BRT Apartments - BRT Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for BRT Apartments in the last twelve months. There are currently 1 hold rating and 3 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.

4 brokers have issued 1-year target prices for BRT Apartments' shares. Their BRT share price forecasts range from $25.00 to $29.00. On average, they predict the company's stock price to reach $27.33 in the next year. This suggests a possible upside of 7.8% 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 $23.99 on January 1st, 2022. Since then, BRT shares have increased by 5.7% and is now trading at $25.35.
View the best growth stocks for 2022 here.

BRT Apartments saw a drop in short interest in July. As of July 31st, there was short interest totaling 158,000 shares, a drop of 7.0% from the July 15th total of 169,900 shares. Based on an average daily trading volume, of 57,600 shares, the days-to-cover ratio is presently 2.7 days. Approximately 1.7% of the company's stock are short sold.
View BRT Apartments' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, November 14th 2022.
View our BRT earnings forecast.

BRT Apartments Corp. (NYSE:BRT) issued 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 33.91% and a net margin of 167.66%. During the same period last year, the firm earned $0.31 earnings per share.

BRT Apartments declared a quarterly dividend on Thursday, June 9th. Stockholders of record on Thursday, June 30th will be given a dividend of $0.25 per share on Friday, July 8th. This represents a $1.00 annualized dividend and a yield of 3.94%. The ex-dividend date of this dividend is Wednesday, June 29th. This is an increase from the stock's previous quarterly dividend of $0.23.
Read our dividend analysis for BRT.

BRT Apartments (NYSE:BRT) pays an annual dividend of $1.00 per share and currently has a dividend yield of 3.94%. 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 24.81%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BRT will have a dividend payout ratio of 53.19% 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), Brookfield Property Partners (BPY), 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 number of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (3.20%), Oppenheimer & Close LLC (1.94%), Avantax Advisory Services Inc. (1.27%), Northern Trust Corp (0.66%), Allspring Global Investments Holdings LLC (0.44%) and ClariVest Asset Management LLC (0.19%). Insiders that own company stock include Fredric H Gould, George Zweier, Investors L P Gould, Jeffrey Gould, Jonathan H Simon, 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.
Compare Top Brokerages Here.

One share of BRT stock can currently be purchased for approximately $25.35.

BRT Apartments (NYSE:BRT) has a market capitalization of $478.35 million and generates $32.06 million in revenue each year. The financial services provider earns $29.11 million in net income (profit) each year or $4.03 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.