BRT Apartments (BRT) Projected to Post Quarterly Earnings on Friday

Key Points

• BRT Apartments is expected to release its Q2 2025 earnings on August 8th, with analysts estimating earnings of $0.36 per share and revenues of $23.96 million.
• The company recently declared a quarterly dividend of $0.25 per share, yielding 6.9% annually, with a payout ratio of -208.33%.
• BRT Apartments' stock is currently trading down by 3.2%, and analysts have upgraded the rating from "sell" to "hold" as of June 27th.

BRT Apartments (NYSE:BRT - Get Free Report) is projected to announce its Q2 2025 earnings results before the market opens on Friday, August 8th. Analysts expect the company to announce earnings of $0.36 per share and revenue of $23.96 million for the quarter.

BRT Apartments Trading Up 0.9%

NYSE:BRT traded up $0.13 on Monday, hitting $14.65. 6,069 shares of the stock were exchanged, compared to its average volume of 30,897. The stock has a market capitalization of $277.23 million, a price-to-earnings ratio of -30.51 and a beta of 1.04. BRT Apartments has a 52 week low of $14.17 and a 52 week high of $20.22. The company has a debt-to-equity ratio of 2.43, a quick ratio of 1.99 and a current ratio of 1.99. The company's 50-day moving average price is $15.73 and its 200 day moving average price is $16.42.

BRT Apartments Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 9th. Shareholders of record on Wednesday, June 25th were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 6.8%. The ex-dividend date of this dividend was Wednesday, June 25th. BRT Apartments's payout ratio is currently -208.33%.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded BRT Apartments from a "sell" rating to a "hold" rating in a research report on Friday, June 27th.

Insider Activity at BRT Apartments

In other news, major shareholder Investors L. P. Gould purchased 10,119 shares of BRT Apartments stock in a transaction on Monday, May 12th. The stock was purchased at an average price of $15.45 per share, with a total value of $156,338.55. Following the transaction, the insider directly owned 3,914,065 shares in the company, valued at $60,472,304.25. The trade was a 0.26% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Jeffrey Gould acquired 3,026 shares of the company's stock in a transaction dated Thursday, June 5th. The shares were bought at an average price of $15.93 per share, for a total transaction of $48,204.18. Following the purchase, the chief executive officer owned 3,973,570 shares in the company, valued at approximately $63,298,970.10. This represents a 0.08% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders purchased a total of 39,947 shares of company stock valued at $624,022 over the last quarter. 40.20% of the stock is owned by insiders.

Institutional Investors Weigh In On BRT Apartments

An institutional investor recently bought a new position in BRT Apartments stock. Strs Ohio purchased a new stake in BRT Apartments Corp. (NYSE:BRT - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,300 shares of the financial services provider's stock, valued at approximately $39,000. 29.07% of the stock is currently owned by institutional investors.

About BRT Apartments

BRT Apartments Corp. is a real estate investment trust. It engages in the ownership, operation, and holding interests in joint ventures that own and operate multi-family properties. The company was founded in June 1972 and is headquartered in Great Neck, NY.