S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
NYSE:ESRT

Empire State Realty Trust Stock Forecast, Price & News

$9.51
+0.16 (+1.71%)
(As of 12/8/2021 04:00 PM ET)
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Today's Range
$9.28
$9.64
50-Day Range
$8.91
$10.92
52-Week Range
$8.72
$13.11
Volume
2.85 million shs
Average Volume
1.65 million shs
Market Capitalization
$1.65 billion
P/E Ratio
N/A
Dividend Yield
1.50%
Beta
1.08
30 days | 90 days | 365 days | Advanced Chart
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Empire State Realty Trust logo

About Empire State Realty Trust

Empire State Realty Trust, Inc. is a real estate investment trust, which engages in owning, managing, acquiring, and repositioning office and retail properties. It operates through the Real Estate and Observatory segments. The Real Estate segment includes ownership, management, operation, acquisition, repositioning, and disposition of real estate assets. The Observatory segment manages observatories at the Empire state building. The company was founded on July 29, 2011 and is headquartered in New York, NY.

Headlines

Empire State Realty Trust(ESRT)
October 10, 2021 |  fool.com
5 Stocks To Consider For World Gorilla Day
September 24, 2021 |  msn.com
Empire State Realty Trust is Now Oversold
August 19, 2021 |  nasdaq.com
See More Headlines

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
N/A
Sector
Finance
Employees
755
Year Founded
N/A

Sales & Book Value

Annual Sales
$609.23 million
Cash Flow
$1.15 per share
Book Value
$9.88 per share

Profitability

Net Income
$-12.52 million
Pretax Margin
-2.55%

Debt

Price-To-Earnings

Miscellaneous

Free Float
150,695,000
Market Cap
$1.65 billion
Optionable
Optionable

Company Calendar

Ex-Dividend
9/14/2021
Dividend Payable
9/30/2021
Last Earnings
10/27/2021
Today
12/09/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/16/2022

MarketRank

Overall MarketRank

2.70 out of 5 stars

Finance Sector

168th out of 1,342 stocks

Real Estate Investment Trusts Industry

26th out of 223 stocks

Analyst Opinion: 3.1Community Rank: 3.7Dividend Strength: 1.7Insider Behavior: 2.5Valuation: 2.5 5 -4 -3 -2 -1 -












Empire State Realty Trust (NYSE:ESRT) Frequently Asked Questions

Is Empire State Realty Trust a buy right now?

5 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, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Empire State Realty Trust stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ESRT, but not buy additional shares or sell existing shares.
View analyst ratings for Empire State Realty Trust
or view top-rated stocks.

How has Empire State Realty Trust's stock been impacted by Coronavirus (COVID-19)?

Empire State Realty Trust's stock was trading at $10.67 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, ESRT stock has decreased by 10.9% and is now trading at $9.51.
View which stocks have been most impacted by COVID-19
.

When is Empire State Realty Trust's next earnings date?

Empire State Realty Trust is scheduled to release its next quarterly earnings announcement on Wednesday, February 16th 2022.
View our earnings forecast for Empire State Realty Trust
.

How were Empire State Realty Trust's earnings last quarter?

Empire State Realty Trust, Inc. (NYSE:ESRT) issued its earnings results on Wednesday, October, 27th. The real estate investment trust reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by $0.20. Empire State Realty Trust had a negative trailing twelve-month return on equity of 0.20% and a negative net margin of 0.57%. During the same period last year, the company earned $0.12 earnings per share.
View Empire State Realty Trust's earnings history
.

How often does Empire State Realty Trust pay dividends? What is the dividend yield for Empire State Realty Trust?

Empire State Realty Trust announced a quarterly dividend on Monday, August 9th. Investors of record on Wednesday, September 15th will be paid a dividend of $0.035 per share on Thursday, September 30th. This represents a $0.14 dividend on an annualized basis and a dividend yield of 1.47%. The ex-dividend date is Tuesday, September 14th.
View Empire State Realty Trust's dividend history
.

