NYSE:ESRT

Empire State Realty Trust Stock Forecast, Price & News

$11.38
+0.16 (+1.43 %)
(As of 04/16/2021 12:00 AM ET)
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Today's Range
$11.26
Now: $11.38
$11.41
50-Day Range
$10.97
MA: $11.38
$11.83
52-Week Range
$5.19
Now: $11.38
$12.11
Volume1.03 million shs
Average Volume1.68 million shs
Market Capitalization$1.95 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.24
Empire 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 ÂWorld'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.
Empire State Realty Trust logo

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone212-687-8700
Employees755
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$731.34 million
Cash Flow$1.64 per share
Book Value$10.71 per share

Profitability

Net Income$51.19 million

Miscellaneous

Market Cap$1.95 billion
Next Earnings Date4/28/2021 (Confirmed)
OptionableOptionable

Headlines

Empire State Realty Trust Inc (A) hosts conference call for investors
April 14, 2021 |  markets.businessinsider.com
Empire State Realty Trust (NYSE:ESRT) Shares Gap Down to $11.17
March 26, 2021 |  americanbankingnews.com
Where Will Empire State Realty Trust Be in 3 Years?
March 19, 2021 |  finance.yahoo.com
Is Empire State Realty Trust a Buy?
February 18, 2021 |  msn.com
When Will the U.S. Economy Return to Normal?
February 11, 2021 |  finance.yahoo.com
See More Headlines

MarketRank

Overall MarketRank

1.14 out of 5 stars

Finance Sector

942nd out of 1,953 stocks

Real Estate Investment Trusts Industry

201st out of 274 stocks

Analyst Opinion: 0.9Community Rank: 1.9Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
$11.38
+0.16 (+1.43 %)
(As of 04/16/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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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, 1 hold rating 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 stocks does MarketBeat like better than Empire State Realty Trust?

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.
View MarketBeat's top stock picks 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, April 28th 2021.
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 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.

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

Empire State Realty Trust, Inc. (NYSE:ESRT) posted its quarterly earnings results on Wednesday, October, 28th. The real estate investment trust reported ($0.05) earnings per share (EPS) for the quarter, missing the Zacks' 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
.

How has Empire State Realty Trust's stock 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 shares have increased by 6.7% and is now trading at $11.38.
View which stocks have been most impacted by COVID-19
.

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 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 annualized dividend and a dividend yield of 3.69%. The ex-dividend date is Thursday, June 18th.
View Empire State Realty Trust's dividend history
.

What price target have analysts set for ESRT?

4 analysts have issued 1-year target prices for Empire State Realty Trust's stock. Their forecasts range from $6.50 to $14.00. On average, they anticipate Empire State Realty Trust's stock price to reach $10.17 in the next year. This suggests that the stock has a possible downside of 10.7%.
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 59, Pay $2.94M)
  • Mr. John B. Kessler, Pres & COO (Age 56, Pay $1.35M)
  • Mr. Thomas N. Keltner Jr., Exec. VP, Gen. Counsel & Sec. (Age 75, Pay $1.06M)
  • Mr. Thomas P. Durels, Exec. VP of Real Estate (Age 59, Pay $1.65M)
  • Ms. Christina Chiu, Exec. VP & CFO (Age 40)
  • Mr. Aaron D. Ratner, Sr. VP & Chief Investment Officer (Age 33)
  • Mr. Stephen Horn, Sr. VP & Chief Accounting Officer (Age 34)
  • Mr. Christopher Blackman, Chief Information Officer
  • Mr. Gregory Faje, VP of Investor Relations
  • Ms. Abigail Rickards, VP & Director of Marketing

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?

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 many different 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
.

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 Pensionfund DSM Netherlands.
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 State of Alaska Department of Revenue.
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 $11.38.

How much money does Empire State Realty Trust make?

Empire State Realty Trust has a market capitalization of $1.95 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.

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 or via email at [email protected]


This page was last updated on 4/18/2021 by MarketBeat.com Staff
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