Media stories about Empire State Realty Trust (NYSE:ESRT) have trended positive recently, according to Accern Sentiment. The research group ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Empire State Realty Trust earned a media sentiment score of 0.30 on Accern’s scale. Accern also gave media headlines about the real estate investment trust an impact score of 45.1728757604626 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

These are some of the news stories that may have effected Accern Sentiment’s scoring:

Shares of Empire State Realty Trust (ESRT) opened at $18.18 on Friday. The company has a quick ratio of 4.93, a current ratio of 4.93 and a debt-to-equity ratio of 0.80. The stock has a market capitalization of $2,821.78, a PE ratio of 46.62, a P/E/G ratio of 4.26 and a beta of 0.86. Empire State Realty Trust has a 12-month low of $17.57 and a 12-month high of $21.98.

A number of analysts have recently commented on ESRT shares. TheStreet upgraded Empire State Realty Trust from a “c+” rating to a “b” rating in a report on Tuesday, October 31st. BMO Capital Markets restated a “buy” rating and issued a $23.00 price target on shares of Empire State Realty Trust in a report on Wednesday, November 1st. Zacks Investment Research upgraded Empire State Realty Trust from a “sell” rating to a “hold” rating and set a $23.00 price target on the stock in a report on Monday, October 16th. Evercore ISI upgraded Empire State Realty Trust from an “in” rating to a “line” rating and set a $23.00 price target on the stock in a report on Monday, December 4th. Finally, BidaskClub downgraded Empire State Realty Trust from a “hold” rating to a “sell” rating in a research report on Saturday, October 28th. One analyst has rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $22.50.

In related news, Chairman Anthony E. Malkin sold 1,243,163 shares of Empire State Realty Trust stock in a transaction dated Monday, December 4th. The stock was sold at an average price of $20.45, for a total value of $25,422,683.35. Following the sale, the chairman now owns 156,416 shares of the company’s stock, valued at $3,198,707.20. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 11.80% of the stock is currently owned by insiders.

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About Empire State Realty Trust

Empire State Realty Trust, Inc is a real estate investment trust. The Company owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the greater New York metropolitan area, including the Empire State Building. The Company operates through two segments: Real Estate and Observatory.

Insider Buying and Selling by Quarter for Empire State Realty Trust (NYSE:ESRT)

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