S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Demand for grocery delivery cools as food costs rise
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Dems push Biden climate, health priorities toward Senate OK
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Demand for grocery delivery cools as food costs rise
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Dems push Biden climate, health priorities toward Senate OK
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Demand for grocery delivery cools as food costs rise
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Dems push Biden climate, health priorities toward Senate OK
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Demand for grocery delivery cools as food costs rise
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Dems push Biden climate, health priorities toward Senate OK
NYSE:BRT

BRT Apartments (BRT) Stock Forecast, Price & News

$22.07
-0.18 (-0.81%)
(As of 08/5/2022 12:00 AM ET)
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Compare
Today's Range
$22.01
$22.32
50-Day Range
$20.60
$23.46
52-Week Range
$17.48
$25.31
Volume
25,418 shs
Average Volume
37,111 shs
Market Capitalization
$410.50 million
P/E Ratio
8.97
Dividend Yield
4.53%
Price Target
$27.33

BRT Apartments MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
23.8% Upside
$27.33 Price Target
Short Interest
Healthy
1.84% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.45mentions of BRT Apartments in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
$140,411 Bought Last Quarter
Proj. Earnings Growth
7.79%
From $1.54 to $1.66 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.70 out of 5 stars

Finance Sector

255th out of 1,176 stocks

Real Estate Investment Trusts Industry

60th out of 215 stocks

BRT Apartments logo

About BRT Apartments (NYSE:BRT) Stock

BRT is a real estate investment trust that owns, operates and develops multi-family properties.

Analyst Ratings Changes

Several brokerages have weighed in on BRT. StockNews.com raised shares of BRT Apartments from a "hold" rating to a "buy" rating in a research note on Thursday, July 7th. JMP Securities restated a "buy" rating and set a $28.00 price target on shares of BRT Apartments in a research report on Wednesday, May 25th. Finally, TheStreet upgraded BRT Apartments from a "c+" rating to a "b-" rating in a research report on Tuesday, May 10th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $27.33.

BRT Apartments Trading Down 0.8 %

Shares of NYSE:BRT opened at $22.07 on Friday. BRT Apartments has a 1-year low of $17.48 and a 1-year high of $25.31. The company has a 50-day moving average of $22.25 and a two-hundred day moving average of $22.34. The company has a market cap of $410.50 million, a PE ratio of 8.97, a P/E/G ratio of 2.41 and a beta of 1.22. The company has a current ratio of 1.80, a quick ratio of 1.80 and a debt-to-equity ratio of 1.16.

BRT Apartments (NYSE:BRT - Get Rating) last posted its quarterly earnings data on Monday, May 9th. The financial services provider reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.52 by $0.10. BRT Apartments had a net margin of 121.97% and a return on equity of 22.09%. During the same period in the previous year, the firm posted $0.30 earnings per share. As a group, equities analysts expect that BRT Apartments will post 1.54 earnings per share for the current fiscal year.

BRT Apartments Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 8th. Investors of record on Thursday, June 30th were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 4.53%. This is a positive change from BRT Apartments's previous quarterly dividend of $0.23. The ex-dividend date of this dividend was Wednesday, June 29th. BRT Apartments's dividend payout ratio (DPR) is presently 40.65%.

Insiders Place Their Bets

In other BRT Apartments news, major shareholder Investors L. P. Gould bought 6,924 shares of BRT Apartments stock in a transaction dated Thursday, May 12th. The shares were bought at an average price of $19.99 per share, with a total value of $138,410.76. Following the purchase, the insider now owns 2,996,822 shares of the company's stock, valued at $59,906,471.78. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 36.70% of the company's stock.

