16.95
price up icon1.56%   0.26
 
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Elme Communities Stock (ELME) Forecast

The Elme Communities (ELME) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $11.93, representing a -29.59% decrease from the current price of $16.95. The highest analyst price target is $12.83, and the lowest is $11.04.

Note: Our forecast model does not currently account for dividend and stock split events. This means that our forecast may not be accurate for stocks that have recently experienced either of these events.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month ELME Price Target
Average 12.10 (-28.60% Downside)
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Is Elme Communities (ELME) A Buy Now?

Oscillators
Name Value Action
RSI(14) 54.24 Neutral
STOCH(9,6) 43.18 Neutral
STOCHRSI(14) 80.13 Sell
MACD(12,26) -0.1847 Buy
ADX(14) 18.17 Neutral
William %R -40.34 Neutral
CCI(14) 39.90 Neutral
Buy: 1 Sell: 1 Neutral: 5
Summary: Neutral
Moving Averages
Period Simple Exponential
MA10
16.24
Buy
16.49
Buy
MA20
16.67
Buy
16.61
Buy
MA50
17.02
Sell
16.85
Buy
MA100
17.03
Sell
16.73
Buy
MA200
15.86
Buy
16.19
Buy
Buy: 8 Sell: 2 Neutral: 0
Summary: Buy
According to our latest analysis, ELME could be considered a Strong Buy, with 17 technical analysis indicators signaling 9 Buy signals, 3 signaling Sell signals and 5 Neutral signals. This might be a good time to open fresh positions on ELME, as trading bullish markets is always a lot easier
  1. RSI (Relative Strength Index): The RSI(14) value of 54.24 indicates that ELME is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
  2. STOCH (Stochastic Oscillator): The STOCH value of 43.18 indicates that ELME is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 80.13 indicates that ELME is oversold. This suggests that ELME price is at or near the highest level relative to its recent price history.
  4. ADX (Average Directional Index): The ADX value of The ADX value of 18.17 indicates that there is no clear directional movement, and the market may be ranging or moving sideways.
  5. CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 39.9 indicates that ELME is not in oversold or overbought territory. It suggests a neutral sentiment in the short term.

Long-term ELME price forecast for 2025, 2030, 2035, 2040, 2045 and 2050

Based on our analysis about Elme Communities financial reports and earnings history, Elme Communities (ELME) stock could reach $5.0879 by 2030, $11.84 by 2040 and $26.81 by 2050. See the projected annual prices until 2050 of the Elme Communities stock below:

  • Elme Communities (ELME) is expected to reach an average price of $3.534 in 2035, with a high prediction of $4.413 and a low estimate of $4.164. This indicates an $-79.15% rise from the last recorded price of $16.95.
  • Elme Communities (ELME) stock is projected to chart a bullish course in 2040, with an average price target of $11.95, representing an $-29.50% surge from its current level. The forecast ranges from a conservative $12.10 to a sky-high $11.84.
  • Our analysts predict Elme Communities (ELME) to jump 8.61% by 2045, soaring from $18.92 to an average price of $18.41, potentially reaching $18.87. While $18.92 is the low estimate, the potential upside is significant.
  • Elme Communities (ELME) stock is expected to climb by 2050, reaching an average of $26.54, a $56.60% jump from its current level. However, a wide range of estimates exists, with high and low targets of $26.81 and $26.81, respectively, highlighting the market's uncertainty.

Elme Communities Stock (ELME) Year by Year Forecast

Elme Communities Stock (ELME) Price Forecast for 2024

Our forecast for ELME stock price in 2024 now indicates an average price target of $13.61 with a high forecast of $16.18 and a low forecast of $11.04. The average prediction reflects an decrease of -19.70% from the last recorded price of $16.95.
Month Average Low High Change from today's price
December, 2024 $11.81 $11.04 $12.83 -30.35%

Elme Communities Stock (ELME) Price Forecast for 2025

Elme Communities Stock (ELME) is expected to reach an average price of $12.10 in 2025, with a high prediction of $13.89 and a low estimate of $10.31. This indicates an -28.60% fall from the last recorded price of $16.95.
Month Average Low High Change from today's price
January, 2025 $11.08 $10.31 $12.23 -34.64%
February, 2025 $11.62 $10.63 $11.80 -31.47%
March, 2025 $12.51 $11.24 $13.01 -26.18%
April, 2025 $12.42 $11.74 $12.96 -26.75%
May, 2025 $11.19 $11.16 $12.75 -33.97%
June, 2025 $11.33 $10.70 $11.65 -33.15%
July, 2025 $12.85 $10.79 $13.29 -24.17%
August, 2025 $12.88 $12.63 $13.89 -24.01%
September, 2025 $13.05 $11.66 $13.68 -23.04%
October, 2025 $11.39 $11.14 $13.61 -32.81%
November, 2025 $11.52 $10.46 $12.05 -32.01%
December, 2025 $12.13 $10.90 $12.77 -28.44%

