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Empire State Realty Trust Inc Class A C - ESRT | ValueForum Member Stock Ratings

Last rating update for ESRT was made by a ValueForum member on Aug. 1 2018, 3:11 PM ET. Factoring this and past ratings, on average ESRT is rated 2.00 on a scale of Strong Buy (1.00) to Strong Sell (5.00) by 1 different member(s) of ValueForum.com. Full rating pages available to members only (click here) contain additional rating information including commentary by the 1 member(s) who entered the ratings. These ratings are posted by site users; this content is not intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by ValueForum.com

EMPIRE STATE REALTY TRUST INC CLASS A C (NYSE: ESRT)
Last Trade
4:02 p.m. - 13.55
Change
 0.24 ( 1.74%)
Shares Traded
8,250
Day's Volume
1,858,664
Book Value
NA
Price/Book
NA
Beta
0.6362
Day's Range
13.41 - 13.82
Prev Close
13.79
Open
13.75
52 Wk Range
12.775 - 16.23
EPS
0.39
PE
34.74
Quarterly Div/Shr
0.105
Ex-Div
12/20/19
Yield
3.10%
Shares Out.
179.92M
Market Cap.
2.44B
  • 1 Year Stock Performance:

CAGR - Chart the growth of a $10K investment in ESRT

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Sat, 22 Feb 2020
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Edited Transcript of ESRT earnings conference call or presentation 20-Feb-20 7:00pm GMT
Q4 2019 Empire State Realty Trust Inc Earnings Call
Thu, 20 Feb 2020
19:40:55 +0000
7 Small Cap Stocks That Pack a Wallop
You've probably seeing a bunch of stories lately about how the stock market rally has become too narrow. What's that mean? Simply put, a few mega-cap tech stocks are responsible for most of the market's gains lately. If you own the huge tech names, it's been great recently. But much of the market, and especially small stocks, has been left behind.Some investors have decided to stop fighting the wave. No price is too high for something like Apple (NASDAQ:AAPL), apparently, as long as the momentum keeps going. Even an earnings warning could hardly keep Apple down.At some point, though, the situation will flip. As a result, some investors are booking gains on their highly successful tech positions, and are rotating into other stocks that haven't had huge rallies yet.InvestorPlace - Stock Market News, Stock Advice & Trading TipsHistorically, small capitalization stocks have outperformed the broad market over the years. And after a disappointing 2019, they may be ready to punch above their weight in 2020. Consider that the new coronavirus from China is having a disproportionate impact on Chinese companies, and American multinationals with a large presence in Asia. Meanwhile, smaller American firms are much less sensitive to the problems. * 7 Failing Tech Stocks to Disconnect From Now As such, this could be a great time to move some money out of overpriced high-fliers and pick up some small stocks while they're still cheap. Global Water Resources (GWRS)Source: Shutterstock If you're thinking of exciting small-cap stocks, a utility probably wouldn't be your first choice. But don't be so quick to count out Global Water Resources (NASDAQ:GWRS). The $300 million market capitalization Arizona water utility is a fascinating company.Right now, it's fairly modest, as it serves only about 50,000 water taps. These are primarily in the Phoenix suburb of Maricopa. However, it, like Phoenix, is booming. Its customer base has nearly doubled since the Great Financial Crisis. Arizona is one of the fastest-growing states in the U.S., and Global Water Resources has focused its M&A activity on the fast-growing towns within the Phoenix metro area.More growth will be on the way. The Nikola Motor Company announced plans to build a 1 million square foot facility to manufacture hydrogen vehicles at a newly-established Arizona inland port. Global Water will be handling the water logistics. The federal government also just showered the new inland port with $39 million in subsidies. This ensures that Global Water's new project will obtain more paying utility customers quickly. It should lead to more new housing communities in its service area as well.People have been recommending homebuilder stocks as a way to play the recovery of housing and the rising trend of millenials finally buying homes. And that's a fine idea. But it's one that comes with significant risk if the economy goes south. Global Water, by contrast, gives access to one of the nation's hottest (literally and figuratively) housing markets without the downside risk if prices stall out again. People will keep using their water regardless of what the economy does, after all.As an added kicker, Global Water pays a monthly dividend of 2.4 cents per share, which amounts to 2.1% annually. They also tend to hike the dividend annually. So if you've been looking for another monthly-payer dividend stock for your portfolio, give Global Water a look. Catchmark Timber (CTT)One nice thing about small-cap stocks is that you can get exposure to different types of assets. Many of these fly under the radar. Like Arizona water utilities, such as we just discussed. Or how