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Empire State Realty Trust, Inc. (ESRT)

Stock Price: $11.06 USD -0.32 (-2.81%)
Updated Apr 20, 2021 4:00 PM EDT - Market closed
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

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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...

5 hours ago - PRNewsWire

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...

1 day ago - PRNewsWire

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...

6 days ago - PRNewsWire

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...

1 week ago - Business Wire

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...

1 week ago - Business Wire

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 weeks ago - Business Wire

The New York office and tourism industries aren't exactly strong right now, but that could change sooner rather than later.

1 month ago - The Motley Fool

With the market looking expensive and shaky, it's time to pick through the discount bin. These seven comeback stocks could be just the right buys for now.

Other stocks mentioned: ABEV, CAAP, ETR, FIZZ, FLIC, TRP
1 month ago - InvestorPlace

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

Is owning an iconic property enough to make this REIT a buy? Here's what you need to know before deciding.

2 months ago - The Motley Fool

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

The COVID-19 pandemic will likely come to an end in 2021, but that doesn't mean normal life will return right away.

2 months ago - The Motley Fool

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...

2 months ago - Benzinga

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

Office real estate hasn't performed well in the pandemic, but there could be some great long-term opportunities.

2 months ago - The Motley Fool

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...

2 months ago - PRNewsWire

Which of these beaten-down real estate stocks is the better opportunity?

Other stocks mentioned: SKT
2 months ago - The Motley Fool

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

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...

2 months ago - PRNewsWire

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 months ago - Business Wire

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...

Other stocks mentioned: BXP, SLG
2 months ago - InvestorPlace

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...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

2020 was a terrible year for some REITs, and Ryman, Kimco, and Empire State were right in the line of fire.

Other stocks mentioned: KIM, RHP
3 months ago - The Motley Fool

The traditional 60/40 portfolio is challenged. Inflation risks could manifest.

Other stocks mentioned: BAC, BCS, C, CHL, COPX, EUCMF, GS ...
3 months ago - Seeking Alpha

The New York commercial office market is substantially challenged with current vacancy rates approaching 14 percent.

3 months ago - Seeking Alpha

Here are three REITs that could thrive in a post-pandemic world.

Other stocks mentioned: DLR, MAA
3 months ago - The Motley Fool

Several tech heavyweights have relocated. Here's how to play it with real estate.

Other stocks mentioned: HHC, MAA
3 months ago - The Motley Fool

This stock has performed very well recently, but could still have more room to the upside.

3 months ago - The Motley Fool

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...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

4 months ago - Business Wire

We Are Selling A Few REITs

Other stocks mentioned: BAM, GMRE, GNL, HT, KLPEF, MAC, MNR ...
4 months ago - Seeking Alpha

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 ...

Other stocks mentioned: NYC, PGRE, SLG, VNO
4 months ago - Seeking Alpha

Here are two stocks that could have tremendous upside in a post-pandemic world.

Other stocks mentioned: WFC
4 months ago - The Motley Fool

Why have office REITs done so well since vaccine data was announced, and is there still room to grow?

Other stocks mentioned: SLG
4 months ago - The Motley Fool

Some of the most beaten-down stocks of 2020 have rallied sharply on vaccine news. Will the momentum continue?

Other stocks mentioned: EPR, SKT
4 months ago - The Motley Fool

Real estate investment trusts have been some of the biggest winners of COVID-19 vaccine news, but some could have much more upside ahead.

Other stocks mentioned: RHP, STOR
4 months ago - The Motley Fool

Do these stocks belong on your watch list?

Other stocks mentioned: BAC, BKNG
4 months ago - The Motley Fool

Shares of the New York City focused REIT took off thanks to vaccine developments, but there's still a long road ahead.

4 months ago - The Motley Fool

Empire State owns an iconic property. That's part of its allure and part of its problem.

4 months ago - The Motley Fool

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...

4 months ago - Business Wire

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...

Other stocks mentioned: BXP, CIO, KRC, SLG
4 months ago - Seeking Alpha

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...

4 months ago - PRNewsWire

Billionaire investor Bruce Flatt is betting big on real estate and expects property prices to surge in the aftermath of this crisis. He believes that REITs are the best bargains in today's market.

Other stocks mentioned: BAM, FRT, KLPEF, MAC, SAFE, SPG
4 months ago - Seeking Alpha

Don Peebles on the future of real estate after the pandemic

YouTube video

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...

Other stocks mentioned: BPR, MAC, SPG, TCO
5 months ago - CNBC Television

Empire State Realty Trust (ESRT) saw a big move last session, as its shares jumped more than 9% on the day, amid huge volumes.

5 months ago - Zacks Investment Research

The beaten-down REIT is having an excellent day to end a turbulent week.

5 months ago - The Motley Fool

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...

5 months ago - Business Wire

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
Full Company Profile

Financial Performance

Financial Statements

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.

Price Target
$11.93
(7.87% upside)
Analyst Consensus: Buy