Empire State Realty Trust, Inc. (ESRT)
| Market Cap | 1.88B |
| Revenue (ttm) | 766.18M |
| Net Income (ttm) | 34.89M |
| Shares Out | 278.87M |
| EPS (ttm) | 0.21 |
| PE Ratio | 32.90 |
| Forward PE | 108.00 |
| Dividend | $0.14 (2.07%) |
| Ex-Dividend Date | Sep 15, 2025 |
| Volume | 1,437,945 |
| Open | 6.84 |
| Previous Close | 6.87 |
| Day's Range | 6.68 - 6.91 |
| 52-Week Range | 6.55 - 11.43 |
| Beta | 1.35 |
| Analysts | Sell |
| Price Target | 6.80 (+0.74%) |
| Earnings Date | Oct 29, 2025 |
About ESRT
Empire State Realty Trust, Inc. (NYSE: ESRT) is a NYC-focused REIT that owns and operates a portfolio of well-leased, top of tier, 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, ranked the #1 Top Attraction in New York City for the fourth consecutive year in Tripadvisor’s 2025 Travelers’ Choice Awards: Best of the Best Things to Do. The Company is a recognized leader in energy efficiency and indoor enviro... [Read more]
Financial Performance
In 2024, Empire State Realty Trust's revenue was $763.15 million, an increase of 3.19% compared to the previous year's $739.57 million. Earnings were $47.44 million, a decrease of -3.27%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for ESRT stock is "Sell" and the 12-month stock price target is $6.8.
News
Empire State Realty Trust Announces Dividend for Fourth Quarter 2025
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 fourth quarter ...
Empire State Realty Trust Announces Acquisition of the Scholastic Building
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”), announced that it has agreed to acquire 555-557 Broadway (the “Scholastic Building”) for $386 million. The prop...
Scholastic Unlocks Significant Value Through Sale-Leasebacks of Owned Real Estate Assets
Binding Agreements Signed for Sale of New York City Headquarters and Jefferson City, Missouri Distribution Center Transactions Expected to Generate $401 Million in Estimated Net Proceeds to Be Deploye...
Empire State Realty Trust Signs HOKA and Tecovas on N. Sixth Street in Williamsburg, Brooklyn
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) announced that it signed two new retail leases with HOKA and Tecovas for a total of 8,322 square feet to join ESRT's North Sixth...
Gerson Lehrman Group, Inc. to Expand 18,230 Square Feet at One Grand Central Place for a Total 95,612 Square Foot Space
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) announced that it signed an 18,230 square foot expansion lease with Gerson Lehrman Group, Inc. (GLG) – a financial and global in...
The Empire State Building Holiday Celebrations Include: Radio City Rockettes 100th Anniversary Exhibits, Visits from Santa, Holiday Décor, Movie Screenings, Pop-ups, Lightings, and More
NEW YORK--(BUSINESS WIRE)--The Empire State Building (ESB) today announced its Holiday Celebration plans include: holiday décor, classic movie screenings, local pop-ups, festive tower lightings, and a...
Empire State Realty Trust Might Be Overly Discounted
Empire State Realty Trust is trading at an 8.8x multiple against the midpoint of its core FFO guidance for fiscal 2025. This is 24% lower than recently acquired peer PGRE. The Manhattan office-focused...
The Empire State Building Ushers in Autumn with an Iconic NYC Pop-Up, Festive Photo Corner, Special Tower Lighting, Exclusive Ticket Offer, and Visit from Halloween Queen Heidi Klum
NEW YORK--(BUSINESS WIRE)--Trick-or-Treat! The Empire State Building (ESB) today announced details for its fall and Halloween festivities with an iconic pop-up, special tower lighting, fall photo corn...
Empire State Realty Trust, Inc. (ESRT) Q3 2025 Earnings Call Transcript
Empire State Realty Trust, Inc. ( ESRT) Q3 2025 Earnings Call October 30, 2025 12:00 PM EDT Company Participants Heather Lawson - Senior VP, Chief Counsel, Corporate & Secretary Anthony Malkin - Chai...
Empire State Realty Trust Announces Third Quarter 2025 Results
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) is a NYC-focused REIT that owns and operates a portfolio of well-leased, top of tier, modernized, amenitized, and well-located o...
Empire State Realty Trust Welcomes Rolex to Its North Sixth Street Collection in Williamsburg
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that it signed a new lease with Tourneau, LLC for a 3,709 square foot Rolex retail store at 86 North Sixth Stree...
Empire State Realty Trust Achieves New ENERGY STAR NextGen Certification for New York City Properties, With ESRT Buildings Recognized as More Energy Efficient Than 90 Percent of Similar Properties Nationwide
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) today announced that it is one of the first companies to achieve the U.S. Environmental Protection Agency's ENERGY STAR NextGen ...
Empire State Realty Trust Signs SORA for 14,430 Square Foot, High-End Restaurant Concept at One Grand Central Place
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that it signed a new lease with SORA, a groundbreaking Japanese omakase-style restaurant concept, for a 14,430 s...
The Empire State Building Hosts Annual Run-Up, Presented by NYU Langone Health and Powered by the Challenged Athletes Foundation
NEW YORK--(BUSINESS WIRE)--The Empire State Building (ESB) hosted the 47th Annual Empire State Building Run-Up, presented by NYU Langone Health and powered by the Challenged Athletes Foundation (CAF)....
Empire State Realty Trust Achieves Highest GRESB Management Score for All Companies in the Americas, and Top 5-Star Rating
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that it achieved the highest possible Global Real Estate Sustainability Benchmark (GRESB) 5 Star Rating for the ...
Empire State Realty Trust Announces Dates for Third Quarter 2025 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 2025 financial results on Wednesday, October 29, 2025, a...
Empire State Realty Trust Announces Dividend for Third Quarter 2025
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 third quarter o...
Empire State Realty Trust Q2 Revenue Up
Empire State Realty Trust Q2 Revenue Up
Empire State Realty Trust, Inc. (ESRT) Q2 2025 Earnings Call Transcript
Empire State Realty Trust, Inc. (NYSE:ESRT) Q2 2025 Earnings Conference Call July 24, 2025 12:00 PM ET Company Participants Anthony E. Malkin - Chairman & CEO Christina Chiu - President Heather M.
Empire State Realty Trust CEO: International demand was lower than expected
Anthony Malkin, Empire State Realty Trust CEO, joins 'The Exchange' to discuss the state of REITs, the shares falling on lower international demand and New York City Democratic Mayoral candidate Mamda...
Empire State Realty Trust Announces Second Quarter 2025 Results
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) is a NYC-focused REIT that owns and operates a portfolio of well-leased, top of tier, modernized, amenitized, and well-located o...
Elsberg Baker & Maruri PLLC Signs New 40k Square Foot Lease at the Empire State Building
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that it signed a 39,237 square foot lease with law firm Elsberg Baker & Maruri PLLC at the Empire State Building...
Empire State Realty Trust Announces George L. W. Malkin Has Joined Its Board of Directors
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”), today announced that George L. W. Malkin has joined its Board of Directors, effective July 13, 2025. Mr. Malkin...
The 2025 Empire State Building Run-Up Returns Oct. 8
NEW YORK--(BUSINESS WIRE)--The Empire State Building (ESB) announced today general lottery registration for the annual Empire State Building Run-Up (ESBRU) on Oct. 8, 2025, at 8 p.m. ESB also announce...
Mott MacDonald Signs New 25,372 Square Foot, Full-Floor Lease at the Empire State Building
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) today announced that it signed a new lease with Mott MacDonald NY Inc. – an engineering, development, and management consultancy...