ELME
Elme Communities Real Estate - Residential Investor Relations →
Elme Communities (ELME) closed at $2.01 as of 2026-06-19, trading 13.0% below its 200-week moving average of $2.31. This places ELME in the extreme value zone. The stock is currently moving closer to the line, down from -12.3% last week. The 14-week RSI sits at 44, indicating neutral momentum.
Trading volume is running at 1.1x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.83 ratio) is neutral — neither side is clearly dominating.
Over the past 2365 weeks of data, ELME has crossed below its 200-week moving average 32 times. On average, these episodes lasted 18 weeks. Historically, investors who bought ELME at the start of these episodes saw an average one-year return of +5.9%.
With a market cap of $179 million, ELME is a small-cap stock. The stock trades at 0.2x book value.
Over the past 33.5 years, a hypothetical investment of $100 in ELME would have grown to $344, compared to $3097 for the S&P 500. ELME has returned 3.8% annualized vs 10.8% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 2.2% compound annual rate, with 4 consecutive years of positive cash generation. A business generating more cash every year while trading below its 200-week moving average is exactly the kind of disconnect value investors look for.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: ELME vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After ELME Crosses Below the Line?
Across 27 historical episodes, buying ELME when it crossed below its 200-week moving average produced an average return of +3.9% after 12 months (median +0.0%), compared to +8.6% for the S&P 500 over the same periods. 48% of those episodes were profitable after one year. After 24 months, the average return was +7.2% vs +27.5% for the index.
Each line shows $100 invested at the moment ELME crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Dislocation Scores Experimental
Each score measures deviation from ELME's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. They are starting points for research, not buy or sell signals. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
Historical Touches
ELME has crossed below its 200-week MA 32 times with an average 1-year return of +5.9% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Sep 1981 | Oct 1981 | 3 | 16.2% | -7.6% | +2454.1% |
| Oct 1981 | Oct 1981 | 1 | 1.5% | +18.7% | +2406.4% |
| Dec 1981 | Dec 1981 | 1 | 1.7% | +17.8% | +2406.4% |
| Dec 1981 | Sep 1982 | 39 | 11.1% | +21.0% | +2454.1% |
| Aug 1990 | Nov 1990 | 12 | 12.8% | +39.1% | +671.7% |
| Nov 1994 | Jun 1996 | 85 | 14.7% | +5.6% | +328.2% |
| Jul 1996 | Oct 1996 | 14 | 3.2% | +18.1% | +271.4% |
| Dec 1999 | Dec 1999 | 3 | 1.2% | +65.6% | +228.4% |
| Jul 2007 | Aug 2007 | 2 | 2.9% | +18.0% | +6.1% |
| Dec 2007 | Dec 2007 | 1 | 1.7% | -9.7% | +2.7% |
| Dec 2007 | Jan 2008 | 4 | 12.1% | -0.1% | +6.0% |
| Jun 2008 | Jul 2008 | 3 | 4.0% | -21.6% | -1.3% |
| Oct 2008 | Mar 2010 | 72 | 48.9% | +4.5% | +3.2% |
| May 2010 | Jun 2010 | 1 | 0.6% | +28.6% | -3.2% |
| Nov 2011 | Nov 2011 | 1 | 1.3% | +5.1% | -4.8% |
| Nov 2012 | Nov 2012 | 2 | 2.8% | +2.0% | -8.3% |
| Jun 2013 | Jun 2013 | 1 | 1.2% | +7.5% | -13.4% |
| Aug 2013 | Oct 2013 | 9 | 7.2% | +14.9% | -9.2% |
| Nov 2013 | May 2014 | 29 | 13.3% | +18.7% | -10.1% |
| Aug 2015 | Sep 2015 | 2 | 2.5% | +43.1% | -15.3% |
| Feb 2018 | Mar 2018 | 7 | 5.9% | +1.7% | -30.7% |
| Nov 2018 | Mar 2019 | 14 | 14.8% | +20.5% | -34.1% |
| May 2019 | Jun 2019 | 3 | 2.5% | -27.3% | -35.8% |
| Jun 2019 | Jul 2019 | 1 | 1.3% | -14.7% | -35.8% |
| Jul 2019 | Sep 2019 | 8 | 4.3% | -15.0% | -36.7% |
| Feb 2020 | May 2021 | 66 | 32.1% | -11.6% | -37.4% |
| Jun 2021 | Jul 2021 | 3 | 6.3% | -1.0% | -31.0% |
| Feb 2022 | Feb 2022 | 2 | 0.9% | -15.9% | -34.6% |
| May 2022 | May 2022 | 3 | 3.2% | -24.5% | -33.0% |
| Jun 2022 | Aug 2025 | 165 | 35.4% | -25.1% | -30.3% |
| Jan 2026 | Jan 2026 | 1 | 81.2% | N/A | +343.9% |
| Jan 2026 | Ongoing | 21+ | 14.7% | Ongoing | -8.6% |
| Average | 18 | — | +5.9% | — |
Frequently Asked Questions
Is ELME below its 200-week moving average?
Yes. As of 2026-06-19, Elme Communities (ELME) is trading 13.0% below its 200-week moving average of $2.31. The current price is $2.01.
What is ELME's 200-week moving average price?
Elme Communities's 200-week moving average is $2.31 as of 2026-06-19. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when ELME drops below its 200-week moving average?
ELME has crossed below its 200-week moving average 32 times in our data. On average, buying at that moment produced a one-year return of +5.9%. These dips have historically been decent entry points. These episodes lasted 18 weeks on average.
Is ELME a good value right now?
Here's what our data says about ELME as of 2026-06-19: The stock is below its 200-week moving average, which is the starting point for our analysis. The 14-week RSI is 44. Price-to-book is 0.2x. This is not a buy or sell recommendation — always do your own research.
How does ELME compare to the S&P 500?
Over the past 33.5 years, $100 invested in ELME would have grown to $344, compared to $3097 for the S&P 500. That's 3.8% annualized vs 10.8% for the index. ELME has underperformed the broader market over this period.
Does ELME pay a dividend?
Yes. Elme Communities currently pays a dividend yield of 3564.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-06-19