Bluerock Homes Trust (NYSEAMERICAN:BHM) Releases Earnings Results

Bluerock Homes Trust (NYSEAMERICAN:BHM) posted its earnings results on Tuesday. The company reported ($0.81) EPS for the quarter, Zacks reports. Bluerock Homes Trust had a negative net margin of 22.00% and a negative return on equity of 5.03%. The business had revenue of $19.20 million for the quarter.

Bluerock Homes Trust Stock Down 1.5%

Shares of Bluerock Homes Trust stock traded down $0.12 on Thursday, reaching $7.61. The company’s stock had a trading volume of 1,293 shares, compared to its average volume of 3,555. The company has a market capitalization of $31.26 million, a P/E ratio of -7.76 and a beta of 0.24. The stock has a 50-day moving average price of $8.01 and a 200-day moving average price of $9.43. Bluerock Homes Trust has a 52-week low of $6.58 and a 52-week high of $13.30.

Bluerock Homes Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, October 5th. Stockholders of record on Friday, September 25th were given a $0.1250 dividend. The ex-dividend date was Friday, September 25th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 6.6%. Bluerock Homes Trust’s payout ratio is -51.02%.

Bluerock Homes Trust Company Profile

Bluerock Homes Trust, Inc. is a real estate investment trust focused on owning and operating single-family rental properties. The company seeks to provide housing for residents while generating rental income through a portfolio of homes in selected U.S. markets. Its activities generally include acquiring, leasing, managing and maintaining single-family residences. Bluerock Homes Trust may also pursue property-level improvements and professional management programs intended to support occupancy, resident services and the long-term value of its housing portfolio.