Real Estate -
REIT - Residential - AMEX - US
$ 12.75
-2.95 %
$ 51.8 M
Market Cap
-12.76
P/E
1. INTRINSIC VALUE
Balance Sheet
Bluerock Homes Trust, Inc.
| Current Assets | 199 M |
| Cash & Short-Term Investments | 115 M |
| Receivables | 67.7 M |
| Other Current Assets | 16 M |
| Non-Current Assets | 768 M |
| Long-Term Investments | 81.7 M |
| PP&E | 0 |
| Other Non-Current Assets | 686 M |
| Current Liabilities | 145 M |
| Accounts Payable | 803 K |
| Short-Term Debt | 121 M |
| Other Current Liabilities | 23.5 M |
| Non-Current Liabilities | 397 M |
| Long-Term Debt | 251 M |
| Other Non-Current Liabilities | 146 M |
EFFICIENCY
Earnings Waterfall
Bluerock Homes Trust, Inc.
| Revenue | 50.2 M |
| Cost Of Revenue | 24.1 M |
| Gross Profit | 26.1 M |
| Operating Expenses | 10.6 M |
| Operating Income | 15.5 M |
| Other Expenses | 27.6 M |
| Net Income | -12.1 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Bluerock Homes Trust, Inc.
| Net Income | -12.1 M |
| Depreciation & Amortization | 21.6 M |
| Capital Expenditures | -9.31 M |
| Stock-Based Compensation | 3.32 M |
| Change in Working Capital | 2.22 M |
| Others | -6.59 M |
| Free Cash Flow | -253 K |
Wall Street Analysts Price Targets
Bluerock Homes Trust, Inc.
BHM has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
3.30%
DIVIDEND YIELD
0.125 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Bluerock Homes Trust, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
U.S. REIT Share Repurchase Activity Doubles In Q1 2025
Share buyback activity by US equity real estate investment trusts more than doubled in the first quarter, according to an analysis by S&P Global Market Intelligence. The US REIT sector bought back around $993.2 million in common stock in the period, more than twice as much as the $456.2 million in the fourth quarter of 2024 and up 15.5% year over year. More than a dozen REITs announced new share repurchase programs during the first quarter.
seekingalpha.com
- 4 weeks ago
Bluerock Homes Trust: Encouraging Developments (Rating Upgrade)
Bluerock Homes Trust's stock has sharply underperformed both the real estate sector and the S&P 500 YTD. But there are encouraging signs for the stock now. The company's revenue growth remains solid, with increases in average rent per occupied unit and higher occupancy rates. The REIT trades at an attractive price-to-core FFO compared with peers, and its recently initiated dividends also promise a robust yield.
seekingalpha.com
- 1 month ago
Bluerock Homes Trust (BHM) Announces Second Quarter Dividends on Series A Preferred Stock
NEW YORK , April 15, 2025 /PRNewswire/ -- Bluerock Homes Trust, Inc. (NYSE American: BHM) (the "Company") today announced that its Board of Directors has authorized and the Company has declared monthly cash dividends on the Company's Series A Redeemable Preferred Stock (the "Series A Preferred Stock") for the second quarter of 2025, equal to a quarterly rate of $0.375 per share (the "Series A Preferred Dividends"). The Series A Preferred Dividends will be payable in cash as follows: accrued but unpaid dividends of $0.125 per share to be paid on Monday, May 5, 2025 to Series A Preferred stockholders of record as of Friday, April 25, 2025; $0.125 per share to be paid on Friday, June 5, 2025 to Series A Preferred stockholders of record as of Friday, May 23, 2025; and $0.125 per share to be paid on Friday, July 3, 2025 to Series A Preferred stockholders of record as of Wednesday, June 25, 2025.
prnewswire.com
- 2 months ago
Bluerock Homes Trust (BHM) Announces Key Dates For 2025 Annual Meeting Of Stockholders
NEW YORK , March 11, 2025 /PRNewswire/ -- Bluerock Homes Trust, Inc. (NYSE American: BHM) (the "Company") today announced that its Board of Directors has established June 11, 2025 as the date of its 2025 annual meeting of stockholders. The Board of Directors has established April 11, 2025 as the record date for the determination of stockholders entitled to vote at the meeting.
