Bluerock Homes Trust, Inc. (BHM) AI Stock Analysis

NYSE American: BHMAI research summary: business, growth, valuation, analysts, bull and bear case.

BHM AI stock analysis summary

AI Research

Bluerock Homes Trust, Inc. (BHM) is a residential REIT that acquires, develops, and manages single-family and multi-family properties. The company generated $83.1M in trailing twelve month revenue with quarterly revenue growing 13.4% year-over-year as of June 30, 2026. However, operating margin remains negative at -14.3% TTM while net debt stands at $254.4M.

Market cap
$92.4M
Revenue (TTM)
$83.1M
P/E
—
1Y return
-21.5%
S&P 500 16.8%
Avg. target
$10.00
24.2% vs last close

Bull case

  • The company delivered a 5-year revenue CAGR of 56.3% from FY2020 to FY2025, with TTM revenue reaching $83.1M.
  • Bluerock Homes Trust offers an annual dividend yield of 6.21%, supported by $27.8M in FY2025 operating cash flow.
  • Analyst targets average $10.00, representing 24.2% upside from the recent closing price of $8.05.

Bear case

  • The company generated negative EPS across recent years, including -$3.00 in FY2025 and -$3.49 over the trailing twelve months.
  • Operating margins remained negative at -33.8% in FY2025 and -14.3% over the trailing twelve months, trailing the peer median of 25.9%.
  • Total debt stands at $426.5M compared to a market capitalization of $92.4M, resulting in a debt-to-equity ratio of 1.54.

What Bluerock Homes does

Bluerock Homes Trust, Inc. is a real estate investment trust focused on acquiring and managing residential properties across the United States. Its portfolio primarily consists of single-family homes and multi-family communities located in attractive markets with strong economic fundamentals. In addition to property acquisition and management, the company collaborates with experienced developers on residential development projects to expand its portfolio and serve evolving tenant needs. Headquartered in New York, New York, Bluerock Homes Trust integrates environmental, social, and governance practices into its operations while targeting long-term growth and stability.

Growth and profitability

Between FY2020 and FY2025, Bluerock Homes Trust achieved a 5-year revenue CAGR of 56.3%. Annual revenue grew from $17.8M in FY2021 to $42.7M in FY2022, before dipping to $41.1M in FY2023. Revenue recovered to $50.2M in FY2024 and rose 36.9% to $68.7M in FY2025, where net income reached $2.2M and free cash flow was $10.4M despite an operating margin of -33.8% and EPS of -$3.00. Over the trailing twelve months ending June 30, 2026, revenue stood at $83.1M with quarterly revenue growing 13.4% year-over-year, alongside a profit margin of 2.6% and EPS of -$3.49.

BHM income statement →

Balance sheet and cash flow

As of June 30, 2026, Bluerock Homes Trust held $172.1M in cash and short-term investments against total debt of $426.5M, resulting in net debt of $254.4M and total assets of $1.15B. The company recorded a current ratio of 14.20 and a debt-to-equity ratio of 1.54 on shareholders equity of $276.7M. In FY2025, operating cash flow reached $27.8M. Cash deployment during FY2025 included $17.4M in capital expenditures, $10.5M in dividends paid, and $872,000 in share buybacks.

BHM balance sheet →

Valuation and performance

Bluerock Homes Trust carries a market cap of $92.4M and an enterprise value of $441.0M. The stock trades at a price-to-sales multiple of 1.1x, below the 3.7x median of its US-listed Real Estate peers. Its EV-to-EBITDA ratio of 21.0x stands above the peer median of 14.7x, while its price-to-book ratio is 0.3x. Over the past year, the stock returned -21.5%, underperforming the S&P 500 return of 16.8%. The shares closed at $8.05 on October 16, 2026, which is 14.4% below their 200-day average.

BHM key metrics →

BHM dividend

Bluerock Homes Trust offers a forward annual dividend of $0.50 per share, representing a dividend yield of 6.21%. The company has paid dividends for 2 consecutive years, with its most recent ex-dividend date on September 25, 2026. In FY2025, total dividends paid amounted to $10.5M.

BHM dividend history →

What analysts expect

Analysts have established a mean price target of $10.00 for Bluerock Homes Trust, indicating 24.2% upside compared to its last close of $8.05. Consensus revenue estimates project $79.6M for the fiscal year ending December 31, 2026, and $88.5M for the following fiscal year, reflecting expected revenue growth of 11.2%. Over the last 4 quarters, the company recorded 0 EPS beats. The next earnings date is scheduled for November 5, 2026.

BHM forecast and price target →

Key risks and what to watch

  • Bluerock Homes Trust carries net debt of $254.4M, which could pressure cash flows if financing costs increase.
  • The company logged 0 EPS beats over the last 4 quarters, showing ongoing difficulty in meeting consensus earnings projections.
  • The stock experienced a return of -21.5% over the past year while trading 14.4% below its 200-day moving average.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this BHM AI stock analysis

This page is an AI-written research summary of Bluerock Homes Trust, Inc. (BHM). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: BHM income statement, BHM balance sheet, BHM key metrics, BHM analyst forecast, BHM chart. See the BHM stock overview for the latest quote and news.

BHM AI stock analysis FAQ

What is Bluerock Homes Trust's dividend yield?

Bluerock Homes Trust has a forward annual dividend of $0.50 per share, which translates to a dividend yield of 6.21%. The company paid $10.5M in dividends during FY2025 and has paid dividends for 2 consecutive years.

What is Bluerock Homes Trust's debt position?

As of June 30, 2026, the company held $426.5M in total debt and $172.1M in cash and short-term investments, resulting in net debt of $254.4M. Its debt-to-equity ratio was 1.54 with shareholders equity of $276.7M.

What are analysts forecasting for Bluerock Homes Trust's revenue?

Analysts forecast revenue of $79.6M for the fiscal year ending December 31, 2026. For the next fiscal year, revenue is projected to grow 11.2% to $88.5M.

When does Bluerock Homes Trust report its next earnings?

The company's next earnings date is scheduled for November 5, 2026.

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