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New York REIT

NYSE:NYRT
Snowflake Description

Weak fundamentals or lack of information.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NYRT
NYSE
$238M
Imp Market Cap
  1. Home
  2. US
  3. Real Estate
Company description

NYRT is a publicly traded real estate investment trust listed on the NYSE that owns income-producing commercial real estate, including office and retail properties, located in New York City. The last earnings update was 614 days ago. More info.


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  • New York REIT has significant price volatility in the past 3 months.
NYRT Share Price and Events
7 Day Returns
4.6%
NYSE:NYRT
0.6%
US REITs
3.1%
US Market
1 Year Returns
-80.7%
NYSE:NYRT
-3%
US REITs
10.3%
US Market
NYRT Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
New York REIT (NYRT) 4.6% -21.5% -22.6% -80.7% -87.9% -
US REITs 0.6% -0.3% -4.7% -3% 10.3% 35.9%
US Market 3.1% -4.7% -4% 10.3% 52% 102.7%
1 Year Return vs Industry and Market
  • NYRT underperformed the REITs industry which returned -3% over the past year.
  • NYRT underperformed the Market in United States of America which returned 10.3% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

NYRT Value

 Is New York REIT undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.

In this section, we usually try to help investors determine whether New York REIT is trading at an attractive price based on the cash flow it is expected to produce in the future. But as New York REIT has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for New York REIT. This is due to cash flow or dividend data being unavailable. The share price is $14.18.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for New York REIT's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are New York REIT's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:NYRT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2016-12-31) in USD Not available
NYSE:NYRT Share Price ** NYSE (2018-11-02) in USD $14.18
United States of America REITs Industry PE Ratio Median Figure of 152 Publicly-Listed REITs Companies 28.89x
United States of America Market PE Ratio Median Figure of 2,956 Publicly-Listed Companies 18.43x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of New York REIT.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to compare the PE ratio to the industry average as no data exists.
  • Unable to calculate PE ratio for New York REIT, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does New York REIT's expected growth come at a high price?
Raw Data
NYSE:NYRT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 0x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America REITs Industry PEG Ratio Median Figure of 141 Publicly-Listed REITs Companies 1.67x
United States of America Market PEG Ratio Median Figure of 2,073 Publicly-Listed Companies 1.31x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for New York REIT, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on New York REIT's assets?
Raw Data
NYSE:NYRT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2016-12-31) in USD Not available
NYSE:NYRT Share Price * NYSE (2018-11-02) in USD $14.18
United States of America REITs Industry PB Ratio Median Figure of 192 Publicly-Listed REITs Companies 1.66x
United States of America Market PB Ratio Median Figure of 4,971 Publicly-Listed Companies 1.88x

* Primary Listing of New York REIT.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to compare the PB ratio to the industry average as no data exists.

Next steps:

  1. Take a look at our analysis of NYRT’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through New York REIT's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the REITs industry
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess New York REIT's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the REITs industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the REITs industry average (and greater than 0)? (1 check)
  5. New York REIT has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

NYRT Future Performance

 How is New York REIT expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as New York REIT has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
1.1%
Expected REITs industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is New York REIT expected to grow at an attractive rate?
  • Unable to compare New York REIT's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare New York REIT's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare New York REIT's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NYSE:NYRT Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America REITs Industry Earnings Growth Rate Market Cap Weighted Average 1.1%
United States of America REITs Industry Revenue Growth Rate Market Cap Weighted Average 4.3%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.8%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:NYRT Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:NYRT Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
NYSE:NYRT Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2016-12-31 175 -3 -83
2016-09-30 178 1 -65
2016-06-30 181 27 -33
2016-03-31 184 29 -30
2015-12-31 190 38 -39
2015-09-30 190 39 -58
2015-06-30 186 21 -35
2015-03-31 183 16 -93
2014-12-31 169 7 -93
2014-09-30 144 4 -79
2014-06-30 116 7 -94
2014-03-31 83 16 -25

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if New York REIT is high growth as no earnings estimate data is available.
  • Unable to determine if New York REIT is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:NYRT Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from New York REIT Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:NYRT Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
NYSE:NYRT Past Financials Data
Date (Data in USD Millions) EPS *
2016-12-31 -5.00
2016-09-30 -3.95
2016-06-30 -2.00
2016-03-31 -1.85
2015-12-31 -2.41
2015-09-30 -3.57
2015-06-30 -2.17
2015-03-31 -5.70
2014-12-31 -5.57
2014-09-30 -4.86
2014-06-30 -6.58
2014-03-31 -2.22

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if New York REIT will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of NYRT’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. New York REIT's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Real Estate companies here
  3. New York REIT's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess New York REIT's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
New York REIT has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

NYRT Past Performance

  How has New York REIT performed over the past 5 years?

