How to Buy Empire State Realty Trust Stock
Empire State Realty Trust Inc
Empire State Realty Trust is a diversified REIT company located in New York, United States, which is part of the Real Estate sector, and is traded under the ticker ESRT on the NYSE exchange.
Empire State Realty Trust stock last closed at $9.36, down 1.27% from the previous day, and has increased 54.46% in one year. It has overperformed other stocks in the REIT - Diversified industry by 0.65 percentage points. Empire State Realty Trust stock is currently +72.38% from its 52-week low of $5.43, and -9.3% from its 52-week high of $10.32.
At the moment, there are 164.07M ESRT shares outstanding. The market capitalization of ESRT is $1.54B. In the past 24 hours, 1.09M ESRT shares were traded.
How to Buy Empire State Realty Trust Stock
Wondering how to invest in Empire State Realty Trust stock? Here's how.
- Choose where to buy Empire State Realty Trust stock: You need to pick an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you figure out where to buy Empire State Realty Trust stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your investment account: Choose your payment method and add your details.
- Research Empire State Realty Trust stock: The Empire State Realty Trust ticker symbol is ESRT. Is Empire State Realty Trust stock a good investment? Should you buy shares of ESRT? How do ESRT's underlying business fundamentals look? Do top analysts think Empire State Realty Trust is a good buy? Why has ESRT's stock price moved recently? (Hint: Our stock research tools can help you figure out if ESRT is a good stock to buy).
- Place your ESRT trade: Decide if you will purchase ESRT shares at the current market price or use a limit order to buy ESRT stock at a given price.
- Get the latest scoop on your ESRT position: Create a watchlist to keep tabs on your investment in Empire State Realty Trust stock.
Step 1: Choose where to buy Empire State Realty Trust stock
You need a brokerage account to access the NYSE market and buy ESRT stock.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected the right brokerage, you need to fill out some personal details so you can buy ESRT today.
How to Open a New 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 your new brokerage account.
- Submit your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've finished signing up on the best stock trading app, your next step is to transfer the money for your investment:
Watch the video below if you need help transferring money into your new investment account.
Step 4: Research Empire State Realty Trust stock
Once you have selected the best place to buy Empire State Realty Trust stock, it's important to research their stock prior to buying, so you actually wrap your head around the risk and opportunity.
Empire State Realty Trust stock data
ESRT Zen Score
WallStreetZen was designed to help part-time investors do better fundamental analysis in less time.
You can see all of the due diligence checks on ESRT's stock page.
What is the fair value of ESRT stock?
You can use many financial metrics, analyses, models, and charts to gauge ESRT's true value.
Using relative valuations ratios:
- ESRT could be overvalued based on its P/E ratio of 31.2x, relative to REIT - Diversified industry P/E ratio of 12.54x
- ESRT could be overvalued based on its P/B ratio of 1.56x, relative to REIT - Diversified industry P/B ratio of 1.13x
You can access more valuation analysis on ESRT's stock here.
ESRT Financial Health
Passed Financial Due Diligence Checks:
- ESRT profit margin has gone up from 5% to 6.6% in the past year.
Failed Financial Due Diligence Checks:
- ESRT has a relatively high debt to equity ratio of 2.53.
- ESRT earnings of $157.44M is not enough to cover its interest payments.
- ESRT's operating cash flow of $232.49M allows it to safely service it's debt of $2.24B.
- Total ESRT debt is higher than 5 years ago, relative to shareholder equity.
Do Wall Street analysts think it's a good time to buy ESRT stock
Out of 1 sell side analysts who monitor ESRT, the consensus analyst rating on Empire State Realty Trust is a Hold
Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the Empire State Realty Trust stock forecast page.
ESRT Technicals
ESRT Revenue
Last year, ESRT earnings were $49.04M. During the last five year, ESRT's earnings have increased by -5.11% per year. This was slower than the REIT - Diversified industry average of 7.44%.
Last year, ESRT revenue was $739.57M. During the last 5 year, ESRT's revenue has gone up by 0.22% per year. This was slower than the REIT - Diversified industry average of 22.65%.
Dig into ESRT's earnings and revenue performance here.
What are ESRT insiders up to?
Over the last 12 months, insiders at ESRT have not bought or sold any shares.
Get more info about who owns ESRT shares here.
Can I rely on ESRT as an income stream?
Empire State Realty Trust pays a dividend of 1.5%, compared to the REIT - Diversified industry's average dividend yield of 6.48%. If you owned $1,000 worth of ESRT stock, you would have been paid $14.96 in the past 12 months.
Empire State Realty Trust dividend payments have not consistently grown over the past decade and have not remained stable.
Find more data about Empire State Realty Trust dividend yield and history here.
What do other traders have to say about ESRT?
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Place your ESRT trade
There are two main options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly sufficient. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount limit, place a limit order.
Press the Open button and your broker will execute your order.
If you need more assistance buying stocks on eToro, click the helpful video below:
Step 6: Get the latest scoop on your ESRT position
Now that you own some ESRT stock, you'll want to keep up with your new company.
Put ESRT on a watchlist to track your ESRT stock.
ESRT Feed
How to Buy Stock in Empire State Realty Trust
To summarize, here are the 6 steps to buy Empire State Realty Trust stock:
- Choose where to buy Empire State Realty Trust stock
- Sign up for your brokerage account
- Fund your investment account
- Research Empire State Realty Trust stock
- Place your ESRT trade
- Get the latest scoop on your ESRT position
If you need a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get notifications regarding your investment in Empire State Realty Trust, click below.
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