NYSE:BRT

BRT Apartments (BRT) Stock Price, News & Analysis

$17.41
-0.23 (-1.30%)
(As of 04/25/2024 ET)
Today's Range
$17.30
$17.47
50-Day Range
$15.35
$17.97
52-Week Range
$15.21
$20.69
Volume
23,609 shs
Average Volume
41,720 shs
Market Capitalization
$323.48 million
P/E Ratio
96.73
Dividend Yield
5.74%
Price Target
$21.75

BRT Apartments MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
24.9% Upside
$21.75 Price Target
Short Interest
Healthy
1.28% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.82mentions of BRT Apartments in the last 14 days
Based on 14 Articles This Week
Insider Trading
Acquiring Shares
$1.79 M Bought Last Quarter
Proj. Earnings Growth
0.83%
From $1.20 to $1.21 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.32 out of 5 stars

Finance Sector

374th out of 859 stocks

Real Estate Investment Trusts Industry

78th out of 181 stocks

BRT stock logo

About BRT Apartments Stock (NYSE:BRT)

BRT is a real estate investment trust that owns, operates and, to a lesser extent, holds interests in joint ventures that own multi-family properties. As of December 31, 2023, BRT owns or has interests in 28 multi-family properties with 7,707 units in 11 states.

BRT Stock Price History

BRT Stock News Headlines

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BRT Apartments CEO buys $206k in company stock
See More Headlines
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Company Calendar

Last Earnings
8/08/2022
Ex-Dividend for 4/4 Dividend
3/26/2024
Dividend Payable
4/04/2024
Today
4/25/2024
Next Earnings (Estimated)
5/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
N/A
Employees
10
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$21.75
High Stock Price Target
$24.00
Low Stock Price Target
$19.50
Potential Upside/Downside
+24.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$3.87 million
Pretax Margin
4.35%

Debt

Sales & Book Value

Annual Sales
$93.62 million
Cash Flow
$2.02 per share
Book Value
$12.28 per share

Miscellaneous

Free Float
11,466,000
Market Cap
$323.48 million
Optionable
Optionable
Beta
1.15
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Key Executives


BRT Stock Analysis - Frequently Asked Questions

Should I buy or sell BRT Apartments stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for BRT Apartments in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" BRT shares.
View BRT analyst ratings
or view top-rated stocks.

What is BRT Apartments' stock price target for 2024?

2 Wall Street analysts have issued 12 month price objectives for BRT Apartments' shares. Their BRT share price targets range from $19.50 to $24.00. On average, they predict the company's stock price to reach $21.75 in the next twelve months. This suggests a possible upside of 24.9% from the stock's current price.
View analysts price targets for BRT
or view top-rated stocks among Wall Street analysts.

How have BRT shares performed in 2024?

BRT Apartments' stock was trading at $18.59 at the beginning of the year. Since then, BRT shares have decreased by 6.3% and is now trading at $17.41.
View the best growth stocks for 2024 here
.

Are investors shorting BRT Apartments?

BRT Apartments saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 138,000 shares, an increase of 10.4% from the March 31st total of 125,000 shares. Based on an average daily trading volume, of 43,200 shares, the days-to-cover ratio is currently 3.2 days. Currently, 1.3% of the shares of the company are sold short.
View BRT Apartments' Short Interest
.

When is BRT Apartments' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024.
View our BRT earnings forecast
.

How were BRT Apartments' earnings last quarter?

BRT Apartments Corp. (NYSE:BRT) issued its earnings results on Monday, August, 8th. The financial services provider reported $1.91 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.12) by $2.03. BRT Apartments had a trailing twelve-month return on equity of 1.62% and a net margin of 4.14%. During the same period in the previous year, the firm earned $0.31 EPS.

How often does BRT Apartments pay dividends? What is the dividend yield for BRT Apartments?

BRT Apartments declared a quarterly dividend on Monday, March 11th. Shareholders of record on Wednesday, March 27th will be paid a dividend of $0.25 per share on Thursday, April 4th. This represents a $1.00 annualized dividend and a dividend yield of 5.74%. The ex-dividend date of this dividend is Tuesday, March 26th.
Read our dividend analysis for BRT
.

Is BRT Apartments a good dividend stock?

BRT Apartments (NYSE:BRT) pays an annual dividend of $1.00 per share and currently has a dividend yield of 5.57%. BRT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 555.59%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, BRT will have a dividend payout ratio of 82.64% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for BRT.

What ETFs hold BRT Apartments' stock?
What other stocks do shareholders of BRT Apartments own?
Who are BRT Apartments' major shareholders?

BRT Apartments' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Albert D Mason Inc. (0.37%), Schnieders Capital Management LLC (0.15%) and Allspring Global Investments Holdings LLC (0.11%). Insiders that own company stock include Fredric H Gould, George Zweier, Investors L P Gould, Isaac Kalish, Jeffrey Gould, Louis C Grassi, Matthew J Gould, Mitchell Gould and Ryan Baltimore.
View institutional ownership trends
.

How do I buy shares of BRT Apartments?

Shares of BRT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:BRT) was last updated on 4/25/2024 by MarketBeat.com Staff

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