BRT / BRT Apartments: Cash From The Sale Of Properties, Revenue Growth, And Undervalued

BRT Apartments Corp is a residential REIT focused on apartments, with a stock down 31% from recent highs even though the company's fundamentals didn't more_horizontal

BRT Realty (BRT) came out with quarterly funds from operations (FFO) of $0.37 per share, beating the Zacks Consensus Estimate of $0.29 per share. This more_horizontal

BRT Apartments Corp. reported impressive quarterly revenue growth and signed an agreement to acquire a 238-unit multifamily property in Richmond, VA. more_horizontal

The Zacks Equity REIT - Residential industry constituents are poised to benefit from the healthy demand amid the high cost of homeownership and a focu more_horizontal

The mean of analysts' price targets for BRT (BRT) points to a 32.5% upside in the stock. While this highly sought-after metric has not proven reasonab more_horizontal

BRT Apartments has seen its yield move up in recent months to nearly 6% on the back of its retrenching stock price. The apartment REIT reported a year more_horizontal

The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies. more_horizontal

GREAT NECK, N.Y., Feb. 21, 2023 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP. (NYSE:BRT), a real estate investment trust that owns, operates, and, to a les more_horizontal