Empire State Realty Trust Company Profile (NYSE:ESRT)

About Empire State Realty Trust

Empire State Realty Trust logoEmpire State Realty Trust, Inc. is a real estate investment trust. The Company owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the greater New York metropolitan area. The Company's segments include Real Estate, Observatory and Other. The Real Estate segment includes the Company's activities related to the ownership, management, operation, acquisition, repositioning and disposition of its real estate assets. The Observatory segment operates the 86th and 102nd floor observatories at the Empire State Building. The Other segment includes the Company's activities related to providing construction services to tenants and to other entities. The Company's total portfolio contains approximately 10.1 million rentable square feet of office and retail space. The Company's portfolio includes approximately 10 office properties and over six standalone retail properties.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Diversified
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: ESRT
  • CUSIP:
Key Metrics:
  • Previous Close: $21.09
  • 50 Day Moving Average: $20.24
  • 200 Day Moving Average: $20.34
  • 52-Week Range: $14.97 - $22.31
  • Trailing P/E Ratio: 62.21
  • Foreward P/E Ratio: 21.74
  • P/E Growth: 0.00
  • Market Cap: $3.27B
  • Outstanding Shares: 155,037,000
  • Beta: 0.98
Profitability:
  • Net Margins: 8.70%
  • Return on Equity: 3.60%
  • Return on Assets: 1.57%
Debt:
  • Debt-to-Equity Ratio: 0.83%
  • Current Ratio: 5.29%
  • Quick Ratio: 5.29%
Additional Links:
Companies Related to Empire State Realty Trust:

Analyst Ratings

Consensus Ratings for Empire State Realty Trust (NYSE:ESRT) (?)
Ratings Breakdown: 1 Hold Rating, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.80)
Consensus Price Target: $21.00 (0.43% downside)

Analysts' Ratings History for Empire State Realty Trust (NYSE:ESRT)
Show:
DateFirmActionRatingPrice TargetDetails
11/30/2016Wells Fargo & CompanySet Price TargetHold$20.00View Rating Details
11/2/2016BMO Capital MarketsSet Price TargetBuy$24.00View Rating Details
8/25/2016BTIG ResearchInitiated CoverageBuy$24.00View Rating Details
3/28/2016Cowen and CompanyInitiated CoverageOutperform$20.00View Rating Details
2/26/2016Goldman Sachs Group, Inc. (The)Lower Price Target$21.00 -> $20.00View Rating Details
2/24/2016Stifel NicolausLower Price TargetBuy$20.00 -> $18.00View Rating Details
(Data available from 2/21/2015 forward)

Earnings

Earnings History for Empire State Realty Trust (NYSE:ESRT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/22/2017Q416N/AView Earnings Details
7/27/2016Q216$0.26$0.24$116.59 million$165.80 millionViewN/AView Earnings Details
4/27/2016Q116$0.20$0.21$130.79 million$157.10 millionViewN/AView Earnings Details
2/22/2016Q415$0.23$0.24$113.55 million$165.20 millionViewListenView Earnings Details
10/28/2015Q315$0.26$0.27$114.12 million$175.80 millionViewListenView Earnings Details
7/29/2015Q215$0.23$0.26$110.94 million$112.90 millionViewListenView Earnings Details
4/28/2015Q115$0.19$0.20$111.82 million$151.88 millionViewN/AView Earnings Details
2/25/2015Q414$0.20$0.25$121.99 million$170.40 millionViewN/AView Earnings Details
10/29/2014Q314$0.21$0.25$114.90 million$169.40 millionViewN/AView Earnings Details
7/30/2014Q1$0.21$0.22$91.29 million$155.17 millionViewN/AView Earnings Details
5/6/2014$0.16$0.17$92.97 millionViewN/AView Earnings Details
2/27/2014$0.17$0.17$93.12 million$127.60 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Empire State Realty Trust (NYSE:ESRT)
Current Year EPS Consensus Estimate: $0.92 EPS
Next Year EPS Consensus Estimate: $0.97 EPS

Dividends

Current Dividend Information for Empire State Realty Trust (NYSE:ESRT)
Annual Dividend:$0.42
Dividend Yield:1.99%
Dividend Growth:71.40% (3 Year Average)
Payout Ratio:123.53% (Based on Trailing 12 Months of Earnings)
45.65% (Based on Current Year Consensus EPS Estimate)
43.30% (Based on Next Year Consensus EPS Estimate)

