Empire State Realty Trust Inc. Stock: Strong Valuation Ranking

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Empire State Realty ($NYSE:ESRT) Trust Inc. is a publicly traded real estate investment trust that owns, manages, operates, and markets office and retail properties in New York City. ESRT has received a strong valuation ranking of 95 from InvestorsObserver data analysis.

Share Price

Empire State Realty Trust Inc. is a publicly traded real estate investment trust that owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the greater New York metropolitan area. ESRT’s portfolio includes the Empire State Building, the world’s most famous office building. ESRT’s stock has been strong in recent years, due in part to the ongoing positive news surrounding the Empire State Building and the company’s other Manhattan properties. On Thursday, ESRT’s stock opened at $6.60 and closed at $6.50, down 3.7% from the prior day’s closing price of $6.70.

Despite the recent stock price dip, ESRT’s valuation remains strong. Overall, ESRT is a well-positioned company with a strong portfolio of assets. The company’s shares look attractively valued at current levels, making it a stock worth considering for long-term investors.

VI Analysis

Empire State Realty Trust’s fundamentals reflect its long-term potential, and the company’s VI Star Chart indicates that it is strong in dividend payouts, medium in profitability, and weak in asset growth. However, the company’s health score of 2/10 is low, indicating that it is less likely to safely ride out any crisis without the risk of bankruptcy. Empire State Realty Trust is classified as a “cow”, a type of company that has the track record of paying out consistent and sustainable dividends. Dividend-paying companies are deemed to be less risky as they pursue growth at a sustainable rate.

Summary

Empire State Realty Trust Inc. is a publicly traded real estate investment trust with office and retail properties in New York City. The company’s stock is down slightly today, but its valuation looks attractive based on its strong fundamentals. Empire State Realty Trust’s portfolio includes some of New York City’s most iconic buildings, such as the Empire State Building, the world’s most famous office building.

The company’s stock is down today due to a number of factors, including the overall market sell-off and concerns about the coronavirus outbreak. Despite the near-term challenges, Empire State Realty Trust’s long-term prospects remain bright, and the stock looks like a good value at its current price.