Summary
10.91 0.08(0.69%)11/06/2024
Empire State Realty Trust Inc (ESRT)
Empire State Realty Trust Inc (ESRT)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| 0.74 | 1.16 | 0.41 | 5.77 | 16.38 | 23.50 | -19.82 | 2.68 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 10.91 | |
| Open | 11.17 | |
| High | 11.23 | |
| Low | 10.83 | |
| Volume | 1,048,431 | |
| Change | 0.08 | |
| Change % | 0.74 | |
| Avg Volume (20 Days) | 1,016,821 | |
| Volume/Avg Volume (20 Days) Ratio | 1.03 | |
| 52 Week Range | 8.31 - 11.62 | |
| Price vs 52 Week High | -6.15% | |
| Price vs 52 Week Low | 31.23% | |
| Range | -2.37 | |
| Gap Up/Down | 0.29 | |
Fundamentals | ||
| Market Capitalization (Mln) | 1,799 | |
| EBIDTA | 330,870,016 | |
| PE Ratio | 33.0345 | |
| PEG Ratio | 7.6332 | |
| WallStreet Target Price | 9.90 | |
| Book Value | 6.0440 | |
| Earnings Per Share | 0.2900 | |
| EPS Estimate Current Quarter | 0.0000 | |
| EPS Estimate Next Quarter | 0.0000 | |
| EPS Estimate Current Year | 0.1300 | |
| EPS Estimate Next Year | 0.1200 | |
| Diluted EPS (TTM) | 0.2900 | |
| Revenues | ||
| Profit Marging | 0.0693 | |
| Operating Marging (TTM) | 0.1715 | |
| Return on asset (TTM) | 0.0240 | |
| Return on equity (TTM) | 0.0488 | |
| Revenue TTM | 756,129,024 | |
| Revenue per share TTM | 4.6770 | |
| Quarterly Revenue Growth (YOY) | 0.1010 | |
| Quarterly Earnings Growth (YOY) | -0.1500 | |
| Gross Profit (TTM) | 385,655,000 | |
| Dividends | ||
| Dividend Share | 0.1400 | |
| Dividend Yield | 0.0146 | |
| Valuations | ||
| Trailing PE | 33.0345 | |
| Forward PE | 91.7431 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 1.5323 | |
| Revenue Enterprise Value | 4.6412 | |
| EBITDA Enterprise Value | 9.0683 | |
| Shares | ||
| Shares Outstanding | 164,036,992 | |
| Shares Float | 134,027,055 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.06 | |
| Insider (%) | 0.05 | |
| Institutions (%) | 89.80 | |
10/29 17:49 EST - businesswire.com
Hecker Fink LLP Expands 26,782 Square Feet with Empire State Realty Trust for a Total of 54k Square Feet at the Empire State Building
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) announced last week that it signed a full floor, 26,782 square foot expansion lease with law firm Hecker Fink LLP for a total of 53,779 square feet of office space across two floors at the iconic Empire State Building (ESB). "We're excited to expand to a second floor of the Empire State Building, an iconic building that has been our home for the past seven years,” said Sean Hecker and Julie Fink, founding partners, Hecker F.
Hecker Fink LLP Expands 26,782 Square Feet with Empire State Realty Trust for a Total of 54k Square Feet at the Empire State Building
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) announced last week that it signed a full floor, 26,782 square foot expansion lease with law firm Hecker Fink LLP for a total of 53,779 square feet of office space across two floors at the iconic Empire State Building (ESB). "We're excited to expand to a second floor of the Empire State Building, an iconic building that has been our home for the past seven years,” said Sean Hecker and Julie Fink, founding partners, Hecker F.
10/22 14:44 EST - seekingalpha.com
Empire State Realty Trust, Inc. (ESRT) Q3 2024 Earnings Call Transcript
Empire State Realty Trust, Inc. (NYSE:ESRT ) Q3 2024 Earnings Conference Call October 22, 2024 12:00 PM ET Company Participants Jason McGrath – Senior Associate Investor Relations Tony Malkin – Chairman and Chief Executive Officer Tom Durels – Executive Vice President-Real Estate Christina Chiu – President Steve Horn – Executive Vice President, Chief Financial Officer and Chief Accounting Officer Conference Call Participants Steve Sakwa – Evercore ISI John Kim – BMO Capital Markets Blaine Heck – Wells Fargo Michael Griffin – Citi Dylan Burzinski – Green Street John Kim – BMO Capital Markets Operator Greetings, and welcome to the Empire State Realty Trust Third Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.
