Should you buy Empire State Realty Trust stock? (NYSE:ESRT). Let's see how it does in our automated value investing analysis system.
(Empire State Realty Trust stock price per share)
||ESRT Fair Price
(based on intrinsic value)
|ESRT Safety Price (based on a variable margin of safety)||$4.22|
|PE Ratio versus Sector||231% higher than other Real Estate stocks|
|PE Ratio versus Industry||0% lower than other REIT - Diversified stocks|
|Free Cash Flow Jitter||26%|
|Dividend Yield||2%||Shares Shorted||12,654,719|
This stock has short interest! This means that people have shorted it.
Why does that matter? They've made a bet that price will decrease from where they bought it. Maybe there are financial problems, or maybe there's a value play.
As of the latest analysis, there are 12,654,719 shares shorted. With 137,936,832 shares available for purchase and an average trading volume over the past 10 trading days of 942,960, it would take at least 13.42 days for all of the short holders to cover their shorts.
What does this mean to you? At this volume, it'll take more than two trading weeks for shorts to cover. This may indicate a short squeeze play would work! If this stock has good fundamentals and it'll take a while for the short holders to cover, buying now could net you bigger short-term technical gains if and as the price rises.
We believe that Empire State Realty Trust may be worth examining further. It's making money, which is a very positive sign. Is it on sale?
Empire State Realty Trust looks like a price in the fair value range. Based on our analysis—if the company keeps making money the way it has been—you could be looking at a good stock. See Before You Buy for your next steps.
Does Empire State Realty Trust have a coherent story? Does it have a plan to continue to make money? Is it worth your time? Only you can decide where to go from here. Our investment guide helps you ask the right questions, including how to buy stocks. Use these research links for more information.
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