BRT Realty Trust BRT is a real estate investment trust (REIT) that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on BRT’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that HALO International could be a solid choice for investors.
Current Quarter Estimates for BRT
In the past 30 days, one estimate has gone higher for BRT Realty Trust while none has gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from 18 cents a share 30 days ago, to 21 cents a share today, a move of 16.7%.
Current Year Estimates for BRT
Meanwhile, BRT Realty Trust’s current year figures are also looking quite promising, with one estimate moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame, increasing from 76 cents per share 30 days ago to 85 cents per share today, a move of 11.8%.
BRT Realty Trust Price and Consensus
BRT Realty Trust Price and Consensus | BRT Realty Trust Quote
The stock has also started to move higher lately, adding 5% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #1 (Strong Buy) stock to profit in the near future. You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.
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