Somewhat Positive News Coverage Somewhat Unlikely to Affect BRT Apartments (BRT) Share Price

Press coverage about BRT Apartments (NYSE:BRT) has been trending somewhat positive this week, according to Accern Sentiment. Accern identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. BRT Apartments earned a coverage optimism score of 0.23 on Accern’s scale. Accern also assigned news headlines about the financial services provider an impact score of 46.2958653299091 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Several analysts have recently weighed in on BRT shares. Zacks Investment Research raised shares of BRT Apartments from a “hold” rating to a “buy” rating and set a $13.00 price target for the company in a research note on Tuesday, December 19th. B. Riley restated a “buy” rating and issued a $13.50 price objective (up from $12.50) on shares of BRT Apartments in a report on Tuesday, January 9th. FBR & Co assumed coverage on shares of BRT Apartments in a report on Thursday, October 26th. They issued a “buy” rating and a $11.75 price objective on the stock. Janney Montgomery Scott initiated coverage on shares of BRT Apartments in a report on Friday, September 29th. They issued a “neutral” rating and a $10.50 price objective on the stock. Finally, TheStreet upgraded shares of BRT Apartments from a “d+” rating to a “c-” rating in a report on Tuesday, September 26th. One investment analyst has rated the stock with a hold rating and three have given a buy rating to the company. BRT Apartments has a consensus rating of “Buy” and a consensus price target of $12.19.

Shares of BRT Apartments (NYSE:BRT) traded up $0.14 on Tuesday, hitting $13.57. 82,200 shares of the stock were exchanged, compared to its average volume of 78,800. BRT Apartments has a fifty-two week low of $7.36 and a fifty-two week high of $13.63. The firm has a market cap of $191.97, a price-to-earnings ratio of 13.85 and a beta of 0.22. The company has a debt-to-equity ratio of 3.10, a current ratio of 1.08 and a quick ratio of 1.08.

BRT Apartments (NYSE:BRT) last announced its quarterly earnings data on Thursday, December 14th. The financial services provider reported $0.39 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.17 by $0.22. BRT Apartments had a net margin of 12.86% and a return on equity of 6.00%. equities research analysts expect that BRT Apartments will post 0.85 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Friday, January 5th. Investors of record on Friday, December 22nd were given a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 5.31%. The ex-dividend date was Thursday, December 21st. BRT Apartments’s dividend payout ratio (DPR) is 73.47%.

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About BRT Apartments

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.

Insider Buying and Selling by Quarter for BRT Apartments (NYSE:BRT)

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