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BRT ApartmentsNYSE: BRT

Profile

Industry:

Residential

Country:

United States

IPO:

03 May 1973

Next earnings report:

06 November 2024

Last dividends:

24 September 2024

Next dividends:

N/A
$287.55 M
-36%vs. 3y high
27%vs. sector
-vs. 3y high
-vs. sector
-37%vs. 3y high
56%vs. sector
-78%vs. 3y high
38%vs. sector

Price

after hours | Fri, 01 Nov 2024 21:16:17 GMT
$16.15-$1.31(-7.50%)
$23.78 M$23.81 M
$23.78 M-$2.35 M

Analysts recommendations

Institutional Ownership

BRT Latest News

BRT Apartments: A Turnaround Opportunity Is On The Horizon
seekingalpha.com11 October 2024 Sentiment: POSITIVE

BRT Apartments Corp. is a multifamily REIT with strong occupancy rates and rents per unit, despite its recent financial challenges. Rising interest expenses and negative real growth have led to net losses, but refinancing could alleviate financial strain. Negative real revenue growth might abate as disinflation cools.

BRT Apartments Corp. Announces Quarterly Dividend
globenewswire.com10 September 2024 Sentiment: POSITIVE

GREAT NECK, N.Y., Sept. 10, 2024 (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 October 2, 2024, to stockholders of record at the close of business on September 24, 2024. BRT estimates that if it does not sell any multi-family properties this year, that substantially all of its dividends to be paid in 2024 will be treated for federal income tax purposes as a return of capital.

BRT Apartments: Well-Positioned To Benefit From Real Estate Cap Rate Compression
seekingalpha.com11 August 2024 Sentiment: POSITIVE

BRT Apartments is a residential REIT focused on the Sun Belt region. The REIT has underperformed the Vanguard Real Estate Index Fund so far in 2024. Q2 showed lower adjused FFO but higher net operating income, with occupancy flat Y/Y.

BRT Realty (BRT) Q2 FFO Miss Estimates
zacks.com09 August 2024 Sentiment: NEUTRAL

BRT Realty (BRT) came out with quarterly funds from operations (FFO) of $0.35 per share, missing the Zacks Consensus Estimate of $0.37 per share. This compares to FFO of $0.37 per share a year ago.

BRT Apartments Corp. Files Second Quarter 2024 Financial Statements
globenewswire.com09 August 2024 Sentiment: POSITIVE

GREAT NECK, N.Y., Aug. 09, 2024 (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 own multi-family properties, announced that it has filed its quarterly report on Form 10-Q for the quarter ended June 30, 2024 with the Securities and Exchange Commission. The financial statements and supplemental financial information can be accessed on the Company's investor relations website under the caption “Financials – Quarterly Results.”

BRT Apartments Corp. Announces Filing Date for Second Quarter 2024 Earnings Results
globenewswire.com24 July 2024 Sentiment: POSITIVE

GREAT NECK, N.Y., July 24, 2024 (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 own multi-family properties, today announced it intends to file its Form 10-Q for the quarter ended June 30, 2024 with the Securities and Exchange Commission on or about August 7, 2024.

7 REITs Yielding 5% (or More) With Strong Upside Potential
investorplace.com04 July 2024 Sentiment: POSITIVE

For investors uncertain about broader market dynamics, real estate investment trusts or REITs offer an excellent avenue to put your money to work. I think it's safe to say that the number one reason people consider this sector is the often-robust passive income potential.

Best Income Stocks to Buy for June 11th
zacks.com11 June 2024 Sentiment: POSITIVE

GPRK, BRT and TRMK made it to the Zacks Rank #1 (Strong Buy) income stocks list on June 11, 2024.

BRT Apartments Corp. (BRT) Q4 2023 Earnings Call Transcript
Seeking Alpha13 March 2024 Sentiment: NEUTRAL

BRT Apartments Corp. (BRT) Q4 2023 Earnings Call Transcript

BRT Apartments Corp. Schedules Fourth Quarter 2023 Earnings Release and Conference Call Dates
GlobeNewsWire21 February 2024 Sentiment: POSITIVE

GREAT NECK, N.Y., Feb. 21, 2024 (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 own multi-family properties, today announced it will release financial results for the fourth quarter ended December 31, 2023 after the market closes on Tuesday, March 12, 2024.

  • 1(current)

What type of business is BRT Apartments?

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.

What sector is BRT Apartments in?

BRT Apartments is in the Real Estate sector

What industry is BRT Apartments in?

BRT Apartments is in the Residential industry

What country is BRT Apartments from?

BRT Apartments is headquartered in United States

When did BRT Apartments go public?

BRT Apartments initial public offering (IPO) was on 03 May 1973

What is BRT Apartments website?

https://www.brtapartments.com

Is BRT Apartments in the S&P 500?

No, BRT Apartments is not included in the S&P 500 index

Is BRT Apartments in the NASDAQ 100?

No, BRT Apartments is not included in the NASDAQ 100 index

Is BRT Apartments in the Dow Jones?

No, BRT Apartments is not included in the Dow Jones index

When was BRT Apartments the previous earnings report?

No data

When does BRT Apartments earnings report?

The next expected earnings date for BRT Apartments is 06 November 2024