about a pure-player timber holding company, in the form of Catchmark Timber (NYSE:CTT)? Yes, there are other timber REITs that are publicly-traded, but they invest in manufacturing and processing their wood products.Catchmark, by contrast, only deals in owning timberlands directly. This makes the company a major inflation hedge, as you get pure commodity exposure to U.S. (primary southeastern) land holdings and, obviously, the price of timber going forward. While there will be plenty of bumps along the way for both, over time, like inflation, these should head solidly higher. * 7 Failing Tech Stocks to Disconnect From Now Why pick up Catchmark stock now? Shares have been relatively quiet for the last few years. This has left shares at a fair price now, with the timber player offering a 4.9% dividend yield. That's a healthy dose of income from a stock that also serves as a robust inflation hedge for your portfolio. New York Community Bancorp (NYCB)Source: Shutterstock If you like small stocks with big dividends, this next one packs an even bigger punch than Catchmark. New York Community Bancorp (NYSE:NYCB) offers a well-covered 6.1% dividend yield from its low-risk New York metro-area multi-family lending business. And, in fact, the bank just announced a fantastic quarter, and yet the share price actually dropped a few percent.For years, the bank has been dogged by critics. They've complained about the bank's falling profit margins, lack of growth, and a stale business model. That's all changed for the better in recent months. For one, the government eased federal banking regulations, allowing NYCB to grow beyond the old $50 billion asset cap. This, for the first time since the financial crisis, will let New York Community Bancorp expand its balance sheet normally again.On top of that, New York Community Bancorp has a sort of counter-cyclical loan book that didn't benefit from higher interest rates immediately. Now, however, while other banks are seeing their margins plummet with Fed rate cuts, NYCB's margins and EPS have just kicked into solidly positive territory. Even after delivering a fantastic quarter, critics have moved on to complaining about the bank's exposure to New York City apartments. Local government there just changed rent control laws, and this has had a negative effect on local prices.No matter though, NYCB lends less than 60% of the value of these properties so even a significant dip in housing prices won't cause the bank losses. NYCB was one of the safest banks in the country in the 2008 crisis, and experienced essentially zero lending losses even then. It's time to take advantage of the market's inappropriate reaction to NYCB's excellent earnings. The stock already yields 6.1%, and with earnings kicking into growth mode again, look for more share buybacks or a dividend hike in coming quarters. It also trades at just 13x earnings and is a buyout target as the CEO advances in age and may look for an exit strategy. The ONE Group Hospitality (STKS)Source: Shutterstock The ONE Group Hospitality (NASDAQ:STKS) is a small restaurant operator primarily known for its STK steakhouses. These are a high-end concept, with the 14 ounce Dry-Aged Delmonico going for $74 at its Walt Disney World location, to give one example. Despite that, remarkably enough, STK historically had struggled to generate high enough profit margins at its restaurants.However, things have turned around since new CEO Manny Hilario took over the reins at the end of 2017. STK has started reporting fantastic same store sales growth (high single digits) while at the same time bringing down overhead costs. The ONE Group's stock price has tripled under Hilario's watch.And now he'll get a shot at repeating his success. That's because The ONE Group just acquired 24 Kona Grill restaurant locations out of bankruptcy. That company had infamously free-spending leadership and a muddled menu and corporate identity in recent years. Remarkably, Kona Grill had a market capitalization of $300 million as recently as 2015. Now, The ONE Group grabbed the best two dozen Kona Grill locations for just $36 million. That's sizable discount to the cost of merely building the restaurants, let alone establishing the brand. * 7 Failing Tech Stocks to Disconnect From Now STKS stock is up from $1.50 to $4.50 in recent years under the new CEO's excellent leadership. If he can help resuscitate Kona Grill, who knows how much higher the stock could go. Rocky Mountain Chocolate Factory (RMCF)Source: JHVEPhoto / Shutterstock.com Given all the attention on edibles lately, you would be forgiven for assuming that a Colorado packaged foods company had something to do with the cannabis market. But, at least for now, Rocky Mountain Chocolate Factory (NASDAQ:RMCF) instead sells premium chocolates at more than 300 stores including many co-branded Cold Stone Creamery locations. It also has a frozen yogurt brand, U-Swirl.The company's chocolate is indeed premium, bringing in an average retail price of more than $23 per pound. If you're familiar with Warren Buffett's history, he often cites his investment