BSR Real Estate Investment Trust (NYSE:BSRT) Issues Earnings Results

BSR Real Estate Investment Trust (NYSE:BSRT) announced its earnings results on Wednesday. The company reported $0.19 earnings per share for the quarter, Zacks reports.

BSR Real Estate Investment Trust Stock Down 0.9%

BSR Real Estate Investment Trust stock traded down $0.09 during mid-day trading on Wednesday, reaching $9.79. The company’s stock had a trading volume of 56,333 shares, compared to its average volume of 23,617. BSR Real Estate Investment Trust has a twelve month low of $9.79 and a twelve month high of $13.00.

BSR Real Estate Investment Trust Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Monday, November 16th. Shareholders of record on Friday, October 30th will be issued a $0.0467 dividend. The ex-dividend date of this dividend is Friday, October 30th.

Analyst Ratings Changes

BSRT has been the topic of a number of analyst reports. TD Securities raised BSR Real Estate Investment Trust to a “strong-buy” rating in a research report on Tuesday, October 20th. Wall Street Zen raised BSR Real Estate Investment Trust to a “hold” rating in a report on Saturday, October 31st. Finally, Weiss Ratings began coverage on BSR Real Estate Investment Trust in a research note on Wednesday, October 21st. They set a “sell (d+)” rating for the company. One analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

About BSR Real Estate Investment Trust

BSR Real Estate Investment Trust is a residential real estate company focused on owning and operating multifamily apartment communities in the U.S. Sunbelt. Its properties provide rental housing and related amenities to residents. The trust’s portfolio was concentrated in Texas, Oklahoma and Arkansas, with a focus on apartment communities in growing regional markets. BSR became publicly traded in 2018. Harbor Group International completed its acquisition of BSR in 2024, after which BSR’s units were no longer publicly traded.