S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Biden's Plan to Confiscate Your Cash? (Ad)
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
Saudi Aramco's profits already $88B as oil prices stay high
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Average US gasoline price falls 45 cents to $4.10 per gallon
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Biden's Plan to Confiscate Your Cash? (Ad)
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
Saudi Aramco's profits already $88B as oil prices stay high
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Average US gasoline price falls 45 cents to $4.10 per gallon
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Biden's Plan to Confiscate Your Cash? (Ad)
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
Saudi Aramco's profits already $88B as oil prices stay high
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Average US gasoline price falls 45 cents to $4.10 per gallon
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Biden's Plan to Confiscate Your Cash? (Ad)
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
Saudi Aramco's profits already $88B as oil prices stay high
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Average US gasoline price falls 45 cents to $4.10 per gallon
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
NYSE:BRT

BRT Apartments - BRT Stock Forecast, Price & News

$25.35
+1.59 (+6.69%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$23.76
$25.44
50-Day Range
$20.60
$25.35
52-Week Range
$17.55
$25.44
Volume
137,659 shs
Average Volume
43,750 shs
Market Capitalization
$478.35 million
P/E Ratio
6.29
Dividend Yield
3.94%
Price Target
$27.33

BRT Apartments MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
7.8% Upside
$27.33 Price Target
Short Interest
Healthy
1.71% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.46mentions of BRT Apartments in the last 14 days
Based on 8 Articles This Week
Insider Trading
Acquiring Shares
$2,000 Bought Last Quarter
Proj. Earnings Growth
15.34%
From $1.63 to $1.88 Per Share

Overall MarketRank

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

2.72 out of 5 stars

Finance Sector

282nd out of 926 stocks

Real Estate Investment Trusts Industry

53rd out of 195 stocks

BRT stock logo

About BRT Apartments (NYSE:BRT) Stock

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

Analysts Set New Price Targets

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

BRT Apartments Stock Up 6.7 %

Shares of NYSE:BRT traded up $1.59 during midday trading on Friday, hitting $25.35. 137,659 shares of the stock were exchanged, compared to its average volume of 43,750. The company has a debt-to-equity ratio of 1.34, a quick ratio of 1.80 and a current ratio of 2.81. BRT Apartments has a 52-week low of $17.55 and a 52-week high of $25.44. The business's fifty day simple moving average is $22.32 and its two-hundred day simple moving average is $22.42. The company has a market capitalization of $478.35 million, a PE ratio of 6.29, a P/E/G ratio of 2.74 and a beta of 1.22.

BRT Apartments (NYSE:BRT - Get Rating) last posted its earnings results on Monday, August 8th. The financial services provider reported $1.91 earnings per share for the quarter, beating the consensus estimate of ($0.12) by $2.03. BRT Apartments had a return on equity of 33.91% and a net margin of 167.66%. During the same quarter last year, the company earned $0.31 EPS. As a group, research analysts predict that BRT Apartments will post 1.63 earnings per share for the current fiscal year.

BRT Apartments Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 8th. Shareholders of record on Thursday, June 30th were issued a dividend of $0.25 per share. This is a positive change from BRT Apartments's previous quarterly dividend of $0.23. This represents a $1.00 annualized dividend and a yield of 3.94%. The ex-dividend date was Wednesday, June 29th. BRT Apartments's dividend payout ratio (DPR) is 24.81%.

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BRT Stock News Headlines

BRT Realty (BRT) Q2 FFO Miss Estimates
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%
See More Headlines
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BRT Company Calendar

Ex-Dividend for 7/8 Dividend
6/29/2022
Dividend Payable
7/08/2022
Last Earnings
8/08/2022
Today
8/14/2022
Next Earnings (Estimated)
11/14/2022
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
+7.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$29.11 million
Pretax Margin
169.98%

Debt

Sales & Book Value

Annual Sales
$32.06 million
Cash Flow
$2.21 per share
Book Value
$13.20 per share

Miscellaneous

Free Float
11,944,000
Market Cap
$478.35 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 shares.
View BRT analyst ratings
or view top-rated stocks.

What is BRT Apartments' stock price forecast for 2022?

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.

How have BRT shares performed in 2022?

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
.

Are investors shorting BRT Apartments?

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
.

When is BRT Apartments' next earnings date?

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

How were BRT Apartments' earnings last quarter?

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.

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 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
.

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 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.

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 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
.

How do I buy shares of BRT Apartments?

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.

What is BRT Apartments' stock price today?

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

How much money does BRT Apartments make?

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.

How can I contact BRT Apartments?

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.

This page (NYSE:BRT) was last updated on 8/14/2022 by MarketBeat.com Staff

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