Empire State Realty Trust (ESRT) News Today

Empire State Realty Trust (NYSE:ESRT - Get Free Report) issued its quarterly earnings results on Wednesday. The real estate investment trust reported $0.10 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.24 by ($0.14). Empire State Realty Trust had a net margin of 6.51% and a return on equity of 2.85%. The company had revenue of $189.54 million for the quarter. During the same quarter last year, the firm earned $0.26 EPS.

Empire State Realty Trust (NYSE:ESRT) updated its FY 2024 earnings guidance. The company provided EPS guidance of 0.900-0.940 for the period, compared to the consensus estimate of 0.930.

SG Americas Securities LLC trimmed its holdings in shares of Empire State Realty Trust, Inc. (NYSE:ESRT - Free Report) by 75.6% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,709 shares of the real estate investment tru

Empire State Realty Trust (NYSE:ESRT) Reaches New 1-Year High at $10.91

Jupiter Asset Management Ltd. bought a new position in shares of Empire State Realty Trust, Inc. (NYSE:ESRT - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund bought 285,884 shares of the real estate investment trust's stock, valued

Empire State Realty Trust, Inc. (NYSE:ESRT - Get Free Report) has received a consensus rating of "Hold" from the four brokerages that are covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommen

BMO Capital Markets lifted their target price on shares of Empire State Realty Trust from $11.00 to $12.00 and gave the company an "outperform" rating in a report on Friday.

Empire State Realty Trust (NYSE:ESRT) Hits New 1-Year High at $10.40

Empire State Realty Trust, Inc. (NYSE:ESRT - Get Free Report) was the recipient of a large drop in short interest in June. As of June 15th, there was short interest totalling 5,440,000 shares, a drop of 8.6% from the May 31st total of 5,950,000 shares. Currently, 4.1% of the company's stock are short sold. Based on an average trading volume of 931,400 shares, the days-to-cover ratio is presently 5.8 days.

Wellington Management Group LLP lifted its holdings in shares of Empire State Realty Trust, Inc. (NYSE:ESRT - Free Report) by 19.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,821,372 shares of the real esta

Empire State Realty Trust, Inc. (NYSE:ESRT - Get Free Report) was the recipient of a significant drop in short interest during the month of May. As of May 31st, there was short interest totalling 5,950,000 shares, a drop of 6.2% from the May 15th total of 6,340,000 shares. Currently, 4.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 938,200 shares, the short-interest ratio is presently 6.3 days.

Empire State Realty Trust, Inc. (NYSE:ESRT) declared a quarterly dividend on Friday, May 10th. Stockholders of record on Friday, June 14th will be paid a dividend of 0.035 per share by the real estate investment trust on Friday, June 28th. This represents a $0.14 annualized dividend and a dividend yield of 1.45%. The ex-dividend date of this dividend is Friday, June 14th.

Hotchkis & Wiley Capital Management LLC lowered its position in shares of Empire State Realty Trust, Inc. (NYSE:ESRT - Free Report) by 19.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,241,550 shares

Norges Bank bought a new position in shares of Empire State Realty Trust, Inc. (NYSE:ESRT - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 884,510 shares of the real estate investment trust's stock, valued at

UBS Group AG increased its holdings in shares of Empire State Realty Trust, Inc. (NYSE:ESRT - Free Report) by 20.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 738,405 shares of the real estate investment trust

Cbre Investment Management Listed Real Assets LLC increased its stake in Empire State Realty Trust, Inc. (NYSE:ESRT - Free Report) by 36.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 2,467,453 shares of the real estate investment trust's stoc

Charles Schwab Investment Management Inc. raised its stake in Empire State Realty Trust, Inc. (NYSE:ESRT - Free Report) by 8.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,285,543 shar

Massachusetts Financial Services Co. MA decreased its stake in Empire State Realty Trust, Inc. (NYSE:ESRT - Free Report) by 16.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,132,613 shares of the real estate inve

Federated Hermes Inc. grew its holdings in shares of Empire State Realty Trust, Inc. (NYSE:ESRT - Free Report) by 4,430.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 334,167 shares of the real

Foundry Partners LLC decreased its holdings in Empire State Realty Trust, Inc. (NYSE:ESRT - Free Report) by 25.6% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 585,708 shares of the real estate investm

Empire State Realty Trust, Inc. (NYSE:ESRT - Get Free Report) saw a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 7,820,000 shares, an increase of 8.8% from the March 15th total of 7,190,000 shares. Based on an average daily trading volume, of 1,120,000 shares, the short-interest ratio is currently 7.0 days. Approximately 5.9% of the shares of the company are short sold.

StockNews.com raised shares of Empire State Realty Trust from a "sell" rating to a "hold" rating in a research note on Wednesday.