ESRT
Empire State Realty Trust, Inc.
Price Chart
Latest Quote
$5.24
+0.10 (+1.95%)
Current Price
| Previous Close | $5.14 |
| Open | $5.16 |
| Day High | $5.33 |
| Day Low | $5.16 |
| Volume | 1,470,348 |
Stock Information
| Shares Outstanding | 171.46M |
| Total Debt | $2.35B |
| Cash Equivalents | $75.20M |
| Revenue | $776.71M |
| Net Income | $35.41M |
| Sector | Real Estate |
| Industry | REIT - Diversified |
| Market Cap | $1.60B |
| P/E Ratio | 24.95 |
| EPS (TTM) | $0.21 |
| Exchange | NYQ |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $3.94B |
| Sales | $776.71M |
| Income | $35.41M |
| Book/sh | $6.18 |
| Cash/sh | $0.44 |
| Employees | 642 |
Financial Ratios
| Quick Ratio | 1.51 |
| Current Ratio | 1.67 |
| Debt/Eq | 128.67 |
| EPS Growth TTM | -77.80% |
Returns & Margins
| ROA | 2.04% |
| ROE | 3.34% |
| Gross Margin | 52.49% |
| Operating Margin | 15.59% |
| Profit Margin | 5.10% |
Ownership
| Insider Ownership | 0.08% |
| Institutional Ownership | 103.55% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | 87.33 |
| PEG | 37.36 |
| P/S | 2.07 |
| P/B | 0.85 |
Analyst Data
| Recommendation | hold |
| Target Price | $6.35 |
Technical Indicators
| SMA20 | $5.47 |
| SMA50 | $5.47 |
| SMA200 | $6.30 |
| RSI | 36.88 |
| ATR | 0.2126 |
| Shares Float | 141.43M |
| Short Float | 8.02% |
| Short Ratio | 7.41 |
| Volatility | 1.36 |
| Rel Volume | 1.00 |
Performance History
| Week | -2.33% |
| Month | -3.05% |
| Quarter | +2.21% |
| 6 Months | -23.94% |
| YTD | -17.94% |
| Year | -37.82% |
| 3 Years | -20.61% |
| 5 Years | -54.82% |
| 10 Years | -66.54% |
Stock Score:
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-18 | $5.24 | 2,724,600 |
| 2026-06-17 | $5.14 | 1,903,900 |
| 2026-06-16 | $5.36 | 6,957,800 |
| 2026-06-15 | $5.30 | 1,136,200 |
| 2026-06-12 | $5.40 | 1,885,700 |
| 2026-06-11 | $5.37 | 5,242,800 |
| 2026-06-10 | $5.55 | 4,339,400 |
| 2026-06-09 | $5.66 | 7,203,100 |
| 2026-06-08 | $5.32 | 2,830,900 |
| 2026-06-05 | $5.24 | 3,896,400 |
| 2026-06-04 | $5.23 | 2,516,300 |
| 2026-06-03 | $5.35 | 1,702,100 |
| 2026-06-02 | $5.66 | 2,262,900 |
| 2026-06-01 | $5.69 | 1,684,300 |
| 2026-05-29 | $5.69 | 1,802,600 |
| 2026-05-28 | $5.69 | 1,015,000 |
| 2026-05-27 | $5.73 | 1,159,000 |
| 2026-05-26 | $5.54 | 1,405,700 |
| 2026-05-22 | $5.54 | 1,197,200 |
| 2026-05-21 | $5.60 | 1,810,500 |
| 2026-05-20 | $5.54 | 1,539,400 |
| 2026-05-19 | $5.40 | 1,537,200 |
About Empire State Realty Trust, Inc.
Empire State Realty Trust, Inc. is a NYC-focused REIT that owns and operates a portfolio of well-leased, modernized well-located offices 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 March 31, 2026, ESRT's portfolio is comprised of approximately 8.0 million rentable square feet of office space, 0.8 million rentable square feet of retail space and 743 residential units. Empire State Realty Trust, Inc. was established on July 29, 2011, and was incorporated in 2011 in Maryland and is based in New York.
