BRT Apartments Corp (NYSE: BRT) filed its Quarterly Report on Form 10-Q for the quarter ended March 31, 2026. The company reports ownership interests in 31 multifamily properties totaling 8,311 units across 11 states and holds preferred equity investments in two properties. Financials and supplemental information are available on the company's investor relations website under "Financials – Quarterly Results."
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Positive
10-Q filed for quarter ended March 31, 2026
Portfolio scale: 31 multifamily properties, 8,311 units
Geographic diversification: properties across 11 states
Preferred equity interests in two multifamily properties
Negative
None.
News Market Reaction – BRT
-0.81%
-0.81%Session close to close
In the May 8 session, BRT declined 0.81%, reflecting a mild negative market reaction.
This announcement confirms filing of BRT’s Q1 2026 Form 10‑Q, detailing a net loss of $2.7M or $(0.1...
Analysis
This announcement confirms filing of BRT’s Q1 2026 Form 10‑Q, detailing a net loss of $2.7M or $(0.14) per share, rental revenue of $24.2M, and same-store NOI of $13.4M. Funds from operations were $0.33 per share and AFFO $0.39 per share. The company controls 31 properties with 8,311 units and carries a Debt to Enterprise Value ratio of 75%. Investors may monitor future use of the $150,000,000 shelf and refinancing plans.
Key Figures
Net loss:$2.7MEPS:$(0.14)Rental revenue:$24.2M+5 more
8 metrics
Net loss$2.7MNet loss attributable to common stockholders, Q1 2026
EPS$(0.14)Q1 2026 loss per share vs $(0.12) prior year
Rental revenue$24.2MRental and other real estate revenue, up 2.3% year over year
NAREIT FFO/share$0.33Funds from operations per diluted share, Q1 2026
AFFO/share$0.39Adjusted funds from operations per diluted share, Q1 2026
Same-store NOI$13.4MSame-store net operating income, up $0.6M year over year
Portfolio size31 properties / 8,311 unitsMultifamily properties and units as of May 7, 2026
Debt to Enterprise Value75%Leverage metric reported alongside Q1 2026 results
Filed Q2 2024 10-Q with updated financials and 29-property portfolio.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Pattern Detected
Earnings-related filings have historically led to modest, often negative, next-day moves averaging about -0.76%.
Recent Company History
Over recent quarters, BRT has repeatedly used SEC filings to update investors on financial results and portfolio size. Prior earnings-related 10-Q and 10-K announcements typically showed a stable multifamily portfolio of 29–31 properties and 7,947–8,311 units across 11 states, with modest share price moves around the news. The current Q1 2026 10-Q filing continues this pattern of regular disclosure, but the pre-news price was slightly positive, contrasting with the average mild negative reaction seen after past earnings events.
Key Terms
form 10-q, securities and exchange commission, funds from operations, adjusted funds from operations, +4 more
8 terms
form 10-qregulatory
"filed its Quarterly Report on Form 10-Q for the quarter ended March 31, 2026"
A Form 10-Q is a detailed report that publicly traded companies are required to file with regulators three times a year, providing an update on their financial health and business activities. It is important for investors because it offers timely insights into a company's performance, helping them make informed decisions about buying or selling stocks. Think of it as a regular check-up report that shows how well a company is doing.
securities and exchange commissionregulatory
"for the quarter ended March 31, 2026, with the Securities and Exchange Commission"
A national government agency that enforces rules for buying, selling and disclosing information about stocks and other investments, acting like a referee and scorekeeper for financial markets. It requires companies to share clear, regular financial and business information and investigates fraud or rule-breaking, which matters to investors because those rules and disclosures help ensure fair prices, reduce hidden risks and make it easier to compare investment choices.
funds from operationsfinancial
"Funds from Operations rose to $0.33 per diluted share from $0.30"
Funds from operations (FFO) measures the cash a real estate-focused company generates from its core property operations by adjusting net income to add back non-cash expenses like building depreciation and removing one-time gains or losses from property sales. Investors use FFO like a household’s monthly take-home pay—it's a clearer view of ongoing cash available to pay dividends, maintain properties and fund growth than raw accounting profit.
