NYSE:ESRT Empire State Realty Trust (ESRT) Stock Price, News & Analysis → Charles Payne Demystifies Options (From Unstoppable Prosperity) (Ad) Free ESRT Stock Alerts $9.72 -0.03 (-0.31%) (As of 05/14/2024 ET) Add Compare Share Share Today's Range$9.71▼$9.9150-Day Range$8.92▼$10.1452-Week Range$5.43▼$10.32Volume1.80 million shsAverage Volume1.10 million shsMarket Capitalization$1.59 billionP/E Ratio32.38Dividend Yield1.44%Price Target$8.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Empire State Realty Trust alerts: Email Address Empire State Realty Trust MarketRank™ Stock AnalysisAnalyst RatingReduce1.67 Rating ScoreUpside/Downside14.2% Downside$8.33 Price TargetShort InterestHealthy4.99% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.36Upright™ Environmental ScoreNews Sentiment0.89Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth1.08%From $0.93 to $0.94 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.86 out of 5 starsFinance Sector1133rd out of 2,641 stocksReal Estate Investment Trusts Industry199th out of 549 stocks 0.8 Analyst's Opinion Consensus RatingEmpire State Realty Trust has received a consensus rating of Reduce. The company's average rating score is 1.67, and is based on no buy ratings, 2 hold ratings, and 1 sell rating.Amount of Analyst CoverageEmpire State Realty Trust has received no research coverage in the past 90 days.Read more about Empire State Realty Trust's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted4.99% of the float of Empire State Realty Trust has been sold short.Short Interest Ratio / Days to CoverEmpire State Realty Trust has a short interest ratio ("days to cover") of 6.3.Change versus previous monthShort interest in Empire State Realty Trust has recently decreased by 17.62%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldEmpire State Realty Trust pays a meaningful dividend of 1.46%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthEmpire State Realty Trust does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Empire State Realty Trust is 46.67%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Empire State Realty Trust will have a dividend payout ratio of 14.89% next year. This indicates that Empire State Realty Trust will be able to sustain or increase its dividend.Read more about Empire State Realty Trust's dividend. Previous Next 2.3 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreEmpire State Realty Trust has received a 8.97% net impact score from Upright. Empire State Realty seems to create the most significant positive value in categories "Taxes", "Societal infrastructure", and "Jobs". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Renovation of offices", "Renovation of market places and retail buildings", and "Real estate development services of offices" products. See details.Environmental SustainabilityThe Environmental Impact score for Empire State Realty Trust is -2.36. Previous Next 2.7 News and Social Media Coverage News SentimentEmpire State Realty Trust has a news sentiment score of 0.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Empire State Realty Trust this week, compared to 2 articles on an average week.MarketBeat FollowsOnly 2 people have added Empire State Realty Trust to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Empire State Realty Trust insiders have not sold or bought any company stock.Percentage Held by Insiders14.01% of the stock of Empire State Realty Trust is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions67.10% of the stock of Empire State Realty Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Empire State Realty Trust's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Empire State Realty Trust are expected to grow by 1.08% in the coming year, from $0.93 to $0.94 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Empire State Realty Trust is 32.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.23.Price to Earnings Ratio vs. SectorThe P/E ratio of Empire State Realty Trust is 32.38, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 50.88.Price to Earnings Growth RatioEmpire State Realty Trust has a PEG Ratio of 4.56. