ELME
Price
$16.31
Change
-$0.25 (-1.51%)
Updated
Nov 15, 03:08 PM (EDT)
90 days until earnings call
IRT
Price
$20.94
Change
+$0.09 (+0.43%)
Updated
Nov 15, 03:29 PM (EDT)
89 days until earnings call
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ELME vs IRT

Header iconELME vs IRT Comparison
Open Charts ELME vs IRTBanner chart's image
Elme Communities
Price$16.31
Change-$0.25 (-1.51%)
Volume$3K
CapitalizationN/A
Independence Realty Trust
Price$20.94
Change+$0.09 (+0.43%)
Volume$100
CapitalizationN/A
ELME vs IRT Comparison Chart
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ELME
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
IRT
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
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VS
ELME vs. IRT commentary
Nov 15, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is ELME is a StrongBuy and IRT is a Hold.

COMPARISON
Comparison
Nov 15, 2024
Stock price -- (ELME: $16.56 vs. IRT: $20.85)
Brand notoriety: ELME and IRT are both not notable
Both companies represent the Real Estate Investment Trusts industry
Current volume relative to the 65-day Moving Average: ELME: 161% vs. IRT: 110%
Market capitalization -- ELME: $1.22B vs. IRT: $3.52B
ELME [@Real Estate Investment Trusts] is valued at $1.22B. IRT’s [@Real Estate Investment Trusts] market capitalization is $3.52B. The market cap for tickers in the [@Real Estate Investment Trusts] industry ranges from $243.79B to $0. The average market capitalization across the [@Real Estate Investment Trusts] industry is $5.37B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

ELME’s FA Score shows that 0 FA rating(s) are green whileIRT’s FA Score has 1 green FA rating(s).

  • ELME’s FA Score: 0 green, 5 red.
  • IRT’s FA Score: 1 green, 4 red.
According to our system of comparison, IRT is a better buy in the long-term than ELME.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

ELME’s TA Score shows that 2 TA indicator(s) are bullish while IRT’s TA Score has 6 bullish TA indicator(s).

  • ELME’s TA Score: 2 bullish, 6 bearish.
  • IRT’s TA Score: 6 bullish, 3 bearish.
According to our system of comparison, IRT is a better buy in the short-term than ELME.

Price Growth

ELME (@Real Estate Investment Trusts) experienced а -4.06% price change this week, while IRT (@Real Estate Investment Trusts) price change was +1.56% for the same time period.

The average weekly price growth across all stocks in the @Real Estate Investment Trusts industry was -2.94%. For the same industry, the average monthly price growth was -4.83%, and the average quarterly price growth was +5.23%.

Reported Earning Dates

ELME is expected to report earnings on Feb 13, 2025.

IRT is expected to report earnings on Feb 12, 2025.

Industries' Descriptions

@Real Estate Investment Trusts (-2.94% weekly)

A real estate investment trust (REIT) is a company any that owns, and in most cases, operates, income-producing real estate – ranging from office and apartment buildings to warehouses, hospitals, shopping centers, hotels and timberlands. Some REITs are involved in financing real estate. Equity REITs invest in and own properties, while mortgage REITs own and invest in property mortgages. REITs are required by law to pay out at least 90% of their annual taxable income (excluding capital gains) to shareholders in the form of dividends. Some REITs could be more cyclical than others; for example, when an economy is undergoing a recession, hotel REITs could be more vulnerable, compared to say healthcare REIT given that healthcare needs are less likely to depend on economic cycles. American Tower Corporation, Prologis, Inc. and Crown Castle International Corp are some of the biggest REIT companies in the U.S.

