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

8.69

Mkt cap

24M

Volume

4.8K

High

9.28

P/E Ratio

-0.10

52-wk high

10.91

Low

8.62

Div yield

N/A

52-wk low

5.46

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.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 10:22 am

Insiders have made significant purchases in Adverum Biotechnologies, Appian Corporation, and American Strategic Investment Co., indicating confidence in these companies' prospects. Notable trades include $1.79 million in Adverum, $10.6 million in Appian, and $1.38 million in American Strategic Investment.

Portfolio Pulse from Avi Kapoor

July 19, 2024 | 5:17 pm

Bellevue Capital Partners has increased its tender offer price for shares of American Strategic Investment Co. (NYSE:NYC) from $10.25 to $11.00 per share. The offer will close on July 5, 2024.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 8:18 pm

American Strategic Investment Co. has agreed to a term sheet to sell its 9 Times Square Midtown Manhattan property for $63.5 million.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 10:01 am

American Strategic Investment shares are trading higher after Bellevue Capital Partners announced an increase in its purchase price for its previously announced tender offer for shares of the company.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 4:37 pm

Bellevue has increased the purchase price of its tender offer to buy up to 125,000 shares of American Strategic Investment Common Stock from $9.25 to $10.25 per share. The tender offer will close on July 5, 2024.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 8:18 pm

American Strategic (NYSE:NYC) reported a Q1 2024 GAAP EPS of $(3.28), improving from $(5.77) YoY. However, its sales of $15.481M missed the $15.782M estimate, marking a slight decrease from last year's $15.534M.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 1:37 pm

Beyond, Inc. (NYSE:BYON) shares plummeted over 20% due to disappointing quarterly results, missing both earnings and revenue estimates. Other stocks experienced significant movements, with companies like Golden Sun Health Technology Group Limited (NASDAQ:GSUN) and MMTec, Inc. (NASDAQ:MTC) seeing substantial gains. The article also highlights losers of the day, including Holdco Nuvo Group D.G Ltd (NASDAQ:NUVO) and The Real Good Food Company, Inc. (NASDAQ:RGF), which saw notable declines.

Portfolio Pulse from Avi Kapoor

May 07, 2024 | 6:35 pm

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