B. Riley Forecasts BRT Apartments FY2026 Earnings

BRT Apartments Corp. (NYSE:BRT) – Analysts at B. Riley issued their FY2026 earnings estimates for shares of BRT Apartments in a research report issued on Tuesday, December 10th. B. Riley analyst J. Massocca expects 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 posted its earnings results on Thursday, November 7th. The financial services provider reported ($0.12) EPS for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.47). BRT Apartments had a negative return on equity of 4.33% and a negative net margin of 9.94%. The business had revenue of $24.40 million during the quarter, compared to the consensus estimate of $23.80 million. During the same period in the previous year, the business posted $0.41 EPS.

BRT Apartments Price Performance

BRT opened at $18.74 on Thursday. The company’s 50-day simple moving average is $18.22 and its two-hundred day simple moving average is $18.04. BRT Apartments has a 52-week low of $15.21 and a 52-week high of $20.22. The stock has a market capitalization of $352.42 million, a P/E ratio of -35.36, a P/E/G ratio of 2.20 and a beta of 1.10. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.94 and a current ratio of 1.94.

BRT Apartments Announces Dividend

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

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Tidal Investments LLC bought a new position in shares of BRT Apartments in the 3rd quarter worth approximately $320,000. Barclays PLC increased its holdings in BRT Apartments by 295.2% during the third quarter. Barclays PLC now owns 14,690 shares of the financial services provider’s stock valued at $258,000 after buying an additional 10,973 shares during the last quarter. Kovitz Investment Group Partners LLC bought a new position in BRT Apartments in the third quarter worth approximately $1,594,000. State Street Corp boosted its stake in shares of BRT Apartments by 0.6% during the 3rd 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 last quarter. Finally, Noesis Capital Mangement Corp bought a new stake in shares of BRT Apartments during the 3rd quarter valued at $176,000. Institutional investors own 29.07% of the company’s stock.

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.