BRT
BRT ApartmentsBRT
BRT
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
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
150% more call options, than puts
Call options by funds: $170K | Put options by funds: $68K
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
6% more funds holding
Funds holding: 87 [Q2] → 92 (+5) [Q3]
3% more capital invested
Capital invested by funds: $89.3M [Q2] → $92.2M (+$2.98M) [Q3]
0.55% more ownership
Funds ownership: 27.37% [Q2] → 27.92% (+0.55%) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
8% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 25
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$22
26%
upside
Avg. target
$22
26%
upside
High target
$22
26%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
B. Riley Securities John Massocca 38% 1-year accuracy 3 / 8 met price target | 26%upside $22 | Buy Maintained | 10 Dec 2024 |
Financial journalist opinion
Positive
Seeking Alpha
6 days ago
My Dividend Stock Portfolio: $10,000 In Dividends In 2024 - 97 Holdings With 13 Buys
In December, I invested around $1,200 primarily in Business Development Companies, boosting my annual dividend income by $131 with a full-year total of almost $1,700.
Neutral
Seeking Alpha
2 weeks ago
Sector Spotlight: Multifamily REITs - They Survived Until 2025!
COVID-19 led to a migration to Sunbelt cities, causing a surge in apartment rents and subsequent overbuilding, which is now stabilizing. Multifamily REITs saw a decline in valuations but are now modestly valued with a P/AFFO multiple averaging 18.3x, higher than the broader REIT market. Despite suppressed rent growth and occupancy, strong job markets and reduced new supply suggest the potential for landlords to regain pricing power.
Positive
Seeking Alpha
1 month ago
My Dividend Stock Portfolio: New November Dividend Record - 97 Holdings With 18 Buys
In November, I invested $1,400 primarily in Business Development Companies, boosting my yearly dividend income by $148, with a YTD total exceeding $1,400. My portfolio achieved all-time highs, driven by a strong earnings season and a dovish Fed, with BDCs like Goldman Sachs BDC and Blackstone Secured Lending Fund as key picks. November's dividend income hit a record $620, a 20% Y/Y growth, mainly due to ongoing investments into Hercules Capital.
Neutral
GlobeNewsWire
1 month ago
BRT Apartments Corp. Announces Quarterly Dividend
GREAT NECK, N.Y., Dec. 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 January 6, 2025, to stockholders of record at the close of business on December 23, 2024. BRT anticipates that this dividend will be included in 2025 Federal taxable income.
Positive
Seeking Alpha
2 months ago
My Dividend Stock Portfolio: New October Dividend Record - 100 Holdings With 15 Buys
Investment activity in October focused on Business Development Companies, with $1,300 added to the market. Adjusted dividend income in October of $789, up 25% Y/Y and up 11% sequentially. Main picks included Blackstone Secured Lending, Goldman Sachs BDC, and Midcap Financial Investment Corporation.
Positive
Seeking Alpha
2 months ago
A Decisive Realignment
U.S. equity markets soared to record highs this week after President-elect Trump scored a surprisingly decisive election victory, including a likely "trifecta" of Republican legislative control in Congress. The outcome sparked powerful moves across global financial markets as investors priced in a combination of domestic-focused and "pro-growth" economic policies but also reflected concern over deficits and immigration policy. Characteristic of the "Trump trade" dynamic, smaller-cap companies led the surge, outperforming mega-cap technology and international-heavy peers. The S&P Small-Cap 600 soared 9%, outpacing 5% gains from the S&P 500.
Positive
Zacks Investment Research
2 months ago
BRT Realty (BRT) Q3 FFO and Revenues Beat Estimates
BRT Realty (BRT) came out with quarterly funds from operations (FFO) of $0.36 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to FFO of $0.41 per share a year ago.
Neutral
GlobeNewsWire
2 months ago
BRT Apartments Corp. Files Third Quarter 2024 Financial Statements
GREAT NECK, N.Y., Nov. 07, 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 September 30, 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.”
Positive
Seeking Alpha
2 months ago
My Dividend Stock Portfolio: New September Dividend Record - 100 Holdings With 12 Buys
September's investment activity was minimal, with $1,000 invested mainly in Business Development Companies, while I traveled through Hungary, Albania, and Oman. Traveling highlighted the benefits of lower living costs abroad, reinforcing the idea that financial independence is about where and how you live. My September dividend income hit a record $1,141, driven by Ares Capital and MidCap Financial, with a focus on high-yield BDCs.
Positive
Seeking Alpha
3 months ago
BRT Apartments: A Turnaround Opportunity Is On The Horizon
BRT Apartments Corp. is a multifamily REIT with strong occupancy rates and rents per unit, despite its recent financial challenges. Rising interest expenses and negative real growth have led to net losses, but refinancing could alleviate financial strain. Negative real revenue growth might abate as disinflation cools.
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