Empire State Realty Trust Inc (ESRT) concluded trading on Wednesday at a closing price of $8.66, with 4.99 million shares of worth about $43.25 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -19.74% during that period and on March 05, 2025 the price saw a gain of about 1.29%. Currently the company’s common shares owned by public are about 166.41M shares, out of which, 136.50M shares are available for trading.
Stock saw a price change of -3.56% in past 5 days and over the past one month there was a price change of -8.75%. Year-to-date (YTD), ESRT shares are showing a performance of -16.09% which decreased to -11.90% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $8.53 but also hit the highest price of $11.62 during that period. The average intraday trading volume for Empire State Realty Trust Inc shares is 1.20 million. The stock is currently trading -4.56% below its 20-day simple moving average (SMA20), while that difference is down -8.91% for SMA50 and it goes to -14.81% lower than SMA200.
Empire State Realty Trust Inc (NYSE: ESRT) currently have 166.41M outstanding shares and institutions hold larger chunk of about 74.26% of that.
The stock has a current market capitalization of $1.45B and its 3Y-monthly beta is at 1.37. PE ratio of stock for trailing 12 months is 33.49, while it has posted earnings per share of $0.26 in the same period. It has a debt-to-equity ratio of 2.24. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ESRT, volatility over the week remained 3.52% while standing at 2.66% over the month.
Coverage by Evercore ISI stated Empire State Realty Trust Inc (ESRT) stock as an Outperform in their note to investors on May 23, 2023, suggesting a price target of $8 for the stock. On April 12, 2023, Evercore ISI Downgrade their recommendations, while on March 03, 2023, BMO Capital Markets Upgrade their ratings for the stock with a price target of $9. Stock get a Buy rating from BofA Securities on March 01, 2023.
