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In the latest session, Empire State Realty Trust Inc (NYSE: ESRT) closed at $10.11 down -0.49% from its previous closing price of $10.16. In other words, the price has decreased by -$0.49 from its previous closing price. On the day, 1.26 million shares were traded. ESRT stock price reached its highest trading level at $10.145 during the session, while it also had its lowest trading level at $9.97.
Ratios:
For a deeper understanding of Empire State Realty Trust Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.89 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.10. In the meantime, Its Debt-to-Equity ratio is 2.51 whereas as Long-Term Debt/Eq ratio is at 2.51.
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.
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 2922669568 and an Enterprise Value of 3629062144. As of this moment, Empire’s Price-to-Earnings (P/E) ratio for their current fiscal year is 38.87. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 21.59. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.21 while its Price-to-Book (P/B) ratio in mrq is 1.67. Its current Enterprise Value per Revenue stands at 4.806 whereas that against EBITDA is 11.19.
Stock Price History:
Over the past 52 weeks, ESRT has reached a high of $11.20, while it has fallen to a 52-week low of $7.25. The 50-Day Moving Average of the stock is -1.92%, while the 200-Day Moving Average is calculated to be 3.76%.
Shares Statistics:
For the past three months, ESRT has traded an average of 1.17M shares per day and 1277980 over the past ten days. A total of 162.06M shares are outstanding, with a floating share count of 134.06M. Insiders hold about 18.76% of the company’s shares, while institutions hold 70.94% stake in the company. Shares short for ESRT as of 1723680000 were 5023043 with a Short Ratio of 4.29, compared to 1721001600 on 5986002. Therefore, it implies a Short% of Shares Outstanding of 5023043 and a Short% of Float of 4.35.
Dividends & Splits
According to the company, the forward annual dividend rate for ESRT is 0.14, from 0.14 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0137795275The stock’s 5-year Average Dividend Yield is 2.37.
