ESRT (NYSE:ESRT) Target Lowered by KeyCorp to $13.00

ESRT stock has undergone multiple analysts rating changes in the recent past.  stock Target Lowered by KeyCorp on 10/14/2021. In a note to investors, the firm issued a new target price of $13.00. The analysts previously had $14.00 target price. KeyCorp’s price target would indicate a potential upside of 19.93% from the stock’s previous close.

Shares of traded on Wednesday, reaching $10.91. 63522 shares of the stock traded hands, compared to its average volume of 1481964. On Wednesday, Shares of closed at $10.91. The firm’s 50 day moving average is $10.28 and its 200 day moving average is $10.95.  has a 12 month low of $5.19 and a 12 month high of $13.11. While on yearly highs and lows, today has traded high as $10.94 and has touched $10.78 on the downward trend.

Earnings and What to expect: 

Empire State Realty Trust last posted its earnings data on July 28th, 2021. The real estate investment trust reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.14 by $0.13. Empire State Realty Trust has generated $0.62 earnings per share over the last year (($0.06) diluted earnings per share). Earnings for Empire State Realty Trust are expected to grow by 24.19% in the coming year, from $0.62 to $0.77 per share. Empire State Realty Trust has confirmed that its next quarterly earnings report will be published on Wednesday, October 27th, 2021. Empire State Realty Trust will be holding an earnings conference call on Thursday, October 28th at 12:00 PM Eastern. Interested parties can or dial in at 412-317-6671 with passcode “13723868”.

Earnings for Empire State Realty Trust are expected to grow by 24.19% in the coming year, from $0.62 to $0.77 per share. The P/E ratio of Empire State Realty Trust is -180.64, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Empire State Realty Trust is -180.64, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Empire State Realty Trust has a PEG Ratio of 2.45. PEG Ratios above 1 indicate that a company could be overvalued. Empire State Realty Trust has a P/B Ratio of 1.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

(NYSE:ESRT) Moving Average Technical Analysis

5 day Moving Average is $$10.57 And 5 day price change is $0.48 (4.63%)  with average volume for 5 day average is 849,240. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $10.20 and 20 day price change is $0.92 (9.27%) and average 20 day moving volume is 1,476,245. 50 day moving average is $10.28  and 50 day price change is $0.07 ( 0.65%)  and with average volume for 50 days is : 1,362,090. 200 day moving average is $10.95  and 200 day price change is $1.19 (12.33%)  and with average volume for 200 days is : 1,645,141.

Other owners latest trading in ESRT :

  • On 10/7/2021 shares held by State of Alaska Department of Revenue were 73,914 which equates to market value of $0.74M and appx 0.00% owners of ESRT
  • On 9/3/2021 shares held by Parametric Portfolio Associates LLC were 1,013,213 which equates to market value of $12.16M and appx 0.00% owners of ESRT
  • On 8/25/2021 shares held by Heitman Real Estate Securities LLC were 510,176 which equates to market value of $6.12M and appx 0.30% owners of ESRT
  • In total Institutional ownership equates to Institutional Ownership Percentage: 80.68% for ESRT

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