đ° Latest News
How A Steady Valuation Narrative Shapes Empire State Realty Trust (ESRT) Today
Simply Wall St. âĸ 2026-06-09T11:06:57Z
New York City Pied-a-Terre Tax Gets Closer to Reality. Real Estate Stocks Shrug It Off.
Barrons.com âĸ 2026-05-07T18:14:00Z
How The Empire State Realty Trust (ESRT) Narrative Is Shifting Around The New US$7 Target
Simply Wall St. âĸ 2026-05-07T04:32:26Z
A Look At Empire State Realty Trust (ESRT) Valuation After Recent Share Price Volatility
Simply Wall St. âĸ 2026-05-03T10:07:31Z
Empire State Realty Trust Q1 Earnings Call Highlights
MarketBeat âĸ 2026-05-01T11:18:46Z
Empire State Realty Trust Inc (ESRT) Q1 2026 Earnings Call Highlights: Solid Performance Amid ...
GuruFocus.com âĸ 2026-05-01T07:17:58ZIs Empire State Realty Trust, Inc. (ESRT) A Good Stock To Buy Now?
Insider Monkey âĸ 2026-04-30T19:48:54Z
Empire State (ESRT) Q1 2026 Earnings Transcript
Motley Fool âĸ 2026-04-30T17:19:26Z
Empire State Realty Trust, Inc. Q1 2026 Earnings Call Summary
Moby âĸ 2026-04-30T12:30:00Z
How The Empire State Realty Trust (ESRT) Story Is Evolving After Lower Price Targets
Simply Wall St. âĸ 2026-04-07T22:13:28Z
Period:
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Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $365,017,000 | $354,161,000 | $339,016,000 | $321,354,000 |
| Cost Of Revenue | $365,017,000 | $354,161,000 | $339,016,000 | $321,354,000 |
| Total Revenue | $767,806,000 | $763,152,000 | $739,572,000 | $707,009,000 |
| Operating Revenue | $756,025,000 | $752,143,000 | $728,036,000 | $698,387,000 |
| Expenses | ||||
| Interest Expense | $103,780,000 | $109,710,000 | $101,484,000 | $101,206,000 |
| Total Expenses | $632,621,000 | $609,213,000 | $592,866,000 | $600,013,000 |
| Rent Expense Supplemental | $9,326,000 | $9,326,000 | $9,326,000 | $9,326,000 |
| Other Income Expense | $35,385,000 | $17,520,000 | $26,764,000 | $54,020,000 |
| Net Non Operating Interest Income Expense | $-95,032,000 | $-88,412,000 | $-86,348,000 | $-96,258,000 |
| Interest Expense Non Operating | $103,780,000 | $109,710,000 | $101,484,000 | $101,206,000 |
| Operating Expense | $267,604,000 | $255,052,000 | $253,850,000 | $278,659,000 |
| General And Administrative Expense | $72,842,000 | $70,234,000 | $63,939,000 | $61,765,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $47,601,000 | $51,642,000 | $53,245,000 | $40,643,000 |
| Net Interest Income | $-95,032,000 | $-88,412,000 | $-86,348,000 | $-96,258,000 |
| Interest Income | $8,748,000 | $21,298,000 | $15,136,000 | $4,948,000 |
| Normalized Income | $24,919,215 | $40,131,360 | $27,315,052 | $4,773,720 |
| Net Income From Continuing And Discontinued Operation | $47,601,000 | $51,642,000 | $53,245,000 | $40,643,000 |
| Total Operating Income As Reported | $135,649,000 | $158,710,000 | $146,706,000 | $127,028,000 |
| Average Dilution Earnings | $25,379,000 | $28,713,000 | $31,094,000 | $22,812,000 |
| Net Income Common Stockholders | $43,400,000 | $47,441,000 | $49,044,000 | $36,442,000 |
| Net Income | $47,601,000 | $51,642,000 | $53,245,000 | $40,643,000 |
