BRT Apartments (BRT) Projected to Post Earnings on Wednesday

BRT Apartments (NYSE:BRT) is projected to issue its Q1 2025 quarterly 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 0.9 %

BRT stock opened at $15.28 on Wednesday. BRT Apartments has a one year low of $14.61 and a one year high of $20.22. The company has a 50 day moving average price of $16.64 and a two-hundred day moving average price of $17.51. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.94 and a current ratio of 1.94. The stock has a market capitalization of $289.25 million, a P/E ratio of -28.83 and a beta of 1.07.

BRT Apartments Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, April 4th. Investors of record on Thursday, March 27th were issued a $0.25 dividend. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $1.00 annualized dividend and a yield of 6.54%. BRT Apartments’s payout ratio is -188.68%.

Insider Buying and Selling

In other news, CFO George Zweier sold 2,143 shares of the company’s stock in a transaction dated 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 owns 120,797 shares in the company, 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 Securities & Exchange Commission, which is available at this link. Insiders own 40.20% of the company’s stock.

Wall Street Analysts Forecast Growth

BRT has been the subject of a number of recent analyst reports. B. Riley lowered their price objective on BRT Apartments from $22.00 to $21.00 and set a “buy” rating for the company in a research note on Thursday, March 27th. StockNews.com upgraded BRT Apartments from a “sell” rating to a “hold” rating in a research note on Wednesday, April 23rd. Finally, Colliers Securities cut BRT Apartments from a “buy” rating to a “neutral” rating in a research report on Thursday, March 13th.

BRT Apartments Company Profile

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.