BRT Apartments Stock Forecast, Price & News

4 Wall Street 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 analysts is that investors should "moderate buy" BRT Apartments stock.
View analyst ratings for BRT Apartments or view top-rated stocks.

4 analysts have issued 1 year target prices for BRT Apartments' shares. Their BRT stock forecasts range from $25.00 to $29.00. On average, they predict BRT Apartments' stock price to reach $27.33 in the next twelve months. This suggests a possible upside of 23.3% from the stock's current price.
View analysts' price targets for BRT Apartments 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 decreased by 7.6% and is now trading at $22.17.
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BRT Apartments saw a decline in short interest during the month of June. As of June 15th, there was short interest totaling 139,900 shares, a decline of 16.7% from the May 31st total of 167,900 shares. Based on an average trading volume of 60,200 shares, the days-to-cover ratio is currently 2.3 days. Approximately 1.5% of the company's shares are sold short.
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BRT Apartments is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for BRT Apartments.

BRT Apartments Corp. (NYSE:BRT) announced its earnings results on Monday, May, 9th. The financial services provider reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.10. BRT Apartments had a trailing twelve-month return on equity of 22.09% and a net margin of 121.97%. During the same quarter in the previous year, the company earned $0.30 EPS.
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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 dividend on an annualized basis and a dividend yield of 4.51%. The ex-dividend date is Wednesday, June 29th. This is a positive change from BRT Apartments's previous quarterly dividend of $0.23.
View BRT Apartments' dividend history.

BRT Apartments(NYSE:BRT) pays an annual dividend of $0.92 per share and currently has a dividend yield of 4.31%. BRT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. BRT Apartments 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 of BRT Apartments is 37.40%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BRT Apartments will have a dividend payout ratio of 55.42% next year. This indicates that BRT Apartments will be able to sustain or increase its dividend.
View BRT Apartments' dividend history.

Some companies that are related to BRT Apartments include NexPoint Residential Trust (NXRT), Paramount Group (PGRE), Preferred Apartment Communities (APTS), Acadia Realty Trust (AKR), LTC Properties (LTC), Apollo Commercial Real Estate Finance (ARI), Tanger Factory Outlet Centers (SKT), Global Net Lease (GNL), PennyMac Mortgage Investment Trust (PMT), Ladder Capital (LADR), CoreCivic (CXW), Alexander & Baldwin (ALEX), InterRent Real Estate Investment Trust (IIPZF), Centerspace (CSR) and Veris Residential (VRE).
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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."

Shares of BRT 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 $22.17.

BRT Apartments (NYSE:BRT) has a market capitalization of $412.43 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 $2.459990 on an earnings per share basis.

BRT Apartments employs 9 workers across the globe.

BRT Apartments' mailing address is 60 Cutter Mill Road, Great Neck NY, 11021. The official website for BRT Apartments is www.brtapartments.com. The financial services provider can be reached via phone at (516) 466-3100, via email at [email protected], or via fax at 516-466-3132.