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Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
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3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
NYSE:BRT

BRT Apartments (BRT) Stock Price, News & Analysis

$17.37
+0.75 (+4.51%)
(As of 04/19/2024 ET)
Today's Range
$16.63
$17.38
50-Day Range
$15.35
$17.70
52-Week Range
$15.21
$20.69
Volume
45,864 shs
Average Volume
42,242 shs
Market Capitalization
$322.73 million
P/E Ratio
96.51
Dividend Yield
5.76%
Price Target
$21.75

BRT Apartments MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
25.2% Upside
$21.75 Price Target
Short Interest
Healthy
1.14% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.82mentions of BRT Apartments in the last 14 days
Based on 25 Articles This Week
Insider Trading
Acquiring Shares
$1.69 M Bought Last Quarter
Proj. Earnings Growth
0.83%
From $1.20 to $1.21 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.29 out of 5 stars

Finance Sector

238th out of 845 stocks

Real Estate Investment Trusts Industry

47th out of 179 stocks

BRT stock logo

About BRT Apartments Stock (NYSE:BRT)

BRT is a real estate investment trust that owns, operates and, to a lesser extent, holds interests in joint ventures that own multi-family properties. As of December 31, 2023, BRT owns or has interests in 28 multi-family properties with 7,707 units in 11 states.

BRT Stock Price History

BRT Stock News Headlines

The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
BRT Apartments CEO buys $206k in company stock
B. Riley Initiates Coverage on BRT Apartments (NYSE:BRT)
See More Headlines
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Company Calendar

Last Earnings
8/08/2022
Ex-Dividend for 4/4 Dividend
3/26/2024
Dividend Payable
4/04/2024
Today
4/19/2024
Next Earnings (Estimated)
5/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
N/A
Employees
10
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$21.75
High Stock Price Target
$24.00
Low Stock Price Target
$19.50
Potential Upside/Downside
+25.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$3.87 million
Pretax Margin
4.35%

Debt

Sales & Book Value

Annual Sales
$93.62 million
Cash Flow
$2.19 per share
Book Value
$12.28 per share

Miscellaneous

Free Float
11,466,000
Market Cap
$322.55 million
Optionable
Optionable
Beta
1.15
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BRT Stock Analysis - Frequently Asked Questions

Should I buy or sell BRT Apartments stock right now?

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

What is BRT Apartments' stock price target for 2024?

2 brokerages have issued 1 year target prices for BRT Apartments' stock. Their BRT share price targets range from $19.50 to $24.00. On average, they expect the company's share price to reach $21.75 in the next twelve months. This suggests a possible upside of 25.2% 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 2024?

BRT Apartments' stock was trading at $18.59 at the beginning of the year. Since then, BRT shares have decreased by 6.6% and is now trading at $17.37.
View the best growth stocks for 2024 here
.

Are investors shorting BRT Apartments?

BRT Apartments saw a decline in short interest in March. As of March 31st, there was short interest totaling 125,000 shares, a decline of 10.1% from the March 15th total of 139,000 shares. Based on an average trading volume of 40,600 shares, the short-interest ratio is presently 3.1 days. Approximately 1.1% of the company's stock 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, May 13th 2024.
View our BRT earnings forecast
.

How were BRT Apartments' earnings last quarter?

BRT Apartments Corp. (NYSE:BRT) released its quarterly earnings results on Monday, August, 8th. The financial services provider reported $1.91 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.12) by $2.03. BRT Apartments had a net margin of 4.14% and a trailing twelve-month return on equity of 1.62%. During the same period last year, the firm posted $0.31 EPS.

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

BRT Apartments declared a quarterly dividend on Monday, March 11th. Stockholders of record on Wednesday, March 27th will be paid a dividend of $0.25 per share on Thursday, April 4th. This represents a $1.00 dividend on an annualized basis and a yield of 5.76%. The ex-dividend date of this dividend is Tuesday, March 26th.
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 6.05%. BRT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 555.59%. 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 82.64% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for BRT.

What ETFs hold BRT Apartments' stock?
What other stocks do shareholders of BRT Apartments own?
Who are BRT Apartments' major shareholders?

BRT Apartments' stock is owned by a number of institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.11%). 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
.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:BRT) was last updated on 4/19/2024 by MarketBeat.com Staff

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