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1. Company Snapshot

1.a. Company 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.

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1.b. Last Insights on BHM

Bluerock Homes Trust, Inc.'s recent performance has been impacted by a Neutral recommendation from Zacks, citing market challenges and strategic initiatives. The company's decision to declare monthly cash dividends on its Series A Preferred Stock for Q4 2025 may be perceived as a necessary measure to maintain investor confidence. Although the dividend payments may alleviate some concerns, they also signify a significant cash outflow. Additionally, the absence of recent earnings releases and notable business developments may contribute to investor caution. According to Zacks, their Neutral rating reflects the company's financial health and market position.

1.c. Company Highlights

2. Transcript Summary

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3. NewsRoom

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Bluerock Homes Trust (NYSEAMERICAN:BHM) Stock Price Up 4.2% – Time to Buy?

Dec -03

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Bluerock Homes Trust (NYSEAMERICAN:BHM) Trading Down 1.8% – Here’s Why

Nov -06

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Bluerock Homes Trust (BHM) Announces Fourth Quarter Dividends on Series A Preferred Stock

Oct -15

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Zacks Initiates Coverage of Bluerock Homes With Neutral Recommendation

Jul -30

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Bluerock Homes Trust (BHM) Announces Third Quarter Dividends on Series A Preferred Stock

Jul -15

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U.S. REIT Share Repurchase Activity Doubles In Q1 2025

Jun -03

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Bluerock Homes Trust: Encouraging Developments (Rating Upgrade)

May -16

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Bluerock Homes Trust (BHM) Announces Second Quarter Dividends on Series A Preferred Stock

Apr -15

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (4.50%)

6. Segments

Rental and Other Property

Expected Growth: 4.5%

The single-family home rental market is driven by increasing demand for affordable housing, low vacancy rates, and growing rental yields. Bluerock Homes Trust's diversified portfolio and strategic acquisitions position the company for long-term growth.

Interest Income from Loan Investments

Expected Growth: 8.5%

The growth of Interest Income from Loan Investments is driven by increasing demand for mortgage loans, low interest rates, and government incentives for homeownership, leading to a forecast CAGR of 8.5% from 2023 to 2028.

7. Detailed Products

Single-Family Rental Homes

Bluerock Homes Trust, Inc. offers a portfolio of single-family rental homes, providing individuals and families with a range of housing options.

Multifamily Properties

The company's multifamily properties offer a range of amenities and services, catering to a diverse range of residents.

Homeownership Programs

Bluerock Homes Trust, Inc. offers homeownership programs, enabling individuals and families to achieve homeownership through innovative financing solutions.

Property Management Services

The company provides comprehensive property management services, ensuring the smooth operation and maintenance of its properties.

8. Bluerock Homes Trust, Inc.'s Porter Forces

Forces Ranking

Threat Of Substitutes

The threat of substitutes for Bluerock Homes Trust, Inc. is moderate due to the availability of alternative investment options in the real estate industry.

Bargaining Power Of Customers

The bargaining power of customers is low for Bluerock Homes Trust, Inc. as the company operates in a niche market with limited competition, giving customers limited alternatives.

Bargaining Power Of Suppliers

The bargaining power of suppliers is moderate for Bluerock Homes Trust, Inc. as the company relies on a few key suppliers for materials and services, but has some flexibility to negotiate prices.

Threat Of New Entrants

The threat of new entrants is high for Bluerock Homes Trust, Inc. due to the relatively low barriers to entry in the real estate investment trust (REIT) industry.

Intensity Of Rivalry

The intensity of rivalry is high for Bluerock Homes Trust, Inc. due to the competitive nature of the REIT industry, with many established players vying for market share.

9. SWOT Analysis

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 51.71%
Debt Cost 11.70%
Equity Weight 48.29%
Equity Cost 11.70%
WACC 11.70%
Leverage 107.10%

11. Quality Control: Bluerock Homes Trust, Inc. passed 3 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

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BRT Apartments

A-Score: 6.2/10

Value: 5.9

Growth: 5.3

Quality: 3.8

Yield: 10.0

Momentum: 3.5

Volatility: 8.7

1-Year Total Return ->

Stock-Card
NexPoint Residential Trust

A-Score: 5.9/10

Value: 6.3

Growth: 5.2

Quality: 5.5

Yield: 9.0

Momentum: 2.0

Volatility: 7.7

1-Year Total Return ->

Stock-Card
UMH Properties

A-Score: 5.8/10

Value: 4.3

Growth: 3.0

Quality: 7.1

Yield: 9.0

Momentum: 2.0

Volatility: 9.7

1-Year Total Return ->

Stock-Card
Clipper Realty

A-Score: 5.6/10

Value: 8.1

Growth: 6.2

Quality: 5.5

Yield: 10.0

Momentum: 1.0

Volatility: 3.0

1-Year Total Return ->

Stock-Card
Centerspace

A-Score: 5.5/10

Value: 6.5

Growth: 3.2

Quality: 4.4

Yield: 8.0

Momentum: 2.0

Volatility: 9.0

1-Year Total Return ->

Stock-Card
Bluerock Homes Trust

A-Score: 5.2/10

Value: 6.5

Growth: 5.6

Quality: 3.3

Yield: 9.0

Momentum: 2.0

Volatility: 5.0

1-Year Total Return ->

Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

9.43$

Current Price

9.44$

Potential

-0.00%

Expected Cash-Flows