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Empire State Realty Trust (ESRT) Stock

Profile

Industry:

Diversified

Country:

United States

IPO:

02 October 2013

Indexes:

Not included

Description:

Empire State Realty Trust (ESRT) is a real estate investment trust (REIT) focused on owning, managing, and leasing office and retail properties, primarily in New York City. It is best known for the iconic Empire State Building, emphasizing sustainability and tenant satisfaction in its operations.

Key Details

Price

$11.08

TTM Dividend Yield

1.26%(-25.00% YoY)

Annual Revenue

$739.57 M(+1.72% YoY)

Annual EPS

$0.30(+36.36% YoY)

PE Ratio

41.04(+62.60% YoY)

Beta

0.97

Events Calendar

Earnings

Next earnings date:

Feb 21, 2025

Recent quarterly earnings:

Oct 21, 2024

Recent annual earnings:

Feb 21, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Sept 16, 2024
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

15 Nov '24 BMO Capital
Outperform
11 Sept '24 Wells Fargo
Underweight
19 July '24 BMO Capital
Outperform
27 Nov '23 Evercore ISI Group
In-Line
30 Aug '23 Wells Fargo
Underweight
17 Aug '23 Evercore ISI Group
Outperform
08 Aug '23 Citigroup
Neutral
15 June '23 Citigroup
Neutral
23 May '23 Evercore ISI Group
Outperform
12 Apr '23 Evercore ISI Group
In-Line

Market Data

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Institutional Ownership

Empire State Realty Trust, Inc. (ESRT) Q3 2024 Earnings Call Transcript
Empire State Realty Trust, Inc. (ESRT) Q3 2024 Earnings Call Transcript
Empire State Realty Trust, Inc. (ESRT) Q3 2024 Earnings Call Transcript
ESRT
seekingalpha.com22 October 2024

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.

ESRT vs. NHI: Which Stock Is the Better Value Option?
ESRT vs. NHI: Which Stock Is the Better Value Option?
ESRT vs. NHI: Which Stock Is the Better Value Option?
ESRT
zacks.com20 September 2024

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 Should Value Investors Buy Now?
ESRT vs. NHI: Which Stock Should Value Investors Buy Now?
ESRT vs. NHI: Which Stock Should Value Investors Buy Now?
ESRT
zacks.com04 September 2024

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 or CUBE: Which Is the Better Value Stock Right Now?
ESRT or CUBE: Which Is the Better Value Stock Right Now?
ESRT or CUBE: Which Is the Better Value Stock Right Now?
ESRT
zacks.com19 August 2024

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?

Pick These 5 Bargain Stocks With Alluring EV-to-EBITDA Ratios
Pick These 5 Bargain Stocks With Alluring EV-to-EBITDA Ratios
Pick These 5 Bargain Stocks With Alluring EV-to-EBITDA Ratios
ESRT
zacks.com12 August 2024

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.

Pontera Solutions Signs 41k Square Foot Expansion Lease with ESRT at the Empire State Building
Pontera Solutions Signs 41k Square Foot Expansion Lease with ESRT at the Empire State Building
Pontera Solutions Signs 41k Square Foot Expansion Lease with ESRT at the Empire State Building
ESRT
businesswire.com28 May 2024

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.

2 Little-Known Stocks That Could Help You Build Generational Wealth
2 Little-Known Stocks That Could Help You Build Generational Wealth
2 Little-Known Stocks That Could Help You Build Generational Wealth
ESRT
The Motley Fool04 May 2024

These stocks may not be well-known, but they have the potential to yield significant returns for investors who are willing to wait.

ESRT vs. OHI: Which Stock Is the Better Value Option?
ESRT vs. OHI: Which Stock Is the Better Value Option?
ESRT vs. OHI: Which Stock Is the Better Value Option?
ESRT
Zacks Investment Research18 April 2024

Investors looking at stocks in the REIT and Equity Trust - Other sector are likely familiar with Empire State Realty Trust (ESRT) and Omega Healthcare Investors (OHI). However, which of these stocks is more appealing to value investors?

ESRT or SHO: Which Is the Better Value Stock Right Now?
ESRT or SHO: Which Is the Better Value Stock Right Now?
ESRT or SHO: Which Is the Better Value Stock Right Now?
ESRT
Zacks Investment Research01 April 2024

Investors looking for stocks in the REIT and Equity Trust - Other sector might want to consider either Empire State Realty Trust (ESRT) or Sunstone Hotel Investors (SHO). But which of these two stocks presents investors with the better value opportunity right now?

Empire State Realty Trust Announces Dates for First Quarter 2024 Earnings Release and Conference Call
Empire State Realty Trust Announces Dates for First Quarter 2024 Earnings Release and Conference Call
Empire State Realty Trust Announces Dates for First Quarter 2024 Earnings Release and Conference Call
ESRT
Business Wire21 March 2024

NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”), today announced that it will release its first quarter 2024 financial results on Wednesday, April 24, 2024, after the close of markets on the New York Stock Exchange. A conference call will be held on Thursday, April 25, 2024, at 12:00 p.m. Eastern Time. During the conference call, the Company's officers will review first quarter performance, discuss recent events and conduct a question-and-answer period. T.

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FAQ

  • What is the primary business of Empire State Realty Trust?
  • What is the ticker symbol for Empire State Realty Trust?
  • Does Empire State Realty Trust pay dividends?
  • What sector is Empire State Realty Trust in?
  • What industry is Empire State Realty Trust in?
  • What country is Empire State Realty Trust based in?
  • When did Empire State Realty Trust go public?
  • Is Empire State Realty Trust in the S&P 500?
  • Is Empire State Realty Trust in the NASDAQ 100?
  • Is Empire State Realty Trust in the Dow Jones?
  • When was Empire State Realty Trust's last earnings report?
  • When does Empire State Realty Trust report earnings?
  • Should I buy Empire State Realty Trust stock now?

What is the primary business of Empire State Realty Trust?

Empire State Realty Trust (ESRT) is a real estate investment trust (REIT) focused on owning, managing, and leasing office and retail properties, primarily in New York City. It is best known for the iconic Empire State Building, emphasizing sustainability and tenant satisfaction in its operations.

What is the ticker symbol for Empire State Realty Trust?

The ticker symbol for Empire State Realty Trust is NYSE:ESRT

Does Empire State Realty Trust pay dividends?

Yes, Empire State Realty Trust pays dividends. The last payment was $0.04, with an ex-dividend date on 16 September 2024

What sector is Empire State Realty Trust in?

Empire State Realty Trust is in the Real Estate sector

What industry is Empire State Realty Trust in?

Empire State Realty Trust is in the Diversified industry

What country is Empire State Realty Trust based in?

Empire State Realty Trust is headquartered in United States

When did Empire State Realty Trust go public?

Empire State Realty Trust's initial public offering (IPO) was on 02 October 2013

Is Empire State Realty Trust in the S&P 500?

No, Empire State Realty Trust is not included in the S&P 500 index

Is Empire State Realty Trust in the NASDAQ 100?

No, Empire State Realty Trust is not included in the NASDAQ 100 index

Is Empire State Realty Trust in the Dow Jones?

No, Empire State Realty Trust is not included in the Dow Jones index

When was Empire State Realty Trust's last earnings report?

Empire State Realty Trust's most recent earnings report was on 21 October 2024

When does Empire State Realty Trust report earnings?

The next expected earnings date for Empire State Realty Trust is 21 February 2025

Should I buy Empire State Realty Trust stock now?

As of today, analysts generally recommend a 'Hold' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions