|Bid||9.02 x 1400|
|Ask||9.03 x 3000|
|Day's Range||8.98 - 9.77|
|52 Week Range||5.19 - 14.31|
|Beta (5Y Monthly)||0.71|
|PE Ratio (TTM)||9,050.00|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Jun 18, 2020|
|1y Target Est||N/A|
Empire State Realty Trust (ESRT) saw a big move last session, as its shares jumped more than 9% on the day, amid huge volumes.
Real estate investment trusts (REITs) are a natural fit for many such portfolios, and office REITs are one of those segments that have been beaten down by the pandemic enough that it’s a good time to consider buying into some. My Millionacres colleague Matt Frankel is a big fan of Empire State, as he makes clear in this article: “Is Empire State Realty Trust a Good Fit for a Retirement Portfolio?” After all, he points out, this trust not only has a lot of cash, it also has a lot of prime real estate in and around the Big Apple, including the Empire State Building itself.
2020 hasn't been a good year for Ryman Hospitality Properties (NYSE: RHP). In this Nov. 5 Fool Live video clip, Millionacres REIT analyst Matt Frankel, CFP, and Millionacres editor Deidre Woollard discuss two post-pandemic tailwinds Ryman could benefit from, and whether another REIT could start paying dividends again soon. Deidre said, I think, their live conference business is going to actually get a tailwind from the pandemic, especially if their remote work trend continues and companies want to occasionally get together in public.