B. Riley Estimates BRT Apartments FY2026 Earnings

BRT Apartments Corp. (NYSE:BRT) – Stock analysts at B. Riley issued their FY2026 earnings per share (EPS) estimates for shares of BRT Apartments in a research report issued to clients and investors on Tuesday, December 10th. B. Riley analyst J. Massocca forecasts that the financial services provider will earn ($0.57) per share for the year. B. Riley has a “Buy” rating and a $22.00 price target on the stock. The consensus estimate for BRT Apartments’ current full-year earnings is $1.42 per share.

BRT Apartments (NYSE:BRT) last released its quarterly earnings data on Thursday, November 7th. The financial services provider reported ($0.12) earnings per share for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.47). BRT Apartments had a negative net margin of 9.94% and a negative return on equity of 4.33%. The company had revenue of $24.40 million for the quarter, compared to analysts’ expectations of $23.80 million. During the same period last year, the company posted $0.41 EPS.

BRT Apartments Trading Down 1.6 %

Shares of BRT opened at $18.74 on Thursday. The stock has a market capitalization of $352.42 million, a P/E ratio of -35.36, a PEG ratio of 2.20 and a beta of 1.10. BRT Apartments has a twelve month low of $15.21 and a twelve month high of $20.22. The company has a quick ratio of 1.94, a current ratio of 1.94 and a debt-to-equity ratio of 2.31. The firm has a fifty day simple moving average of $18.22 and a two-hundred day simple moving average of $18.04.

Hedge Funds Weigh In On BRT Apartments

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. increased its position in BRT Apartments by 1.6% during the 1st quarter. Vanguard Group Inc. now owns 616,467 shares of the financial services provider’s stock valued at $10,357,000 after purchasing an additional 9,483 shares during the period. Clear Creek Financial Management LLC raised its stake in BRT Apartments by 4.7% in the second quarter. Clear Creek Financial Management LLC now owns 15,021 shares of the financial services provider’s stock worth $262,000 after buying an additional 680 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in BRT Apartments by 5.7% in the second quarter. Bank of New York Mellon Corp now owns 97,281 shares of the financial services provider’s stock worth $1,699,000 after buying an additional 5,207 shares during the period. ClariVest Asset Management LLC lifted its holdings in BRT Apartments by 2.9% in the second quarter. ClariVest Asset Management LLC now owns 44,767 shares of the financial services provider’s stock worth $782,000 after buying an additional 1,251 shares during the period. Finally, Meeder Asset Management Inc. bought a new stake in BRT Apartments during the 2nd quarter valued at approximately $28,000. Institutional investors own 29.07% of the company’s stock.

BRT Apartments Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, January 6th. Investors of record on Monday, December 23rd will be paid a $0.25 dividend. The ex-dividend date of this dividend is Monday, December 23rd. This represents a $1.00 annualized dividend and a dividend yield of 5.34%. BRT Apartments’s payout ratio is presently -188.68%.

BRT Apartments Company Profile

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.