NYSE:ESRT Empire State Realty Trust (ESRT) Stock Price, News & Analysis $10.25 -0.27 (-2.57%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$10.24▼$10.5550-Day Range$9.26▼$11.1352-Week Range$7.25▼$11.20Volume1.45 million shsAverage Volume1.10 million shsMarket Capitalization$1.69 billionP/E Ratio34.17Dividend Yield1.37%Price Target$10.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Empire State Realty Trust alerts: Email Address Empire State Realty Trust MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside2.4% Upside$10.50 Price TargetShort InterestHealthy3.74% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.39Upright™ Environmental ScoreNews Sentiment1.31Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.55 out of 5 starsFinance Sector264th out of 871 stocksReal Estate Investment Trusts Industry49th out of 178 stocks 1.3 Analyst's Opinion Consensus RatingEmpire State Realty Trust has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Amount of Analyst CoverageEmpire State Realty Trust has only been the subject of 1 research reports in the past 90 days.Read more about Empire State Realty Trust's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.74% of the float of Empire State Realty Trust has been sold short.Short Interest Ratio / Days to CoverEmpire State Realty Trust has a short interest ratio ("days to cover") of 4.6.Change versus previous monthShort interest in Empire State Realty Trust has recently decreased by 5.28%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldEmpire State Realty Trust pays a meaningful dividend of 1.32%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthEmpire State Realty Trust does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Empire State Realty Trust is 46.67%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Empire State Realty Trust will have a dividend payout ratio of 14.89% next year. This indicates that Empire State Realty Trust will be able to sustain or increase its dividend.Read more about Empire State Realty Trust's dividend. Previous Next 2.3 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreEmpire State Realty Trust has received a 8.47% net impact score from Upright. Empire State Realty seems to create the most significant positive value in categories "Taxes", "Societal infrastructure", and "Jobs". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Renovation of offices", "Renovation of market places and retail buildings", and "Real estate development services of offices" products. See details.Environmental SustainabilityThe Environmental Impact score for Empire State Realty Trust is -2.39. Previous Next 2.9 News and Social Media Coverage News SentimentEmpire State Realty Trust has a news sentiment score of 1.31. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.70 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Empire State Realty Trust this week, compared to 2 articles on an average week.Search InterestOnly 3 people have searched for ESRT on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Empire State Realty Trust to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Empire State Realty Trust insiders have not sold or bought any company stock.Percentage Held by Insiders13.95% of the stock of Empire State Realty Trust is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions67.10% of the stock of Empire State Realty Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Empire State Realty Trust's insider trading history. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Empire State Realty Trust are expected to remain at $0.94 per share in the coming year.Price to Earnings Ratio vs. the MarketThe P/E ratio of Empire State Realty Trust is 34.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.87.Price to Earnings Ratio vs. SectorThe P/E ratio of Empire State Realty Trust is 34.17, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 32.21.Price to Earnings Growth RatioEmpire State Realty Trust has a PEG Ratio of 6.52. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioEmpire State Realty Trust has a P/B Ratio of 0.97. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Empire State Realty Trust's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressKamala’s Dirty Election Move… RevealedAccording to former advisor to the CIA, the Pentagon and the White House Jim Rickards… Kamala and her puppet masters are planning this dirty election move… Click here now and learn how to prepare. About Empire State Realty Trust Stock (NYSE:ESRT)Empire State Realty Trust, Inc. (NYSE: ESRT) is a NYC-focused REIT that owns and operates a portfolio of modernized, amenitized, and well-located office, retail, and multifamily assets. The company is the recognized leader in energy efficiency and indoor environmental quality. ESRT's flagship Empire State Building - the "World's Most Famous Building" - includes its Observatory, Tripadvisor's 2023 Travelers' Choice Awards: Best of the Best the #1 attraction in the US for two consecutive years. As of September 30, 2023, ESRT's portfolio is comprised of approximately 8.6 million rentable square feet of office space, 0.7 million rentable square feet of retail space and 727 residential units across three multifamily properties.Read More ESRT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ESRT Stock News HeadlinesSeptember 3, 2024 | americanbankingnews.comEmpire State Realty Trust, Inc. (NYSE:ESRT) Sees Significant Decline in Short InterestAugust 11, 2024 | finance.yahoo.comESRT Aug 2024 12.500 put (ESRT240816P00012500)September 7, 2024 | Golden Crest (Ad)Biden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.August 7, 2024 | stockhouse.comEmpire State Realty Trust Announces Dividend for Third Quarter 2024August 7, 2024 | nz.finance.yahoo.comEmpire State Realty Trust Inc (ES9.SG)August 2, 2024 | finance.yahoo.comESRT Signs the William Carter Company and Equativ for 49k Square Feet at 1350 