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Empire State Realty Trust, Inc is currently in a long term uptrend where the price is trading 17.3% above its 200 day moving average.
From a valuation standpoint, the stock is 46.5% cheaper than other stocks from the Real Estate sector with a price to sales ratio of 5.3.
Empire State Realty Trust, Inc's total revenue sank by 22.3% to $151M since the same quarter in the previous year.
Its net income has dropped by 95.3% to $840K since the same quarter in the previous year.
Finally, its free cash flow grew by 58.2% to $-11M since the same quarter in the previous year.
Based on the above factors, Empire State Realty Trust, Inc gets an overall score of 3/5.
ISIN | US2921041065 |
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CurrencyCode | USD |
Exchange | NYSE |
Industry | REIT-Diversified |
Sector | Real Estate |
Beta | 1.21 |
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PE Ratio | 28.05 |
Target Price | 7.75 |
Dividend Yield | 2.3% |
Market Cap | 2B |
Empire State Realty Trust, Inc. (NYSE: ESRT), a leading real estate investment trust (REIT), owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the greater New York metropolitan area, including the Empire State Building, the "World's Most Famous Building." Headquartered in New York, New York, the Company's office and retail portfolio covers 10.1 million rentable square feet, as of September 30, 2020, consisting of 9.4 million rentable square feet in 14 office properties, including nine in Manhattan, three in Fairfield County, Connecticut, and two in Westchester County, New York; and approximately 700,000 rentable square feet in the retail portfolio. Long the leader in energy efficiency retrofits and Indoor Environmental Quality, Empire State Realty Trust is the first commercial real estate portfolio in the U.S. to achieve the WELL Health-Safety Rating.
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