ELME
Elme Communities Real Estate - Residential Investor Relations →
Elme Communities (ELME) closed at $1.66 as of 2026-09-11, trading 26.9% below its 200-week moving average of $2.27. This places ELME in the extreme value zone. The stock is currently moving closer to the line, down from -25.7% last week. The 14-week RSI sits at 31, indicating neutral momentum.
Over the past 14 weeks, down-weeks have had more trading volume than up-weeks (0.63 buyers-vs-sellers ratio). That means when people are active, they're more often selling than buying. Sellers are still more in control than buyers.
Over the past 2377 weeks of data, ELME has crossed below its 200-week moving average 31 times. On average, these episodes lasted 19 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 $148 million, ELME is a small-cap stock. The stock trades at 0.2x book value.
Over the past 33.8 years, a hypothetical investment of $100 in ELME would have grown to $284, compared to $3170 for the S&P 500. ELME has returned 3.1% annualized vs 10.8% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 2.2% compound annual rate, with 4 consecutive years of positive cash generation. A business generating more cash every year while trading below its 200-week moving average is exactly the kind of disconnect value investors look for.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($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 26 historical episodes, buying ELME when it crossed below its 200-week moving average produced an average return of +4.2% after 12 months (median +0.0%), compared to +6.6% 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 +7.9% vs +25.0% 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. Each one is an analysis point, a reason to open the filings. 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 31 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% | +2009.4% |
| Oct 1981 | Oct 1981 | 1 | 1.5% | +18.7% | +1969.9% |
| Dec 1981 | Dec 1981 | 1 | 1.7% | +17.8% | +1969.9% |
| Dec 1981 | Sep 1982 | 39 | 11.1% | +21.0% | +2009.4% |
| Sep 1990 | Nov 1990 | 10 | 12.8% | +38.4% | +536.6% |
| Nov 1994 | Oct 1996 | 103 | 14.8% | +5.6% | +253.7% |
| Dec 1999 | Dec 1999 | 1 | 1.3% | +65.7% | +170.5% |
| Jul 2007 | Aug 2007 | 2 | 3.0% | +18.0% | -12.4% |
| Dec 2007 | Dec 2007 | 1 | 0.4% | -11.0% | -16.3% |
| Dec 2007 | Jan 2008 | 4 | 12.2% | -0.1% | -12.5% |
| Jun 2008 | Jul 2008 | 3 | 4.1% | -21.6% | -18.5% |
| Oct 2008 | Mar 2010 | 72 | 48.9% | +4.5% | -14.8% |
| May 2010 | Jun 2010 | 1 | 0.7% | +28.6% | -20.1% |
| Nov 2011 | Nov 2011 | 1 | 1.4% | +5.1% | -21.4% |
| Nov 2012 | Nov 2012 | 2 | 2.9% | +2.0% | -24.2% |
| Jun 2013 | Jun 2013 | 1 | 1.3% | +7.5% | -28.4% |
| Aug 2013 | Oct 2013 | 9 | 7.3% | +14.9% | -25.0% |
| Nov 2013 | May 2014 | 29 | 12.5% | +18.7% | -25.7% |
| Apr 2015 | May 2015 | 1 | 0.0% | +21.4% | -31.5% |
| Aug 2015 | Sep 2015 | 2 | 2.6% | +43.1% | -30.0% |
| Feb 2018 | Mar 2018 | 7 | 6.0% | +1.7% | -42.7% |
| Nov 2018 | Mar 2019 | 14 | 14.9% | +20.5% | -45.6% |
| May 2019 | Jun 2019 | 3 | 2.5% | -27.3% | -47.0% |
| Jun 2019 | Jul 2019 | 1 | 1.4% | -14.7% | -46.9% |
| Jul 2019 | Sep 2019 | 8 | 4.4% | -15.0% | -47.7% |
| Feb 2020 | May 2021 | 66 | 32.1% | -11.6% | -48.3% |
| Jun 2021 | Jul 2021 | 3 | 6.4% | -1.0% | -43.0% |
| Feb 2022 | Feb 2022 | 2 | 1.0% | -15.9% | -46.0% |
| May 2022 | May 2022 | 3 | 3.2% | -24.5% | -44.7% |
| Jun 2022 | Aug 2025 | 165 | 35.5% | -25.1% | -42.4% |
| Jan 2026 | Ongoing | 33+ | 36.2% | Ongoing | -24.5% |
| Average | 19 | — | +5.9% | — |
Frequently Asked Questions
Is ELME below its 200-week moving average?
Yes. As of 2026-09-11, Elme Communities (ELME) is trading 26.9% below its 200-week moving average of $2.27. The current price is $1.66.
What is ELME's 200-week moving average price?
Elme Communities's 200-week moving average is $2.27 as of 2026-09-11. 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 31 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 19 weeks on average.
Is ELME a good value right now?
Here's what our data says about ELME as of 2026-09-11: The stock is below its 200-week moving average, which is the starting point for our analysis. The 14-week RSI is 31. 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 33.8 years, $100 invested in ELME would have grown to $284, compared to $3170 for the S&P 500. That's 3.1% 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 4337.00%.
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 2026-09-11