Bluerock Homes Trust (NYSEAMERICAN:BHM) Releases Earnings Results

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

Bluerock Homes Trust Price Performance

BHM stock traded up $0.17 during midday trading on Thursday, hitting $7.61. The stock had a trading volume of 198 shares, compared to its average volume of 7,119. Bluerock Homes Trust has a 52-week low of $6.58 and a 52-week high of $13.30. The firm has a market cap of $31.26 million, a price-to-earnings ratio of -7.76 and a beta of 0.24. The business has a 50-day moving average of $8.01 and a two-hundred day moving average of $9.43.

Bluerock Homes Trust Announces Dividend

The company also recently announced 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 of this dividend was Friday, September 25th. This represents a $0.50 annualized dividend and a dividend yield of 6.6%. Bluerock Homes Trust’s dividend payout ratio is currently -51.02%.

About Bluerock Homes Trust

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.