How to Buy Elme Communities Stock
Elme Communities
Elme Communities is a residential REIT company located in District Of Columbia, United States, which is part of the Real Estate sector, and is traded under the ticker ELME on the NYSE exchange.
Elme Communities stock last closed at $15.22, down 0.59% from the previous day, and has decreased 7.2% in one year. It has underperformed other stocks in the REIT - Residential industry by 0.09 percentage points. Elme Communities stock is currently +22.35% from its 52-week low of $12.44, and -11.46% from its 52-week high of $17.19.
At the moment, there are 88M shares of ELME outstanding. The market capitalization of ELME is $1.34B. In the last 24 hours, 586,803 ELME shares were traded.
How to Buy Elme Communities Stock
Not sure how to invest in Elme Communities stock? Here's how.
- Figure out where to buy Elme Communities stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you determine where to buy Elme Communities stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your investment account: Pick your payment method and add your information.
- Evaluate Elme Communities stock: The Elme Communities ticker symbol is ELME. Is Elme Communities stock a good investment? Should you buy shares of ELME? How do ELME's underlying business fundamentals look? Do top analysts think Elme Communities is a good buy? Why has ELME's stock price moved recently? (Hint: Our stock research tools can help you decide if ELME is a good stock to buy).
- Execute your ELME trade: Decide if you will purchase ELME shares at the current market price or use a limit order to buy ELME shares at a given price.
- Monitor your ELME investment: Create a watchlist to key updates about your position in Elme Communities shares.
Step 1: Figure out where to buy Elme Communities stock
You will need a brokerage account in order to access the NYSE market and buy ELME shares.
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Get $10 towards your share purchase by opening an account with eToro today.
Open eToro AccountStep 2: Open a brokerage account
Now that you've selected your brokerage, it's time to fill out some personal information so you are able to invest in ELME today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to start a new brokerage account.
- Send your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have filled out your info on the best stock app, your next step is to transfer the money for your investment:
Check out the video below for more details transferring money into your new brokerage account.
Step 4: Evaluate Elme Communities stock
Once you have selected the best place to buy Elme Communities stock, it's critical to evaluate their stock prior to buying, so you can wrap your head around the risk as well as the upside.
Elme Communities stock data
ELME Zen Score
WallStreetZen was designed to help average investors perform more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on ELME's stock page.
Is ELME stock undervalued?
Analysts use many financial metrics, analyses, models, and charts to gauge ELME's intrinsic value.
Using relative valuations ratios:
- ELME may be undervalued based on its P/B ratio of 1.18x, relative to REIT - Residential industry P/B ratio of 2.33x
You can do more valuation research on ELME's stock here.
ELME Financial Health
Positive Health Checks:
- Total ELME debt is lower than 5 years ago, relative to shareholder equity.
Negative Health Checks:
- ELME profit margin has gone down from -12.3% to -22.9% in the past year.
- ELME has a relatively high debt to equity ratio of 0.65.
Is Elme Communities stock a Buy, Hold, or Sell, according to analysts?
Out of 2 Equities analysts who monitor ELME, the consensus analyst rating on ELME is a Buy
Please note that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Elme Communities stock forecast page.
ELME Trading Indicators
Is ELME Growing Revenue?
Last year, ELME revenue was $231.62M. During the past five year, ELME's revenue has grown by -4.36% per year. This was slower than the REIT - Residential industry average of 7.6%.
Learn more about ELME's earnings and revenue performance here.
What are ELME executives and large shareholders up to?
In the past 12 months, insiders at ELME have sold more shares than they have bought.
Paul T. McDermott, President CEO Chairman of ELME, was the latest ELME insider to sell. They sold $177,937.62 worth of ELME shares on Feb 14, 2024.
Research more about who owns ELME stock here.
Does ELME provide a stable income stream?
Elme Communities pays a dividend of 4.73%, compared to the REIT - Residential industry's average dividend yield of 4.02%. If you owned $1,000 worth of ELME stock, you would have been paid $47.31 last year.
Elme Communities dividend payments have not consistently grown over the past decade and have not remained stable.
Find more info about Elme Communities dividend yield and history here.
ELME Social Trading Data
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Execute your ELME trade
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually sufficient. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at an exact price limit, place a limit order.
Click the Open button and your broker will execute your order.
If you require additional info about buying stocks on eToro, watch the helpful video below:
Step 6: Monitor your ELME investment
Now that you own some shares in ELME, you'll want to stay up-to-date on your shares.
Start a watchlist to keep tabs on your ELME stock.
ELME Feed
How to Buy Stock in Elme Communities
To summarize, here are the 6 steps for buying Elme Communities stock:
- Figure out where to buy Elme Communities stock
- Open a brokerage account
- Put funds into your investment account
- Evaluate Elme Communities stock
- Execute your ELME trade
- Monitor your ELME investment
If you are looking for a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep tabs on your investment in Elme Communities, create a watchlist on WallStreetZen today.
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