Empire State Realty Trust - Stock

Empire State Realty Trust P/S 2024

Empire State Realty Trust P/S

3.33

Ticker

ESRT

ISIN

US2921041065

WKN

A1W6FF

As of Jul 7, 2024, Empire State Realty Trust's P/S ratio stood at 3.33, a 55.61% change from the 2.14 P/S ratio recorded in the previous year.

The Empire State Realty Trust P/S history

Empire State Realty Trust Aktienanalyse

What does Empire State Realty Trust do?

Empire State Realty Trust Inc is a real estate company based in the USA that specializes in leasing office and commercial spaces, particularly high-rise buildings. The company is known for its iconic properties in New York City, including the Empire State Building, One Grand Central Place, and One Astor Plaza. The history of Empire State Realty Trust Inc began in 1929 with the construction of the Empire State Building, one of the world's most famous skyscrapers. The building was designed by businessman and investor John Jacob Raskob, together with architect William F. Lamb. Upon its opening in 1931, the Empire State Building was the tallest building in the world until it was surpassed by the World Trade Center in 1973. In 2013, Empire State Realty Trust Inc was founded as a holding company that owns multiple subsidiary companies that are property owners. The company is publicly traded, with its stocks being traded on the New York Stock Exchange. Empire State Realty Trust Inc's business model is based on leasing office and commercial spaces in its iconic buildings. The company has a significant presence in New York City and owns a total of over 31 million square feet of commercial space. The company's portfolio includes office buildings, retail properties, rental apartments, and other properties across the country. The various divisions of Empire State Realty Trust Inc include leasing, asset management, and property management. The company aims to generate consistent long-term rental income for its investors by owning and managing high-quality properties. Empire State Realty Trust Inc also offers services such as design and construction of office and commercial spaces, as well as real estate brokerage. One of Empire State Realty Trust Inc's most well-known and profitable properties is the Empire State Building, which stands prominently in the New York City skyline. The building has 102 floors and offers breathtaking views of the city. Over 300 companies have offices in the Empire State Building, including well-known names like LinkedIn and Spotify. Another property of Empire State Realty Trust Inc is One Grand Central Place, a modern office tower in the heart of Midtown Manhattan. The building has 55 floors and provides unique 360-degree panoramic views of the city. It houses companies like Cox Communications and the United States Marine Corps. Another property of Empire State Realty Trust Inc is One Astor Plaza, a skyscraper located at Times Square. The building was constructed in the 1970s and is currently home to companies like MTV and ViacomCBS. In conclusion, Empire State Realty Trust Inc is a leading real estate company specializing in leasing office and commercial spaces in iconic buildings. The company has a rich history in New York City and is known for its iconic properties like the Empire State Building. With its diversified portfolio, Empire State Realty Trust Inc is a significant player in the US real estate market. Empire State Realty Trust ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Empire State Realty Trust's P/S Ratio

Empire State Realty Trust's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Empire State Realty Trust's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Empire State Realty Trust's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Empire State Realty Trust’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Empire State Realty Trust stock

What is the price-to-earnings ratio of Empire State Realty Trust?

The price-earnings ratio of Empire State Realty Trust is currently 3.33.

How has the price-earnings ratio of Empire State Realty Trust changed compared to last year?

The price-to-earnings ratio of Empire State Realty Trust has increased by 55.61% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Empire State Realty Trust high compared to other companies?

Yes, the price-to-earnings ratio of Empire State Realty Trust is high compared to other companies.

How does an increase in the price-earnings ratio of Empire State Realty Trust affect the company?

An increase in the price-earnings ratio of Empire State Realty Trust would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Empire State Realty Trust affect the company?

A decrease in the price-earnings ratio of Empire State Realty Trust would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Empire State Realty Trust?

Some factors that influence the price-earnings ratio of Empire State Realty Trust are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Empire State Realty Trust pay?

Over the past 12 months, Empire State Realty Trust paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Empire State Realty Trust is expected to pay a dividend of 0.14 USD.

What is the dividend yield of Empire State Realty Trust?

The current dividend yield of Empire State Realty Trust is .

When does Empire State Realty Trust pay dividends?

Empire State Realty Trust pays a quarterly dividend. This is distributed in the months of October, January, April, July.

How secure is the dividend of Empire State Realty Trust?

Empire State Realty Trust paid dividends every year for the past 17 years.

What is the dividend of Empire State Realty Trust?

For the upcoming 12 months, dividends amounting to 0.14 USD are expected. This corresponds to a dividend yield of 1.51 %.

In which sector is Empire State Realty Trust located?

Empire State Realty Trust is assigned to the 'Real Estate' sector.

Wann musste ich die Aktien von Empire State Realty Trust kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Empire State Realty Trust from 6/28/2024 amounting to 0.035 USD, you needed to have the stock in your portfolio before the ex-date on 6/14/2024.

When did Empire State Realty Trust pay the last dividend?

The last dividend was paid out on 6/28/2024.

What was the dividend of Empire State Realty Trust in the year 2023?

In the year 2023, Empire State Realty Trust distributed 0.14 USD as dividends.

In which currency does Empire State Realty Trust pay out the dividend?

The dividends of Empire State Realty Trust are distributed in USD.

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Andere Kennzahlen von Empire State Realty Trust

Our stock analysis for Empire State Realty Trust Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Empire State Realty Trust Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.