NYSE:BRT - BRT Apartments Stock Price, News, & Analysis

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

BRT Apartments declared a quarterly dividend on Wednesday, March 13th. Stockholders of record on Tuesday, March 26th will be given a dividend of $0.20 per share on Friday, April 5th. This represents a $0.80 annualized dividend and a dividend yield of 5.83%. The ex-dividend date is Monday, March 25th. View BRT Apartments' Dividend History.

BRT Apartments declared that its Board of Directors has initiated a stock buyback program on Wednesday, September 13th 2017, which authorizes the company to buyback $5,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 3.6% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board of directors believes its stock is undervalued.

BRT Apartments Corp (NYSE:BRT) released its quarterly earnings data on Thursday, February, 7th. The financial services provider reported $0.51 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.12) by $0.63. The financial services provider earned $31.44 million during the quarter, compared to the consensus estimate of $31.61 million. BRT Apartments had a net margin of 20.77% and a return on equity of 8.64%. View BRT Apartments' Earnings History.

BRT Apartments is scheduled to release their next quarterly earnings announcement on Tuesday, May 14th 2019. View Earnings Estimates for BRT Apartments.

3 analysts have issued twelve-month price targets for BRT Apartments' stock. Their forecasts range from $13.50 to $16.00. On average, they expect BRT Apartments' share price to reach $14.75 in the next twelve months. This suggests a possible upside of 7.4% from the stock's current price. View Analyst Price Targets for BRT Apartments.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BRT Apartments in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for BRT Apartments.

Press coverage about BRT stock has been trending somewhat positive on Saturday, InfoTrie reports. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. BRT Apartments earned a coverage optimism score of 0.9 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an impact on the company's share price in the next few days.

Some companies that are related to BRT Apartments include Northstar Realty Europe (NRE), CorePoint Lodging (CPLG), Urstadt Biddle Properties (UBA), CIM Commercial Trust (CMCT), CAPSTEAD MTG CO/SH (CMO), Hersha Hospitality Trust (HT), Investors Real Estate Trust Reit (IRET), Community Healthcare Trust (CHCT), Preferred Apartment Communities (APTS), Urstadt Biddle Properties (UBP), Select Income REIT (SIR), One Liberty Properties (OLP), AG Mortgage Investment Trust (MITT), istar (STAR) and UMH PROPERTIES/SH SH (UMH).

Based on aggregate information from My MarketBeat watchlists, some companies that other BRT Apartments investors own include New Residential Investment (NRZ), Gladstone Investment (GAIN), Stellus Capital Investment (SCM), ARBOR RLTY TR I/SH (ABR), Apple Hospitality REIT (APLE), Orchid Island Capital (ORC), San Juan Basin Royalty Trust (SJT), Invesco Mortgage Capital (IVR), Brookfield Infrastructure Partners (BIP) and Cross Timbers Royalty Trust (CRT).

BRT Apartments' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.38%), Geode Capital Management LLC (1.63%), Geode Capital Management LLC (1.63%), First Manhattan Co. (1.33%), Bank of New York Mellon Corp (0.87%) and Northern Trust Corp (0.81%). Company insiders that own BRT Apartments stock include George Zweier and Louis C Grassi. View Institutional Ownership Trends for BRT Apartments.

BRT stock was sold by a variety of institutional investors in the last quarter, including Martingale Asset Management L P, Acadian Asset Management LLC, Millennium Management LLC, Northern Trust Corp, Menta Capital LLC, First Manhattan Co., Albert D Mason Inc. and Bessemer Group Inc.. View Insider Buying and Selling for BRT Apartments.

BRT stock was bought by a variety of institutional investors in the last quarter, including B. Riley Wealth Management Inc., BlackRock Inc., Municipal Employees Retirement System of Michigan, Colony Group LLC, Bank of New York Mellon Corp, State of New Jersey Common Pension Fund D, Strs Ohio and Hancock Whitney Corp. View Insider Buying and Selling for BRT Apartments.

Shares of BRT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of BRT stock can currently be purchased for approximately $13.73.

BRT Apartments has a market capitalization of $218.44 million and generates $119.64 million in revenue each year. The financial services provider earns $23.77 million in net income (profit) each year or $0.97 on an earnings per share basis. BRT Apartments employs 13 workers across the globe.

The official website for BRT Apartments is http://www.brtapartments.com.

BRT Apartments' mailing address is 60 Cutter Mill Road, Great Neck NY, 11021. The financial services provider can be reached via phone at 516-466-3100.