BRT Apartments (BRT) Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for BRT Apartments in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" BRT shares.
View BRT analyst ratings or view top-rated stocks.

2 Wall Street analysts have issued 1-year target prices for BRT Apartments' stock. 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 52.1% 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 on January 1st, 2023. Since then, BRT stock has decreased by 7.4% and is now trading at $18.19.
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The company is scheduled to release its next quarterly earnings announcement on Monday, November 6th 2023.
View our BRT earnings forecast.

BRT Apartments Corp. (NYSE:BRT) posted its earnings results on Monday, August, 8th. The financial services provider reported $1.91 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.12) by $2.03. BRT Apartments had a trailing twelve-month return on equity of 3.99% and a net margin of 10.97%. During the same quarter last year, the company earned $0.31 earnings per share.

BRT Apartments declared a quarterly dividend on Wednesday, June 14th. Shareholders of record on Monday, June 26th will be paid a dividend of $0.25 per share on Thursday, July 6th. This represents a $1.00 annualized dividend and a dividend yield of 5.50%. The ex-dividend date of this dividend is Friday, June 23rd.
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), Kelly Residential & Apartment Real Estate ETF (RESI) and Residential REIT ETF (HAUS).iShares Residential and Multisector Real Estate ETF (REZ).

BRT Apartments (NYSE:BRT) pays an annual dividend of $1.00 per share and currently has a dividend yield of 5.46%. 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 192.31%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, BRT will have a dividend payout ratio of 77.52% in the coming year. This indicates that the company may not be able to sustain their current 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 institutional and retail investors. Top institutional investors include BlackRock Inc. (5.23%), Renaissance Technologies LLC (2.42%), State of New Jersey Common Pension Fund D (1.34%), Geode Capital Management LLC (1.31%), State Street Corp (1.22%) and Boston Partners (0.86%). Insiders that own company stock include Fredric H Gould, George Zweier, Investors L P Gould, Isaac Kalish, Jeffrey Gould, 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 $18.19.

BRT Apartments (NYSE:BRT) has a market capitalization of $343.06 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 $0.52 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.