BRT Apartments (NYSE:BRT - Get Free Report) is expected to be posting its Q1 2025 quarterly earnings results before the market opens on Wednesday, May 14th. Analysts expect BRT Apartments to post earnings of $0.34 per share and revenue of $23.82 million for the quarter.
BRT Apartments Stock Performance
BRT Apartments stock traded up $0.07 during mid-day trading on Monday, reaching $15.29. 13,487 shares of the company traded hands, compared to its average volume of 32,879. The firm's fifty day moving average is $16.49 and its two-hundred day moving average is $17.47. The company has a market capitalization of $289.35 million, a price-to-earnings ratio of -28.84 and a beta of 1.07. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.94 and a quick ratio of 1.94. BRT Apartments has a fifty-two week low of $14.61 and a fifty-two week high of $20.22.
BRT Apartments Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, April 4th. Investors of record on Thursday, March 27th were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 6.54%. The ex-dividend date was Thursday, March 27th. BRT Apartments's dividend payout ratio (DPR) is -188.68%.
Wall Street Analyst Weigh In
BRT has been the topic of a number of research reports. Colliers Securities lowered shares of BRT Apartments from a "buy" rating to a "neutral" rating in a research note on Thursday, March 13th. B. Riley cut their price objective on shares of BRT Apartments from $22.00 to $21.00 and set a "buy" rating for the company in a research report on Thursday, March 27th. Finally, StockNews.com upgraded BRT Apartments from a "sell" rating to a "hold" rating in a research report on Wednesday, April 23rd.
Read Our Latest Report on BRT Apartments
Insider Activity at BRT Apartments
In related news, CFO George Zweier sold 2,143 shares of the stock in a transaction dated Tuesday, March 25th. The shares were sold at an average price of $18.06, for a total transaction of $38,702.58. Following the completion of the transaction, the chief financial officer now directly owns 120,797 shares of the company's stock, valued at $2,181,593.82. This represents a 1.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. 42.00% of the stock is owned by insiders.
About BRT Apartments
(
Get Free Report)
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.
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