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S&P 500   4,283.85
DOW   33,573.28
QQQ   354.84
High Dividend REITs: Are They an Ideal Way to Diversify?
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Dollar General May Create an Opportunity for Patient Investors
Is Frontline's 20% Dividend Too Good To Be True?
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
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Wheat prices jump following collapse of major dam in southern Ukraine
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Here’s What’s Driving the Price of Carvana Higher
Stock market today: Asian stocks mixed as Wall St inches toward bull market
S&P 500   4,283.85
DOW   33,573.28
QQQ   354.84
High Dividend REITs: Are They an Ideal Way to Diversify?
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Dollar General May Create an Opportunity for Patient Investors
Is Frontline's 20% Dividend Too Good To Be True?
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
3 Reasons The Wayfair Rally Is Way Overdone
Wheat prices jump following collapse of major dam in southern Ukraine
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Here’s What’s Driving the Price of Carvana Higher
Stock market today: Asian stocks mixed as Wall St inches toward bull market
S&P 500   4,283.85
DOW   33,573.28
QQQ   354.84
High Dividend REITs: Are They an Ideal Way to Diversify?
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Dollar General May Create an Opportunity for Patient Investors
Is Frontline's 20% Dividend Too Good To Be True?
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
3 Reasons The Wayfair Rally Is Way Overdone
Wheat prices jump following collapse of major dam in southern Ukraine
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Here’s What’s Driving the Price of Carvana Higher
Stock market today: Asian stocks mixed as Wall St inches toward bull market
NYSE:BRT

BRT Apartments (BRT) Stock Forecast, Price & News

$19.74
+0.64 (+3.35%)
(As of 06/6/2023 ET)
Compare
Today's Range
$19.01
$19.76
50-Day Range
$16.85
$19.95
52-Week Range
$16.43
$25.67
Volume
37,986 shs
Average Volume
64,298 shs
Market Capitalization
$378.61 million
P/E Ratio
10.67
Dividend Yield
5.07%
Price Target
$27.67

BRT Apartments MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
40.2% Upside
$27.67 Price Target
Short Interest
Healthy
1.23% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.31mentions of BRT Apartments in the last 14 days
Based on 4 Articles This Week
Insider Trading
Acquiring Shares
$1.87 M Bought Last Quarter
Proj. Earnings Growth
10.32%
From $1.55 to $1.71 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.22 out of 5 stars

Finance Sector

51st out of 860 stocks

Real Estate Investment Trusts Industry

7th out of 188 stocks


BRT stock logo

About BRT Apartments (NYSE:BRT) Stock

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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BRT Stock News Headlines

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StockNews.com Begins Coverage on BRT Apartments (NYSE:BRT)
Free Stock Analysis Report: Get Buy, Sell, or Hold Recommendation
Get a full report that tells you what a stock is really worth, how safe the stock is, and if the timing is right to buy the stock. Plus a definitive Buy, Sell, Hold recommendation.
Seeking a way through
10-Q: BRT APARTMENTS CORP.
Q1 2023 BRT Apartments Corp Earnings Call
BRT Apartments (BRT) Gets a Buy from Colliers Securities
BRT: Q1 Earnings Snapshot
What Wall Street expects from BRT Realty Trus's earnings
What's slowing down the GRTC Pulse
The collateral damage of empty apartment buildings
See More Headlines

BRT Price History

BRT Company Calendar

Last Earnings
8/08/2022
Ex-Dividend for 4/4 Dividend
3/24/2023
Dividend Payable
4/04/2023
Today
6/06/2023
Next Earnings (Estimated)
8/14/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
N/A
Sector
Finance
Employees
9
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$27.67
High Stock Price Forecast
$30.00
Low Stock Price Forecast
$25.00
Forecasted Upside/Downside
+40.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$49.96 million
Pretax Margin
43.05%

Debt

Sales & Book Value

Annual Sales
$82.03 million
Cash Flow
$4.31 per share
Book Value
$13.20 per share

