Louis Grassi - BRT Realty Independent Director

BRT Stock  USD 18.48  0.04  0.22%   

Director

Mr. Louis C. Grassi is Independent Trustee of the company since 2003 Managing partner of Grassi Co. CPAs, P.C. since 1980 Director of Flushing Financial Corporationration since 1998. Since 1998 and serves as chairman of its audit committee since 2003.
Age 64
Tenure 21 years
Address 60 Cutter Mill Road, Great Neck, NY, United States, 11021-3190
Phone516 466 3100
Webhttps://www.brtapartments.com
Grassi was involved for more than 27 years in accounting and auditing issues. His knowledge of financial and accounting matters and his experience as a director and member of the audit committee of a publicly traded financial institution provides him with the accounting and governance background and the skill needed as the chairman and financial expert of our audit committee.

BRT Realty Management Efficiency

Return On Tangible Assets is likely to drop to 0.01 in 2024. Return On Capital Employed is likely to drop to 0.01 in 2024. At this time, BRT Realty's Non Current Liabilities Total is comparatively stable compared to the past year. Total Current Liabilities is likely to gain to about 27.3 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 358 M in 2024. BRT Realty's management efficiency ratios could be used to measure how well BRT Realty manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 459.57 M in debt with debt to equity (D/E) ratio of 1.35, which is OK given its current industry classification. BRT Realty Trust has a current ratio of 3.12, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist BRT Realty until it has trouble settling it off, either with new capital or with free cash flow. So, BRT Realty's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like BRT Realty Trust sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for BRT to invest in growth at high rates of return. When we think about BRT Realty's use of debt, we should always consider it together with cash and equity.

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BRT is a real estate investment trust that owns, operates and develops multi-family properties. BRT Realty operates under REITResidential classification in the United States and is traded on New York Stock Exchange. It employs 9 people. BRT Realty Trust (BRT) is traded on New York Stock Exchange in USA. It is located in 60 Cutter Mill Road, Great Neck, NY, United States, 11021-3190 and employs 10 people. BRT Realty is listed under Diversified REITs category by Fama And French industry classification.

Management Performance

BRT Realty Trust Leadership Team

Elected by the shareholders, the BRT Realty's board of directors comprises two types of representatives: BRT Realty inside directors who are chosen from within the company, and outside directors, selected externally and held independent of BRT. The board's role is to monitor BRT Realty's management team and ensure that shareholders' interests are well served. BRT Realty's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, BRT Realty's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jeffrey Rubin, Independent Director
Mark Lundy, Senior Vice President, General Counsel
Gary Hurand, Independent Director
Jeffrey Gould, President, Chief Executive Officer, Director
Alan Ginsburg, Independent Director
Carol Cicero, Director
Louis Grassi, Independent Director
Kenneth Bernstein, Independent Trustee
Israel Rosenzweig, Chairman of the Board of Trustees, Senior Vice President
Isaac Kalish, Vice President, Treasurer
Fredric Gould, Director
Matthew Gould, Senior Vice President, Director
Matthew JD, Senior Director
Steven Rosenzweig, Senior Vice President - Legal
George Zweier, Chief Financial Officer, Vice President
Mark JD, Senior Counsel
David Kalish, Senior Vice President - Finance
Elie Weiss, Independent Director
Ryan Baltimore, Chief Operating Officer
Jonathan Simon, Independent Director
Mitchell Gould, Executive Vice President
Simeon Brinberg, Senior Vice President Senior Counsel, Secretary

BRT Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is BRT Realty a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards BRT Realty in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, BRT Realty's short interest history, or implied volatility extrapolated from BRT Realty options trading.

Pair Trading with BRT Realty

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BRT Realty position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BRT Realty will appreciate offsetting losses from the drop in the long position's value.

Moving against BRT Stock

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The ability to find closely correlated positions to BRT Realty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BRT Realty when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BRT Realty - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BRT Realty Trust to buy it.
The correlation of BRT Realty is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BRT Realty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BRT Realty Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BRT Realty can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether BRT Realty Trust is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if BRT Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Brt Realty Trust Stock. Highlighted below are key reports to facilitate an investment decision about Brt Realty Trust Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BRT Realty Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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When running BRT Realty's price analysis, check to measure BRT Realty's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BRT Realty is operating at the current time. Most of BRT Realty's value examination focuses on studying past and present price action to predict the probability of BRT Realty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BRT Realty's price. Additionally, you may evaluate how the addition of BRT Realty to your portfolios can decrease your overall portfolio volatility.
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Is BRT Realty's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BRT Realty. If investors know BRT will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BRT Realty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.70)
Dividend Share
1
Earnings Share
0.16
Revenue Per Share
5.341
Quarterly Revenue Growth
0.035
The market value of BRT Realty Trust is measured differently than its book value, which is the value of BRT that is recorded on the company's balance sheet. Investors also form their own opinion of BRT Realty's value that differs from its market value or its book value, called intrinsic value, which is BRT Realty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BRT Realty's market value can be influenced by many factors that don't directly affect BRT Realty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BRT Realty's value and its price as these two are different measures arrived at by different means. Investors typically determine if BRT Realty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BRT Realty's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.