New York City REIT, Inc. | REIT Profile

Symbol: NYC
CIK: 1595527
Exchange: NYSE
Founded: 2013 (9 years)
HQ: New York, NY, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Micro-Cap
REIT Sector: Office

See NYC on Google Finance
See NYC on Yahoo Finance
See NYC on SEC.gov

Website Logo  RSS Logo 

About New York City REIT, Inc.

American Realty Capital New York City REIT, Inc. ("NYC REIT") seeks to provide its investors with a combination of current income and capital appreciation through strategic investments in high-quality commercial real estate located within the five boroughs of New York City, particularly Manhattan. NYC REIT has focused and intends to continue focusing our investment activities on acquiring quality, income-producing commercial real estate located in the five boroughs of New York City and, in particular, properties located in Manhattan. We may also originate or acquire real estate debt backed by quality, income-producing commercial real estate located predominantly in New York City. The real estate debt, which we may also originate or acquire is expected to be primarily first mortgage debt but also may include bridge loans, mezzanine loans, preferred equity or securitized loans


New York City REIT, Inc. Company Logo

Stock Chart

See in Advanced Graph View

REITMovers


REITMovers tracks the stock price and other indicators for all US REITs tracked by REITNotes during normal trading hours. This data is updated every 3 minutes during normal trading hours. Note: All prices have a 15 minute delay.


Latest Price High Low Open Close Previous Close Volume Change $ Change % Market Cap PE Ratio 52W High 52W Low Ytd Change
$8.96 $9.56 $8.85 $9.20 $9.25 $9.25 16,022 -$0.29 -3.14% $121,547,507 N/A $14.27 $5.69 -14.44%

Last update: 2022-05-19 08:05:35 PST

REITRating™ Trend


REITRating™ is REITNotes' Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. See score breakdown. The graph below plots the overall REITRating™ score for the last trading days. See complete trend.

Overall REITRating Score: 4.0

Hightlights of Trading Day May 18, 2022


Open Price: $9.35
Closing Price: $9.25
Price Change: -0.26 (-2.734%)
Lowest Price: $9.103
Highest Price: $9.723
52-Week Low: $5.69
52-Week High: $14.27
52-Week Change: -1.24%
5 Day Price Change: -12.51%
1 Month Price Change: -27.85%
3 Month Price Change: -20.17%
6 Month Price Change: 30.04%
YTD Price Change: -8.82%
1 Year Price Change: -1.14%
2 Year Price Change: -42.35%
5 Year Price Change: -42.35%

Dividend of Trading Day May 18, 2022


Dividend Yield: 4.324%*
Annualized Dividend: $0.4*
Dividend Yield (TTM): 4.15%
Annualized Dividend (TTM): $0.3946
Ex-Dividend Date: 2022-04-08
Dividend Frequency: Quarterly

*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.

Latest News Headlines


See more news headlines for New York City REIT, Inc.

Funds From Operations (FFO)



FFO Amount and Payout Ratio

Below are the FFO amounts, dividends, and payout ratios for the last two quarters for NYC.

Year Quarter Type Amount Dividend Paid Payout Ratio
2021 Q4 CORE FFO $--- $--- ---%
2021 Q4 FFO $--- $--- ---%
2021 Q3 FFO $--- $--- ---%
2021 Q3 CORE FFO $--- $--- ---%

REITNotes uses the REIT's Funds From Operation (FFO) per diluted share informed in the REIT’s Quarterly Earning Reports and its announced dividend per diluted share. For some REITs, we also display the Adjusted Funds From Operations (AFFO), Core FFO, Normalized FFO (NFFO), Modified FFO (MFFO), Operating FFO as provided by the REIT. REITNotes™ calculates the payout ratio by dividing the dividend value paid during the current quarter by the FFO declared in the previous Quarter. E.g., we divide the dividend value paid in Q3 by the FFO reported in Q2. This is because although paid in Q3, the dividend value is usually declared during the previous quarter. FFO is a non-GAAP measure recognized by the SEC and provided by the REITs as a supplemental measure of their operating performance. FFO is not meant to be an indicator of the REIT’s capacity to pay current or future dividends nor to be a substitute to the REIT's cash flow from operations. It is recommended to check the REIT's website, Earning Reports and dividend announcements for the latest and updated information.


