Empire State Realty Trust, Inc. (ESRT)
| Market Cap | 1.60B +33.6% |
| Revenue (ttm) | 776.71M +1.9% |
| Net Income | 35.42M -28.2% |
| EPS | 0.21 -31.1% |
| Shares Out | 278.28M |
| PE Ratio | 26.84 |
| Forward PE | n/a |
| Dividend | $0.14 (2.45%) |
| Ex-Dividend Date | Mar 13, 2026 |
| Volume | 532,131 |
| Open | 5.65 |
| Previous Close | 5.61 |
| Day's Range | 5.61 - 5.77 |
| 52-Week Range | 4.87 - 8.76 |
| Beta | 1.36 |
| Analysts | Hold |
| Price Target | 6.35 (+10.63%) |
| Earnings Date | Apr 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]
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 3 analysts, the average rating for ESRT stock is "Hold." The 12-month stock price target is $6.35, which is an increase of 10.63% from the latest price.
News
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...
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.
Empire State Realty affirms 2026 core FFO outlook 85c-89c
16:18 EDT Empire State Realty (ESRT) affirms 2026 core FFO outlook 85c-89c
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...
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...
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...
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.
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...
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
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...
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...
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...
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...
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.
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...
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 ...
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...
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.
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.
Empire State Realty price target lowered to $7 from $8 at Evercore ISI
Evercore ISI lowered the firm’s price target on Empire State Realty (ESRT) to $7 from $8 and keeps an In Line rating on the shares.
TJ Maxx and JP Morgan Chase Bank Renew Long-Term Retail Leases With Empire State Realty Trust Which Total 68,120 Square Feet
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that it signed long-term renewal leases with TJ Maxx and JP Morgan Chase Bank for retail spaces for 46,437 and 2...
Burlington Stores, Inc. Expands Space and Renews Lease to Occupy 206,392 Square Feet at 1400 Broadway; Nespresso Renews 41,835 Square Foot Lease at 111 W. 33rd Street
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that it signed two renewal leases and one expansion with Burlington Stores, Inc. and Nespresso at two of its pre...
Empire State Realty Trust Announces Fourth Quarter and Full Year 2025 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 Announces 2025 Tax Treatment of Its Distributions
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”), today announced the 2025 tax treatment of its Class A common stock distributions, as described below. The follo...
The World's Most Romantic Building: ESB Celebrates Valentine's Day 2026 with NYC's Most Extravagant Date Night, Romantic Paint ‘n Pour Classes, ‘Sleepless in Seattle' Screenings, Proposal Package, and More
NEW YORK--(BUSINESS WIRE)--Love is in the air at the “World's Most Romantic Building.” The Empire State Building (ESB) today announced its romantic Valentine's Day plans for couples in NYC, which incl...