NYSE - Delayed Quote USD

Empire State Realty Trust, Inc. (ESRT)

9.36 -0.12 (-1.27%)
At close: April 24 at 4:00 PM EDT
9.07 -0.29 (-3.10%)
After hours: April 24 at 5:45 PM EDT
Loading Chart for ESRT
DELL
  • Previous Close 9.48
  • Open 9.37
  • Bid 8.75 x 1200
  • Ask 10.35 x 900
  • Day's Range 9.21 - 9.40
  • 52 Week Range 5.43 - 10.32
  • Volume 1,072,077
  • Avg. Volume 1,051,979
  • Market Cap (intraday) 2.533B
  • Beta (5Y Monthly) 1.32
  • PE Ratio (TTM) 31.20
  • EPS (TTM) 0.30
  • Earnings Date Apr 24, 2024
  • Forward Dividend & Yield 0.14 (1.48%)
  • Ex-Dividend Date Mar 14, 2024
  • 1y Target Est 9.90

Empire State Realty Trust, Inc. (NYSE: ESRT) is a NYC-focused REIT that owns and operates a portfolio of modernized, amenitized, and well-located office, retail, and multifamily assets. The company is the recognized leader in energy efficiency and indoor environmental quality. ESRT's flagship Empire State Building - the "World's Most Famous Building" - includes its Observatory, Tripadvisor's 2023 Travelers' Choice Awards: Best of the Best the #1 attraction in the US for two consecutive years. As of September 30, 2023, ESRT's portfolio is comprised of approximately 8.6 million rentable square feet of office space, 0.7 million rentable square feet of retail space and 727 residential units across three multifamily properties.

www.esrtreit.com

666

Full Time Employees

December 31

Fiscal Year Ends

Recent News: ESRT

Performance Overview: ESRT

Trailing total returns as of 4/24/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

ESRT
3.06%
S&P 500
6.33%

1-Year Return

ESRT
55.95%
S&P 500
22.70%

3-Year Return

ESRT
10.52%
S&P 500
21.33%

5-Year Return

ESRT
32.13%
S&P 500
72.88%

Compare To: ESRT

Select to analyze similar companies using key performance metrics; select up to 4 stocks.

Statistics: ESRT

Valuation Measures

Annual
As of 4/23/2024
  • Market Cap

    1.56B

  • Enterprise Value

    3.48B

  • Trailing P/E

    31.60

  • Forward P/E

    95.24

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    3.40

  • Price/Book (mrq)

    1.58

  • Enterprise Value/Revenue

    4.70

  • Enterprise Value/EBITDA

    9.19

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    7.20%

  • Return on Assets (ttm)

    2.19%

  • Return on Equity (ttm)

    4.95%

  • Revenue (ttm)

    739.57M

  • Net Income Avi to Common (ttm)

    48.98M

  • Diluted EPS (ttm)

    0.30

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    358.42M

  • Total Debt/Equity (mrq)

    131.08%

  • Levered Free Cash Flow (ttm)

    250.89M

Research Analysis: ESRT

Analyst Price Targets

7.00 Low
9.90 Average
9.36 Current
11.00 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Company Insights: ESRT

Fair Value

9.36 Current
 

Dividend Score

0 Low
ESRT
Sector Avg.
100 High
 

Hiring Score

0 Low
ESRT
Sector Avg.
100 High
 

Insider Sentiment Score

0 Low
ESRT
Sector Avg.
100 High
 

Research Reports: ESRT

  • Analyst Report: Empire State Realty Trust, Inc.

    Empire State Realty Trust operates as a pure-play greater New York and Manhattan-focused REIT, featuring its landmark Empire State Building office and observation deck. The company owns and operates around 9.4 million square feet of office space, about 80% of which is located in Manhattan.

    Rating
    Price Target
     
  • Analyst Report: Empire State Realty Trust, Inc.

    Empire State Realty Trust operates as a pure-play greater New York and Manhattan-focused REIT, featuring its landmark Empire State Building office and observation deck. The company owns and operates around 9.4 million square feet of office space, about 80% of which is located in Manhattan.

    Rating
    Price Target
     
  • Analyst Report: Empire State Realty Trust, Inc.

    Empire State Realty Trust operates as a pure-play greater New York and Manhattan-focused REIT, featuring its landmark Empire State Building office and observation deck. The company owns and operates around 9.4 million square feet of office space, about 80% of which is located in Manhattan.

    Rating
    Price Target
     
  • Analyst Report: Empire State Realty Trust, Inc.

    Empire State Realty Trust operates as a pure-play greater New York and Manhattan-focused REIT, featuring its landmark Empire State Building office and observation deck. The company owns and operates around 9.4 million square feet of office space, about 80% of which is located in Manhattan.

    Rating
    Price Target
     

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