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Bluerock Residential Growth REIT (Bluerock Residential Growth REIT) Return-on-Tangible-Equity : 2.52% (As of Jun. 2022)


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What is Bluerock Residential Growth REIT Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Bluerock Residential Growth REIT's annualized net income for the quarter that ended in Jun. 2022 was $27.69 Mil. Bluerock Residential Growth REIT's average shareholder tangible equity for the quarter that ended in Jun. 2022 was $1,100.59 Mil. Therefore, Bluerock Residential Growth REIT's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2022 was 2.52%.

The historical rank and industry rank for Bluerock Residential Growth REIT's Return-on-Tangible-Equity or its related term are showing as below:

BRG.PRD.PFD' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -26.75   Med: 0.4   Max: 79.6
Current: 4.34

During the past 12 years, Bluerock Residential Growth REIT's highest Return-on-Tangible-Equity was 79.60%. The lowest was -26.75%. And the median was 0.40%.

BRG.PRD.PFD's Return-on-Tangible-Equity is not ranked
in the REITs industry.
Industry Median: 4.59 vs BRG.PRD.PFD: 4.34

Bluerock Residential Growth REIT Return-on-Tangible-Equity Historical Data

The historical data trend for Bluerock Residential Growth REIT's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bluerock Residential Growth REIT Return-on-Tangible-Equity Chart

Bluerock Residential Growth REIT Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.05 -0.19 5.14 3.69 9.31

Bluerock Residential Growth REIT Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.23 13.68 -1.09 3.02 2.52

Competitive Comparison of Bluerock Residential Growth REIT's Return-on-Tangible-Equity

For the REIT - Residential subindustry, Bluerock Residential Growth REIT's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bluerock Residential Growth REIT's Return-on-Tangible-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Bluerock Residential Growth REIT's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Bluerock Residential Growth REIT's Return-on-Tangible-Equity falls into.



Bluerock Residential Growth REIT Return-on-Tangible-Equity Calculation

Bluerock Residential Growth REIT's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=91.712/( (856.48+1113.578 )/ 2 )
=91.712/985.029
=9.31 %

Bluerock Residential Growth REIT's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=27.688/( (1106.298+1094.881)/ 2 )
=27.688/1100.5895
=2.52 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Jun. 2022) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Bluerock Residential Growth REIT  (AMEX:BRG.PRD.PFD) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Bluerock Residential Growth REIT Return-on-Tangible-Equity Related Terms

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Bluerock Residential Growth REIT (Bluerock Residential Growth REIT) Business Description

Traded in Other Exchanges
N/A
Address
1345 Avenue of the Americas, 32nd Floor, New York, NY, USA, 10105
Bluerock Residential Growth REIT Inc is a real estate investment trust (or REIT). The company's objective is to maximize long-term stockholder value by acquiring well-located institutional-quality apartment properties in demographically attractive growth markets across the United States. Its property portfolios include Alexan CityCentre, Alexan Southside, Arium Grandewood, Arium Palmer Ranch, and others.

Bluerock Residential Growth REIT (Bluerock Residential Growth REIT) Headlines

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