| Net Income Including Noncontrolling Interests | $72,980,000 | $80,359,000 | $84,407,000 | $63,212,000 |
| Net Income Continuous Operations | $72,980,000 | $80,359,000 | $84,407,000 | $63,212,000 |
| Pretax Income | $75,538,000 | $83,047,000 | $87,122,000 | $64,758,000 |
| Special Income Charges | $367,000 | $4,218,000 | $0 | $20,032,000 |
| Interest Income Non Operating | $8,748,000 | $21,298,000 | $15,136,000 | $4,948,000 |
| Operating Income | $135,185,000 | $153,939,000 | $146,706,000 | $106,996,000 |
| Depreciation Amortization Depletion Income Statement | $194,762,000 | $184,818,000 | $189,911,000 | $216,894,000 |
| Depreciation And Amortization In Income Statement | $194,762,000 | $184,818,000 | $189,911,000 | $216,894,000 |
| Gross Profit | $402,789,000 | $408,991,000 | $400,556,000 | $385,655,000 |
| Per Share | ||||
| Diluted EPS | $0.25 | $0.28 | $0.30 | $0.22 |
| Basic EPS | $0.26 | $0.29 | $0.30 | $0.22 |
| Other | ||||
| Tax Effect Of Unusual Items | $12,703,215 | $6,009,360 | $834,052 | $18,150,720 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $338,695,000 | $360,055,000 | $351,753,000 | $328,838,000 |
| Total Unusual Items | $35,385,000 | $17,520,000 | $26,764,000 | $54,020,000 |
| Total Unusual Items Excluding Goodwill | $35,385,000 | $17,520,000 | $26,764,000 | $54,020,000 |
| Reconciled Depreciation | $194,762,000 | $184,818,000 | $189,911,000 | $216,894,000 |
| EBITDA (Bullshit earnings) | $374,080,000 | $377,575,000 | $378,517,000 | $382,858,000 |
| EBIT | $179,318,000 | $192,757,000 | $188,606,000 | $165,964,000 |
| Diluted Average Shares | $270,040,000 | $269,019,000 | $265,633,000 | $269,948,000 |
| Basic Average Shares | $168,539,000 | $164,902,000 | $161,122,000 | $165,039,000 |
| Diluted NI Availto Com Stockholders | $68,779,000 | $76,154,000 | $80,138,000 | $59,254,000 |
| Preferred Stock Dividends | $4,201,000 | $4,201,000 | $4,201,000 | $4,201,000 |
| Minority Interests | $-25,379,000 | $-28,717,000 | $-31,162,000 | $-22,569,000 |
| Tax Provision | $2,558,000 | $2,688,000 | $2,715,000 | $1,546,000 |
| Other Special Charges | $-367,000 | $-4,218,000 | - | $-20,032,000 |
| Gain On Sale Of Security | $35,018,000 | $13,302,000 | $26,764,000 | $33,988,000 |
| Selling General And Administration | $72,842,000 | $70,234,000 | $63,939,000 | $61,765,000 |
| Other Gand A | $72,842,000 | $70,234,000 | $63,939,000 | $61,765,000 |
| Otherunder Preferred Stock Dividend | - | - | $0 | $0 |
| Write Off | - | - | $0 | $0 |
| Rent And Landing Fees | - | - | - | - |
Fetched: 2026-06-18
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $262,944,000 | $225,807,000 | $172,798,000 | $133,823,000 |
| Total Assets | $4,468,961,000 | $4,510,287,000 | $4,219,333,000 | $4,163,594,000 |
| Total Non Current Assets | $4,025,117,000 | $3,631,385,000 | $3,516,913,000 | $3,549,088,000 |
| Other Non Current Assets | $93,355,000 | $101,852,000 | $98,167,000 | $98,114,000 |
| Non Current Deferred Assets | $267,682,000 | $183,987,000 | $172,457,000 | $187,570,000 |
| Goodwill And Other Intangible Assets | $797,058,000 | $804,889,000 | $812,720,000 | $820,552,000 |