Funds From Operations (FFO)

Key Stats of Trading Day May 18, 2022


Total Cash: N/A
Current Debt: N/A
Revenue: N/A
Gross Profit: N/A
Total Revenue: N/A
Earnings Before Interest, Taxes & Depreciation Amortization (EBITDA): N/A
Revenue Per Share: N/A
Revenue Per Employee: N/A
Employee: N/A
Debt to Equity Ratio (D/E): N/A
Profit Margin: N/A
Enterprise Value (EV): N/A
Enterprise Value to Revenue (EV/R): N/A
Price to Sales (P/S): N/A
Price to Book (P/B): N/A
Price/Earnings-to-Growth (PEG) Ratio: N/A
P/E Ratio: N/A
P/E High: N/A
P/E Low: N/A
Forward P/E Ratio: 6.84
Market Capitalization: $125,481,523
Beta: 0.48
Latest Volume: 22,091
Avg. Total Volume: 43,895
Avg. 10-Day Volume: 49,358
Avg. 30-Day Volume: 43,895
TTM EPS: N/A
Shares Outstanding: 13,565,570
Float: N/A
50-Day Moving Avg.: $11.99
200-Day Moving Avg.: $10.21

Latest REIT Community Comments on #NYC


See more community comments related to NYC

Properties Owned by NYC


NYC Sample Property

Sample of REIT’s Properties. Image Source - REIT’s website

Occupancy Rate



Different REITs may report Occupancy levels in various forms/calculations. Some of the terms used to describe occupancy are Portfolio Occupancy, Weighted Average Occupancy, Ending Occupancy, Economic Occupancy, Leased Occupancy, Physical Occupancy, Pro Forma Occupancy, Same-Property Occupancy, Stabilized Portfolio Occupancy, Comparable Occupancy, Lease Rate, Percent Leased, among others. Some REITs interchange the words Occupancy and Leased while others use them to distinguish between data points. Some REITs also vary the use of the words over time through their earning reports. Therefore the information provided here is our best attempt at collecting data on occupancy/leased trends. However, it may not be accurate or comparable between different REITs.

REIT Simulation


Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.

With $1,000 USD With $500 USD With $250 USD With $100 USD With $50 USD
Initial investment @ $11.71 per share you would have been able to buy 85 shares of NYC on 2021-05-19 costing $995.35 @ $11.71 per share you would have been able to buy 42 shares of NYC on 2021-05-19 costing $491.82 @ $11.71 per share you would have been able to buy 21 shares of NYC on 2021-05-19 costing $245.91 @ $11.71 per share you would have been able to buy 8 shares of NYC on 2021-05-19 costing $93.68 @ $11.71 per share you would have been able to buy 4 shares of NYC on 2021-05-19 costing $46.84
Current worth On 2022-05-18 these 85 shares would be worth $786.25 @ $9.25 On 2022-05-18 these 42 shares would be worth $388.50 @ $9.25 On 2022-05-18 these 21 shares would be worth $194.25 @ $9.25 On 2022-05-18 these 8 shares would be worth $74.00 @ $9.25 On 2022-05-18 these 4 shares would be worth $37.00 @ $9.25
Dividends earned $34.00 in dividends would have been earned since 2021-05-19 with 85 shares. $17 in dividends would have been earned since 2021-05-19 with 42 shares. $8.40 in dividends would have been earned since 2021-05-19 with 21 shares. $3.20 in dividends would have been earned since 2021-05-19 with 8 shares. $1.60 in dividends would have been earned since 2021-05-19 with 42 shares.
Net (gain / loss)* -175.10 USD -86.52 USD -43.26 USD -16.48 USD -8.24 USD
ROI** -17.59% -17.59% -17.59% -17.59% -17.59%

*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.

Dividend History


Below are the most recent cash dividends paid by NYC. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.


Symbol Ex Date Cash Amount Change in Dividend Declaration Date Record Date Payment Date
NYC 2022-04-08 0.100 --- 2022-04-01 2022-04-11 2022-04-18
NYC 2022-01-12 0.100 --- 2022-01-03 2022-01-13 2022-01-18
NYC 2021-10-08 0.100 --- 2021-10-01 2021-10-12 2021-10-15
NYC 2021-07-09 0.100 --- 2021-07-01 2021-07-12 2021-07-15
NYC 2021-04-09 0.100 --- 2021-04-01 2021-04-12 2021-04-15
NYC 2021-01-08 0.100 104.54% 2021-01-01 2021-01-11 2021-01-15
NYC 2020-10-08 0.049 --- 2020-10-01 2020-10-12 2020-10-15
NYC 2020-08-18 0.000 --- 0000-00-00 2020-08-19 0000-00-00

Earnings Press Releases


Below are the Earnings Press Releases for NYC. To see the complete Earnings Report please visit the sec.gov.

