Empire State Realty Trust Inc (NYSE: ESRT)’s stock price has plunge by 0.00relation to previous closing price of 9.55. Nevertheless, the company has seen a -4.50% plunge in its stock price over the last five trading sessions. seekingalpha.com reported 2024-12-31 that Over 15 years, I’ve seen the REIT sector evolve, allowing small investors to own diverse properties like cell towers, data centers, and casinos. Inspired by Warren Buffett, I analyze REITs by their competitive advantages and financials, focusing on those with wide moats and trading at a margin of safety. My Top 10 REITs for 2025 include EastGroup, Terreno Realty, Rexford Industrial, VICI Properties, American Tower, Realty Income, Ryman Hospitality, Alexandria Real Estate, Americold, and NNN REIT.
Is It Worth Investing in Empire State Realty Trust Inc (NYSE: ESRT) Right Now?
Empire State Realty Trust Inc (NYSE: ESRT) has a higher price-to-earnings ratio of 35.03x compared to its average ratio, The 36-month beta value for ESRT is at 1.43. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 1 rating it as “overweight,” 5 as “hold,” and 1 as “sell.”
The public float for ESRT is 135.71M, and currently, shorts hold a 2.99% of that float. The average trading volume for ESRT on January 15, 2025 was 1.14M shares.
ESRT’s Market Performance
ESRT stock saw a decrease of -4.50% in the past week, with a monthly decline of -13.96% and a quarterly a decrease of -13.42%. The volatility ratio for the week is 2.41%, and the volatility levels for the last 30 days are 2.75% for Empire State Realty Trust Inc (ESRT). The simple moving average for the last 20 days is -6.27% for ESRT stock, with a simple moving average of -6.30% for the last 200 days.
Analysts’ Opinion of ESRT
Evercore ISI, on the other hand, stated in their research note that they expect to see ESRT reach a price target of $8, previously predicting the price at $7. The rating they have provided for ESRT stocks is “Outperform” according to the report published on May 23rd, 2023.
Evercore ISI gave a rating of “In-line” to ESRT, setting the target price at $7 in the report published on April 12th of the previous year.
ESRT Trading at -9.98% from the 50-Day Moving Average
After a stumble in the market that brought ESRT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -17.81% of loss for the given period.
Volatility was left at 2.75%, however, over the last 30 days, the volatility rate increased by 2.41%, as shares sank -14.43% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.41% lower at present.
During the last 5 trading sessions, ESRT fell by -4.50%, which changed the moving average for the period of 200-days by -4.21% in comparison to the 20-day moving average, which settled at $10.19. In addition, Empire State Realty Trust Inc saw -7.46% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ESRT starting from Durels Thomas P., who sale 10,000 shares at the price of $10.10 back on Dec 24 ’24. After this action, Durels Thomas P. now owns 86,807 shares of Empire State Realty Trust Inc, valued at $101,000 using the latest closing price.
Durels Thomas P., the Officer of Empire State Realty Trust Inc, proposed sale 10,000 shares at $10.10 during a trade that took place back on Dec 24 ’24, which means that Durels Thomas P. is holding shares at $101,024 based on the most recent closing price.
Stock Fundamentals for ESRT
Current profitability levels for the company are sitting at:
- 0.21 for the present operating margin
- 0.36 for the gross margin
The net margin for Empire State Realty Trust Inc stands at 0.06. The total capital return value is set at 0.04. Equity return is now at value 4.95, with 1.15 for asset returns.
Based on Empire State Realty Trust Inc (ESRT), the company’s capital structure generated 0.71 points at debt to capital in total, while cash flow to debt ratio is standing at 0.01. The debt to equity ratio resting at 2.45. The interest coverage ratio of the stock is 1.45.
Currently, EBITDA for the company is 336.62 million with net debt to EBITDA at 5.97. When we switch over and look at the enterprise to sales, we see a ratio of 4.78. The receivables turnover for the company is 1.71for trailing twelve months and the total asset turnover is 0.17.
Conclusion
In conclusion, Empire State Realty Trust Inc (ESRT) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
