Empire State Realty Trust, Inc. (ESRT)
| Market Cap | 1.25B -4.0% |
| Revenue (ttm) | 782.82M +2.6% |
| Net Income | 3.07M -83.7% |
| EPS | 0.02 -92.5% |
| Shares Out | 283.60M |
| PE Ratio | 244.90 |
| Forward PE | 249.21 |
| Dividend | $0.14 (3.17%) |
| Ex-Dividend Date | Sep 15, 2026 |
| Volume | 76,265 |
| Open | 4.415 |
| Previous Close | 4.420 |
| Day's Range | 4.390 - 4.415 |
| 52-Week Range | 4.360 - 8.070 |
| Beta | 1.37 |
| Analysts | Hold |
| Price Target | 6.10 (+38.95%) |
| Earnings Date | Jul 29, 2026 |
About ESRT
Empire State Realty Trust, Inc. is a NYC-focused REIT that owns and operates a portfolio of well-leased, top of tier, modernized, amenitized, and well-located office, retail, and multifamily assets. The Company is a recognized leader in energy efficiency and indoor environmental quality. As of June 30, 2026, ESRT’s portfolio is comprised of approximately 7.5 million rentable square feet of office space, 0.8 million rentable square feet of retail space and 743 residential units. Empire State Realty Trust, Inc. was established on July 29, 2011, a... [Read more]
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 StatementsAnalyst Summary
According to 6 analysts, the average rating for ESRT stock is "Hold." The 12-month stock price target is $6.1, which is an increase of 38.95% from the latest price.
News
Empire State Realty price target lowered to $5 from $6 at Wells Fargo
Wells Fargo analyst Blaine Heck lowered the firm’s price target on Empire State Realty (ESRT) to $5 from $6 and keeps an Underweight rating on the shares. The firm believes…
Empire State Realty Trust Announces Dividend for Third 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 third quarter o...
Empire State Realty price target lowered to $5 from $5.75 at Citi
Citi lowered the firm’s price target on Empire State Realty (ESRT) to $5 from $5.75 and keeps a Neutral rating on the shares.
Empire State Realty files automatic mixed securities shelf
16:11 EDT Empire State Realty (ESRT) files automatic mixed securities shelf
Empire State Realty Trust Earnings Call Transcript: Q2 2026
Strong leasing and disciplined capital allocation drove solid Q2 results, with commercial occupancy at 94.9% and multifamily net rents up 8%. Observation Deck NOI fell sharply due to lower international tourism, prompting a cautious FFO outlook of $0.75-$0.79 for 2026.
Empire State Realty Trust Slides: Q2 2026
Empire State Realty Trust has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 30, 2026.
Empire State Realty Trust Earnings release: Q2 2026
Empire State Realty Trust released its Q2 2026 earnings on July 30, 2026, summarizing the period's financial results.
Empire State Realty Trust Quarterly report: Q2 2026
Empire State Realty Trust has published its Q2 2026 quarterly earnings report on July 30, 2026.
Empire State Realty price target lowered to $5.50 from $6 at Evercore ISI
Evercore ISI lowered the firm’s price target on Empire State Realty (ESRT) to $5.50 from $6 and keeps an In Line rating on the shares.
Empire State Realty Trust Announces Second 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...
Empire State Realty Trust Signs 26,134 Square Foot Space with Instacart at 111 W. 33rd Street
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) today announced that it signed a new office lease with Instacart – a grocery technology app – for 26,134 square feet at 111 W. 3...
Infinium Wall Systems, Inc. Signs New 30,017 Square Foot Lease with Empire State Realty Trust at 1359 Broadway
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) today announced that it signed a new office and retail lease with Infinium Wall Systems, Inc. – an American manufacturer that de...
United Talent Agency Moves NY Office to Empire State Building in July 2027
NEW YORK--(BUSINESS WIRE)--United Talent Agency (UTA) and Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that the agency will move its New York offices to the Empire State Building next ...
LA-based United Talent Agency taking its talents to the Empire State Building
UTA signed a lease for 100,948 square feet on the landmark skyscraper's 32nd through 35th floors.
Empire State Building Observation Deck Launches Exclusive Soccer Jersey Ticket Offer for Sports Fans in July
NEW YORK--(BUSINESS WIRE)--The Empire State Building Observation Deck (ESBOD) today announced a new, exclusive ticket offer for soccer fans who don their favorite team's duds at the “World's Most Famo...
Empire State Building Observation Deck Run-Up Returns for 48th Annual Race on Oct. 6
NEW YORK--(BUSINESS WIRE)--The Empire State Building Observation Deck (ESB), atop the “World's Most Famous Building,” today announced that general lottery registration is open for this year's Empire S...
Empire State Realty Trust Announces Dates for Second 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 second quarter 2026 financial results on Wednesday, July 29, 2026, aft...
Empire State Realty Trust Announces Release of Schedule K-3
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”), today announced that its 2025 Schedule K-3 reflecting items of international tax relevance is available online....
Empire State Realty price target lowered to $6 from $6.50 at Evercore ISI
Evercore ISI lowered the firm’s price target on Empire State Realty (ESRT) to $6 from $6.50 and keeps an In Line rating on the shares. The firm adjusted targets following…
Empire State Building Observation Deck Celebrates Soccer with World's Most Iconic Soccer Jersey Exhibit, Custom ESB Jerseys, Player Visits, Lightings, and More
NEW YORK--(BUSINESS WIRE)--The Empire State Building Observation Deck (ESB) – the #1 Attraction in the United States – today announced further 2026 programming for soccer fans in New York City with th...
The Empire State Building's Tastes of New York Experience to Feature Eataly
NEW YORK--(BUSINESS WIRE)--The Empire State Building (ESB), the “World's Most Famous Building,” today announced that it will feature Eataly as its latest Tastes of New York Experience, a year-round of...
Empire State Realty Trust Named as a 2026 Platinum Green Lease Leader by the Department of Energy's Better Buildings Alliance and the Institute for Market Transformation
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) announced that it was selected as a 2026 Platinum Green Lease Leader by the Institute for Market Transformation (IMT), a recogni...
Empire State Realty Trust Transcript: Nareit REITweek: 2026 Investor Conference
Revised summary: The firm has shifted its portfolio to high-quality NYC assets, maintaining strong leasing and a flexible balance sheet. AI adoption boosts efficiency and demand, while the Empire State Building observation deck faces tourism headwinds. Recent acquisitions and asset recycling support long-term growth and shareholder value.
Empire State Realty sells 250 West 57th St.and purchases Broadway campus assets
Empire State Realty (ESRT) completed the disposition of 250 West 57th Street for $275M, which included the buyer’s assumption of $180M of mortgage debt. The transaction represents a recycling of…
Empire State Realty Trust Announces Disposition of 250 West 57th Street and Strengthens Ownership of Broadway Campus Assets
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”) today announced the completion of the disposition of 250 West 57th Street for $275 million, which included the b...