Skip to main content

Empire State Realty Trust, Inc. (ESRT)

NYSE: ESRT · IEX Real-Time Price · USD
10.89 -0.09 (-0.82%)
Oct 21, 2021 4:00 PM EDT - Market closed
Market Cap1.89B
Revenue (ttm)596.69M
Net Income (ttm)-8.96M
Shares Out171.62M
EPS (ttm)-0.09
PE Ration/a
Forward PE90.91
Dividend$0.04 (0.32%)
Ex-Dividend DateSep 14, 2021
Volume750,353
Open11.01
Previous Close10.98
Day's Range10.77 - 11.05
52-Week Range5.16 - 13.03
Beta1.14
AnalystsBuy
Price Target12.18 (+11.8%)
Est. Earnings DateOct 27, 2021

About ESRT

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 ?World'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, ...

IndustryEquity Real Estate Investment Trusts (REITs)
IPO DateOct 2, 2013
CEOAnthony Malkin
Employees755
Stock ExchangeNYSE
Ticker SymbolESRT
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for ESRT stock is "Buy." The 12-month stock price forecast is 12.18, which is an increase of 11.85% from the latest price.

Price Target
$12.18
(11.85% upside)
Analyst Consensus: Buy

News

Annual Empire State Building Run-Up Presented by Turkish Airlines Powered by the Challenged Athletes Foundation Retur...

Celebrities, Elite Tower Runners and Challenged Athletes to Participate in Iconic Race NEW YORK, Oct. 20, 2021 /PRNewswire/ -- Today, the Empire State Building  announced the elite tower runners, challe...

1 day ago - PRNewsWire

Empire State Realty Trust Achieves GRESB 5 Star Rating For Second Consecutive Year

NEW YORK, Oct. 19, 2021 /PRNewswire/ --  Empire State Realty Trust (NYSE: ESRT) announced today that it achieved the highest possible Global Real Estate Sustainability Benchmark (GRESB) 5 Star Rating fo...

2 days ago - PRNewsWire

Empire State Building Introduces 'Happily Ever Empire' Engagement Package For Unforgettable Proposals On Its Iconic 8...

Guests can now pop the question and toast to their "yes!" at the top of the World's Most Romantic Building NEW YORK, Oct. 18, 2021 /PRNewswire/ -- Today, the Empire State Building  (ESB) launched 'Happi...

3 days ago - PRNewsWire

iCapital Network, Inc. More Than Doubles Its Current Office Space With Empire State Realty Trust At One Grand Central...

NEW YORK, Oct. 13, 2021 /PRNewswire/ --  Empire State Realty Trust  (NYSE: ESRT) announced today that iCapital Network, Inc., a leading global financial technology platform that improves access and effi...

1 week ago - PRNewsWire

Empire State Building Partners With Bronx Brewery As Second Vendor In ESB Pop-Up Program To Offer Drinks And Snacks T...

NEW YORK, Oct. 13, 2021 /PRNewswire/ -- Prost! In its 90th year, the Empire State Building (ESB) has much to toast to as it brings Oktoberfest to its iconic 86th Floor Observatory with Bronx Brewery eve...

1 week ago - PRNewsWire

Empire State Realty Trust Announces Dates for Third Quarter 2021 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE:ESRT) (the “Company”), a leading real estate investment trust with office and retail properties in Manhattan and the greater New York met...

2 weeks ago - Business Wire

Empire State Realty Trust Signs Le Cafe Coffee To 250 West 57th Street

NEW YORK, Sept. 28, 2021 /PRNewswire/ -- Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that Le Café Coffee, a specialty crafted coffee shop with traditional pastries and artisanal healthy...

3 weeks ago - PRNewsWire

Empire State Realty Trust Signs New Lease With American Eagle Outfitters In Prime Connecticut Retail Location

NEW YORK, Sept. 27, 2021 /PRNewswire/ -- Empire State Realty Trust (NYSE: ESRT) announced today that global fashion retailer American Eagle Outfitters has signed a new lease for a 2,874 square foot reta...

3 weeks ago - PRNewsWire

Empire State Realty Trust to Participate at BofA Securities 2021 Global Real Estate Virtual Conference

NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”), a leading real estate investment trust with office and retail properties in Manhattan and the greater New York me...

1 month ago - Business Wire

The Empire State Building Partners With New York Designer LaQuan Smith To Host Its First-Ever Fashion Show This Thurs...