Is Empire State Realty Trust a good dividend stock?

Empire State Realty Trust pays an annual dividend of $0.14 per share and currently has a dividend yield of 1.50%.
View Empire State Realty Trust's dividend history.

What price target have analysts set for ESRT?

5 Wall Street analysts have issued 1-year target prices for Empire State Realty Trust's shares. Their forecasts range from $10.00 to $16.00. On average, they anticipate Empire State Realty Trust's stock price to reach $12.60 in the next year. This suggests a possible upside of 32.5% from the stock's current price.
View analysts' price targets for Empire State Realty Trust
or view top-rated stocks among Wall Street analysts.

Who are Empire State Realty Trust's key executives?

Empire State Realty Trust's management team includes the following people:
  • Anthony E. Malkin, Chairman, President & Chief Executive Officer
  • Christina Chiu, Chief Financial Officer & Executive Vice President
  • Christopher Blackman, Chief Information Officer
  • Thomas N. Keltner, Secretary, Executive VP & General Counsel
  • Ryan Kass, Senior Vice President & Director-Leasing

What is Anthony E. Malkin's approval rating as Empire State Realty Trust's CEO?

32 employees have rated Empire State Realty Trust CEO Anthony E. Malkin on Glassdoor.com. Anthony E. Malkin has an approval rating of 63% among Empire State Realty Trust'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), Raytheon Technologies (RTX), Verizon Communications (VZ), Bank of America (BAC), CVS Health (CVS), General Electric (GE) and AT&T (T).

What is Empire State Realty Trust's stock symbol?

Empire State Realty Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "ESRT."

Who are Empire State Realty Trust's major shareholders?

Empire State Realty Trust's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.01%), Massachusetts Financial Services Co. MA (5.64%), Deutsche Bank AG (4.60%), Credit Suisse AG (3.66%), Morgan Stanley (2.55%) and William Blair Investment Management LLC (1.79%).
View institutional ownership trends for Empire State Realty Trust
.

Which institutional investors are selling Empire State Realty Trust stock?

ESRT stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Deutsche Bank AG, Russell Investments Group Ltd., BlackRock Inc., Barclays PLC, Aew Capital Management L P, Royal Bank of Canada, and Healthcare of Ontario Pension Plan Trust Fund.
View insider buying and selling activity for Empire State Realty Trust
or view top insider-selling stocks.

Which institutional investors are buying Empire State Realty Trust stock?

ESRT stock was bought by a variety of institutional investors in the last quarter, including William Blair Investment Management LLC, Credit Suisse AG, Caption Management LLC, Goldman Sachs Group Inc., Renaissance Technologies LLC, UBS Group AG, Vident Investment Advisory LLC, and American Century Companies Inc..
View insider buying and selling activity for Empire State Realty Trust
or or view top insider-buying stocks.

How do I buy shares of Empire State Realty Trust?

Shares of ESRT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Empire State Realty Trust's stock price today?

One share of ESRT stock can currently be purchased for approximately $9.51.

How much money does Empire State Realty Trust make?

Empire State Realty Trust has a market capitalization of $1.65 billion and generates $609.23 million in revenue each year. The real estate investment trust earns $-12.52 million in net income (profit) each year or ($0.05) on an earnings per share basis.

How many employees does Empire State Realty Trust have?

Empire State Realty Trust employs 755 workers across the globe.

What is Empire State Realty Trust's official website?

The official website for Empire State Realty Trust is www.empirestaterealtytrust.com.

Where are Empire State Realty Trust's headquarters?

Empire State Realty Trust is headquartered at 111 WEST 33RD STREET 12TH FL, NEW YORK NY, 10120.

How can I contact Empire State Realty Trust?

Empire State Realty Trust's mailing address is 111 WEST 33RD STREET 12TH FL, NEW YORK NY, 10120. The real estate investment trust can be reached via phone at (212) 687-8700, via email at [email protected], or via fax at 212-850-2751.


This page was last updated on 12/9/2021 by MarketBeat.com Staff

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