On March 24, 2025, Thomas Durels, Executive Vice President, Real Estate at Empire State Realty Trust Inc, sold 17,622 shares of the company. Following this transaction, the insider now owns 44,185 shares of Empire State Realty Trust Inc.
Empire State Realty Trust Inc (ESRT, Financial) is a real estate investment trust (REIT) that owns, manages, operates, acquires, and repositions office and retail properties in Manhattan and the greater New York metropolitan area. The company is known for its iconic Empire State Building, which is a key asset in its portfolio.
Over the past year, Thomas Durels has sold a total of 55,815 shares and has not purchased any shares. The insider transaction history for Empire State Realty Trust Inc shows that there have been no insider buys in total over the past year, while there have been four insider sells during the same period.
As of the date of the recent transaction, shares of Empire State Realty Trust Inc were trading at $8.02 each, giving the stock a market cap of $1.333 billion. The company's price-earnings ratio stands at 29.44, which is higher than the industry median of 14.92 but lower than the company’s historical median price-earnings ratio.
With a trading price of $8.02 and a GF Value of $9.40, Empire State Realty Trust Inc has a price-to-GF-Value ratio of 0.85, indicating that the stock is modestly undervalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
