Bluerock Homes Trust Inc.

Bluerock Homes Trust Inc.

BHM · AMEX · Real Estate / REIT - Residential

7.50USD-0.20 (-2.60%)

Price History

Full chart

Market Stats

Previous Close7.70
Open7.50
Day Range7.50 – 7.50
52-Week Range7.64 – 12.79
Volume393
Market Cap91.86M
P/E (TTM)0.00
Forward P/E0.00
EPS-3.49
Dividend Yield6.15%
Beta0.46
50-Day Avg8.50
200-Day Avg9.76

About

Bluerock Homes Trust, Inc. is an externally managed REIT that owns and operates a portfolio of institutional residential properties including single-family homes, build-to-rent communities, and other residential communities located in attractive markets with a focus on the knowledge-economy and high quality of life regions of the Sunbelt and high growth areas of the Western United States. BHM principal objective is to generate attractive risk-adjusted investment returns by acquiring residential units, developing residential communities, and through Value-Add renovations. BHM properties are located across a diverse group of growth markets with healthy long-term demand fundamentals for residential rentals and will seek to target the high disposable income renter by choice. Bluerock Homes Trust, Inc. is headquartered in New York. Bluerock Homes Trust was established on December 16, 2021 and incorporated in Maryland.

Company Details

Leadership

  • Mr. Robert Ramin KamfarCEO & Chairman · b. 1963
  • Mr. Jordan Ben RuddyPresident · b. 1963
  • Mr. Christopher J. Vohs CPACFO & Treasurer · b. 1976
  • Mr. Michael DiFrancoExecutive Vice President of Operations · b. 1965
  • Mr. Ryan S. MacDonaldChief Investment Officer · b. 1983
  • Mr. Jason EmalaChief Legal Officer & Secretary · b. 1979
  • Mr. Steven SiptrottMD & Head of Transactions - Bluerock Homes Manager, LLC · b. 1986

Financials

Income Statement

Currency: USD2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue7.37M17.82M42.73M41.09M50.21M68.73M
Growth (%)-+141.82%+139.80%-3.84%+22.20%+36.88%
Cost of Revenue970.00K3.78M19.17M31.50M37.97M107.86M
Gross Profit6.40M14.04M23.56M9.59M12.24M-39.13M
Gross Margin86.84%78.79%55.13%23.34%24.38%-56.93%
Operating Expense6.91M13.65M8.49M24.34M30.61M-15.87M
Operating Income-511.00K389.00K15.07M-14.75M-18.36M-23.26M
Operating Margin-6.93%2.18%35.27%-35.89%-36.57%-33.84%
EBITDA3.98M13.43M15.03M16.61M27.57M20.04M
EBITDA Margin54.02%75.39%35.18%40.42%54.90%29.15%
Net Income-17.73M34.33M-1.00M-4.37M32.00K2.25M
Net Income Margin-240.67%192.62%-2.34%-10.64%0.06%3.27%
R&D20.060.180.38--
R&D as % of Total Revenue0.00%0.00%0.00%0.00%--
Interest Expense3.19M2.92M5.70M13.10M18.09M21.58M
Interest Expense % of Total Revenue43.33%16.36%13.34%31.88%36.03%31.40%

Balance Sheet

Currency: USD2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets491.78M541.46M658.89M671.62M966.99M1.15B
Total Liabilities307.81M79.49M166.91M192.75M398.10M462.56M
Total Equity183.97M461.97M159.99M155.62M241.23M270.86M
Cash48.78M129.39M78.43M80.16M115.21M169.56M
Total Debt86.91M121.06M153.19M166.67M373.78M428.39M
Net Debt5.13M-66.38M74.77M86.51M258.57M258.83M

Cash Flow

Currency: USD2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow14.59M9.81M3.50M13.88M9.06M27.76M
Investing Cash Flow-6.49M158.05M-177.18M-25.72M-224.92M-169.45M
Financing Cash Flow29.56M-84.46M119.31M15.66M260.72M204.90M
Capital Expenditure1.51M1.70M18.65M9.53M9.31M17.36M
Free Cash Flow13.08M8.11M-15.15M4.35M-253.00K10.40M
Dividends Paid68.47M68.47M68.47M78.00K7.34M10.48M
FCF to OCF89.64%82.65%-433.10%31.36%-2.79%37.47%
Dividend Paid to FCF523.59%844.58%-451.95%1.79%-2899.60%100.76%

Earnings

Report DateSep 23, 2022Nov 4, 2022Mar 22, 2023May 11, 2023Jun 30, 2023Sep 30, 2023Dec 31, 2023Mar 31, 2024Jun 30, 2024Sep 30, 2024Mar 20, 2025May 9, 2025Jul 8, 2025Dec 3, 2025Feb 25, 2026Jun 26, 2026Aug 13, 2026Nov 5, 2026
EPS Estimate0.00-----------0.000.000.00---
EPS Actual-2.780.14-0.27-0.04-0.09-0.28-0.53-0.27-0.420.24-0.65-0.67-0.67-0.94-0.720.10-0.17-
Surprise------------------
Timing------------------

Key Statistics & Ratios

Market Cap91.86M
Enterprise Value441.01M
Trailing P/E0.00
Forward P/E0.00
Price / Sales1.11
Price / Book0.29
EPS-3.49
Book Value29.44
Revenue (TTM)83.11M
Gross Profit (TTM)40.49M
EBITDA18.52M
Profit Margin2.62%
Operating Margin-14.30%
Return on Equity-5.90%
Return on Assets-0.75%
Shares Outstanding4.10M
Shares Float3.19M
Beta0.46
Dividend Yield6.15%
Dividend Rate0.50
Payout Ratio0.00%

Dividends

20263×
0.13Sep 25, 20260.13Jun 25, 20260.13Mar 25, 2026
20256×
0.13Dec 24, 20250.13Sep 25, 20250.13Jun 25, 20250.13Mar 25, 20250.13Feb 25, 20250.13Jan 24, 2025
20231×
1.00Dec 28, 2023