Media stories about BRT Apartments (NYSE:BRT) have trended positive on Wednesday, Accern Sentiment Analysis reports. The research firm identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. BRT Apartments earned a news sentiment score of 0.28 on Accern’s scale. Accern also assigned media coverage about the financial services provider an impact score of 47.5156984488742 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the headlines that may have effected Accern Sentiment’s analysis:
- BRT Apartments Corp (BRT) Announces Dividend Increase – $0.20 Per Share (americanbankingnews.com)
- $28.87 Million in Sales Expected for BRT Apartments Corp (BRT) This Quarter (americanbankingnews.com)
- BRT Apartments Corp (BRT) Expected to Post Earnings of $0.17 Per Share (americanbankingnews.com)
- Head-To-Head Survey: BRT Apartments (BRT) & Home Properties (HME) (americanbankingnews.com)
A number of analysts recently issued reports on the stock. B. Riley restated a “buy” rating and issued a $12.50 price target on shares of BRT Apartments in a research note on Tuesday, December 19th. ValuEngine upgraded shares of BRT Apartments from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Finally, Zacks Investment Research lowered shares of BRT Apartments from a “buy” rating to a “hold” rating in a research note on Wednesday, February 14th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. BRT Apartments currently has a consensus rating of “Buy” and a consensus price target of $12.31.
BRT Apartments (NYSE:BRT) last posted its quarterly earnings data on Friday, February 9th. The financial services provider reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.24. The business had revenue of $28.35 million during the quarter, compared to the consensus estimate of $27.94 million. BRT Apartments had a net margin of 3.85% and a return on equity of 1.80%. sell-side analysts expect that BRT Apartments will post 0.85 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 6th. Investors of record on Tuesday, March 27th will be issued a $0.20 dividend. The ex-dividend date of this dividend is Monday, March 26th. This represents a $0.80 annualized dividend and a yield of 6.76%. This is an increase from BRT Apartments’s previous quarterly dividend of $0.18. BRT Apartments’s dividend payout ratio is presently 240.01%.
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BRT Apartments Company Profile
BRT Apartments Corp. is a real estate investment trust (REIT). The Trust is focused on the ownership, operation and development of multi-family properties. These activities are primarily conducted through joint ventures in which the Trust has an equity interest in the entity owning the property. The Trust’s segments include Multi-Family Real Estate and Other Assets.
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