Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM – Get Free Report)’s share price shot up 1.8% during mid-day trading on Thursday. The company traded as high as $8.00 and last traded at $8.00. Approximately 1,380 shares were traded during trading, a decline of 47% from the average session volume of 2,616 shares. The stock had previously closed at $7.86.
Bluerock Homes Trust Trading Up 0.6%
The firm’s 50-day moving average price is $8.31 and its 200 day moving average price is $9.28. The company has a market cap of $33.09 million, a price-to-earnings ratio of -8.21 and a beta of 0.23.
Bluerock Homes Trust (NYSEAMERICAN:BHM – Get Free Report) last issued its earnings results on Thursday, August 13th. The company reported ($0.90) earnings per share (EPS) for the quarter. Bluerock Homes Trust had a negative return on equity of 5.03% and a negative net margin of 22.00%. The company had revenue of $19.33 million for the quarter.
Bluerock Homes Trust Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Monday, October 5th. Stockholders of record on Friday, September 25th were issued a $0.1250 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 6.2%. The ex-dividend date was Friday, September 25th. Bluerock Homes Trust’s dividend payout ratio (DPR) is currently -51.02%.
Bluerock Homes Trust Company Profile
Bluerock Homes Trust, Inc is a real estate investment trust focused on acquiring, owning, developing and operating single-family rental homes in the United States. The company generates revenue primarily by leasing residential properties to individual and family tenants.
The company targets residential real estate in selected U.S. markets and seeks to build a portfolio of rental homes that can provide housing for residents while supporting long-term real estate operations. Its activities may include property acquisition, development, leasing, maintenance and management.
Bluerock Homes Trust was founded in 2017 and is based in New York.
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