BRT Apartments (BRT) to Release Earnings on Wednesday

BRT Apartments (NYSE:BRT) is anticipated to release its Q1 2025 earnings data before the market opens on Wednesday, May 14th. Analysts expect BRT Apartments to post earnings of $0.34 per share and revenue of $23.82 million for the quarter.

BRT Apartments Stock Down 1.0%

NYSE BRT opened at $15.24 on Monday. The stock has a market cap of $288.49 million, a PE ratio of -28.75 and a beta of 1.07. BRT Apartments has a fifty-two week low of $14.61 and a fifty-two week high of $20.22. The business has a 50 day moving average price of $16.49 and a two-hundred day moving average price of $17.47. The company has a quick ratio of 1.94, a current ratio of 1.94 and a debt-to-equity ratio of 2.31.

BRT Apartments Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, April 4th. Shareholders of record on Thursday, March 27th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 6.56%. The ex-dividend date of this dividend was Thursday, March 27th. BRT Apartments’s dividend payout ratio is presently -188.68%.

Insider Buying and Selling at BRT Apartments

In other BRT Apartments news, CFO George Zweier sold 2,143 shares of the company’s stock in a transaction that occurred on Tuesday, March 25th. The stock was sold at an average price of $18.06, for a total value of $38,702.58. Following the transaction, the chief financial officer now directly owns 120,797 shares of the company’s stock, valued at $2,181,593.82. This represents a 1.74% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 42.00% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on BRT. StockNews.com upgraded BRT Apartments from a “sell” rating to a “hold” rating in a report on Wednesday, April 23rd. B. Riley decreased their price target on BRT Apartments from $22.00 to $21.00 and set a “buy” rating for the company in a report on Thursday, March 27th. Finally, Colliers Securities cut BRT Apartments from a “buy” rating to a “neutral” rating in a report on Thursday, March 13th.

About BRT Apartments

BRT Apartments Corp. is a real estate investment trust. It engages in the ownership, operation, and holding interests in joint ventures that own and operate multi-family properties. The company was founded in June 1972 and is headquartered in Great Neck, NY.