BRT Apartments Corp. (BRT)

NYSE: BRT · IEX Real-Time Price · USD
17.64
-0.20 (-1.12%)
May 17, 2024, 4:00 PM EDT - Market closed
-1.12%
Market Cap 329.10M
Revenue (ttm) 94.08M
Net Income (ttm) 4.80M
Shares Out 18.64M
EPS (ttm) 0.22
PE Ratio 80.18
Forward PE n/a
Dividend $1.00 (5.67%)
Ex-Dividend Date Mar 26, 2024
Volume 12,266
Open 17.99
Previous Close 17.84
Day's Range 17.61 - 17.99
52-Week Range 15.21 - 20.69
Beta 1.13
Analysts Strong Buy
Price Target 22.25 (+26.13%)
Earnings Date May 8, 2024

About BRT

BRT is a real estate investment trust that owns, operates and, to a lesser extent, holds interests in joint ventures that own multi-family properties. As of December 31, 2023, BRT owns or has interests in 28 multi-family properties with 7,707 units in 11 states. [Read more]

Sector Real Estate
CEO Jeffrey Alan Gould
Employees 10
Stock Exchange NYSE
Ticker Symbol BRT
Full Company Profile

Financial Performance

In 2023, BRT Apartments's revenue was $93.62 million, an increase of 32.74% compared to the previous year's $70.53 million. Earnings were $3.87 million, a decrease of -92.25%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for BRT stock is "Strong Buy." The 12-month stock price forecast is $22.25, which is an increase of 26.13% from the latest price.

Price Target
$22.25
(26.13% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

BRT Apartments Corp. Files First Quarter 2024 Financial Statements

GREAT NECK, N.Y., May 08, 2024 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP. (NYSE:BRT), a real estate investment trust that owns, operates, and, to a lesser extent, holds interests in joint ventures that ...

10 days ago - GlobeNewsWire

BRT Apartments Corp. Announces Filing Date for First Quarter 2024 Earnings Results

GREAT NECK, N. Y., April 25, 2024 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP. (NYSE:BRT), a real estate investment trust that owns, operates, and, to a lesser extent, holds interests in joint ventures th...

23 days ago - GlobeNewsWire

BRT Apartments Corp. Reports Fourth Quarter and Full Year 2023 Results

GREAT NECK, N.Y., March 12, 2024 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP. (NYSE: BRT), a real estate investment trust that owns, operates, and, to a lesser extent, holds interests in joint ventures th...

2 months ago - GlobeNewsWire

BRT Apartments Corp. Announces Quarterly Dividend

GREAT NECK, N.Y., March 11, 2024 (GLOBE NEWSWIRE) -- BRT Apartments Corp. (NYSE:BRT) announced that its Board of Directors declared a quarterly dividend of $0.25 per share. The dividend is payable Apr...

2 months ago - GlobeNewsWire

BRT Apartments Corp. Schedules Fourth Quarter 2023 Earnings Release and Conference Call Dates

GREAT NECK, N.Y., Feb. 21, 2024 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP. (NYSE:BRT), a real estate investment trust that owns, operates, and, to a lesser extent, holds interests in joint ventures that...

3 months ago - GlobeNewsWire

BRT Apartments Corp. Reports Third Quarter 2023 Results

GREAT NECK, N.Y., Nov. 06, 2023 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP.

6 months ago - GlobeNewsWire

BRT Apartments Corp. Schedules Third Quarter 2023 Earnings Release and Conference Call Dates

GREAT NECK, N.Y., Oct. 24, 2023 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP. (NYSE:BRT), a real estate investment trust that owns, operates, and, to a lesser extent, holds interests in joint ventures that...

7 months ago - GlobeNewsWire

BRT Apartments Corp. Declares Third Quarter 2023 Dividend

GREAT NECK, N.Y., Sept. 21, 2023 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP. (NYSE:BRT), a multi-family real estate investment trust, today announced the Board of Directors has declared a quarterly divid...

8 months ago - GlobeNewsWire

BRT Apartments Corp. Increases Share Repurchase Authorization to $10 Million

GREAT NECK, N.Y., Aug. 15, 2023 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP. (NYSE:BRT), a multi-family real estate investment trust, today announced the Board of Directors has increased the Company's sha...

9 months ago - GlobeNewsWire

BRT Apartments Corp. Reports Second Quarter 2023 Results

– Affirms Full Year 2023 Guidance – GREAT NECK, N. Y. , Aug. 07, 2023 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP.

