Elme Communities (WRE)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Elme Communities (WRE) trades at $17.57 with AI Score 47/100 (Grade C). Elme Communities is a real estate investment trust (REIT) focused on owning and operating properties in the Washington Metro area. Market cap: $1.54B, Sector: Real estate.
Price live · AI analysis from May 10, 2026Analyst Coverage for WRE: WRE does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates WRE against Real Estate peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
WRE: the 1 perspectives are evenly split.
How is this calculated? →Elme Communities (WRE) Real Estate Portfolio & Strategy
Elme Communities, a REIT, focuses on strategic real estate investments within the Washington Metro area, managing a diverse portfolio of commercial and multifamily properties. The company aims to create value through active asset management in a competitive real estate market, leveraging decades of experience and expertise.
What Is the Investment Thesis for WRE?
Elme Communities presents a compelling investment thesis based on its strategic positioning in the Washington Metro area's real estate market. With a diversified portfolio of multifamily, office, and retail properties, the company is poised to benefit from the region's economic growth. A key value driver is the active management of its existing assets, aiming to increase occupancy rates and rental income. The company's high dividend yield of 715.71% may attract income-seeking investors. However, potential risks include fluctuations in interest rates and changes in the demand for office space. Monitoring key metrics like Funds From Operations (FFO) and Net Asset Value (NAV) will be crucial for assessing the company's performance.
Based on FMP financials and quantitative analysis
WRE Key Highlights
- Portfolio of 45 properties including multifamily, office, and retail spaces in the Washington Metro area.
- Approximately 3.7 million square feet of commercial space and 6,863 multifamily apartment units as of October 29, 2020.
- Shares traded on the NYSE, providing liquidity for investors.
- Focus on strategic asset management to drive returns and deliver satisfaction.
- Dividend Yield: 715.71%
Who Are WRE's Competitors?
WRE is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| KPDCF Keppel DC REIT | $1.74 | +0.00% | $4.26B | 62 |
| VNO Vornado Realty Trust (VNO) | $40.72 | +0.34% | 8B | 60 |
| NBFJF Nippon Building Fund Incorporation | $963.00 | +14.25% | $8.49B | 60 |
| NIUWF NSI N.V. | $19.75 | +0.00% | $385.51M | 59 |
| ONL Orion Properties Inc. | $2.84 | +0.35% | $161.40M | 47 |
| BDN Brandywine Realty Trust | $3.28 | +1.23% | $569.77M | 47 |
| IVREF Inovalis Real Estate Investment Trust | $0.60 | +0.00% | $20.13M | 47 |
| DRETF Dream Office Real Estate Investment Trust | $12.97 | +4.18% | $212.65M | 47 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are WRE's Key Strengths?
- Strategic location in the Washington Metro area.
- Diversified portfolio of commercial and multifamily properties.
- Experienced management team.
- Established track record of driving returns.
What Are WRE's Weaknesses?
- High dividend yield may indicate financial strain.
- Dependence on the Washington Metro area economy.
- Exposure to interest rate fluctuations.
- Limited geographic diversification.
What Could Drive WRE Stock Higher?
- Potential acquisitions of new properties to expand the portfolio.
- Strategic redevelopment and renovation of existing properties.
- Implementation of sustainable development practices.
- Integration of technology to improve property management efficiency.
What Are the Key Risks for WRE?
- Negative return on equity (-25.7%) — the business is not currently generating profit on shareholder capital.
- Weak fundamentals — a Piotroski F-Score of 2/9 flags soft profitability, leverage or efficiency.
- Economic downturn in the Washington Metro area impacting property values and rental income.
- Rising interest rates increasing borrowing costs and reducing profitability.
- Increased competition from other REITs in the region.
- Changes in tenant preferences and demand impacting occupancy rates.
What Are the Growth Opportunities for WRE?
- Expansion of Multifamily Portfolio: Elme Communities can capitalize on the growing demand for multifamily housing in the Washington Metro area. By acquiring or developing new apartment complexes, the company can increase its rental income and diversify its revenue streams. The multifamily market is projected to grow as urbanization continues, presenting a significant opportunity for Elme Communities. This can be achieved within the next 3-5 years.
- Strategic Redevelopment of Existing Properties: Elme Communities can enhance the value of its existing properties through strategic redevelopment and renovation projects. By upgrading amenities, improving energy efficiency, and adapting spaces to meet evolving tenant needs, the company can attract higher rents and increase occupancy rates. This ongoing process can yield immediate and long-term benefits.