NEW YORK, Sept. 7, 2021 /PRNewswire/ --  The Empire State Building announced a partnership with famed New York City designer LaQuan Smith to create the city's most iconic catwalk for New York Fashion Week.

1 month ago - PRNewsWire

Empire State Realty Trust Announces Dividend for Third Quarter 2021

NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”), a leading real estate investment trust with office and retail properties in Manhattan and the greater New York me...

2 months ago - Business Wire

7 REITs I Own and Never Plan to Sell

Here are my seven largest real estate investment trust positions and why I value them so highly.

Other symbols:COSTDLTROPEAKSKTWBA
2 months ago - The Motley Fool

Empire State Building Launches Pop-Up Program With New York-Based Businesses To Offer Guests ESB-Exclusive Drinks And...

NEW YORK, July 29, 2021 /PRNewswire/ -- The Empire State Building's (ESB) 90th birthday celebrations are about to get even sweeter with the launch of the Empire State Building Observatory pop-up program...

2 months ago - PRNewsWire

Empire State Realty Trust Announces Second Quarter 2021 Results

NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) (the "Company"), a real estate investment trust with office and retail properties in Manhattan and the greater New York metropolit...

2 months ago - Business Wire

Is Empire State Realty Trust (ESRT) a Good Pick for Value Investors?

Is Empire State Realty Trust (ESRT) a great pick from the value investor's perspective right now? Read on to know more.

2 months ago - Zacks Investment Research

Uncertain post-pandemic reopening plans threaten real estate market

The changing nature of in-person and remote work is affecting the commercial real estate market, Empire State Realty Trust CEO Anthony Malkin tells Kelly Evans on 'The Exchange.' For access to live and ...

3 months ago - CNBC Television

ESRT vs. CUBE: Which Stock Should Value Investors Buy Now?

ESRT vs. CUBE: Which Stock Is the Better Value Option?

Other symbols:CUBE
3 months ago - Zacks Investment Research

Empire State Realty Trust Signs Rizzo Group and CodeGreen Solutions to 1350 Broadway

NEW YORK, July 6, 2021 /PRNewswire/ -- Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that Rizzo Group, a leading building code consulting firm, and CodeGreen Solutions, Inc., a decarboniz...

3 months ago - PRNewsWire

This Stock Is Built to Win as the Economy Reopens

Could this be the ultimate "reopening" stock?

Other symbols:AMCEPRMTN
3 months ago - The Motley Fool

Empire State Realty Trust Announces Dates for Second Quarter 2021 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE:ESRT) (the “Company”), a leading real estate investment trust with office and retail properties in Manhattan and the greater New York met...

3 months ago - Business Wire

Empire State Building Announces 10th Annual Photo Contest, with Grand Prize of $5k and $500 Gift Card

NEW YORK, June 24, 2021 /PRNewswire/ -- Empire State Realty Trust (NYSE: ESRT) announced today that the 10th annual Empire State Building Photo Contest will return on June 24, 2021. Photographers of all...

3 months ago - PRNewsWire

Empire State Building Fully Reopens Observatory Experience With Interactive Exhibits, No Mask Requirements

NEW YORK, June 16, 2021 /PRNewswire/ --  The Empire State Building  (ESB), the World's Most Famous Building, announced today that it has lifted COVID-19 protocols for guests of its Observatory Experienc...

4 months ago - PRNewsWire

Empire State Realty Trust to Offer Streamlined Entry to Fully Vaccinated Office Tenants and Visitors - and Mask-Optio...

NEW YORK, June 10, 2021 /PRNewswire/ --  Empire State Realty Trust  (ESRT) has partnered with New York State to become the first commercial portfolio to now accept Excelsior Pass as an alternative to cu...

4 months ago - PRNewsWire

Empire State Realty Trust to Present at Nareit's REITweek 2021 Virtual Investor Conference

NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE:ESRT) (the “Company”), a leading real estate investment trust with office and retail properties in Manhattan and the greater New York met...

4 months ago - Business Wire

2021 Empire State Building Run-Up - Presented by Turkish Airlines and Powered by the Challenged Athletes Foundation -...

NEW YORK, May 17, 2021 /PRNewswire/ -- Empire State Realty Trust, Inc. (NYSE: ESRT) today announced that the 2021 Empire State Building Run-Up (ESBRU) – presented by Turkish Airlines and powered by the ...

5 months ago - PRNewsWire