Empire State Realty Trust Stock Forecast, Price & News

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, 1 hold rating and 1 buy rating 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.
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Wall Street analysts have given Empire State Realty Trust a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Empire State Realty Trust wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Empire State Realty Trust is scheduled to release its next quarterly earnings announcement on Wednesday, April 28th 2021.
View our earnings forecast for Empire State Realty Trust.

Empire State Realty Trust will be holding an earnings conference call on Wednesday, April 28th 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) issued its quarterly earnings results on Wednesday, October, 28th. The real estate investment trust reported ($0.05) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.13 by $0.18. Empire State Realty Trust had a trailing twelve-month return on equity of 0.25% and a net margin of 0.69%.
View Empire State Realty Trust's earnings history.

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. Since then, ESRT shares have increased by 4.9% and is now trading at $11.19.
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Empire State Realty Trust declared a quarterly dividend on Tuesday, June 9th. Shareholders of record on Friday, June 19th will be paid a dividend of $0.105 per share on Tuesday, June 30th. This represents a $0.42 annualized dividend and a yield of 3.75%. The ex-dividend date of this dividend is Thursday, June 18th.
View Empire State Realty Trust's dividend history.

4 analysts have issued 1 year target prices for Empire State Realty Trust's shares. Their forecasts range from $6.50 to $14.00. On average, they anticipate Empire State Realty Trust's share price to reach $10.17 in the next year. This suggests that the stock has a possible downside of 9.1%.
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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.

Some companies that are related to Empire State Realty Trust include Starwood Property Trust (STWD), Rexford Industrial Realty (REXR), Life Storage (LSI), Apartment Income REIT (AIRC), Healthcare Trust of America (HTA), Brixmor Property Group (BRX), First Industrial Realty Trust (FR), American Campus Communities (ACC), EastGroup Properties (EGP), Douglas Emmett (DEI), The Howard Hughes (HHC), STAG Industrial (STAG), Cousins Properties (CUZ), MGM Growth Properties (MGP) and CoreSite Realty (COR).
View all of ESRT's 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), 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).

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 variety of institutional and retail investors. Top institutional shareholders include State of Alaska Department of Revenue (0.03%) and Pensionfund DSM Netherlands (0.03%).
View institutional ownership trends for Empire State Realty Trust.

ESRT stock was sold by a variety of institutional investors in the last quarter, including Pensionfund DSM Netherlands.
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ESRT stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue.
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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.
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One share of ESRT stock can currently be purchased for approximately $11.19.

Empire State Realty Trust has a market capitalization of $1.92 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 755 workers across the globe.

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

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

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]