At the end of the latest market close, Empire State Realty Trust Inc. (ESRT) was valued at $9.69. In that particular session, Stock kicked-off at the price of $9.73 while reaching the peak value of $9.79 and lowest value recorded on the day was $9.66. The stock current value is $9.65.Recently in News on January 11, 2022, Empire State Realty Trust Announces Dates for Fourth Quarter 2021 Earnings Release and Conference Call. Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”), a NYC-focused REIT that owns and manages a well-positioned property portfolio of office, retail and multifamily assets in Manhattan and the greater New York metropolitan area, today announced that it will release its fourth quarter 2021 financial results on Wednesday, February 16, 2022 after close of markets on the New York Stock Exchange. A conference call will be held on Thursday, February 17, 2022 at 12:00 p.m. Eastern Time. You can read further details here
Empire State Realty Trust Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $10.49 on 01/07/22, with the lowest value was $8.91 for the same time period, recorded on 01/03/22.
Empire State Realty Trust Inc. (ESRT) full year performance was 5.44%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Empire State Realty Trust Inc. shares are logging -26.39% during the 52-week period from high price, and 15.43% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $8.36 and $13.11.
The company’s shares, operating in the sector of Real Estate managed to top a trading volume set approximately around 894039 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Empire State Realty Trust Inc. (ESRT) recorded performance in the market was 8.88%, having the revenues showcasing -10.61% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 1.67B, as it employees total of 755 workers.
Analysts verdict on Empire State Realty Trust Inc. (ESRT)
During the last month, 2 analysts gave the Empire State Realty Trust Inc. a BUY rating, 1 of the polled analysts branded the stock as an OVERWEIGHT, 5 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 1 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 9.91, with a change in the price was noted -0.56. In a similar fashion, Empire State Realty Trust Inc. posted a movement of -5.54% for the period of last 100 days, recording 1,857,802 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for ESRT is recording 2.06 at the time of this writing. In addition, long term Debt to Equity ratio is set at 2.06.
Empire State Realty Trust Inc. (ESRT): Technical Analysis
Raw Stochastic average of Empire State Realty Trust Inc. in the period of last 50 days is set at 53.24%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 59.86%. In the last 20 days, the company’s Stochastic %K was 62.99% and its Stochastic %D was recorded 67.84%.
Let’s take a glance in the erstwhile performances of Empire State Realty Trust Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 8.88%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -18.78%, alongside a boost of 5.44% for the period of the last 12 months. The shares increased approximately by 1.79% in the 7-day charts and went down by 7.55% in the period of the last 30 days. Common stock shares were lifted by -10.61% during last recorded quarter.