in See's Candies as one of his finest investments. It's repaid its original purchase price many times over by now. That's because the economics of chocolate are simply fantastic. You get massive profit margins.Rocky Mountain Chocolate Factory shares in that bounty with shareholders, paying a 6% dividend yield. Alas, due to strategic missteps, such as errors with the yogurt brand, the company's profits and share price have struggled in recent years. However, an activist has come in to shake the company up and new people have joined the board. Further to that point, the company has just launched a major partnership with Edible Arrangements to sell its chocolates at more than 1,000 Edible Arrangements stores. This should boost utilization at Rocky Mountain's Colorado factory and get profits on the upswing again. OrthoPediatrics (KIDS)Source: Shutterstock This last pick is a bit more speculative than some of the others on the list, as it isn't quite profitable yet. But it's growing at a fast clip and is going after a market niche - medical devices for children - that has historically had great economics.OrthoPediatrics (NASDAQ:KIDS) offers a two-dozen product line that covers trauma and deformity, scoliosis, and sports medicine related issues for children. Shares have already tripled since the 2017 initial public offering, and it's not hard to see why. The company has been delivering steady 25%+ annual revenue growth, and they recently turned positive on an EBITDA basis, though they are still reporting EPS losses.With a medical device company like this, however, so much of the cost base is in marketing and overhead. Oftentimes, these companies will sell for huge multiples to larger medical device companies. Those companies can, in turn, immediately earn huge synergies. They do this by cutting duplicate costs and distributing the products through their far larger distribution channels. * 7 Failing Tech Stocks to Disconnect From Now As long as OrthoPediatrics continues putting up strong revenue growth and scoring FDA approval for new products, as it did on multiple occasions in 2019, the stock price should continue to soar. Empire State Realty (ESRT)Source: Shutterstock.com Saving the biggest of the small companies for last, we have one of the world's largest buildings. That's right. Did you know you could own a piece of the Empire State Building? The Empire State Realty Trust (NYSE:ESRT) owns the Empire State Building along with a portfolio of other office buildings in the New York City metro area.Shares have dropped from $20 to $14 in recent years. This has been for several reasons. For one, there's currently a weak office market in New York City. The "retail apocalypse" has also caused more storefront vacancies in Manhattan, where Empire State has a large presence; its buildings have retail on the ground level. Finally, the trade war - and now coronavirus - are lowering the inflow of tourists to New York. Those are tourists, who, in turn, drop tons of money at the Empire State Building Observatory and related attractions.That Observatory is a key element of the bull thesis. Its revenues have been growing for 10% a year over the past two decades. That's even despite the 9/11 attacks, the Financial Crisis, and other setbacks. With the rise of Instagram (NASDAQ:FB) culture and experiences, top-notch tourist attractions like the Empire State Building are one-of-a-kind properties and will enjoy rising values in coming years as investors seek to find trophy assets. With shares down 30% in recent years, this apple is ripe for the picking.Ian Bezek has written more than 1,000 articles for InvestorPlace.com and Seeking Alpha. He also worked as a Junior Analyst for Kerrisdale Capital, a $300 million New York City-based hedge fund. You can reach him on Twitter at @irbezek. At the time of this writing, he owned CTT, ESRT, NYCB, GWRS, and FB stock. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Failing Tech Stocks to Disconnect From Now * 5 Ideal Dividend Stocks for New Investors * 4 Stocks to Buy No Matter Who Wins the 2020 Election The post 7 Small Cap Stocks That Pack a Wallop appeared first on InvestorPlace.
Thu, 20 Feb 2020
13:57:01 +0000
Zacks.com featured highlights include: Lincoln National, Amkor Technology, US Foods, Donnelley Financial Solutions and Empire State Realty Trust
Zacks.com featured highlights include: Lincoln National, Amkor Technology, US Foods, Donnelley Financial Solutions and Empire State Realty Trust
Thu, 20 Feb 2020
00:25:12 +0000
Empire State Realty Trust (ESRT) Q4 FFO and Revenues Beat Estimates
Empire State Realty Trust (ESRT) delivered FFO and revenue surprises of 4.17% and 4.30%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Wed, 19 Feb 2020
21:15:00 +0000
Empire State Realty Trust Announces Fourth Quarter 2019 Results
Empire State Realty Trust, Inc. (NYSE: ESRT) (the "Company"), a real estate investment trust with office and retail properties in Manhattan and the greater New York metropolitan area, today reported its operational and financial results for the fourth quarter and full year of 2019.
