B. Riley Predicts BRT Apartments' FY2026 Earnings (NYSE:BRT)

BRT Apartments Corp. (NYSE:BRT - Free Report) - Equities research analysts at B. Riley issued their FY2026 EPS estimates for BRT Apartments in a research report issued on Tuesday, December 10th. B. Riley analyst J. Massocca expects that the financial services provider will earn ($0.57) per share for the year. B. Riley currently has a "Buy" rating and a $22.00 target price on the stock. The consensus estimate for BRT Apartments' current full-year earnings is $1.42 per share.

BRT Apartments (NYSE:BRT - Get Free Report) last announced its quarterly earnings data on Thursday, November 7th. The financial services provider reported ($0.12) EPS for the quarter, missing analysts' consensus estimates of $0.35 by ($0.47). The firm had revenue of $24.40 million during the quarter, compared to the consensus estimate of $23.80 million. BRT Apartments had a negative net margin of 9.94% and a negative return on equity of 4.33%. During the same quarter in the previous year, the business posted $0.41 earnings per share.

BRT Apartments Trading Down 1.6 %

BRT stock traded down $0.30 during midday trading on Thursday, reaching $18.74. The stock had a trading volume of 25,202 shares, compared to its average volume of 35,854. The firm has a market cap of $352.42 million, a price-to-earnings ratio of -36.00, a PEG ratio of 2.20 and a beta of 1.10. BRT Apartments has a twelve month low of $15.21 and a twelve month high of $20.22. The company has a quick ratio of 1.94, a current ratio of 1.94 and a debt-to-equity ratio of 2.31. The business has a fifty day simple moving average of $18.19 and a two-hundred day simple moving average of $18.04.

Institutional Investors Weigh In On BRT Apartments

Institutional investors have recently modified their holdings of the business. Meeder Asset Management Inc. bought a new position in BRT Apartments in the second quarter valued at approximately $28,000. Noesis Capital Mangement Corp acquired a new position in shares of BRT Apartments in the 3rd quarter valued at $176,000. Barclays PLC boosted its position in shares of BRT Apartments by 295.2% in the 3rd quarter. Barclays PLC now owns 14,690 shares of the financial services provider's stock worth $258,000 after purchasing an additional 10,973 shares during the last quarter. Clear Creek Financial Management LLC grew its stake in shares of BRT Apartments by 4.7% during the second quarter. Clear Creek Financial Management LLC now owns 15,021 shares of the financial services provider's stock worth $262,000 after purchasing an additional 680 shares during the period. Finally, Tidal Investments LLC bought a new stake in BRT Apartments in the third quarter valued at about $320,000. Institutional investors and hedge funds own 29.07% of the company's stock.

BRT Apartments Company Profile

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.