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

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.

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

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".

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.

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.

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.

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 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.

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 $22.07.

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.

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