BroadwayJuly 28, 2024 | gurufocus.comQ2 2024 Empire State Realty Trust Inc Earnings Call TranscriptJuly 27, 2024 | finance.yahoo.comEmpire State Realty Trust Second Quarter 2024 Earnings: EPS Beats ExpectationsSeptember 7, 2024 | Golden Crest (Ad)Biden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.July 25, 2024 | seekingalpha.comEmpire State Realty Trust, Inc. (ESRT) Q2 2024 Earnings Call TranscriptJuly 19, 2024 | markets.businessinsider.comEmpire State Realty Trust: A Strong Buy on Robust Leasing and Strategic LeadershipJune 25, 2024 | businesswire.comThe Empire State Building Observatory #1 Attraction in the World in Tripadvisor 2024 Travelers' Choice AwardsJune 24, 2024 | businesswire.comEmpire State Realty Trust Announces Dates for Second Quarter 2024 Earnings Release and Conference CallJune 16, 2024 | businesswire.comA Spectacle in NYC: Empire State Building Debuts 270-Foot Vhagar the Dragon Coiled Around the Building's Mast, in Partnership with MaxJune 13, 2024 | seekingalpha.comEmpire State Realty Trust: Fairly Priced, Worth WatchingMay 28, 2024 | bizjournals.comPontera Solutions to relocate to the Empire State BuildingMay 28, 2024 | finance.yahoo.comPontera Solutions Signs 41k Square Foot Expansion Lease with ESRT at the Empire State BuildingMay 10, 2024 | businesswire.comEmpire State Realty Trust Announces Dividend for Second Quarter 2024See More Headlines Receive ESRT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Empire State Realty Trust and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 6/28 Dividend6/14/2024Dividend Payable6/28/2024Last Earnings7/24/2024Today9/07/2024Ex-Dividend for 9/30 Dividend9/16/2024Dividend Payable9/30/2024Next Earnings (Estimated)10/23/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryN/A Current SymbolNYSE:ESRT CUSIPN/A CIK1541401 Webwww.empirestaterealtytrust.com Phone(212) 850-2600Fax212-850-2751Employees666Year FoundedN/APrice Target and Rating Average Stock Price Target$10.50 High Stock Price Target$12.00 Low Stock Price Target$9.00 Potential Upside/Downside+2.4%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.30 Trailing P/E Ratio34.17 Forward P/E Ratio10.90 P/E Growth6.52Net Income$53.24 million Net Margins5.89% Pretax Margin11.40% Return on Equity2.57% Return on Assets1.06% Debt Debt-to-Equity Ratio1.23 Current Ratio3.24 Quick Ratio3.24 Sales & Book Value Annual Sales$755.13 million Price / Sales2.24 Cash Flow$1.50 per share Price / Cash Flow6.83 Book Value$10.62 per share Price / Book0.97Miscellaneous Outstanding Shares165,019,000Free Float141,999,000Market Cap$1.69 billion OptionableOptionable Beta1.39 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. Anthony E. Malkin (Age 62)Chairman & CEO Comp: $2.93MMs. Christina Chiu (Age 42)President Comp: $2.46MMr. Thomas P. Durels (Age 62)Executive Vice President of Real Estate Comp: $1.58MMr. Stephen V. Horn (Age 37)Executive VP, Chief Financial & Accounting Officer Mr. Aaron D. Ratner (Age 36)Senior VP & Chief Investment Officer Mr. Sandy JacolowSenior VP & CTOMs. Katy MalonoskiVP & Head of Investor RelationsMs. Heather M. Lawson HoustonSenior VP, Chief Counsel, Corporate & SecretaryMs. Abigail RickardsSenior Vice President of Marketing, Public Relations & DigitalMr. Kevin VilkeSenior VP & Chief People OfficerMore ExecutivesKey CompetitorsVornado Realty TrustNYSE:VNOStarwood Property TrustNYSE:STWDRyman Hospitality PropertiesNYSE:RHPKite Realty Group TrustNYSE:KRGEssential Properties Realty TrustNYSE:EPRTView All CompetitorsInstitutional OwnershipAlgert Global LLCSold 8,093 shares on 8/16/2024Ownership: 0.025%Lighthouse Investment Partners LLCBought 845,000 shares on 8/15/2024Ownership: 0.512%AXA S.A.Bought 133,848 shares on 8/15/2024Ownership: 0.104%The Manufacturers Life Insurance Company Bought 4,708 shares on 8/15/2024Ownership: 0.043%AQR Capital Management LLCSold 13,061 shares on 8/15/2024Ownership: 0.014%View All Institutional Transactions ESRT Stock Analysis - Frequently Asked Questions How have ESRT shares performed this year? Empire State Realty Trust's stock was trading at $9.69 on January 1st, 2024. Since then, ESRT stock has increased by 5.8% and is now trading at $10.25. View the best growth stocks for 2024 here. How were Empire State Realty Trust's earnings last quarter? Empire State Realty Trust, Inc. (NYSE:ESRT) announced its earnings results on Wednesday, July, 24th. The real estate investment trust reported $0.10 EPS for the quarter, missing analysts' consensus estimates of $0.24 by $0.14. The real estate investment trust had revenue of $189.54 million for the quarter. Empire State Realty Trust had a trailing twelve-month return on equity of 2.57% and a net margin of 5.89%. What is Anthony E. Malkin's approval rating as Empire State Realty Trust's CEO? 32 employees have rated Empire State Realty Trust Chief Executive Officer Anthony E. Malkin on Glassdoor.com. Anthony E. Malkin has an approval rating of 63% among the company's employees. This puts Anthony E. Malkin in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. Who are Empire State Realty Trust's major shareholders? Empire State Realty Trust's top institutional shareholders include Massachusetts Financial Services Co. MA (2.55%), William Blair Investment Management LLC (2.27%), Dimensional Fund Advisors LP (1.21%) and Millennium Management LLC (0.99%). View institutional ownership trends. How do I buy shares of Empire State Realty Trust? Shares of ESRT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Empire State Realty Trust own? Based on aggregate information from My MarketBeat watchlists, some other companies that Empire State Realty Trust investors own include Exxon Mobil (XOM), QUALCOMM (QCOM), Intel (INTC), Cisco Systems (CSCO), RTX (RTX), Verizon Communications (VZ) and Bank of America (BAC). This page (NYSE:ESRT) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. 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