Empire State Realty Trust, Inc. (ESRT) Q3 2024 Earnings Call Transcript
Empire State Realty Trust, Inc. (NYSE:ESRT ) Q3 2024 Earnings Conference Call October 22, 2024 12:00 PM ET Company Participants Jason McGrath – Senior Associate Investor Relations Tony Malkin – Chairman and Chief Executive Officer Tom Durels – Executive Vice President-Real Estate Christina Chiu – President Steve Horn – Executive Vice President, Chief Financial Officer and Chief Accounting Officer Conference Call Participants Steve Sakwa – Evercore ISI John Kim – BMO Capital Markets Blaine Heck – Wells Fargo Michael Griffin – Citi Dylan Burzinski – Green Street John Kim – BMO Capital Markets Operator Greetings, and welcome to the Empire State Realty Trust Third Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.
10/21 16:15 EST - businesswire.com
Empire State Realty Trust Announces Third Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--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. ESRT's flagship Empire State Building, the “World's Most Famous Building,” features its iconic Observatory that was declared the #1 Attraction in the World – and the #1 Attraction in the U.S. for the third consecutive year– in Tripadvisor's 2024 Travelers' Choice Awards: Best of the Be.
Empire State Realty Trust Announces Third Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--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. ESRT's flagship Empire State Building, the “World's Most Famous Building,” features its iconic Observatory that was declared the #1 Attraction in the World – and the #1 Attraction in the U.S. for the third consecutive year– in Tripadvisor's 2024 Travelers' Choice Awards: Best of the Be.
10/07 17:26 EST - businesswire.com
Empire State Realty Trust Welcomes Four New Tenants to Its Retail Portfolio; Adds New ESB Observatory Ticketing Center
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that it welcomed four new tenants to its retail portfolio and plans to open a new ticketing center at the world-famous Empire State Building Observatory. ESRT expanded its curated food and beverage offerings with Alidoro, an Italian specialty sandwich shop, and Omakase restaurant Roppongi 37. Alidoro signed a new lease for a 1,156 square foot space at the Empire State Building. They will join other retailers.
Empire State Realty Trust Welcomes Four New Tenants to Its Retail Portfolio; Adds New ESB Observatory Ticketing Center
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that it welcomed four new tenants to its retail portfolio and plans to open a new ticketing center at the world-famous Empire State Building Observatory. ESRT expanded its curated food and beverage offerings with Alidoro, an Italian specialty sandwich shop, and Omakase restaurant Roppongi 37. Alidoro signed a new lease for a 1,156 square foot space at the Empire State Building. They will join other retailers.
09/23 16:15 EST - businesswire.com
Empire State Realty Trust Announces Dates for Third Quarter 2024 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 third quarter 2024 financial results on Monday, October 21, 2024, after the close of markets on the New York Stock Exchange. A conference call will be held on Tuesday, October 22, 2024, at 12:00 p.m. Eastern Time. During the conference call, the Company's officers will review third quarter performance, discuss recent events and conduct a question-and-answer period. T.
Empire State Realty Trust Announces Dates for Third Quarter 2024 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 third quarter 2024 financial results on Monday, October 21, 2024, after the close of markets on the New York Stock Exchange. A conference call will be held on Tuesday, October 22, 2024, at 12:00 p.m. Eastern Time. During the conference call, the Company's officers will review third quarter performance, discuss recent events and conduct a question-and-answer period. T.
09/20 12:46 EST - zacks.com
ESRT vs. NHI: Which Stock Is the Better Value Option?
Investors interested in REIT and Equity Trust - Other stocks are likely familiar with Empire State Realty Trust (ESRT) and National Health Investors (NHI). But which of these two stocks is more attractive to value investors?
