News articles about BRT Realty Trust (NYSE:BRT) have been trending somewhat positive recently, according to Accern Sentiment. The research group rates the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. BRT Realty Trust earned a media sentiment score of 0.21 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 44.8208098991263 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news articles that may have effected Accern Sentiment’s rankings:
- Financial Comparison: BRT Realty Trust (BRT) and Its Peers (americanbankingnews.com)
- It’s a seller’s market for owners of multifamily properties (bizjournals.com)
- Reviewing BRT Realty Trust (BRT) and Its Peers (americanbankingnews.com)
- Zacks: BRT Realty Trust (BRT) Receives Average Recommendation of “Buy” from Analysts (americanbankingnews.com)
BRT Realty Trust (NYSE BRT) opened at $10.07 on Tuesday. BRT Realty Trust has a 1-year low of $7.36 and a 1-year high of $11.01. The company has a market cap of $140.95, a price-to-earnings ratio of 15.23 and a beta of 0.19. The company has a current ratio of 2.50, a quick ratio of 2.50 and a debt-to-equity ratio of 3.11.
BRT Realty Trust announced that its Board of Directors has approved a share repurchase plan on Tuesday, September 12th that permits the company to repurchase $5.00 million in shares. This repurchase authorization permits the financial services provider to buy up to 3.6% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s board of directors believes its stock is undervalued.
A number of equities analysts have recently issued reports on BRT shares. TheStreet upgraded shares of BRT Realty Trust from a “d+” rating to a “c-” rating in a research report on Tuesday, September 26th. B. Riley reissued a “buy” rating on shares of BRT Realty Trust in a research note on Wednesday, November 1st. Janney Montgomery Scott assumed coverage on shares of BRT Realty Trust in a research note on Friday, September 29th. They set a “neutral” rating and a $10.50 price target for the company. Finally, FBR & Co assumed coverage on shares of BRT Realty Trust in a research note on Thursday, October 26th. They issued a “buy” rating and a $11.75 target price for the company.
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BRT Realty Trust Company Profile
BRT Apartments Corp. is a real estate investment trust (REIT). The Trust is focused on the ownership, operation and development of multi-family properties. These activities are primarily conducted through joint ventures in which the Trust has an equity interest in the entity owning the property. The Trust’s segments include Multi-Family Real Estate and Other Assets.
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