BRT Apartments (BRT) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $16.50 to $16.73
• 50-Day Range: $16.59 to $19.08
• 52-Week Range: $15.21 to $20.12
• Volume: 6,461 shs
• Average Volume: 31,600 shs
• Market Capitalization: $309.81 million
• P/E Ratio: N/A
• Dividend Yield: 6.02%
• Price Target: $22.50
• Consensus Rating: Buy

BRT Apartments Stock Analysis - MarketRank™

BRT Apartments scored higher than 70% of companies evaluated by MarketBeat, and ranked 448th out of 941 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

BRT Apartments has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

BRT Apartments has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: 5.63%

Earnings Growth

Earnings for BRT Apartments are expected to grow by 5.63% in the coming year, from $1.42 to $1.50 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of BRT Apartments is -33.86, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of BRT Apartments is -33.86, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

BRT Apartments has a PEG Ratio of 2.03. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

BRT Apartments has a P/B Ratio of 1.35. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.83% of the float of BRT Apartments has been sold short.

Short Interest Ratio / Days to Cover

BRT Apartments has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in BRT Apartments has recently increased by 1.60%, indicating that investor sentiment is decreasing.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

BRT Apartments is a leading dividend payer. It pays a dividend yield of 5.85%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

BRT Apartments does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of BRT Apartments is 454.55%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, BRT Apartments will have a dividend payout ratio of 66.67% next year. This indicates that BRT Apartments will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.83% of the float of BRT Apartments has been sold short.

Short Interest Ratio / Days to Cover

BRT Apartments has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in BRT Apartments has recently increased by 1.60%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: N/A

News Sentiment

BRT Apartments has a news sentiment score of 0.37. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.58 average news sentiment score of Finance companies.

Search Interest

5 people have searched for BRT on MarketBeat in the last 30 days.

MarketBeat Follows

2 people have added BRT Apartments to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, BRT Apartments insiders have not sold or bought any company stock.

Percentage Held by Insiders

40.20% of the stock of BRT Apartments is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 29.07% of the stock of BRT Apartments is held by institutions.

BRT Stock Analysis - Frequently Asked Questions

How have BRT shares performed this year?

BRT Apartments' stock was trading at $18.59 at the beginning of 2024. Since then, BRT shares have decreased by 10.8% and is now trading at $16.59.
View the best growth stocks for 2024 here.

How were BRT Apartments' earnings last quarter?

BRT Apartments Corp. (NYSE:BRT) posted its earnings results on Friday, August, 9th. The financial services provider reported ($0.13) earnings per share for the quarter, missing the consensus estimate of $0.37 by $0.50. The financial services provider had revenue of $23.86 million for the quarter, compared to analysts' expectations of $23.45 million. BRT Apartments had a negative net margin of 9.24% and a negative trailing twelve-month return on equity of 3.89%.

Who are BRT Apartments' major shareholders?

BRT Apartments' top institutional shareholders include Allspring Global Investments Holdings LLC (0.06%) and Nisa Investment Advisors LLC (0.03%). Insiders that own company stock include Investors L P Gould, Matthew J Gould, Mitchell Gould, Isaac Kalish, Ryan Baltimore, Louis C Grassi and George Zweier.
View institutional ownership trends.

How do I buy shares of BRT Apartments?

Shares of BRT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of BRT Apartments own?

Based on aggregate information from My MarketBeat watchlists, some other companies that BRT Apartments investors own include American Water Works (AWK), DiamondRock Hospitality (DRH), The RMR Group (RMR), Waste Connections (WCN), AUO (AUOTY), iShares Micro-Cap ETF (IWC) and Voyager Therapeutics (VYGR).

Company Calendar

• Last Earnings: 8/09/2024
• Ex-Dividend for 10/2 Dividend: 9/24/2024
• Dividend Payable: 10/02/2024
• Today: 10/30/2024
• Next Earnings (Estimated): 11/04/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Trading
• Current Symbol: NYSE:BRT
• CUSIP: N/A
• CIK: 14846
• Web: www.brtapartments.com
• Phone: (516) 466-3100
• Fax: 516-466-3132
• Employees: 9
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $22.50
• High Stock Price Target: $24.00
• Low Stock Price Target: $21.00
• Potential Upside/Downside: +35.6%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.22
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 11.68
• P/E Growth: 2.03
• Net Income: $3.87 million
• Net Margins: -9.24%
• Pretax Margin: -9.16%
• Return on Equity: -3.89%
• Return on Assets: -1.24%

Debt

• Debt-to-Equity Ratio: 2.14
• Current Ratio: 0.90
• Quick Ratio: 0.90

Sales & Book Value

• Annual Sales: $94.50 million
• Price / Sales: 3.27
• Cash Flow: $2.01 per share
• Price / Cash Flow: 8.27
• Book Value: $12.28 per share
• Price / Book: 1.35

Miscellaneous

• Outstanding Shares: 18,641,000
• Free Float: 11,223,000
• Market Cap: $309.25 million
• Optionable: Optionable
• Beta: 1.06