BRT Apartments (BRT)

Company Profile

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.

Company profile

Ticker

BRT

Exchange

NYSE

Website

brtrealty.com

CEO

Jeffrey A. Gould

Incorporated

New York

Location

New York

Fiscal year end

Dec 31

Sector

Finance and Insurance > Trusts, Estates, and Agency Accounts

Industry (SIC)

Real Estate Investment Trusts

Starwood Property Trust • Annaly Capital Management • AGNC Investment • ARMOUR Residential REIT • Equity Residential Properties Trust • VEREIT • Invesco Mortgage Capital • Welltower • Vornado Realty • Vornado Realty Trust ...

Former names

BRT REALTY TRUST, BRT Realty Trust

SEC CIK

0000014846

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

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

1M 1Y 5Y

Latest filings (excl ownership)

View all

8-K

Entry into a Material Definitive Agreement

7 Aug 23

BRT Apartments Corp. Reports Second Quarter 2023 Results

7 Aug 23

8-K

Departure of Directors or Certain Officers

Entry into a Material Definitive Agreement

12 May 23

424B5

Prospectus supplement for primary offering

8 May 23

BRT Apartments Corp. Reports First Quarter 2023 Results

8 May 23

Transcripts

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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

BRT

Earnings call transcript

2021 Q3

9 Nov 21

BRT

Earnings call transcript

2021 Q2

6 Aug 21

BRT

Earnings call transcript

2021 Q1

7 May 21

Latest ownership filings

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Notice of proposed sale of securities

Financial summary

Financial statements Chart BRT financial data

Quarter (USD)	Jun 23	Mar 23	Dec 22	Sep 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
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)	32.17 mm	32.17 mm	32.17 mm	32.17 mm	32.17 mm	32.17 mm
Cash burn (monthly)	(no burn)	2.47 mm	1.38 mm	1.54 mm	(no burn)	(no burn)
Cash used (since last report)	n/a	7.07 mm	3.94 mm	4.41 mm	n/a	n/a
Cash remaining	n/a	25.10 mm	28.23 mm	27.76 mm	n/a	n/a
Runway (months of cash)	n/a	10.2	20.5	18.0	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q2 2023

BRT institutional ownership history Ownership history

28.7% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	86	86	–
Opened positions	9	8	+12.5%
Closed positions	9	22	-59.1%
Increased positions	34	33	+3.0%
Reduced positions	28	25	+12.0%

13F shares	Current	Prev Q	Change
Total value	94.12 bn	95.82 bn	-1.8%
Total shares	5.42 mm	5.75 mm	-5.7%
Total puts	14.20 k	15.50 k	-8.4%
Total calls	39.00 k	33.10 k	+17.8%
Total put/call ratio	0.4	0.5	-22.2%

Largest owners	Shares	Value	Change
BLK Blackrock	986.85 k	$19.54 bn	+5.6%
Vanguard	598.17 k	$11.84 bn	-8.7%
Renaissance Technologies	457.29 k	$9.05 mm	-13.4%
Oppenheimer & Close	336.49 k	$6.66 bn	-0.1%
State of New Jersey Common Pension Fund D	257.50 k	$5.10 bn	+40.0%
Geode Capital Management	246.76 k	$4.89 bn	+6.6%
STT State Street	230.81 k	$4.63 bn	+0.3%
Boston Partners	165.81 k	$3.28 bn	-5.5%
Relative Value Partners	152.43 k	$3.02 bn	-4.9%
NTRS Northern Trust	125.11 k	$2.48 bn	+0.2%

Largest transactions	Shares	Bought/sold	Change
T. Rowe Price Investment Management	0.00	-311.28 k	EXIT
Avantax Advisory Services	59.46 k	-223.32 k	-79.0%
Bard Associates	122.09 k	+122.09 k	NEW
State of New Jersey Common Pension Fund D	257.50 k	+73.56 k	+40.0%
Renaissance Technologies	457.29 k	-70.90 k	-13.4%
Millennium Management	64.93 k	+64.93 k	NEW
PRU Prudential Financial	59.82 k	+59.82 k	NEW
Vanguard	598.17 k	-56.75 k	-8.7%
BLK Blackrock	986.85 k	+52.42 k	+5.6%
Allspring Global Investments	9.73 k	-30.64 k	-75.9%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

BRT insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
21 Jul 23	Isaac Kalish	Common Stock	Gift	Acquire G	Yes	No	0	135.005	0.00	135.005
22 Jun 23	Mitchell Gould	Common Stock	Sell	Dispose S	No	No	20.15	50,000	1.01 mm	148,262
10 May 23	Investors L P Gould	Common Stock	Buy	Acquire P	No	No	16.99	2,000	33.98 k	3,417,820.083
10 May 23	Investors L P Gould	Common Stock	Buy	Acquire P	No	No	16.97	800	13.58 k	3,415,820.083
10 May 23	Investors L P Gould	Common Stock	Buy	Acquire P	No	No	16.8	1,184	19.89 k	3,415,020.083
10 May 23	Jeffrey Gould	Common Stock	Buy	Acquire P	Yes	No	16.99	2,000	33.98 k	3,417,820.083
10 May 23	Jeffrey Gould	Common Stock	Buy	Acquire P	Yes	No	16.97	800	13.58 k	3,415,820.083
10 May 23	Jeffrey Gould	Common Stock	Buy	Acquire P	Yes	No	16.8	1,184	19.89 k	3,415,020.083
10 May 23	Gould Matthew J	Common Stock	Buy	Acquire P	Yes	No	16.99	2,000	33.98 k	3,417,820.083
10 May 23	Gould Matthew J	Common Stock	Buy	Acquire P	Yes	No	16.97	800	13.58 k	3,415,820.083