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

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

BRT Apartments announced a quarterly dividend on Tuesday, December 10th. Stockholders of record on Friday, December 20th will be paid a dividend of $0.22 per share on Tuesday, January 7th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 4.94%. The ex-dividend date is Thursday, December 19th. This is a positive change from BRT Apartments's previous quarterly dividend of $0.20. View BRT Apartments' Dividend History.

BRT Apartments Corp (NYSE:BRT) announced its quarterly earnings results on Wednesday, November, 6th. The financial services provider reported $0.20 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.21 by $0.01. The financial services provider had revenue of $34.04 million for the quarter, compared to the consensus estimate of $32.66 million. BRT Apartments had a net margin of 2.15% and a return on equity of 0.99%. View BRT Apartments' Earnings History.

BRT Apartments is scheduled to release their next quarterly earnings announcement on Thursday, February 6th 2020. View Earnings Estimates for BRT Apartments.

2 Wall Street analysts have issued 1-year price objectives for BRT Apartments' shares. Their forecasts range from $16.00 to $16.00. On average, they expect BRT Apartments' stock price to reach $16.00 in the next year. This suggests that the stock has a possible downside of 10.1%. View Analyst Price Targets for BRT Apartments.

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

News articles about BRT stock have trended somewhat positive recently, according to InfoTrie. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. BRT Apartments earned a news impact score of 1.3 on InfoTrie's scale. They also assigned news stories about the financial services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the near term. View News Stories for BRT Apartments.

BRT Apartments saw a decrease in short interest in the month of December. As of December 31st, there was short interest totalling 32,100 shares, a decrease of 24.3% from the December 15th total of 42,400 shares. Based on an average trading volume of 34,200 shares, the short-interest ratio is currently 0.9 days. Currently, 0.3% of the company's stock are short sold. View BRT Apartments' Current Options Chain.

Some companies that are related to BRT Apartments include ARMOUR Residential REIT (ARR), Granite Point Mortgage Trust (GPMT), Urstadt Biddle Properties (UBA), Community Healthcare Trust (CHCT), istar (STAR), Northstar Realty Europe (NRE), Investors Real Estate Trust Reit (IRET), Ready Capital (RC), Chatham Lodging Trust (CLDT), CAPSTEAD MTG CO/SH (CMO), Urstadt Biddle Properties (UBP), City Office REIT (CIO), Washington Prime Group (WPG), UMH PROPERTIES/SH SH (UMH) and New Senior Investment Group (SNR).

Based on aggregate information from My MarketBeat watchlists, some companies that other BRT Apartments investors own include ARBOR RLTY TR I/SH (ABR), Ford Motor (F), New Residential Investment (NRZ), Banco Santander (SAN), Walmart (WMT), Ashford Hospitality Trust (AHT), ARMOUR Residential REIT (ARR), CHIMERA INVT CO/SH NEW (CIM), General Electric (GE) and Orchid Island Capital (ORC).

BRT Apartments' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Albert D Mason Inc. (0.69%), Nisa Investment Advisors LLC (0.02%) and State of Alaska Department of Revenue (0.02%). 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 Albert D Mason Inc.. View Insider Buying and Selling for BRT Apartments.

BRT stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue and Nisa Investment Advisors LLC. 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, Robinhood, Fidelity and Charles Schwab.

One share of BRT stock can currently be purchased for approximately $17.80.

BRT Apartments has a market capitalization of $286.22 million and generates $119.64 million in revenue each year. The financial services provider earns $8.07 million in net income (profit) each year or $0.97 on an earnings per share basis. BRT Apartments employs 13 workers across the globe.View Additional Information About BRT Apartments.

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.