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Empire State Realty Trust (ESRT) Competitors

$9.53
+0.32 (+3.47%)
(As of 05/31/2024 ET)

ESRT vs. FR, HR, ADC, STWD, AIRC, RITM, KRG, EPRT, VNO, and RYN

Should you be buying Empire State Realty Trust stock or one of its competitors? The main competitors of Empire State Realty Trust include First Industrial Realty Trust (FR), Healthcare Realty Trust (HR), Agree Realty (ADC), Starwood Property Trust (STWD), Apartment Income REIT (AIRC), Rithm Capital (RITM), Kite Realty Group Trust (KRG), Essential Properties Realty Trust (EPRT), Vornado Realty Trust (VNO), and Rayonier (RYN). These companies are all part of the "real estate investment trusts" industry.

Empire State Realty Trust vs.

Empire State Realty Trust (NYSE:ESRT) and First Industrial Realty Trust (NYSE:FR) are both finance companies, but which is the superior stock? We will contrast the two businesses based on the strength of their earnings, profitability, media sentiment, analyst recommendations, community ranking, valuation, dividends, risk and institutional ownership.

First Industrial Realty Trust has a net margin of 45.83% compared to Empire State Realty Trust's net margin of 6.51%. First Industrial Realty Trust's return on equity of 10.97% beat Empire State Realty Trust's return on equity.

Company Net Margins Return on Equity Return on Assets
Empire State Realty Trust6.51% 2.85% 1.17%
First Industrial Realty Trust 45.83%10.97%5.57%

Empire State Realty Trust presently has a consensus target price of $8.33, indicating a potential downside of 12.56%. First Industrial Realty Trust has a consensus target price of $53.09, indicating a potential upside of 12.67%. Given First Industrial Realty Trust's stronger consensus rating and higher probable upside, analysts clearly believe First Industrial Realty Trust is more favorable than Empire State Realty Trust.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Empire State Realty Trust
1 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.67
First Industrial Realty Trust
2 Sell rating(s)
6 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.23

In the previous week, First Industrial Realty Trust had 2 more articles in the media than Empire State Realty Trust. MarketBeat recorded 5 mentions for First Industrial Realty Trust and 3 mentions for Empire State Realty Trust. First Industrial Realty Trust's average media sentiment score of 1.50 beat Empire State Realty Trust's score of 0.84 indicating that First Industrial Realty Trust is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Empire State Realty Trust
2 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
First Industrial Realty Trust
4 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

First Industrial Realty Trust has lower revenue, but higher earnings than Empire State Realty Trust. First Industrial Realty Trust is trading at a lower price-to-earnings ratio than Empire State Realty Trust, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Empire State Realty Trust$739.57M2.13$53.24M$0.3031.77
First Industrial Realty Trust$626.88M9.95$274.82M$2.1721.71

First Industrial Realty Trust received 181 more outperform votes than Empire State Realty Trust when rated by MarketBeat users. Likewise, 58.66% of users gave First Industrial Realty Trust an outperform vote while only 50.96% of users gave Empire State Realty Trust an outperform vote.

CompanyUnderperformOutperform
Empire State Realty TrustOutperform Votes
239
50.96%
Underperform Votes
230
49.04%
First Industrial Realty TrustOutperform Votes
420
58.66%
Underperform Votes
296
41.34%

Empire State Realty Trust has a beta of 1.32, suggesting that its stock price is 32% more volatile than the S&P 500. Comparatively, First Industrial Realty Trust has a beta of 1.05, suggesting that its stock price is 5% more volatile than the S&P 500.

Empire State Realty Trust pays an annual dividend of $0.14 per share and has a dividend yield of 1.5%. First Industrial Realty Trust pays an annual dividend of $1.48 per share and has a dividend yield of 3.1%. Empire State Realty Trust pays out 46.7% of its earnings in the form of a dividend. First Industrial Realty Trust pays out 68.2% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

67.1% of Empire State Realty Trust shares are owned by institutional investors. Comparatively, 99.8% of First Industrial Realty Trust shares are owned by institutional investors. 14.0% of Empire State Realty Trust shares are owned by company insiders. Comparatively, 0.9% of First Industrial Realty Trust shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Summary

First Industrial Realty Trust beats Empire State Realty Trust on 15 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ESRT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ESRT vs. The Competition

MetricEmpire State Realty TrustReal estate investment trusts IndustryFinance SectorNYSE Exchange
Market Cap$1.57B$6.61B$9.63B$17.81B
Dividend Yield1.52%7.03%5.97%3.55%
P/E Ratio31.7735.0246.4524.77
Price / Sales2.136.73126.9811.24
Price / Cash5.8316.1916.3518.95
Price / Book0.919.223.295.90
Net Income$53.24M$151.15M$1.01B$976.46M
7 Day Performance5.54%1.14%0.39%0.62%
1 Month Performance2.92%2.36%3.03%4.79%
1 Year Performance59.90%2.67%17.24%24.00%

Empire State Realty Trust Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FR
First Industrial Realty Trust
4.8976 of 5 stars
$47.10
+1.1%
$53.09
+12.7%
-9.0%$6.23B$614.03M21.71156News Coverage
Positive News
HR
Healthcare Realty Trust
2.9267 of 5 stars
$16.23
+1.2%
$17.30
+6.6%
-12.5%$6.14B$1.34B-12.20584Analyst Forecast
Short Interest ↑
Positive News
ADC
Agree Realty
2.0792 of 5 stars
$60.74
+0.8%
$65.25
+7.4%
-5.4%$6.11B$537.49M35.7372Analyst Forecast
Positive News
STWD
Starwood Property Trust
4.5603 of 5 stars
$19.45
+2.6%
$21.88
+12.5%
+9.5%$5.99B$2.05B13.99293Positive News
AIRC
Apartment Income REIT
2.5862 of 5 stars
$38.75
+0.1%
$36.59
-5.6%
+11.2%$5.62B$803.67M9.10760Short Interest ↑
Positive News
RITM
Rithm Capital
3.2756 of 5 stars
$11.21
+1.1%
$12.32
+9.9%
+35.4%$5.42B$3.80B7.476,570Positive News
KRG
Kite Realty Group Trust
4.2263 of 5 stars
$21.93
+2.3%
$26.40
+20.4%
+13.5%$4.82B$823M84.35229Analyst Forecast
Positive News
EPRT
Essential Properties Realty Trust
3.8487 of 5 stars
$26.78
+1.2%
$28.64
+6.9%
+12.2%$4.69B$359.60M21.7740Analyst Forecast
Positive News
VNO
Vornado Realty Trust
1.8878 of 5 stars
$24.52
+2.9%
$24.45
-0.3%
+83.4%$4.54B$1.81B163.482,935
RYN
Rayonier
3.4742 of 5 stars
$30.02
+1.6%
$34.50
+14.9%
+1.0%$4.40B$1.06B26.80438High Trading Volume

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This page (NYSE:ESRT) was last updated on 6/2/2024 by MarketBeat.com Staff

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