Empire State Realty Stock Today
| ESBA Stock | USD 9.35 0.11 1.19% |
Performance0 of 100
| Odds Of DistressLess than 3
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Empire State is trading at 9.35 as of the 24th of April 2024, a 1.19 percent increase since the beginning of the trading day. The stock's open price was 9.24. Empire State has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Empire State Realty are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of May 2022 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Equity Real Estate Investment Trusts (REITs) | IPO Date 2nd of October 2013 | Category Real Estate |
Empire State Realty OP, L.P. operates as a subsidiary of Empire State Realty Trust, Inc. Empire State operates under REITOffice classification in the United States and is traded on AMEX Exchange. It employs 693 people. The company has 19.5 M outstanding shares of which 741 shares are currently shorted by private and institutional investors with about 0.14 trading days to cover. More on Empire State Realty
Moving together with Empire Stock
| 0.62 | EGP | EastGroup Properties Earnings Call Today | PairCorr |
Moving against Empire Stock
| 0.42 | AHT-PD | Ashford Hospitality Trust | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
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Empire Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Empire State's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Empire State or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Peter Malkin | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Diversified REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, Real Estate, Diversified REITs, REIT—Office, Real Estate (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from Empire State's historical financial statements, Empire State Realty is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in May. Financial strength of Empire State Realty is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Empire State's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Empire State's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Empire State's financial leverage. It provides some insight into what part of Empire State's total assets is financed by creditors.
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Empire State Realty (ESBA) is traded on NYSE ARCA Exchange in USA. It is located in 111 West 33rd Street, New York, NY, United States, 10120 and employs 666 people. Empire State is listed under Diversified REITs category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.5 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Empire State's market, we take the total number of its shares issued and multiply it by Empire State's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Empire State Realty conducts business under Diversified REITs sector and is part of Real Estate industry. The entity has 19.5 M outstanding shares of which 741 shares are currently shorted by private and institutional investors with about 0.14 trading days to cover.
Empire State Realty currently holds about 363.51 M in cash with 232.49 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.32.
Check Empire State Probability Of Bankruptcy
Ownership AllocationEmpire State holds a total of 19.5 Million outstanding shares. Roughly 95.0 percent of Empire State outstanding shares are held by general public with 5.36 % by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Empire Ownership Details
Empire Stock Price Odds Analysis
What are Empire State's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Empire State jumping above the current price in 90 days from now is about 79.34%. The Empire State Realty probability density function shows the probability of Empire State stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Empire State has a beta of 0.5217 suggesting as returns on the market go up, Empire State average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Empire State Realty will be expected to be much smaller as well. Additionally, empire State Realty has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Empire State to move above the current price in 90 days from now is about 79.34 (This Empire State Realty probability density function shows the probability of Empire Stock to fall within a particular range of prices over 90 days) .
Empire State Historical Income Statement
Empire State Realty Income Statement is one of the three primary financial statements used for reporting Empire's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Empire State Realty revenue and expense. Empire State Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Empire State's Gross Profit is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 149.1 M, whereas Depreciation And Amortization is forecasted to decline to about 142.2 M. View More FundamentalsEmpire Stock Against Markets
Picking the right benchmark for Empire State stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Empire State stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Empire State is critical whether you are bullish or bearish towards Empire State Realty at a given time. Please also check how Empire State's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Empire State without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Empire State Corporate Directors
Empire State corporate directors refer to members of an Empire State board of directors. The board of directors generally takes responsibility for the Empire State's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Empire State's board members must vote for the resolution. The Empire State board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Thomas Durels | Executive VP of Empire State Realty Trust, Inc and Director of Leasing and Operations | Profile | |
| James Robinson | Independent Director of the General Partner | Profile | |
| William Berkman | Independent Director of the General Partner | Profile | |
| Steven Gilbert | Independent Director of the General Partner | Profile |
How to buy Empire Stock?
Before investing in Empire State, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Empire State. To buy Empire State stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Empire State. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Empire State stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Empire State Realty stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Empire State Realty stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Empire State Realty, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Empire Stock please use our How to Invest in Empire State guide.
Already Invested in Empire State Realty?
The danger of trading Empire State Realty is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Empire State is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Empire State. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Empire State Realty is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Empire State Realty is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Empire Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Empire State Realty Stock. Highlighted below are key reports to facilitate an investment decision about Empire State Realty Stock: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Empire State Realty. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Empire State Realty information on this page should be used as a complementary analysis to other Empire State's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for Empire Stock analysis
When running Empire State's price analysis, check to measure Empire State's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Empire State is operating at the current time. Most of Empire State's value examination focuses on studying past and present price action to predict the probability of Empire State's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Empire State's price. Additionally, you may evaluate how the addition of Empire State to your portfolios can decrease your overall portfolio volatility.
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Is Empire State's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Empire State. If investors know Empire will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Empire State listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.36) | Dividend Share 0.14 | Earnings Share 0.3 | Revenue Per Share 2.81 | Quarterly Revenue Growth 0.064 |
The market value of Empire State Realty is measured differently than its book value, which is the value of Empire that is recorded on the company's balance sheet. Investors also form their own opinion of Empire State's value that differs from its market value or its book value, called intrinsic value, which is Empire State's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Empire State's market value can be influenced by many factors that don't directly affect Empire State's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Empire State's value and its price as these two are different measures arrived at by different means. Investors typically determine if Empire State is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Empire State's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.