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioEmpire State Realty Trust has a P/B Ratio of 0.91. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Empire State Realty Trust's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad InvestorPlaceElon Musk’s Next Move Will Disrupt AI ForeverA revolutionary venture that is set to get rolled out by May 16. One well-connected Silicon Valley VC has uncovered a way for anybody to claim a stake in "Elon Musk's AI 2.0" with as little as $100.Get all the information here. About Empire State Realty Trust Stock (NYSE:ESRT)Empire State Realty Trust, Inc. (NYSE: ESRT) is a NYC-focused REIT that owns and operates a portfolio of modernized, amenitized, and well-located office, retail, and multifamily assets. The company is the recognized leader in energy efficiency and indoor environmental quality. ESRT's flagship Empire State Building - the "World's Most Famous Building" - includes its Observatory, Tripadvisor's 2023 Travelers' Choice Awards: Best of the Best the #1 attraction in the US for two consecutive years. As of September 30, 2023, ESRT's portfolio is comprised of approximately 8.6 million rentable square feet of office space, 0.7 million rentable square feet of retail space and 727 residential units across three multifamily properties.Read More ESRT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ESRT Stock News HeadlinesMay 10, 2024 | businesswire.comEmpire State Realty Trust Announces Dividend for Second Quarter 2024May 9, 2024 | finance.yahoo.comEmpire State Realty Trust First Quarter 2024 Earnings: Beats ExpectationsMay 6, 2024 | businesswire.comThe Empire State Building Partners with Outward Bound on First-Ever, Full Rappel Down the Building for CharityMay 4, 2024 | fool.com2 Little-Known Stocks That Could Help You Build Generational WealthMay 3, 2024 | finance.yahoo.comWe Think Shareholders Are Less Likely To Approve A Large Pay Rise For Empire State Realty Trust, Inc.'s (NYSE:ESRT) CEO For NowMay 2, 2024 | msn.com‘RHONJ’ Stars Dolores Catania, Margaret Josephs Visit Empire State Building Ahead of Season 14 PremiereMay 1, 2024 | finance.yahoo.comThe Empire State Building Partners with WhatsApp and Mercedes-AMG PETRONAS F1 Team to Produce Dynamic Light Show, Fifth Avenue Demo Run, Exclusive Pop-Ups, and MoreApril 30, 2024 | finance.yahoo.comEmpire State Realty Trust, Inc. (NYSE:ESRT) Q1 2024 Earnings Call TranscriptApril 26, 2024 | finance.yahoo.comEmpire State Realty Trust Inc (ESRT) Q1 2024 Earnings Call Transcript Highlights: Strong ...April 26, 2024 | finance.yahoo.comQ1 2024 Empire State Realty Trust Inc Earnings CallApril 25, 2024 | seekingalpha.comEmpire State Realty Trust, Inc. 2024 Q1 - Results - Earnings Call PresentationApril 24, 2024 | finance.yahoo.comEmpire State Realty Trust Inc. (ESRT) Q1 2024 Earnings: Aligns with Analyst ProjectionsApril 24, 2024 | businesswire.comEmpire State Realty Trust Announces First Quarter 2024 ResultsApril 23, 2024 | businesswire.comEmpire State Realty Trust Publishes 2023 Sustainability Report with Major Achievements, Key Goals, and Transparent MetricsApril 14, 2024 | finance.yahoo.comEmpire State Realty Trust's (NYSE:ESRT) earnings growth rate lags the 55% return delivered to shareholdersApril 10, 2024 | businesswire.comEmpire State Realty Trust Announces Private Placement of $225 Million of Green Senior Unsecured NotesApril 8, 2024 | finance.yahoo.comEmpire State Realty Trust Announces Date of 2024 Annual Meeting of ShareholdersApril 6, 2024 | markets.businessinsider.comStrategic Asset Relinquishment Strengthens Empire State Realty’s Market Position and Financial HealthApril 1, 2024 | finance.yahoo.comFETNER PROPERTIES CONCLUDES SALE OF REMAINING INTEREST IN TWO PROPERTIES TO EMPIRE STATE REALTY TRUSTMarch 28, 2024 | businesswire.comEmpire State Realty Trust Receives WELL Health-Safety Leadership Award; Becomes Among the First Commercial Office and Multifamily Portfolios in the U.S. to Achieve the WELL Equity Rating Through WELL at ScaleMarch 26, 2024 | businesswire.comEmpire State Realty Trust Achieves 2024 ENERGY STAR Sustained Excellence AwardMarch 21, 2024 | finance.yahoo.comEmpire State