Year Quarter Title
2022 Q1 New York City REIT Announces First Quarter 2022 Results
2021 Q4 New York City REIT Announces Fourth Quarter and Full Year 2021 Results
2021 Q3 New York City REIT Announces Third Quarter 2021 Results

Balance Sheet | Quarterly

See Annual Balance Sheet | See Quarterly Balance Sheet

Amounts in USD ($)

Balance Sheet 2020-06-30
Current Cash 52,719,000 0 0 0
Receivables 0 0 0 0
Inventory 0 0 0 0
Current Assets 0 0 0 0
Current Assets (Other) 0 0 0 0
Short Term Investments 0 0 0 0
Long-term Investments 0 0 0 0
Property, Plant & Equipment Net 55,478,000 0 0 0
Goodwill 0 0 0 0
Intangible Assets 0 0 0 0
Other Assets 21,442,000 0 0 0
Net Tangible Assets 405,863,000 0 0 0
Total Assets 887,711,000 0 0 0
Accounts Payable 0 0 0 0
Liabilities (Other) 31,202,000 0 0 0
Current Liabilities (Other) 0 0 0 0
Total Current Liabilities 0 0 0 0
Current Long-term Debt 0 0 0 0
Long-term Debt 448,273,000 0 0 0
Total Liabilities 481,848,000 0 0 0
Minority Interest 0 0 0 0
Common Stock 3,189,232 0 0 0
Retained Earnings -276,352,000 0 0 0
Treasury Stock 0 0 0 0
Capital Surplus 686,073,000 0 0 0
Shareholder Equity 405,863,000 0 0 0

Income Statement | Quarterly

See Annual Income Statement | See Quarterly Income Statement

Amounts in USD ($)

Income Statement 2020-06-30
Total Revenue 16,429,000 0 0 0
Cost of Revenue 15,071,000 0 0 0
Gross Profit 1,358,000 0 0 0
Research and Development 0 0 0 0
Selling General and Admin 0 0 0 0
Operating Expense 17,592,000 0 0 0
Operating Income -1,163,000 0 0 0
Income Expense Net (Other) -4,123,000 0 0 0
EBIT -1,163,000 0 0 0
Interest Income 4,764,000 0 0 0
Pretax Income -5,286,000 0 0 0
Income Tax 0 0 0 0
Minority Interest 0 0 0 0
Net Income -5,286,000 0 0 0
Net Income Basic -5,286,000 0 0 0

Cash Flow | Quarterly

See Annual Cash Flow | See Quarterly Cash Flow

Amounts in USD ($)

Cash Flow 2020-06-30
Net Income -5,286,000 0 0 0
Depreciation 6,022,000 0 0 0
Changes in Receivables 0 0 0 0
Changes in Inventories 0 0 0 0
Cash Change -9,011,000 0 0 0
Cash Flow -8,555,000 0 0 0
Capital Expenditures -456,000 0 0 0
Investments 0 0 0 0
Investing Activity (Other) 0 0 0 0
Total Investing Cash Flows -456,000 0 0 0
Dividends Paid 0 0 0 0
Net Borrowings 0 0 0 0
Cash Flow Financing 0 0 0 0
Financing Cash Flows (Other) 0 0 0 0
Exchange Rate Effect 0 0 0 0

REITRating™ Scorecard


Rating Dividend Section Avg. Rating
1 Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. 6.7
Rating AFFO & Efficiency Section Avg. Rating
Rating Leverage Section Avg. Rating
Rating Asset & Revenue Section Avg. Rating
Rating Properties Section Avg. Rating
Rating Market Cap Section Avg. Rating
10 Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. 4.4
4.0 Overall REITRating™ Score (See trend) 6.1

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.

Related REITs


REIT REITRating™ Score Exchange Market Capitalization Sector Country
CIM Commercial Trust Corp (CMCT) 4.2 NASDAQ Micro-Cap Office Hotel Residential United States
Gyrodyne Company of America, Inc. (GYRO) N/A NASDAQ Micro-Cap Industrial Office Health Care Diversified United States
Income Opportunity Realty Trust (IOR) N/A NYSE Micro-Cap Office Residential United States
Medalist Diversified REIT, Inc. (MDRR) N/A NASDAQ Micro-Cap Retail Hotel Office Residential United States
Pillarstone Capital REIT (PRLE) N/A OTCMKTS Micro-Cap Office Retail United States

Last updated: 2022-05-19 - v3.3