New York REIT, Inc. Common Stoc (NYSE:NYRT):
New York REIT Reaches Settlement With WW Investors LLC.
The company is trading up by 0.11 percent from yesterday’s close.
Additionally the company announced a dividend that was paid on Thu Sep 15, 2016. The dividend was $0.115 per share for the quarter which is $0.46 annualized. This dividend represents a yeild of $4.79 which is the dividend as a percentage of the current share price. The ex-dividend date was Wednesday the 5th of October 2016.
It is trading at $9.46 slightly over the 50 day moving average which is $9.27 and which is slightly below the 200 day moving average of $9.55. The 50 day moving average moved up $0.19 and the 200 day average moved down $-0.09.
As of the latest earnings report the EPS was $-0.20 and is projected to be $0.38 for the current year with 164,877,000 shares outstanding. Next quarter’s EPS is forecasted to be $0.10 and the next full year EPS is projected to be $0.40.
Wall Street analysts have weighed in on the stock of late. February 29 investment analysts at JP Morgan made no change to the company rating of “Market Outperform” but moved down the price target from $12.50 to $12.00. On November 16 the stock rating was upgraded from “Hold” to “Buy” in a report from Evercore ISI Group.
On October 30 analysts at Compass Point initiated coverage on the stock by announcing an initial rating of “Buy” and price target of $13.50. Equity analyst JMP Securities starting coverage on NYRT giving it an initial rating of “Market Perform”.