Stock Market Recap: Empire State Realty Trust Inc (ESRT) Concludes at 10.06, a -2.33 Surge/Decline

In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

After finishing at $10.30 in the prior trading day, Empire State Realty Trust Inc (NYSE: ESRT) closed at $10.06, down -2.33%. In other words, the price has decreased by -$2.33 from its previous closing price. On the day, 0.9 million shares were traded. ESRT stock price reached its highest trading level at $10.51 during the session, while it also had its lowest trading level at $10.055.

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 3.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.63. 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 18 ’24 when Durels Thomas P. sold 3,193 shares for $10.90 per share. The transaction valued at 34,804 led to the insider holds 96,807 shares of the business.

Durels Thomas P. bought 3,193 shares of ESRT for $34,804 on Dec 18 ’24.

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 2896354560 and an Enterprise Value of 4484509696. As of this moment, Empire’s Price-to-Earnings (P/E) ratio for their current fiscal year is 36.90. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 19.42. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.20 while its Price-to-Book (P/B) ratio in mrq is 1.65. Its current Enterprise Value per Revenue stands at 5.876 whereas that against EBITDA is 13.646.

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 -7.92%, while the 200-Day Moving Average is calculated to be -1.15%.

Shares Statistics:

The stock has traded on average 1.15M shares per day over the past 3-months and 1049600 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 135.80M. Insiders hold about 18.56% of the company’s shares, while institutions hold 72.17% stake in the company. Shares short for ESRT as of 1732838400 were 4813632 with a Short Ratio of 4.20, compared to 1730332800 on 4531092. Therefore, it implies a Short% of Shares Outstanding of 4813632 and a Short% of Float of 4.1300002000000005.

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 0.013592233The stock’s 5-year Average Dividend Yield is 2.28.

Most Popular