BRT Apartments Corp. (BRT)

NYSE: BRT · IEX Real-Time Price · USD
15.82
-0.61 (-3.71%)
Feb 20, 2024, 4:00 PM EST - Market closed
-3.71%
Market Cap 294.20M
Revenue (ttm) 92.82M
Net Income (ttm) 1.39M
Shares Out 18.60M
EPS (ttm) 0.06
PE Ratio 266.00
Forward PE n/a
Dividend $1.00 (6.32%)
Ex-Dividend Date Dec 19, 2023
Volume 32,998
Open 16.21
Previous Close 16.43
Day's Range 15.80 - 16.40
52-Week Range 15.62 - 22.35
Beta n/a
Analysts Strong Buy
Price Target 25.50 (+61.19%)
Earnings Date Mar 12, 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 September 30, 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 2022, BRT Apartments's revenue was $70.53 million, an increase of 120.00% compared to the previous year's $32.06 million. Earnings were $49.96 million, an increase of 71.58%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for BRT stock is "Strong Buy." The 12-month stock price forecast is $25.5, which is an increase of 61.19% from the latest price.

Price Target
$25.5
(61.19% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

BRT Apartments Corp. Announces Quarterly Dividend

GREAT NECK, New York, Dec. 04, 2023 (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 ...

2 months ago - GlobeNewsWire

BRT Apartments Corp. Reports Third Quarter 2023 Results

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

3 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...

4 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...

5 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...

6 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.

7 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...

7 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.

8 months 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

10 months ago - GlobeNewsWire

BRT Apartments Corp. Reports First Quarter 2023 Results

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

10 months 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
10 months 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...

10 months 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

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...

1 year ago - GlobeNewsWire

BRT Apartments Corp. Completes Purchase of Remaining 25% Interest in Partnership That Owns Civic Center I and Civic Center II

GREAT NECK, N.Y., July 12, 2022 (GLOBE NEWSWIRE) -- BRT Apartments Corp. (NYSE:BRT) today announced it completed the purchase, for an aggregate of $36.2 million, of the remaining approximate 25% inter...

1 year ago - GlobeNewsWire

BRT Apartments Corp. Completes Transactions

– Purchases Remaining 20% Interest in Partnership that Owns Grove at River Place –

1 year ago - GlobeNewsWire

BRT Apartments Corp. Announces Initiation of Dividend Reinvestment Plan

GREAT NECK, N.Y., June 15, 2022 (GLOBE NEWSWIRE) -- BRT Apartments Corp. (NYSE:BRT) today announced that its stockholders will have an opportunity to participate in its Dividend Reinvestment Plan (the...

1 year ago - GlobeNewsWire