New York REIT Company Profile (NYSE:NYRT)

About New York REIT (NYSE:NYRT)

New York REIT logoNew York REIT, Inc. is a real estate investment trust. The Company owns a portfolio of commercial real estate. The Company's business is primarily conducted through New York Recovery Operating Partnership, L.P. As of December 31, 2016, the Company owned 19 properties, which aggregated 3.3 million rentable square feet. The Company holds interests in properties of various types, such as office, retail, hotel, parking and storage. The Company's properties include Design Center, 416 Washington Street, 50 Varick Street, 1440 Broadway, One Worldwide Plaza, 256 West 38th Street, 229 West 36th Street, 333 West 34th Street, 367-387 Bleecker Street, 33 West 56th Street (garage) and 350 West 42nd Street.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Commercial REITs - NEC
  • Sub-Industry: N/A
  • Symbol: NYSE:NYRT
  • CUSIP: N/A
  • Web: www.nyrt.com
Capitalization:
  • Market Cap: $1.45 billion
  • Outstanding Shares: 166,797,000
Average Prices:
  • 50 Day Moving Avg: $8.63
  • 200 Day Moving Avg: $9.35
  • 52 Week Range: $8.51 - $10.15
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 24.08
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $174.99 million
  • Price / Sales: 8.26
  • Book Value: $5.58 per share
  • Price / Book: 1.55
Profitability:
  • EBIDTA: $52.35 million
  • Net Margins: -51.49%
  • Return on Equity: -7.39%
  • Return on Assets: -3.75%
Debt:
  • Debt-to-Equity Ratio: 0.73%
  • Current Ratio: 15.82%
  • Quick Ratio: 15.83%
Misc:
  • Average Volume: 2.26 million shs.
  • Beta: 0.75
  • Short Ratio: 2.62
 
Frequently Asked Questions for New York REIT (NYSE:NYRT)

What is New York REIT's stock symbol?

New York REIT trades on the New York Stock Exchange (NYSE) under the ticker symbol "NYRT."

How often does New York REIT pay dividends? What is the dividend yield for New York REIT?

New York REIT declared a monthly dividend on Tuesday, September 27th. Stockholders of record on Friday, October 7th will be paid a dividend of $0.0383 per share on Friday, October 14th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 5.31%. The ex-dividend date is Wednesday, October 5th. View New York REIT's Dividend History.

How were New York REIT's earnings last quarter?

New York REIT, Inc. (NYSE:NYRT) released its quarterly earnings data on Tuesday, May, 10th. The company reported $0.11 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.10 by $0.01. The company had revenue of $36.71 million for the quarter, compared to analyst estimates of $41.85 million. New York REIT had a negative net margin of 51.49% and a negative return on equity of 7.39%. The company's revenue was down 12.4% compared to the same quarter last year. View New York REIT's Earnings History.

Where is New York REIT's stock going? Where will New York REIT's stock price be in 2017?

1 brokerages have issued 12 month target prices for New York REIT's shares. Their predictions range from $9.75 to $9.75. On average, they expect New York REIT's stock price to reach $9.75 in the next twelve months. View Analyst Ratings for New York REIT.

Who are some of New York REIT's key competitors?

Who are New York REIT's key executives?

New York REIT's management team includes the folowing people:

  • Wendy A. Silverstein, President, Chief Executive Officer, Director
  • John Garilli, Chief Financial Officer, Treasurer, Secretary
  • Randolph C. Read, Non-Executive Independent Chairman of the Board
  • William M. Kahane, Director
  • Craig T. Bouchard, Independent Director
  • Howard A. Goldberg, Independent Director
  • Joe C. McKinney, Independent Director

Who owns New York REIT stock?

New York REIT's stock is owned by many different of retail and institutional investors. Top institutional investors include Real Estate Management Services LLC (1.60%), Russell Investments Group Ltd. (1.23%), Ranger Global Real Estate Advisors LLC (1.03%), Financial & Investment Management Group Ltd. (0.35%), Orinda Asset Management LLC (0.26%) and LVM Capital Management Ltd. MI (0.13%). Company insiders that own New York REIT stock include Marc J Rowan, Patrick A O'malley and William M Kahane. View Institutional Ownership Trends for New York REIT.

