S&P 500   3,231.86 (-3.17%)
DOW   28,039.88 (-3.29%)
QQQ   221.88 (-3.64%)
AAPL   300.43 (-4.03%)
MSFT   171.94 (-3.72%)
GOOGL   1,420.18 (-4.27%)
AMZN   2,005.15 (-4.33%)
NVDA   273.87 (-6.87%)
BABA   204.40 (-3.85%)
MU   54.68 (-4.05%)
GE   11.89 (-2.94%)
TSLA   835.90 (-7.23%)
AMD   49.06 (-7.92%)
T   38.37 (-0.47%)
ACB   1.55 (-7.19%)
F   7.64 (-3.17%)
NFLX   368.22 (-3.12%)
BAC   32.65 (-4.98%)
GILD   72.21 (+3.60%)
S&P 500   3,231.86 (-3.17%)
DOW   28,039.88 (-3.29%)
QQQ   221.88 (-3.64%)
AAPL   300.43 (-4.03%)
MSFT   171.94 (-3.72%)
GOOGL   1,420.18 (-4.27%)
AMZN   2,005.15 (-4.33%)
NVDA   273.87 (-6.87%)
BABA   204.40 (-3.85%)
MU   54.68 (-4.05%)
GE   11.89 (-2.94%)
TSLA   835.90 (-7.23%)
AMD   49.06 (-7.92%)
T   38.37 (-0.47%)
ACB   1.55 (-7.19%)
F   7.64 (-3.17%)
NFLX   368.22 (-3.12%)
BAC   32.65 (-4.98%)
GILD   72.21 (+3.60%)
S&P 500   3,231.86 (-3.17%)
DOW   28,039.88 (-3.29%)
QQQ   221.88 (-3.64%)
AAPL   300.43 (-4.03%)
MSFT   171.94 (-3.72%)
GOOGL   1,420.18 (-4.27%)
AMZN   2,005.15 (-4.33%)
NVDA   273.87 (-6.87%)
BABA   204.40 (-3.85%)
MU   54.68 (-4.05%)
GE   11.89 (-2.94%)
TSLA   835.90 (-7.23%)
AMD   49.06 (-7.92%)
T   38.37 (-0.47%)
ACB   1.55 (-7.19%)
F   7.64 (-3.17%)
NFLX   368.22 (-3.12%)
BAC   32.65 (-4.98%)
GILD   72.21 (+3.60%)
S&P 500   3,231.86 (-3.17%)
DOW   28,039.88 (-3.29%)
QQQ   221.88 (-3.64%)
AAPL   300.43 (-4.03%)
MSFT   171.94 (-3.72%)
GOOGL   1,420.18 (-4.27%)
AMZN   2,005.15 (-4.33%)
NVDA   273.87 (-6.87%)
BABA   204.40 (-3.85%)
MU   54.68 (-4.05%)
GE   11.89 (-2.94%)
TSLA   835.90 (-7.23%)
AMD   49.06 (-7.92%)
T   38.37 (-0.47%)
ACB   1.55 (-7.19%)
F   7.64 (-3.17%)
NFLX   368.22 (-3.12%)
BAC   32.65 (-4.98%)
GILD   72.21 (+3.60%)
Log in

NYSE:ESRT - Empire State Realty Trust Stock Price, Forecast & News

$13.25
-0.30 (-2.21 %)
(As of 02/24/2020 02:06 PM ET)
Today's Range
$13.18
Now: $13.25
$13.40
50-Day Range
$13.39
MA: $13.81
$14.26
52-Week Range
$12.77
Now: $13.25
$16.23
Volume33,437 shs
Average Volume1.07 million shs
Market Capitalization$2.40 billion
P/E Ratio53.00
Dividend Yield3.10%
Beta0.74
Empire State Realty Trust, Inc (NYSE: ESRT), a leading real estate investment trust (REIT), owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the greater New York metropolitan area, including the Empire State Building, the world's most famous building. Headquartered in New York, New York, the Company's office and retail portfolio covers 10.1 million rentable square feet, as of December 31, 2018, consisting of 9.4 million rentable square feet in 14 office properties, including nine in Manhattan, three in Fairfield County, Connecticut, and two in Westchester County, New York; and approximately 700,000 rentable square feet in the retail portfolio.

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone212-687-8700

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$731.34 million
Cash Flow$1.36 per share
Book Value$11.38 per share

Profitability

Net Income$51.19 million

Miscellaneous

Employees813
Market Cap$2.40 billion
Next Earnings Date4/22/2020 (Estimated)
OptionableOptionable

Receive ESRT News and Ratings via Email

Sign-up to receive the latest news and ratings for ESRT and its competitors with MarketBeat's FREE daily newsletter.


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

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, December 13th. Stockholders of record on Monday, December 23rd will be given a dividend of $0.105 per share on Tuesday, December 31st. This represents a $0.42 dividend on an annualized basis and a dividend yield of 3.17%. The ex-dividend date is Friday, December 20th. View Empire State Realty Trust's Dividend History.

