Empire State Realty Trust Stock (NYSE:ESRT)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$5.70

52W Range

$4.87 - $8.76

50D Avg

$5.47

200D Avg

$6.46

Market Cap

$958.46M

Avg Vol (3M)

$1.71M

Beta

1.36

Div Yield

$0.14 (2.50%)

ESRT Company Profile


Empire State Realty Trust, Inc. (NYSE: ESRT) functions as a leading real estate investment trust (REIT), focused on the acquisition, ownership, management, operation, and revitalization of commercial office and retail assets across Manhattan and the broader New York metropolitan region. Its notable properties include the iconic Empire State Building, globally renowned as "The World's Most Famous Building." Based in New York, New York, the company's diverse portfolio encompassed 10.1 million rentable square feet as of September 30, 2020. This total comprised 9.4 million rentable square feet across 14 office properties – specifically, nine situated in Manhattan, three in Fairfield County, Connecticut, and two in Westchester County, New York – in addition to approximately 700,000 rentable square feet in retail spaces. ESRT has consistently demonstrated leadership in energy efficiency retrofits and maintaining superior Indoor Environmental Quality, achieving the distinction of being the first commercial real estate portfolio in the U.S. to obtain the WELL Health-Safety Rating.

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Industry

REIT - Diversified

Sector

Real Estate

Exchange

NYSE

ADR

-

Country

US

Employees

667

IPO Date

Oct 02, 2013

Website

ESRT Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 25Dec 24Dec 22
Observatory, Segment$128.33M$136.38M$105.98M
Real Estate, Segment$714.76M$713.85M$686.07M

Fiscal year ends in Dec 24 | Currency in USD

ESRT Financial Summary


Dec 24Dec 23Dec 22
Revenue$767.92M$739.57M$727.04M
Operating Income$158.71M$146.71M$127.03M
Net Income$47.44M$53.24M$63.21M
EBITDA$124.33M$336.62M$343.92M
Basic EPS$0.29$0.50$0.38
Diluted EPS$0.18$0.30$0.23

Fiscal year ends in Dec 24 | Currency in USD

Latest Earnings Call Transcripts


Q1 26Apr 30, 26 | 12:00 PM
Q4 25Feb 18, 26 | 12:00 PM
Q3 25Oct 30, 25 | 12:00 PM

Peer Comparison


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CIMChimera Investment Corporation
ALXAlexander's, Inc.