NYSE:BRT - BRT Apartments Stock Price, Price Target & More

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$13.57 -0.39 (-2.79 %)
(As of 07/20/2018 04:00 PM ET)
Previous Close$13.96
Today's Range$13.57 - $13.95
52-Week Range$7.55 - $14.20
Volume51,700 shs
Average Volume58,109 shs
Market Capitalization$199.37 million
P/E Ratio20.82
Dividend Yield5.76%
Beta0.43
BRT Apartments logoBRT is a real estate investment trust that owns, operates and develops multi-family properties. Interested parties are urged to review the Form 10-Q filed with the Securities and Exchange Commission for the quarter ended March 31, 2018 and the supplemental disclosures regarding the quarter on the investor relations section of the Company's website at: http://brtapartments.com/investor_relations for further details. The Form 10-Q can also be linked through the ?Investor Relations? section of BRT's website. For additional information on BRT's operations, activities and properties, please visit its website at www.brtapartments.com.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
SymbolNYSE:BRT
CUSIPN/A
Phone516-466-3100

Debt

Debt-to-Equity Ratio2.68
Current Ratio2.58
Quick Ratio2.58

Price-To-Earnings

Trailing P/E Ratio20.82
Forward P/E Ratio12.80
P/E GrowthN/A

Sales & Book Value

Annual Sales$105.77 million
Price / Sales1.84
Cash Flow$3.2387 per share
Price / Cash4.19
Book Value$16.88 per share
Price / Book0.80

Profitability

EPS (Most Recent Fiscal Year)$0.67
Net Income$13.60 million
Net Margins29.70%
Return on Equity13.38%
Return on Assets3.30%

Miscellaneous

Employees12
Outstanding Shares14,340,000
Market Cap$199.37

BRT Apartments (NYSE:BRT) Frequently Asked Questions

What is BRT Apartments' stock symbol?

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

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

BRT Apartments announced a quarterly dividend on Tuesday, June 12th. Investors of record on Monday, June 25th will be given a dividend of $0.20 per share on Friday, July 6th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 5.90%. The ex-dividend date is Friday, June 22nd. View BRT Apartments' Dividend History.

How will BRT Apartments' stock buyback program work?

BRT Apartments declared that its Board of Directors has initiated a stock buyback plan on Wednesday, September 13th 2017, which permits the company to buyback $5,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 3.6% of its shares through open market purchases. Shares buyback plans are often an indication that the company's board believes its stock is undervalued.

How were BRT Apartments' earnings last quarter?

BRT Apartments Corp (NYSE:BRT) released its quarterly earnings results on Tuesday, May, 8th. The financial services provider reported $1.75 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.15 by $0.60. The financial services provider earned $29.65 million during the quarter, compared to the consensus estimate of $28.87 million. BRT Apartments had a return on equity of 13.38% and a net margin of 29.70%. View BRT Apartments' Earnings History.

When is BRT Apartments' next earnings date?

BRT Apartments is scheduled to release their next quarterly earnings announcement on Tuesday, August, 14th 2018. View Earnings Estimates for BRT Apartments.

What price target have analysts set for BRT?

4 Wall Street analysts have issued twelve-month price targets for BRT Apartments' stock. Their predictions range from $10.50 to $16.00. On average, they anticipate BRT Apartments' share price to reach $13.0625 in the next twelve months. This suggests that the stock has a possible downside of 3.7%. View Analyst Ratings for BRT Apartments.

What is the consensus analysts' recommendation for BRT Apartments?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BRT Apartments in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

What are Wall Street analysts saying about BRT Apartments stock?

Here are some recent quotes from research analysts about BRT Apartments stock:
  • 1. According to Zacks Investment Research, "BRT is a real estate investment trust. BRT's primary business activity is to originate and hold for investment for its own account, senior real estate mortgage loans secured by income producing real property and, to a lesser extent, junior real estate mortgage loans secured by income producing real property and senior mortgage loans secured by undeveloped real property. " (7/17/2018)
  • 2. FBR & Co analysts commented, "We are initiating coverage of BRT Apartments Corp. (BRT) with a Buy rating and a 12-month price target of $11.75 per share, representing 22% total return potential. BRT holds a portfolio of predominantly Sunbelt properties with a mix of class A (approximately one-third of the portfolio, in our estimation) and class B multifamily assets. BRT has transitioned over the last several years from a commercial mortgage REIT to a multifamily REIT and recently reinstated a $0.72 per share dividend that we forecast to be paid out at a projected 82% of AFFO in 2018. We find the shares attractive on a price/NAV basis, trading at 76% of our $13.40 NAV per share estimate (based on 2018E NOI and an average 6% cap rate for the portfolio), versus the multifamily REIT average of 97%. BRT compares favorably on price/ earnings multiples relative to peers (trading at 12.6x 2018E FFO of $0.81, versus peers at 19.3x)." (10/26/2017)

Who are some of BRT Apartments' key competitors?

Who are BRT Apartments' key executives?

BRT Apartments' management team includes the folowing people:
  • Mr. Jeffrey Alan Gould, Pres, CEO & Director (Age 52)
  • Mr. George E. Zweier, VP, CFO & Principal Accounting Officer (Age 54)
  • Mr. David W. Kalish, Sr. VP of Fin. (Age 71)
  • Mr. Mitchell K. Gould, Exec. VP (Age 46)
  • Mr. Steven Rosenzweig, VP (Age 43)

Has BRT Apartments been receiving favorable news coverage?

Press coverage about BRT stock has trended somewhat positive this week, Accern reports. Accern identifies positive and negative news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. BRT Apartments earned a daily sentiment score of 0.02 on Accern's scale. They also gave news stories about the financial services provider an impact score of 45.38 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

Who are BRT Apartments' major shareholders?

BRT Apartments' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Municipal Employees Retirement System of Michigan (0.20%). Company insiders that own BRT Apartments stock include George Zweier and Jeffrey Rubin. View Institutional Ownership Trends for BRT Apartments.

Which institutional investors are buying BRT Apartments stock?

BRT stock was acquired by a variety of institutional investors in the last quarter, including Municipal Employees Retirement System of Michigan. View Insider Buying and Selling for BRT Apartments.

How do I buy shares of BRT Apartments?

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

What is BRT Apartments' stock price today?

One share of BRT stock can currently be purchased for approximately $13.57.

How big of a company is BRT Apartments?

BRT Apartments has a market capitalization of $199.37 million and generates $105.77 million in revenue each year. The financial services provider earns $13.60 million in net income (profit) each year or $0.67 on an earnings per share basis. BRT Apartments employs 12 workers across the globe.

How can I contact BRT Apartments?

BRT Apartments' mailing address is 60 Cutter Mill Road, Great Neck NY, 11021. The financial services provider can be reached via phone at 516-466-3100.


MarketBeat Community Rating for BRT Apartments (NYSE BRT)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  157 (Vote Outperform)
Underperform Votes:  180 (Vote Underperform)
Total Votes:  337
MarketBeat's community ratings are surveys of what our community members think about BRT Apartments and other stocks. Vote "Outperform" if you believe BRT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BRT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/20/2018 by MarketBeat.com Staff

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