BRT Apartments (NYSE:BRT) released its earnings results on Wednesday. The financial services provider reported $0.20 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.21 by ($0.01), Fidelity Earnings reports. BRT Apartments had a negative return on equity of 1.25% and a negative net margin of 2.84%. The company had revenue of $34.04 million during the quarter, compared to the consensus estimate of $32.66 million.
Shares of BRT stock traded up $0.26 during mid-day trading on Friday, hitting $17.39. The company’s stock had a trading volume of 207 shares, compared to its average volume of 35,419. BRT Apartments has a 52-week low of $10.91 and a 52-week high of $17.71. The business has a 50-day moving average price of $15.66 and a 200 day moving average price of $14.22. The company has a debt-to-equity ratio of 3.22, a quick ratio of 1.10 and a current ratio of 1.10. The stock has a market cap of $272.37 million, a price-to-earnings ratio of 17.94 and a beta of 0.79.
The firm also recently declared a 0.20000 dividend, which was paid on Thursday, October 10th. Stockholders of record on Wednesday, September 25th were paid a $0.22 dividend. This represents a dividend yield of 6%. The ex-dividend date of this dividend was Tuesday, September 24th. BRT Apartments’s dividend payout ratio is currently 90.72%.
BRT Apartments Company Profile
BRT is a real estate investment trust that owns, operates and develops multi-family properties. Interested parties are urged to review the Form 10-Q filed with the Securities and Exchange Commission for the quarter ended December 31, 2018 and the supplemental disclosures regarding the quarter on the investor relations section of the Company's website.
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