Dividend History for Empire State Realty Trust (NYSE:ESRT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/25/2016Quarterly$0.112.09%12/13/201612/15/201612/29/2016
9/8/2016quarterly$0.111.97%9/15/20169/19/20169/30/2016
6/2/2016quarterly$0.112.19%6/13/20166/15/20166/30/2016
2/22/2016quarterly$0.092.18%3/14/20163/16/20163/31/2016
12/4/2015quarterly$0.091.86%12/11/201512/15/201512/31/2015
8/26/2015quarterly$0.092.09%9/11/20159/15/20159/30/2015
5/21/2015quarterly$0.091.87%6/11/20156/15/20156/30/2015
2/19/2015quarterly$0.091.86%3/11/20153/13/20153/31/2015
12/1/2014quarterly$0.092.02%12/11/201412/15/201412/31/2014
9/2/2014quarterly$0.092.08%9/11/20149/15/20149/30/2014
5/22/2014quarterly$0.092.05%6/11/20146/13/20146/30/2014
2/21/2014quarterly$0.092.27%3/12/20143/14/20143/31/2014
12/6/2013special$0.0812/12/201312/16/201312/30/2013
12/5/2013quarterly$0.0812/16/201312/30/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Empire State Realty Trust (NYSE:ESRT)
Insider Ownership Percentage: 13.70%
Institutional Ownership Percentage: 82.96%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/26/2016Salvatore Michael GilibertoDirectorBuy1,000$15.94$15,940.00View SEC Filing  
8/25/2014Alice ConnellDirectorBuy1,205$16.61$20,015.05View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Empire State Realty Trust (NYSE:ESRT)
DateHeadline
News IconAnalysts Peer Into Their Crystal Balls For Empire State Realty Trust, Inc. (NYSE:ESRT): Where Is It headed? - Winfield Review (NYSE:ESRT)
winfieldreview.com - February 20 at 4:40 PM
prnewswire.com logoEmpire State Realty Trust Welcomes Mt. Sinai's Corporate Offices to 250 West 57th Street - PR Newswire (press release) (NYSE:ESRT)
www.prnewswire.com - February 18 at 4:44 PM
seekingalpha.com logoEmpire State Realty Trust declares $0.105 dividend (NYSE:ESRT)
seekingalpha.com - February 17 at 5:29 PM
News IconDividend Growth of Empire State Realty Trust, Inc.(ESRT) (NYSE:ESRT)
xboxonezone.com - February 17 at 5:29 PM
finance.yahoo.com logoEmpire State Realty Trust, Inc. Announces Dividend for First Quarter 2017 (NYSE:ESRT)
finance.yahoo.com - February 17 at 5:28 PM
finance.yahoo.com logoEmpire State Realty Trust Welcomes Mt. Sinai's Corporate Offices to 250 West 57th Street (NYSE:ESRT)
finance.yahoo.com - February 17 at 5:28 PM
News IconMeet some of the couples who were married on Valentine's Day at the Empire State Building (NYSE:ESRT)
610kvnu.com - February 14 at 11:06 PM
prnewswire.com logoEmpire State Realty Trust Adds National Spirits Distributor to Full-Floor Roster at 10 Bank Street - PR Newswire (press release) (NYSE:ESRT)
www.prnewswire.com - February 13 at 10:56 PM
finance.yahoo.com logoEmpire State Realty Trust Adds National Spirits Distributor to Full-Floor Roster at 10 Bank Street (NYSE:ESRT)
finance.yahoo.com - February 13 at 5:52 PM
finance.yahoo.com logoEmpire State Building Announces Winners Of 2017 Valentine's Day Wedding Contest (NYSE:ESRT)
finance.yahoo.com - February 10 at 5:34 PM
News IconCompany Outlook on Empire State Realty Trust, Inc. (NYSE:ESRT) : Analyst Consensus in Focus - Midway Monitor (NYSE:ESRT)
midwaymonitor.com - February 9 at 3:39 AM
prnewswire.com logoTechnical Reports on REIT Equities -- Empire State Realty Trust, Investors Real Estate Trust, Lamar Advertising, and Blackstone Mortgage Trust (NYSE:ESRT)
www.prnewswire.com - February 7 at 6:16 PM
capitalcube.com logoETFs with exposure to Empire State Realty Trust, Inc. : February 3, 2017 (NYSE:ESRT)
www.capitalcube.com - February 3 at 5:26 PM
capitalcube.com logoEmpire State Realty Trust, Inc. breached its 50 day moving average in a Bearish Manner : ESRT-US : February 2, 2017 (NYSE:ESRT)
www.capitalcube.com - February 2 at 5:33 PM
capitalcube.com logoEmpire State Realty Trust, Inc. : ESRT-US: Dividend Analysis : December 15th, 2016 (record date) : By the numbers : January 31, 2017 (NYSE:ESRT)
www.capitalcube.com - January 31 at 5:43 PM
finance.yahoo.com logoEmpire State Realty Trust Announces Dates for Fourth Quarter 2016 Earnings Release and Conference Call (NYSE:ESRT)
finance.yahoo.com - January 30 at 9:21 PM
News IconWhat are Stock Advisors saying about Empire State Realty Trust, Inc. (ESRT) (NYSE:ESRT)
avauncer.com - January 28 at 4:46 AM
prnewswire.com logoEmpire State Realty Trust Adds Full-Floor Tenant to First Stamford Place - PR Newswire (press release) (NYSE:ESRT)
www.prnewswire.com - January 27 at 6:42 PM
finance.yahoo.com logoEmpire State Realty Trust Adds Full-Floor Tenant to First Stamford Place (NYSE:ESRT)
finance.yahoo.com - January 27 at 6:42 PM
News IconEarnings in Full Force, Analysts Take Aim at Empire State Realty Trust, Inc. (NYSE:ESRT) - Wall Street Beacon (NYSE:ESRT)
wsbeacon.com - January 26 at 6:24 PM
businesswire.com logoEmpire State Realty Trust Announces 2016 Tax Treatment of Its Distributions - Business Wire (press release) (NYSE:ESRT)