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BRT Stock News Headlines

LXP Industrial (LXP) Q2 FFO Match Estimates
BRT Apartments Corp. Completes Transactions
BRT Apartments declares $0.25 dividend
BRT Apartments Corp. Raises Quarterly Dividend 8.7%
BRT Apartments Is Overlooked By The Market
See More Headlines

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BRT Company Calendar

Last Earnings
5/09/2022
Ex-Dividend for 7/8 Dividend
6/29/2022
Dividend Payable
7/08/2022
Today
8/07/2022
Next Earnings (Confirmed)
8/08/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
N/A
Sector
Finance
Employees
9
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$27.33
High Stock Price Forecast
$29.00
Low Stock Price Forecast
$25.00
Forecasted Upside/Downside
+23.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$29.11 million
Pretax Margin
122.96%

Debt

Sales & Book Value

Annual Sales
$32.06 million
Cash Flow
$2.21 per share
Book Value
$11.13 per share

Miscellaneous

Free Float
11,776,000
Market Cap
$410.50 million
Optionable
Not Optionable
Beta
1.22














BRT Stock - Frequently Asked Questions

Should I buy or sell BRT Apartments stock right now?

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 Apartments stock.
View analyst ratings for BRT Apartments
or view top-rated stocks.

What is BRT Apartments' stock price forecast for 2022?

4 analysts have issued 1-year price objectives for BRT Apartments' shares. Their BRT stock forecasts range from $25.00 to $29.00. On average, they anticipate BRT Apartments' share price to reach $27.33 in the next twelve months. This suggests a possible upside of 23.8% from the stock's current price.
View analysts' price targets for BRT Apartments
or view top-rated stocks among Wall Street analysts.

How has BRT Apartments' stock performed in 2022?

BRT Apartments' stock was trading at $23.99 at the start of the year. Since then, BRT shares have decreased by 8.0% and is now trading at $22.07.
View the best growth stocks for 2022 here
.

When is BRT Apartments' next earnings date?

BRT Apartments is scheduled to release its next quarterly earnings announcement on Monday, August 8th 2022.
View our earnings forecast for BRT Apartments
.

How can I listen to BRT Apartments' earnings call?

BRT Apartments will be holding an earnings conference call on Tuesday, August 9th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "10019825".

How were BRT Apartments' earnings last quarter?

BRT Apartments Corp. (NYSE:BRT) posted its quarterly earnings results on Monday, May, 9th. The financial services provider reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.52 by $0.10. BRT Apartments had a net margin of 121.97% and a trailing twelve-month return on equity of 22.09%. During the same period in the prior year, the business earned $0.30 earnings per share.

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

BRT Apartments declared a quarterly dividend on Thursday, June 9th. Stockholders of record on Thursday, June 30th will be paid a dividend of $0.25 per share on Friday, July 8th. This represents a $1.00 annualized dividend and a dividend yield of 4.53%. The ex-dividend date is Wednesday, June 29th. This is a boost from BRT Apartments's previous quarterly dividend of $0.23.
View BRT Apartments' dividend history
.

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 4.49%. 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 40.65%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BRT Apartments will have a dividend payout ratio of 60.24% next year. This indicates that BRT Apartments will be able to sustain or increase its dividend.
View BRT Apartments' dividend history.

What other stocks do shareholders of BRT Apartments own?

What is BRT Apartments' stock symbol?

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

Who are BRT Apartments' major shareholders?

BRT Apartments' stock is owned by a number of retail and institutional investors. Top institutional investors include Oppenheimer & Close LLC (1.94%), Avantax Advisory Services Inc. (1.27%), Allspring Global Investments Holdings LLC (0.44%), Schnieders Capital Management LLC (0.19%), Asset Management One Co. Ltd. (0.11%) and Abacus Planning Group Inc. (0.09%). Company insiders that own BRT Apartments 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 for BRT Apartments
.

How do I buy shares of 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is BRT Apartments' stock price today?

One share of BRT stock can currently be purchased for approximately $22.07.

How much money does BRT Apartments make?

BRT Apartments (NYSE:BRT) has a market capitalization of $410.50 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 $2.46 on an earnings per share basis.

How many employees does BRT Apartments have?

BRT Apartments employs 9 workers across the globe.

How can I contact BRT Apartments?

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 investors@brtapartments.com, or via fax at 516-466-3132.

This page (NYSE:BRT) was last updated on 8/7/2022 by MarketBeat.com Staff

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