Miscellaneous

Free Float
11,834,000
Market Cap
$377.27 million
Optionable
Not Optionable
Beta
1.07

Key Executives

  • Jeffrey A. Gould
    President, Chief Executive Officer & Director
  • Ryan BaltimoreRyan Baltimore
    Chief Operating Officer
  • George E. ZweierGeorge E. Zweier
    Chief Financial Officer, PAO & Vice President
  • Mitchell K. GouldMitchell K. Gould
    Executive Vice President
  • Matthew J. Gould
    Director & Senior Vice President













BRT Stock - Frequently Asked Questions

Should I buy or sell BRT Apartments stock right now?

2 Wall Street 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 analysts is that investors should "buy" BRT shares.
View BRT analyst ratings
or view top-rated stocks.

What is BRT Apartments' stock price forecast for 2023?

2 equities research analysts have issued 1-year price objectives for BRT Apartments' stock. Their BRT share price forecasts range from $25.00 to $30.00. On average, they anticipate the company's share price to reach $27.67 in the next twelve months. This suggests a possible upside of 40.7% 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 2023?

BRT Apartments' stock was trading at $19.64 on January 1st, 2023. Since then, BRT shares have increased by 0.2% and is now trading at $19.67.
View the best growth stocks for 2023 here
.

Are investors shorting BRT Apartments?

BRT Apartments saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 138,500 shares, a decline of 14.1% from the April 30th total of 161,200 shares. Based on an average trading volume of 75,200 shares, the days-to-cover ratio is presently 1.8 days. Currently, 1.2% of the company's shares are short sold.
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, August 14th 2023.
View our BRT earnings forecast
.

How were BRT Apartments' earnings last quarter?

BRT Apartments Corp. (NYSE:BRT) issued its quarterly earnings results on Monday, August, 8th. The financial services provider reported $1.91 earnings per share for the quarter, beating analysts' consensus estimates of ($0.12) by $2.03. BRT Apartments had a trailing twelve-month return on equity of 13.74% and a net margin of 41.87%. During the same quarter in the prior year, the business posted $0.31 earnings per share.

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

BRT Apartments announced a quarterly dividend on Tuesday, March 14th. Investors of record on Monday, March 27th will be given a dividend of $0.25 per share on Tuesday, April 4th. This represents a $1.00 dividend on an annualized basis and a yield of 5.08%. The ex-dividend date is Friday, March 24th.
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 5.41%. BRT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 54.05%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BRT will have a dividend payout ratio of 58.48% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BRT.

What other stocks do shareholders of BRT Apartments own?
What is BRT Apartments' stock symbol?

BRT Apartments trades on the New York Stock Exchange (NYSE) under the ticker symbol "BRT."

Who are BRT Apartments' major shareholders?

BRT Apartments' stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (4.87%), Renaissance Technologies LLC (2.75%), Oppenheimer & Close LLC (1.76%), Avantax Advisory Services Inc. (1.47%), Geode Capital Management LLC (1.21%) and State Street Corp (1.20%). Insiders that own company stock include Fredric H Gould, George Zweier, Investors L P Gould, Isaac Kalish, Jeffrey Gould, Jonathan H Simon, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is BRT Apartments' stock price today?

One share of BRT stock can currently be purchased for approximately $19.67.

How much money does BRT Apartments make?

BRT Apartments (NYSE:BRT) has a market capitalization of $377.27 million and generates $82.03 million in revenue each year. The financial services provider earns $49.96 million in net income (profit) each year or $1.85 on an earnings per share basis.

How can I contact BRT Apartments?

BRT Apartments' mailing address is 60 Cutter Mill Road, Great Neck NY, 11021. The official website for the company is www.brtapartments.com. The financial services provider can be reached via phone at (516) 466-3100, via email at investors@brtapartments.com, or via fax at 516-466-3132.

This page (NYSE:BRT) was last updated on 6/7/2023 by MarketBeat.com Staff

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