www.businesswire.com - January 22 at 4:56 PM
News IconATR Check for Empire State Realty Trust Inc (ESRT) - Springdale Times (NYSE:ESRT)
springdaletimes.com - January 22 at 4:56 PM
4-traders.com logoEmpire State Realty Trust : New York to hold China-related cultural events to mark Year of Rooster (NYSE:ESRT)
www.4-traders.com - January 20 at 6:19 PM
finance.yahoo.com logoEmpire State Realty Trust Announces 2016 Tax Treatment of Its Distributions (NYSE:ESRT)
finance.yahoo.com - January 20 at 6:19 PM
News IconInvestor Technical Review for Empire State Realty Trust Inc (ESRT) - Sherwood Daily (NYSE:ESRT)
sherwooddaily.com - January 17 at 5:42 AM
News IconDividend Darling With Consensus Upside? Look No Further Than Empire State Realty Trust, Inc. (NYSE:ESRT) - Aiken Advocate (NYSE:ESRT)
aikenadvocate.com - January 16 at 5:06 PM
News IconTechnicals in Focus for Empire State Realty Trust, Inc. (ESRT) - The USA Commerce (NYSE:ESRT)
theusacommerce.com - January 16 at 9:47 AM
News IconNorthern Trust Corp Raises Position in Education Realty Trust Inc. (EDR) (NYSE:ESRT)
diariocatolico.net - January 14 at 2:02 AM
News IconEmpire State Realty Trust, Inc. (ESRT): Checking the Chart - The USA Commerce (NYSE:ESRT)
theusacommerce.com - January 13 at 9:02 PM
News IconEducation Realty Trust Inc. (edr) Announces Quarterly Dividend of $0.38 (NYSE:ESRT)
xboxonezone.com - January 13 at 4:01 PM
capitalcube.com logoEmpire State Realty Trust, Inc. breached its 50 day moving average in a Bearish Manner : ESRT-US : January 10, 2017 (NYSE:ESRT)
www.capitalcube.com - January 10 at 6:00 PM
News IconEmpire State Realty Trust, Inc. (NYSE:ESRT) Broker Views On Wall Street (NYSE:ESRT)
jagsreport.com - December 30 at 10:29 PM
capitalcube.com logoEmpire State Realty Trust, Inc. breached its 50 day moving average in a Bearish Manner : ESRT-US : December 26, 2016 (NYSE:ESRT)
www.capitalcube.com - December 26 at 11:18 AM
capitalcube.com logoEmpire State Realty Trust, Inc. breached its 50 day moving average in a Bearish Manner : ESRT-US : December 16, 2016 (NYSE:ESRT)
www.capitalcube.com - December 16 at 5:34 PM
prnewswire.com logoEmpire State Realty Trust And iHeartMedia Premiere New Holiday Music-To-Light Show Featuring Mariah Carey - PR Newswire (press release) (NYSE:ESRT)
www.prnewswire.com - December 14 at 3:45 AM
finance.yahoo.com logoEmpire State Realty Trust And iHeartMedia Premiere New Holiday Music-To-Light Show Featuring Mariah Carey (NYSE:ESRT)
finance.yahoo.com - December 12 at 5:18 PM
News IconInvestor Gauge: Tracking Technical Indicators for Empire State Realty Trust Inc (ESRT) - StockTalk Daily (NYSE:ESRT)
stocktalkdaily.com - December 11 at 11:02 AM
insidermonkey.com logoShould You Avoid Empire State Realty Trust Inc (ESRT)? (NYSE:ESRT)
www.insidermonkey.com - December 11 at 11:02 AM
prnewswire.com logoEmpire State Realty Trust Adds Premium Coffee Company to Retail Roster at One Grand Central Place - PR Newswire (press release) (NYSE:ESRT)
www.prnewswire.com - December 9 at 10:22 PM
finance.yahoo.com logoEmpire State Realty Trust Adds Premium Coffee Company to Retail Roster at One Grand Central Place (NYSE:ESRT)
finance.yahoo.com - December 9 at 9:16 AM
bloomberg.com logoNYC to Get 1,020-Foot Skydeck Near Grand Central Terminal (NYSE:ESRT)
us.rd.yahoo.com - December 5 at 5:43 PM
News IconEmpire State Realty Trust Inc(NYSE:ESRT) Declares Dividend of $0.1050 (NYSE:ESRT)
mjbstar.com - December 1 at 6:28 AM
capitalcube.com logoETFs with exposure to Empire State Realty Trust, Inc. : November 30, 2016 (NYSE:ESRT)
www.capitalcube.com - November 30 at 5:04 PM
capitalcube.com logoEmpire State Realty Trust, Inc. breached its 50 day moving average in a Bullish Manner : ESRT-US : November 29, 2016 (NYSE:ESRT)
www.capitalcube.com - November 29 at 5:25 PM
capitalcube.com logoEmpire State Realty Trust, Inc. breached its 50 day moving average in a Bullish Manner : ESRT-US : November 29, 2016 (NYSE:ESRT)
www.capitalcube.com - November 29 at 5:25 PM
businesswire.com logoEmpire State Realty Trust, Inc. Announces Dividend for Fourth ... - Business Wire (press release) (NYSE:ESRT)
www.businesswire.com - November 25 at 4:56 PM
finance.yahoo.com logoEmpire State Realty Trust, Inc. Announces Dividend for Fourth Quarter 2016 (NYSE:ESRT)
finance.yahoo.com - November 25 at 10:04 AM
News IconInvestor Guide: Check on Technical Levels for Empire State Realty Trust Inc (ESRT) - StockTalk Daily (NYSE:ESRT)
stocktalkdaily.com - November 23 at 10:35 PM
finance.yahoo.com logoEmpire State Building Launches 23rd Annual Valentine's Day Weddings Contest (NYSE:ESRT)
finance.yahoo.com - November 22 at 10:33 PM
News IconLooking at the Gauges on Empire State Realty Trust Inc (ESRT) - StockTalk Daily (NYSE:ESRT)
stocktalkdaily.com - November 19 at 10:29 AM

