NYSE:ESRTEmpire State Realty Trust Stock Price, Forecast & News

Empire State Realty Trust's stock was trading at $10.67 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ESRT shares have decreased by 39.9% and is now trading at $6.41. View which stocks have been most impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Empire State Realty Trust in the last year. There are currently 2 sell ratings and 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Empire State Realty Trust.

Empire State Realty Trust is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Empire State Realty Trust.

Empire State Realty Trust will be holding an earnings conference call on Wednesday, July 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Empire State Realty Trust Inc (NYSE:ESRT) released its quarterly earnings data on Wednesday, April, 22nd. The real estate investment trust reported $0.02 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.17 by $0.15. The real estate investment trust had revenue of $148.11 million for the quarter, compared to the consensus estimate of $129.66 million. Empire State Realty Trust had a net margin of 7.96% and a return on equity of 3.04%. The business's quarterly revenue was up 3.3% compared to the same quarter last year. During the same period last year, the firm posted $0.19 earnings per share. View Empire State Realty Trust's earnings history.

Empire State Realty Trust announced a quarterly dividend on Tuesday, June 9th. Shareholders of record on Friday, June 19th will be given a dividend of $0.105 per share on Tuesday, June 30th. This represents a $0.42 dividend on an annualized basis and a yield of 6.55%. The ex-dividend date is Thursday, June 18th. View Empire State Realty Trust's dividend history.

4 brokerages have issued 12 month price targets for Empire State Realty Trust's stock. Their forecasts range from $7.50 to $15.00. On average, they anticipate Empire State Realty Trust's stock price to reach $10.38 in the next year. This suggests a possible upside of 61.9% from the stock's current price. View analysts' price targets for Empire State Realty Trust.

News stories about ESRT stock have been trending somewhat negative recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Empire State Realty Trust earned a daily sentiment score of -1.5 on InfoTrie's scale. They also gave news headlines about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news about Empire State Realty Trust.

Some companies that are related to Empire State Realty Trust include Life Storage (LSI), American Campus Communities (ACC), Stag Industrial (STAG), Cousins Properties (CUZ), QTS Realty Trust (QTS), JBG SMITH Properties (JBGS), Equity Commonwealth (EQC), Starwood Property Trust (STWD), Healthcare Realty Trust (HR), Highwoods Properties (HIW), PS Business Parks (PSB), Brixmor Property Group (BRX), SL Green Realty (SLG), MGM Growth Properties (MGP) and Agree Realty (ADC). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Empire State Realty Trust investors own include Exxon Mobil (XOM), QUALCOMM (QCOM), General Electric (GE), Alibaba Group (BABA), Ford Motor (F), Home Depot (HD), AT&T (T), Verizon Communications (VZ), Bank of America (BAC) and Cisco Systems (CSCO).

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

Empire State Realty Trust's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.05%). View institutional ownership trends for Empire State Realty Trust.

ESRT stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc.. View insider buying and selling activity for 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.

One share of ESRT stock can currently be purchased for approximately $6.41.

Empire State Realty Trust has a market capitalization of $1.12 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.

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

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]