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NYSE: ESRT
Empire State Realty Trust (ESRT) stock, explained like you're 5
Empire State Realty Trust trades on the New York Stock Exchange under the ticker ESRT. It is a small cap company in the real estate investment trusts industry, part of the real estate sector, with a market value of about 797 million dollars.
- Ticker
- ESRT
- Exchange
- New York Stock Exchange
- Sector
- Real Estate
- Industry
- Real Estate Investment Trusts
- Size
- Small cap, about 797 million dollars
Is Empire State Realty Trust a small, medium or large cap company?
No. Empire State Realty Trust is a small cap stock, not a large cap. Its market cap, which is the total value of all its shares, is about 797 million dollars.
Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.
How Empire State Realty Trust makes money
- Collecting rent from buildings, towers, warehouses or homes.
- Owning and managing property.
- Fees for services tied to real estate.
What moves ESRT stock
- Interest rates, which affect borrowing costs and property values.
- Occupancy and how much rent can be charged.
- Demand for the type of property they own.
In the news lately
- Empire State Realty Trust (NYSE:ESRT) Stock Analysis (Simply Wall Street)
- Empire State Realty Trust (ESRT) Stock is Nearing True Value (Yahoo Finance)
- Empire State Realty: Prime NYC Real Estate At Attractive Discount (NYSE:ESRT) (Seeking Alpha)
- Empire State Realty Trust (NYSE:ESRT) Stock Price Breaks Below 200 Day Moving Average What's Next? (MarketBeat)
- Empire State Building's owner will release results Nov. 2 and hold a call Nov. 3. (Stock Titan)
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Questions about Empire State Realty Trust stock
What does Empire State Realty Trust do?
Empire State Realty Trust trades on the New York Stock Exchange under the ticker ESRT. It is a small cap company in the real estate investment trusts industry, part of the real estate sector, with a market value of about 797 million dollars.
What is the ticker symbol for Empire State Realty Trust?
Empire State Realty Trust trades under the ticker ESRT on the New York Stock Exchange.
What is Empire State Realty Trust's market cap?
Empire State Realty Trust is a small cap stock with a market cap of about 797 million dollars.
How does Empire State Realty Trust make money?
Collecting rent from buildings, towers, warehouses or homes. Owning and managing property. Fees for services tied to real estate.
What moves ESRT stock?
Interest rates, which affect borrowing costs and property values. Occupancy and how much rent can be charged. Demand for the type of property they own.
How can I follow ESRT stock every day?
Add ESRT to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in simple words.
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Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.