Bluerock Homes Trust (NYSEAMERICAN:BHM) Announces Earnings Results

Bluerock Homes Trust (NYSEAMERICAN:BHM) announced 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

Shares of BHM traded down $0.12 on Thursday, reaching $7.61. The company’s stock had a trading volume of 203 shares, compared to its average volume of 7,086. The stock’s 50 day simple moving average is $8.01 and its two-hundred day simple moving average is $9.43. The stock has a market capitalization of $31.26 million, a P/E ratio of -7.76 and a beta of 0.24. Bluerock Homes Trust has a 12-month low of $6.58 and a 12-month high of $13.30.

Bluerock Homes Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, October 5th. Investors of record on Friday, September 25th were issued a $0.1250 dividend. The ex-dividend date of this dividend 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 dividend payout ratio (DPR) is presently -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.