Empire State Realty Trust, Inc. (ESRT)
| Market Cap | 1.59B |
| Revenue (ttm) | 767.81M |
| Net Income (ttm) | 43.40M |
| Shares Out | 278.28M |
| EPS (ttm) | 0.25 |
| PE Ratio | 22.50 |
| Forward PE | 103.02 |
| Dividend | $0.14 (2.46%) |
| Ex-Dividend Date | Mar 13, 2026 |
| Volume | 1,229,619 |
| Open | 5.71 |
| Previous Close | 5.69 |
| Day's Range | 5.65 - 5.76 |
| 52-Week Range | 4.87 - 8.76 |
| Beta | 1.39 |
| Analysts | Hold |
| Price Target | 6.35 (+10.82%) |
| Earnings Date | Apr 29, 2026 |
About ESRT
Empire State Realty Trust, Inc. 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. The Company is a recognized leader in energy efficiency and indoor environmental quality. As of December 31, 2025, ESRT’s portfolio is comprised of approximately 7.9 million rentable square feet of office space, 0.8 million rentable square feet... [Read more]
Financial Performance
In 2025, Empire State Realty Trust's revenue was $767.81 million, an increase of 0.61% compared to the previous year's $763.15 million. Earnings were $43.40 million, a decrease of -8.52%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for ESRT stock is "Hold." The 12-month stock price target is $6.35, which is an increase of 10.82% from the latest price.
News
Empire State Realty Trust Unveils New Rooftop Lounge Tenant Amenity at 1333 Broadway
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust (NYSE: ESRT) today announced the grand opening of the Rooftop at 1333 Broadway – the final piece of its Broadway Portfolio's amenity package. The n...
Empire State Realty Trust Publishes 2025 Sustainability Report With Major Achievements, Targets, and Metrics
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) published its annual Sustainability Report that features major awards and achievements, data-based goals, and transparent metric...
The Empire State Building To Celebrate Its 95th Anniversary With a Sweet New Pop-Up Experience From Ghirardelli
NEW YORK--(BUSINESS WIRE)--Something sweet comes to the top attraction in NYC. The Empire State Building (ESB) announced today that it will partner with Ghirardelli Chocolate Company, beloved chocolat...
Empire State Realty Trust Announces Acquisition and Financing Transactions Within Its NYC Retail Portfolio
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”) acquired a newly constructed, prime retail asset located at 41-55 North 6th Street in Williamsburg, Brooklyn for...
Spring is in Full Bloom at the Empire State Building with New Festive Experiences, Sweet Treats, and Seasonal Tower Lighting
NEW YORK--(BUSINESS WIRE)--Spring is in full swing at the “World's Most Famous Building.” The Empire State Building (ESB) today announced a vibrant lineup of spring events in NYC, which include specia...
Empire State Realty Trust Announces Dates for First Quarter 2026 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 first quarter 2026 financial results on Wednesday, April 29, 2026, aft...
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The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.
FIFA World Cup 2026™ Mascots and Representatives from the New York New Jersey Host Committee, U.S.
NEW YORK--(BUSINESS WIRE)-- FIFA World Cup 2026™ Mascots and Representatives from the New York New Jersey Host Committee, U.S. Soccer Federation, Mexico Football Federation and Canada Soccer Light th...
Empire State Realty Trust Transcript: Citi’s Miami Global Property CEO Conference 2026
Leasing momentum and occupancy growth continue, supported by disciplined capital allocation and a sharpened NYC focus. Recent acquisitions, strong balance sheet management, and a resilient observatory business position the portfolio for durable cash flow and value creation. AI and market trends are seen as opportunities, not threats.
Empire State Realty Trust to Present at Citi's 31st Annual Global Property CEO Conference
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”), today announced that Anthony E. Malkin, Chairman and Chief Executive Officer, and Christina Chiu, President, wi...
Empire State Realty Trust Achieves WELL Health-Safety Leadership Award for Second Consecutive Year and Healthy Building Catalyst Award
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that it received the 2025 International WELL Building Institute (IWBI) WELL Health Safety Leadership award, for ...
Empire State Realty Trust Announces Dividend for First Quarter 2026
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 first quarter o...
Empire State Realty Trust Earnings Call Transcript: Q4 2025
Full-year core FFO reached $0.87 per share, driven by strong leasing, portfolio transformation to 100% NYC assets, and robust Observatory performance. 2026 guidance anticipates stable FFO, continued high occupancy, and lower G&A, with capital flexibility for growth.
TJ Maxx and JP Morgan Chase Bank Renew Long-Term Retail Leases With Empire State Realty Trust Which Total 68,120 Square Feet
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that it signed long-term renewal leases with TJ Maxx and JP Morgan Chase Bank for retail spaces for 46,437 and 2...
Burlington Stores, Inc. Expands Space and Renews Lease to Occupy 206,392 Square Feet at 1400 Broadway; Nespresso Renews 41,835 Square Foot Lease at 111 W. 33rd Street
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that it signed two renewal leases and one expansion with Burlington Stores, Inc. and Nespresso at two of its pre...
Empire State Realty Trust Announces Fourth Quarter and Full Year 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 Announces 2025 Tax Treatment of Its Distributions
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”), today announced the 2025 tax treatment of its Class A common stock distributions, as described below. The follo...
The World's Most Romantic Building: ESB Celebrates Valentine's Day 2026 with NYC's Most Extravagant Date Night, Romantic Paint ‘n Pour Classes, ‘Sleepless in Seattle' Screenings, Proposal Package, and More
NEW YORK--(BUSINESS WIRE)--Love is in the air at the “World's Most Romantic Building.” The Empire State Building (ESB) today announced its romantic Valentine's Day plans for couples in NYC, which incl...
Empire State Realty Trust Announces Dates for Fourth 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 fourth quarter 2025 financial results on Tuesday, February 17, 2026, a...
Newmark Advises Scholastic on $386 Million Sale-Leaseback of New York City Headquarters
NEW YORK , Dec. 19, 2025 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark"), a leading commercial real estate advisor and service provider to global corporations, institutional investors, ...
Empire State Building Sets New Standard as First LEED v5 Platinum Certified Building in New York State
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) today announced that the Empire State Building has achieved Leadership in Energy and Environmental Design (LEED) Platinum certif...
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...