BRT Apartments Corp. (BRT) Stock Price & Analysis
BRT Apartments Corp. (BRT) is trading at USD 13.09, down 0.91% today, as of October 23, 2026 at 18:26 UTC (US market open; quotes may be delayed), according to Nexqual market data.
BRT last closed at USD 13.21; today's session has ranged USD 12.99–13.29 on volume of 15,628 shares. Market capitalization is $246.00M, with a 52-week range of USD 12.85–15.63 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 18:33 UTC.
Also available as compact Markdown for AI agents: nexqual.com/BRT.md
Key facts (BRT)
- Last four reported quarters (through Jun 30, 2026): revenue $97.8M, net income -$12.9M (-13.2% margin) (SEC filings).
- Insider open-market sales, last ~7 months: 1 Form 4 filings, $673K; 1 not under a Rule 10b5-1 plan ($673K); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 2.00 on a 1–5 scale) (3 analysts), mean target USD 18 (range 15.5–20).
- Total return with dividends: 1Y -6.2% vs S&P 500 +14.5%; 5Y -12.5% vs S&P 500 +77.1%.
- Next earnings: 2026-11-05, EPS estimate USD -0.21, revenue estimate $24.6M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (BRT)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $32.1M | $70.5M | $93.6M | $95.6M | $97.0M | $97.8M |
| Gross profit | — | — | — | — | $96.9M | — |
| Operating income | -$10.1M | -$15.0M | -$14.3M | -$12.3M | -$12.5M | -$12.4M |
| Net income | $29.1M | $50.0M | $3.9M | -$9.8M | -$11.9M | -$12.9M |
| EPS (diluted) | $1.62 | $2.66 | $0.16 | -$0.52 | -$0.63 | — |
| Gross margin | — | — | — | — | 99.8% | — |
| Operating margin | -31.4% | -21.3% | -15.3% | -12.9% | -12.9% | -12.6% |
| Net margin | 90.8% | 70.8% | 4.1% | -10.2% | -12.3% | -13.2% |
| Revenue growth | +14.1% | +120.0% | +32.7% | +2.2% | +1.5% | — |
| Cash + short-term investments | $32.3M | $20.3M | $23.5M | $27.9M | $25.1M | — |
| Total debt | $237M | $460M | $460M | $484M | $508M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (BRT)
P/S 2.5x · EV/EBITDA 51.0x · EV/Sales 7.5x · P/B 1.5x · Earnings yield -5.26% · Dividend yield (paid, TTM) 6.16% · Buyback yield (TTM) 3.26% · Net debt $484M · EV $730M
P/E at fiscal year-ends: Dec 2023 86.1x.
Insider sales (SEC Form 4, open-market, last ~7 months) (BRT)
0 of 1 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-10-16 | Ginsburg Alan H | Director | 50,129 | $673K | 50.3% | No | Too little history (no open-market trades in 2023 or 2024) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (BRT)
Consensus Buy (mean 2.00 on a 1–5 scale), 3 analysts; mean target USD 18 (low 15.5, high 20).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-08-20 | Citizens | Reiterated | Market Outperform | $20 |
Total return (dividends reinvested) (BRT)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | -6.2% | -12.5% |
| S&P 500 (SPY) | +14.5% | +77.1% |
| Per year | -6.2% | -2.6% |
| Volatility (annualized) | 22.4% | 27.2% |
| Max drawdown | -16.3% (Jun 2026→Oct 2026) | -35.3% (Aug 2022→Mar 2026) |
BRT suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | Gould Investors | “Our "affiliated entities" include Gould Investors L.P. ("Gould Investors"), a master limited partnership involved primarily in the ownership and operation of a diversified portfolio of real estate assets;” |
Quoted from the company's 10-K filed Mar 13, 2026.
BRT company outlook (results filed Aug 10, 2026)
- “Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," "forecasts," "projects," "assumes," "will," "may," "could," "should," "budget," "target," "outlook," "opportunity," "guidance" and variations of such words and similar expressions are intended to identify such forward-looking statements.”
- “The completion of the transaction, which is anticipated to close in the first quarter of 2027, is subject to, among other things, HUD and lender approval of the mortgage assumption, and other customary closing conditions.”
- “The Company anticipates contributing approximately $8.8 million of the equity toward the purchase, including $1.9 million of working capital reserves, and incurring an estimated $450,000 of transaction costs and $700,000 in deferred financing costs, which costs will be amortized over time.”
Quoted word-for-word from the SEC 8-K results press release.
BRT analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $-0.21 | $-0.20 | +5.0% | $24.6M | 2 |
| Next quarter (ends Dec 2026) | $-0.20 | $-0.20 | +2.5% | $24.8M | 2 |
| Current fiscal year (ends Dec 2026) | $-0.74 | $-0.80 | -6.9% | $97.9M | 2 |
| Next fiscal year (ends Dec 2027) | $-0.73 | $-0.65 | +13.1% | $105.7M | 2 |
BRT options: expected move
Options price a move of about ±15.5% (±$2.05) by Mar 19, 2027, which includes earnings on Nov 5, 2026. Over the last 8 reports the stock moved ±1.9% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Mar 19, 2027 | 147 | 31.2% | ±15.5% |
30-day implied volatility 39.6% vs 26% realized over the last 30 trading days. Put/call ratio (volume) —. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 18:33 UTC)
| Price | USD 13.09 |
|---|---|
| Change | ▼ 0.91% (down) |
| Previous Close | USD 13.21 |
| Open | USD 13.35 |
| Day Range | USD 12.99 – 13.29 |
| 52-Week Range | USD 12.85 – 15.63 |
| Volume | 15,628 shares |
| Market Cap | $246.00M |
| Exchange | NYQ |
Technical Analysis (BRT)
Nexqual's technical model rates BRT "STRONG SELL" based on 0 bullish and 5 bearish signals across 128 daily candles, as of October 23, 2026 at 18:33 UTC.
