Empire State Realty Trust Inc. (NYSE: ESRT) is -19.44% lower on its value in year-to-date trading and has touched a low of $6.53 and a high of $11.07 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ESRT stock was last observed hovering at around $7.31 in the last trading session, with the day’s loss setting it -0.14% off its average median price target of $8.50 for the next 12 months. It is also 30.05% off the consensus price target high of $10.25 offered by 8 analysts, but current levels are -30.36% lower than the price target low of $5.50 for the same period.
Currently trading at $7.17, the stock is -1.27% and -5.28% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.04 million and changing -1.92% at the moment leaves the stock -15.09% off its SMA200. ESRT registered -26.23% loss for a year compared to 6-month loss of -27.36%.
The stock witnessed a -1.92% gain in the last 1 month and extending the period to 3 months gives it a 3.02%, and is -1.10% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.85% over the week and 2.93% over the month.
Empire State Realty Trust Inc. (ESRT) has around 693 employees, a market worth around $1.13B and $687.40M in sales. Fwd P/E is 39.83. Profit margin for the company is 1.20%. Distance from 52-week low is 9.80% and -35.23% from its 52-week high. The company has generated returns on investments over the last 12 months (2.40%).
Empire State Realty Trust Inc. (ESRT) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Empire State Realty Trust Inc. (ESRT) is a “Hold”. 8 analysts offering their recommendations for the stock have an average rating of 3.00, where 5 rate it as a Hold and 1 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
The EPS is expected to grow by 35.00% this year
Empire State Realty Trust Inc. (ESRT) Top Institutional Holders
The shares outstanding are 167.12M, and float is at 162.47M with Short Float at 7.36%.
Empire State Realty Trust Inc. (ESRT) Insider Activity
A total of 0 insider transactions have happened at Empire State Realty Trust Inc. (ESRT) in the last six months, with sales accounting for 0 and purchases happening 0 times.
Empire State Realty Trust Inc. (ESRT): Who are the competitors?
The company’s main competitors (and peers) include Veris Residential Inc. (VRE) that is trading -21.84% down over the past 12 months and LXP Industrial Trust (LXP) that is -26.18% lower over the same period. Highwoods Properties Inc. (HIW) is -34.34% down on the 1-year trading charts.