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 $11.11, up 0.73% from the previous day, and has increased 39.75% in one year. It has overperformed other stocks in the REIT - Diversified industry by 0.21 percentage points. Empire State Realty Trust stock is currently +51.36% from its 52-week low of $7.34, and -2.8% from its 52-week high of $11.43.
At the moment, there are 166.51M ESRT shares outstanding. The market capitalization of ESRT is $1.85B. In the past 24 hours, 776,793 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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Get $10 towards your purchase of stock by opening an account with eToro now.
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 44.44x, relative to REIT - Diversified industry P/E ratio of 6.1x
- ESRT could be overvalued based on its P/B ratio of 1.83x, relative to REIT - Diversified industry P/B ratio of 1.29x
- ESRT could be undervalued based on its PEG ratio of 0.2x
You can do additional valuation research on ESRT's stock here.
ESRT Financial Overview
Failed Financial Due Diligence Checks:
- ESRT has a relatively high debt to equity ratio of 2.65.
- ESRT profit margin has gone down from 6.5% to 5.7% in the past year.
- ESRT's operating cash flow of $234.64M allows it to safely service it's debt of $2.46B.
- Total ESRT debt is higher than 5 years ago, relative to shareholder equity.
- ESRT earnings of $152.75M is not enough to cover its interest payments.
Do Wall Street analysts think it's a good time to buy ESRT stock
Out of 2 Wall Street analysts who give recommendations on ESRT, the consensus analyst rating on ESRT is a Sell
It's important to keep in mind that analyst ratings are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are projecting on the Empire State Realty Trust stock forecast page.
Metrics for Advanced ESRT Traders
ESRT Performance Metrics
Last year, ESRT earnings were $43.40M. During the last five year, ESRT's earnings have increased by -4.82% per year. This was slower than the REIT - Diversified industry average of 6.98%.
Last year, ESRT revenue was $755.13M. During the past five year, ESRT's revenue has grown by 0.7% per year. This was slower than the REIT - Diversified industry average of 22.39%.
Dig into ESRT's earnings and revenue performance here.
Latest Insiders Trades at ESRT
Over the past 12 months, insiders at ESRT have not bought or sold any shares.
Learn more about who owns ESRT shares here.
Does ESRT provide a stable income stream?
Empire State Realty Trust pays a dividend of 1.26%, compared to the REIT - Diversified industry's average dividend yield of 5.07%. If you owned $1,000 worth of ESRT stock, you would have been paid $12.60 in the past year.
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 investors have to say about ESRT?
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Place your ESRT trade
You have two main options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually fine for most investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a given dollar amount limit, place a limit order.
Press the Open Trade button and your broker will execute your order.
If you require more assistance buying stocks on eToro, watch 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 stay up-to-date on your shares.
Make a watchlist to get notified of important updates regarding your ESRT stock.
ESRT Feed
How to Buy Stock in Empire State Realty Trust
To summarize, here are the 6 steps you need to take to buy Empire State Realty Trust stock right now:
- 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 require a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get the latest news on your new investment in Empire State Realty Trust, hit the button below to create your watchlist.
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