SUMMARIES
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FUNDAMENTALS
Fundamentals
IRT($3.52B) has a higher market cap than ELME($1.22B). IRT YTD gains are higher at: 39.965 vs. ELME (17.517). IRT has higher annual earnings (EBITDA): 291M vs. ELME (66.4M). IRT has more cash in the bank: 22.9M vs. ELME (5.98M). ELME has less debt than IRT: ELME (679M) vs IRT (2.55B). IRT has higher revenues than ELME: IRT (661M) vs ELME (228M).
ELMEIRTELME / IRT
Capitalization1.22B3.52B35%
EBITDA66.4M291M23%
Gain YTD17.51739.96544%
P/E RatioN/A58.16-
Revenue228M661M34%
Total Cash5.98M22.9M26%
Total Debt679M2.55B27%
FUNDAMENTALS RATINGS
ELME vs IRT: Fundamental Ratings
ELME
IRT
OUTLOOK RATING
1..100
6918
VALUATION
overvalued / fair valued / undervalued
1..100
54
Fair valued
72
Overvalued
PROFIT vs RISK RATING
1..100
10051
SMR RATING
1..100
9189
PRICE GROWTH RATING
1..100
4942
P/E GROWTH RATING
1..100
8915
SEASONALITY SCORE
1..100
n/a50

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

ELME's Valuation (54) in the Real Estate Investment Trusts industry is in the same range as IRT (72). This means that ELME’s stock grew similarly to IRT’s over the last 12 months.

IRT's Profit vs Risk Rating (51) in the Real Estate Investment Trusts industry is somewhat better than the same rating for ELME (100). This means that IRT’s stock grew somewhat faster than ELME’s over the last 12 months.

IRT's SMR Rating (89) in the Real Estate Investment Trusts industry is in the same range as ELME (91). This means that IRT’s stock grew similarly to ELME’s over the last 12 months.

IRT's Price Growth Rating (42) in the Real Estate Investment Trusts industry is in the same range as ELME (49). This means that IRT’s stock grew similarly to ELME’s over the last 12 months.

IRT's P/E Growth Rating (15) in the Real Estate Investment Trusts industry is significantly better than the same rating for ELME (89). This means that IRT’s stock grew significantly faster than ELME’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
ELMEIRT
RSI
ODDS (%)
N/A
Bearish Trend 2 days ago
61%
Stochastic
ODDS (%)
Bearish Trend 2 days ago
59%
Bearish Trend 2 days ago
50%
Momentum
ODDS (%)
Bearish Trend 2 days ago
57%
Bullish Trend 2 days ago
78%
MACD
ODDS (%)
Bearish Trend 2 days ago
65%
Bullish Trend 2 days ago
70%
TrendWeek
ODDS (%)
Bearish Trend 2 days ago
58%
Bullish Trend 2 days ago
74%
TrendMonth
ODDS (%)
Bearish Trend 2 days ago
57%
Bullish Trend 2 days ago
76%
Advances
ODDS (%)
Bullish Trend 10 days ago
0%
Bullish Trend 5 days ago
69%
Declines
ODDS (%)
Bearish Trend 2 days ago
58%
N/A
BollingerBands
ODDS (%)
Bullish Trend 2 days ago
69%
Bearish Trend 2 days ago
56%
Aroon
ODDS (%)
Bearish Trend 2 days ago
64%
Bullish Trend 2 days ago
65%
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ELME
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
IRT
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
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ELME and

Correlation & Price change

A.I.dvisor indicates that over the last year, ELME has been closely correlated with NXRT. These tickers have moved in lockstep 74% of the time. This A.I.-generated data suggests there is a high statistical probability that if ELME jumps, then NXRT could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ELME
1D Price
Change %
ELME100%
-2.53%
NXRT - ELME
74%
Closely correlated
-2.00%
IRT - ELME
72%
Closely correlated
-0.29%
UDR - ELME
72%
Closely correlated
-1.42%
VRE - ELME
71%
Closely correlated
-1.61%
CPT - ELME
70%
Closely correlated
-2.38%
More

IRT and

Correlation & Price change

A.I.dvisor indicates that over the last year, IRT has been closely correlated with CPT. These tickers have moved in lockstep 84% of the time. This A.I.-generated data suggests there is a high statistical probability that if IRT jumps, then CPT could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To IRT
1D Price
Change %
IRT100%
-0.29%
CPT - IRT
84%
Closely correlated
-2.38%
MAA - IRT
83%
Closely correlated
-2.46%
UDR - IRT
82%
Closely correlated
-1.42%
ESS - IRT
79%
Closely correlated
-1.48%
NXRT - IRT
77%
Closely correlated
-2.00%
More