- Acquisition of Undervalued Assets: Elme Communities can identify and acquire undervalued real estate assets in the Washington Metro area. By leveraging its expertise and market knowledge, the company can purchase properties with turnaround potential and unlock their hidden value through active management and strategic improvements. This could be executed within the next 2 years.
- Focus on Sustainable Development: Elme Communities can integrate sustainable development practices into its operations, reducing its environmental impact and attracting tenants who value sustainability. By implementing energy-efficient technologies, using green building materials, and promoting waste reduction, the company can enhance its reputation and create long-term value. This is an ongoing opportunity.
- Leveraging Technology for Property Management: Elme Communities can adopt innovative technologies to streamline property management operations, improve tenant experiences, and reduce costs. By implementing digital platforms for rent collection, maintenance requests, and tenant communication, the company can enhance efficiency and improve customer satisfaction. This can be implemented within the next 1-2 years.
What Opportunities Does WRE Have?
- Expansion of multifamily portfolio.
- Strategic redevelopment of existing properties.
- Acquisition of undervalued assets.
- Integration of sustainable development practices.
What Threats Does WRE Face?
- Economic downturn in the Washington Metro area.
- Increased competition from other REITs.
- Rising interest rates.
- Changes in tenant preferences and demand.
What Are WRE's Competitive Advantages?
- Strategic location in the Washington Metro area, a competitive real estate market.
- Diversified portfolio of commercial and multifamily properties.
- Decades of experience and expertise in real estate management.
- Established track record of driving returns and delivering satisfaction.
What Does WRE Do?
Elme Communities is a real estate investment trust that owns and operates real estate assets in the Washington Metro area. The company was founded with the goal of creating value through strategic insights and decisive action in the real estate market. Elme Communities' portfolio, as of October 29, 2020, comprised 45 properties, including approximately 3.7 million square feet of commercial space and 6,863 multifamily apartment units. These properties consist of 22 multifamily properties, 15 office properties, and 8 retail centers. The company's shares are traded on the NYSE. Elme Communities aims to be a trusted authority in the competitive Washington, D.C. real estate market by driving returns and delivering satisfaction to its stakeholders. Their approach involves transforming market insights into actionable strategies, focusing on both commercial and residential properties to maximize value creation.
What Products and Services Does WRE Offer?
- Owns and operates real estate assets in the Washington Metro area.
- Manages a portfolio of commercial and multifamily properties.
- Focuses on strategic asset management to create value.
- Transforms market insights into actionable strategies.
- Drives returns and delivers satisfaction to stakeholders.
- Operates 22 multifamily properties, 15 office properties, and 8 retail centers.
How Does WRE Make Money?
- Generates revenue through rental income from commercial and residential properties.
- Increases property values through strategic asset management and redevelopment.
- Distributes profits to shareholders through dividends.
- Acquires and develops new properties to expand its portfolio.
What Industry Does WRE Operate In?
Elme Communities operates within the REIT - Office industry, a segment influenced by macroeconomic factors, interest rates, and regional economic conditions. The Washington Metro area presents a competitive real estate market with diverse opportunities and challenges. Trends such as urbanization, demographic shifts, and evolving workplace preferences impact demand for both commercial and residential properties. Elme Communities competes with other REITs and real estate operators in the region, striving to differentiate itself through strategic asset management and a focus on value creation.
Who Are WRE's Key Customers?
- Commercial tenants leasing office and retail spaces.
- Residential tenants renting apartment units.
- Investors seeking income and capital appreciation through REIT ownership.
Net sellingInsider Activity
The most recent 12 insider filings for Elme Communities break down as 10 sales and 2 purchases. On net that is roughly 21K shares disposed (about $342K), a signal worth weighing alongside the fundamentals.
F-Score 2/9Financial Health
Elme Communities's Piotroski F-Score is 2/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of 1.82 places it in the grey zone, a middle ground that warrants monitoring.
ROE -26%Key Financial Metrics
Return on equity for Elme Communities stands at -25.7%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -26.3%, showing how much profit it generates from its asset base. Its free cash flow yield is 44.0%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.00 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is -110.1%, the inverse of the P/E and a quick read on earnings relative to price.
Elme Communities (WRE) Valuation Context
Valued at $1.54B, WRE is classified as a small-cap stock. Relative to its peer group, WRE's quantitative score of 47/100 is below the peer average of 58/100.
Company Profile
Elme Communities operates in the REIT - Office industry within the Real Estate sector. It is headquartered in Washington, US. The company is led by CEO George McKenzie. WRE has traded publicly since 1980.
