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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

Stock Price Chart

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

Year201920182017201620152014
Revenue731732710677658635
Revenue Growth-0.02%3.1%4.75%3%3.51%-
Gross Profit397412404388361329
Operating Income155191193184151141
Net Income51.1966.5463.5852.3934.6727.14
Shares Outstanding17816815813411497.94
Earnings Per Share0.280.390.390.380.290.27
EPS Growth-28.21%0%2.63%31.03%7.41%-
Dividend Per Share0.420.420.420.400.340.34
Dividend Growth0%0%5%17.65%0%-
Operating Cash Flow233279194215203139
Capital Expenditures-250-243-223-182-142-122
Free Cash Flow-17.6736.00-28.8132.3860.9916.74
Cash & Equivalents272271530616113106
Total Debt1,6691,9191,6891,6121,6321,599
Net Cash / Debt-1,397-1,648-1,159-996-1,520-1,493
Assets3,9324,1963,9313,8913,3013,283
Liabilities1,9842,2051,9541,9081,9281,902
Book Value1,2291,2381,1681,154525469
Numbers in millions USD, except per-share numbers.

Company Profile

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.