Who sold New York REIT stock? Who is selling New York REIT stock?

New York REIT's stock was sold by a variety of institutional investors in the last quarter, including Sumitomo Mitsui Asset Management Company LTD, Orinda Asset Management LLC, Koshinski Asset Management Inc., Rehmann Capital Advisory Group and US Bancorp DE. Company insiders that have sold New York REIT stock in the last year include Patrick A O'malley and William M Kahane. View Insider Buying and Selling for New York REIT.

Who bought New York REIT stock? Who is buying New York REIT stock?

New York REIT's stock was bought by a variety of institutional investors in the last quarter, including Financial & Investment Management Group Ltd., Ranger Global Real Estate Advisors LLC, Russell Investments Group Ltd., Real Estate Management Services LLC, LVM Capital Management Ltd. MI, Deltec Asset Management LLC and Aperio Group LLC. View Insider Buying and Selling for New York REIT.

How do I buy New York REIT stock?

Shares of New York REIT can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is New York REIT's stock price today?

One share of New York REIT stock can currently be purchased for approximately $8.67.


MarketBeat Community Rating for New York REIT (NYSE NYRT)
Community Ranking:  1.2 out of 5 ()
Outperform Votes:  39 (Vote Outperform)
Underperform Votes:  119 (Vote Underperform)
Total Votes:  158
MarketBeat's community ratings are surveys of what our community members think about New York REIT and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for New York REIT (NYSE:NYRT) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Buy Rating
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $9.75 (12.46% upside)

Analysts' Ratings History for New York REIT (NYSE:NYRT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
6/16/2017Compass PointReiterated RatingBuy$11.50 -> $9.75LowView Rating Details
6/28/2016JMP SecuritiesReiterated RatingBuyN/AView Rating Details
2/29/2016J P Morgan Chase & CoLower Price TargetMarket Outperform$12.50 -> $12.00N/AView Rating Details
11/16/2015Evercore ISIUpgradeHold -> Buy$12.50N/AView Rating Details
11/13/2015SunTrust Banks, Inc.Boost Price TargetNeutral$10.00 -> $12.00N/AView Rating Details
(Data available from 7/26/2015 forward)

Earnings

Earnings History for New York REIT (NYSE:NYRT)
Earnings by Quarter for New York REIT (NYSE:NYRT)
Earnings History by Quarter for New York REIT (NYSE NYRT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/9/2016Q216$0.10$0.09$39.96 million$41.30 millionViewN/AView Earnings Details
5/10/2016Q116$0.10$0.11$41.85 million$36.71 millionViewN/AView Earnings Details
11/5/2015Q315$0.12$0.11$43.70 million$44.60 millionViewN/AView Earnings Details
8/7/2015Q215$0.13$0.14$44.95 million$43.70 millionViewN/AView Earnings Details
5/11/2015Q414$0.14($0.05)$40.90 millionViewN/AView Earnings Details
11/3/2014Q3 14$0.13$0.05$40.90 million$40.51 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for New York REIT (NYSE:NYRT)
Current Year EPS Consensus Estimate: $0.39 EPS
Next Year EPS Consensus Estimate: $0.36 EPS

Dividends

Current Dividend Information for New York REIT (NYSE:NYRT)
Most Recent Dividend:10/14/2016
Dividend Yield:0.00%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:0.00% (Trailing 12 Months of Earnings)
0.00% (Based on This Year's Estimates)
0.00% (Based on Next Year's Estimates)
Track Record:2 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for New York REIT (NYSE:NYRT)

