Bluerock Homes Trust (NYSEAMERICAN:BHM) Posts Earnings Results

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

Bluerock Homes Trust Trading Down 1.5%

Shares of NYSEAMERICAN:BHM traded down $0.12 on Thursday, hitting $7.61. The company had a trading volume of 204 shares, compared to its average volume of 7,086. The stock has a market cap of $31.26 million, a price-to-earnings 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 1-year low of $6.58 and a 1-year high of $13.30.

Bluerock Homes Trust Announces Dividend

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