NYSE:ESRT Empire State Realty Trust Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Empire State Realty Trust, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $7.14 -0.04 (-0.56%) (As of 07/5/2022 01:55 PM ET) Add Compare Share Today's Range$6.89▼$7.1550-Day Range$6.57▼$9.0752-Week Range$6.53▼$12.26Volume42,159 shsAverage Volume1.59 million shsMarket Capitalization$1.20 billionP/E RatioN/ADividend Yield1.95%Price Target$7.88 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Empire State Realty Trust MarketRank™ ForecastAnalyst RatingHold1.50 Rating ScoreUpside/Downside10.6% Upside$7.88 Price TargetShort InterestBearish9.73% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-1.66Upright™ Environmental ScoreNews Sentiment0.33Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth14.47%From $0.76 to $0.87 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.1.79 out of 5 starsFinance Sector775th out of 1,398 stocksReal Estate Investment Trusts Industry169th out of 235 stocks 1.8 Analyst's Opinion Consensus RatingEmpire State Realty Trust has received a consensus rating of Hold. The company's average rating score is 1.50, and is based on 1 buy rating, no hold ratings, and 3 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $7.88, Empire State Realty Trust has a forecasted upside of 10.6% from its current price of $7.12.Amount of Analyst CoverageEmpire State Realty Trust has only been the subject of 2 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted9.73% 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 8.7.Change versus previous monthShort interest in Empire State Realty Trust has recently increased by 10.85%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldEmpire State Realty Trust pays a meaningful dividend of 1.95%, 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 SustainabilityBased on earnings estimates, Empire State Realty Trust will have a dividend payout ratio of 16.09% next year. This indicates that Empire State Realty Trust will be able to sustain or increase its dividend. Previous Next 1.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreEmpire State Realty Trust has received a 3.89% net impact score from Upright. Empire State Realty seems to create the most significant positive value in categories "Taxes", "Jobs", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Renovation of offices", "Office leasing services", and "Office cleaning services" products. See details.Environmental SustainabilityThe Environmental Impact score for Empire State Realty Trust is -1.66. Previous Next 1.8 News and Social Media Coverage News SentimentEmpire State Realty Trust has a news sentiment score of 0.33. 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 lower news sentiment than the 0.64 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Empire State Realty Trust this week, compared to 1 article on an average week. 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 Insiders13.29% 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 Institutions77.78% 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. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Empire State Realty Trust are expected to grow by 14.47% in the coming year, from $0.76 to $0.87 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Empire State Realty Trust is -59.33, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Empire State Realty Trust is -59.33, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioEmpire State Realty Trust has a PEG Ratio of 1.16. 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 0.72. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 About Empire State Realty Trust (NYSE:ESRT) StockEmpire 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 September 30, 2020, 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. Long the leader in energy efficiency retrofits and Indoor Environmental Quality, Empire State Realty Trust is the first commercial real estate portfolio in the U.S. to achieve the WELL Health-Safety Rating.Read More ESRT Stock News HeadlinesJune 21, 2022 | finance.yahoo.comIs Empire State Realty Trust (ESRT) Stock Undervalued Right Now?June 18, 2022 | americanbankingnews.comEmpire State Realty Trust (NYSE:ESRT) Reaches New 12-Month Low at $6.56June 9, 2022 | finance.yahoo.comEmpire State Building Honors Judy Garland's 100th Birthday, In Partnership With The Stonewall Inn Gives Back InitiativeJune 1, 2022 | finance.yahoo.comIs Empire State Realty Trust (ESRT) a Great Value Stock Right Now?June 1, 2022 | theglobeandmail.comInstrument Name Empire State Realty Trust Inc Instrument Symbol (ESRT-N)May 29, 2022 | finance.yahoo.comEmpire State Realty Trust, Inc.: Remote Work Dynamic a Structural Headwind; Relaunching Empire State Realty Trust With a $10.50 FVEMay 20, 2022 | finance.yahoo.comEMPIRE STATE REALTY TRUST SIGNS SESAC MUSIC GROUP AT 250 WEST 57TH STREETMay 18, 2022 | finance.yahoo.comEMPIRE STATE BUILDING HONORS THE NOTORIOUS B.I.G.'S 50TH BIRTHDAY, IN PARTNERSHIP WITH THE ESTATE OF THE NOTORIOUS B.I.G.May 13, 2022 | nasdaq.comEmpire State Realty: Promising Signs, but Not EnoughMay 13, 2022 | finance.yahoo.comEmpire State Realty Trust Announces Dividend for Second Quarter 2022May 10, 2022 | finance.yahoo.comEmpire State Building Improves Sustainability and Eliminates Potential Water Damage With WINTMay 8, 2022 | finance.yahoo.comGrowth Investors: Industry Analysts Just Upgraded Their Empire State Realty Trust, Inc. (NYSE:ESRT) Revenue Forecasts By 11%May 5, 2022 | finance.yahoo.comEMPIRE STATE REALTY TRUST SIGNS THREE NEW DEALS THAT TOTAL NEARLY 20K SQUARE FEET AT 1359 BROADWAYMay 2, 2022 | benzinga.comEvercore ISI Group Upgrades Empire State Realty Trust to Outperform, Announces $11 Price TargetApril 29, 2022 | finance.yahoo.comEMPIRE STATE REALTY TRUST RELEASES 2021 SUSTAINABILITY REPORT WITH MAJOR ACHIEVEMENTS, UPDATED GOALS, AND DE&I METRICSApril 29, 2022 | finance.yahoo.comEmpire State Realty Trust (ESRT) Q1 2022 Earnings Call TranscriptApril 28, 2022 | ca.investing.comEmpire State Realty Trust Reports In-Line Q1 EPSApril 28, 2022 | seekingalpha.comEmpire State Realty Trust, Inc. 2022 Q1 - Results - Earnings Call PresentationApril 27, 2022 | finance.yahoo.comEmpire State Realty Trust Announces First Quarter 2022 Results and Provides 2022 GuidanceApril 21, 2022 | finance.yahoo.comEMPIRE STATE REALTY TRUST SHARES GROUNDBREAKING 'EMPIRE BUILDING PLAYBOOK: AN OWNER'S GUIDE TO LOW CARBON RETROFITS' IN PARTNERSHIP WITH NYSERDA AND MAJOR NYC-BASED LANDLORDSApril 5, 2022 | finance.yahoo.comSIGNATURE BANK GROWS AGAIN WITH EMPIRE STATE REALTY TRUST AT 1400 BROADWAYMarch 31, 2022 | finance.yahoo.comEmpire State Realty Trust Announces Dates for First Quarter 2022 Earnings Release and Conference CallMarch 10, 2022 | nasdaq.comEx-Dividend Reminder: Empire State Realty Trust, NexPoint Residential Trust and International Game TechnologyMarch 9, 2022 | benzinga.comEmpire State Realty Trust's Ex-Dividend Date Is Sunday, Here's What You Need To KnowMarch 7, 2022 | benzinga.comBMO Capital Downgrades Empire State Realty Trust to Underperform, Announces $8 Price TargetSee More Headlines Industry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNYSE:ESRT CUSIPN/A CIK1541401 Webwww.empirestaterealtytrust.com Phone(212) 687-8700Fax212-850-2751Employees693Year FoundedN/ACompany Calendar Last Earnings10/27/2021Ex-Dividend for 6/30 Dividend6/14/2022Dividend Payable6/30/2022Today7/05/2022Next Earnings (Confirmed)7/27/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$7.88 High Stock Price Forecast$10.00 Low Stock Price Forecast$5.50 Forecasted Upside/Downside+10.3%Consensus RatingHold Rating Score (0-4)1.5 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($0.12) Trailing P/E RatioN/A Forward P/E Ratio9.39 P/E Growth1.16Net Income$-6,510,000.00 Net Margins-2.36% Pretax Margin-4.40% Return on Equity-0.89% Return on Assets-0.36% Debt Debt-to-Equity Ratio1.39 Current Ratio6.73 Quick Ratio6.73 Sales & Book Value Annual Sales$624.09 million Price / Sales1.92 Cash Flow$1.22 per share Price / Cash Flow5.87 Book Value$9.90 per share Price / Book0.72Miscellaneous Outstanding Shares167,570,000Free Float145,296,000Market Cap$1.20 billion OptionableOptionable Beta1.00 Empire State Realty Trust Frequently Asked Questions Should I buy or sell Empire State Realty Trust stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Empire State Realty Trust in the last year. There are currently 3 sell ratings and 1 buy rating 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. What is Empire State Realty Trust's stock price forecast for 2022? 