|Bid||0.00 x 900|
|Ask||0.00 x 800|
|Day's Range||12.34 - 12.60|
|52 Week Range||7.36 - 13.99|
|PE Ratio (TTM)||5.27|
|Earnings Date||Aug 5, 2016 - Aug 8, 2016|
|Forward Dividend & Yield||0.80 (6.15%)|
|1y Target Est||12.75|
BRT Apartments Corp. (BRT) announced that an entity in which it has a 50% equity interest acquired Landings of Carrier Parkway, a 281-unit multi-family property located in Grand Prairie, Texas, midway between Dallas and Ft. Worth, for $30.8 million, including $19.0 million of mortgage debt obtained in connection with the acquisition. The mortgage debt matures in 2028, carries an interest rate of 4.37% and is interest only until 2023. BRT contributed $7.3 million of equity in connection with the acquisition and anticipated improvements to the property.
Zacks Industry Outlook Highlights: Pebblebrook, Innovative Industrial, BRT and Apollo Commercial
The Great Neck, New York-based real estate investment trust said it had funds from operations of $3.6 million, or 25 cents per share, in the period. Funds from operations is a closely watched measure in ...
–Increases Rental Revenues by 19.5% Compared to Prior Year Period–– Net Income of $1.75 per diluted share–– Increases AFFO to $0.26 per diluted share from $0.16 per diluted share–. GREAT NECK, N.Y., May ...
BRT Apartments Corp. (BRT) announced that an entity in which it has an 80% equity interest acquired Anatole Apartments, a 208-unit multi-family property located in Daytona Beach, Florida, for $20.5 million, including the assumption of $13.6 million of mortgage debt. The mortgage debt matures in 2025, carries an attractive interest rate in today’s environment of 3.94% and is interest only until 2020. BRT contributed $6.9 million of equity in connection with this acquisition. - Risk Factors” in BRT’s Annual Report on Form 10-K for the year ended September 30, 2017 and in the Quarterly Reports on Form 10-Q and Current Reports on Form 8-K filed thereafter.
The Zacks Analyst Blog Highlights: Las Vegas Sands, Compass Diversified Holdings, Seagate Technology, Solar Capital and BRT Apartments
Dividend payers can make for wonderful investments as they are financially stable and mature, and can even generate steady cash flow irrespective of market conditions.
LONDON, UK / ACCESSWIRE / March 23, 2018 / Active-Investors has a free review on BRT Apartments Corp. (NYSE: BRT ) ("BRT") following the Company's announcement that it will begin trading ex-dividend ...
Shares of BRT Apartments Corp (NYSE:BRT) will begin trading ex-dividend in 3 days. To qualify for the dividend check of $0.2 per share, investors must have owned the shares priorRead More...
GREAT NECK, N.Y., March 13, 2018-- BRT Apartments Corp. announced that its Board of Directors declared a quarterly dividend on the Company’ s common stock of $0.20 per share, representing an increase of ...
GREAT NECK, N.Y., March 01, 2018-- BRT Apartments Corp. today announced the sale of The Apartments at Venue, located in Valley, Alabama, in which the Company held a 61% joint venture equity interest. This ...
A New York apartment investment company is expanding its holdings in metro Atlanta. The deal gives BRT five properties in Georgia , including The Pointe at Lenox Park (271 units), Avondale Station in Decatur (212 units), Woodland Trails in LaGrange (236 units), and Grove at River Place in Macon (240 units). The company previously owned five other Georgia properties which have since been sold.
The Zacks Analyst Blog Highlights: Advance Auto Parts, Children's Place, Diplomat Pharmacy, Oshkosh and BRT Apartments
The nation’s GDP increased at a seasonally adjusted annual rate of 2.6% in the final three months of 2017 following gains in the previous two quarters of more than 3%, per the “advance” estimate released by the Bureau of Economic Analysis. The economy also expanded at a rate of 2.3% for all of 2017 following a discouraging 1.5% increase in 2016. The economy, nonetheless, was driven by solid consumer spending in the fourth quarter.
Zacks Industry Outlook Highlights: BRT Apartments, American Tower, Terreno Realty and Select Income
BRT Realty Trust (BRT) is seeing solid earnings estimate revisions, and the stock is showing decent short-term momentum as well.