Social

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."

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, November 25th. Shareholders of record on Thursday, December 15th will be paid a dividend of $0.105 per share on Thursday, December 29th. This represents a $0.42 dividend on an annualized basis and a yield of 1.99%. The ex-dividend date of this dividend is Tuesday, December 13th.

Where is Empire State Realty Trust's stock going? Where will Empire State Realty Trust's stock price be in 2017?

5 analysts have issued 12-month price objectives for Empire State Realty Trust's stock. Their forecasts range from $18.00 to $24.00. On average, they anticipate Empire State Realty Trust's share price to reach $21.00 in the next year.

When will Empire State Realty Trust announce their earnings?

Empire State Realty Trust is scheduled to release their next quarterly earnings announcement on Monday, February, 20th 2017.

Who owns Empire State Realty Trust stock?

Empire State Realty Trust's stock is owned by many different of institutional and retail investors. Top institutional shareholders include FMR LLC (5.20%), Renaissance Technologies LLC (2.52%), State Street Corp (1.14%), Dimensional Fund Advisors LP (1.10%), Russell Investments Group Ltd. (0.70%) and Chilton Capital Management LLC (0.40%).

Who sold Empire State Realty Trust stock? Who is selling Empire State Realty Trust stock?

Empire State Realty Trust's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Renaissance Technologies LLC, Guggenheim Capital LLC, Westwood Holdings Group Inc. and Gerber Kawasaki Wealth & Investment Management.

Who bought Empire State Realty Trust stock? Who is buying Empire State Realty Trust stock?

Empire State Realty Trust's stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Dimensional Fund Advisors LP, Janus Capital Management LLC, State Street Corp, Heitman Real Estate Securities LLC, Asset Management One Co. Ltd., Cipher Capital LP and A.R.T. Advisors LLC.

How do I buy Empire State Realty Trust stock?

Shares of Empire State Realty Trust can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Empire State Realty Trust stock cost?

One share of Empire State Realty Trust stock can currently be purchased for approximately $21.09.

Empire State Realty Trust (NYSE:ESRT) Chart for Tuesday, February, 21, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Empire State Realty Trust (NYSE:ESRT)

Earnings History Chart

Earnings by Quarter for Empire State Realty Trust (NYSE:ESRT)

Dividend History Chart

Dividend Payments by Quarter for Empire State Realty Trust (NYSE:ESRT)

Last Updated on 2/21/2017 by MarketBeat.com Staff