Empire State Realty Trust (ESRT) Stock Forecast, Price & News

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

Is Empire State Realty Trust a buy right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Empire State Realty Trust in the last twelve months. There are currently 2 sell ratings and 2 buy ratings 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.

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 were Empire State Realty Trust's earnings last quarter?

Empire State Realty Trust, Inc. (NYSE:ESRT) released its quarterly earnings data on Wednesday, October, 27th. The real estate investment trust reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by $0.20. Empire State Realty Trust had a negative trailing twelve-month return on equity of 0.89% and a negative net margin of 2.36%. During the same quarter in the prior year, the company earned $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. Stockholders 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 annualized dividend and a dividend yield of 1.78%. The ex-dividend date 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 pays an annual dividend of $0.14 per share and currently has a dividend yield of 1.74%.
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 updated its FY 2022 earnings guidance on Monday, May, 9th. The company provided earnings per share guidance of $0.73-$0.78 for the period. The company issued revenue guidance of -.

What price target have analysts set for ESRT?

4 brokerages have issued 1-year target prices for Empire State Realty Trust's stock. Their forecasts range from $8.00 to $16.00. On average, they expect Empire State Realty Trust's stock price to reach $10.75 in the next twelve months. This suggests a possible upside of 36.9% 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:

• 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. Christopher Blackman, Chief Information Officer
• Ms. Abigail Rickards, Sr. VP of Marketing, PR & Digital
• Mr. Ryan Kass, Sr. VP & Director of Leasing
• Mr. Fred C. Posniak, Sr. VP of Leasing (Age 76)

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 PS Business Parks (PSB), Agree Realty (ADC), Blackstone Mortgage Trust (BXMT), Cousins Properties (CUZ), New Residential Investment (NRZ), Independence Realty Trust (IRT), Douglas Emmett (DEI), Ryman Hospitality Properties (RHP), Kite Realty Group Trust (KRG), National Storage Affiliates Trust (NSA), Howard Hughes (HHC), Healthcare Realty Trust (HR), Highwoods Properties (HIW), Physicians Realty Trust (DOC) and SL Green Realty (SLG).
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 Vanguard Group Inc. (13.66%), Southeastern Asset Management Inc. TN (8.70%), BlackRock Inc. (8.14%), Massachusetts Financial Services Co. MA (5.88%), State Street Corp (4.27%) and Equity Investment Corp (3.15%).
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 Russell Investments Group Ltd., JPMorgan Chase & Co., Goldman Sachs Group Inc., BlackRock Inc., Southeastern Asset Management Inc. TN, UBS Group AG, Guggenheim Capital LLC, and Renaissance Technologies LLC.
View insider buying and selling activity for Empire State Realty Trust or view top insider-selling stocks.

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 Equity Investment Corp, State Street Corp, Massachusetts Financial Services Co. MA, William Blair Investment Management LLC, PEAK6 Investments LLC, APG Asset Management N.V., Modera Wealth Management LLC, and Vanguard Group 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.
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What is Empire State Realty Trust's stock price today?

One share of ESRT stock can currently be purchased for approximately $7.85.

How much money does Empire State Realty Trust make?

Empire State Realty Trust has a market capitalization of $1.32 billion and generates $624.09 million in revenue each year. The real estate investment trust earns $-6.51 million 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.

What is Empire State Realty Trust's official website?

The official website for Empire State Realty Trust is 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, via email at [email protected], or via fax at 212-850-2751.