American Strategic Investment Co (NYC)
| Market Cap | 14.93M |
| Revenue (ttm) | 62.71M |
| Net Income (ttm) | -105.92M |
| Shares Out | 2.53M |
| EPS (ttm) | -47.57 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 769 |
| Open | 6.26 |
| Previous Close | 6.21 |
| Day's Range | 5.91 - 6.26 |
| 52-Week Range | 5.91 - 13.09 |
| Beta | -0.11 |
| Analysts | Hold |
| Price Target | 8.00 (+35.36%) |
| Earnings Date | May 10, 2024 |
About NYC
American Strategic Investment Co. (NYSE: NYC) owns a portfolio of high-quality commercial real estate located within the five boroughs of New York City. [Read more]
Financial Performance
In 2023, NYC's revenue was $62.71 million, a decrease of -2.02% compared to the previous year's $64.01 million. Losses were -$105.92 million, 130.8% more than in 2022.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for NYC stock is "Hold" and the 12-month stock price forecast is $8.0.
News
American Strategic Investment Co. Announces Fourth Quarter 2023 Results
NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“ASIC” or the “Company”), a company that owns a portfolio of commercial real estate located within the five boroughs of New Yo...
American Strategic Investment Co. Announces Release Date for Fourth Quarter and Full Year 2023 Results
NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“ASIC” or the “Company”) announced today it will release its financial results as of, and for the fourth quarter and year ende...
American Strategic Investment Co. Announces Changes to Board of Directors
NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“ASIC” or the “Company”) announces the following changes to its Board of Directors. Board member Abby Wenzel has announced tha...
American Strategic Investment Co. Announces Third Quarter 2023 Results
NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“ASIC” or the “Company”), a company that owns a portfolio of commercial real estate located within the five boroughs of New Yo...
BELLEVUE CAPITAL PARTNERS, LLC ANNOUNCES FINAL RESULTS OF TENDER OFFER FOR SHARES OF AMERICAN STRATEGIC INVESTMENT CORP.
NEW YORK , Oct. 27, 2023 /PRNewswire/ -- Bellevue Capital Partners, LLC ("Bellevue") announced today the final results of its tender offer to purchase for cash up to 350,000 shares of American Strateg...
American Strategic Investment Co. Announces Release Date for Third Quarter 2023 Results
NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“ASIC” or the “Company”) announced today it will release its financial results as of, and for the third quarter ended, Septemb...
American Strategic Investment Co. Completes Disposition of the Hit Factory
NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“ASIC” or the “Company”) announced today that it completed the sale of the property it owns at 421 W. 54th Street (the “Hit Fa...
American Strategic Investment Co. Announces Response to Bellevue Capital Partners, LLC Tender Offer
NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“ASIC” or the “Company”) announced today that it has filed with the Securities and Exchange Commission (“SEC”) a Solicitation/...
BELLEVUE CAPITAL PARTNERS, LLC LAUNCHES TENDER OFFER FOR SHARES OF AMERICAN STRATEGIC INVESTMENT CORP.
$10.25 Offer Represents 64.8% Premium to Recent Closing Price NEW YORK , Sept. 27, 2023 /PRNewswire/ -- Bellevue Capital Partners, LLC ("Bellevue") announced today that it launched a tender offer to p...
American Strategic Investment Co. Announces Disposition of the Hit Factory
NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“ASIC” or the “Company”) announced today that it has signed a definitive purchase and sale agreement to sell a property it own...
American Strategic Investment Co. Announces Second Quarter 2023 Results
NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“ASIC” or the “Company”), a company that owns a portfolio of commercial real estate located within the five boroughs of New Yo...
American Strategic Investment Co. Announces Release Date for Second Quarter 2023 Results
NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“NYC” or the “Company”) announced today it will release its financial results for the second quarter ended June 30, 2023 on Fr...
American Strategic Investment Co. Announces First Quarter 2023 Results
NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“ASIC” or the “Company”), a company that owns a portfolio of high-quality commercial real estate located within the five borou...
American Strategic Investment Co. Announces Release Date for First Quarter 2023 Results
NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“NYC” or the “Company”) announced today it will release its financial results for the first quarter ended March 31, 2023, on F...
American Strategic Investment Co. Announces Fourth Quarter and Full Year 2022 Results
NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“ASIC” or the “Company”), a company that owns a portfolio of high-quality commercial real estate located within the five borou...
American Strategic Investment Co. Announces 9,300 Square Foot Lease
NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“NYC” or the “Company”) announced today the execution of a 9,300 square foot lease at 1140 Avenue of the Americas in New York ...
American Strategic Investment Co. Announces Release Date for Fourth Quarter and Full Year 2022 Results
NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“NYC” or the “Company”) announced today it will release its financial results for the fourth quarter and year ended December 3...
American Strategic Investment Co. Announces Final Results of Rights Offering for Common Stock
NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“NYC” or the “Company”) announced today the final results of its non-transferable rights offering (the “Rights Offering), whic...
American Strategic Investment Co. Announces Commencement of Rights Offering for Common Stock
NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“NYC” or the “Company”) announced today that it commenced an offering of shares of its Class A common stock, par value $0.01...
New York City REIT Announces Completion of Reverse Stock Split and Termination of REIT Status
NEW YORK--(BUSINESS WIRE)--New York City REIT, Inc. (NYSE: NYC) (“NYC” or the “Company”) announced today that it completed a previously announced reverse stock split at a ratio of 1-for-8 (the “Reve...
New York City REIT Announces Change of Name to American Strategic Investment Co.
NEW YORK--(BUSINESS WIRE)--New York City REIT, Inc. (NYSE: NYC) (“NYC” or the “Company”) announced today that it will change its name to American Strategic Investment Co. effective on January 19, 20...
NYC Announces Business Strategy Change and Plan to Declare a Common Stock Reverse Stock Split
NEW YORK--(BUSINESS WIRE)--New York City REIT, Inc. (NYSE: NYC) (“NYC” or the “Company”) announced today that it intends to expand the scope of the assets and businesses the Company may own and oper...
New York City REIT Announces Third Quarter 2022 Results
NEW YORK--(BUSINESS WIRE)--New York City REIT, Inc. (NYSE: NYC) (“NYC” or the “Company”), a real estate investment trust that owns a portfolio of high-quality commercial real estate located within t...
2 Equity REITs Touting Double-Digit Yields To Fight Inflation
Equity real estate investment trusts (REITs) have outperformed mortgage REITs, as mortgage real estate investment trusts have posted annualized returns of 8.2% over the past 10 years.
New York City REIT Announces Release Date for Third Quarter 2022 Results
NEW YORK--(BUSINESS WIRE)--New York City REIT, Inc. (NYSE: NYC) (“NYC” or the “Company”) announced today it will release its financial results for the third quarter ended September 30, 2022 on Thursda...