Elme munities(ELME)
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Top 3 Real Estate Stocks That Could Blast Off In February - Elme (NYSE:ELME), Wheeler Real Estate IT (NASDAQ:WHLR)
Benzinga· 2026-02-09 13:41
The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro.Here's the latest list of major oversold players ...
Top 3 Real Estate Stocks That Could Blast Off In February
Benzinga· 2026-02-09 13:41
The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro.Here's the latest list of major oversold players ...
TTM Technologies, Dutch Bros, Advanced Energy Industries, and American Healthcare REIT Set to Join S&P MidCap 400; Others to Join S&P SmallCap 600





Prnewswire· 2026-01-27 23:02
Index Changes - S&P Dow Jones Indices will implement changes to the S&P MidCap 400 and S&P SmallCap 600 indices effective January 30 and February 2, 2026 [1][3] - TTM Technologies (TTMI) will be added to the S&P MidCap 400, replacing Civitas Resources (CIVI), which is being acquired by SM Energy [1][3] - Amneal Pharmaceuticals (AMRX) will be added to the S&P SmallCap 600, replacing TTM Technologies [1][3] - Dutch Bros (BROS), Advanced Energy Industries (AEIS), and American Healthcare REIT (AHR) will be added to the S&P MidCap 400 on February 2, 2026, with Comerica (CMA), Cadence Bank (CADE), and PotlatchDeltic (PCH) being removed [1][3] - Apellis Pharmaceuticals (APLS) and LegalZoom.com (LZ) will be added to the S&P SmallCap 600, replacing Advanced Energy Industries and Elme Communities (ELME), respectively [1][3] Acquisition Details - SM Energy is acquiring Civitas Resources, and the deal is expected to close soon, with SM Energy remaining in the S&P SmallCap 600 post-merger [3] - Rayonier is acquiring PotlatchDeltic, and will remain in the S&P MidCap 400 after the merger [3] - Fifth Third Bancorp is acquiring Comerica, which will also remain in the S&P MidCap 400 post-acquisition [3] - Huntington Bancshares is acquiring Cadence Bank, with Cadence being removed from the S&P MidCap 400 [3] - Elme Communities is undergoing liquidation activities, making it no longer suitable for the S&P SmallCap 600 [3]
Elme Communities Provides Update On Liquidation Activities
Globenewswire· 2026-01-23 21:15
Company has entered into purchase and sale agreements covering three of the remaining 10 properties expected to close in first quarter 2026Continues to target completing all remaining sales by mid-year 2026Updates range of total estimated liquidating distributions to $17.02 - $17.47 per share (including the initial $14.67 per share distribution paid in January 2026) BETHESDA, Md., Jan. 23, 2026 (GLOBE NEWSWIRE) -- Elme Communities (“Elme” or the “Company”) (NYSE: ELME) today provided an update regarding the ...
Elme Communities Announces Income Tax Treatment of Its 2025 Dividend Distribution
Globenewswire· 2026-01-21 21:15
Core Viewpoint - Elme Communities has announced the income tax treatment of its 2025 dividend distributions, providing final income allocations for shareholders [1]. Dividend Distribution Summary - The gross dividend paid per share for each distribution in 2025 is $0.18000 [2]. - The taxable income per share for each distribution is $0.03688, which is consistent across all four distributions [2]. - The total gross dividend for 2025 amounts to $0.72000, with a total taxable income of $0.14752 [2]. - The Section 199A dividends per share also total $0.14752, indicating a 20.488% taxable income ratio [2]. - The non-dividend distribution per share totals $0.57248, representing 79.512% of the total gross dividend [2]. Company Overview - Elme Communities operates as a multifamily real estate investment trust, focusing on apartment homes in the Washington, DC metro and Atlanta metro areas [3].
