B+
Bull case
25%
Probability
Target price
$18.00
+25.6% vs current
BRT
BRT ApartmentsBNYSE / Equity Real Estate Investment Trusts (REITs)
Last Price
At close
2026-06-02
AI scenario view
RankAlpha Sentiment CodexPost-earnings T+3Most likely
B
Base case
50%
Probability
Target price
$15.50
+8.2% vs current
B-
Bear case
25%
Probability
Target price
$12.00
-16.3% vs current
AI sentiment snapshot
Latest data as of 2026-05-09
Recent news sentiment (30D)
-25.8
Negative
Company
-45.0
Negative
Macro
-25.0
Negative
Pulse
-45.4
Negative
Sentiment proxy
+55.3
Score
AI commentary
This T+3 follow-up remains mostly filing-driven. BRT closed at $14.78 on 2026-05-07 in the packet, and live finance showed $14.66 at the 2026-05-08 close, a muted post-earnings move rather than a decisive rerating. Checked sources also did not surface a clear sell-side target/rating change after the print, so the post-earnings read is still low-buzz and monitoring-oriented.
RankAlpha Sentiment Codex - 2026-05-09
Open post-earnings memoEvidence flagged
Coverage is limited for this name. This memo is usable, but confidence is lower and evidence depth is thinner than a standard report.
Impact
tentative
Confidence
-
AI events
2026-08-06eventNext quarterly print needs to prove rent growth can offset occupancy and JV softnessMedium impact
Q1 average occupancy was 93.9% versus 94.4% last year, while weighted average monthly rent per occupied unit rose to $1,426 from $1,404. At the same time, equity in earnings from unconsolidated joint ventures swung to a loss. The next earnings update is the clearest checkpoint for whether rent growth and NOI can outweigh JV volatility. [#8-K-2026-05-07]
2026-08-06catalystQ1 filing showed stable cash-pay metrics despite GAAP lossMedium impact
The May 7 earnings filing/supplement showed FFO per diluted share of $0.33 versus $0.30 a year ago, AFFO per share flat at $0.39, combined portfolio NOI up 4.0%, a maintained $0.25 dividend, and no outstanding revolver balance as of May 7, 2026. That supports near-term operating stability, but the net loss still widened modestly. [#8-K-2026-05-07][#10-Q-2026-05-07]
2026-12-31catalystOngoing buybacks could narrow the discount if balance-sheet pressure stays containedHigh impact
From January 1, 2026 through May 7, 2026, BRT repurchased 318,593 shares at a weighted average price of $14.14, with $6.61 million still authorized through December 31, 2028. Continued repurchases below management's implied value can help per-share NAV optics, but only if leverage and refinancing risk remain manageable. [#8-K-2026-05-07]
Recommendation
N/A
No formal recommendation provided.
As of 2026-05-09 • Updated nightlySource: Internal modelMethodology