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

Empire State Realty Trust Inc (NYSE:ESRT) posted its quarterly earnings results on Wednesday, February, 19th. The real estate investment trust reported $0.09 EPS for the quarter, missing analysts' consensus estimates of $0.23 by $0.14. The real estate investment trust earned $151.70 million during the quarter, compared to analyst estimates of $129.09 million. Empire State Realty Trust had a net margin of 8.04% and a return on equity of 3.01%. The firm's revenue was up 23.1% on a year-over-year basis. During the same quarter last year, the business posted $0.29 EPS. View Empire State Realty Trust's Earnings History.

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

Empire State Realty Trust is scheduled to release their next quarterly earnings announcement on Wednesday, April 22nd 2020. View Earnings Estimates for Empire State Realty Trust.

What price target have analysts set for ESRT?

3 brokerages have issued 1-year target prices for Empire State Realty Trust's shares. Their forecasts range from $15.00 to $15.00. On average, they expect Empire State Realty Trust's stock price to reach $15.00 in the next twelve months. This suggests a possible upside of 13.2% from the stock's current price. View Analyst Price Targets for Empire State Realty Trust.

What is the consensus analysts' recommendation for Empire State Realty Trust?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Empire State Realty Trust in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Empire State Realty Trust.

Has Empire State Realty Trust been receiving favorable news coverage?

Press coverage about ESRT stock has trended somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Empire State Realty Trust earned a coverage optimism score of 1.2 on InfoTrie's scale. They also gave news stories about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Empire State Realty Trust.

Are investors shorting Empire State Realty Trust?

Empire State Realty Trust saw a increase in short interest in January. As of January 31st, there was short interest totalling 3,780,000 shares, an increase of 33.6% from the January 15th total of 2,830,000 shares. Based on an average trading volume of 909,700 shares, the short-interest ratio is currently 4.2 days. Currently, 2.5% of the shares of the stock are sold short. View Empire State Realty Trust's Current Options Chain.

Who are some of Empire State Realty Trust's key competitors?

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), Ford Motor (F), Bank of America (BAC), General Electric (GE), Cypress Semiconductor (CY), Corning (GLW), Kinder Morgan (KMI), Medical Properties Trust (MPW) and Xilinx (XLNX).

Who are Empire State Realty Trust's key executives?

Empire State Realty Trust's management team includes the folowing people:
  • Mr. Anthony E. Malkin, Chairman & CEO (Age 57)
  • Mr. John B. Kessler, Pres & COO (Age 54)
  • Mr. David A. Karp, Exec. VP & CFO (Age 59)
  • Mr. Thomas N. Keltner Jr., Exec. VP, Gen. Counsel & Sec. (Age 73)
  • Mr. Thomas P. Durels, Exec. VP of Real Estate (Age 57)

Who are Empire State Realty Trust's major shareholders?

Empire State Realty Trust's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Cohen & Steers Inc. (10.88%), Resolution Capital Ltd (2.90%), State Street Corp (2.79%), Renaissance Technologies LLC (2.70%), Alliancebernstein L.P. (2.61%) and Bank of New York Mellon Corp (2.02%). Company insiders that own Empire State Realty Trust stock include David A Karp, Quark Holding Llc and Salvatore Michael Giliberto. 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 Alliancebernstein L.P., Resolution Capital Ltd, State Street Corp, Citigroup Inc., Sei Investments Co., Russell Investments Group Ltd., Bank of America Corp DE and Heitman Real Estate Securities LLC. View Insider Buying and Selling for Empire State Realty Trust.

Which institutional investors are buying Empire State Realty Trust stock?

ESRT stock was acquired by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., Bank of New York Mellon Corp, FMR LLC, Marshall Wace LLP, Geode Capital Management LLC, Charles Schwab Investment Management Inc., Jefferies Group LLC and Great West Life Assurance Co. Can. Company insiders that have bought Empire State Realty Trust stock in the last two years include David A Karp, Quark Holding Llc and Salvatore Michael Giliberto. View Insider Buying and Selling for Empire State Realty Trust.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

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

One share of ESRT stock can currently be purchased for approximately $13.25.

How big of a company is Empire State Realty Trust?

Empire State Realty Trust has a market capitalization of $2.40 billion and generates $731.34 million in revenue each year. The real estate investment trust earns $51.19 million in net income (profit) each year or $0.90 on an earnings per share basis. Empire State Realty Trust employs 813 workers across the globe.View Additional Information About Empire State Realty Trust.

What is Empire State Realty Trust's official website?

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

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 or via email at [email protected]


MarketBeat Community Rating for Empire State Realty Trust (NYSE ESRT)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  219 (Thanks for Voting!)
Underperform Votes:  333 (Thanks for Voting!)
Total Votes:  552
MarketBeat's community ratings are surveys of what our community members think about Empire State Realty Trust and other stocks. Vote "Outperform" if you believe ESRT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ESRT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/24/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel