Streetbeat News

NYC

New York City REIT, Inc.

https://www.newyorkcityreit.com

Industry

REIT - Office

New York City REIT, Inc. (NYSE: NYC) is a publicly traded real estate investment trust listed on the NYSE that owns a portfolio of high-quality commercial real estate located within the five boroughs of New York City.

Open

8.32

Mkt cap

23M

Volume

4.5K

High

8.65

P/E Ratio

-0.10

52-wk high

10.91

Low

8.05

Div yield

N/A

52-wk low

5.46

American Strategic Investment Co. (NYSE: NYC) has set December 19, 2024, as the closing date for the sale of its 9 Times Square property for $63.5 million. A $7 million non-refundable deposit has been paid by the buyer.

Portfolio Pulse from

December 10, 2024 | 9:30 pm

American Strategic Investment Co. (NYC) has been upgraded to a Zacks Rank #2 (Buy), indicating positive sentiment towards its earnings prospects, which could lead to a stock price increase.

Portfolio Pulse from

November 22, 2024 | 6:15 pm

American Strategic Investment Co (NYSE:NYC) held its Q3 2024 earnings call on November 12, 2024. Key participants included Curtis Parker, Michael Anderson, and Mike LeSanto. The call was attended by Bryan Myers from B. Riley Securities.

Portfolio Pulse from

November 12, 2024 | 7:00 pm

American Strategic Investment Co. (NYC) reported a Q3 loss of $2.62 per share, matching the Zacks Consensus Estimate, but lagged in revenue estimates. This is an improvement from the $4.10 per share loss a year ago.

Portfolio Pulse from

November 12, 2024 | 1:30 pm

American Strategic (NYSE:NYC) reported Q2 losses of $(2.84) per share, beating the $(2.99) estimate but showing a significant year-over-year decline. Sales were $15.75M, missing the $16.06M estimate and slightly down from last year.