BRT Apartments (BRT) to Release Quarterly Earnings on Tuesday

BRT Apartments (NYSE:BRT) is expected to be posting its quarterly earnings results before the market opens on Tuesday, March 11th. Analysts expect BRT Apartments to post earnings of ($0.12) per share and revenue of $24.65 million for the quarter.

BRT Apartments Stock Performance

NYSE BRT opened at $17.70 on Friday. The company has a market cap of $332.87 million, a P/E ratio of -33.40 and a beta of 1.11. 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 business’s 50 day moving average price is $17.58 and its 200-day moving average price is $18.03. BRT Apartments has a fifty-two week low of $15.47 and a fifty-two week high of $20.22.

BRT Apartments Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, January 6th. Stockholders of record on Monday, December 23rd were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 5.65%. The ex-dividend date was Monday, December 23rd. BRT Apartments’s dividend payout ratio is currently -188.68%.

Analyst Upgrades and Downgrades

Separately, B. Riley boosted their target price on BRT Apartments from $21.00 to $22.00 and gave the company a “buy” rating in a research report on Tuesday, December 10th.

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.