ESRT vs. NHI: Which Stock Is the Better Value Option?
Investors interested in REIT and Equity Trust - Other stocks are likely familiar with Empire State Realty Trust (ESRT) and National Health Investors (NHI). But which of these two stocks is more attractive to value investors?
09/16 08:10 EST - zacks.com
Tap These 5 Bargain Stocks With Impressive EV-to-EBITDA Ratio
We have screened bargain stocks JD, ZIM, PAM, HG and ESRT based on the EV-to-EBITDA ratio, which offers a clearer picture of valuation and earnings potential.
Tap These 5 Bargain Stocks With Impressive EV-to-EBITDA Ratio
We have screened bargain stocks JD, ZIM, PAM, HG and ESRT based on the EV-to-EBITDA ratio, which offers a clearer picture of valuation and earnings potential.
09/10 04:09 EST - seekingalpha.com
Empire State Realty Trust: Expensive Valuation, Wait For A Better Entry Point
Empire State Realty Trust offers investors exposure to NYC real estate, including office, retail, and multifamily properties, and the iconic Empire State Building. The REIT's diverse portfolio includes significant rentable office and retail space, along with 727 residential units, providing a balanced investment opportunity. Q2'24 results came in better than expected and the near-term outlook looks strong with occupancy gains ahead for the office portfolio.
Empire State Realty Trust: Expensive Valuation, Wait For A Better Entry Point
Empire State Realty Trust offers investors exposure to NYC real estate, including office, retail, and multifamily properties, and the iconic Empire State Building. The REIT's diverse portfolio includes significant rentable office and retail space, along with 727 residential units, providing a balanced investment opportunity. Q2'24 results came in better than expected and the near-term outlook looks strong with occupancy gains ahead for the office portfolio.
09/04 12:41 EST - zacks.com
ESRT vs. NHI: Which Stock Should Value Investors Buy Now?
Investors with an interest in REIT and Equity Trust - Other stocks have likely encountered both Empire State Realty Trust (ESRT) and National Health Investors (NHI). But which of these two stocks offers value investors a better bang for their buck right now?
ESRT vs. NHI: Which Stock Should Value Investors Buy Now?
Investors with an interest in REIT and Equity Trust - Other stocks have likely encountered both Empire State Realty Trust (ESRT) and National Health Investors (NHI). But which of these two stocks offers value investors a better bang for their buck right now?
08/19 12:41 EST - zacks.com
ESRT or CUBE: Which Is the Better Value Stock Right Now?
Investors interested in stocks from the REIT and Equity Trust - Other sector have probably already heard of Empire State Realty Trust (ESRT) and CubeSmart (CUBE). But which of these two stocks presents investors with the better value opportunity right now?
ESRT or CUBE: Which Is the Better Value Stock Right Now?
Investors interested in stocks from the REIT and Equity Trust - Other sector have probably already heard of Empire State Realty Trust (ESRT) and CubeSmart (CUBE). But which of these two stocks presents investors with the better value opportunity right now?
08/12 08:56 EST - zacks.com
Pick These 5 Bargain Stocks With Alluring EV-to-EBITDA Ratios
We have screened bargain stocks MHO, NHYDY, GBX, HPE and ESRT based on the EV-to-EBITDA ratio, which offers a clearer picture of valuation and earnings potential.
Pick These 5 Bargain Stocks With Alluring EV-to-EBITDA Ratios
We have screened bargain stocks MHO, NHYDY, GBX, HPE and ESRT based on the EV-to-EBITDA ratio, which offers a clearer picture of valuation and earnings potential.
