New York City REIT (NYC) Stock Forecast, Price Target & Predictions
NYC Stock Forecast
New York City REIT stock forecast is as follows: an average price target of $1.13 (represents a -88.11% downside from NYC’s last price of $9.50) and
NYC Price Target
New York City REIT Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 16, 2022 | - | Lake Street | $1.13 | $0.48 | 136.80% | -88.16% |
The latest New York City REIT stock forecast, released on Sep 16, 2022 by Lake Street company, set a price target of $1.13, which represents a 136.80% increase from the stock price at the time of the forecast ($0.48), and a -88.16% decrease from NYC last price ($9.50).
New York City REIT Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $9.50 | $9.50 | $9.50 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of New York City REIT stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to New York City REIT's last price of $9.50. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
New York City REIT Financial Forecast
New York City REIT Revenue Forecast
| Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | $15.53M | $16.20M | $15.93M | - | $15.65M | $24.21M | $15.85M | $14.98M | $15.19M | $9.86M | $17.00M |
| Avg Forecast | $14.98M | $15.71M | $16.06M | $15.78M | $16.53M | $16.39M | $16.13M | $16.20M | $16.17M | $16.01M | $16.00M | $15.62M | $16.13M | $15.75M | $16.19M | $16.29M | $17.22M | $17.75M |
| High Forecast | $14.98M | $15.71M | $16.06M | $15.78M | $16.53M | $16.39M | $16.13M | $16.20M | $16.17M | $16.01M | $16.00M | $15.62M | $16.13M | $15.75M | $16.19M | $16.29M | $17.22M | $17.75M |
| Low Forecast | $14.98M | $15.71M | $16.06M | $15.78M | $16.53M | $16.39M | $16.13M | $16.20M | $16.17M | $16.01M | $16.00M | $15.62M | $16.13M | $15.75M | $16.19M | $16.29M | $17.22M | $17.75M |
| # Analysts | - | 1 | - | 1 | 1 | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Surprise % | - | - | - | - | - | - | - | 0.96% | 1.00% | 0.99% | - | 1.00% | 1.50% | 1.01% | 0.93% | 0.93% | 0.57% | 0.96% |
New York City REIT's average Quarter revenue forecast for Jun 23 based on 0 analysts is $16.13M, with a low forecast of $16.13M, and a high forecast of $16.13M. NYC's average Quarter revenue forecast represents a 3.82% increase compared to the company's last Quarter revenue of $15.53M (Mar 23).
New York City REIT EBITDA Forecast
| Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | 1 | - | 1 | 1 | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA | - | - | - | - | $-62.80M | $-14.18M | $-15.23M | $-143.00K | $2.35M | $622.00K | - | $591.00K | $-232.00K | $-8.08M | $734.00K | $-296.00K | $-4.70M | $1.44M |
| Avg Forecast | $2.45M | $2.56M | $2.62M | $2.58M | $2.70M | $2.67M | $2.63M | $2.64M | $2.64M | $2.61M | $2.61M | $3.19M | $3.30M | $-33.84M | $943.71K | $-1.54M | $3.52M | $3.63M |
| High Forecast | $2.45M | $2.56M | $2.62M | $2.58M | $2.70M | $2.67M | $2.63M | $2.64M | $2.64M | $2.61M | $2.61M | $3.19M | $3.30M | $-27.07M | $1.13M | $-1.23M | $3.52M | $3.63M |
| Low Forecast | $2.45M | $2.56M | $2.62M | $2.58M | $2.70M | $2.67M | $2.63M | $2.64M | $2.64M | $2.61M | $2.61M | $3.19M | $3.30M | $-40.61M | $754.97K | $-1.85M | $3.52M | $3.63M |
| Surprise % | - | - | - | - | -23.28% | -5.30% | -5.79% | -0.05% | 0.89% | 0.24% | - | 0.19% | -0.07% | 0.24% | 0.78% | 0.19% | -1.33% | 0.40% |
0 analysts predict NYC's average Quarter EBITDA for Mar 23 to be $2.64M, with a high of $2.64M and a low of $2.64M. This is 12.77% upper than New York City REIT's previous annual EBITDA (Dec 22) of $2.35M.
