Empire State Realty Trust, Inc. (ESRT)

NYSE: ESRT · IEX Real-Time Price · USD
9.97
+0.27 (2.78%)
Mar 27, 2024, 4:00 PM EDT - Market closed

Total Valuation

ESRT has a market cap or net worth of $2.82 billion. The enterprise value is $4.66 billion.

Market Cap 2.82B
Enterprise Value 4.66B

Important Dates

The next confirmed earnings date is Wednesday, April 24, 2024, after market close.

Earnings Date Apr 24, 2024
Ex-Dividend Date Mar 14, 2024

Share Statistics

ESRT has 163.09 million shares outstanding. The number of shares has decreased by -1.60% in one year.

Shares Outstanding 163.09M
Shares Change (YoY) -1.60%
Shares Change (QoQ) +0.25%
Owned by Insiders (%) 0.05%
Owned by Institutions (%) 89.91%
Float 133.08M

Valuation Ratios

The trailing PE ratio is 33.23 and the forward PE ratio is 97.09. ESRT's PEG ratio is 7.63.

PE Ratio 33.23
Forward PE 97.09
PS Ratio 3.82
Forward PS n/a
PB Ratio 2.86
P/FCF Ratio 15.50
PEG Ratio 7.63
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 13.40, with an EV/FCF ratio of 25.58.

EV / Earnings 94.94
EV / Sales 6.30
EV / EBITDA 13.40
EV / EBIT 29.57
EV / FCF 25.58

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 2.27
Debt / EBITDA 6.45
Debt / FCF 12.31
Interest Coverage 1.55

Financial Efficiency

Return on equity (ROE) is 5.00% and return on invested capital (ROIC) is 4.33%.

Return on Equity (ROE) 5.00%
Return on Assets (ROA) 1.20%
Return on Capital (ROIC) 4.33%
Revenue Per Employee $1.11M
Profits Per Employee $73,640
Employee Count 666
Asset Turnover 0.18
Inventory Turnover n/a

Taxes

In the past 12 months, ESRT has paid $2.72 million in taxes.

Income Tax 2.72M
Effective Tax Rate 5.25%

Stock Price Statistics

The stock price has increased by +63.71% in the last 52 weeks. The beta is 1.31, so ESRT's price volatility has been higher than the market average.

Beta (1Y) 1.31
52-Week Price Change +63.71%
50-Day Moving Average 9.84
200-Day Moving Average 8.81
Relative Strength Index (RSI) 54.16
Average Volume (30 Days) 1,133,626

Short Selling Information

The latest short interest is 7.83 million, so 4.80% of the outstanding shares have been sold short.

Short Interest 7.83M
Short Previous Month 6.31M
Short % of Shares Out 4.80%
Short % of Float 5.88%
Short Ratio (days to cover) 6.56

Income Statement

In the last 12 months, ESRT had revenue of $739.57 million and earned $49.04 million in profits. Earnings per share was $0.30.

Revenue 739.57M
Gross Profit 400.56M
Operating Income 146.71M
Pretax Income 55.96M
Net Income 49.04M
EBITDA 347.36M
EBIT 157.44M
Earnings Per Share (EPS) $0.30
Full Income Statement

Balance Sheet

The company has $406.96 million in cash and $2.24 billion in debt, giving a net cash position of -$1.83 billion or -$11.24 per share.

Cash & Cash Equivalents 406.96M
Total Debt 2.24B
Net Cash -1.83B
Net Cash Per Share -$11.24
Equity / Book Value 985.52M
Book Value Per Share 6.04
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $232.49 million and capital expenditures -$50.43 million, giving a free cash flow of $182.06 million.

Operating Cash Flow 232.49M
Capital Expenditures -50.43M
Free Cash Flow 182.06M
FCF Per Share $1.13
Full Cash Flow Statement

Margins

Gross margin is 54.16%, with operating and profit margins of 19.84% and 6.63%.

Gross Margin 54.16%
Operating Margin 19.84%
Pretax Margin 7.57%
Profit Margin 6.63%
EBITDA Margin 46.97%
EBIT Margin 21.29%
FCF Margin 24.62%

Dividends & Yields

This stock pays an annual dividend of $0.14, which amounts to a dividend yield of 1.40%.

Dividend Per Share $0.14
Dividend Yield 1.40%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio 46.67%
Buyback Yield 1.60%
Shareholder Yield 3.00%
Earnings Yield 1.74%
FCF Yield 6.45%
Dividend Details

Analyst Forecast

The average price target for ESRT is $8.33, which is -16.45% lower than the current price. The consensus rating is "Hold".

Price Target $8.33
Price Target Difference -16.45%
Analyst Consensus Hold
Analyst Count 3
Revenue Growth Forecast (5Y) 2.03%
EPS Growth Forecast (5Y) -23.64%
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Altman Z-Score n/a
Piotroski F-Score 6