| Other Intangible Assets | $305,579,000 | $313,410,000 | $321,241,000 | $329,073,000 |
| Current Assets | $443,844,000 | $878,902,000 | $702,420,000 | $614,506,000 |
| Restricted Cash | $33,854,000 | $43,837,000 | $60,336,000 | $50,244,000 |
| Receivables | $277,333,000 | $449,600,000 | $295,464,000 | $264,290,000 |
| Other Receivables | $255,270,000 | $418,173,000 | $255,628,000 | $240,188,000 |
| Accounts Receivable | $22,063,000 | $31,427,000 | $39,836,000 | $24,102,000 |
| Gross Accounts Receivable | $22,063,000 | $31,427,000 | $39,836,000 | $24,102,000 |
| Cash Cash Equivalents And Short Term Investments | $132,657,000 | $385,465,000 | $346,620,000 | $264,434,000 |
| Cash And Cash Equivalents | $132,657,000 | $385,465,000 | $346,620,000 | $264,434,000 |
| Assets Held For Sale Current | - | - | $0 | $35,538,000 |
| Other Current Assets | - | - | - | $98,114,000 |
| Prepaid Assets | - | - | - | - |
| Debt | ||||
| Net Debt | $2,239,074,000 | $2,070,170,000 | $1,893,926,000 | $1,981,703,000 |
| Total Debt | $2,399,675,000 | $2,483,832,000 | $2,268,985,000 | $2,274,807,000 |
| Long Term Debt And Capital Lease Obligation | $1,917,881,000 | $1,917,434,000 | $1,879,699,000 | $1,886,034,000 |
| Long Term Debt | $1,889,937,000 | $1,889,237,000 | $1,851,260,000 | $1,857,364,000 |
| Current Debt And Capital Lease Obligation | $481,794,000 | $566,398,000 | $389,286,000 | $388,773,000 |
| Current Debt | $481,794,000 | $566,398,000 | $389,286,000 | $388,773,000 |
| Other Current Borrowings | - | $177,667,000 | - | - |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $2,646,769,000 | $2,728,325,000 | $2,488,288,000 | $2,480,503,000 |
| Total Non Current Liabilities Net Minority Interest | $1,984,955,000 | $1,961,839,000 | $1,929,033,000 | $1,928,967,000 |
| Other Non Current Liabilities | $67,043,000 | $44,405,000 | $49,249,000 | $42,933,000 |
| Derivative Product Liabilities | $31,000 | $0 | $85,000 | $0 |
| Current Liabilities | $661,814,000 | $766,486,000 | $559,255,000 | $551,536,000 |
| Current Deferred Liabilities | $59,901,000 | $62,639,000 | $70,298,000 | $76,091,000 |
| Payables And Accrued Expenses | $120,119,000 | $137,449,000 | $99,671,000 | $80,729,000 |
| Interest Payable | $4,176,000 | $9,135,000 | $3,687,000 | $3,509,000 |
| Payables | $64,491,000 | $54,779,000 | $44,169,000 | $32,927,000 |
| Accounts Payable | $64,491,000 | $54,779,000 | $44,169,000 | $32,927,000 |
| Other Current Liabilities | - | - | - | $5,943,000 |
| Equity | ||||
| Common Stock Equity | $1,060,002,000 | $1,030,696,000 | $985,518,000 | $954,375,000 |
| Total Equity Gross Minority Interest | $1,822,192,000 | $1,781,962,000 | $1,731,045,000 | $1,683,091,000 |
| Stockholders Equity | $1,060,002,000 | $1,030,696,000 | $985,518,000 | $954,375,000 |
| Gains Losses Not Affecting Retained Earnings | $6,501,000 | $9,934,000 | $6,026,000 | $7,048,000 |
| Retained Earnings | $-39,648,000 | $-58,888,000 | $-83,108,000 | $-109,468,000 |
| Other | ||||
| Ordinary Shares Number | $170,495,000 | $167,383,048 | $163,046,264 | $161,129,000 |