New York City REIT Net Income Forecast
| Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | 1 | - | 1 | 1 | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | - | - | - | - | $-73.88M | $-9.39M | $-10.90M | $-5.54M | $-14.86M | $-15.83M | - | $-15.82M | $-3.71M | $-11.11M | $-11.05M | $-13.54M | $-16.60M | $-12.29M |
| Avg Forecast | $-5.72M | $-6.60M | $-7.53M | $3.97M | $-81.26M | $3.50M | $3.00M | $3.60M | $4.92M | $3.20M | $2.68M | $3.27M | $4.33M | $-46.56M | $-14.21M | $-70.48M | - | - |
| High Forecast | $-5.72M | $-6.60M | $-7.53M | $3.97M | $-81.26M | $3.50M | $3.00M | $3.60M | $4.92M | $3.20M | $2.68M | $3.27M | $4.33M | $-37.25M | $-11.37M | $-56.38M | - | - |
| Low Forecast | $-5.72M | $-6.60M | $-7.53M | $3.97M | $-81.26M | $3.50M | $3.00M | $3.60M | $4.92M | $3.20M | $2.68M | $3.27M | $4.33M | $-55.87M | $-17.05M | $-84.57M | - | - |
| Surprise % | - | - | - | - | 0.91% | -2.69% | -3.63% | -1.54% | -3.02% | -4.94% | - | -4.84% | -0.86% | 0.24% | 0.78% | 0.19% | - | - |
New York City REIT's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. NYC's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).
New York City REIT SG&A Forecast
| Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | 1 | - | 1 | 1 | - | - | - | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | $1.82M | $1.93M | $2.44M | $5.38M | $4.09M | $4.70M | - | $4.52M | $2.10M | $1.88M | $5.95M | $6.75M | $4.52M | $6.12M |
| Avg Forecast | $3.34M | $3.50M | $3.58M | $3.52M | $3.68M | $3.65M | $3.59M | $3.61M | $3.60M | $3.57M | $3.56M | $3.17M | $3.27M | $7.90M | $7.65M | $3.31M | $3.49M | $3.60M |
| High Forecast | $3.34M | $3.50M | $3.58M | $3.52M | $3.68M | $3.65M | $3.59M | $3.61M | $3.60M | $3.57M | $3.56M | $3.17M | $3.27M | $9.47M | $9.18M | $3.31M | $3.49M | $3.60M |
| Low Forecast | $3.34M | $3.50M | $3.58M | $3.52M | $3.68M | $3.65M | $3.59M | $3.61M | $3.60M | $3.57M | $3.56M | $3.17M | $3.27M | $6.32M | $6.12M | $3.31M | $3.49M | $3.60M |
| Surprise % | - | - | - | - | 0.50% | 0.53% | 0.68% | 1.49% | 1.14% | 1.32% | - | 1.43% | 0.64% | 0.24% | 0.78% | 2.04% | 1.29% | 1.70% |
New York City REIT's average Quarter SG&A projection for Mar 24 is $3.52M, based on 1 Wall Street analysts, with a range of $3.52M to $3.52M. The forecast indicates a 92.75% rise compared to NYC last annual SG&A of $1.82M (Dec 23).