"Adjusted FFO held steady at $0.39 per diluted share"
Adjusted funds from operations is a financial measure that shows how much cash a real estate company generates from its property operations, excluding certain non-recurring items and accounting adjustments. It helps investors understand the company’s true cash flow ability to pay dividends or fund growth. This figure offers a clearer picture of ongoing financial performance by removing irregular or one-time factors that can distort regular income.
net operating incomefinancial
"Combined portfolio net operating income increased 4.0% year over year"
Net operating income is the profit a business makes from its core operations after subtracting the costs directly related to running those operations, but before accounting for taxes, interest, or other expenses. It shows how efficiently a company is generating income from its main activities. Investors use this figure to assess the company's operational performance and profitability.
debt to enterprise valuefinancial
"The company’s Debt to Enterprise Value ratio was 75%"
Debt to enterprise value is a ratio that compares the total debt a company owes to the full value of the business, where enterprise value represents the combined worth of equity and debt minus cash. It tells investors how much of the company’s market value is financed by borrowed money—like checking how much of a house’s value is covered by a mortgage—so higher values signal greater leverage and potentially higher financial risk.
shelf registration statementregulatory
"filed a shelf prospectus to offer up to $150,000,000 of common stock"
A shelf registration statement is a document a company files with regulators that allows it to sell shares or bonds quickly when it’s a good time to raise money. It’s like having a pre-approved plan ready so the company can act fast without going through lengthy paperwork each time they want to sell, making fundraising more flexible.
prospectus filed pursuant to rule 424(b)(3)regulatory
"Prospectus Filed Pursuant to Rule 424(b)(3)"
A prospectus filed pursuant to Rule 424(b)(3) is an updated offering document submitted to the U.S. Securities and Exchange Commission that adds or revises information about a securities sale already registered with the SEC. It works like an updated product label for an investment, spelling out the price, number of shares, key risks and how proceeds will be used; investors rely on it to understand the exact terms and potential impact on their holdings before deciding to buy or sell.
GREAT NECK, N.Y., May 07, 2026 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP. (NYSE: BRT), a real estate investment trust, announced today that it has filed its Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, 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 caption “Financials – Quarterly Results.”
BRT is a real estate investment trust that owns and operates multifamily properties. These multifamily properties may be wholly owned by BRT or by unconsolidated joint ventures in which BRT contributed a portion of the equity. As of May 7, 2026, BRT owns or has interests in 31 multi-family properties with 8,311 units in 11 states and has preferred equity investments in two multifamily properties. For additional information on BRT’s operations, activities and properties, please visit its website at www.brtapartments.com.
Contact:
BRT APARTMENTS CORP. 60 Cutter Mill Road Suite 303 Great Neck, New York 11021 Telephone: (516) 466-3100 Email: investors@BRTapartments.com www.BRTapartments.com
FAQ
Has BRT (NYSE: BRT) filed its Q1 2026 Form 10-Q and where can I find it?
Yes. According to the company, BRT filed its Form 10-Q for the quarter ended March 31, 2026. The financial statements and supplemental information are available on the company's investor relations website under "Financials – Quarterly Results."
How many properties and units does BRT (NYSE: BRT) report owning as of May 7, 2026?
BRT reports interests in 31 multifamily properties totaling 8,311 units as of May 7, 2026, according to the company. These properties are held wholly or via unconsolidated joint ventures across 11 states.
Does BRT (NYSE: BRT) hold any preferred equity investments in its portfolio?
Yes. According to the company, BRT has preferred equity investments in two multifamily properties. These are reported separately from wholly owned or joint venture property interests.
Where can investors get more information about BRT (NYSE: BRT) operations and properties?
Investors can find more details on the company's website. According to the company, operational and property information is available at www.brtapartments.com and the investor relations "Financials – Quarterly Results" section.
What is the reporting period for BRT's recently filed 10-Q (NYSE: BRT)?
The filing covers the quarter ended March 31, 2026, according to the company. The Form 10-Q contains the quarter's financial statements and supplemental financial information available on the investor relations site.