| Share Issued | $170,495,000 | $167,383,048 | $163,046,264 | $161,129,000 |
| Tangible Book Value | $262,944,000 | $225,807,000 | $172,798,000 | $133,823,000 |
| Invested Capital | $3,431,733,000 | $3,486,331,000 | $3,226,064,000 | $3,200,512,000 |
| Working Capital | $-217,970,000 | $112,416,000 | $143,165,000 | $62,970,000 |
| Capital Lease Obligations | $27,944,000 | $28,197,000 | $28,439,000 | $28,670,000 |
| Total Capitalization | $2,949,939,000 | $2,919,933,000 | $2,836,778,000 | $2,811,739,000 |
| Minority Interest | $762,190,000 | $751,266,000 | $745,527,000 | $728,716,000 |
| Additional Paid In Capital | $1,091,444,000 | $1,077,976,000 | $1,060,969,000 | $1,055,184,000 |
| Capital Stock | $1,705,000 | $1,674,000 | $1,631,000 | $1,611,000 |
| Common Stock | $1,705,000 | $1,674,000 | $1,631,000 | $1,611,000 |
| Preferred Stock | $0 | $0 | $0 | $0 |
| Long Term Capital Lease Obligation | $27,944,000 | $28,197,000 | $28,439,000 | $28,670,000 |
| Current Deferred Revenue | $59,901,000 | $62,639,000 | $70,298,000 | $76,091,000 |
| Line Of Credit | $481,794,000 | $388,731,000 | $389,286,000 | $388,773,000 |
| Current Accrued Expenses | $55,628,000 | $82,670,000 | $55,502,000 | $47,802,000 |
| Investment Properties | $2,839,078,000 | $2,512,460,000 | $2,405,130,000 | $2,414,182,000 |
| Goodwill | $491,479,000 | $491,479,000 | $491,479,000 | $491,479,000 |
| Net PPE | $27,944,000 | $28,197,000 | $28,439,000 | $28,670,000 |
| Gross PPE | $27,944,000 | $28,197,000 | $28,439,000 | $28,670,000 |
| Other Properties | $27,944,000 | $28,197,000 | $28,439,000 | $28,670,000 |
| Dueto Related Parties Current | - | - | - | $0 |
Fetched: 2026-06-18
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $249,052,000 | $260,892,000 | $232,491,000 | $211,173,000 |
| Operating Activities | ||||
| Operating Cash Flow | $249,052,000 | $260,892,000 | $232,491,000 | $211,173,000 |
| Cash Flow From Continuing Operating Activities | $249,052,000 | $260,892,000 | $232,491,000 | $211,173,000 |
| Operating Gains Losses | $-34,921,000 | $-12,749,000 | $-26,764,000 | $-33,988,000 |
| Investing Activities | ||||
| Investing Cash Flow | $-550,012,000 | $-397,122,000 | $-77,340,000 | $-230,891,000 |
| Cash Flow From Continuing Investing Activities | $-550,012,000 | $-397,122,000 | $-77,340,000 | $-230,891,000 |
| Net Other Investing Changes | - | $-16,910,000 | - | - |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $-8,122,000 | $0 | $-13,105,000 | $-90,176,000 |
| Financing Cash Flow | $38,169,000 | $158,576,000 | $-62,873,000 | $-140,242,000 |
| Cash Flow From Continuing Financing Activities | $38,169,000 | $158,576,000 | $-62,873,000 | $-140,242,000 |
| Net Other Financing Charges | $-20,518,000 | $-27,138,000 | $-14,251,000 | $-15,252,000 |
| Cash Dividends Paid | $-27,927,000 | $-27,422,000 | $-26,885,000 | $-27,310,000 |
| Preferred Stock Dividend Paid | $-4,201,000 | $-4,201,000 | $-4,201,000 | $-4,201,000 |
| Common Stock Dividend Paid | $-23,726,000 | $-23,221,000 | $-22,684,000 | $-23,109,000 |
