Looking for Sentiment Analysis? Discover the most popular stocks on Reddit by using our Sentiment Tracker
ESRT - Empire State Realty Trust, Inc.
Market Cap 2.47B P/E 26.91 EPS this Y -60.00% Ern Qtrly Grth -20.90%
Income 43.34M Forward P/E 68.31 EPS next Y -8.30% 50D Avg Chg 21.00%
Sales 755.13M PEG 50.32 EPS past 5Y 3.21% 200D Avg Chg 26.00%
Dividend 2.00% Price/Book 0.83 EPS next 5Y 1.80% 52W High Chg -2.00%
Recommedations 3.00 Quick Ratio 10.60 Shares Outstanding 164.48M 52W Low Chg 65.00%
Insider Own 0.05% ROA 2.23% Shares Float 134.50M Beta 1.42
Inst Own 89.56% ROE 4.30% Shares Shorted/Prior 4.92M/5.02M Price 8.88
Gross Margin 54.21% Profit Margin 6.30% Avg. Volume 1,594,630 Target Price 11.25
Oper. Margin 20.77% Earnings Date Oct 21 Volume 1,894,702 Change 0.57%
Real Estate | REIT - Diversified | United States
About Empire State Realty Trust, Inc.

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.

Empire State Realty Trust, Inc. News
11/13/24 Empire State Realty Trust (NYSE:ESRT) shareholders have endured a 18% loss from investing in the stock five years ago
10/29/24 Bots at the Wheel
10/29/24 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
10/28/24 Empire State Realty price target raised to $11 from $10 at Wells Fargo
10/24/24 Bloomsbury Publishing, Inc. Signs 24k Square Foot Office Lease with ESRT at 1359 Broadway
10/23/24 Q3 2024 Empire State Realty Trust Inc Earnings Call
04:56 PM Empire State Building Opens New 10,000 Square Foot Empire Lounge, with 400-Person All-Hands Space, Multi-Sport Court, and Golf Simulators
03:27 PM Empire State Realty Trust: Q3 Earnings Snapshot
03:15 PM Empire State Realty Trust Announces Third Quarter 2024 Results
10/15/24 Empire State Realty Trust Ranks First of All Americas’ Listed Companies for Second Consecutive Year and Achieves Top GRESB 5 Star Rating
10/09/24 The Empire State Building Hosts Annual Run-Up, Presented by Starbucks and Powered by the Challenged Athletes Foundation
10/07/24 Empire State Realty Trust Welcomes Four New Tenants to Its Retail Portfolio; Adds New ESB Observatory Ticketing Center
09/23/24 Empire State Realty Trust Announces Dates for Third Quarter 2024 Earnings Release and Conference Call
09/20/24 ESRT vs. NHI: Which Stock Is the Better Value Option?
09/17/24 Zacks.com featured highlights include JD.com, ZIM Integrated Shipping, Pampa, Hamilton and Empire State Realty
09/16/24 Tap These 5 Bargain Stocks With Impressive EV-to-EBITDA Ratio
09/04/24 ESRT vs. NHI: Which Stock Should Value Investors Buy Now?
08/19/24 ESRT or CUBE: Which Is the Better Value Stock Right Now?
08/19/24 Empire State Realty Trust Receives Expected Notice From NYSE Related to Delayed Filing of Quarterly Report on Form 10-Q
08/16/24 Invest Like Donald Trump With These REITs Yielding Up To 8.3%
ESRT Chatroom

User Image gtrades31 Posted - 1 month ago

$ESRT Q3-2024 Earnings 🟢 EPS +8% $ 0.26 (vs 0.24) 🔴 REV -21% $ 153.12M (vs 193.69m) #EmpireStateRealtyTrust #Earnings

User Image ProfitablePatterns Posted - 1 month ago

$ESRT broke out yesterday on strong volume and now a quick throwback retest. On balance volume confirming the move and in fact leading it higher.