Realty Trust Announces Dates for First Quarter 2024 Earnings Release and Conference CallMarch 12, 2024 | msn.comEssential Properties Realty Trust prices upsized secondary stock offering at $24.75 a shareMarch 11, 2024 | finance.yahoo.comEmpire State Realty Trust Announces New $715 Million Credit FacilityMarch 11, 2024 | fool.com2 Excellent Stocks Flying Under the Radar That Could Be Massive Long-Term Wealth BuildersSee More Headlines Receive ESRT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Empire State Realty Trust and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings10/27/2021Ex-Dividend for 3/28 Dividend3/14/2024Dividend Payable3/28/2024Today5/14/2024Ex-Dividend for 6/28 Dividend6/14/2024Dividend Payable6/28/2024Next Earnings (Estimated)7/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryN/A Current SymbolNYSE:ESRT CUSIPN/A CIK1541401 Webwww.empirestaterealtytrust.com Phone(212) 850-2600Fax212-850-2751Employees666Year FoundedN/APrice Target and Rating Average Stock Price Target$8.33 High Stock Price Target$9.00 Low Stock Price Target$7.00 Potential Upside/Downside-15.0%Consensus RatingReduce Rating Score (0-4)1.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.30 Trailing P/E Ratio32.67 Forward P/E Ratio10.54 P/E Growth4.56Net Income$53.24 million Net Margins6.51% Pretax Margin11.40% Return on Equity2.85% Return on Assets1.17% Debt Debt-to-Equity Ratio1.23 Current Ratio3.24 Quick Ratio3.24 Sales & Book Value Annual Sales$739.57 million Price / Sales2.17 Cash Flow$1.62 per share Price / Cash Flow6.06 Book Value$10.62 per share Price / Book0.92Miscellaneous Outstanding Shares164,070,000Free Float141,088,000Market Cap$1.61 billion OptionableOptionable Beta1.32 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for May 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Anthony E. Malkin (Age 62)Chairman & CEO Comp: $2.93MMs. Christina Chiu (Age 42)President Comp: $2.46MMr. Thomas P. Durels (Age 62)Executive Vice President of Real Estate Comp: $1.58MMr. Stephen V. Horn (Age 37)Executive VP, Chief Financial & Accounting Officer Mr. Aaron D. Ratner (Age 36)Senior VP & Chief Investment Officer Mr. Sandy JacolowSenior VP & CTOMs. Katy MalonoskiVP & Head of Investor RelationsMs. Heather M. Lawson HoustonSenior VP, Chief Counsel, Corporate & SecretaryMs. Abigail RickardsSenior Vice President of Marketing, Public Relations & DigitalMr. Kevin VilkeSenior VP & Chief People OfficerMore ExecutivesKey CompetitorsRetail Opportunity InvestmentsNASDAQ:ROICReady CapitalNYSE:RCLTC PropertiesNYSE:LTCRLJ Lodging TrustNYSE:RLJGlobal Net LeaseNYSE:GNLView All CompetitorsInstitutional OwnershipCANADA LIFE ASSURANCE CoBought 17,487 shares on 5/14/2024Ownership: 0.188%MQS Management LLCBought 16,977 shares on 5/14/2024Ownership: 0.010%O Shaughnessy Asset Management LLCSold 25,091 shares on 5/13/2024Ownership: 0.339%Vanguard Group Inc.Bought 175,718 shares on 5/10/2024Ownership: 11.756%Allstate CorpBought 25,627 shares on 5/10/2024Ownership: 0.016%View All Institutional Transactions ESRT Stock Analysis - Frequently Asked Questions Should I buy or sell Empire State Realty Trust stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Empire State Realty Trust in the last year. There are currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" ESRT shares. View ESRT analyst ratings or view top-rated stocks. What is Empire State Realty Trust's stock price target for 2024? 3 Wall Street research analysts have issued 1 year target prices for Empire State Realty Trust's stock. Their ESRT share price targets range from $7.00 to $9.00. On average, they anticipate the company's stock price to reach $8.33 in the next year. This suggests that the stock has a possible downside of 14.2%. View analysts price targets for ESRT or view top-rated stocks among Wall Street analysts. How have ESRT shares performed in 2024? Empire State Realty Trust's stock was trading at $9.69 at the beginning of the year. Since then, ESRT shares have increased by 0.3% and is now trading at $9.7150. View the best growth stocks for 2024 here. Are investors shorting Empire State Realty Trust? Empire State Realty Trust saw a