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Is BRT Apartments Corp.’s (NYSE:BRT) CEO Pay Justified?

Terrence Jolly

Jeff Gould has been the CEO of BRT Apartments Corp. (NYSE:BRT) since 2002. This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. After that, we will consider the growth in the business. And finally we will reflect on how common stockholders have fared in the last few years, as a secondary measure of performance. This process should give us an idea about how appropriately the CEO is paid.

See our latest analysis for BRT Apartments

How Does Jeff Gould’s Compensation Compare With Similar Sized Companies?

According to our data, BRT Apartments Corp. has a market capitalization of US$182m, and pays its CEO total annual compensation worth US$1.1m. (This number is for the twelve months until 2017). While we always look at total compensation first, we note that the salary component is less, at US$784k. We examined companies with market caps from US$100m to US$400m, and discovered that the median CEO compensation of that group was US$973k.

So Jeff Gould is paid around the average of the companies we looked at. This doesn’t tell us a whole lot on its own, but looking at the performance of the actual business will give us useful context.

The graphic below shows how CEO compensation at BRT Apartments has changed from year to year.

NYSE:BRT CEO Compensation December 20th 18
NYSE:BRT CEO Compensation December 20th 18

Is BRT Apartments Corp. Growing?

BRT Apartments Corp. has increased its earnings per share (EPS) by an average of 30% a year, over the last three years It achieved revenue growth of 13% over the last year.

This shows that the company has improved itself over the last few years. Good news for shareholders. This sort of respectable year-on-year revenue growth is often seen at a healthy, growing business.

Shareholders might be interested in this free visualization of analyst forecasts. .

Has BRT Apartments Corp. Been A Good Investment?

Most shareholders would probably be pleased with BRT Apartments Corp. for providing a total return of 103% over three years. So they may not be at all concerned if the CEO is paid more than is normal for companies around the same size.

In Summary…

Jeff Gould is paid around what is normal the leaders of comparable size companies.

Few would be critical of the leadership, since returns have been juicy and earnings per share are moving in the right direction. Indeed, many might consider the pay rather modest, given the solid company performance! Shareholders may want to check for free if BRT Apartments insiders are buying or selling shares.

Of course, the past can be informative so you might be interested in considering this analytical visualization showing the company history of earnings and revenue.

To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at editorial-team@simplywallst.com.