Negative EPS but steady revenue projections indicate financial challenges alongside consistent income streams.
Valuation ratios reveal investor confidence in BRT’s revenue-generating capabilities despite negative earnings.
Financial health metrics suggest good short-term liquidity and a commitment to shareholder value through dividends and stock repurchases.
BRT Apartments Corp. (NYSE:BRT) is a real estate investment trust (REIT) that focuses on owning and operating multi-family properties. The company also engages in preferred equity investments in joint ventures. As of the end of 2024, BRT holds interests in 29 multi-family properties with 7,947 units across 11 states, along with preferred equity investments in two additional properties.
On March 18, 2025, BRT is set to release its quarterly earnings. Wall Street estimates the earnings per share (EPS) to be -$0.12, reflecting the company’s current financial challenges. Despite this, BRT’s revenue for the period is projected to be approximately $24.65 million, indicating steady income from its property operations.
BRT’s financial metrics reveal a complex picture. The company has a negative price-to-earnings (P/E) ratio of -32.25, highlighting its current negative earnings. However, the price-to-sales ratio of 3.51 suggests that investors are willing to pay $3.51 for every dollar of sales, indicating some confidence in the company’s revenue-generating capabilities.
The enterprise value to sales ratio is 8.29, showing how the market values BRT relative to its sales. Additionally, the enterprise value to operating cash flow ratio is 32.75, indicating the amount investors are willing to pay for each dollar of cash flow from operations. These figures suggest that while BRT faces earnings challenges, its cash flow and sales are valued by investors.
BRT’s financial health is further illustrated by its debt-to-equity ratio of 2.36, indicating more than twice as much debt as equity. However, the current ratio of 1.96 suggests good short-term financial health, as BRT has nearly twice as many current assets as current liabilities. The company also announced a quarterly dividend of $0.25 per share, payable on April 4, 2025, and an extension of its stock repurchase program, reflecting its commitment to returning value to shareholders.
