How Have Empire State Realty Trust, Inc. (ESRT) EPS Forecasts Changed?

The NYSE listed company saw a recent bid of $5.425 and 100746 shares have traded hands in the session. The stock declined 0.54% or $0.1 reaching $18.52 on the news. This represents a $0.42 dividend on an annualized basis and a dividend yield of 2.07%. Therefore 67% are positive.

Honing in on the valuation of First Industrial Realty Trust Inc. For example, if there is good news like a positive earnings announcement, the demand for a stock may increase, raising the price from the previous day's close. First Industrial Realty Trust Inc. now has a PEG ratio of 3.18.Most importantly investors want to know where the stock is headed from here. BMO Capital Markets downgraded the shares of SXL in report on Wednesday, November 23 to "Market Perform" rating. The stock has "Neutral" rating by Goldman Sachs on Thursday, June 22. BMO Capital Markets set a $23.00 price objective on shares of Empire State Realty Trust and gave the company a "buy" rating in a research report on Wednesday, May 31st. The firm has "Outperform" rating given on Thursday, September 10 by BMO Capital Markets. Cowen & Co initiated the stock with "Outperform" rating in Monday, March 28 report. Fundamental analysis takes into consideration market, industry and stock conditions to help determine if the shares are correctly valued.

Short traders are feeling a little more bullish on shares of Empire State Realty Trust, implied by the change in short interest. Vanguard Group Inc. lifted its position in shares of Empire State Realty Trust by 8.1% during the first quarter. The firm has "Buy" rating by BMO Capital Markets given on Monday, September 4.

Analysts await Cabelas Inc (NYSE:CAB) to report earnings on October, 25. CR Bard had 29 analyst reports since August 27, 2015 according to SRatingsIntel. They expect $0.57 EPS, up 7.55% or $0.04 from last year's $0.53 per share. ESRT's profit will be $41.24 million for 19.70 P/E if the $0.26 EPS becomes a reality. After $0.38 actual EPS reported by Provident Financial Services, Inc. for the previous quarter, Wall Street now forecasts -2.63% negative EPS growth. About 1.24 million shares traded or 47.57% up from the average. It has outperformed by 24.00% the S&P500. The count of Hold ratings in that period was 0. RSI is a technical indicator of price momentum, comparing the size of recent gains to the size of recent losses and establishes oversold and overbought positions. 222,800 were accumulated by State Of New Jersey Common Pension Fund D. Tph Asset Lc reported 89,700 shares stake.

Investors sentiment increased to 1.21 in 2016 Q4. Its up 0.44, from 0.81 in 2017Q1. Price T Rowe Inc Md has 0% invested in Empire State Realty Trust Inc (NYSE:ESRT). 26 funds opened positions while 60 raised stakes. 202.56 million shares or 1.13% more from 200.29 million shares in 2016Q3 were reported. Moreover, Numeric Investors Limited Com has 0.24% invested in Empire State Realty Trust Inc (NYSE:ESRT). Breton Hill Capital Limited holds 0.19% or 48,041 shares. Regis Mgmt Co Ltd Liability Corporation reported 9,963 shares. The Company owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the greater NY metropolitan area, including the Empire State Building. Indexiq Limited Com reported 0.19% of its portfolio in Empire State Realty Trust Inc (NYSE:ESRT). This number is derived from the total net income divided by shares outstanding. Hbk Invests Lp holds 0% or 900 shares in its portfolio. Edge Wealth Mgmt Limited Liability has 600 shares. Northern Trust holds 1.25M shares or 0.01% of its portfolio. BidaskClub upgraded shares of Empire State Realty Trust from a "sell" rating to a "hold" rating in a research note on Wednesday, August 2nd. Pnc Gp has invested 0% in Cabelas Inc (NYSE:CAB). Swiss State Bank holds 0.01% in Cabelas Inc (NYSE:CAB) or 86,400 shares. Creative Planning holds 151 shares or 0% of its portfolio. Empire State Realty Trust's dividend payout ratio is now 107.70%. CAB's profit will be $39.32M for 26.96 P/E if the $0.57 EPS becomes a reality. A month ago, analyst EPS consensus estimated earnings of US$- per share.

Empire State Realty Trust, Inc., launched on July 29, 2011, is a real estate investment trust. The company has a market cap of $3.22 billion, a P/E ratio of 51.76 and a beta of 1.01. The Firm owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the greater NY metropolitan area, including the Empire State Building. The Company operates through two segments: Real Estate and Observatory. It has underperformed by 6.11% the S&P500.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Like this


23 September 2017
Arvind Subramanian's term as chief economic advisor extended for a year
He is on leave from US-based Peterson Institute for International Economics, where he's a senior fellow. The extension will mean that his term will be nearly co-terminus with that of the NDA government.

23 September 2017
Original Apple Watch Doesn't Support watchOS 4 Heart Rate Features
For the first time, the Apple Watch will also be able to tell you your resting heart rate. The OS boasts several updates that include health and fitness tracking features.

23 September 2017
Kim Jong-Un called Trump a 'dotard'
They could have already prepared the plan and are now trying to use Trump's remarks as an excuse to make it happen", said Yang. This would be in response to US President Donald Trump's threats of military action, Ri said. "If that doesn't work, Gen.

23 September 2017
Piyush Goyal flags off Mahamana Express via video conferencing; interacts with passengers
The VIP movement and the arrangements at the platform also disturbed the movement of commuters who had to board other trains. There are two Mahamana Express trains in service already, each on Bhopal-Khajuraho route and Varanasi-New Delhi route.

23 September 2017
Girl trapped in rubble didn't exist
Alfredo Padilla, a volunteer rescuer at the school, downplayed the importance of the revelation that there was no trapped child. Parts of the capital, home to some 20 million people, are built on an ancient lake bed that trembles easily in a quake.

23 September 2017
China imposes limits on oil supply to North Korea
However, "we are once again at a crossroads", he said, noting that the world is faced with the choice between unity and division. Trump praised China on Thursday for what he said was instructions to its banks to cut off business with North Korea.

23 September 2017
Horizon Pharma plc (HZNP) — Hot Trending Stock
The value of the investment in ( HZNP ) increased from $59,746,000 to $65,173,000 increasing 9.1% since the last quarter. The Switzerland-based Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% in Horizon Pharma PLC (NASDAQ: HZNP ).

23 September 2017
Traders Secrets on Western Digital Corporation (WDC), Citizens Financial Group, Inc. (CFG)
Beutel Goodman & Co Ltd decreased Potash Corp Of Sask (NYSE:POT) stake by 418,055 shares to 9.17M valued at $165.90M in 2016Q4. It dived, as 44 investors sold Citizens Financial Group Inc shares while 168 reduced holdings. 126,453 are owned by Fjarde Ap.

23 September 2017
'Newton's' theme will be relevant to viewers of Oscars: Rajkumar Rao
Newton is directed by Amit Masurkar and is produced by Drishyam Films and Colour Yellow Productions. Rajkummar Rao hopes that the Oscar-worthiness of Newton would help it get a wide audience in India.

23 September 2017
Tractor Supply Company (NASDAQ:TSCO) Trading Down - Short Interest Up by 12.49%
ILLEGAL ACTIVITY WARNING: This story was first published by Dispatch Tribunal and is owned by of Dispatch Tribunal. The Alta Capital Management Llc holds 249,378 shares with $13.52 million value, up from 243,244 last quarter.