Empire State Realty Trust, Inc. (ESRT)

NYSE: ESRT · Real-Time Price · USD
5.84
+0.11 (1.90%)
May 29, 2026, 11:55 AM EDT - Market open
Market Cap1.65B +25.6%
Revenue (ttm)776.71M +1.9%
Net Income35.42M -28.2%
EPS0.21 -31.6%
Shares Out 283.40M
PE Ratio27.63
Forward PE335.34
Dividend$0.14 (2.44%)
Ex-Dividend DateJun 15, 2026
Volume397,111
Open5.70
Previous Close5.73
Day's Range5.67 - 5.85
52-Week Range4.87 - 8.76
Beta1.36
AnalystsHold
Price Target6.61 (+13.21%)
Earnings DateApr 29, 2026

About ESRT

Empire State Realty Trust, Inc. is a NYC-focused REIT that owns and operates a portfolio of well-leased, modernized well-located offices and multifamily assets. ESRT’s flagship Empire State Building, the (World's Most Famous Building) features its iconic Observatory. The Company is a recognized leader in energy efficiency and indoor environmental quality. As of December 31, 2025, ESRT’s portfolio is comprised of approximately 7.9 million rentable square feet of office space, 0.8 million rentable square feet of retail space and 743 residential u... [Read more]

IPO Date Oct 2, 2013
Employees 642
Stock Exchange NYSE
Ticker Symbol ESRT
Full Company Profile

Financial Performance

In 2025, Empire State Realty Trust's revenue was $767.81 million, an increase of 0.61% compared to the previous year's $763.15 million. Earnings were $43.40 million, a decrease of -8.52%.

Financial Statements

Analyst Summary

According to 6 analysts, the average rating for ESRT stock is "Hold." The 12-month stock price target is $6.61, which is an increase of 13.21% from the latest price.

Price Target
$6.61
(13.21% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Empire State Realty Trust Announces Dividend for Second Quarter 2026

NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”), today announced that its Board of Directors has declared a dividend of $0.035 per share for the second quarter ...

13 days ago - Business Wire

The Empire State Building Celebrates 95 Years as the ‘World's Most Famous Building'

NEW YORK--(BUSINESS WIRE)--The Empire State Building (ESB), the “World's Most Famous Building,” will celebrate its 95th anniversary on May 1, 2026, with new offers at the Empire State Building Observa...

4 weeks ago - Business Wire

Empire State Realty Trust Earnings Call Transcript: Q1 2026

First quarter 2026 saw strong leasing, positive rent spreads, and robust capital recycling into prime retail, with high occupancy and a resilient balance sheet. Guidance for the year is unchanged, and the company remains well-positioned amid macro uncertainty.

4 weeks ago - Transcripts

Empire State Realty Trust Earnings release: Q1 2026

Empire State Realty Trust released its Q1 2026 earnings on April 30, 2026, summarizing the period's financial results.

4 weeks ago - Filings

Empire State Realty Trust Slides: Q1 2026

Empire State Realty Trust has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on April 30, 2026.

4 weeks ago - Filings

Empire State Realty Trust Quarterly report: Q1 2026

Empire State Realty Trust has published its Q1 2026 quarterly earnings report on April 30, 2026.

4 weeks ago - Filings

Empire State Realty affirms 2026 core FFO outlook 85c-89c

16:18 EDT Empire State Realty (ESRT) affirms 2026 core FFO outlook 85c-89c

4 weeks ago - TheFly

Empire State Realty Trust Announces First Quarter 2026 Results

NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) is a NYC-focused REIT that owns and operates a portfolio of well-leased, top of tier, modernized, amenitized, and well-located o...

4 weeks ago - Business Wire

Empire State Realty Trust Unveils New Rooftop Lounge Tenant Amenity at 1333 Broadway

NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust (NYSE: ESRT) today announced the grand opening of the Rooftop at 1333 Broadway – the final piece of its Broadway Portfolio's amenity package. The n...

4 weeks ago - Business Wire

Empire State Realty Trust Publishes 2025 Sustainability Report With Major Achievements, Targets, and Metrics

NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) published its annual Sustainability Report that features major awards and achievements, data-based goals, and transparent metric...

