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.
![BRT Apartments logo](/files/LOGO/14846-BRT.png)
Company profile
Ticker
BRT
Exchange
Website
CEO
Jeffrey A. Gould
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
BRT REALTY TRUST, BRT Realty Trust
SEC CIK
Corporate docs
Subsidiaries
TRB No. 1 Corp. • TRB 69th Street Corp. • TRB Yonkers Corp. • TRB Lawrence Realty Corp. • TRB Silvana LLC • TRB Avondale LLC • TRB Columbus LLC • TRB Arlington LLC • TRB Triple Play LLC • TRB Crossings Holdings LLC ...
IRS number
132755856
BRT stock data
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
15 Jul 24
S-8
Registration of securities for employees
11 Jun 24
8-K
BRT Apartments Corp. Announces Quarterly Dividend
11 Jun 24
8-K
Cautionary Statement Regarding Forward-looking Statements
8 May 24
10-Q
2024 Q1
Quarterly report
8 May 24
ARS
2024 FY
Annual report to shareholders
22 Apr 24
DEF 14A
Definitive proxy
22 Apr 24
10-K
2023 FY
Annual report
14 Mar 24
S-3D
Registration of securities, dividend or interest reinvestment plans, immediately effective
13 Mar 24
8-K
BRT Apartments Corp. Reports Fourth Quarter and Full Year 2023 Results
12 Mar 24
Transcripts
BRT
Earnings call transcript
2023 Q4
13 Mar 24
BRT
Earnings call transcript
2023 Q3
7 Nov 23
BRT
Earnings call transcript
2023 Q2
8 Aug 23
BRT
Earnings call transcript
2023 Q2
8 Aug 23
BRT
Earnings call transcript
2023 Q1
9 May 23
BRT
Earnings call transcript
2022 Q4
15 Mar 23
BRT
Earnings call transcript
2022 Q3
8 Nov 22
BRT
Earnings call transcript
2022 Q2
9 Aug 22
BRT
Earnings call transcript
2022 Q1
10 May 22
BRT
Earnings call transcript
2021 Q4
15 Mar 22
Latest ownership filings
4
GEORGE ZWEIER
20 Jun 24
144
Notice of proposed sale of securities
17 Jun 24
4
Ryan Baltimore
15 May 24
144
Notice of proposed sale of securities
13 May 24
4
Steven Rosenzweig
8 May 24
4
JEFFREY GOULD
8 May 24
4
MATTHEW J GOULD
8 May 24
4
MITCHELL GOULD
8 May 24
4
FREDRIC H GOULD
8 May 24
4
GEORGE ZWEIER
8 May 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 25.38 mm | 25.38 mm | 25.38 mm | 25.38 mm | 25.38 mm | 25.38 mm |
Cash burn (monthly) | 2.13 mm | (no burn) | 1.10 mm | 1.04 mm | (no burn) | (no burn) |
Cash used (since last report) | 8.24 mm | n/a | 4.24 mm | 4.04 mm | n/a | n/a |
Cash remaining | 17.13 mm | n/a | 21.14 mm | 21.34 mm | n/a | n/a |
Runway (months of cash) | 8.0 | n/a | 19.3 | 20.4 | n/a | n/a |
Institutional ownership, Q1 2024
6.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 31 |
Opened positions | 18 |
Closed positions | 2 |
Increased positions | 3 |
Reduced positions | 1 |
13F shares | Current |
---|---|
Total value | 16.00 bn |
Total shares | 1.14 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Oppenheimer & Close | 347.77 k | $5.84 bn |
State of New Jersey Common Pension Fund D | 257.50 k | $4.33 bn |
BK Bank Of New York Mellon | 92.07 k | $1.55 bn |
Altfest L J & Co | 86.35 k | $1.45 mm |
Albert D Mason | 68.74 k | $1.16 mm |
Silverberg Bernstein Capital Management | 66.08 k | $1.11 bn |
Capital Square | 27.55 k | $462.91 mm |
Schnieders Capital Management | 27.44 k | $460.96 mm |
Avantax Advisory Services | 21.10 k | $354.42 mm |
Allspring Global Investments | 20.47 k | $343.83 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
18 Jun 24 | George Zweier | Common Stock | Sell | Dispose S | No | No | 17.15 | 14,121 | 242.18 k | 113,840 |
14 May 24 | Ryan Baltimore | Common Stock | Sell | Dispose S | No | No | 17.587 | 5,950 | 104.64 k | 71,096 |
13 May 24 | Ryan Baltimore | Common Stock | Sell | Dispose S | No | No | 17.803 | 300 | 5.34 k | 77,046 |
6 May 24 | David Kalish | Common Stock | Grant | Acquire A | No | No | 0 | 10,544 | 0.00 | 272,215.621 |
6 May 24 | Isaac Kalish | Common Stock | Grant | Acquire A | No | No | 0 | 8,787 | 0.00 | 131,497.491 |
6 May 24 | Israel Rosenzweig | Common Stock | Grant | Acquire A | No | No | 0 | 6,905 | 0.00 | 476,014.898 |