How to Buy Empire State Realty Op Stock
Empire State Realty Op LP
Empire State Realty OP, L. P. is a self-administered and self-managed real estate investment trust.
Empire State Realty Op stock last closed at $9.34, down 0.11% from the previous day, and has increased 66.79% in one year. It has overperformed other stocks in the REIT - Office industry by 0.56 percentage points. Empire State Realty Op stock is currently +83.89% from its 52-week low of $5.08, and -11.05% from its 52-week high of $10.50.
As of Apr 24, 2024, there are 27.13M ESBA shares outstanding. The market capitalization of ESBA is $253.39M. In the last 24 hours, 8177 ESBA shares were traded.
How to Buy Empire State Realty Op Stock
Not sure how to invest in Empire State Realty Op stock? Here's how.
- Decide where to buy Empire State Realty Op stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you figure out where to buy Empire State Realty Op stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Choose your method of payment and add your information.
- Research Empire State Realty Op stock: The Empire State Realty Op ticker symbol is ESBA. Is Empire State Realty Op stock a good investment? Should you buy shares of ESBA? How do ESBA's underlying business fundamentals look? Do top analysts think Empire State Realty Op is a good buy? Why has ESBA's stock price moved recently? (Hint: Our stock research tools can help you understand if ESBA is a good stock to buy).
- Execute your ESBA trade: Decide if you will purchase ESBA shares at the current market price or use a limit order to purchase ESBA stock at a specific price.
- Get key alerts regarding your ESBA position: Create a watchlist to important updates regarding your investment in Empire State Realty Op shares.
Step 1: Decide where to buy Empire State Realty Op stock
You need a brokerage account in order to access the NYSEARCA market and buy ESBA stock.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen the best brokerage, you need to fill out some personal details so you can invest in ESBA stock today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to open a new brokerage account.
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Step 3: Put funds into your brokerage account
Now that you've finished signing up on our top ranked stock app, you can securely and quickly fund your account:
Check out the video below if you need help transferring funds into your brokerage account.
Step 4: Research Empire State Realty Op stock
Once you have decided on the best place to buy Empire State Realty Op stock, it's important to evaluate their stock prior to investing, so you truly understand the risk and upside.
Empire State Realty Op stock quick numbers
Empire State Realty Op Fundamentals
WallStreetZen was built to help everyday investors perform more in-depth fundamental analysis in less time.
You can view all of the due diligence checks on ESBA's stock page.
How is ESBA stock valued?
Investors use many financial metrics, analyses, models, and charts to gauge ESBA's true value.
Using relative valuations metrics:
- ESBA could be undervalued based on its P/E ratio of 31.13x, relative to REIT - Office industry P/E ratio of 56.63x
- ESBA may be undervalued based on its P/B ratio of 0.15x, relative to REIT - Office industry P/B ratio of 0.9x
You can do additional valuation analysis on ESBA's stock here.
ESBA Financial Health Summary
Signs that ESBA is financially healthy:
- ESBA profit margin has gone up from 8.2% to 10.8% in the past year.
Signs that ESBA is not financially healthy:
- Total ESBA debt is higher than 5 years ago, relative to shareholder equity.
- ESBA earnings of $188.54M is not sufficient to cover its interest payments.
- ESBA's operating cash flow of $232.49M allows it to safely service it's debt of $2.24B.
- ESBA has a relatively high debt to equity ratio of 1.45.
Metrics for Advanced ESBA Traders
Is ESBA Making Money?
Last year, ESBA earnings were $80.14M. During the last 5 year, ESBA's earnings have gone up by -5.11% per year. This was faster than the REIT - Office industry average of -13.67%.
Last year, ESBA revenue was $739.57M. During the last five year, ESBA's revenue has grown by 0.22% per year. This was slower than the REIT - Office industry average of 6.88%.
Find out more about ESBA's earnings and revenue performance here.
Who is buying/selling ESBA?
Over the past 12 months, insiders at ESBA have not bought or sold any shares.
Learn more about who owns ESBA shares here.
Does ESBA provide a stable income stream?
Empire State Realty Op pays a dividend of 1.5%, compared to the REIT - Office industry's average dividend yield of 6.6%. If you owned $1,000 of ESBA stock, you would have received $14.99 last year.
Empire State Realty Op dividend payments have not consistently grown over the past decade and have not remained stable.
Get more data about Empire State Realty Op dividend yield and history here.
What do other traders have to say about ESBA?
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Execute your ESBA trade
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually fine for most investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at an exact price, use a limit order.
Hit the Open button and eToro will place your order.
If you want additional help with investing in stocks on eToro, click the helpful video below:
Step 6: Get key alerts regarding your ESBA position
Now that you own some shares in ESBA, you'll want to keep up with your new shares.
Make a watchlist to track the most important metrics related to your ESBA stock.
ESBA Feed
How to Buy Stock in Empire State Realty Op
To summarize, here are the 6 steps to buy Empire State Realty Op stock:
- Decide where to buy Empire State Realty Op stock
- Open your brokerage account
- Put funds into your brokerage account
- Research Empire State Realty Op stock
- Execute your ESBA trade
- Get key alerts regarding your ESBA position
If you need a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to watch your new investment in Empire State Realty Op, click the button below.
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