Empire State Realty Trust, Inc. (ESRT)

Market Cap	2.96B
Revenue (ttm)	763.20M
Net Income (ttm)	45.32M
Shares Out	274.42M
EPS (ttm)	0.27
PE Ratio	39.49
Forward PE	165.85
Dividend	$0.14 (1.30%)
Ex-Dividend Date	Sep 16, 2024

Volume	797,578
Open	10.85
Previous Close	10.90
Day's Range	10.67 - 10.87
52-Week Range	8.39 - 11.62
Beta	1.42
Analysts	Hold
Price Target	10.67 (-1.02%)
Earnings Date	Oct 21, 2024

About 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 compri...

• Industry: REIT - Diversified
• Sector: Real Estate
• IPO Date: Oct 2, 2013
• Employees: 666
• Stock Exchange: NYSE
• Ticker Symbol: ESRT
• Website: https://www.esrtreit.com

Financial Performance

In 2023, Empire State Realty Trust's revenue was $739.57 million, an increase of 4.61% compared to the previous year's $707.01 million. Earnings were $48.98 million, an increase of 35.30%.

Analyst Forecast

According to 3 analysts, the average rating for ESRT stock is "Hold." The 12-month stock price forecast is $10.67, which is a decrease of -1.02% from the latest price.

Price Target

$10.67

(-1.02% downside)

Analyst Consensus: Hold