BRT Apartments (BRT) Stock Forecast, Price & News

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

2 Wall Street analysts have issued twelve-month price targets for BRT Apartments' shares. Their BRT share price forecasts range from $25.00 to $30.00. On average, they predict the company's stock price to reach $27.67 in the next year. This suggests a possible upside of 41.2% from the stock's current price.
View analysts price targets for BRT or view top-rated stocks among Wall Street analysts.

BRT Apartments' stock was trading at $19.64 at the start of the year. Since then, BRT shares have decreased by 0.3% and is now trading at $19.59.
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BRT Apartments saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 138,500 shares, a drop 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 currently 1.8 days. Approximately 1.2% of the shares of the company are short sold.
View BRT Apartments' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, August 14th 2023.
View our BRT earnings forecast.

BRT Apartments Corp. (NYSE:BRT) announced its earnings results on Monday, August, 8th. The financial services provider reported $1.91 EPS for the quarter, beating the consensus estimate of ($0.12) by $2.03. BRT Apartments had a net margin of 41.87% and a trailing twelve-month return on equity of 13.74%. During the same period last year, the firm posted $0.31 EPS.

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 dividend yield of 5.10%. The ex-dividend date is Friday, March 24th.
Read our dividend analysis for BRT.

ETFs with the largest weight of BRT Apartments (NYSE:BRT) stock in their portfolio include ALPS REIT Dividend Dogs ETF (RDOG), AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC), Kelly Residential & Apartment Real Estate ETF (RESI), Residential REIT ETF (HAUS), Hartford Multifactor Small Cap ETF (ROSC), iShares Residential and Multisector Real Estate ETF (REZ), iShares Core U.S. REIT ETF (USRT) and First Trust S&P REIT Index Fund (FRI).

BRT Apartments (NYSE:BRT) pays an annual dividend of $1.00 per share and currently has a dividend yield of 5.07%. 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.

Based on aggregate information from My MarketBeat watchlists, some companies that other BRT Apartments investors own include Arbor Realty Trust (ABR), AGNC Investment (AGNC), AT&T (T), Annaly Capital Management (NLY), New Residential Investment (NRZ), Chimera Investment (CIM), Gladstone Investment (GAIN), New York Mortgage Trust (NYMT) and Omega Healthcare Investors (OHI).

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

BRT Apartments' stock is owned by a variety of retail and institutional investors. Top institutional investors 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.

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.
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One share of BRT stock can currently be purchased for approximately $19.59.

BRT Apartments (NYSE:BRT) has a market capitalization of $375.74 million and generates $70.53 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.

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.