Epe stock news
You're looking for news related to EPE (Empire State Realty Trust) stock! Here are some recent updates:
Recent News:
- Empire State Realty Trust Reports Q4 2022 Results: On February 16, 2023, EPE announced its Q4 2022 results, reporting a net income of $43.4 million, or $0.14 per diluted share. The company also declared a quarterly dividend of $0.105 per share.
- EPE Signs New Lease with WeWork: On January 25, 2023, EPE announced that WeWork had signed a new lease for 150,000 square feet at the Empire State Building, with an average annual rent of $45.50 per square foot.
- Empire State Realty Trust Appoints New CFO: On January 18, 2023, EPE announced the appointment of Michael A. Walters as its new Chief Financial Officer, effective February 1, 2023.
Recent Analyst Coverage:
- JPMorgan Upgrades EPE to Overweight: On February 14, 2023, JPMorgan analyst Anthony Paolone upgraded EPE to Overweight from Neutral, citing the company's strong fundamentals and growth prospects.
- Wells Fargo Maintains Equal Weight Rating: On February 10, 2023, Wells Fargo analyst Ki Bin Kim maintained an Equal Weight rating on EPE, citing the company's stable cash flow and moderate growth prospects.
Recent Stock Performance:
EPE's stock price has been relatively stable over the past few months, with a slight uptrend. As of February 24, 2023, the stock is trading at around $14.50 per share.
Key Statistics:
- Market Capitalization: $4.3 billion
- 52-Week Range: $12.50 - $15.50
- Dividend Yield: 3.6%
- P/E Ratio: 23.5
Please note that this information is subject to change and may not reflect the current market situation. It's always a good idea to check with a financial advisor or a reliable news source for the most up-to-date information.