User Image WeeklyTrader Posted - 1 month ago

Let’s talk about why $ESRT is in trouble! RSI: 58.56% 50-day MA: $10.61 200-day MA: $9.93

User Image FilingFact Posted - 1 month ago

$ESRT According to https://www.filingfact.com these are some of the top facts from the last report: Positive Facts - Subsequent to quarter-end, in July 2024, we entered into two purchase agreements, each relating to the acquisition of separate prime retail portfolios located on North 6 th Street in the Williamsburg neighborhood of Brooklyn, New York for $ 103 million and $ 92 million, respectively - We are not aware of any liabilities related to environmental contamination that we believe will have a material adverse effect on our operations Negative Facts - The company placed the First Stamford Place property in receivership in May 2024. This means that a court-appointed receiver will manage the property and its assets. This is a negative development for the company as it indicates financial distress and potential loss of value for the property.

User Image themacromindset Posted - 1 month ago

$ESRT Empire State Realty adds four new tenants to its retail portfolio

User Image Kascnef82 Posted - 09/25/24

$NYT https://www.nytimes.com/live/2024/09/25/nyregion/eric-adams-indicted-corruption $ESRT

User Image StockInvest_us Posted - 09/24/24

Signal alert: $ESRT - Double Bottom https://stockinvest.us/l/MuCtvrlM0n

User Image Stock_Titan Posted - 09/23/24

$ESRT Empire State Realty Trust Announces Dates for Third Quarter 2024 Earnings Release and Conference Call https://www.stocktitan.net/news/ESRT/empire-state-realty-trust-announces-dates-for-third-quarter-2024-f5gvs4l1ba9d.html

User Image AnaChart Posted - 2 months ago

$ESRT https://anachart.com/wp-content/uploads/ana_temp/1726081302_soc-img.jpg

User Image Moneyteamstocks Posted - 2 months ago

$ESRT Good Buy Now

User Image brenbto Posted - 3 months ago

$ESRT

User Image Stock_Titan Posted - 3 months ago

$ESRT $ESBA Empire State Realty Trust Receives Expected Notice From NYSE Related to Delayed Filing of Quarterly Report on Form 10-Q https://www.stocktitan.net/news/ESRT/empire-state-realty-trust-receives-expected-notice-from-nyse-related-rjpsx9ocu05u.html

User Image Stock_Titan Posted - 07/31/24

$ESRT ESRT Signs the William Carter Company and Equativ for 49k Square Feet at 1350 Broadway https://www.stocktitan.net/news/ESRT/esrt-signs-the-william-carter-company-and-equativ-for-49k-square-21v0h0781061.html

User Image NVDAMillionaire Posted - 07/30/24

$ESRT Empire State Realty Trust, Inc. (ESRT): A Diversified NYC REIT Poised for Growth http://beyondspx.com/2024/07/28/empire-state-realty-trust-inc-esrt-a-diversified-nyc-reit-poised-for-growth/

User Image epsguid Posted - 07/24/24

$ESRT reported earnings of $0.24, consensus was $0.24 via @eWhispers #epsmeet http://eps.sh/d/esrt

User Image DonCorleone77 Posted - 07/24/24

$ESRT Empire State Realty affirms FY24 FFO view of 90c-94c,consensus 93c Raises FY24 same-store property cash NOI growth view to 0%-3% from down 1% to up 2%.

User Image DonCorleone77 Posted - 07/24/24

$ESRT Empire State Realty reports Q2 FFO 24c, consensus 24c The company states: "Same-Store Property Cash Net Operating Income increased 7.4% year-over-year, excluding lease termination fees, primarily driven by higher revenues from cash rent commencement, which was partially offset by increases in operating expenses. Adjusted for certain nonrecurring items, Same-Store NOI increased by approximately 6% year-over-year. Manhattan office portfolio leased rate increased by 60bps sequentially and 170bps year-over-year to 93.3%. The total commercial portfolio is 92.6% leased as June 30, 2024. This is the 10th consecutive quarter of positive commercial leased rate absorption."

