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Empire State Realty Trust is a reit - diversified business based in the US. Empire State Realty Trust shares (ESRT) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $10.78 – an increase of 2.28% over the previous week. Empire State Realty Trust employs 666 staff and has a trailing 12-month revenue of around $763.2 million.
What's in this guide?
- ESRT shares summary
- Compare share dealing platforms
- Is ESRT stock a buy or sell?
- Stock performance over time
- Can I short ESRT shares?
- Are ESRT shares over-valued?
- Empire State Realty Trust's financials
- How volatile are ESRT shares?
- Does Empire State Realty Trust pay a dividend?
- Other common questions
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Empire State Realty Trust stock price (NYSE: ESRT)
Use our graph to track the performance of ESRT stocks over time.Empire State Realty Trust shares at a glance
Latest market close | $10.78 |
---|---|
52-week range | $8.27 - $11.62 |
50-day moving average | $10.86 |
200-day moving average | $10.03 |
Wall St. target price | $11.12 |
PE ratio | 39.2593 |
Dividend yield | $0.14 (1.32%) |
Earnings per share (TTM) | $0.27 |
Is it a good time to buy Empire State Realty Trust stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Empire State Realty Trust price performance over time
Historical closes compared with the close of $10.9 from 2024-11-19
1 week (2024-11-14) | 3.42% |
---|---|
1 month (2024-10-21) | -2.77% |
3 months (2024-08-21) | 6.86% |
6 months (2024-05-21) | 16.58% |
1 year (2023-11-21) | 25.43% |
---|---|
2 years (2022-11-21) | 50.45% |
3 years (2021-11-19) | 15.91% |
5 years (2019-11-21) | 12.7044 |
Is Empire State Realty Trust stock undervalued or overvalued?
Valuing Empire State Realty Trust stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Empire State Realty Trust's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Empire State Realty Trust's P/E ratio
Empire State Realty Trust's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 39x. In other words, Empire State Realty Trust shares trade at around 39x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Empire State Realty Trust's PEG ratio
Empire State Realty Trust's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 7.6332. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Empire State Realty Trust's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Empire State Realty Trust's EBITDA
Empire State Realty Trust's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $328.6 million.
The EBITDA is a measure of a Empire State Realty Trust's overall financial performance and is widely used to measure a its profitability.
Empire State Realty Trust financials
Revenue TTM | $763.2 million |
---|---|
Operating margin TTM | 22.72% |
Gross profit TTM | $385.7 million |
Return on assets TTM | 2.26% |
Return on equity TTM | 4.43% |
Profit margin | 6.5% |
Book value | $6.10 |
Market Capitalization | $3.1 billion |
TTM: trailing 12 months
Empire State Realty Trust share dividends
Dividend payout ratio: 51.85% of net profits
Recently Empire State Realty Trust has paid out, on average, around 100% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Empire State Realty Trust shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Empire State Realty Trust's case, that would currently equate to about $0.14 per share.
Empire State Realty Trust's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Empire State Realty Trust's most recent dividend payout was on 29 September 2024. The latest dividend was paid out to all shareholders who bought their shares by 15 September 2024 (the "ex-dividend date").
Empire State Realty Trust share price volatility
Over the last 12 months, Empire State Realty Trust's shares have ranged in value from as little as $8.2718 up to $11.62. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Empire State Realty Trust's is 1.42. This would suggest that Empire State Realty Trust's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Empire State Realty Trust overview
Empire State Realty Trust, Inc. (NYSE: ESRT) is a NYC-focused REIT that owns and operates a portfolio of modernized, amenitized, and well-located office, retail, and multifamily assets. The company is the recognized leader in energy efficiency and indoor environmental quality. ESRT's flagship Empire State Building - the World's Most Famous Building - includes its Observatory, Tripadvisor's 2023 Travelers' Choice Awards: Best of the Best the #1 attraction in the US for two consecutive years. As of September 30, 2023, ESRT's portfolio is comprised of approximately 8. 6 million rentable square feet of office space, 0. 7 million rentable square feet of retail space and 727 residential units across three multifamily properties.
Frequently asked questions
nullWhat percentage of Empire State Realty Trust is owned by insiders or institutions?
Currently 0.051% of Empire State Realty Trust shares are held by insiders and 87.152% by institutions. How many people work for Empire State Realty Trust?
Latest data suggests 666 work at Empire State Realty Trust. When does the fiscal year end for Empire State Realty Trust?
Empire State Realty Trust's fiscal year ends in December. Where is Empire State Realty Trust based?
Empire State Realty Trust's address is: 111 West 33rd Street, New York, NY, United States, 10120-1220 What is Empire State Realty Trust's ISIN number?
Empire State Realty Trust's international securities identification number is: US2921041065 What is Empire State Realty Trust's CUSIP number?
Empire State Realty Trust's Committee on Uniform Securities Identification Procedures number is: 292104106
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