prnewswire.com
- 3 months ago
Bluerock Homes Trust (BHM) Announces Commencement of Quarterly Dividends on Class A Common Stock and Class C Common Stock
NEW YORK , March 11, 2025 /PRNewswire/ -- Bluerock Homes Trust, Inc. (NYSE American: BHM, the "Company") announced today that its Board of Directors has authorized, and the Company has declared, quarterly cash dividends for the Company's Class A Common Stock (the "Class A Common Stock") and Class C Common Stock (the "Class C Common Stock") for each quarter of fiscal year 2025. The first such Common Stock dividend has an expected payment date of April 4, 2025.
prnewswire.com
- 3 months ago
Bluerock Homes Trust (BHM) Announces Share Repurchase Plan
NEW YORK , March 6, 2025 /PRNewswire/ -- Bluerock Homes Trust, Inc. (NYSE American: BHM) (the "Company") today announced that its Board of Directors has authorized a new plan for the repurchase of up to $5.0 million of its outstanding shares of Class A common stock (the "Class A Common Stock"). The repurchase plan will be conducted in accordance with the requirements of Rule 10b-18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") and subject to Rule 10b-5 of the Exchange Act.
prnewswire.com
- 3 months ago
Bluerock Homes Trust (BHM) Announces New Series A Preferred Stock Redemption Safeguard Policy
NEW YORK , Feb. 6, 2025 /PRNewswire/ -- Bluerock Homes Trust, Inc. (NYSE American: BHM, the "Company") announced today that it is implementing a new Series A Preferred Stock Redemption Safeguard Policy. Under the Company's new Series A Preferred Stock Redemption Safeguard Policy, should a holder have its Series A Preferred Stock redeemed, either at their option or at the Company's, and in connection with such redemption receive the Company's Class A Common Stock, if the shareholder sells such Class A Common Stock within 10 business days at a loss (i.e.
prnewswire.com
- 4 months ago
BHM 2024 Tax Reporting Information For 2024 Dividends
NEW YORK , Jan. 31, 2025 /PRNewswire/ -- Bluerock Homes Trust, Inc. announced today that the income tax treatment for 2024 dividends on the Company's common stock and preferred stock is as follows: 2024 REPORTING INFORMATION (FORM 1099) – DIVIDENDS The income tax treatment for 2024 dividends for Bluerock Homes Trust, Inc.'s Class A common stock, traded on the NYSE American Exchange under ticker symbol BHM, and Class C common stock, are as follows (as reported on Form 1099-DIV): Class A Common Stock, CUSIP #09631H100, and Class C Common Stock : Class A & C Common Stock Record Date Payable Date Distribution Rate Per Share Ordinary Dividend Rate Non-Dividend Rate Total Capital Gains Rate Total 12/29/2023 1/5/2024 $ 0.840551 0.000000 % 100.000000 % 0.000000 % 100.000000 % Please note that, of the one-time, special cash dividend of $1.00 per share of the Company's Class A common stock and Class C common stock paid on January 5, 2024, $0.159449 was included in the 2023 taxable dividend, and $0.840551 is included in tax year 2024 as a non-dividend / return of capital for federal income tax purposes. Series A Preferred Stock The income tax treatment for 2024 dividends for Bluerock Homes Trust, Inc.'s Series A Preferred Stock, is as follows (as reported on Form 1099-DIV): Series A Preferred Stock CUSIP #s: 09631H209, 09631H308, 09631H506, 09631H605, 09631H704, 09631H803, 09631H886, 09631H878, 09631H860, 09631H852, 09631H845, 09631H837, 09631H829, 09631H811, 09631H795, 09631H787, 09631H779, 09631H761, 09631H753, 09631H746, 09631H738, 09631H720, 09631H712, 09631H696, 09631H688, 09631H670, 09631H662, 09631H654, 09631H647, 09631H639, 09631H621, 09631H613, and 09631H597.
prnewswire.com
- 5 months ago
Bluerock Homes Trust (BHM) Announces First Quarter Dividends on Series A Preferred Stock
NEW YORK , Jan. 15, 2025 /PRNewswire/ -- Bluerock Homes Trust, Inc. (NYSE American: BHM) (the "Company") today announced that its Board of Directors has authorized and the Company has declared monthly cash dividends on the Company's Series A Redeemable Preferred Stock (the "Series A Preferred Stock") for the first quarter of 2025, equal to a quarterly rate of $0.375 per share (the "Series A Preferred Dividends"). The Series A Preferred Dividends will be payable in cash as follows: accrued but unpaid dividends of $0.125 per share to be paid on Wednesday, February 5, 2025 to Series A Preferred stockholders of record as of Friday, January 24, 2025; $0.125 per share to be paid on Wednesday, March 5, 2025 to Series A Preferred stockholders of record as of Tuesday, February 25, 2025; and $0.125 per share to be paid on Friday, April 4, 2025 to Series A Preferred stockholders of record as of Tuesday, March 25, 2025.
