NYSE:ESRT Empire State Realty Trust (ESRT) Stock Price, News & Analysis $10.75 +0.21 (+1.99%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$10.29▼$10.7650-Day Range$8.96▼$11.1352-Week Range$7.25▼$11.20Volume3.19 million shsAverage Volume1.08 million shsMarket Capitalization$1.77 billionP/E Ratio35.83Dividend Yield1.30%Price Target$9.25 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Empire State Realty Trust alerts: Email Address Empire State Realty Trust MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside14.0% Downside$9.25 Price TargetShort InterestBearish4.47% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.39Upright™ Environmental ScoreNews Sentiment1.00Based on 13 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.3.45 out of 5 starsFinance Sector377th out of 898 stocksReal Estate Investment Trusts Industry71st out of 181 stocks 1.0 Analyst's Opinion Consensus RatingEmpire State Realty Trust has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 2 hold ratings, and 1 sell rating.Amount of Analyst CoverageEmpire State Realty Trust has only been the subject of 1 research reports in the past 90 days.Read more about Empire State Realty Trust's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.47% 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 6.2.Change versus previous monthShort interest in Empire State Realty Trust has recently increased by 14.10%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldEmpire State Realty Trust pays a meaningful dividend of 1.31%, 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 8.47% 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 -2.39. Previous Next 3.3 News and Social Media Coverage News SentimentEmpire State Realty Trust has a news sentiment score of 1.00. 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 0.50 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 13 news articles for Empire State Realty Trust this week, compared to 2 articles on an average week.Search Interest3 people have searched for ESRT on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added Empire State Realty Trust to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 Insiders13.95% 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 1.9 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 35.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.45.Price to Earnings Ratio vs. SectorThe P/E ratio of Empire State Realty Trust is 35.83, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 57.14.Price to Earnings Growth RatioEmpire State Realty Trust has a PEG Ratio of 6.52. 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 1.01. P/B Ratios below 3 indicates that a company is reasonably valued 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 Weiss RatingsNvidia’s Quiet $1 Trillion PivotNvidia recently added $277 billion in market cap … IN ONE DAY.Find out details on these three critical Nvidia partners immediately. 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 HeadlinesJuly 25 at 5:36 PM | seekingalpha.comEmpire State Realty Trust, Inc. (ESRT) Q2 2024 Earnings Call TranscriptJuly 25 at 7:02 AM | americanbankingnews.comEmpire State Realty Trust (NYSE:ESRT) Reaches New 12-Month High at $10.91July 26, 2024 | American Hartford Gold Group (Ad)Prepare for a Recession Unlike Any OtherDave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.July 24 at 8:21 AM | americanbankingnews.comEmpire State Realty Trust, Inc. (NYSE:ESRT) Given Average Rating of "Hold" by BrokeragesJuly 22, 2024 | americanbankingnews.comEmpire State Realty Trust (ESRT) to Release Earnings on WednesdayJuly 20, 2024 | americanbankingnews.comEmpire State Realty Trust (NYSE:ESRT) Given New $12.00 Price Target at BMO Capital MarketsJuly 19, 2024 | markets.businessinsider.comEmpire State Realty Trust: A Strong Buy on Robust Leasing and Strategic LeadershipJune 25, 2024 | businesswire.comThe Empire State Building Observatory #1 Attraction in the World in Tripadvisor 2024 Travelers' Choice AwardsJuly 26, 2024 | Darwin (Ad)Top Stock Unveiled!Ready to discover the standout stock of 2024? We’ve identified a single buy & hold gem that’s poised to redefine your portfolio. Download our exclusive report now and dive into the Insights. Click below to opt-in and receive up to two additional free bonus subscriptions. Unsubscribe at any time.June 24, 2024 | businesswire.comEmpire State Realty Trust Announces Dates for Second Quarter 2024 Earnings Release and Conference CallJune 16, 2024 | businesswire.comA Spectacle in NYC: Empire State Building Debuts 270-Foot Vhagar the Dragon Coiled Around the Building's Mast, in Partnership with MaxJune 13, 2024 | seekingalpha.comEmpire State Realty Trust: Fairly Priced, Worth WatchingMay 28, 2024 | bizjournals.comPontera Solutions to relocate to the Empire State BuildingMay 28, 2024 | finance.yahoo.comPontera Solutions Signs 41k Square Foot Expansion Lease with ESRT at the Empire State BuildingMay 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 WealthSee 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 Ex-Dividend for 6/28 Dividend6/14/2024Dividend Payable6/28/2024Last Earnings7/24/2024Today7/26/2024Next Earnings (Estimated)10/23/2024Fiscal 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$9.25 High Stock Price Target$12.00 Low Stock Price Target$7.00 Potential Upside/Downside-14.0%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.30 Trailing P/E Ratio35.83 Forward P/E Ratio11.56 P/E Growth6.52Net Income$53.24 million Net Margins5.89% Pretax Margin11.40% Return on Equity2.57% Return on Assets1.06% Debt Debt-to-Equity Ratio1.23 Current Ratio3.24 Quick Ratio3.24 Sales & Book Value Annual Sales$739.57 million Price / Sales2.40 Cash Flow$1.59 per share Price / Cash Flow6.75 Book Value$10.62 per share Price / Book1.01Miscellaneous Outstanding Shares165,020,000Free Float141,999,000Market Cap$1.77 billion OptionableOptionable Beta1.40 Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. 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 CompetitorsAgree RealtyNYSE:ADCHealthcare Realty TrustNYSE:HRStarwood Property TrustNYSE:STWDRyman Hospitality PropertiesNYSE:RHPApartment Income REITNYSE:AIRCView All CompetitorsInstitutional OwnershipBank of New York Mellon CorpBought 37,370 shares on 7/26/2024Ownership: 0.514%Benin Management CORPSold 1,000 shares on 7/23/2024Ownership: 0.020%Capital Investment Counsel IncBought 19,800 shares on 7/22/2024Ownership: 0.012%Sumitomo Mitsui Trust Holdings Inc.Sold 3,398 shares on 7/19/2024Ownership: 0.089%Assenagon Asset Management S.A.Bought 3,120 shares on 7/18/2024Ownership: 0.022%View All Institutional Transactions ESRT Stock Analysis - Frequently Asked Questions How have ESRT shares performed this year? Empire State Realty Trust's stock was trading at $9.69 at the beginning of 2024. Since then, ESRT shares have increased by 10.9% and is now trading at $10.75. View the best growth stocks for 2024 here. How were Empire State Realty Trust's earnings last quarter? Empire State Realty Trust, Inc. (NYSE:ESRT) released its quarterly earnings results on Wednesday, July, 24th. The real estate investment trust reported $0.10 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.24 by $0.14. The real estate investment trust earned $189.54 million during the quarter. Empire State Realty Trust had a trailing twelve-month return on equity of 2.57% and a net margin of 5.89%. 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. Who are Empire State Realty Trust's major shareholders? Top institutional investors of Empire State Realty Trust include Bank of New York Mellon Corp (0.51%), Sumitomo Mitsui Trust Holdings Inc. (0.09%), Bbjs Financial Advisors LLC (0.04%) and Assenagon Asset Management S.A. (0.02%). 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. What other stocks do shareholders of Empire State Realty Trust own? Based on aggregate information from My MarketBeat watchlists, some other companies that Empire State Realty Trust investors own include Exxon Mobil (XOM), QUALCOMM (QCOM), Intel (INTC), Cisco Systems (CSCO), RTX (RTX), Verizon Communications (VZ) and Bank of America (BAC). This page (NYSE:ESRT) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredThis student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. 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