| Overall Signal | STRONG SELL |
|---|---|
| RSI (14) | 41.35 (neutral) |
| vs SMA50 | Below (USD 13.92) |
| MACD | -0.21 (negative) |
Analyst Ratings (BRT)
Wall Street analysts rate BRT "Buy" based on 3 analysts, with a mean price target of USD 18 (range USD 15.5–20), per Nexqual as of October 23, 2026 at 18:33 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 3 |
| Mean Target | USD 18 |
| High Target | USD 20 |
| Low Target | USD 15.5 |
| Buy / Hold / Sell | 2 / 1 / 0 |
Earnings (BRT)
| Next Earnings Date | 2026-11-05 |
|---|---|
| EPS Estimate | USD -0.21 |
| Revenue Estimate | $24.60M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD -0.19 vs est -0.2 ▲ beat |
| 2026-03-31 | USD -0.14 vs est -0.2 ▲ beat |
| 2025-12-31 | USD -0.23 vs est -0.15 ▼ miss |
| 2025-09-30 | USD -0.14 vs est -0.15 ▲ beat |
Source: Nexqual, October 23, 2026 at 18:33 UTC.
Financials & Fundamentals (BRT)
| Total Revenue | $96.61M |
|---|---|
| Revenue Growth (latest quarter, YoY) | -0.10% |
| Gross Margin | +54.15% |
| Operating Margin | +11.64% |
| Profit Margin | -13.39% |
| ROE | -7.25% |
| Debt / Equity | 3.17 |
| Current Ratio | 1.1 |
| Total Cash | $22.72M |
| Total Debt | $508.48M |
Source: Nexqual, October 23, 2026 at 18:33 UTC.
Financial Health Score (BRT)
Nexqual rates BRT Apartments Corp.'s overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 18:33 UTC.
| Growth | Mixed — Revenue +1.5% YoY (annual), slow |
|---|---|
| Profitability | Strong — Gross margin 54%, operating 12% (last 12 months) |
| Balance Sheet | Critical — $23M cash and investments vs $507M debt (Jun 2026, SEC) |
| Cash Flow | Solid — Operating cash flow $14M (FY ended Dec 2025, 10-K) |
| Efficiency | Critical — ROE -7%, ROA 0.9% |
Ownership (BRT)
| Insider Ownership | +25.21% |
|---|---|
| Institutional Ownership | +50.93% |
| Shares Outstanding | 18.79M |
| Float | 11.01M |
| Short % of Float | +3.02% |
Source: Nexqual, October 23, 2026 at 18:33 UTC.
Leadership (BRT)
BRT Apartments Corp. is led by Jeffrey Alan Gould, President, CEO & Director, per Nexqual as of October 23, 2026 at 18:33 UTC.
| President, CEO & Director | Jeffrey Alan Gould |
|---|---|
| CFO, Senior VP & Treasurer | Isaac David Kalish |
| Senior Vice President of Finance | David W. Kalish |
| Senior Vice President of Legal | Steven Israel Rosenzweig |
| Senior VP & Director | Matthew J. Gould |
Major Backers & Investors (BRT)
Notable institutional backers of BRT Apartments Corp. include Oppenheimer & Close, LLC, Renaissance Technologies, Morgan Stanley, according to Nexqual as of October 23, 2026 at 18:33 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Oppenheimer & Close, LLC | 2.14% |
| Renaissance Technologies | 1.66% |
| Morgan Stanley | 1.33% |
| Fidelity | 1.02% |
| State of New Jersey Common Pension Fund D | 0.95% |
| Stifel Financial Corporation | 0.9% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 5.65% |
| Vanguard Group | 2.49% |
| Geode Capital | 1.57% |
| State Street | 1.32% |
Source: Nexqual, October 23, 2026 at 18:33 UTC.
From BRT Apartments Corp.'s Latest SEC 10-K Filing (filed 2026-03-13)
Key Strengths & Strategy (as disclosed to the SEC)
- We will acquire multi-family properties either with joint venture partners (and especially with partner's experienced in the target market), which allows us to benefit from such partner's experience, or directly (i.e., without a joint venture partner), which allows for the possibility for greater returns on our investment.
Partnerships
- At February 27, 2026, we had approximately $24.8 million of cash and cash equivalents (of which a significant portion is required for day-to-day operating expenses at the property level) and up to $40 million available to us under our credit facility.
- In March 2026, our board of directors increased the value of the shares that we can repurchase up to $10 million and extended the repurchase program through December 31, 2028.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| NXRT | NexPoint Residential Trust, Inc | USD 18.65 | ▼ 2.3% |
| CSR | D/B/A Centerspace | USD 56.7 | ▼ 1.31% |
| UMH | UMH Properties, Inc. | USD 15.35 | ▼ 0.65% |
| IRT | Independence Realty Trust, Inc. | USD 14.91 | ▼ 1.75% |
| MRP | Millrose Properties, Inc. | USD 23.84 | ▼ 0.54% |
| JAN | Janus Living, Inc. | USD 28.06 | ▼ 2.03% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 18:33 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt