BRT Apartments Corp. declares a $0.25 dividend and announces new CFO and CAO appointments effective soon.
Quiver AI Summary
BRT Apartments Corp. announced a quarterly dividend of $0.25 per share, payable on October 6, 2025, to stockholders of record as of September 24, 2025. The company also appointed Matthew Gibbons as chief accounting officer and Isaac Kalish as chief financial officer, with Gibbons taking on his role immediately, and Kalish set to start upon the anticipated retirement of the current CFO, George Zweier, in the first quarter of 2026. Both Gibbons and Kalish are certified public accountants and have been with BRT since 2025 and 2004, respectively. BRT is a real estate investment trust focused on owning and operating multi-family properties across 11 states, currently managing 30 properties with a total of 8,161 units.
Potential Positives
- The declaration of a quarterly dividend of $0.25 per share demonstrates financial stability and a commitment to return value to shareholders.
- The appointments of Matthew Gibbons as chief accounting officer and Isaac Kalish as chief financial officer signal strategic governance and leadership continuity within the company.
- The company’s ownership of 30 multi-family properties with 8,161 units across 11 states indicates a strong portfolio and significant market presence in the real estate investment sector.
Potential Negatives
- The announcement of new executive appointments may signal possible instability or uncertainty in leadership, especially with the retirement of the current CFO upcoming in 2026.
- The declaration of a relatively low quarterly dividend of $0.25 per share might indicate financial challenges or lower earnings expectations, impacting investor confidence.
- The timing of the executive transitions may raise concerns regarding the continuity of financial strategy and management during a critical period of adjustment.
FAQ
What is the declared dividend for BRT Apartments Corp.?
BRT Apartments Corp. declared a quarterly dividend of $0.25 per share.
When is the dividend payable to stockholders?
The dividend is payable on October 6, 2025, to stockholders of record on September 24, 2025.
Who were appointed as the new CFO and CAO?
Matthew Gibbons is appointed as Chief Accounting Officer, and Isaac Kalish is appointed as Chief Financial Officer.
When will Isaac Kalish officially take over as CFO?
Isaac Kalish's appointment as CFO will be effective upon the retirement of George Zweier in early 2026.
How many multi-family properties does BRT own?
BRT owns or has interests in 30 multi-family properties with a total of 8,161 units across 11 states.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$BRT Insider Trading Activity
$BRT insiders have traded $BRT stock on the open market 53 times in the past 6 months. Of those trades, 51 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $BRT stock by insiders over the last 6 months:
- JEFFREY GOULD (PRESIDENT AND CEO) has made 17 purchases buying 85,012 shares for an estimated $1,320,608 and 0 sales.
- INVESTORS L P GOULD has made 17 purchases buying 85,012 shares for an estimated $1,318,458 and 0 sales.
- MATTHEW J GOULD (SENIOR VICE PRESIDENT) has made 17 purchases buying 85,012 shares for an estimated $1,318,458 and 0 sales.
- GEORGE ZWEIER (VICE PRESIDENT - CFO) has made 0 purchases and 2 sales selling 5,699 shares for an estimated $102,849.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$BRT Hedge Fund Activity
We have seen 32 institutional investors add shares of $BRT stock to their portfolio, and 43 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PERMANENS CAPITAL L.P. added 142,540 shares (+611.5%) to their portfolio in Q2 2025, for an estimated $2,229,325
- ALBERT D MASON INC removed 70,397 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $1,101,009
- ADVISOR RESOURCE COUNCIL removed 61,173 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $956,745
- RAYMOND JAMES FINANCIAL INC removed 33,853 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $529,460
- BLACKROCK, INC. removed 30,084 shares (-2.8%) from their portfolio in Q2 2025, for an estimated $470,513
- CITADEL ADVISORS LLC added 26,017 shares (+84.0%) to their portfolio in Q2 2025, for an estimated $406,905
- GOLDMAN SACHS GROUP INC removed 23,332 shares (-62.6%) from their portfolio in Q2 2025, for an estimated $364,912
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$BRT Analyst Ratings
Wall Street analysts have issued reports on $BRT in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- B. Riley Securities issued a "Buy" rating on 03/27/2025
To track analyst ratings and price targets for $BRT, check out Quiver Quantitative's $BRT forecast page.
Full Release
GREAT NECK, New York, Sept. 11, 2025 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP. (NYSE: BRT) announced today that its Board of Directors declared a quarterly dividend of $0.25 per share. The dividend is payable October 6, 2025, to stockholders of record at the close of business on September 24, 2025.
Additionally, the Company announces the appointment of Matthew Gibbons and Isaac Kalish as chief accounting officer and chief financial officer, respectively. Mr. Gibbons' appointment is effective immediately, and Mr. Kalish’s appointment is effective upon the retirement of BRT’s current Chief Financial Officer, George Zweier, which the Company anticipates will take place in the first quarter of 2026. Matthew Gibbons and Isaac Kalish are both certified public accountants and have been associated with BRT since 2025 and 2004, respectively.
BRT is a real estate investment trust that owns, operates and, to a lesser extent, holds interests in joint ventures that own multi-family properties. As of September 11, 2025, BRT owns or has interests in 30 multi-family properties with 8,161 units in 11 states and has preferred equity investments in two multi-family properties. For additional information on BRT’s operations, activities and properties, please visit its website at www.brtapartments.com .
Contact:
BRT APARTMENTS CORP.
60 Cutter Mill Road
Suite 303
Great Neck, New York 11021
Telephone: (516) 466-3100
Email:
[email protected]
www.BRTapartments.com
