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

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

BSR Real Estate Investment Trust Price Performance

BSRT stock traded down $0.09 during midday trading on Wednesday, reaching $9.79. The company had a trading volume of 56,333 shares, compared to its average volume of 23,620. BSR Real Estate Investment Trust has a 1 year low of $9.79 and a 1 year high of $13.00.

BSR Real Estate Investment Trust Dividend Announcement

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

Wall Street Analyst Weigh In

BSRT has been the subject of several recent analyst reports. Wall Street Zen upgraded BSR Real Estate Investment Trust to a “hold” rating in a research report on Saturday, October 31st. TD Securities upgraded BSR Real Estate Investment Trust to a “strong-buy” rating in a research note on Tuesday, October 20th. Finally, Weiss Ratings initiated coverage on BSR Real Estate Investment Trust in a report on Wednesday, October 21st. They issued a “sell (d+)” rating on the stock. One analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock 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.