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NYSE:ESRT

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

Empire State Realty Trust logo
$4.14 -0.03 (-0.60%)
As of 09:59 AM Eastern
This is a fair market value price provided by Massive. Learn more.

About Empire State Realty Trust Stock (NYSE:ESRT)

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Key Stats

Today's Range
$4.11
▼
$4.16
50-Day Range
$3.94
▼
$5.80
52-Week Range
$3.93
▼
$8.04
Volume
35,789 shs
Average Volume
2.18 million shs
Market Capitalization
$717.62 million
P/E Ratio
59.21
Dividend Yield
3.38%
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 and operates office, retail and multifamily properties in the greater New York metropolitan area. The company’s portfolio is concentrated in Manhattan and includes prominent commercial properties serving businesses across a range of industries.

The company is best known for owning the Empire State Building, one of New York City’s most recognizable landmarks. In addition to office and retail leasing, Empire State Realty Trust operates the Empire State Building Observatory, which provides visitors with observation experiences, exhibits and related services.

Empire State Realty Trust was established in 2011 and became a publicly traded company in 2013. Its activities include property management, tenant services, leasing and the operation of visitor-oriented attractions associated with the Empire State Building.

AI Generated. May Contain Errors.

Empire State Realty Trust Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
46th Percentile Overall Score

ESRT MarketRank™: 

Empire State Realty Trust scored higher than 46% of companies evaluated by MarketBeat, and ranked 130th out of 186 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 Potential

    Empire State Realty Trust has a consensus price target of $5.00, representing about 19.8% upside from its current price of $4.18.

  • 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 59.65, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 44.66.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Empire State Realty Trust is 59.65, which means that it is trading at a more expensive P/E ratio than the Real Estate sector average P/E ratio of about 27.01.

  • Price to Book Value per Share Ratio

    Empire State Realty Trust has a P/B Ratio of 0.39. 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

    7.93% 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 2.88, 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 increased by 22.32%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Empire State Realty Trust pays a meaningful dividend of 3.36%, 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 1.04. 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 0.64 average news sentiment score of Real Estate companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles 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 2026. Since then, ESRT shares have decreased by 36.0% and is now trading at $4.1750.

Empire State Realty Trust, Inc. (NYSE:ESRT) released its earnings results on Wednesday, July, 29th. The real estate investment trust reported ($0.15) earnings per share for the quarter. The real estate investment trust earned $196.90 million during 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 (IPO) on Wednesday, October 2nd 2013. The company issued 71,500,000 shares at $13.00-$15.00 per share.

Top institutional investors of Empire State Realty Trust include 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 DiamondRock Hospitality (DRH), American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), AUO (AUOTY), iShares Micro-Cap ETF (IWC) and Triple Flag Precious Metals (TFPM).

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
10/05/2026
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
+19.8%
Consensus Rating
Sell
Rating Score (0-4)
1.33
Research Coverage
3 Analysts

Profitability

EPS (Trailing Twelve Months)
$0.07
Trailing P/E Ratio
59.65
Forward P/E Ratio
5.42
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
0.94
Cash Flow
$1.50 per share
Price / Cash Flow
2.78
Book Value
$10.69 per share
Price / Book
0.39

Miscellaneous

Outstanding Shares
173,130,000
Free Float
146,817,000
Market Cap
$722.82 million
Optionable
Optionable
Beta
1.40

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This page (NYSE:ESRT) was last updated on 10/5/2026 by MarketBeat.com Staff.
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