BRT Apartments (BRT) to Release Earnings on Wednesday

BRT Apartments (NYSE:BRT - Get Free Report) is expected to post 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 Down 0.9 %

Shares of BRT Apartments stock opened at $15.28 on Wednesday. The company has a market cap of $289.25 million, a P/E ratio of -28.83 and a beta of 1.07. The company's fifty day simple moving average is $16.64 and its two-hundred day simple moving average is $17.51. BRT Apartments has a 12-month low of $14.61 and a 12-month high of $20.22. The company has a current ratio of 1.94, a quick ratio of 1.94 and a debt-to-equity ratio of 2.31.

BRT Apartments Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 4th. Investors of record on Thursday, March 27th were issued a $0.25 dividend. The ex-dividend date was Thursday, March 27th. This represents a $1.00 dividend on an annualized basis and a yield of 6.54%. BRT Apartments's payout ratio is currently -188.68%.

Insider Activity

In other news, CFO George Zweier sold 2,143 shares of the company's stock in a transaction on Tuesday, March 25th. The stock was sold at an average price of $18.06, for a total value of $38,702.58. Following the transaction, the chief financial officer now owns 120,797 shares of the company's stock, valued at $2,181,593.82. This represents a 1.74 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 40.20% of the company's stock.

Wall Street Analysts Forecast Growth

BRT has been the subject of a number of research reports. B. Riley reduced their target price on shares of BRT Apartments from $22.00 to $21.00 and set a "buy" rating for the company in a report on Thursday, March 27th. Colliers Securities downgraded BRT Apartments from a "buy" rating to a "neutral" rating in a research report on Thursday, March 13th. Finally, StockNews.com raised BRT Apartments from a "sell" rating to a "hold" rating in a research note on Wednesday, April 23rd.

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.

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