Dividend History by Quarter for New York REIT (NYSE NYRT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/27/2016monthly$0.044.98%10/5/201610/7/201610/14/2016
8/31/2016monthly$0.044.8%9/6/20169/8/20169/15/2016
7/29/2016monthly$0.044.85%8/4/20168/8/20168/15/2016
6/28/2016monthly$0.045.02%7/6/20167/8/20167/15/2016
5/27/2016monthly$0.045.01%6/6/20166/8/20166/15/2016
4/27/2016monthly$0.044.66%5/4/20165/6/20165/13/2016
3/30/2016monthly$0.044.57%4/6/20164/8/20164/15/2016
2/26/2016monthly$0.044.79%3/4/20163/8/20163/15/2016
1/29/2016monthly$0.044.55%2/4/20162/8/20162/12/2016
12/29/2015monthly$0.044%1/6/20161/8/20161/15/2016
9/28/2015monthly$0.044.56%10/6/201510/8/201510/15/2015
9/28/2015monthly$0.044.56%11/4/201511/6/201511/13/2015
9/28/2015monthly$0.044.56%12/4/201512/8/201512/15/2015
6/26/2015monthly$0.044.55%7/6/20157/8/20157/15/2015
6/26/2015monthly$0.044.55%8/5/20158/7/20158/14/2015
6/26/2015monthly$0.044.55%9/3/20159/8/20159/15/2015
3/27/2015monthly$0.044.48%4/6/20154/8/20154/15/2015
3/27/2015monthly$0.044.48%5/6/20155/8/20155/15/2015
3/27/2015monthly$0.044.48%6/4/20156/8/20156/15/2015
12/30/2014monthly$0.044.25%2/4/20152/6/20152/13/2015
12/30/2014monthly$0.044.25%3/4/20153/6/20153/13/2015
12/30/2014monthly$0.044.25%1/6/20151/8/20151/15/2015
9/29/2014monthly$0.044.43%12/4/201412/8/201412/15/2014
9/29/2014monthly$0.044.43%11/5/201411/7/201411/14/2014
9/29/2014monthly$0.044.43%10/6/201410/8/201410/15/2014
6/27/2014$0.049/4/20149/8/20149/15/2014
6/27/2014$0.048/6/20148/8/20148/15/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for New York REIT (NYSE:NYRT)
Insider Ownership Percentage: 0.13%
Institutional Ownership Percentage: 69.25%
Insider Trades by Quarter for New York REIT (NYSE:NYRT)
Institutional Ownership by Quarter for New York REIT (NYSE:NYRT)
Insider Trades by Quarter for New York REIT (NYSE:NYRT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/4/2016William M KahaneDirectorSell93,818$9.09$852,805.62View SEC Filing  
10/3/2016William M KahaneDirectorSell258,134$9.09$2,346,438.06View SEC Filing  
9/30/2016William M KahaneDirectorSell114,932$9.17$1,053,926.44View SEC Filing  
9/29/2016Patrick A O'malleyInsiderSell8,311$9.25$76,876.75View SEC Filing  
10/8/2015Marc J RowanDirectorBuy234,948$10.61$2,492,798.28View SEC Filing  
8/29/2014Edward M Jr. WeilTreasurerBuy9,800$10.20$99,960.00View SEC Filing  
8/20/2014Michael A HappelPresidentBuy20,000$10.28$205,600.00View SEC Filing  
8/20/2014Nicholas S SchorschCEOBuy15,000$10.29$154,350.00View SEC Filing  
8/20/2014William M KahaneDirectorBuy10,000$10.30$103,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for New York REIT (NYSE:NYRT)
Latest Headlines for New York REIT (NYSE:NYRT)
Source:
DateHeadline
finance.yahoo.com logoNew York REIT, Inc. breached its 50 day moving average in a Bullish Manner : NYRT-US : July 20, 2017
finance.yahoo.com - July 21 at 5:10 AM
finance.yahoo.com logoNew York REIT Announces Release of Its Second Quarter 2017 Results
finance.yahoo.com - July 21 at 5:10 AM
nasdaq.com logoOrinda Asset Management LLC Buys CorEnergy Infrastructure Trust Inc, FelCor Lodging Trust Inc, ...
www.nasdaq.com - July 20 at 5:08 AM
americanbankingnews.com logoNew York REIT, Inc. (NYRT) Upgraded by BidaskClub to "Sell"
