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New York City REIT (NYC) Company Overview

Profile

Full Name:

American Strategic Investment Co.

Industry:

Services

Country:

United States

IPO:

August 18, 2020

Indexes:

Not included

Description:

New York City REIT is a real estate investment trust focused on acquiring and managing commercial properties in New York City. The company aims to provide investors with exposure to the city's dynamic real estate market, emphasizing high-quality assets and potential for long-term growth.

Key Details

Price

$8.01

Annual Revenue

$62.71 M(-2.02% YoY)

Annual EPS

-$47.57(-78.90% YoY)

Annual ROE

-38.77%

Beta

0.68

Events Calendar

Earnings

Next earnings date:

Apr 1, 2025

Recent quarterly earnings:

Nov 12, 2024

Recent annual earnings:

Apr 1, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Apr 8, 2022
Splits

Next split:

N/A

Recent split:

Jan 12, 2023

Analyst ratings

Recent major analysts updates

Aug 18, 23 B. Riley Securities
Neutral

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NineDot Energy Announces $65 Million Equipment Financing
NineDot Energy Announces $65 Million Equipment Financing
NineDot Energy Announces $65 Million Equipment Financing
NYC
businesswire.comJanuary 22, 2025

NEW YORK--(BUSINESS WIRE)-- #batterystorage--NineDot Energy®, the leading developer of community-scale battery energy storage systems (BESS) in the New York City metro area, today announced the closing of a $65 million equipment financing transaction led by First Citizens Bank, a leader in renewable energy finance. This financing supports the purchase of nearly 100 Megawatts (MW) / 400 Megawatt hours (MWh) of batteries for use in up to 20 battery storage projects across the New York City metro area. “NineDot has.

American Strategic Investment Co. Sets Closing Date for 9 Times Square Sale
American Strategic Investment Co. Sets Closing Date for 9 Times Square Sale
American Strategic Investment Co. Sets Closing Date for 9 Times Square Sale
NYC
businesswire.comDecember 10, 2024

NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“ASIC” or the “Company”) announced today that December 19, 2024, has been set as the closing date for the sale of its 9 Times Square Midtown Manhattan property (“9 Times Square”) for a contract sales price of $63.5 million. Additionally, in connection with this transaction, the buyer has paid a $7 million non-refundable deposit with respect to the sales price. The Company previously announced that it had secured an amendm.

All You Need to Know About American Strategic Investment Co. (NYC) Rating Upgrade to Buy
All You Need to Know About American Strategic Investment Co. (NYC) Rating Upgrade to Buy
All You Need to Know About American Strategic Investment Co. (NYC) Rating Upgrade to Buy
NYC
zacks.comNovember 22, 2024

American Strategic Investment Co. (NYC) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

American Strategic Investment Co (NYC) Q3 2024 Earnings Call Transcript
American Strategic Investment Co (NYC) Q3 2024 Earnings Call Transcript
American Strategic Investment Co (NYC) Q3 2024 Earnings Call Transcript
NYC
seekingalpha.comNovember 12, 2024

American Strategic Investment Co (NYSE:NYC ) Q3 2024 Results Conference Call November 12, 2024 11:00 AM ET Company Participants Curtis Parker - Senior Vice President Michael Anderson - Chief Executive Officer Mike LeSanto - Chief Financial Officer Conference Call Participants Bryan Myers - B. Riley Securities Operator Good morning, and welcome to the American Strategic Investment Company Third Quarter Earnings Call.

American Strategic Investment Co. Announces Release Date for Third Quarter Results
American Strategic Investment Co. Announces Release Date for Third Quarter Results
American Strategic Investment Co. Announces Release Date for Third Quarter Results
NYC
businesswire.comOctober 25, 2024

NEW YORK--(BUSINESS WIRE)--AMERICAN STRATEGIC INVESTMENT CO. ANNOUNCES RELEASE DATE FOR THIRD QUARTER RESULTS.

American Strategic Investment Co. (NYC) Q2 2024 Earnings Call Transcript
American Strategic Investment Co. (NYC) Q2 2024 Earnings Call Transcript
American Strategic Investment Co. (NYC) Q2 2024 Earnings Call Transcript
NYC
seekingalpha.comAugust 10, 2024

American Strategic Investment Co. (NYSE:NYC ) Q2 2024 Earnings Conference Call August 9, 2024 11:00 AM ET Company Participants Curtis Parker - Senior Vice President Michael Anderson - Chief Executive Officer Mike LeSanto - Chief Financial Officer Conference Call Participants Bryan Myers - B. Riley Securities Operator Good morning and welcome to the American Strategic Investment Company's Second Quarter Earnings call.

