Empire State Realty Trust, Inc. (ESRT)
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 |
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 |
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 |
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 |
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% |
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 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 |