REITResearch

BRT Apartments Corp. BRT

Listed / Traded Residential NYSE Mgmt:

BRT, a Real Estate Investment Trust (REIT), specializes in multi-family housing. Its activities span the entire property lifecycle, from acquiring and managing existing residential complexes to developing new ones.

Snapshot

Price
$14.71
Market cap
$276.88M
Enterprise value
$755.27M
Dividend yieldi
6.80%
Annual dividendi
$1.00
Frequency
Quarterly
FFO / sharei
Not reported (common for mortgage REITs)
AFFO / sharei
Not reported in latest 8-K
Net debt / EBITDAi
12.47x · GAAP est.
Op. cash flow / sharei
$0.78
Price / OCFi
18.79
Payout (% of OCF)i
127.74%
Debt / book capitali
74.99%
Premium / disc. to NAVi
No free consensus-NAV source
Credit ratingi
No free ratings feed

Reported FFO / AFFO / leverage are from the None earnings release (filed 2026-06-10) — 8-K, EX-99.1.

Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.

Dividends

Ex-dateRecordPaymentDeclaredAmountFreq.
2026-06-252026-06-252026-07-09 2026-06-10$0.25Quarterly
2026-03-272026-03-272026-04-06 2026-03-11$0.25Quarterly
2025-12-222025-12-222026-01-06 2025-12-10$0.25Quarterly
2025-09-242025-09-242025-10-06 2025-09-11$0.25Quarterly
2025-06-252025-06-252025-07-09 2025-06-04$0.25Quarterly
2025-03-272025-03-272025-04-04 2025-03-11$0.25Quarterly
2024-12-232024-12-232025-01-06 2024-12-11$0.25Quarterly
2024-09-242024-09-242024-10-02 2024-09-10$0.25Quarterly
2024-06-252024-06-252024-07-09 2024-06-11$0.25Quarterly
2024-03-262024-03-272024-04-04 2024-03-11$0.25Quarterly
2023-12-192023-12-202024-01-05 2023-12-04$0.25Quarterly
2023-10-022023-10-032023-10-11 2023-09-21$0.25Quarterly
2023-06-232023-06-262023-07-06 2023-06-14$0.25Quarterly
2023-03-242023-03-272023-04-04 2023-03-14$0.25Quarterly
2022-12-192022-12-202023-01-05 2022-12-06$0.25Quarterly
2022-09-262022-09-272022-10-07 2022-09-14$0.25Quarterly
2022-06-292022-06-302022-07-08 2022-06-08$0.25Quarterly
2022-03-232022-03-242022-04-07 2022-03-09$0.23Quarterly
2021-12-172021-12-202022-01-05 2021-12-08$0.23Quarterly
2021-09-232021-09-242021-10-07 2021-09-13$0.23Quarterly
2021-06-242021-06-252021-07-09 2021-06-09$0.22Quarterly
2021-03-232021-03-242021-04-07 2021-03-11$0.22Quarterly
2020-12-162020-12-172021-01-07 2020-12-01$0.22Quarterly
2020-09-242020-09-252020-10-12 2020-09-08$0.22Quarterly

Coverage (payout of operating cash flow): 127.74%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).

Balance sheet (latest FY: 2025)

Total debt
$508.27M
Cash
$25.14M
Net debt / EBITDAi
12.47x
Debt / book capitali
74.99%
Total assets
$709.81M
Total equity
$177.24M

Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.

Financial history

FYRevenueNet incomeD&A EBITDAOp. cash flow
2025 $97.03M $-11.95M $26.40M $38.30M $14.10M
2024 $95.63M $-9.79M $25.93M $38.66M $24.14M
2023 $93.62M $3.87M $28.48M $54.71M $19.61M
2022 $70.53M $49.95M $24.81M $91.25M $15.03M
2021 $32.06M $29.11M $8.03M $44.24M $-529.00K
2020 $28.10M $-19.86M $6.74M $-5.64M $-1.75M

Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.