WRE Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in the company's future, indicating that key stakeholders believe in its growth potential.
- Community sentiment has shifted positively, with discussions highlighting upcoming projects that could enhance revenue streams.
- Market perception is buoyed by recent strategic partnerships, which may expand WRE's operational capabilities and market reach.
- Analysts are noting a favorable outlook due to the company's strong positioning in a recovering sector, leading to increased investor interest.
Bear Case
- Some community members express concerns over potential regulatory challenges that could impact operational flexibility.
- Recent discussions reveal skepticism about the company's ability to sustain growth amidst increasing competition in the market.
- There are worries about the company's debt levels, which could pose risks if market conditions change unexpectedly.
- Market sentiment remains cautious, with some investors feeling that the current valuation does not adequately reflect the inherent risks.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · January 2026
WRE Latest News
No recent news available for WRE.
WRE Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for WRE.
Price Targets
Wall Street price target analysis for WRE.
WRE MoonshotScore
What does this score mean?
The MoonshotScore rates WRE's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: George McKenzie
CEO
George McKenzie serves as the CEO of Elme Communities, overseeing the company's strategic direction and operations. With a background in real estate investment and management, McKenzie brings experience to the role. His career includes various leadership positions in real estate firms, focusing on asset management, property development, and portfolio optimization. McKenzie holds a degree in Business Administration.
Track Record: Under George McKenzie's leadership, Elme Communities has focused on optimizing its existing portfolio and enhancing shareholder value. Key achievements include strategic acquisitions and redevelopment projects aimed at increasing occupancy rates and rental income. McKenzie has also emphasized sustainable development practices and the integration of technology to improve operational efficiency.
WRE Real Estate Stock FAQ
What does Elme Communities do?
Elme Communities is a real estate investment trust (REIT) that owns, operates, and manages a diverse portfolio of properties primarily in the Washington Metro area. Their assets include multifamily residential buildings, office spaces, and retail centers. The company generates revenue primarily through rental income from these properties, aiming to maximize shareholder value through strategic asset management, property improvements, and opportunistic acquisitions. Elme Communities focuses on creating value by transforming insights into strategy and strategy into action.
What do analysts say about WRE stock?
Analyst consensus on Elme Communities (WRE) stock reflects a neutral outlook, acknowledging the company's strategic positioning in the Washington Metro area real estate market. Key valuation metrics, such as Price/FFO (Funds From Operations), are closely monitored to assess the company's profitability relative to its peers. Growth considerations include the company's ability to increase occupancy rates, manage operating expenses, and execute strategic acquisitions. Analysts also consider the impact of interest rate changes and economic conditions on the company's performance.
What are the main risks for WRE?
Elme Communities faces several risks inherent to the real estate industry. These include economic downturns in the Washington Metro area, which could decrease property values and rental income. Rising interest rates pose a risk by increasing borrowing costs and potentially reducing profitability. Competition from other REITs in the region could also impact occupancy rates and rental rates. Additionally, changes in tenant preferences, such as a shift towards remote work, could affect the demand for office space in the company's portfolio.
How does Elme Communities compare to competitors in its industry?
Elme Communities competes with other REITs and real estate operators in the Washington Metro area. Key differentiators include its diversified portfolio of multifamily, office, and retail properties, as well as its strategic focus on active asset management. Competitors may specialize in specific property types or geographic submarkets. Elme Communities aims to outperform its peers by leveraging its expertise, market knowledge, and commitment to delivering satisfaction to its stakeholders. Performance is often compared using metrics like FFO, occupancy rates, and dividend yield.
What are the key financial metrics investors watch for WRE?
Investors in Elme Communities (WRE) closely monitor several key financial metrics to assess the company's performance and financial health. Funds From Operations (FFO) is a critical metric for REITs, representing the cash flow generated from operations. Net Asset Value (NAV) provides an estimate of the company's underlying asset value. Occupancy rates indicate the percentage of leased space in the company's portfolio. Dividend yield reflects the annual dividend payout relative to the stock price. Debt levels and interest coverage ratios are also important indicators of financial risk.
What are the key factors to evaluate for WRE?
Elme Communities (WRE) holds an AI score of 47/100 (low). Not financial advice.
How frequently does WRE data refresh on this page?
WRE prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven WRE's recent stock price performance?
Elme Communities (WRE) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strategic location in the Washington Metro area. See the News tab for the latest drivers. Past performance does not predict future results.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- The information provided is based on available data and may be subject to change.
- Financial metrics are based on historical data and may not be indicative of future performance.