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BRT Apartments Corp - $BRT STOCK NEWS

Welcome to our dedicated page for BRT Apartments news (Ticker: $BRT), a resource for investors and traders seeking the latest updates and insights on BRT Apartments stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect BRT Apartments's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of BRT Apartments's position in the market.

News
BRT Apartments Corp. Announces Filing Date for First Quarter 2024 Earnings Results
Rhea-AI Summary
BRT Apartments Corp. announces the filing date for its First Quarter 2024 earnings results. The real estate investment trust plans to submit its Form 10-Q for the period ending March 31, 2024, to the SEC. This announcement signifies transparency and adherence to financial reporting standards.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.69%
Tags
earnings
-
News
BRT Apartments Corp. Reports Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
BRT Apartments Corp. reported financial results for Q4 and full-year 2023, including a net loss of $1.7 million in Q4, FFO of $0.34 per diluted share, and AFFO of $0.38 per diluted share. The company also saw an increase in Combined Portfolio NOI, repurchased shares, and closed a $21.2 million loan secured by Silvana Oaks. In May 2023, a joint venture completed the sale of an asset generating net proceeds of $19.4 million for BRT. The interest rate on the credit facility was reduced, and a dividend of $0.25 per share was declared for Q1 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.43%
Tags
earnings
-
News
BRT Apartments Corp. Announces Quarterly Dividend
Rhea-AI Summary
BRT Apartments Corp. (BRT) declares a quarterly dividend of $0.25 per share, payable on April 4, 2024. The company anticipates a substantial portion of 2024 dividends to be classified as a return of capital for tax purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.25%
Tags
dividends
News
BRT Apartments Corp. Schedules Fourth Quarter 2023 Earnings Release and Conference Call Dates
Rhea-AI Summary
BRT Apartments Corp. to Release Q4 2023 Financial Results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.56%
Tags
earnings
-
News
Rainbow Realty Group Announces Launch of Fund IV: Capitalizing on a Moment in Time
Rhea-AI Summary
Rainbow Realty Group, LLC announces the launch of Rainbow Realty Group Fund IV LLC, a private real estate fund accessible only to accredited investors under Rule 506(c) of Regulation D. The fund is expecting its first close by the end of February. Gould Investors L.P. is the largest investor in Rainbow, having invested more than 25% of the LP capital in the strategy to date. Rainbow has a six-decade track record of success investing in the real estate industry and has deployed over $135M across 57 properties in 10 states. The CEO of Rainbow, Kyle Shenfeld, highlights the company's proven strategy and the potential rewards in the nascent cannabis industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.48%
Tags
none
-
News
BRT Apartments Corp. Announces Quarterly Dividend
Rhea-AI Summary
BRT Apartments Corp. (NYSE:BRT) has declared a quarterly dividend of $0.25 per share, payable on January 5, 2024. The Board of Directors also authorized the replenishment of its stock repurchase authorization, allowing the repurchase of $10 million of shares through 2025.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.52%
Tags
dividends
News
Rainbow Realty Group Completes $5 Million Loan to New York-based Cannabis Company
Rhea-AI Summary
New York cultivation, manufacturing, distribution platform secures loan for growth. A leading company in the Hudson Valley has secured a loan using industrial and agricultural real property to advance its brand portfolio and ongoing expansion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.55%
Tags
none
-
News
BRT Apartments Corp. Reports Third Quarter 2023 Results
Rhea-AI Summary
BRT Apartments Corp. reported a net loss of $1.5 million for Q3 2023. Funds from Operations (FFO) were $0.31 per diluted share and Adjusted Funds from Operations (AFFO) were $0.41 per diluted share. Equity in earnings of unconsolidated joint ventures was $426,000. Combined Portfolio NOI decreased by 0.4%. The company repurchased shares and affirmed its full year 2023 guidance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.87%
Tags
earnings
-
News
BRT Apartments Corp. Schedules Third Quarter 2023 Earnings Release and Conference Call Dates
Rhea-AI Summary
BRT Apartments Corp. will release its financial results for Q3 2023 on November 6, 2023. A conference call and webcast will be held on November 7, 2023 to review the results and 2023 outlook.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.13%
Tags
earnings
News
BRT Apartments Corp. Declares Third Quarter 2023 Dividend
Rhea-AI Summary
BRT Apartments Corp declares $0.25 quarterly dividend per share
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.11%
Tags
dividends earnings
Stock BRT logo
BRT Apartments Corp

NYSE:BRT

BRT Rankings

#3307 Ranked by Market Cap
#3674 Ranked by Stock Gains
#559 Ranked by Dividends

BRT Stock Data

346.00M
12.45M
21.01%
48.92%
0.72%
Trusts, Estates, and Agency Accounts
Finance and Insurance
Link
United States of America
GREAT NECK

About BRT

brt apartments corp. is a real estate investment trust (reit). the corporation is focused on the ownership, operation and development of multi-family properties. these activities are primarily conducted through joint ventures in which the corporation has an equity interest in the entity owning the property.