Bluerock Residential Growth REIT Inc (BRG) Files 10-K for the Fiscal Year Ended on December 31, 2019

Author's Avatar
Feb 24, 2020
Article's Main Image

Bluerock Residential Growth REIT Inc (BRG, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. Bluerock Residential Growth REIT Inc invests in institutional-quality apartment properties in US growth markets. The Company's objective is to maximize returns through investments in Class A institutional-quality apartment properties in United States. Bluerock Residential Growth REIT Inc has a market cap of $267.660 million; its shares were traded at around $11.39 with and P/S ratio of 1.26. The dividend yield of Bluerock Residential Growth REIT Inc stocks is 5.70%. Bluerock Residential Growth REIT Inc had annual average EBITDA growth of 7.90% over the past five years. GuruFocus has detected 5 severe warning signs with Bluerock Residential Growth REIT Inc. .

For the last quarter Bluerock Residential Growth REIT Inc reported a revenue of $52.5 million, compared with the revenue of $50.01 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $210.0 million, an increase of 13.7% from last year. For the complete 30-year financial data, please go here.. For the last five years Bluerock Residential Growth REIT Inc had an average revenue growth rate of 50.2% a year.

The reported loss per diluted share was 91 cents for the year, compared with the loss per share of $0.04 in the previous year. The Bluerock Residential Growth REIT Inc had a decent operating margin of 17.92%, compared with the operating margin of 16.29% a year before. The 10-year historical median operating margin of Bluerock Residential Growth REIT Inc is 2.68%. The profitability rank of the company is 5 (out of 10).

At the end of the fiscal year, Bluerock Residential Growth REIT Inc has the cash and cash equivalents of $31.7 million, compared with $24.8 million in the previous year. The long term debt was $1.4 billion, compared with $1.3 billion in the previous year. The interest coverage to the debt is 3.4. Bluerock Residential Growth REIT Inc has a financial strength rank of 3 (out of 10).

At the current stock price of $11.39, Bluerock Residential Growth REIT Inc is traded at 45.9% discount to its historical median P/S valuation band of $21.05. The P/S ratio of the stock is 1.26, while the historical median P/S ratio is 2.33. The stock gained 15.47% during the past 12 months.

For the complete 20-year historical financial data of BRG, click here.