  • New York REIT's last earnings update was 614 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare New York REIT's growth in the last year to its industry (REITs).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Insufficient past earnings data to establish if New York REIT's year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare New York REIT's 1-year growth to the 5-year average as past earnings data has not been reported.
  • Unable to compare New York REIT's 1-year growth to the US REITs industry average as past earnings data has not been reported.
Earnings and Revenue History
New York REIT's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from New York REIT Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:NYRT Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2016-12-31 174.99 -82.53 12.80
2016-09-30 177.54 -64.83 10.70
2016-06-30 180.81 -32.64 15.46
2016-03-31 184.41 -30.08 20.05
2015-12-31 189.89 -39.08 27.35
2015-09-30 190.21 -57.90 20.55
2015-06-30 186.34 -35.13 17.37
2015-03-31 183.06 -93.39 14.93
2014-12-31 169.20 -93.03 12.34
2014-09-30 144.36 -78.83 7.93
2014-06-30 115.68 -93.90 4.77
2014-03-31 82.53 -24.64 2.22
2013-12-31 58.62 -19.28 1.02
2013-09-30 39.93 -9.45 0.62
2013-06-30 28.30 -5.35 0.51
2013-03-31 21.02 -8.51 0.38
2012-12-31 15.42 -6.34 0.23
2012-09-30 12.81 -5.40 0.18
2012-06-30 10.48 -4.69 0.21
2012-03-31 8.57 -4.70 0.19
2011-12-31 7.54 -4.77 0.22

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Unable to establish if New York REIT has efficiently used shareholders’ funds last year as no Return on Equity data is available.
  • Unable to establish if New York REIT has efficiently used its assets last year compared to the US REITs industry average (Return on Assets) as past financial data has not been reported.
  • Unable to establish if New York REIT improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess New York REIT's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the REITs industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
New York REIT has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

NYRT Health

 How is New York REIT's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up New York REIT's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Unable to compare short term assets to short term liabilities as New York REIT has not reported sufficient balance sheet data.
  • Unable to establish if New York REIT's long term commitments exceed its cash and other short term assets as New York REIT has not reported sufficient balance sheet data.
Balance sheet
This treemap shows a more detailed breakdown of New York REIT's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Unable to establish if New York REIT has a high level of physical assets or inventory without balance sheet data.
  • Unable to verify if debt is covered by short term assets as New York REIT has not reported sufficient balance sheet data.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from New York REIT Company Filings, last reported 1 year ago.

NYSE:NYRT Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2016-12-31 941.67 1,107.60 45.70
2016-09-30 964.78 850.42 59.89
2016-06-30 1,032.02 850.70 88.19
2016-03-31 1,065.89 850.21 100.33
2015-12-31 1,092.27 867.71 99.04
2015-09-30 1,112.14 875.86 20.79
2015-06-30 1,141.29 810.87 27.50
2015-03-31 1,167.24 811.43 49.37
2014-12-31 1,195.68 808.52 22.72
2014-09-30 1,207.10 798.19 26.55
2014-06-30 1,213.02 479.16 50.75
2014-03-31 1,429.14 478.54 237.45
2013-12-31 1,449.26 478.59 233.87
2013-09-30 895.27 254.39 376.85
2013-06-30 481.14 252.94 258.02
2013-03-31 210.84 254.58 4.99
2012-12-31 142.43 207.27 5.35
2012-09-30 106.29 121.56 16.90
2012-06-30 83.74 98.01 2.39
2012-03-31 72.44 81.28 6.42
2011-12-31 51.19 81.39 10.22
  • Unable to establish if New York REIT's level of debt is high without past debt data.
  • Unable to establish if New York REIT's debt level has increased without past 5-year debt data.
  • Unable to verify if debt is well covered by operating cash flow as New York REIT has not reported sufficient balance sheet data.
  • Unable to confirm if the interest payments on New York REIT's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess New York REIT's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. New York REIT has a total score of 0/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