10 months ago - GlobeNewsWire

BRT Apartments Corp. Schedules Second Quarter 2023 Earnings Release and Conference Call Dates

GREAT NECK, N.Y., July 25, 2023 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP. (NYSE:BRT), a real estate investment trust that owns, operates, and, to a lesser extent, holds interests in joint ventures that...

10 months ago - GlobeNewsWire

BRT Apartments Corp. Increases Share Repurchase Authorization To $10 Million

GREAT NECK, N.Y., June 14, 2023 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP.

1 year ago - GlobeNewsWire

BRT Apartments Corp. Completes Disposition of Joint Venture Asset in Dallas for Net Proceeds of $19.4 Million

Expects to Redeploy Capital to Fund Fourth Quarter 2023 Acquisition and Stock Repurchases Expects to Redeploy Capital to Fund Fourth Quarter 2023 Acquisition and Stock Repurchases

1 year ago - GlobeNewsWire

BRT Apartments Corp. Reports First Quarter 2023 Results

GREAT NECK, N.Y., May 08, 2023 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP.

1 year ago - GlobeNewsWire

Top 5 Real Estate Stocks Which Could Rescue Your Portfolio This Month - BRT Apartments (NYSE:BRT), Office Props IT (NASDAQ:OPI)

The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.

Other symbols: OPIPWUHT
1 year ago - Benzinga

BRT Apartments Corp. Schedules First Quarter 2023 Earnings Release and Conference Call Dates

GREAT NECK, N.Y., April 25, 2023 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP. (NYSE:BRT), a real estate investment trust that owns, operates, and, to a lesser extent, holds interests in joint ventures tha...

1 year ago - GlobeNewsWire

BRT Apartments Corp. Reports Fourth Quarter and Full Year 2022 Results

– Issues Full Year 2023 Guidance –

1 year ago - GlobeNewsWire

BRT Apartments Corp. Schedules Fourth Quarter 2022 Earnings Release and Conference Call Dates

GREAT NECK, N.Y., Feb. 21, 2023 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP. (NYSE:BRT), a real estate investment trust that owns, operates, and, to a lesser extent, holds interests in joint ventures that...

1 year ago - GlobeNewsWire

BRT Apartments Corp. Reports Third Quarter Results for 2022

– Net Income Per Diluted Share of $0.37; AFFO Per Diluted Share of $0.38 – – Year-to-Date, Acquired Partners' Remaining Interests in 11 Properties for $105.87 Million –

1 year ago - GlobeNewsWire

BRT Apartments Corp. Announces Third Quarter 2022 Earnings Release

GREAT NECK, N.Y., Oct. 20, 2022 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP. (NYSE:BRT), a multi-family real estate investment trust with properties located primarily in the Southeast United States and Te...

1 year ago - GlobeNewsWire

BRT Apartments Corp. Reports No Damage From Hurricane Ian

GREAT NECK, N.Y., Oct. 06, 2022 (GLOBE NEWSWIRE) -- BRT Apartments Corp. (NYSE:BRT) today announced the Company's apartment communities in Tallahassee and Pensacola, Florida, Columbia, Greenville and ...

1 year ago - GlobeNewsWire

BRT Apartments Corp. Expands Financial Flexibility With Amended Credit Facility

GREAT NECK, N.Y., Sept. 15, 2022 (GLOBE NEWSWIRE) -- BRT Apartments Corp. (NYSE:BRT) entered into an amended credit facility which increases to up to a total of $60 million the amount available to be ...

1 year ago - GlobeNewsWire

BRT Apartments Corp. Announces Dividend

GREAT NECK, N.Y., Sept. 14, 2022 (GLOBE NEWSWIRE) -- BRT Apartments Corp. (NYSE:BRT) announced that its Board of Directors declared a quarterly dividend of $0.25 per share. The dividend is payable Oct...

1 year ago - GlobeNewsWire

BRT Apartments Corp. Completes Sale for $11.4 Million Gain

GREAT NECK, N.Y., Sept. 01, 2022 (GLOBE NEWSWIRE) -- BRT Apartments Corp. (NYSE:BRT) today announced that the unconsolidated joint venture in which it holds an 80% equity interest, completed the sale ...

1 year ago - GlobeNewsWire

BRT Apartments Corp. Reports Second Quarter Results for 2022

– Net Income and AFFO Per Diluted Share Increase 461.8% and 19.4%, Respectively –

1 year ago - GlobeNewsWire