Bluerock Homes Trust (NYSEAMERICAN:BHM) Releases Earnings Results

Bluerock Homes Trust (NYSEAMERICAN:BHM) issued its earnings results on Thursday. The company reported ($0.94) earnings per share for the quarter, FiscalAI reports. Bluerock Homes Trust had a negative return on equity of 0.98% and a negative net margin of 7.80%.The firm had revenue of $16.61 million during the quarter.

Bluerock Homes Trust Price Performance

Shares of NYSEAMERICAN BHM traded up $0.16 during mid-day trading on Friday, reaching $9.51. The company’s stock had a trading volume of 10,607 shares, compared to its average volume of 5,264. The firm has a market capitalization of $38.71 million, a PE ratio of -5.47 and a beta of 0.73. The stock has a fifty day moving average of $11.24 and a two-hundred day moving average of $11.86. Bluerock Homes Trust has a 52 week low of $9.15 and a 52 week high of $14.81.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Bluerock Homes Trust stock. Arkadios Wealth Advisors increased its stake in Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM) by 28.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 85,177 shares of the company’s stock after buying an additional 18,895 shares during the quarter. Arkadios Wealth Advisors owned about 2.15% of Bluerock Homes Trust worth $968,000 as of its most recent SEC filing. 56.06% of the stock is owned by institutional investors and hedge funds.

About Bluerock Homes Trust

Bluerock Homes Trust, Inc (the Company) was incorporated in Maryland on December 16, 2021. The Company owns and operates high-quality single-family properties located in attractive markets with a focus on the knowledge-economy and high-quality of life growth markets of the Sunbelt and Western United States.