NYRT Dividends

 What is New York REIT's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from New York REIT dividends.
If you bought $2,000 of New York REIT shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate New York REIT's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate New York REIT's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:NYRT Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America REITs Industry Average Dividend Yield Market Cap Weighted Average of 182 Stocks 4.3%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1978 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:NYRT Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
NYSE:NYRT Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2018-05-01 0.000 0.000
2018-01-05 0.000 0.000
2017-12-06 0.000 0.000
2017-03-01 0.000 0.000
2016-09-27 4.600 4.752
2016-08-31 4.600 4.940
2016-07-29 4.600 4.656
2016-06-28 4.600 4.891
2016-05-27 4.600 4.962
2016-04-26 4.600 4.654
2016-03-29 4.600 4.651
2016-02-25 4.600 4.662
2016-01-29 4.600 4.828
2015-12-29 4.600 4.243
2015-09-25 4.600 4.094
2015-06-25 4.600 4.585
2015-03-26 4.600 4.710
2014-12-29 4.600 4.401
2014-09-25 4.600 4.242
2014-06-27 4.600 4.348
2014-05-28 4.600 4.010
2014-04-28 4.600 4.341
2014-04-16 6.050 5.706

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as New York REIT has not reported any payouts.
  • Unable to verify if New York REIT's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of New York REIT's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as New York REIT has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess New York REIT's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can New York REIT afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. New York REIT has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

NYRT Management

 What is the CEO of New York REIT's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
John Garilli
COMPENSATION $0
AGE 53
TENURE AS CEO 0.3 years
CEO Bio

Mr. John Andrew Garilli has been Chief Financial Officer, Treasurer and Secretary of New York REIT, Inc. since March 08, 2017 and its Chief Executive Officer & President since July 2018. Mr. Garilli has been with First Winthrop Corp., a real estate investment and management company and affiliate of the Service Provider, since September 1995 and serves as its Chief Financial Officer. Mr. Garilli has served as the Chief Financial Officer of the Service Provider since its inception in 2016. Mr. Garilli served as the Chief Financial Officer of Winthrop Realty Trust (WRT) since June 15, 2012 until August 2016 and served as its Chief Accounting Officer from May 2006 to June 2012. Mr. Garilli was with Winthrop since 1995 serving in various capacities in its accounting department. Mr. Garilli served as the Chief Accounting Officer of Winthrop Realty Trust. Prior to joining Winthrop, he worked at The Green Company. Mr. Garilli holds an MBA from Babson College and a BA from the College of the Holy Cross.

CEO Compensation
  • Insufficient data for John to compare compensation growth.
  • John's remuneration is lower than average for companies of similar size in United States of America.
Management Team

John Garilli

TITLE
CEO, President
AGE
53
TENURE
0.3 yrs

Matt Furbish

TITLE
Director of Investor Relations

Anne Kane

TITLE
Human Resources Manager
Board of Directors Tenure

Average tenure and age of the New York REIT board of directors in years:

2.1
Average Tenure
65
Average Age
  • The average tenure for the New York REIT board of directors is less than 3 years, this suggests a new board.
Board of Directors

Randy Read

TITLE
Non-Executive Chairman of the Board
COMPENSATION
$311K
AGE
65
TENURE
3.4 yrs

Portia Perrotty

TITLE
Independent Director
COMPENSATION
$207K
AGE
64
TENURE
4.2 yrs

Craig Bouchard

TITLE
Independent Director
COMPENSATION
$226K
AGE
65
TENURE
2.1 yrs

Joe McKinney

TITLE
Independent Director
COMPENSATION
$292K
AGE
72
TENURE
1.8 yrs

Howard Goldberg

TITLE
Independent Director
COMPENSATION
$228K
AGE
72
TENURE
1.7 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by New York REIT insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Start End Shares Max Price ($) Value ($)
22. Oct 18 Buy John Garilli Individual 22. Oct 18 22. Oct 18 2,500 $14.22 $35,550.00
13. Oct 18 Buy Howard Goldberg Individual 12. Oct 18 12. Oct 18 10,000 $14.23 $142,250.00
17. Nov 17 Buy Bulldog Investors, LLC Company 15. Sep 17 16. Nov 17 87,611 $78.00 $6,253,108.61
X
Management checks
We assess New York REIT's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. New York REIT has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

NYRT News

External News
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Simply Wall St News

Who Really Owns New York REIT Inc (NYSE:NYRT)?

