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

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

American Strategic Investment Co. (NYSE:NYC), also known as ASIC, announced a new lease agreement for 8,000 square feet in the first quarter, increasing its portfolio occupancy to 87.2%. The company also highlighted a leasing pipeline of approximately 14,000 square feet.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 10:28 am

American Strategic (NYSE:NYC) reported a significant miss in both earnings and sales for Q4. Earnings per share (EPS) were $(0.52), missing estimates by 642.86% and marking a 372.73% decrease from the previous year. Sales were $15.38M, missing estimates by 6.96% and showing a 5.04% decrease from the previous year.

Portfolio Pulse from dijoy@benzinga.com

April 01, 2024 | 8:52 pm

Numerous companies are scheduled to report their quarterly earnings on April 1, 2024, with a mix of projected profits and losses across various sectors. Notable mentions include Mach Natural Resources with expected earnings of $0.92 per share, Sigma Lithium with $0.18 per share, and PVH Corp with a significant $3.53 per share. Conversely, companies like Enservco and Nano X Imaging are anticipating losses. This diverse earnings landscape provides a broad view of the financial health across different industries.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 9:13 am

American Strategic (NYSE:NYC) reported Q3 core FFO of $(0.48) per share, a 57.14% increase YoY. However, the company's quarterly sales of $16.02M missed the analyst consensus estimate of $16.39M by 2.29%.

Portfolio Pulse from totan@benzinga.com

November 09, 2023 | 11:01 am

Insiders at Barnes Group Inc (B), Mobileye Global Inc (MBLY), American Strategic Investment Co. (NYC), and Donegal Group Inc (DGICA) have recently made notable purchases of their companies' stocks. Barnes Group's CEO acquired 125,000 shares, Mobileye Global's Director bought 27,819 shares, American Strategic Investment's 10% owner purchased 223,460 shares, and Donegal Group's 10% owner bought 13,545 shares.

Portfolio Pulse from Lisa Levin

November 03, 2023 | 11:11 am

American Strategic Investment has completed the sale of its property at 421 W. 54th Street, also known as The Hit Factory, for $4.5 million.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 10:10 am

American Strategic Investment Co. (ASIC) has filed a Solicitation/Recommendation Statement with the SEC regarding Bellevue Capital Partners' tender offer to purchase up to 350,000 shares of ASIC's Class A common stock at $10.25 per share. ASIC's board has not made a recommendation on the offer and urges stockholders to make their own decision.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 10:17 am

Benzinga's Stock Whisper Index has highlighted five stocks that are currently under the radar but warrant attention. These include Biohaven Ltd, a subsidiary of Pfizer, which saw shares soar after releasing an updated investor presentation and sharing an update on one of its key clinical programs. Nikola Corporation, an electric and hydrogen vehicle company, has seen increased attention from investors after announcing new executives and a deal with ITD Industries. ShiftPixy Inc announced a reverse stock split, causing shares to soar. MillerKnoll Inc made headlines earlier this year when its CEO criticized employees over concerns about bonuses. American Strategic Investment Co saw shares climb after Bellevue Capital Partners launched a tender offer to buy up to 350,000 shares of the company.

Portfolio Pulse from Chris Katje

September 29, 2023 | 1:59 pm

Several stocks experienced significant movement in Wednesday's mid-day session. ShiftPixy, Inc. (NASDAQ:PIXY) shares jumped 152.8% after announcing the effective date for its reverse stock split. SciSparc Ltd. (NASDAQ:SPRC) gained 120.9% as it reported its 1-for-26 reverse share split is expected to be implemented after market close. Rite Aid Corporation (NYSE:RAD) climbed 44% following a substantial settlement agreement of $230 million by consulting firm McKinsey & Company related to opioid addiction lawsuits. On the other hand, Sharps Technology, Inc. (NASDAQ:STSS) fell 31.6% after reporting a $5.6 million registered direct and private placement priced at the market under Nasdaq rules.

Portfolio Pulse from Lisa Levin

September 27, 2023 | 4:48 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.