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

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

Elme Communities Stock Down 0.3 %

Shares of NYSE:ELME opened at $14.99 on Wednesday. Elme Communities has a 12 month low of $12.44 and a 12 month high of $17.92. The company’s 50-day moving average price is $13.80 and its two-hundred day moving average price is $13.91. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.59. The firm has a market cap of $1.32 billion, a P/E ratio of -24.57 and a beta of 0.91.

Elme Communities Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 3rd. Shareholders of record on Wednesday, March 20th were issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 4.80%. The ex-dividend date was Tuesday, March 19th. Elme Communities’s dividend 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.