Elme Communities Stock (ELME) Price Forecast for 2026

The predicted value for Elme Communities (ELME) in 2026 is set at an average of $10.19. Estimates vary from a peak of $12.19 to a trough of $8.1869, indicating an -39.90% surge from the present price of $16.95.
Month Average Low High Change from today's price
January, 2026 $11.27 $10.92 $12.19 -33.48%
February, 2026 $11.03 $10.70 $11.65 -34.93%
March, 2026 $9.685 $9.685 $11.16 -42.86%
April, 2026 $8.6292 $8.4092 $10.17 -49.09%
May, 2026 $8.9545 $8.1869 $9.6845 -47.17%
June, 2026 $9.4499 $8.5222 $9.6599 -44.25%
July, 2026 $10.61 $9.1587 $10.92 -37.38%
August, 2026 $10.09 $9.6679 $10.89 -40.48%
September, 2026 $8.8835 $8.6635 $10.70 -47.59%
October, 2026 $9.8789 $8.6824 $9.9189 -41.72%
November, 2026 $11.03 $9.2677 $11.28 -34.90%
December, 2026 $11.02 $9.3733 $11.60 -35.01%

Elme Communities Stock (ELME) Price Forecast for 2027

For 2027, Stockscan's Analyst expects the average price target for Elme Communities (ELME) is $8.73, with a high forecast of $11.40 and a low forecast of $6.0603. This indicates an -48.50% decrease from the last price of $16.95.
Month Average Low High Change from today's price
January, 2027 $10.44 $10.11 $11.40 -38.41%
February, 2027 $8.3825 $8.2125 $10.74 -50.55%
March, 2027 $9.1288 $8.259 $9.8173 -46.14%
April, 2027 $9.7718 $9.152 $10.56 -42.35%
May, 2027 $9.2048 $8.7315 $9.96 -45.69%
June, 2027 $8.391 $8.3452 $9.1413 -50.50%
July, 2027 $7.174 $6.744 $8.5293 -57.68%
August, 2027 $6.367 $6.267 $8.0263 -62.44%
September, 2027 $6.8133 $6.0603 $7.5668 -59.80%
October, 2027 $8.2563 $6.827 $8.8263 -51.29%
November, 2027 $8.3793 $7.5943 $8.646 -50.56%
December, 2027 $7.9555 $7.6255 $8.8258 -53.06%

Elme Communities Stock (ELME) Price Forecast for 2028

In 2028, Elme Communities (ELME) is projected to reach an average price of $6.7157, with a high projection of $9.4978 and a low estimate of $3.9337. This indicates an -60.38% fall from the last price of $16.95.
Month Average Low High Change from today's price
January, 2028 $7.4385 $6.622 $7.9688 -56.11%
February, 2028 $8.0815 $6.735 $8.1515 -52.32%
March, 2028 $8.8763 $8.2548 $9.4978 -47.63%
April, 2028 $8.923 $7.0877 $9.31 -47.36%
May, 2028 $7.4213 $7.1413 $9.0783 -56.22%
June, 2028 $6.652 $5.9667 $7.499 -60.76%
July, 2028 $7.5627 $6.1997 $7.8477 -55.38%
August, 2028 $7.461 $7.1584 $8.348 -55.98%
September, 2028 $6.6717 $6.3417 $7.4387 -60.64%
October, 2028 $6.2324 $5.9324 $6.8794 -63.23%
November, 2028 $5.2607 $4.5954 $6.355 -68.96%
December, 2028 $4.7114 $3.9337 $5.3634 -72.20%

Elme Communities Stock (ELME) Price Forecast for 2029

The 2029 price forecast for Elme Communities Stock (ELME) is $5.6123 on average, with a high prediction of $7.5037 and a low estimate of $3.7208. This represents an -66.89% decrease from the previous price of $16.95.
Month Average Low High Change from today's price
January, 2029 $5.2497 $4.3044 $5.4597 -69.03%
February, 2029 $5.9504 $4.9674 $6.735 -64.89%
March, 2029 $6.221 $5.5207 $6.761 -63.30%
April, 2029 $5.0517 $5.0167 $6.5941 -70.20%
May, 2029 $5.4601 $4.5794 $5.7301 -67.79%
June, 2029 $6.8307 $5.2354 $7.2531 -59.70%
July, 2029 $6.01 $5.765 $7.5037 -64.54%
August, 2029 $6.5804 $4.8021 $6.8463 -61.18%
September, 2029 $4.6388 $4.3888 $6.5975 -72.63%
October, 2029 $4.6592 $3.7208 $5.3521 -72.51%
November, 2029 $5.4975 $4.2313 $6.1375 -67.57%
December, 2029 $4.6959 $4.3459 $5.5696 -72.30%

Elme Communities Stock (ELME) Price Forecast for 2030

Elme Communities Stock (ELME) is expected to reach an average price of $3.6584 in 2030, with a high forecast of $5.5097 and a low forecast of $1.8071. This signifies an -78.42% decrease from the last price of $16.95.
Month Average Low High Change from today's price
January, 2030 $4.3963 $4.1621 $5.0879 -74.06%
February, 2030 $2.8746 $2.6646 $4.3884 -83.04%
March, 2030 $2.223 $2.003 $3.7378 -86.89%
April, 2030 $2.6013 $1.8071 $3.3313 -84.65%
May, 2030 $4.0117 $2.1955 $4.5117 -76.33%
June, 2030 $4.3801 $3.528 $4.6438 -74.16%
July, 2030 $4.1805 $3.4471 $4.6963 -75.34%
August, 2030 $2.7688 $2.5367 $4.5426 -83.66%
September, 2030 $3.8172 $2.5809 $3.8572 -77.48%
October, 2030 $5.1676 $3.2192 $5.2676 -69.51%
November, 2030 $4.173 $2.5165 $5.5097 -75.38%
December, 2030 $3.649 $3.319 $4.5695 -78.47%
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