www.americanbankingnews.com - June 27 at 10:52 PM
americanbankingnews.com logoBidaskClub Lowers New York REIT, Inc. (NYRT) to Strong Sell
www.americanbankingnews.com - June 16 at 8:48 PM
americanbankingnews.com logoNew York REIT, Inc. (NYRT) Earns Buy Rating from Compass Point
www.americanbankingnews.com - June 16 at 4:58 PM
americanbankingnews.com logoNew York REIT Inc (NYRT) Upgraded to "Hold" by Zacks Investment Research
www.americanbankingnews.com - June 8 at 11:40 PM
nasdaq.com logoNew York REIT Enters Oversold Territory
www.nasdaq.com - June 6 at 7:43 PM
prnewswire.com logoNew York REIT Completes Option Acquisition in Worldwide Plaza Bringing Total ...
www.prnewswire.com - June 3 at 1:54 AM
reuters.com logoBRIEF-New York REIT acquires 49.9 pct interest in WWP Holdings
www.reuters.com - June 1 at 7:50 PM
finance.yahoo.com logoNew York REIT Completes Option Acquisition in Worldwide Plaza Bringing Total Ownership to 98.8 Percent
finance.yahoo.com - June 1 at 7:50 PM
seekingalpha.com logoNew York REIT's (NYRT) CEO Wendy Silverstein on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 12 at 12:29 AM
finance.yahoo.com logoEdited Transcript of NYRT earnings conference call or presentation 11-May-17 2:00pm GMT
finance.yahoo.com - May 12 at 12:29 AM
finance.yahoo.com logoNew York REIT Announces Results for First Quarter 2017
finance.yahoo.com - May 10 at 7:12 PM
seekingalpha.com logoRisk Arbitrage Today: 10 Reasons To Buy New York REIT Now
seekingalpha.com - May 10 at 11:54 AM
finance.yahoo.com logoNew York REIT, Inc. breached its 50 day moving average in a Bearish Manner : NYRT-US : May 5, 2017
finance.yahoo.com - May 5 at 9:00 AM
americanbankingnews.com logoNew York REIT (NYRT) Given Daily News Sentiment Score of 0.33
www.americanbankingnews.com - April 28 at 9:32 PM
americanbankingnews.com logoNew York REIT (NYRT) Getting Somewhat Positive Press Coverage, Report Finds
www.americanbankingnews.com - April 25 at 6:48 PM
finance.yahoo.com logoNew York REIT Invites You to Join Its First Quarter 2017 Management Conference Call
finance.yahoo.com - April 25 at 12:00 PM
americanbankingnews.com logoSomewhat Positive News Coverage Very Likely to Affect New York REIT (NYRT) Stock Price
www.americanbankingnews.com - April 21 at 8:11 PM
finance.yahoo.com logoETFs with exposure to New York REIT, Inc. : April 20, 2017
finance.yahoo.com - April 20 at 7:03 PM
americanbankingnews.com logoNew York REIT (NYRT) Given Daily Media Sentiment Rating of 0.17
www.americanbankingnews.com - April 18 at 8:53 PM
americanbankingnews.com logoNew York REIT Inc (NYRT) Cut to "Sell" at Zacks Investment Research
www.americanbankingnews.com - April 7 at 8:18 PM
finance.yahoo.com logoETFs with exposure to New York REIT, Inc. : April 5, 2017
finance.yahoo.com - April 7 at 11:39 AM
biz.yahoo.com logoNEW YORK REIT, INC. Files SEC form 8-K, Other Events
biz.yahoo.com - March 31 at 9:02 AM
americanbankingnews.com logoNew York REIT Inc (NYRT) Rating Lowered to D+ at TheStreet
www.americanbankingnews.com - March 30 at 8:19 AM
americanbankingnews.com logoTheStreet Lowers New York REIT Inc (NYRT) to D+
www.americanbankingnews.com - March 28 at 3:39 PM
prnewswire.com logoNew York REIT Announces 2017 Annual Meeting Date - PR Newswire (press release)