New York City REIT EPS Forecast
| Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | 1 | - | 1 | 1 | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS | - | - | - | - | $-0.03 | $-0.00 | $-0.00 | $-2.72 | $-8.05 | $-9.16 | - | $-9.52 | $-0.04 | $-0.11 | $-0.11 | $-0.13 | $-0.16 | $-0.12 |
| Avg Forecast | $-2.27 | $-2.62 | $-2.99 | $1.58 | $-32.27 | $1.39 | $1.19 | $1.43 | $1.95 | $1.27 | $1.15 | $1.43 | $1.89 | $1.25 | $1.01 | $1.46 | - | - |
| High Forecast | $-2.27 | $-2.62 | $-2.99 | $1.58 | $-32.27 | $1.39 | $1.19 | $1.43 | $1.95 | $1.27 | $1.15 | $1.43 | $1.89 | $1.25 | $1.01 | $1.75 | - | - |
| Low Forecast | $-2.27 | $-2.62 | $-2.99 | $1.58 | $-32.27 | $1.39 | $1.19 | $1.43 | $1.95 | $1.27 | $1.15 | $1.43 | $1.89 | $1.25 | $1.01 | $1.17 | - | - |
| Surprise % | - | - | - | - | 0.00% | -0.00% | -0.00% | -1.90% | -4.12% | -7.20% | - | -6.66% | -0.02% | -0.09% | -0.11% | -0.09% | - | - |
According to undefined Wall Street analysts, New York City REIT's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to NYC previous annual EPS of $NaN (undefined).
New York City REIT Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| HOUS | Anywhere Real Estate | $5.46 | $8.50 | 55.68% | Sell |
| RMAX | RE/MAX | $12.91 | $16.67 | 29.12% | Buy |
| FSV | FirstService | $182.07 | $192.67 | 5.82% | Buy |
| NMRK | Newmark Group | $14.90 | $14.00 | -6.04% | Buy |
| MMI | Marcus & Millichap | $40.12 | $26.00 | -35.19% | Buy |
| NYC | New York City REIT | $8.40 | $1.13 | -86.55% | - |
NYC Forecast FAQ
Will New York City REIT stock go up soon?
According to Wall Street analysts' prediction for NYC stock, the company can go down by -88.11% (from the last price of $9.5 to the average price target of $1.13), down by -88.16% based on the highest stock price target, and down by -88.16% based on the lowest stock price target.
Can New York City REIT stock reach $14?
NYC's average twelve months analyst stock price target of $1.13 does not support the claim that New York City REIT can reach $14 in the near future.
What are New York City REIT's analysts' financial forecasts?
New York City REIT's analysts financial forecasts for the fiscal year (Dec 2023) are as follows: average revenue is $65.25M (high $65.25M, low $65.25M), average EBITDA is $10.65M (high $10.65M, low $10.65M), average net income is $-71.165M (high $-71.165M, low $-71.165M), average SG&A $14.54M (high $14.54M, low $14.54M), and average EPS is $-28.261 (high $-28.261, low $-28.261). NYC's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $62.54M (high $62.54M, low $62.54M), average EBITDA is $10.21M (high $10.21M, low $10.21M), average net income is $-15.873M (high $-15.873M, low $-15.873M), average SG&A $13.93M (high $13.93M, low $13.93M), and average EPS is $-6.304 (high $-6.304, low $-6.304).
Did the NYC's actual financial results beat the analysts' financial forecasts?
Based on New York City REIT's last annual report (Dec 2022), the company's revenue was $64M, beating the average analysts forecast of $63.8M by 0.33%. Apple's EBITDA was $1.69M, missing the average prediction of $11.06M by -84.68%. The company's net income was $-64.82M, missing the average estimation of $14.07M by -560.57%. Apple's SG&A was $21.28M, beating the average forecast of $13.9M by 53.03%. Lastly, the company's EPS was $-37.48, missing the average prediction of $5.81 by -745.23%. In terms of the last quarterly report (Mar 2023), New York City REIT's revenue was $15.53M, missing the average analysts' forecast of $16.2M by -4.13%. The company's EBITDA was $-143K, missing the average prediction of $2.64M by -105.41%. New York City REIT's net income was $-5.541M, missing the average estimation of $3.6M by -253.99%. The company's SG&A was $5.38M, beating the average forecast of $3.61M by 49.08%. Lastly, the company's EPS was $-2.72, missing the average prediction of $1.43 by -290.35%