American Strategic Investment Co. (NYC) Reports Q2 Loss, Lags Revenue Estimates
American Strategic Investment Co. (NYC) Reports Q2 Loss, Lags Revenue Estimates
American Strategic Investment Co. (NYC) Reports Q2 Loss, Lags Revenue Estimates
NYC
zacks.comAugust 9, 2024

American Strategic Investment Co. (NYC) came out with a quarterly loss of $2.84 per share versus the Zacks Consensus Estimate of a loss of $2.99. This compares to loss of $4.77 per share a year ago.

Verizon announces early results of its private exchange offers for 10 series of notes and extension of early participation date
Verizon announces early results of its private exchange offers for 10 series of notes and extension of early participation date
Verizon announces early results of its private exchange offers for 10 series of notes and extension of early participation date
NYC
globenewswire.comAugust 5, 2024

NEW YORK, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Verizon Communications Inc. (“Verizon”) (NYSE, NASDAQ: VZ) today announced (i) the early participation results, as of 5:00 p.m. (New York City time) on August 2, 2024 (the “Original Early Participation Date”), of its previously announced private offers to exchange the 10 outstanding series of notes listed in the table below and maturing from 2025 through 2028 (collectively, the “Old Notes”), in each case, for newly issued notes of Verizon due 2035 (the “New Notes”) (the “Exchange Offers”), on the terms and subject to the conditions set forth in an offering memorandum dated July 22, 2024 (the “Offering Memorandum”), as amended by Verizon's press release dated July 30, 2024 and (ii) that, with respect to the Exchange Offers, the date and time by which Eligible Holders (as defined below) must validly tender their Old Notes to receive the applicable Total Exchange Price (as defined in the Offering Memorandum), which includes the Early Participation Payment (as defined in the Offering Memorandum), has been extended to 5:00 p.m. (New York City time) on August 19, 2024 (such date and time with respect to an Exchange Offer, the “Extended Early Participation Date”). Accordingly, the Extended Early Participation Date will occur at the same time the Exchange Offers are scheduled to expire. Except as described in this press release, the terms and conditions of the Exchange Offers remain unchanged. The Offering Memorandum and the accompanying eligibility letter for the Exchange Offers constitute the “Exchange Offer Documents”.

American Strategic Investment Co. Enters Into Letter of Intent to Sell 9 Times Square for $63.5 Million
American Strategic Investment Co. Enters Into Letter of Intent to Sell 9 Times Square for $63.5 Million
American Strategic Investment Co. Enters Into Letter of Intent to Sell 9 Times Square for $63.5 Million
NYC
businesswire.comJune 26, 2024

NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“ASIC” or the “Company”) announced today that it has agreed to a term sheet to sell its 9 Times Square Midtown Manhattan property (“9 Times Square”) for $63.5 million. It is expected that the closing of the transaction will occur within 120 days of the execution of a definitive purchase and sale agreement between the parties. The Company previously announced that it had secured an amendment of the loan on 9 Times Square,.

SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger and Tender Offer Expiring on July 5, 2024, for American Strategic Investment Company - NYC
SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger and Tender Offer Expiring on July 5, 2024, for American Strategic Investment Company - NYC
SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger and Tender Offer Expiring on July 5, 2024, for American Strategic Investment Company - NYC
NYC
prnewswire.comJune 4, 2024

NEW YORK , June 4, 2024 /PRNewswire/ --  Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating American Strategic Investment Company (NYSE: NYC), relating to a tender offer from Bellevue Capital Partners, LLC.

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FAQ

  • What is the ticker symbol for New York City REIT?
  • Does New York City REIT pay dividends?
  • What sector is New York City REIT in?
  • What industry is New York City REIT in?
  • What country is New York City REIT based in?
  • When did New York City REIT go public?
  • Is New York City REIT in the S&P 500?
  • Is New York City REIT in the NASDAQ 100?
  • Is New York City REIT in the Dow Jones?
  • When was New York City REIT's last earnings report?
  • When does New York City REIT report earnings?
  • Should I buy New York City REIT stock now?

What is the ticker symbol for New York City REIT?

The ticker symbol for New York City REIT is NYSE:NYC

Does New York City REIT pay dividends?

No, New York City REIT does not pay dividends

What sector is New York City REIT in?

New York City REIT is in the Real Estate sector

What industry is New York City REIT in?

New York City REIT is in the Services industry

What country is New York City REIT based in?

New York City REIT is headquartered in United States

When did New York City REIT go public?

New York City REIT's initial public offering (IPO) was on August 18, 2020

Is New York City REIT in the S&P 500?

No, New York City REIT is not included in the S&P 500 index

Is New York City REIT in the NASDAQ 100?

No, New York City REIT is not included in the NASDAQ 100 index

Is New York City REIT in the Dow Jones?

No, New York City REIT is not included in the Dow Jones index

When was New York City REIT's last earnings report?

New York City REIT's most recent earnings report was on Nov 12, 2024

When does New York City REIT report earnings?

The next expected earnings date for New York City REIT is Apr 1, 2025

Should I buy New York City REIT stock now?

As of today, analysts generally recommend a 'Hold' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions