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Empire State Realty Trust (ESRT) Catches Eye: Stock Jumps 7.2%

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Empire State Realty Trust, Inc. (ESRT - Free Report) was a big mover last session, as the company saw its shares rise more than 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $6.75 –$8.47 in the past one-month time frame, witnessed a sharp increase yesterday.

The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Empire State Realty Trust currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Empire State Realty Trust, Inc. Price

Investors interested in the REIT and Equity Trust - Other industry may consider City Office REIT Inc (CIO - Free Report) , which also has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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