| Net Common Stock Issuance | $-8,122,000 | $0 | $-13,105,000 | $-90,176,000 |
| Other | ||||
| Repayment Of Debt | $-520,264,000 | $-226,864,000 | $-8,632,000 | $-7,504,000 |
| Issuance Of Debt | $615,000,000 | $440,000,000 | $0 | $0 |
| Interest Paid Supplemental Data | $93,371,000 | $94,670,000 | $92,000,000 | $91,012,000 |
| Income Tax Paid Supplemental Data | $3,532,000 | $1,898,000 | $1,390,000 | $200,000 |
| End Cash Position | $166,511,000 | $429,302,000 | $406,956,000 | $314,678,000 |
| Beginning Cash Position | $429,302,000 | $406,956,000 | $314,678,000 | $474,638,000 |
| Changes In Cash | $-262,791,000 | $22,346,000 | $92,278,000 | $-159,960,000 |
| Common Stock Payments | $-8,122,000 | $0 | $-13,105,000 | $-90,176,000 |
| Net Issuance Payments Of Debt | $94,736,000 | $213,136,000 | $-8,632,000 | $-7,504,000 |
| Net Long Term Debt Issuance | $94,736,000 | $213,136,000 | $-8,632,000 | $-7,504,000 |
| Long Term Debt Payments | $-520,264,000 | $-226,864,000 | $-8,632,000 | $-7,504,000 |
| Long Term Debt Issuance | $615,000,000 | $440,000,000 | $0 | $0 |
| Net Investment Properties Purchase And Sale | $-550,012,000 | $-365,986,000 | $-77,340,000 | $-230,891,000 |
| Sale Of Investment Properties | $60,517,000 | $0 | $88,910,000 | $11,005,000 |
| Purchase Of Investment Properties | $-610,529,000 | $-365,986,000 | $-166,250,000 | $-241,896,000 |
| Net Business Purchase And Sale | $0 | $-14,226,000 | $0 | $0 |
| Purchase Of Business | $0 | $-14,226,000 | $0 | $0 |
| Change In Working Capital | $-4,279,000 | $-16,234,000 | $-30,031,000 | $-44,265,000 |
| Change In Other Working Capital | $-25,686,000 | $-22,179,000 | $-20,434,000 | $-40,573,000 |
| Change In Other Current Liabilities | $2,590,000 | $-8,762,000 | $10,486,000 | $-828,000 |
| Change In Payables And Accrued Expense | $9,396,000 | $13,592,000 | $746,000 | $4,705,000 |
| Change In Prepaid Assets | $149,000 | $-5,770,000 | $-5,186,000 | $-2,263,000 |
| Change In Receivables | $9,272,000 | $6,885,000 | $-15,643,000 | $-5,306,000 |
| Other Non Cash Items | $-4,661,000 | $3,002,000 | $-5,058,000 | $-11,691,000 |
| Stock Based Compensation | $25,171,000 | $21,696,000 | $20,026,000 | $21,011,000 |
| Depreciation Amortization Depletion | $194,762,000 | $184,818,000 | $189,911,000 | $216,894,000 |
| Depreciation And Amortization | $194,762,000 | $184,818,000 | $189,911,000 | $216,894,000 |
| Gain Loss On Sale Of PPE | $-35,018,000 | $-13,302,000 | $-26,764,000 | $-33,988,000 |
| Net Income From Continuing Operations | $72,980,000 | $80,359,000 | $84,407,000 | $63,212,000 |
| Change In Payable | - | $13,592,000 | $746,000 | $4,705,000 |
| Change In Account Payable | - | $13,592,000 | $746,000 | $4,705,000 |
| Asset Impairment Charge | - | - | $0 | $0 |
| Net Short Term Debt Issuance | - | - | - | - |
| Short Term Debt Payments | - | - | - | - |
| Short Term Debt Issuance | - | - | - | - |
| Net Investment Purchase And Sale | - | - | - | - |
| Amortization Cash Flow | - | - | - | - |
| Amortization Of Intangibles | - | - | - | - |
| Depreciation | - | - | - | - |
Fetched: 2026-06-18