Streetbeat News

BRT

BRT Apartments Corp.

https://www.brtapartments.com

Industry

REIT - Residential

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

Open

18.45

Mkt cap

353M

Volume

17K

High

18.80

P/E Ratio

-34.11

52-wk high

20.22

Low

18.45

Div yield

0.05

52-wk low

15.21

BRT Apartments Corp. has declared a quarterly dividend of $0.25 per share, payable on January 6, 2025, to shareholders of record as of December 23, 2024. This dividend is expected to be included in 2025 Federal taxable income.

Portfolio Pulse from

December 11, 2024 | 9:30 pm

BRT Realty reported Q3 funds from operations (FFO) of $0.36 per share, surpassing the Zacks Consensus Estimate of $0.35 per share, though it is a decrease from $0.41 per share a year ago.

Portfolio Pulse from

November 08, 2024 | 2:00 am

BRT Apartments Corp. has filed its third quarter 2024 financial statements, which are now available on their investor relations website.

Portfolio Pulse from

November 07, 2024 | 10:00 pm

B. Riley Securities has maintained a Buy rating on BRT Apartments and raised the price target from $20.5 to $21, indicating a positive outlook for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 1:01 pm

U.S. stock futures are trading mixed this morning. Key stocks to watch include Monday.com, Sun Life Financial, BRT Apartments, Fortrea Holdings, and KE Holdings, all of which are expected to report their quarterly earnings today.

Portfolio Pulse from Avi Kapoor

August 12, 2024 | 7:32 am

BRT Apartments (NYSE:BRT) reported Q2 earnings of $0.35 per share, beating the analyst estimate of $0.28. Sales were $23.86 million, also surpassing the $23.60 million estimate. Despite the earnings beat, EPS decreased by 5.41% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 8:32 pm

JMP Securities analyst Aaron Hecht has reiterated a Market Outperform rating on BRT Apartments (NYSE:BRT) and maintained a $24 price target.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 4:30 pm

B. Riley Securities has maintained a Buy rating on BRT Apartments and raised the price target from $19.5 to $20.5.

Portfolio Pulse from Benzinga Newsdesk

May 17, 2024 | 4:53 pm

BRT Apartments Corp. reported Q1 sales of $23.403M, missing the consensus estimate of $23.724M by 1.35%, but marking a 2.02% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 10:33 pm

Insiders at Harrow Inc., Greenwich LifeSciences, and BRT Apartments have made notable purchases of their companies' stocks, signaling confidence in their respective companies' futures despite recent financial results or developments. Harrow's insider bought shares after reporting disappointing financial results, Greenwich LifeSciences' CEO and CFO made purchases following the initiation of clinical sites in Europe, and BRT Apartments saw insider buying after posting downbeat quarterly sales.

Portfolio Pulse from Avi Kapoor

March 25, 2024 | 1:00 pm

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