4 Wall Street research analysts have issued 1-year price objectives for Empire State Realty Trust's stock. Their ESRT stock forecasts range from $5.50 to $10.00. On average, they anticipate Empire State Realty Trust's stock price to reach $7.88 in the next year. This suggests a possible upside of 10.3% from the stock's current price. View analysts' price targets for Empire State Realty Trust or view top-rated stocks among Wall Street analysts. How has Empire State Realty Trust's stock price performed in 2022? Empire State Realty Trust's stock was trading at $8.90 at the beginning of the year. Since then, ESRT shares have decreased by 19.8% and is now trading at $7.14. View the best growth stocks for 2022 here. 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, July 27th 2022. View our earnings forecast for Empire State Realty Trust. How can I listen to Empire State Realty Trust's earnings call? Empire State Realty Trust will be holding an earnings conference call on Thursday, July 28th at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13730152". How were Empire State Realty Trust's earnings last quarter? Empire State Realty Trust, Inc. (NYSE:ESRT) released its earnings results on Wednesday, October, 27th. The real estate investment trust reported ($0.04) earnings per share for the quarter, missing analysts' consensus estimates of $0.16 by $0.20. Empire State Realty Trust had a negative net margin of 2.36% and a negative trailing twelve-month return on equity of 0.89%. During the same period last year, the business posted $0.12 EPS. 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, May 16th. Shareholders of record on Wednesday, June 15th will be given a dividend of $0.035 per share on Thursday, June 30th. This represents a $0.14 dividend on an annualized basis and a yield of 1.96%. The ex-dividend date of this dividend is Tuesday, June 14th. View Empire State Realty Trust's dividend history. Is Empire State Realty Trust a good dividend stock? Empire State Realty Trust(NYSE:ESRT) pays an annual dividend of $0.14 per share and currently has a dividend yield of 1.95%. View Empire State Realty Trust's dividend history. What guidance has Empire State Realty Trust issued on next quarter's earnings? Empire State Realty Trust issued an update on its FY 2022 earnings guidance on Monday, May, 9th. The company provided EPS guidance of $0.73-$0.78 for the period. The company issued revenue guidance of -. Who are Empire State Realty Trust's key executives? Empire State Realty Trust's management team includes the following people: Mr. Anthony E. Malkin, Chairman, CEO & Pres (Age 60, Pay $2.17M)Ms. Christina Chiu, Exec. VP & CFO (Age 41, Pay $1.17M)Mr. Thomas N. Keltner Jr., Exec. VP & Gen. Counsel (Age 76, Pay $979.38k)Mr. Thomas P. Durels, Exec. VP of Real Estate (Age 60, Pay $1.2M)Mr. Aaron D. Ratner, Sr. VP & Chief Investment Officer (Age 34)Mr. Stephen Horn, Sr. VP & Chief Accounting Officer (Age 35)Mr. Sandy Jacolow, Sr. VP & CTOMr. Christopher Blackman, Chief Information OfficerMs. Katy Malonoski, VP & Head of Investor RelationsMs. Abigail Rickards, Sr. VP of Marketing, PR & Digital 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. Who are some of Empire State Realty Trust's key competitors? Some companies that are related to Empire State Realty Trust include Blackstone Mortgage Trust (BXMT), National Storage Affiliates Trust (NSA), Independence Realty Trust (IRT), New Residential Investment (NRZ), Cousins Properties (CUZ), Ryman Hospitality Properties (RHP), Douglas Emmett (DEI), Healthcare Realty Trust (HR), Phillips Edison & Company, Inc. (PECO), Physicians Realty Trust (DOC), Kite Realty Group Trust (KRG), Highwoods Properties (HIW), Broadstone Net Lease (BNL), EPR Properties (EPR) and Howard Hughes (HHC). View all of ESRT's 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), 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." 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 $7.14. How much money does Empire State Realty Trust make? Empire State Realty Trust (NYSE:ESRT) has a market capitalization of $1.20 billion and generates $624.09 million in revenue each year. The real estate investment trust earns $-6,510,000.00 in net income (profit) each year or ($0.12) on an earnings per share basis. How many employees does Empire State Realty Trust have? Empire State Realty Trust employs 693 workers across the globe. 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 official website for Empire State Realty Trust is www.empirestaterealtytrust.com. The real estate investment trust can be reached via phone at (212) 687-8700, via email at ir@empirestaterealtytrust.com, or via fax at 212-850-2751. This page (NYSE:ESRT) was last updated on 7/5/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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