Empire State Realty Trust, Inc. (ESRT)
| Market Cap | 3.16B |
| Revenue (ttm) | 609.23M |
| Net Income (ttm) | -16.71M |
| Shares Out | 175.17M |
| EPS (ttm) | -0.10 |
| PE Ratio | n/a |
| Forward PE | 51.81 |
| Dividend | $0.21 |
| Dividend Yield | 1.90% |
| Trading Day | April 20 |
| Last Price | $11.06 |
| Previous Close | $11.38 |
| Change ($) | -0.32 |
| Change (%) | -2.81% |
| Day's Open | 11.31 |
| Day's Range | 11.00 - 11.44 |
| Day's Volume | 1,334,900 |
| 52-Week Range | 5.19 - 12.11 |
NEW YORK, April 20, 2021 /PRNewswire/ -- Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that Zentalis Pharmaceuticals, Inc. a clinical-stage biopharmaceutical company focused on the discov...
NEW YORK, April 19, 2021 /PRNewswire/ -- Empire State Realty Trust, Inc. (NYSE: ESRT) announced today it has signed a new long-term office lease with Burlington Stores that doubles the company's footpri...
NEW YORK, April 14, 2021 /PRNewswire/ -- Empire State Realty Trust, Inc. (NYSE: ESRT) today shared its 2020 Sustainability Report that details the current state of its ESG, Healthy Buildings, and Indo...
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust (NYSE: ESRT) today announced it has been awarded the 2021 ENERGY STAR Partner of the Year Award by the U.S. Environmental Protection Agency and the U...
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...
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...
The New York office and tourism industries aren't exactly strong right now, but that could change sooner rather than later.
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...
Is owning an iconic property enough to make this REIT a buy? Here's what you need to know before deciding.
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...
The COVID-19 pandemic will likely come to an end in 2021, but that doesn't mean normal life will return right away.
Empire State Realty Trust Inc. (NYSE: ESRT) has signed a three-year contract with NRG Energy (NYSE: NRG) subsidiary Green Mountain Energy that will expand the power sourcing for Empire State's portfolio...
NEW YORK, Feb. 4, 2021 /PRNewswire/ -- Empire State Realty Trust, Inc. (NYSE: ESRT) announced today it has signed a full-floor lease with Transit Wireless at 1400 Broadway for 32,499 square feet. "We ar...
NEW YORK, Feb. 3, 2021 /PRNewswire/ -- Empire State Realty Trust, Inc. (NYSE: ESRT) today added to its industry leadership in sustainability with the purchase of renewable wind electricity for its entir...
Office real estate hasn't performed well in the pandemic, but there could be some great long-term opportunities.
NEW YORK, Jan. 26, 2021 /PRNewswire/ -- Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that Pera Mediterranean Brasserie, the critically acclaimed restaurant from BK Restaurant Partners, h...
Which of these beaten-down real estate stocks is the better opportunity?
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...
NEW YORK, Jan. 21, 2021 /PRNewswire/ -- Empire State Realty Trust, Inc. (NYSE: ESRT) announced today it has signed two new leases at One Grand Central Place. Belkin Burden Goldman, LLP, a real estate-fo...
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...
These three real estate stocks are having it rough amidst the extension of the anti-eviction ban in New York. The post 3 Real Estate Stocks Suffering Under the NY Eviction Ban appeared first on Investor...
NEW YORK, Jan. 14, 2021 /PRNewswire/ -- Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that Ernest Klein & Co. Gourmet Foods, an international neighborhood supermarket, renewed its lease a...
NEW YORK, Jan. 5, 2021 /PRNewswire/ -- Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that Trexquant Investment, a quantitative investment firm, renewed its lease at First Stamford Place f...
2020 was a terrible year for some REITs, and Ryman, Kimco, and Empire State were right in the line of fire.
The New York commercial office market is substantially challenged with current vacancy rates approaching 14 percent.
Here are three REITs that could thrive in a post-pandemic world.
Several tech heavyweights have relocated. Here's how to play it with real estate.
This stock has performed very well recently, but could still have more room to the upside.
NEW YORK, Dec. 17, 2020 /PRNewswire/ -- Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that ClearView Healthcare Partners, a global strategy firm with consultants who serve the life scienc...
NEW YORK, Dec. 17, 2020 /PRNewswire/ -- Empire State Realty Trust (NYSE: ESRT) announced today that six of its properties have achieved Fitwel certification and that ESRT is a Fitwel Champion. ESRT's Fi...
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...
COVID has decimated New York City's economy. High COVID infection rates and low office utilization rates fuel concerns about the impact of work from home on the NYC office market. NYC REIT has very low ...
Here are two stocks that could have tremendous upside in a post-pandemic world.
Why have office REITs done so well since vaccine data was announced, and is there still room to grow?
Some of the most beaten-down stocks of 2020 have rallied sharply on vaccine news. Will the momentum continue?
Real estate investment trusts have been some of the biggest winners of COVID-19 vaccine news, but some could have much more upside ahead.
Do these stocks belong on your watch list?
Shares of the New York City focused REIT took off thanks to vaccine developments, but there's still a long road ahead.
Empire State owns an iconic property. That's part of its allure and part of its problem.
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”) today announced that Grant H. Hill has joined its Board of Directors, effective November 30. Grant H. Hill's appoi...
The REIT sectors benefitting from today's structural tailwinds include cell towers, data centers, life science, and single-family residential. We need to use caution to properly adapt to the changes aro...
NEW YORK, Nov. 24, 2020 /PRNewswire/ -- In its first year of submission to GRESB, Empire State Realty Trust (NYSE: ESRT) earned the highest possible GRESB 5 Star Rating and Green Star recognition, and s...
Don Peebles on the future of real estate after the pandemic
Don Peebles, The Peebles Corporation CEO, President Obama's National Finance Committee and former chairman of The Congressional Black Caucus Foundation, joins 'The Exchange' to discuss his outlook on th...
Empire State Realty Trust (ESRT) saw a big move last session, as its shares jumped more than 9% on the day, amid huge volumes.
The beaten-down REIT is having an excellent day to end a turbulent week.
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”) today announced that it has closed on a $180 million mortgage loan for 250 West 57th Street, a 542,000 square foot...
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, ... [Read more...]
| Industry REIT-Diversified | IPO Date Oct 2, 2013 |
| CEO Anthony Malkin | Employees 755 |
| Stock Exchange NYSE | Ticker Symbol ESRT |
Analyst Forecasts
According to 9 analysts, the average rating for ESRT stock is "Buy." The 12-month stock price forecast is 11.93, which is an increase of 7.87% from the latest price.