BRT

BRT Apartments
BRT

$19.66

1.65%

Market Cap: 366M

About: BRT Apartments Corp is a real estate investment trust company. The company is primarily focused on the ownership, operation, and development of multi-family properties. BRT also owns and operates other real estate assets. All of the Company's assets are comprised of multi-family real estate assets generally leased to tenants on a one-year basis.

Employees: 10

Financials Real Estate Investment Trusts

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 3 analysts

0

News positive %

of 3 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

518% more call options, than puts

Call options by funds: $816K | Put options by funds: $132K

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 1 (+0) [Q1 2024]

0.81% less ownership

Funds ownership: 29.04% [Q4 2023] → 28.22% (-0.81%) [Q1 2024]

2% less funds holding

Funds holding: 87 [Q4 2023] → 85 (-2) [Q1 2024]

12% less capital invested

Capital invested by funds: $100M [Q4 2023] → $88.2M (-$11.8M) [Q1 2024]

13% less repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 30

29% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 7

See Fund Rankings

Research analyst outlook

3 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$21

4%

upside

Avg. target

$23

16%

upside

High target

$24

22%

upside

3 analyst ratings

3 positive

100%

0 neutral

0%

0 negative

0%

JMP Securities Aaron Hecht	22%upside $24	Market Outperform Reiterated	21 May 2024
B. Riley Securities Craig Kucera	4%upside $20.5	Buy Maintained	17 May 2024
JMP Securities Aaron Hecht	22%upside $24	Outperform Maintained	14 Mar 2024

See Analyst Rankings

Financial journalist opinion

Based on 3 articles about BRT published over the past 30 days

BRT Apartments Corp. Announces Filing Date for Second Quarter 2024 Earnings Results

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.

BRT Apartments Corp. Announces Filing Date for Second Quarter 2024 Earnings Results

My Dividend Stock Portfolio: New June Dividend Record - 101 Holdings With 22 Buys

Investment activity remained high in June, focusing on BDCs aiming to increase dividend income by at least $100 each month. Adjusted dividend income in June is up 27% Y/Y and 5% vs the previous quarter. Main portfolio picks included Ares Capital, Hercules Capital, Goldman Sachs BDC, and MidCap Financial Investment Corporation.

My Dividend Stock Portfolio: New June Dividend Record - 101 Holdings With 22 Buys

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BRT Apartments Corp. Announces Quarterly Dividend

GREAT NECK, N.Y., June 11, 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 July 9, 2024, to stockholders of record at the close of business on June 25, 2024. BRT estimates that if it does not sell any multi-family properties this year, that a significant portion of its dividends to be paid in 2024 will be treated for federal income tax purposes as a return of capital.

BRT Apartments Corp. Announces Quarterly Dividend

Zacks Investment Research

Best Income Stocks to Buy for June 11th

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

Best Income Stocks to Buy for June 11th

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These REITs have a price-to-NAV range of 0.27x to 0.59x. There may be upside of more than 200% to the NAV estimate, which will probably decline over time. The estimates may be terrible. That's not my fault. You'll probably have a better time reading this, than reading my competitor's articles.

10 REITs At Mega Discounts To NAV

My Dividend Stock Portfolio: New April Dividend Record - 101 Holdings With 22 Buys

Portfolio changes in April focus on BDCs, aiming to increase dividend income by at least $100 each month. Dividend income hit a new all-time record for April of $736, basically flat Y/Y and up 12% sequentially. Gifted Working Time 2024: Around 85 hours, or 10.6 days, of active work have been replaced with passive income in 2024, which is equivalent to more than two entire workweeks.

My Dividend Stock Portfolio: New April Dividend Record - 101 Holdings With 22 Buys

What I Wish I Knew Before Buying REITs

I have made a lot of money investing in REITs. But at times, I have also suffered major losses due to poor decisions. Here is what I wish I knew before I got started.

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BRT Apartments Corp. Files First Quarter 2024 Financial Statements

GREAT NECK, N.Y., May 08, 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 March 31, 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. Files First Quarter 2024 Financial Statements

BRT Apartments: High Yield Play With Some Concerns

BRT Apartments Corp. shares have dropped nearly 30% since August 2022 due to higher rates and oversupply in Sun Belt markets. The company has been actively refurbishing distressed properties and selling them for a profit, but undercurrents have slowed its progress. BRT Apartments Corp also has a repurchase program fueled by asset sales, a near 5.4% yield, and recent insider buying.

BRT Apartments: High Yield Play With Some Concerns

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