Workflow
BRT Apartments (BRT)
icon
Search documents
BRT Realty (BRT) Q2 FFO Miss Estimates
ZACKS· 2024-08-09 22:30
分组1 - BRT Realty (BRT) reported quarterly funds from operations (FFO) of $0.35 per share, missing the Zacks Consensus Estimate of $0.37 per share, and down from $0.37 per share a year ago, representing an FFO surprise of -5.41% [1] - The company posted revenues of $23.86 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 1.76%, compared to year-ago revenues of $23.32 million [2] - BRT has surpassed consensus revenue estimates two times over the last four quarters [2] 分组2 - BRT shares have lost about 3.8% since the beginning of the year, while the S&P 500 has gained 11.5% [3] - The company's FFO outlook is crucial for investors to assess future stock performance, with current consensus FFO estimates at $0.38 for the coming quarter and $1.50 for the current fiscal year [4][7] - The Zacks Industry Rank for REIT and Equity Trust - Residential is currently in the top 32% of over 250 Zacks industries, indicating a favorable industry outlook [8]
BRT Apartments Corp. Files Second Quarter 2024 Financial Statements
GlobeNewswire News Room· 2024-08-09 20:28
Core Viewpoint - BRT Apartments Corp. has filed its quarterly report for Q2 2024, highlighting its operations and financial performance as a real estate investment trust focused on multi-family properties [1] Company Overview - BRT Apartments Corp. is a real estate investment trust (REIT) that owns, operates, and holds interests in joint ventures related to multi-family properties [1] - As of June 30, 2024, the company owns or has interests in 29 multi-family properties, totaling 7,947 units across 11 states [1] Financial Reporting - The quarterly report on Form 10-Q for the quarter ended June 30, 2024, has been filed with the Securities and Exchange Commission [1] - Financial statements and supplemental information are available on the company's investor relations website under "Financials – Quarterly Results" [1]
BRT Apartments (BRT) - 2024 Q2 - Quarterly Results
2024-08-09 20:24
Exhibit 99.1 | --- | --- | |--------------------------------------------------------------|--------------------------| | | | | SUPPLEMENTAL INFORMATION FOR THREE JUNE 30, 2024 | FINANCIAL MONTHS ENDED | August 9, 2024 60 Cutter Mill Rd., Great Neck, NY 11021 CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS We consider some of the information set forth herein to contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, or the Securities Act, and ...
BRT Apartments (BRT) - 2024 Q2 - Quarterly Report
2024-08-09 20:21
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2024 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File Number 001-07172 BRT APARTMENTS CORP. (Exact name of Registrant as specified in its charter) Maryland 13-2755856 (State or other jurisdiction of (I.R.S. Employer Identif ...
BRT Apartments Corp. Announces Filing Date for Second Quarter 2024 Earnings Results
GlobeNewswire News Room· 2024-07-24 20:15
BRT is a real estate investment trust that owns, operates and, to a lesser extent, holds interests in joint ventures that own multi-family properties. As of June 30, 2024, BRT owns or has interests in 29 multi-family properties with 7,947 units in 11 states. For additional information on BRT's operations, activities and properties, please visit its website at www.brtapartments.com. BRT APARTMENTS CORP. 60 Cutter Mill Road Suite 303 Great Neck, New York 11021 Telephone: (516) 466-3100 Email: investors@BRTapa ...
BRT Apartments Corp. Announces Quarterly Dividend
Newsfilter· 2024-06-11 14:42
About BRT Apartments Corp: BRT is a real estate investment trust that owns, operates and, to a lesser extent, develops multi-family properties. Additional information on BRT, its operations and portfolio, is available at BRT's website at: http://brtapartments.com. Interested parties are encouraged to review the reports BRT files with the Securities and Exchange Commission for additional information. GREAT NECK, N.Y., June 11, 2024 (GLOBE NEWSWIRE) -- BRT Apartments Corp. (NYSE:BRT) announced that its Board ...
BRT Apartments Corp. Announces Quarterly Dividend
GlobeNewswire News Room· 2024-06-11 14:42
About BRT Apartments Corp: BRT APARTMENTS CORP. 60 Cutter Mill Road Suite 303 Great Neck, New York 11021 Telephone (516) 466-3100 Telecopier (516) 466-3132 http://brtapartments.com GREAT NECK, N.Y., June 11, 2024 (GLOBE NEWSWIRE) -- BRT Apartments Corp. (NYSE:BRT) announced that its Board of Directors declared a quarterly dividend of $0.25 per share. The dividend is payable July 9, 2024, to stockholders of record at the close of business on June 25, 2024. BRT estimates that if it does not sell any multi-fam ...
Best Income Stocks to Buy for June 11th
ZACKS· 2024-06-11 12:30
Geopark (GPRK) : This company which is an explorer, operator and consolidator of oil and gas in Chile, Colombia, Brazil and Argentina, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.9% over the last 60 days. This Zacks Rank #1 company has a dividend yield of 5.6%, compared with the industry average of 3.8%. See the full list of top ranked stocks here. Here are three stocks with buy rank and strong income characteristics for investors to consider today, June 11th: BRT A ...
BRT Apartments Corp. Files First Quarter 2024 Financial Statements
Newsfilter· 2024-05-08 20:45
GREAT NECK, N.Y., May 08, 2024 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP. (NYSE:BRT), a real estate investment trust that owns, operates, and, to a lesser extent, holds interests in joint ventures that own multi-family properties, announced that it has filed its quarterly report on Form 10-Q for the quarter ended March 31, 2024 with the Securities and Exchange Commission. The financial statements and supplemental financial information can be accessed on the Company's investor relations website under the capti ...
BRT Apartments (BRT) - 2024 Q1 - Quarterly Results
2024-05-08 20:19
SUPPLEMENTAL FINANCIAL INFORMATION FOR THREE MONTHS ENDED MARCH 31, 2024 60 Cutter Mill Rd., Great Neck, NY 11021 The following factors, among others, could cause our actual results, performance or achievements to differ materially from those expressed or implied in the forward-looking statements: • challenges in acquiring properties (including challenges in buying properties directly without the participation of joint venture partners and the limited number of multi-family property acquisition opportunitie ...