Media headlines about Empire State Realty Trust (NYSE:ESRT) have trended positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Empire State Realty Trust earned a media sentiment score of 0.28 on Accern’s scale. Accern also assigned news stories about the real estate investment trust an impact score of 46.5843152445471 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the news stories that may have impacted Accern Sentiment Analysis’s analysis:
- Insider Buying: Empire State Realty Trust Inc (ESRT) CFO Buys 1,000 Shares of Stock (americanbankingnews.com)
- Empire State Building And Tacombi Launch Exclusive Menu Available Only To Visitors Of The World’s Most Famous Building (finance.yahoo.com)
- Contrasting Gladstone Commercial (GOOD) & Empire State Realty Trust (ESRT) (americanbankingnews.com)
- Empire State Building To Sparkle At The Top Of Every Hour (finance.yahoo.com)
- Zacks Investment Research Downgrades Empire State Realty Trust (ESRT) to Sell (americanbankingnews.com)
Shares of Empire State Realty Trust (ESRT) opened at $17.10 on Wednesday. Empire State Realty Trust has a fifty-two week low of $16.57 and a fifty-two week high of $21.72. The company has a current ratio of 6.65, a quick ratio of 6.65 and a debt-to-equity ratio of 0.85. The stock has a market capitalization of $2,742.78, a PE ratio of 43.85, a price-to-earnings-growth ratio of 5.13 and a beta of 0.98.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 30th. Stockholders of record on Thursday, March 15th will be paid a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a dividend yield of 2.46%. The ex-dividend date is Wednesday, March 14th. Empire State Realty Trust’s dividend payout ratio (DPR) is 107.70%.
Several brokerages recently commented on ESRT. Zacks Investment Research lowered Empire State Realty Trust from a “hold” rating to a “sell” rating in a report on Tuesday. Stifel Nicolaus lowered Empire State Realty Trust from a “buy” rating to a “hold” rating and cut their price objective for the stock from $20.00 to $18.00 in a report on Monday, February 26th. BMO Capital Markets set a $20.00 price objective on Empire State Realty Trust and gave the stock a “buy” rating in a report on Tuesday, February 27th. Evercore ISI raised Empire State Realty Trust from an “in” rating to a “line” rating and set a $23.00 price target for the company in a report on Monday, December 4th. Finally, TheStreet lowered Empire State Realty Trust from a “b” rating to a “c+” rating in a report on Thursday, November 16th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the company. Empire State Realty Trust presently has a consensus rating of “Hold” and a consensus price target of $21.00.
TRADEMARK VIOLATION WARNING: “Positive News Coverage Somewhat Unlikely to Affect Empire State Realty Trust (ESRT) Share Price” was originally reported by BBNS and is the property of of BBNS. If you are reading this news story on another site, it was illegally stolen and republished in violation of United States and international trademark and copyright legislation. The original version of this news story can be read at https://baseballnewssource.com/2018/03/14/empire-state-realty-trust-esrt-getting-positive-media-coverage-report-finds/1970839.html.
About Empire State Realty Trust
Empire State Realty Trust, Inc is a real estate investment trust. The Company owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the greater New York metropolitan area, including the Empire State Building. The Company operates through two segments: Real Estate and Observatory.
Receive News & Ratings for Empire State Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Empire State Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.