In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
Empire State Realty Trust Inc (NYSE: ESRT) closed the day trading at $8.49 down -1.96% from the previous closing price of $8.66. In other words, the price has decreased by -$1.96 from its previous closing price. On the day, 1.22 million shares were traded.
Ratios:
For a better understanding of ESRT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.18. In the meantime, Its Debt-to-Equity ratio is 2.24 whereas as Long-Term Debt/Eq ratio is at 2.14.
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:
As of this moment, Empire’s Price-to-Earnings (P/E) ratio for their current fiscal year is 32.83. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.85 while its Price-to-Book (P/B) ratio in mrq is 1.38.
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 $8.49. The 50-Day Moving Average of the stock is -10.40%, while the 200-Day Moving Average is calculated to be -16.43%.
Shares Statistics:
A total of 166.41M shares are outstanding, with a floating share count of 136.50M. Insiders hold about 18.61% of the company’s shares, while institutions hold 74.26% stake in the company.
