Empire State Realty Trust, Inc. (ESRT)
Stock Price:
$6.34 USD
-0.15 (-2.31%)
Updated Oct 19, 2020 4:00 PM EDT - Market closed
Key Info
| Market Cap |
1.10B |
| Revenue (ttm) |
699.06M |
| Net Income (ttm) |
27.76M |
| Shares Out |
171.80M |
| EPS (ttm) |
0.14 |
| PE Ratio |
45.29 |
| Forward PE |
26.88 |
| Dividend |
$0.42 |
| Dividend Yield |
6.62% |
Stock Quote
| Trading Day |
Oct 19, 2020 |
| Last Price |
$6.34 |
| Previous Close |
$6.49 |
| Change ($) |
-0.15 |
| Change (%) |
-2.31% |
| Day's Open |
6.53 |
| Day's Range |
6.30 - 6.55 |
| Day's Volume |
1,926,582 |
| 52-Week Range |
5.75 - 14.91 |
More Stats
| Market Cap |
1.10B |
| Enterprise Value |
2.67B |
| Earnings Date (est) |
Oct 28, 2020 |
| Ex-Dividend Date |
n/a |
| Shares Outstanding |
171.80M |
| Float |
141.67M |
| EPS (basic) |
0.14 |
| EPS (diluted) |
0.14 |
| FCF / Share |
0.11 |
| Dividend |
$0.42 |
| Dividend Yield |
6.62% |
| Earnings Yield |
2.21% |
| FCF Yield |
1.68% |
| Payout Ratio |
300.00% |
| Shares Short |
14.38M |
| Short Ratio |
5.51 |
| Short % of Float |
10.15% |
| Beta |
0.68 |
| PE Ratio |
45.29 |
| Forward PE |
26.88 |
| P/FCF Ratio |
59.50 |
| PS Ratio |
1.57 |
| PB Ratio |
1.73 |
| Revenue |
699.06M |
| Operating Income |
119.70M |
| Net Income |
27.76M |
| Free Cash Flow |
18.41M |
| Net Cash |
-1.58B |
| Net Cash / Share |
-9.14 |
| Gross Margin |
56.61% |
| Operating Margin |
17.12% |
| Profit Margin |
3.50% |
| FCF Margin |
2.63% |
| ROA |
1.81% |
| ROE |
2.39% |
| ROIC |
2.10% |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Summary
Analyst Ratings (9)
| Buy |
2 |
| Overweight |
0 |
| Hold |
7 |
| Underweight |
0 |
| Sell |
0 |
Analyst Consensus: Overweight
Price Target
$8.75*
(38.01% upside)
Low
6.50
Current: $6.34
High
14.00
Target: 8.75
*Average 12-month price target from 7 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|
| Revenue | 731 | 732 | 710 | 677 | 658 | 635 |
| Revenue Growth | -0.02% | 3.1% | 4.75% | 3% | 3.51% | - |
| Gross Profit | 397 | 412 | 404 | 388 | 361 | 329 |
| Operating Income | 155 | 191 | 193 | 184 | 151 | 141 |
| Net Income | 51.19 | 66.54 | 63.58 | 52.39 | 34.67 | 27.14 |
| Shares Outstanding | 178 | 168 | 158 | 134 | 114 | 97.94 |
| Earnings Per Share | 0.28 | 0.39 | 0.39 | 0.38 | 0.29 | 0.27 |
| EPS Growth | -28.21% | 0% | 2.63% | 31.03% | 7.41% | - |
| Dividend Per Share | 0.42 | 0.42 | 0.42 | 0.40 | 0.34 | 0.34 |
| Dividend Growth | 0% | 0% | 5% | 17.65% | 0% | - |
| Operating Cash Flow | 233 | 279 | 194 | 215 | 203 | 139 |
| Capital Expenditures | -250 | -243 | -223 | -182 | -142 | -122 |
| Free Cash Flow | -17.67 | 36.00 | -28.81 | 32.38 | 60.99 | 16.74 |
| Cash & Equivalents | 272 | 271 | 530 | 616 | 113 | 106 |
| Total Debt | 1,669 | 1,919 | 1,689 | 1,612 | 1,632 | 1,599 |
| Net Cash / Debt | -1,397 | -1,648 | -1,159 | -996 | -1,520 | -1,493 |
| Assets | 3,932 | 4,196 | 3,931 | 3,891 | 3,301 | 3,283 |
| Liabilities | 1,984 | 2,205 | 1,954 | 1,908 | 1,928 | 1,902 |
| Book Value | 1,229 | 1,238 | 1,168 | 1,154 | 525 | 469 |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
Empire State Realty Trust, Inc. |
| Country |
United States |
| Employees |
831 |
| CEO |
Anthony E. Malkin |
Stock Information
| Ticker Symbol |
ESRT |
| Stock Exchange |
New York Stock Exchange |
| Sector |
Real Estate |
| Industry |
REIT—Diversified |
| Unique Identifier |
NYSE: ESRT |
| IPO Date |
October 2, 2013 |
Description
Empire State Realty Trust (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 June 30, 2020, consisting of 9.4 million rentable square feet in 14 office properties, including nine in Manhattan, three in Fairfield County, Connecticut, and two in Westchester County, New York; and approximately 700,000 rentable square feet in the retail portfolio.