B. Riley Comments on BRT Apartments’ Q2 Earnings (NYSE:BRT)

BRT Apartments Corp. (NYSE:BRT) – Analysts at B. Riley reduced their Q2 2025 EPS estimates for BRT Apartments in a research report issued to clients and investors on Wednesday, March 26th. B. Riley analyst J. Massocca now anticipates that the financial services provider will post earnings per share of $0.36 for the quarter, down from their prior forecast of $0.37. B. Riley has a “Buy” rating and a $21.00 price objective on the stock. The consensus estimate for BRT Apartments’ current full-year earnings is $1.42 per share. B. Riley also issued estimates for BRT Apartments’ FY2026 earnings at $1.50 EPS.

Separately, Colliers Securities lowered shares of BRT Apartments from a “buy” rating to a “neutral” rating in a research report on Thursday, March 13th.

BRT Apartments Stock Down 0.8 %

Shares of NYSE:BRT opened at $17.43 on Friday. The company has a current ratio of 1.94, a quick ratio of 1.94 and a debt-to-equity ratio of 2.31. The stock has a market capitalization of $329.86 million, a P/E ratio of -32.88 and a beta of 1.11. The stock’s 50-day moving average price is $17.70 and its 200-day moving average price is $17.97. BRT Apartments has a 12-month low of $15.92 and a 12-month high of $20.22.

BRT Apartments Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 4th. Investors of record on Thursday, March 27th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 5.74%. The ex-dividend date of this dividend is Thursday, March 27th. BRT Apartments’s dividend payout ratio (DPR) is -188.68%.

Insider Activity at BRT Apartments

In other BRT Apartments news, CFO George Zweier sold 2,143 shares of BRT Apartments stock in a transaction that occurred on Tuesday, March 25th. The shares were sold at an average price of $18.06, for a total transaction of $38,702.58. Following the completion of the sale, the chief financial officer now directly owns 120,797 shares in the company, valued at approximately $2,181,593.82. The trade was a 1.74 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 40.20% of the stock is owned by insiders.

Institutional Trading of BRT Apartments

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. JPMorgan Chase & Co. boosted its holdings in BRT Apartments by 127.2% in the third quarter. JPMorgan Chase & Co. now owns 21,621 shares of the financial services provider’s stock valued at $380,000 after purchasing an additional 12,103 shares during the last quarter. Wealth Alliance boosted its stake in shares of BRT Apartments by 141.7% in the fourth quarter. Wealth Alliance now owns 65,621 shares of the financial services provider’s stock worth $1,183,000 after buying an additional 38,475 shares during the last quarter. Barclays PLC boosted its stake in shares of BRT Apartments by 295.2% in the third quarter. Barclays PLC now owns 14,690 shares of the financial services provider’s stock worth $258,000 after buying an additional 10,973 shares during the last quarter. State Street Corp grew its holdings in BRT Apartments by 0.6% during the third quarter. State Street Corp now owns 244,355 shares of the financial services provider’s stock worth $4,356,000 after acquiring an additional 1,561 shares during the period. Finally, Kovitz Investment Group Partners LLC purchased a new position in BRT Apartments during the third quarter valued at approximately $1,594,000. Institutional investors and hedge funds own 29.07% of the company’s stock.

About BRT Apartments

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.