The Street Is Finally Waking Up To Empire State Realty Trust Inc (NYSE: ESRT)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

Empire State Realty Trust Inc is listed on the NYSE as a member of the Real Estate sector and is a part of the REIT – Diversified industry. The current market capitalization of Empire State Realty Trust Inc is $1.59B. A total of 1.11 million shares were traded on the day, compared to an average of 1.13M shares.

In the most recent transaction, Durels Thomas P. sold 10,000 shares of ESRT for 10.10 per share on Dec 24 ’24. After the transaction, the EVP, Real Estate now owns 86,807 company shares. In a previous transaction on Dec 24 ’24, Durels Thomas P. bought 10,000 shares at 10.10 per share.

Among the insiders who sold shares, Durels Thomas P. disposed of 3,193 shares on Dec 18 ’24 at a per-share price of $10.90. This resulted in the EVP, Real Estate holding 96,807 shares of ESRT after the transaction. In another insider transaction, Durels Thomas P. bought 3,193 shares at $10.90 per share on Dec 18 ’24.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Empire State Realty Trust Inc pays an annual dividend of $0.14, resulting in a dividend yield of 1.47%, and it has a price to earnings (P/E) ratio of 34.96. ESRT’s most recent ex-dividend date was 1.29% when it declared a $0.0350 quarterly dividend that was paid in cash on 12/16/2024. Previously, the company paid the dividend on 9/16/2024 with an ex-dividend date of 1.3%. The ESRT stock dividend was $0.0350 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, ESRT has a high of $11.62 and a low of $8.78.

As of this writing, ESRT has an earnings estimate of $0 per share for the current quarter.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. ESRT’s latest balance sheet shows that the firm has $423.69M in Cash & Short Term Investments as of fiscal 2021. There were $2.34B in debt and $568.08M in liabilities at the time. Its Book Value Per Share was $6.10, while its Total Shareholder’s Equity was $1.68B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ESRT is Buy with a score of 3.00.

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