decrease in short interest in the month of April. As of April 30th, there was short interest totaling 6,640,000 shares, a decrease of 17.6% from the April 15th total of 8,060,000 shares. Based on an average daily volume of 1,050,000 shares, the short-interest ratio is presently 6.3 days. Approximately 5.0% of the company's stock are sold short. View Empire State Realty Trust's Short Interest. When is Empire State Realty Trust's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024. View our ESRT earnings forecast. How were Empire State Realty Trust's earnings last quarter? Empire State Realty Trust, Inc. (NYSE:ESRT) posted its quarterly earnings data on Wednesday, October, 27th. The real estate investment trust reported ($0.04) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.16 by $0.20. Empire State Realty Trust had a trailing twelve-month return on equity of 2.85% and a net margin of 6.51%. During the same period last year, the company posted $0.12 earnings per share. How often does Empire State Realty Trust pay dividends? What is the dividend yield for Empire State Realty Trust? Empire State Realty Trust declared a quarterly dividend on Friday, May 10th. Stockholders of record on Friday, June 14th will be paid a dividend of $0.035 per share on Friday, June 28th. This represents a $0.14 dividend on an annualized basis and a dividend yield of 1.44%. The ex-dividend date of this dividend is Friday, June 14th. Read our dividend analysis for ESRT. Is Empire State Realty Trust a good dividend stock? Empire State Realty Trust (NYSE:ESRT) pays an annual dividend of $0.14 per share and currently has a dividend yield of 1.46%. The dividend payout ratio is 46.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ESRT will have a dividend payout ratio of 14.89% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ESRT. What ETFs hold Empire State Realty Trust's stock? ETFs with the largest weight of Empire State Realty Trust (NYSE:ESRT) stock in their portfolio include VanEck Office and Commercial REIT ETF (DESK), ALPS Active REIT ETF (REIT) and U.S. Diversified Real Estate ETF (PPTY).Cambria Global Real Estate ETF (BLDG). What guidance has Empire State Realty Trust issued on next quarter's earnings? Empire State Realty Trust updated its FY 2024 earnings guidance on Wednesday, April, 24th. The company provided earnings per share guidance of 0.900-0.940 for the period, compared to the consensus estimate of 0.920. The company issued revenue guidance of -. What is Anthony E. Malkin's approval rating as Empire State Realty Trust's CEO? 32 employees have rated Empire State Realty Trust Chief Executive Officer Anthony E. Malkin on Glassdoor.com. Anthony E. Malkin has an approval rating of 63% among the company's employees. This puts Anthony E. Malkin in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Empire State Realty Trust own? Based on aggregate information from My MarketBeat watchlists, some companies that other Empire State Realty Trust investors own include Exxon Mobil (XOM), QUALCOMM (QCOM), Intel (INTC), Cisco Systems (CSCO), RTX (RTX), Verizon Communications (VZ), Bank of America (BAC), CVS Health (CVS), General Electric (GE) and AT&T (T). Who are Empire State Realty Trust's major shareholders? Empire State Realty Trust's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.76%), William Blair Investment Management LLC (2.29%), Foundry Partners LLC (0.40%), O Shaughnessy Asset Management LLC (0.34%), Nordea Investment Management AB (0.31%) and CANADA LIFE ASSURANCE Co (0.19%). View institutional ownership trends. How do I buy shares of Empire State Realty Trust? Shares of ESRT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:ESRT) was last updated on 5/14/2024 by MarketBeat.com Staff From Our PartnersDid Intel Just Dethrone Nvidia?Chaikin AnalyticsClaim Your Complimentary Bitcoin RewardCrypto Swap ProfitsCharles Payne Demystifies OptionsUnstoppable ProsperityRevolutionizing the Green Energy Space and Building Shareholder Value Along the WaySmall Cap SniperTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaForget Bitcoin. 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