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

10.00

Mkt cap

27M

Volume

149

High

10.21

P/E Ratio

-0.11

52-wk high

12.52

Low

9.80

Div yield

N/A

52-wk low

5.46

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

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

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.