New York REIT (NYRT) Receives Daily Coverage Optimism Rating of 0.14
News stories about New York REIT (NYSE:NYRT) have been trending somewhat positive recently, Accern Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. New York REIT earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned media stories about the real estate investment trust an impact score of 46.2949218465868 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
New York REIT (NYSE NYRT) opened at $4.93 on Tuesday. The company has a debt-to-equity ratio of 1.45, a current ratio of 5.24 and a quick ratio of 5.24. New York REIT has a 12-month low of $4.89 and a 12-month high of $10.15. The stock has a market capitalization of $826.21, a P/E ratio of 15.38 and a beta of 0.68.
The firm also recently disclosed a dividend, which will be paid on Wednesday, December 27th. Investors of record on Monday, December 18th will be given a $1.00 dividend. The ex-dividend date is Friday, December 15th.
A number of brokerages recently commented on NYRT. SunTrust Banks set a $7.00 price objective on New York REIT and gave the stock a “hold” rating in a research report on Friday, December 1st. ValuEngine upgraded New York REIT from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. One analyst has rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $8.38.
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About New York REIT
New 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.
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