User Image StockInvest_us Posted - 4 months ago

Signal alert: $ESRT - Overbought Trend Short (Overvalued) https://stockinvest.us/l/50D2scxvng

User Image Stock_Titan Posted - 4 months ago

$ESRT Empire State Realty Trust Announces Release of Schedule K-3 https://www.stocktitan.net/news/ESRT/empire-state-realty-trust-announces-release-of-schedule-k-mlky7fl3skyn.html

User Image DonCorleone77 Posted - 4 months ago

$ESRT Empire State Realty signs 28Ksqf lease for office space in Empire State Building The company states: "Empire State Realty Trust announced today that it signed a new lease with global management consulting firm Kearney for a 27,866 square foot duplex on the two highest office floors at the Empire State Building the "World's Most Famous Building."

User Image Stock_Titan Posted - 4 months ago

$ESRT Kearney Signs 27,866 Square Foot Duplex Lease for the Empire State Building’s Highest Office Floors https://www.stocktitan.net/news/ESRT/kearney-signs-27-866-square-foot-duplex-lease-for-the-empire-state-tbpo2csoq22c.html

User Image Moneyteamstocks Posted - 06/26/24

$ESRT

User Image Stock_Titan Posted - 06/24/24

$ESRT Empire State Realty Trust Announces Dates for Second Quarter 2024 Earnings Release and Conference Call https://www.stocktitan.net/news/ESRT/empire-state-realty-trust-announces-dates-for-second-quarter-2024-nqebj8nduisy.html

User Image Stock_Titan Posted - 05/28/24

$ESRT Pontera Solutions Signs 41k Square Foot Expansion Lease with ESRT at the Empire State Building https://www.stocktitan.net/news/ESRT/pontera-solutions-signs-41k-square-foot-expansion-lease-with-esrt-at-f85xba3oza1p.html

User Image Stock_Titan Posted - 04/30/24

$ESRT The Empire State Building Partners with WhatsApp and Mercedes-AMG PETRONAS F1 Team to Produce Dynamic Light Show, Fifth Avenue Demo Run, Exclusive Pop-Ups, and More https://www.stocktitan.net/news/ESRT/the-empire-state-building-partners-with-whats-app-and-mercedes-amg-phrv1yf7nbjb.html

User Image epsguid Posted - 04/24/24

$ESRT reported earnings of $0.21, consensus was $0.19 via @eWhispers #epsbeat http://eps.sh/d/esrt

User Image Stock_Titan Posted - 7 months ago

$ESRT $ESBA Empire State Realty Trust Announces Private Placement of $225 Million of Green Senior Unsecured Notes https://www.stocktitan.net/news/ESRT/empire-state-realty-trust-announces-private-placement-of-225-million-uoiu1h7v0b4l.html

User Image TickerDD_com Posted - 7 months ago

From 3/21/2024, looking back across 22 Month-Ends for ESRT, Percentage Change of Average Monthly Price had More Positives (59%) while Percentage Change of Average Monthly Volume had All Positives (100%) $ESRT #ESRT #ESRTStock #TickerDD https://www.youtube.com/watch?v=h-PO2_-FieY

User Image Stock_Titan Posted - 7 months ago

$ESRT Empire State Realty Trust Announces Date of 2024 Annual Meeting of Shareholders https://www.stocktitan.net/news/ESRT/empire-state-realty-trust-announces-date-of-2024-annual-meeting-of-qj8h6nro2tlx.html

User Image Prudentspeculator5150 Posted - 7 months ago

$ESRT mailing in the keys to First Stamford place. The $176m mortgage proved too much. $176M is only 8% of cash on $EQC balance sheet. https://firststamfordplace.info/mobile.cfm?mode=toc

Analyst Ratings
Wells Fargo Underweight Sep 11, 24
BMO Capital Outperform Jul 19, 24
Evercore ISI Group In-Line Nov 27, 23
Wells Fargo Underweight Aug 30, 23
Evercore ISI Group Outperform Aug 17, 23
Citigroup Neutral Aug 8, 23
Citigroup Neutral Jun 15, 23
Evercore ISI Group Outperform May 23, 23
Evercore ISI Group In-Line Apr 12, 23