Wed, 19 Feb 2020
16:40:04 +0000
ESRT vs. PEAK: Which Stock Is the Better Value Option?
ESRT vs. PEAK: Which Stock Is the Better Value Option?
Mon, 03 Feb 2020
16:40:04 +0000
ESRT vs. PEAK: Which Stock Should Value Investors Buy Now?
ESRT vs. PEAK: Which Stock Is the Better Value Option?
Wed, 22 Jan 2020
21:47:06 +0000
Empire State Realty Trust Welcomes Concord to 250 West 57th Street
Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that Concord, the independent, worldwide leader in the development, management, and acquisition of sound recordings, music publishing, and theatrical performance rights signed a long-term lease for 46,329 sq. ft. at 250 West 57th Street.
Wed, 22 Jan 2020
21:15:00 +0000
Empire State Realty Trust Announces 2019 Tax Treatment of Its Distributions
Empire State Realty Trust, Inc. (NYSE: ESRT) (the "Company"), a leading real estate investment trust with office and retail properties in Manhattan and the greater New York metropolitan area, today announced the 2019 tax treatment of the Company’s Class A common stock distributions, as described below. The following table summarizes, for income tax purposes, the nature of the cash distributions paid by the Company to its stockholders during the year ended December 31, 2019 and the appropriate Form 1099-DIV box number. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of the Company’s distributions.
Wed, 22 Jan 2020
17:11:00 +0000
The Empire State Building Celebrates Australia Day On January 26
The Empire State Building (ESB) has announced that this year the building will light in Australia's national colours of green and gold to celebrate Australia Day. Celebrated annually on January 26, the national holiday commemorates the arrival of the First Fleet of British ships in New South Wales.
Wed, 22 Jan 2020
12:23:54 +0000
Is Empire State Realty Trust, Inc.'s (NYSE:ESRT) 4.9% ROE Strong Compared To Its Industry?
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
Thu, 16 Jan 2020
21:15:00 +0000
Empire State Realty Trust Announces Dates for Fourth Quarter 2019 Earnings Release and Conference Call
Empire State Realty Trust, Inc. (NYSE:ESRT) (the "Company") today announced that it will release its fourth quarter 2019 financial results on Wednesday, February 19, 2020 after close of markets on the New York Stock Exchange. A conference call will be held on Thursday, February 20, 2020 at 2:00 p.m. Eastern Time.
Thu, 16 Jan 2020
17:18:00 +0000
Empire State Building And iHeartMedia New York Launch The Ultimate Valentine's Day Date Contest At The World's Most Romantic Building
The Empire State Building (ESB), in partnership with iHeartMedia New York today announced the launch of a national contest to provide one couple with the 'Ultimate Valentine's Day Date' at the World's Most Romantic Building, the Empire State Building. From January 20 through February 7, interested entrants can visit www.litefm.com, or listen to 106.7 LITE FM for a chance to win a trip to New York City and an all-access visit to the Empire State Building.
Thu, 19 Dec 2019
22:01:17 +0000
Hedge Funds Have Never Been Less Bullish On Empire State Realty Trust Inc (ESRT)
We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds' top 3 stock picks returned 41.7% this year and beat […]
Wed, 18 Dec 2019
17:28:00 +0000
Lottery Registration for 2020 Empire State Building Run-Up Presented by Turkish Airlines Powered by the Challenged Athletes Foundation Opens on January 7, 2020
Empire State Realty Trust, Inc. (NYSE: ESRT) today announced that lottery registration for the 2020 Empire State Building Run-Up (ESBRU) Presented by Turkish Airlines and Powered by the Challenged Athletes Foundation, will open on Tuesday, January 7, 2020, at 12:00 p.m. EST and close on Sunday, February 9, 2020, at 11:59 p.m. EST. The 43rd annual ESBRU will be held on Tuesday, May 12, 2020, at 8:00 p.m. EST.

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Empire State Realty Trust Inc Class A C (ESRT)