Empire State Realty Trust Stock Forecast, Price & News

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

Is Empire State Realty Trust a buy right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Empire State Realty Trust in the last twelve months. There are currently 1 sell rating, 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street 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.

How has Empire State Realty Trust's stock price been impacted by COVID-19 (Coronavirus)?

Empire State Realty Trust's stock was trading at $10.67 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ESRT stock has decreased by 11.2% and is now trading at $9.48.
View which stocks have been most impacted by COVID-19.

Are investors shorting Empire State Realty Trust?

Empire State Realty Trust saw a decrease in short interest in the month of October. As of October 15th, there was short interest totaling 10,960,000 shares, a decrease of 16.9% from the September 30th total of 13,190,000 shares. Based on an average trading volume of 1,380,000 shares, the days-to-cover ratio is currently 7.9 days. Approximately 7.7% of the shares of the company are short sold.
View Empire State Realty Trust's Short Interest.

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, February 16th 2022.
View our earnings forecast for Empire State Realty Trust.

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

Empire State Realty Trust, Inc. (NYSE:ESRT) issued its earnings results on Wednesday, October, 27th. The real estate investment trust reported ($0.04) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.16 by $0.20. Empire State Realty Trust had a negative net margin of 0.57% and a negative trailing twelve-month return on equity of 0.20%. During the same quarter last year, the firm 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 declared a quarterly dividend on Monday, August 9th. Shareholders of record on Wednesday, September 15th will be given a dividend of $0.035 per share on Thursday, September 30th. This represents a $0.14 annualized dividend and a yield of 1.48%. The ex-dividend date is Tuesday, September 14th.
View Empire State Realty Trust's dividend history.

Is Empire State Realty Trust a good dividend stock?

Empire State Realty Trust pays an annual dividend of $0.14 per share and currently has a dividend yield of 1.46%.
View Empire State Realty Trust's dividend history.

What price target have analysts set for ESRT?

5 brokerages have issued 1 year target prices for Empire State Realty Trust's shares. Their forecasts range from $10.00 to $16.00. On average, they anticipate Empire State Realty Trust's share price to reach $13.10 in the next year. This suggests a possible upside of 38.2% from the stock's current price.
View analysts' price targets for Empire State Realty Trust or view top-rated stocks among Wall Street analysts.

Who are Empire State Realty Trust's key executives?

Empire State Realty Trust's management team includes the following people:

• Anthony E. Malkin, Chairman, President & Chief Executive Officer
• Christina Chiu, Chief Financial Officer & Executive Vice President
• Christopher Blackman, Chief Information Officer
• Thomas N. Keltner, Secretary, Executive VP & General Counsel
• Ryan Kass, Senior Vice President & Director-Leasing

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 Omega Healthcare Investors (OHI), Klépierre (KLPEF), Douglas Emmett (DEI), MGM Growth Properties (MGP), Cousins Properties (CUZ), National Storage Affiliates Trust (NSA), Rayonier (RYN), Blackstone Mortgage Trust (BXMT), New Residential Investment (NRZ), Howard Hughes (HHC), PS Business Parks (PSB), Agree Realty (ADC), Healthcare Realty Trust (HR), SL Green Realty (SLG) and Highwoods Properties (HIW).
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."

Who are Empire State Realty Trust's major shareholders?

Empire State Realty Trust's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.01%), Massachusetts Financial Services Co. MA (5.64%), Deutsche Bank AG (4.60%), Credit Suisse AG (3.66%), Morgan Stanley (2.55%) and William Blair Investment Management LLC (1.79%).
View institutional ownership trends for Empire State Realty Trust.

Which major investors are selling Empire State Realty Trust stock?

ESRT stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Deutsche Bank AG, Russell Investments Group Ltd., BlackRock Inc., Barclays PLC, Aew Capital Management L P, Royal Bank of Canada, and Healthcare of Ontario Pension Plan Trust Fund.
View insider buying and selling activity for Empire State Realty Trust or view top insider-selling stocks.

Which major investors are buying Empire State Realty Trust stock?

ESRT stock was acquired by a variety of institutional investors in the last quarter, including William Blair Investment Management LLC, Credit Suisse AG, Caption Management LLC, Goldman Sachs Group Inc., Renaissance Technologies LLC, UBS Group AG, Vident Investment Advisory LLC, and American Century Companies Inc..
View insider buying and selling activity for Empire State Realty Trust or or view top insider-buying stocks.

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 $9.48.

How much money does Empire State Realty Trust make?

Empire State Realty Trust has a market capitalization of $1.64 billion and generates $609.23 million in revenue each year. The real estate investment trust earns $-12.52 million in net income (profit) each year or ($0.05) on an earnings per share basis.

How many employees does Empire State Realty Trust have?

Empire State Realty Trust employs 755 workers across the globe.

What is Empire State Realty Trust's official website?

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

Where are Empire State Realty Trust's headquarters?

Empire State Realty Trust is headquartered at 111 WEST 33RD STREET 12TH FL, NEW YORK NY, 10120.

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, via email at [email protected], or via fax at 212-850-2751.