Elme Communities (ELME) Scheduled to Post Quarterly Earnings on Wednesday

Elme Communities (NYSE:ELME) will issue its quarterly earnings data after the market closes on Wednesday, May 1st. Analysts expect the company to announce earnings of $0.23 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Elme Communities Stock Performance

Shares of ELME opened at $14.99 on Wednesday. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.67 and a quick ratio of 0.67. Elme Communities has a one year low of $12.44 and a one year high of $17.92. The firm has a market capitalization of $1.32 billion, a P/E ratio of -24.57 and a beta of 0.91. The business has a fifty day moving average of $13.80 and a 200 day moving average of $13.91.

Elme Communities Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 3rd. Investors of record on Wednesday, March 20th were issued a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 4.80%. The ex-dividend date of this dividend was Tuesday, March 19th. Elme Communities’s payout ratio is currently -118.03%.

Elme Communities Company Profile

Elme Communities is committed to elevating what home can be for middle-income renters by providing a higher level of quality, service, and experience. The Company is a multifamily real estate investment trust that owns and operates approximately 9,400 apartment homes in the Washington, DC metro and the Atlanta metro regions, and owns approximately 300,000 square feet of commercial space.