Elme Communities: Value In Liquidation
Seeking Alpha· 2026-01-08 21:44
Core Viewpoint - Elme Communities (ELME) experienced a significant stock price decline of over 80%, attributed to a substantial special dividend as the company is exiting its current operations [1] Company Summary - Elme Communities is a Real Estate Investment Trust (REIT) that is undergoing a transition, leading to the drastic stock price movement [1] - The special dividend is a key factor in the stock's volatility, indicating a strategic shift in the company's operations [1]
This REIT Is Down 60% Since 2006, but a $9.2 Million Bet Says There’s Still Value
Yahoo Finance· 2025-12-17 22:10
Core Insights - Elme Communities is focused on strategic property management and redevelopment in the Washington Metro area, leveraging its experience to create value through diversified asset types and prime locations [1] - As of Wednesday, shares of Elme Communities were priced at $17.41, reflecting a 10% increase over the past year, although this performance lags behind the S&P 500's 12% increase during the same period [1] Investment Position - DSC Meridian Capital LP reported a new position in Elme Communities, acquiring 543,081 shares valued at $9.2 million as of September 30, representing about 1.9% of its overall assets under management [2] Operational Performance - Elme Communities is navigating a transition, with shares approximately 60% below mid-2000s levels, indicating years of underperformance [3] - The company's same-store multifamily occupancy averaged 94.4% in the third quarter, with average effective monthly rent per home increasing by 1.1% year over year [3] Financial Metrics - Core FFO for the quarter was $0.22 per diluted share, remaining flat from the previous year, highlighting stable cash flow despite rising expenses [4] - Elme Communities has $321 million in available liquidity and no secured debt, providing financial flexibility [4] Strategic Moves - The company sold 19 multifamily communities for approximately $1.6 billion in November, which may indicate a shift towards a liquidation value thesis rather than a traditional REIT investment approach [4] - The potential for patient investors lies in the bounded downside risk and the importance of execution over mere rent growth [4]
Elme Communities Declares Initial Special Liquidating Distribution
Globenewswire· 2025-11-25 22:36
Core Points - Elme Communities has announced a special liquidating distribution of $14.67 per share, to be paid on January 7, 2026, to shareholders of record as of December 22, 2025 [1][2] - This distribution follows the completion of the sale of Elme's 19-property portfolio on November 12, 2025, and is part of a voluntary Plan of Sale and Liquidation approved by shareholders [2][6] Distribution Details - The Special Dividend is more than 25% of the price of Elme's common shares, leading to the NYSE advising that shares will trade with "due bills" from December 22, 2025, to January 7, 2026 [3][4] - Investors must hold shares through the payment date to be eligible for the Special Dividend, with the record date being used for due bill tracking [4][5] Tax Implications - Information regarding the expected U.S. federal income tax consequences of the Special Dividend and additional liquidating distributions is summarized in the Definitive Proxy filed on September 24, 2025 [6] Company Overview - Elme Communities is a multifamily real estate investment trust that owns and operates apartment homes in the Washington, DC metro and the Atlanta metro [7]
Elme Communities Completes Sale of 19 Multifamily Communities for $1.6 Billion
Globenewswire· 2025-11-13 00:21
Core Viewpoint - Elme Communities has completed the sale of 19 multifamily communities to Cortland Partners for $1.6 billion, marking a significant step in its Plan of Sale and Liquidation approved by shareholders [1][2]. Group 1: Portfolio Sale Details - The portfolio sale was finalized after receiving shareholder approval on October 30, 2025 [1]. - The sale is part of a broader strategy to liquidate all of the Company's assets, including nine remaining multifamily properties and Watergate 600 [2]. Group 2: Financial Arrangements - Following the portfolio sale, Elme entered into a loan agreement with Goldman Sachs for a senior secured term loan of $520 million, maturing on November 9, 2026, with a possible one-year extension [3]. - The term loan will be repaid using the net proceeds from the sales of the properties securing the loan [3]. Group 3: Shareholder Returns - Elme plans to return net proceeds from the portfolio sale and part of the new term loan to shareholders through an initial special liquidating distribution estimated between $14.50 and $14.82 per common share [4]. - The initial distribution is expected to be declared later this year and paid in January 2026, pending Board approval [4]. - Additional distributions may occur at the Board's discretion following future asset sales [4]. Group 4: Management's Focus - The Company aims to maximize shareholder value by monetizing remaining assets and plans to complete all remaining sales by June 2026 [5].
Elme Communities (ELME) Shareholder/Analyst Call Prepared Remarks Transcript
Seeking Alpha· 2025-10-30 20:46
Core Points - The special meeting of Elme Communities was called to order by the Lead Independent Trustee, Benjamin Butcher [1] - The meeting's rules and technical support information were provided to participants [2] - All members of the Board of Trustees and executive officers were present, highlighting the leadership strength of Elme Communities [3]