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American Strategic Investment Co (NYC)
NYSEReal EstateReal Estate ServicesSnapshot 2026-06-16
Watch· this week
$8.09-1.58%
Close 2026-06-16 · 1-day change
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
The bottom line
Recent financial performance is weak, and the company was unprofitable over the past year, so its earnings quality can't be assessed. Management's recent track record has been fairly steady, but the capital stance is capital unfriendly, indicating less favorable capital allocation. Risk is high, and the sector backdrop is a headwind, which may affect overall performance. Peer multiples imply a price about 40% below where it trades (it looks expensive on this basis); the read is rich. This assessment is provisional.
as of 2026-06-16
Quick facts
- Exchange
- NYSE
- Sector
- Real Estate
- Industry
- Real Estate Services
- Market cap
- $22.72M
- Employees
- —
- IPO date
- 2014-08-14
- Next earnings
- 2026-08-14
Price
Daily closes. Earnings/event dots are placed inline.
Adjusted daily closes (split & dividend). Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event
What's priced in
(what the market already expects)What it's worth (estimated)
A consensus fair price across 2 valuation methods, at three horizons. Current price $8.09. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
12-month· primaryexpensive
$5.76consensus
Range $4.59 – $6.92
vs price: +41% above
Method agreement — · 2 methods
No-growth: today's peer multiple on trailing earnings. The headline read.
3-yearexpensive
$4.87consensus
Range $4.87 – $4.87
vs price: +66% above
Method agreement — · 1 method
Embeds projected growth. Leans optimistic by design. Upside context.
5-yearfull
How much to trust our fair value
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
Re-ratinglow confidence
At $8.26 NYC trades at 4× p/s — 2.6× the 1× p/s peer median. The market is re-rating it beyond its own range; our $5.69 fair value is low-confidence here. Not investment advice.
Multiple (P/S)
3.8x
peer 1.4x · own history —
Premium
2.6x peer
Growth the price needs
45%
our forecast 6%
Our fair value
$5.69
range $4.41 – $6.98
WhyPeer anchor understates a real premiumEarnings too small for P/E
How this stock is priced
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
Long-term · 1–3 yr
expensiverich12-month view
What's priced inUnjustified
The market is pricing in roughly 45% near-term growth, well above our forecast of about 6%. This describes what's priced in, not a forecast of the move.
TTM earnings are negative, so the read leans on sales- and cash-flow-based methods rather than P/E. This is a data condition, not a forward call.
Elevated fragilityrisk posture, not a price call
Flags: expensive valuation, a turbulent sector regime (Heating).
Historical context
How strong is the business
(quality & execution)Factor signals
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Recent financial performance
weakOperating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Real Estate names rated weak grew net income 56% of the time over the next year (vs 55% for the rest of the cohort, n=1506).
26th pctl · Real Estate
Earnings quality
loss makingOver the trailing year it converted 0.24x of net income into operating cash flow.
Macro sensitivity
Not enough signal yet.
Not enough signal to read sensitivity to the broad stock market, Fed net liquidity, long-term interest rates, the US dollar, real (inflation-adjusted) rates.
Management & capital allocation
neutral4 material management or governance events in the past 24 months, led by legal/regulatory items. Historically, Real Estate names rated neutral grew net income 57% of the time over the next year (vs 55% for the rest of the cohort, n=5004).
55th pctl · Real Estate
Earnings setup & market context
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
Sector context
Intermediate · WeeklySector phase: real estate is in maturing, with decelerating (~1.2 years in phase).
Sector regime (90d momentum): headwind.Secular epoch: Mature by revenue growth · theme sunbelt-migration.headwind-6.7%sector vs S&P 500, 60d
via XLRE
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
AI cycle regime · market-wide
2-axis classifierLong-term · 1–3 yr
Management scorecard
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Long-term · 1–3 yr
Provisional
- Earnings discipline
- weak
- Post-call reaction
- weak
A guidance track record builds as the company issues and delivers on guidance.
as of 2026-06-16
What management is focused on
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Long-term · 1–3 yr
No qualifying priorities for this snapshot. Check back after the next refresh.
How bumpy is the path
(risk while you hold it)Risk: how this stock moves
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
Intermediate · WeeklyLong-term · 1–3 yr
On a typical day, $10k can swing ±$231.
How much price usually moves either way.
On a bad day, this stock has moved -$651.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $5,452.
Deepest peak-to-trough drop in the last year.
highas of 2026-06-16
Past results, not a forecast. Not investment advice.
What would change the read
(catalysts & re-read triggers)What changed
The most important moves since the prior daily snapshot.
Short-term · Daily
- No material changes since the prior snapshot.
No material changes since the prior snapshot.
as of 2026-06-16
What to watch next
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Intermediate · Weekly
- UpsideMedium confidenceMonthsactive 4d
Watch for sector revenue growth speeding up again.
Why it matters: The real estate sector is slowing. If revenue growth picks up, it could help NYC's performance.
What confirms / what disproves
Confirms:Sector revenue growth speeds up to 5% or more.
Disproves:Sector revenue growth keeps slowing down below 5%.
Sector context
News catalysts
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for NYC yet.
This sector is also watching
- Watch for revenue growth speeding up in the Real Estate sector.
- Watch for FOMC decisions that change interest rates.
What could change this view
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Intermediate · Weekly
Upside triggers
- If the Fed starts cutting rates from the current 3.62%, that would be a tailwind for NYC and other Real Estate names, since rate-sensitive parts of the market tend to rally when the Fed eases.
- If sector bellwethers like CBRE, BEKE, and JLL keep beating earnings and guiding higher, the Real Estate sector momentum should keep lifting NYC and other Real Estate names. Worth watching these names for early signals.
Downside triggers
- If sector bellwethers like CBRE, BEKE, and JLL start missing or guiding lower, the Real Estate tailwind helping NYC and other Real Estate names could fade. Watch these names for early warning.
- If NYC misses again next quarter like this past one (a big miss of -52% on the 2026-03-31 print), expect continued pressure. The Street usually keeps walking estimates down after consecutive misses.
- If GDP growth slows materially from the current 2.6% (say, below 2%), it hits NYC and other Real Estate names harder than the average stock, since the sector is growth-sensitive.
Recent events
(material 8-K / filing activity)Material updates
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
- 2026-05-151mo agoItem 2.02
Results of Operations and Financial Condition. On May 15, 2026, American Strategic Investment Co. (the “Company”) issued a press release announcing its results of operations for the quarter ended March 31, 2026, and supplemental financial information for the quarter ended March 31, 2026, attached hereto as Exhibits 99.1 and 99.2, respectively.
Earnings preannouncementnegative
Score history
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
No score history yet for this stock.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.