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NYSE:ESRT

Empire State Realty Trust (ESRT) Stock Price, News & Analysis

Empire State Realty Trust logo
$5.03 +0.10 (+1.93%)
Closing price 10/23/2026 03:59 PM Eastern
Extended Trading
$5.02 -0.01 (-0.10%)
As of 10/23/2026 07:30 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Empire State Realty Trust Stock (NYSE:ESRT)

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Key Stats

Today's Range
$4.90
▼
$5.05
50-Day Range
$3.94
▼
$5.03
52-Week Range
$3.93
▼
$8.04
Volume
3.97 million shs
Average Volume
4.96 million shs
Market Capitalization
$869.98 million
P/E Ratio
71.80
Dividend Yield
2.79%
Price Target
$5.00
Consensus Rating
Sell

Company Overview

Empire State Realty Trust, Inc. is a self-managed real estate investment trust that owns, manages, operates, acquires and repositions office, retail and multifamily properties in New York City and the surrounding metropolitan area. Its portfolio is concentrated in Manhattan and includes properties serving businesses, residents, retailers and visitors.

The company's landmark asset is the Empire State Building, which it operates as a mixed-use office, retail and tourist destination. Empire State Realty Trust also manages the building's public observatories, offering visitors views of New York City, and provides leasing and property-management services across its portfolio.

Empire State Realty Trust was formed in 2011 and became a publicly traded company in 2013. The company emphasizes building operations, tenant services, energy efficiency and sustainability while seeking to maintain and enhance the value of its properties in the New York metropolitan market.

AI Generated. May Contain Errors.

Empire State Realty Trust Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
32nd Percentile Overall Score

ESRT MarketRank™: 
1.57634810464 of 5 stars

Empire State Realty Trust scored higher than 32% of companies evaluated by MarketBeat, and ranked 154th out of 189 stocks in the real estate sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Empire State Realty Trust has received a consensus rating of Sell. The company's average rating score is 1.33, and is based on no strong buy ratings, no buy ratings, 1 hold rating, and 2 sell ratings.

  • Upside/Downside

    The consensus price target for Empire State Realty Trust is close to its current price, suggesting limited near-term upside or downside.

  • Amount of Analyst Coverage

    Empire State Realty Trust has only been the subject of 3 research reports in the past 90 days.

  • Read more about Empire State Realty Trust's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Empire State Realty Trust is 71.80, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 40.42.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Empire State Realty Trust is 71.80, which means that it is trading at a more expensive P/E ratio than the Real Estate sector average P/E ratio of about 18.44.

  • Price to Book Value per Share Ratio

    Empire State Realty Trust has a P/B Ratio of 0.47. 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.
  • Percentage of Shares Shorted

    7.51% of the float of Empire State Realty Trust has been sold short.
  • Short Interest Ratio / Days to Cover

    Empire State Realty Trust has a short interest ratio ("days to cover") of 2.01, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Empire State Realty Trust has recently decreased by 5.23%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Empire State Realty Trust pays a meaningful dividend of 2.84%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Empire State Realty Trust does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Empire State Realty Trust is 200.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Read more about Empire State Realty Trust's dividend.
  • News Sentiment

    Empire State Realty Trust has a news sentiment score of 1.68. 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 0.58 average news sentiment score of Real Estate companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Empire State Realty Trust this week, compared to 2 articles on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, Empire State Realty Trust insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    15.20% 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 Institutions

    67.10% 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.
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ESRT Stock News Headlines

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ESRT Stock Analysis - Frequently Asked Questions

Empire State Realty Trust's stock was trading at $6.52 at the beginning of the year. Since then, ESRT shares have decreased by 22.9% and is now trading at $5.0250.

Empire State Realty Trust, Inc. (NYSE:ESRT) issued its quarterly earnings results on Wednesday, July, 29th. The real estate investment trust reported ($0.15) earnings per share (EPS) for the quarter. The real estate investment trust had revenue of $196.90 million for the quarter. Empire State Realty Trust had a trailing twelve-month return on equity of 0.40% and a net margin of 0.93%.
Read the conference call transcript
.

Empire State Realty Trust (ESRT) raised $1 billion in an initial public offering on Wednesday, October 2nd 2013. The company issued 71,500,000 shares at a price of $13.00-$15.00 per share.

Top institutional investors of Empire State Realty Trust include Inspire Investing LLC (0.09%), Evergreen Capital Management LLC (0.08%), Signaturefd LLC (0.03%) and Versant Capital Management Inc (0.01%).
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Empire State Realty Trust investors own include Bank of America (BAC), ExxonMobil (XOM), Home Depot (HD), Mastercard (MA), Pfizer (PFE), AT&T (T) and Alphabet (GOOG).

Company Calendar

Last Earnings
7/29/2026
Record date for 9/30 Dividend
9/15/2026
Ex-Dividend for 9/30 Dividend
9/15/2026
Dividend Payable
9/30/2026
Today
10/23/2026
Next Earnings (Confirmed)
11/02/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Office REITs
Sub-Industry
Office REITs
Current Symbol
NYSE:ESRT
CIK
1541401
Employees
642
Year Founded
N/A

Price Target and Rating

High Price Target
$5.00
Low Price Target
$5.00
Potential Upside/Downside
-0.5%
Consensus Rating
Sell
Rating Score (0-4)
1.33
Research Coverage
3 Analysts

Profitability

EPS (Trailing Twelve Months)
$0.07
Trailing P/E Ratio
71.80
Forward P/E Ratio
6.53
P/E Growth
N/A
Net Income
$47.60 million
Net Margins
0.93%
Pretax Margin
1.29%
Return on Equity
0.40%
Return on Assets
0.17%

Debt

Debt-to-Equity Ratio
1.15
Current Ratio
1.32
Quick Ratio
1.32

Sales & Book Value

Annual Sales
$768.27 million
Price / Sales
1.13
Cash Flow
$1.53 per share
Price / Cash Flow
3.29
Book Value
$10.69 per share
Price / Book
0.47

Miscellaneous

Outstanding Shares
173,130,000
Free Float
146,817,000
Market Cap
$869.98 million
Optionable
Optionable
Beta
1.40

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This page (NYSE:ESRT) was last updated on 10/23/2026 by MarketBeat.com Staff.
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