 Nov 24

ELME

Earnings call transcript

2024 Q2

2 Aug 24

ELME

Earnings call transcript

2024 Q1

2 May 24

ELME

Earnings call transcript

2023 Q4

16 Feb 24

ELME

Earnings call transcript

2023 Q3

27 Oct 23

ELME

Earnings call transcript

2023 Q2

1 Aug 23

ELME

Earnings call transcript

2023 Q2

1 Aug 23

ELME

Earnings call transcript

2023 Q1

28 Apr 23

ELME

Earnings call transcript

2022 Q4

17 Feb 23

ELME

Earnings call transcript

2022 Q3

28 Oct 22

Latest ownership filings

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Financial summary

Financial statements Chart ELME financial data

Quarter (USD)	Sep 24	Mar 24	Dec 23	Sep 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 23	Dec 22	Dec 21	Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	7.20 mm	7.20 mm	7.20 mm	7.20 mm	7.20 mm	7.20 mm
Cash burn (monthly)	(no burn)	20.25 k	(no burn)	1.56 mm	(no burn)	(no burn)
Cash used (since last report)	n/a	56.54 k	n/a	4.36 mm	n/a	n/a
Cash remaining	n/a	7.14 mm	n/a	2.84 mm	n/a	n/a
Runway (months of cash)	n/a	352.7	n/a	1.8	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2024

ELME institutional ownership history Ownership history

87.4% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	228	225	+1.3%
Opened positions	29	35	-17.1%
Closed positions	26	34	-23.5%
Increased positions	69	76	-9.2%
Reduced positions	80	76	+5.3%

13F shares	Current	Prev Q	Change
Total value	1.33 tn	1.20 tn	+11.2%
Total shares	76.77 mm	77.04 mm	-0.3%
Total puts	24.70 k	40.20 k	-38.6%
Total calls	7.60 k	11.40 k	-33.3%
Total put/call ratio	3.3	3.5	-7.8%

Largest owners	Shares	Value	Change
BLK BlackRock	16.72 mm	$294.18 bn	NEW
Vanguard	13.96 mm	$245.64 bn	+0.6%
FMR	5.64 mm	$99.16 bn	+3.1%
STT State Street	5.13 mm	$91.11 bn	-0.2%
Thornburg Investment Management	2.46 mm	$43.20 bn	0.0%
Geode Capital Management	2.23 mm	$39.32 bn	+0.6%
HGI Capital Management	2.23 mm	$39.15 bn	-13.4%
Allspring Global Investments	2.12 mm	$37.37 bn	+1.0%
William Blair Investment Management	1.89 mm	$33.21 bn	-3.0%
Charles Schwab Investment Management	1.72 mm	$30.24 bn	+3.2%

Largest transactions	Shares	Bought/sold	Change
BLK BlackRock	0.00	-16.78 mm	EXIT
BLK BlackRock	16.72 mm	+16.72 mm	NEW
Citadel Advisors	1.28 mm	+741.42 k	+136.4%
Adelante Capital Management	0.00	-541.96 k	EXIT
Ubs Global Asset Management Americas	654.40 k	+538.86 k	+466.4%
DBRG DigitalBridge	0.00	-510.50 k	EXIT
Norges Bank	0.00	-380.50 k	EXIT
Arrowstreet Capital, Limited Partnership	358.72 k	+358.72 k	NEW
HGI Capital Management	2.23 mm	-344.43 k	-13.4%
Millennium Management	322.50 k	+322.50 k	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

ELME insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
15 Dec 24	Tiffany Michelle Butcher	Common Stock	Payment of exercise	Dispose F	No	No	16.34	2,453	40.08 k	36,781
15 Dec 24	Tiffany Michelle Butcher	Common Stock	Payment of exercise	Dispose F	No	No	16.34	972	15.88 k	39,234
15 Dec 24	Tiffany Michelle Butcher	Common Stock	Payment of exercise	Dispose F	No	No	16.34	704	11.50 k	40,206
15 Dec 24	Steven Freishtat	Common Stock	Payment of exercise	Dispose F	No	No	16.34	1,102	18.01 k	39,363
15 Dec 24	Steven Freishtat	Common Stock	Payment of exercise	Dispose F	No	No	16.34	721	11.78 k	40,465
15 Dec 24	Steven Freishtat	Common Stock	Payment of exercise	Dispose F	No	No	16.34	740	12.09 k	41,186
15 Dec 24	Steven Freishtat	Common Stock	Payment of exercise	Dispose F	No	No	16.34	1,333	21.78 k	41,926
15 Dec 24	Susan Lilly Gerock	Common Stock	Payment of exercise	Dispose F	No	No	16.34	1,019	16.65 k	57,391
15 Dec 24	Susan Lilly Gerock	Common Stock	Payment of exercise	Dispose F	No	No	16.34	1,000	16.34 k	58,410
15 Dec 24	Susan Lilly Gerock	Common Stock	Payment of exercise	Dispose F	No	No	16.34	690	11.27 k	59,410