www.prnewswire.com - March 17 at 7:08 PM
biz.yahoo.com logoNEW YORK REIT, INC. Files SEC form 8-K/A, Change in Directors or Principal Officers
biz.yahoo.com - March 17 at 7:08 PM
finance.yahoo.com logoNew York REIT Announces 2017 Annual Meeting Date
finance.yahoo.com - March 16 at 7:42 PM
biz.yahoo.com logoNEW YORK REIT, INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits
biz.yahoo.com - March 16 at 7:42 PM
seekingalpha.com logoNew York REIT: Timing Is Everything
seekingalpha.com - March 13 at 10:00 AM
nasdaq.com logoRelative Strength Alert For New York REIT
www.nasdaq.com - March 10 at 8:43 PM
reuters.com logoBRIEF-New York REIT appoints Howard Goldberg to board
www.reuters.com - March 9 at 11:50 PM
finance.yahoo.com logoNew York REIT Announces Appointment Of Howard A. Goldberg To Board Of Directors
finance.yahoo.com - March 9 at 8:15 AM
reuters.com logoBRIEF-New York REIT says on March 7 Michael Happel, CEO of the company resigned - SEC Filing
www.reuters.com - March 8 at 7:43 PM
biz.yahoo.com logoNEW YORK REIT, INC. Files SEC form 8-K, Termination of a Material Definitive Agreement, Change in Directors or Princi
biz.yahoo.com - March 8 at 9:26 AM
finance.yahoo.com logoNew York REIT Announces Transition Of External Manager To Winthrop REIT Advisors
finance.yahoo.com - March 3 at 8:55 AM
finance.yahoo.com logoNew York REIT reports 4Q results - Yahoo Finance
finance.yahoo.com - March 2 at 12:09 AM
reuters.com logoBRIEF-New York REIT Q4 core FFO of $3.4 mln
www.reuters.com - March 1 at 7:08 PM
us.rd.yahoo.com logoNew York REIT Announces Results for Fourth Quarter 2016 and Full Year 2016
us.rd.yahoo.com - March 1 at 7:08 PM
biz.yahoo.com logoNEW YORK REIT, INC. Files SEC form 8-K, Change in Directors or Principal Officers, Other Events, Financial Statements
biz.yahoo.com - February 21 at 5:54 PM
us.rd.yahoo.com logo9:25 am New York REIT announces the resignation of Gregory F. Hughes from the Board; Hughes advised that he was resigning because of disagreements with the Board and the Company relating to its governance
us.rd.yahoo.com - February 18 at 11:50 AM
prnewswire.com logoNew York REIT Announces Director Resignation - PR Newswire (press release)
www.prnewswire.com - February 17 at 8:20 AM
seekingalpha.com logoNew York REIT director resigns over governance issues
seekingalpha.com - February 16 at 11:33 PM
reuters.com logoBRIEF-New York REIT says Gregory Hughes resigned from board
www.reuters.com - February 16 at 6:31 PM
us.rd.yahoo.com logoNew York REIT Announces Director Resignation
us.rd.yahoo.com - February 16 at 6:31 PM
us.rd.yahoo.com logoNew York REIT Announces Director Resignation
us.rd.yahoo.com - February 16 at 6:31 PM
biz.yahoo.com logoNEW YORK REIT, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Change in Directors or Principal
biz.yahoo.com - February 8 at 7:54 PM
streetinsider.com logoNew York REIT (NYRT) Appoints Wendy Silverstein to Board of Directors - StreetInsider.com
www.streetinsider.com - February 6 at 9:25 AM

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Chart

New York REIT (NYRT) Chart for Wednesday, July, 26, 2017

This page was last updated on 7/26/2017 by MarketBeat.com Staff