|Bid||0.00 x 2900|
|Ask||6.95 x 3000|
|Day's Range||6.57 - 6.83|
|52 Week Range||6.24 - 14.99|
|Beta (5Y Monthly)||0.72|
|PE Ratio (TTM)||48.31|
|Earnings Date||Oct 21, 2020 - Oct 26, 2020|
|Forward Dividend & Yield||0.42 (6.16%)|
|Ex-Dividend Date||Jun 18, 2020|
|1y Target Est||10.11|
(VNO)CEO Steve Roth offered an upbeat assessment of New York City and its commercial real estate market on the company’s earnings conference call on Tuesday, while acknowledging that it “may take a couple of years” for New York’s “ecosystem to return to normal.” “In the end, culture, innovation, talent, and collaboration happen in office buildings.” Roth, the longtime CEO of Vornado (ticker: VNO) and a leader in Manhattan’s real-estate community, said that the deal announced late Monday to lease to (FB) (FB) all of the office space in a new low-rise structure within the huge Farley building in Manhattan is “a dramatic statement in the midst of a pandemic that New York will continue to be the place to be and further validates the West Side of Manhattan as the place to be.”
ESRT earnings call for the period ending June 30, 2020.
Empire State Realty Trust (ESRT) delivered FFO and revenue surprises of 16.67% and -4.61%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?