BRT Apartments Corp. (BRT)
| Market Cap | 325.75M |
| Revenue (ttm) | 93.62M |
| Net Income (ttm) | 3.87M |
| Shares Out | 18.58M |
| EPS (ttm) | 0.16 |
| PE Ratio | 109.56 |
| Forward PE | n/a |
| Dividend | $1.00 (5.71%) |
| Ex-Dividend Date | Mar 26, 2024 |
| Volume | 17,556 |
| Open | 17.69 |
| Previous Close | 17.41 |
| Day's Range | 17.41 - 17.69 |
| 52-Week Range | 15.21 - 20.69 |
| Beta | 1.16 |
| Analysts | Strong Buy |
| Price Target | 23.50 (+34.06%) |
| Earnings Date | May 10, 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]
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 StatementsAnalyst Forecast
According to 2 analysts, the average rating for BRT stock is "Strong Buy." The 12-month stock price forecast is $23.5, which is an increase of 34.06% from the latest price.
News
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...
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...
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...
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...
BRT Apartments Corp. Reports Third Quarter 2023 Results
GREAT NECK, N.Y., Nov. 06, 2023 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP.
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...
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...
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...
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.
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...
BRT Apartments Corp. Increases Share Repurchase Authorization To $10 Million
GREAT NECK, N.Y., June 14, 2023 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP.
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
BRT Apartments Corp. Reports First Quarter 2023 Results
GREAT NECK, N.Y., May 08, 2023 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP.
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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...
BRT Apartments Corp. Reports Fourth Quarter and Full Year 2022 Results
– Issues Full Year 2023 Guidance –
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...
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 –
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...
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 ...
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 ...
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...
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 ...
BRT Apartments Corp. Reports Second Quarter Results for 2022
– Net Income and AFFO Per Diluted Share Increase 461.8% and 19.4%, Respectively –
BRT Apartments Corp. Announces Second Quarter 2022 Earnings Release
GREAT NECK, N.Y., July 26, 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...