Empire State Realty Trust, Inc. (ESRT): Price and Financial Metrics
ESRT Price/Volume Stats
| Current price | $10.07 | 52-week high | $10.32 |
| Prev. close | $10.09 | 52-week low | $5.39 |
| Day low | $9.82 | Volume | 766,800 |
| Day high | $10.13 | Avg. volume | 1,213,751 |
| 50-day MA | $9.78 | Dividend yield | 1.39% |
| 200-day MA | $8.30 | Market Cap | 1.64B |
ESRT Stock Price Chart Interactive Chart >
ESRT POWR Grades
- ESRT scores best on the Growth dimension, with a Growth rank ahead of 88.34% of US stocks.
- The strongest trend for ESRT is in Stability, which has been heading up over the past 26 weeks.
- ESRT's current lowest rank is in the Sentiment metric (where it is better than 16.11% of US stocks).
ESRT Stock Summary
- Of note is the ratio of EMPIRE STATE REALTY TRUST INC's sales and general administrative expense to its total operating expenses; only 10.97% of US stocks have a lower such ratio.
- The ratio of debt to operating expenses for EMPIRE STATE REALTY TRUST INC is higher than it is for about 90.67% of US stocks.
- ESRT's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of 75.87% of US stocks.
- Stocks that are quantitatively similar to ESRT, based on their financial statements, market capitalization, and price volatility, are NSA, AAT, RPRX, IRWD, and PINE.
- Visit ESRT's SEC page to see the company's official filings. To visit the company's web site, go to www.empirestaterealtytrust.com.
ESRT Valuation Summary
- ESRT's price/sales ratio is 2.2; this is 54.17% lower than that of the median Real Estate stock.
- Over the past 125 months, ESRT's price/earnings ratio has gone NA NA.
Below are key valuation metrics over time for ESRT.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| ESRT | 2023-12-29 | 2.2 | 1.6 | 30.0 | 21.1 |
| ESRT | 2023-12-28 | 2.2 | 1.6 | 30.6 | 21.3 |
| ESRT | 2023-12-27 | 2.2 | 1.6 | 30.5 | 21.3 |
| ESRT | 2023-12-26 | 2.2 | 1.6 | 30.6 | 21.3 |
| ESRT | 2023-12-22 | 2.1 | 1.6 | 29.8 | 21.1 |
| ESRT | 2023-12-21 | 2.2 | 1.6 | 30.2 | 21.2 |
ESRT Growth Metrics
- Its 2 year cash and equivalents growth rate is now at -53.85%.
- Its 5 year revenue growth rate is now at 7.06%.
- Its 4 year price growth rate is now at -63.23%.
The table below shows ESRT's growth in key financial areas (numbers in millions of US dollars).
| Date | Revenue | Operating Cash Flow | Net Income to Common Stock |
|---|---|---|---|
| 2022-09-30 | 706.102 | 219.444 | 20.659 |
| 2022-06-30 | 687.438 | 212.435 | 8.125 |
| 2022-03-31 | 642.824 | 206.779 | -19.379 |
| 2021-12-31 | 624.094 | 212.486 | -10.711 |
| 2021-09-30 | 615.159 | 185.767 | -7.733 |
| 2021-06-30 | 596.686 | 191.599 | -8.96 |
ESRT's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- ESRT has a Quality Grade of D, ranking ahead of 23.26% of graded US stocks.
- ESRT's asset turnover comes in at 0.145 -- ranking 126th of 444 Trading stocks.
- ESBA, CBLAQ, and DRH are the stocks whose asset turnover ratios are most correlated with ESRT.
The table below shows ESRT's key quality metrics over time.
| Period | Asset Turnover | Gross Margin | ROIC |
|---|---|---|---|
| 2021-06-30 | 0.145 | 0.530 | 0.016 |
| 2021-03-31 | 0.139 | 0.523 | 0.012 |
| 2020-12-31 | 0.140 | 0.522 | 0.013 |
| 2020-09-30 | 0.152 | 0.533 | 0.017 |
| 2020-06-30 | 0.164 | 0.541 | 0.021 |
| 2020-03-31 | 0.176 | 0.545 | 0.026 |
Empire State Realty Trust, Inc. (ESRT) Company Bio
Empire State Realty Trust owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the greater New York metropolitan area, including the Empire State Building. The company was founded in 2010 and is based in New York, New York.
Latest ESRT News From Around the Web
Below are the latest news stories about EMPIRE STATE REALTY TRUST INC that investors may wish to consider to help them evaluate ESRT as an investment opportunity.
Empire State Realty Trust Announces Stock Repurchase AuthorizationNEW YORK, December 22, 2023--Empire State Realty Trust, Inc. (NYSE: ESRT) (the "Company"), today announced that its Board of Directors has authorized the repurchase of up to $500 million of the Company’s Class A common stock and Empire State Realty OP, L.P.’s Series ES, Series 250 and Series 60 operating partnership units (NYSE Arca: ESBA, FISK and OGCP, respectively) for the period from January 1, 2024 through December 31, 2025. This will replace the existing $500 million repurchase authorizati |
iHeartMedia and Empire State Building To Host "iHeartRadio Holiday Pop Up Party with Jimmy Fallon Presented by State Farm®" with Special Music-to-Light ShowNEW YORK, December 14, 2023--iHeartMedia and the Empire State Building today announced the "iHeartRadio Holiday Pop Up Party with Jimmy Fallon presented by State Farm" to bring holiday cheer to the neighborhood and celebrate Fallon’s new song "Wrap Me Up" with Meghan Trainor. From New York City’s landmark tower, the Empire State Building – named the #1 attraction in the U.S. by Tripadvisor travelers for two consecutive years– the event hosted by Elvis Duran will broadcast across iHeartRadio stat |
November’s Surprising Sector WinnerReal estate investment trusts (REITs), which have been beaten down by surging interest rates and economic uncertainty, are now showing signs of strength. |
Empire State Realty Trust declares $0.035 dividendMore on Empire State Realty OP, L.P., Empire State Realty Trust, etc. |
Empire State Realty Trust Announces Dividend for Fourth Quarter 2023NEW YORK, December 08, 2023--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 of 2023, payable to holders of the Company’s Class A common stock and Class B common stock and to holders of Empire State Realty OP, L.P.’s ("ESRO") Series ES, Series 250 and Series 60 operating partnership units (NYSE Arca: ESBA, FISK and OGCP, respectively) and Series PR operating partnership un |
ESRT Price Returns
| 1-mo | 0.10% |
| 3-mo | 16.30% |
| 6-mo | 22.70% |
| 1-year | 30.56% |
| 3-year | 6.69% |
| 5-year | -28.27% |
| YTD | 3.92% |
| 2023 | 46.32% |
| 2022 | -22.82% |
| 2021 | -3.53% |
| 2020 | -31.48% |
| 2019 | 0.90% |
ESRT Dividends
| Ex-Dividend Date | Type | Payout Amount | Change | ||||||
|---|---|---|---|---|---|---|---|---|---|
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Continue Researching ESRT
Want to see what other sources are saying about Empire State Realty Trust Inc's financials and stock price? Try the links below:Empire State Realty Trust Inc (ESRT) Stock Price | Nasdaq
Empire State Realty Trust Inc (ESRT) Stock Quote, History and News - Yahoo Finance
Empire State Realty Trust Inc (ESRT) Stock Price and Basic Information | MarketWatch
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