07/25 16:59 EST - seekingalpha.com
Empire State Realty Trust, Inc. (ESRT) Q2 2024 Earnings Call Transcript
Empire State Realty Trust, Inc. (NYSE:ESRT ) Q2 2024 Results Conference Call July 25, 2024 12:00 PM ET Company Participants Heather Houston - Senior Vice President, Chief Counsel, Corporate & Secretary Tony Malkin - Chairman & Chief Executive Officer Tom Durels - Executive Vice President, Real Estate Steve Horn - Executive Vice President, Chief Financial Officer & Chief Accounting Officer Christina Chiu - President Conference Call Participants Steve Sakwa - Evercore John Kim - BMO Capital Markets Michael Griffin - Citi Blaine Heck - Wells Fargo Camille Bonnel - Bank of America Dylan Burzinski - Green Street Operator Greetings, and welcome to the Empire State Realty Trust Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Empire State Realty Trust, Inc. (ESRT) Q2 2024 Earnings Call Transcript
Empire State Realty Trust, Inc. (NYSE:ESRT ) Q2 2024 Results Conference Call July 25, 2024 12:00 PM ET Company Participants Heather Houston - Senior Vice President, Chief Counsel, Corporate & Secretary Tony Malkin - Chairman & Chief Executive Officer Tom Durels - Executive Vice President, Real Estate Steve Horn - Executive Vice President, Chief Financial Officer & Chief Accounting Officer Christina Chiu - President Conference Call Participants Steve Sakwa - Evercore John Kim - BMO Capital Markets Michael Griffin - Citi Blaine Heck - Wells Fargo Camille Bonnel - Bank of America Dylan Burzinski - Green Street Operator Greetings, and welcome to the Empire State Realty Trust Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
06/25 15:17 EST - businesswire.com
The Empire State Building Observatory #1 Attraction in the World in Tripadvisor 2024 Travelers' Choice Awards
NEW YORK--(BUSINESS WIRE)--The Empire State Building (ESB) announced today that it was named the #1 Attraction in the World in Tripadvisor's 2024 Travelers' Choice Awards: Best of the Best Things to Do, and #1 Attraction in the U.S. for the third consecutive year. The Empire State Building Observatory has more than 60,000 5-star reviews. Guests say they are wowed by the authenticity of the “World's Most Famous Building,” its interactive exhibits, and incredible views. Reviewers deem a visit to.
The Empire State Building Observatory #1 Attraction in the World in Tripadvisor 2024 Travelers' Choice Awards
NEW YORK--(BUSINESS WIRE)--The Empire State Building (ESB) announced today that it was named the #1 Attraction in the World in Tripadvisor's 2024 Travelers' Choice Awards: Best of the Best Things to Do, and #1 Attraction in the U.S. for the third consecutive year. The Empire State Building Observatory has more than 60,000 5-star reviews. Guests say they are wowed by the authenticity of the “World's Most Famous Building,” its interactive exhibits, and incredible views. Reviewers deem a visit to.
06/24 16:15 EST - businesswire.com
Empire State Realty Trust Announces Dates for Second Quarter 2024 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 second quarter 2024 financial results on Wednesday, July 24, 2024, after the close of markets on the New York Stock Exchange. A conference call will be held on Thursday, July 25, 2024, at 12:00 p.m. Eastern Time. During the conference call, the Company's officers will review second quarter performance, discuss recent events and conduct a question-and-answer period. T.
Empire State Realty Trust Announces Dates for Second Quarter 2024 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 second quarter 2024 financial results on Wednesday, July 24, 2024, after the close of markets on the New York Stock Exchange. A conference call will be held on Thursday, July 25, 2024, at 12:00 p.m. Eastern Time. During the conference call, the Company's officers will review second quarter performance, discuss recent events and conduct a question-and-answer period. T.
06/16 14:41 EST - businesswire.com
A Spectacle in NYC: Empire State Building Debuts 270-Foot Vhagar the Dragon Coiled Around the Building's Mast, in Partnership with Max
NEW YORK--(BUSINESS WIRE)--A 270-foot-long dragon has landed in the center of New York City – atop the iconic Empire State Building (ESB). In partnership with Max, ESB has acknowledged that Vhagar the Dragon has coiled herself around its mast just as ESB and Max cap off their weeklong “House of the Dragon” takeover. The best views of Vhagar are in Manhattan from the south of ESB, and unique selfie moments are available from ESB itself where she scans for prey with her huge head extended over th.
