New York REIT (NYRT) Getting Somewhat Favorable Media Coverage, Report Shows

News headlines about New York REIT (NYSE:NYRT) have been trending somewhat positive this week, Accern reports. The research firm identifies negative and positive press coverage by analyzing 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 news impact score of 0.10 on Accern’s scale. Accern also gave news coverage about the real estate investment trust an impact score of 46.6554744207149 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Here are some of the news articles that may have effected Accern’s rankings:

Shares of New York REIT (NYSE:NYRT) opened at $4.17 on Tuesday. New York REIT has a 1 year low of $3.88 and a 1 year high of $10.10. The company has a debt-to-equity ratio of 1.45, a quick ratio of 5.24 and a current ratio of 5.24. The stock has a market cap of $700.26, a price-to-earnings ratio of -8.34 and a beta of 0.68.

The firm also recently disclosed a special dividend, which will be paid on Friday, January 26th. Stockholders of record on Friday, January 19th will be given a dividend of $2.00 per share. The ex-dividend date is Monday, January 29th.

NYRT has been the subject of a number of recent research reports. ValuEngine raised shares of New York REIT from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. SunTrust Banks set a $7.00 price objective on shares of New York REIT and gave the company a “hold” rating in a research report on Friday, December 1st. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $8.38.

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New York REIT Company Profile

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.

Insider Buying and Selling by Quarter for New York REIT (NYSE:NYRT)

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