5 weeks ago - Business Wire

Empire State Realty price target lowered to $5.75 from $7 at Citi

Citi lowered the firm’s price target on Empire State Realty (ESRT) to $5.75 from $7 and keeps a Neutral rating on the shares.

6 weeks ago - TheFly

The Empire State Building To Celebrate Its 95th Anniversary With a Sweet New Pop-Up Experience From Ghirardelli

NEW YORK--(BUSINESS WIRE)--Something sweet comes to the top attraction in NYC. The Empire State Building (ESB) announced today that it will partner with Ghirardelli Chocolate Company, beloved chocolat...

7 weeks ago - Business Wire

Empire State Realty announces acquisition and financing transactions

The company states: “Empire State Realty (ESRT) Trust acquired a newly constructed, prime retail asset located at 41-55 North 6th Street in Williamsburg, Brooklyn for $46 million at the end…

7 weeks ago - TheFly

Empire State Realty Trust Announces Acquisition and Financing Transactions Within Its NYC Retail Portfolio

NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”) acquired a newly constructed, prime retail asset located at 41-55 North 6th Street in Williamsburg, Brooklyn for...

7 weeks ago - Business Wire

Empire State Realty Trust Proxy statement: Proxy filing

Empire State Realty Trust filed a proxy statement on April 2, 2026, providing details for shareholder voting and corporate governance matters.

2 months ago - Filings

Empire State Realty Trust Proxy statement: Proxy filing

Empire State Realty Trust filed a proxy statement on April 2, 2026, providing details for shareholder voting and corporate governance matters.

2 months ago - Filings

Spring is in Full Bloom at the Empire State Building with New Festive Experiences, Sweet Treats, and Seasonal Tower Lighting

NEW YORK--(BUSINESS WIRE)--Spring is in full swing at the “World's Most Famous Building.” The Empire State Building (ESB) today announced a vibrant lineup of spring events in NYC, which include specia...

2 months ago - Business Wire

Empire State Realty Trust Announces Dates for First Quarter 2026 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”), today announced that it will release its first quarter 2026 financial results on Wednesday, April 29, 2026, aft...

2 months ago - Business Wire

FIFA World Cup 2026™ Mascots and Representatives from the New York New Jersey Host Committee, U.S.

NEW YORK--(BUSINESS WIRE)--  FIFA World Cup 2026™ Mascots and Representatives from the New York New Jersey Host Committee, U.S. Soccer Federation, Mexico Football Federation and Canada Soccer Light th...

3 months ago - Business Wire

Empire State Realty Trust Transcript: Citi’s Miami Global Property CEO Conference 2026

Leasing momentum continues with a 93.6% leased portfolio and strong NYC rent growth. Capital is allocated across asset classes, with recent opportunistic acquisitions and ongoing share buybacks. The Empire State Building Observatory leads in its segment, and balance sheet strength supports future flexibility.

3 months ago - Transcripts

Empire State Realty Trust to Present at Citi's 31st Annual Global Property CEO Conference

NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”), today announced that Anthony E. Malkin, Chairman and Chief Executive Officer, and Christina Chiu, President, wi...

3 months ago - Business Wire

Empire State Realty Trust Achieves WELL Health-Safety Leadership Award for Second Consecutive Year and Healthy Building Catalyst Award

NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that it received the 2025 International WELL Building Institute (IWBI) WELL Health Safety Leadership award, for ...

3 months ago - Business Wire

Empire State Realty Trust Announces Dividend for First Quarter 2026

NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”), today announced that its Board of Directors has declared a dividend of $0.035 per share for the first quarter o...

3 months ago - Business Wire

Empire State Realty price target lowered to $7 from $8 at Citi

Citi lowered the firm’s price target on Empire State Realty (ESRT) to $7 from $8 and keeps a Neutral rating on the shares.

3 months ago - TheFly

Empire State Realty Trust Earnings Call Transcript: Q4 2025

Full-year core FFO reached $0.87 per share, driven by strong leasing, portfolio transformation to 100% NYC assets, and robust Observatory performance. 2026 guidance anticipates stable FFO, continued high occupancy, and lower G&A, with capital flexibility for growth.

3 months ago - Transcripts