prnewswire.com
- 5 months ago
Bluerock Homes Trust (BHM) Announces Fourth Quarter Dividends on Series A Preferred Stock
NEW YORK , Oct. 14, 2024 /PRNewswire/ -- Bluerock Homes Trust, Inc. (NYSE American: BHM) (the "Company") today announced that its Board of Directors has authorized and the Company has declared monthly cash dividends on the Company's Series A Redeemable Preferred Stock (the "Series A Preferred Stock") for the fourth quarter of 2024, equal to a quarterly rate of $0.375 per share (the "Series A Preferred Dividends"). The Series A Preferred Dividends will be payable in cash as follows: accrued but unpaid dividends of $0.125 per share to be paid on Tuesday, November 5, 2024 to Series A Preferred stockholders of record as of Friday, October 25, 2024; $0.125 per share to be paid on Thursday, December 5, 2024 to Series A Preferred stockholders of record as of Monday, November 25, 2024; and $0.125 per share to be paid on Friday, January 3, 2025 to Series A Preferred stockholders of record as of Tuesday, December 24, 2024.
prnewswire.com
- 8 months ago
Bluerock Homes Trust: Impressive Price Rise Might Not Continue For Now
The Bluerock Homes Trust stock price has risen by 45% since October 2023, outperforming the real estate sector. The rise was driven by strong revenue growth in 2023 resulting in improved market multiples. An uptick in real estate also bolstered the stock. However, the company's Q1 2024 figures reflected a slowing down in growth and after a sustained price rise, the market multiples don't look particularly competitive either.
seekingalpha.com
- 11 months ago
Bluerock Homes Trust (BHM) Announces Third Quarter Dividends on Series A Preferred Stock
NEW YORK , July 15, 2024 /PRNewswire/ -- Bluerock Homes Trust, Inc. (NYSE American: BHM) (the "Company") today announced that its Board of Directors has authorized and the Company has declared monthly cash dividends on the Company's Series A Redeemable Preferred Stock (the "Series A Preferred Stock") for the third quarter of 2024, equal to a quarterly rate of $0.375 per share (the "Series A Preferred Dividends"). The Series A Preferred Dividends will be payable in cash as follows: accrued but unpaid dividends of $0.125 per share to be paid on Monday, August 5, 2024 to Series A Preferred stockholders of record as of Thursday, July 25, 2024; $0.125 per share to be paid on Thursday, September 5, 2024 to Series A Preferred stockholders of record as of Friday, August 23, 2024; and $0.125 per share to be paid on Friday, October 4, 2024 to Series A Preferred stockholders of record as of Wednesday, September 25, 2024.
prnewswire.com
- 11 months ago
8. Profile
Summary
Bluerock Homes Trust, Inc. BHM
COUNTRY
US
INDUSTRY
REIT - Residential
MARKET CAP
$ 51.8 M
Dividend Yield
3.30%
Description
Bluerock Homes Trust, Inc. engages in the provision of residential investments and other property-related income. The company was founded on December 16, 2021 and is headquartered in New York, NY.
Contact
1345 Avenue Of The Americas, New York City, NY, 10105
https://bluerock.com/bluerock-homes-trust/
IPO
Date
Sept. 28, 2022
Employees
None
Officers
Mr. Steven Siptrott
MD & Head of Transactions - Bluerock Homes Manager, LLC
Mr. James Greer Babb III
Chief Strategy Officer
Mr. Jason Emala
Chief Legal Officer & Secretary
Mr. Jordan B. Ruddy
President
Mr. Robert Ramin Kamfar
Chief Executive Officer & Chairman
Mr. Christopher J. Vohs CPA
Chief Financial Officer & Treasurer
Mr. Michael DiFranco
Executive Vice President of Operations
Mr. Ryan S. MacDonald
Chief Investment Officer