In this analysis, my focus will be on developing a perspective on New York REIT Inc’s (NYSE:NYRT) latest ownership structure, a less discussed, but important factor. … Differences in ownership structure of companies can have a profound effect on how management's incentives are aligned with shareholder returns, and whether they adhere to corporate governance best practices. … View out our latest analysis for New York REIT

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Breaking Down New York REIT Inc's (NYSE:NYRT) Ownership Structure

A company's ownership structure is often linked to its share performance in both the long- and short-term. … See our latest analysis for New York REIT NYSE:NYRT Ownership_summary Jun 4th 18 Institutional Ownership In NYRT's case, institutional ownership stands at 48.29%, significant enough to cause considerable price moves in the case of large institutional transactions, especially when there is a low level of public shares available on the market to trade. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions.

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Is New York REIT Inc (NYSE:NYRT) Growing Too Fast?

The measure of how fast New York REIT goes through its cash reserves over time is called the cash burn rate. … NYSE:NYRT Income Statement Apr 27th 18 When will New York REIT need to raise more cash? … My cash burn analysis suggests that New York REIT has a cash runway of 3 years, given its current level of cash holdings.

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Breaking Down New York REIT Inc's (NYSE:NYRT) Ownership Structure

View our latest analysis for New York REIT NYSE:NYRT Ownership_summary Feb 28th 18 Institutional Ownership NYRT's 49.97% institutional ownership seems enough to cause large share price movements in the case of significant share sell-off or acquisitions by institutions, particularly when there is a low level of public shares available on the market to trade. … But I also examine other ownership types and their potential impact on NYRT's investment case. … Insider Ownership I find insiders are another important group of stakeholders, who are directly involved in making key decisions related to the use of capital.

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When Will Loss-Maker New York REIT Inc (NYSE:NYRT) Need More Cash?

Looking at New York REIT’s latest financial data, I will gauge when the company may run out of cash and need to raise more money. … See our latest analysis for New York REIT What is cash burn? … NYSE:NYRT Income Statement Jan 25th 18 When will New York REIT need to raise more cash?

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Should You Invest In The Real Estate Sector And New York REIT Inc (NYSE:NYRT)?

New York REIT Inc (NYSE:NYRT), a $698.71M small-cap, is a real estate company operating in an industry which remains the single largest sector globally, and has continued to play a key role in investor portfolios as an asset class. … Below, I will examine the sector growth prospects, as well as evaluate whether New York REIT is lagging or leading its competitors in the industry. … View our latest analysis for New York REIT What’s the catalyst for New York REIT's sector growth?

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What Kind Of Risk And Return Should You Expect For New York REIT Inc (NYSE:NYRT)?

NYRT's beta implies it may be a stock that investors with high-beta portfolios might find relevant if they wanted to reduce their exposure to market risk, especially during times of downturns. … NYRT's fixed assets to total assets ratio of higher than 30% shows that the company uses up a big chunk of its capital on assets that are hard to scale up or down in short notice. … As a result, this aspect of NYRT indicates a higher beta than a similar size company with a lower portion of fixed assets on their balance sheet.

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Who Owns Most Of New York REIT Inc (NYRT)?

In this article, I will take a quick look at New York REIT Inc’s (NYSE:NYRT) recent ownership structure – an unconventional investing subject, but an important one. … See our latest analysis for NYRT NYSE:NYRT Ownership Summary Nov 17th 17 Institutional Ownership Institutions account for 68.82% of NYRT's outstanding shares, a significant enough holding to move stock prices if they start buying and selling in large quantities, especially when there are relatively small amounts of shares available on the market to trade. … I suggest investors seek some degree of margin of safety due to high institutional ownership in NYRT, in particular due to the strong presence of active hedge fund investors.

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NYRT Company Info

Map
Description

NYRT is a publicly traded real estate investment trust listed on the NYSE that owns income-producing commercial real estate, including office and retail properties, located in New York City. In January 2017, NYRT's shareholders adopted a plan of liquidation pursuant to which NYRT is liquidating and winding down and, in connection therewith, is seeking to sell its assets in an orderly fashion to maximize shareholder value.

Details
Name: New York REIT, Inc.
NYRT
Exchange: NYSE
Founded: 2009
$238,107,284
$238,107,284
16,791,769
Website: http://www.nyrt.com
Address: New York REIT, Inc.
7 Bulfinch Place,
Suite 500,
Boston,
Massachusetts, 02114,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE NYRT Common Stock New York Stock Exchange US USD 16. Apr 2014
Number of employees
Current staff
Staff numbers
0
New York REIT employees.
Industry
Office REITs
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2018/11/05 21:31
End of day share price update: 2018/11/02 00:00
Last estimates confirmation: 2017/03/01
Last earnings filing: 2017/03/01
Last earnings reported: 2016/12/31
Last annual earnings reported: 2016/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.