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After finishing at $9.92 in the prior trading day, Empire State Realty Trust Inc (NYSE: ESRT) closed at $9.78, down -1.41%. In other words, the price has decreased by -$1.41 from its previous closing price. On the day, 0.82 million shares were traded. ESRT stock price reached its highest trading level at $9.905 during the session, while it also had its lowest trading level at $9.74.
Ratios:
Our goal is to gain a better understanding of ESRT by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.47 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 24.91. In the meantime, Its Debt-to-Equity ratio is 2.49 whereas as Long-Term Debt/Eq ratio is at 2.49.
On May 23, 2023, Evercore ISI Upgraded its rating to Outperform which previously was In-line and also upped its target price recommendation from $7 to $8.
Evercore ISI Downgraded its Outperform to In-line on April 12, 2023, whereas the target price for the stock was revised from $8 to $7.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 24 ’24 when Durels Thomas P. sold 10,000 shares for $10.10 per share. The transaction valued at 101,000 led to the insider holds 86,807 shares of the business.
Durels Thomas P. bought 10,000 shares of ESRT for $101,024 on Dec 24 ’24. On Dec 18 ’24, another insider, Durels Thomas P., who serves as the EVP, Real Estate of the company, sold 3,193 shares for $10.90 each. As a result, the insider received 34,804 and left with 96,807 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ESRT now has a Market Capitalization of 2815740160 and an Enterprise Value of 4437817344. As of this moment, Empire’s Price-to-Earnings (P/E) ratio for their current fiscal year is 35.88. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 17.08. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.14 while its Price-to-Book (P/B) ratio in mrq is 1.60. Its current Enterprise Value per Revenue stands at 5.815 whereas that against EBITDA is 13.504.
Stock Price History:
Over the past 52 weeks, ESRT has reached a high of $11.62, while it has fallen to a 52-week low of $8.78. The 50-Day Moving Average of the stock is -8.45%, while the 200-Day Moving Average is calculated to be -4.08%.
Shares Statistics:
The stock has traded on average 1.12M shares per day over the past 3-months and 966740 shares per day over the last 10 days, according to various share statistics. A total of 165.51M shares are outstanding, with a floating share count of 135.71M. Insiders hold about 18.62% of the company’s shares, while institutions hold 72.21% stake in the company. Shares short for ESRT as of 1734048000 were 4727894 with a Short Ratio of 4.22, compared to 1731628800 on 4782118. Therefore, it implies a Short% of Shares Outstanding of 4727894 and a Short% of Float of 4.05.
Dividends & Splits
In the trailing 12 months, ESRT’s forward annual dividend rate was 0.14, compared to 0.14 this year. Against a Trailing Annual Dividend Yield of 0.014112903The stock’s 5-year Average Dividend Yield is 2.25.
