|Bid||9.20 x 800|
|Ask||9.49 x 3200|
|Day's Range||8.72 - 9.28|
|52 Week Range||5.19 - 14.31|
|Beta (5Y Monthly)||0.71|
|PE Ratio (TTM)||9,230.00|
|Earnings Date||Feb 17, 2021 - Feb 22, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Jun 18, 2020|
|1y Target Est||8.93|
The Empire State Building (ESB) today announced the details of its annual holiday festivities. Guests who purchase tickets to visit the world-famous 86th and 102nd Floor Observatories will see more than just the iconic views. This holiday season take Lonely Planet's recommendation and visit the Empire State Building's Observatory ranked New York City's #1 attraction.
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.