A Spectacle in NYC: Empire State Building Debuts 270-Foot Vhagar the Dragon Coiled Around the Building's Mast, in Partnership with Max
NEW YORK--(BUSINESS WIRE)--A 270-foot-long dragon has landed in the center of New York City – atop the iconic Empire State Building (ESB). In partnership with Max, ESB has acknowledged that Vhagar the Dragon has coiled herself around its mast just as ESB and Max cap off their weeklong “House of the Dragon” takeover. The best views of Vhagar are in Manhattan from the south of ESB, and unique selfie moments are available from ESB itself where she scans for prey with her huge head extended over th.
06/13 06:55 EST - seekingalpha.com
Empire State Realty Trust: Fairly Priced, Worth Watching
Empire State Realty Trust owns mainly office real estate, with a bit of retail and multifamily as well, offering exposure to NYC. Shares have historically declined and offer a strangely low dividend yield of 1.5%. ESRT mostly earns rental revenue but also enjoys good tourist income through the Empire State Building, which it owns.
Empire State Realty Trust: Fairly Priced, Worth Watching
Empire State Realty Trust owns mainly office real estate, with a bit of retail and multifamily as well, offering exposure to NYC. Shares have historically declined and offer a strangely low dividend yield of 1.5%. ESRT mostly earns rental revenue but also enjoys good tourist income through the Empire State Building, which it owns.
05/30 16:15 EST - businesswire.com
Empire State Realty Trust To Present At The Nareit REITweek 2024 Investor Conference
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”), today announced that Christina Chiu, President, Tom Durels, EVP, Real Estate, and Steve Horn, EVP, Chief Financial Officer & Chief Accounting Officer, will participate in a moderated Company presentation at the Nareit REITweek 2024 investor conference on Wednesday, June 5, 2024, from 12:30 p.m. to 1:00 p.m. Eastern Time. The Company presentation will be available via webcast. The live audio-webcast can.
Empire State Realty Trust To Present At The Nareit REITweek 2024 Investor Conference
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”), today announced that Christina Chiu, President, Tom Durels, EVP, Real Estate, and Steve Horn, EVP, Chief Financial Officer & Chief Accounting Officer, will participate in a moderated Company presentation at the Nareit REITweek 2024 investor conference on Wednesday, June 5, 2024, from 12:30 p.m. to 1:00 p.m. Eastern Time. The Company presentation will be available via webcast. The live audio-webcast can.
05/28 09:30 EST - businesswire.com
Pontera Solutions Signs 41k Square Foot Expansion Lease with ESRT at the Empire State Building
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that it signed a new, long term lease with Pontera Solutions, Inc. for a 40,679 square foot space at the Empire State Building. Pontera – a fintech company that specializes in software for financial advisors to manage retirement accounts –- will relocate from their current 10,539 square foot space at ESRT's 111 W. 33rd Street. “ESRT continues to provide solutions for great businesses, this time with Pontera.
Pontera Solutions Signs 41k Square Foot Expansion Lease with ESRT at the Empire State Building
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that it signed a new, long term lease with Pontera Solutions, Inc. for a 40,679 square foot space at the Empire State Building. Pontera – a fintech company that specializes in software for financial advisors to manage retirement accounts –- will relocate from their current 10,539 square foot space at ESRT's 111 W. 33rd Street. “ESRT continues to provide solutions for great businesses, this time with Pontera.
05/10 11:32 EST - businesswire.com
Empire State Realty Trust Announces Dividend for Second Quarter 2024
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 second quarter of 2024, payable to holders of the Company's Class A common stock and Class B common stock and to holders of Empire State Realty OP, L.P.'s (“ESRO”) Series ES, Series 250 and Series 60 operating partnership units (NYSE Arca: ESBA, FISK and OGCP, respectively) and Series PR operating partnership uni.
Empire State Realty Trust Announces Dividend for Second Quarter 2024
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 second quarter of 2024, payable to holders of the Company's Class A common stock and Class B common stock and to holders of Empire State Realty OP, L.P.'s (“ESRO”) Series ES, Series 250 and Series 60 operating partnership units (NYSE Arca: ESBA, FISK and OGCP, respectively) and Series PR operating partnership uni.