New York City REIT: Top 10 Undervalued Real Estate Stocks on NYS (NYC)
New York City REIT is now ranked among the top 10 undervalued stocks in the Real Estate sector on the New York Stock Exchange. A stock is considered undervalued if it trades at a discount to its valuation – a calculation used to determine the intrinsic (true) worth of a company. Valuation methodology provided by Stockcalc (see below). The real estate sector is focused on companies that provide mortgages, manage property or are REITs.
All data provided as-at market close October 02, 2022. The list is sorted by stocks with the greatest percentage difference between valuation and price. New York City REIT New York City REIT Inc is formed to invest its assets in office properties located in the five boroughs of New York City, with a focus on Manhattan. It has also invested in real estate assets that accompany office space, including retail spaces and amenities, and also invests in hospitality assets, residential assets and other property types exclusively in New York City. Its objective is to Maximize Total Shareholder Returns, Maintain Low Leverage, Target a Potential Liquidity Event, New York Ci New York City REIT is listed under NYC on the New York Stock Exchange.
| Symbol | Name | Close Price | Shares Outstanding | P/E | P/B | Cash per Share | Net Cash per Share |
|---|---|---|---|---|---|---|---|
| ACR | ACRES Commercial Realty | 8.55 | 0 | 0 | 0 | 0 | 0 |
| IVQ-U-T | Invesque | 1.12 | 0 | 0 | 0 | 0 | 0 |
| HCDI | Harbor Custom Dev | 0.89 | 0 | 0 | 0 | 0 | 0 |
| AEI | Alset EHome International | 0.23 | 0 | 0.1 | 0 | 0 | 0 |
| LXP | LXP Industrial Trust | 9.3 | 0 | 8.4 | 0 | 0 | 0 |
| RLP-X | Realia Properties | 0.01 | 0 | 4 | 0 | 0 | 0 |
| NYC | New York City REIT | 3.25 | 0 | 0 | 0 | 0 | 0 |
| MAR-UN-X | Marwest Apartment | 0.79 | 0 | 0.5 | 0 | 0 | 0 |
| MAC | Macerich | 8.07 | 0 | 33.6 | 0 | 0 | 0 |
| FPH | Five Point Holdings | 2.62 | 0 | 0 | 0 | 0 | 0 |
More about New York City REIT
Stocks in this category are held primarily for capital appreciation.
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