Of note is the ratio of Empire State Realty Trust Inc's sales and general administrative expense to its total operating expenses; just 13.35% of US stocks have a lower such ratio.
For ESRT, its debt to operating expenses ratio is greater than that reported by 89.58% of US equities we're observing.
Empire State Realty Trust Inc's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is -37.28%, greater than the shareholder yield of just 11.92% of stocks in our set.
Stocks that are quantitatively similar to ESRT, based on their financial statements, market capitalization, and price volatility, are CRK, QSR, BEST, BGCP, and WHD.
Empire State Realty Trust, Inc. (ESRT) Company Bio
Empire State Realty Trust 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 was founded in 2010 and is based in New York, New York.
Empire State Realty Trust, Inc. (NYSE:ESRT) (the "Company") today announced that it will release its second quarter 2020 financial results on Wednesday, July 29, 2020 after close of markets on the New York Stock Exchange. The related earnings conference call will be held on Thursday, July 30, 2020, at 1:00 PM Eastern Time.
The Empire State Building has been a symbol of America's economic might for almost 90 years. A week into New York's second phase of post-lockdown re-opening, dozens of the companies with office space in one of the world's most famous buildings are trying to figure out when, how - even whether - to come back. The June 22 reopening allowed office buildings to invite tenants back, as long as maximum occupancy stayed below 50%.
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