Empire State Realty Trust, Inc. (ESRT): Price and Financial Metrics


Empire State Realty Trust, Inc. (ESRT)

Today's Latest Price: $9.17 USD

0.09 (0.99%)

Updated Jan 25 4:00pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 58 in REITs - Diversified

See all "A" rated Strong Buy stocks

ESRT Stock Summary

  • With a price/earnings ratio of 5,257.26, Empire State Realty Trust Inc P/E ratio is greater than that of about 99.71% of stocks in our set with positive earnings.
  • Of note is the ratio of Empire State Realty Trust Inc's sales and general administrative expense to its total operating expenses; merely 13.05% of US stocks have a lower such ratio.
  • For ESRT, its debt to operating expenses ratio is greater than that reported by 87.87% of US equities we're observing.
  • Stocks that are quantitatively similar to ESRT, based on their financial statements, market capitalization, and price volatility, are CAAS, JVA, SBSW, LNTH, and MSTR.
  • ESRT's SEC filings can be seen here. And to visit Empire State Realty Trust Inc's official web site, go to www.empirestaterealtytrust.com.

ESRT Stock Price Chart Interactive Chart >

Price chart for ESRT

ESRT Price/Volume Stats

Current price $9.17 52-week high $14.03
Prev. close $9.08 52-week low $5.19
Day low $8.93 Volume 1,623,902
Day high $9.41 Avg. volume 1,705,350
50-day MA $9.24 Dividend yield N/A
200-day MA $7.47 Market Cap 1.58B

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.

ESRT Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$9.17$0.35 -96%

Below please find a table outlining a discounted cash flow forecast for ESRT, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Empire State Realty Trust Inc ranked in the 7th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. In terms of the factors that were most noteworthy in this DCF analysis for ESRT, they are:

  • The company's compound free cash flow growth rate over the past 5.51 years comes in at -0.05%; that's greater than merely 18.03% of US stocks we're applying DCF forecasting to.
  • As a business, Empire State Realty Trust Inc experienced a tax rate of about 0% over the past twelve months; relative to its sector (Real Estate), this tax rate is higher than merely 0% of stocks generating free cash flow.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%-96%
1%-96%
2%-96%
3%-96%
4%-96%
5%-96%

AXR, CDR, ESBA, UDR, and ESS can be thought of as valuation peers to ESRT, in the sense that they are in the Real Estate sector and have a similar price forecast based on DCF valuation.


ESRT Latest News Stream


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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 2020 Tax Treatment of Its Distributions

Empire State Realty Trust, Inc. (NYSE: ESRT) (the "Company"), a leading real estate investment trust with office and retail properties in Manhattan and the greater New York metropolitan area, today announced the 2020 tax treatment of the Company’s Class A common stock distributions, as described below. The following table summarizes, for income tax purposes, the nature of the cash distributions paid by the Company to its stockholders during the year ended December 31, 2020 and the appropriate Form 1099-DIV box number. The Company paid a dividend in the first and second quarters of 2020 and suspended the dividend for the third and fourth quarters of 2020. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of the Company’s distributi...

Yahoo | January 22, 2021

Empire State Realty Trust inks two new leases

Empire State Realty Trust (ESRT) signed two new leases at One Grand Central Place on which EVP, real estate Thomas P. Durels stated, "There is no better way to start the year at OGCP than with a great, new lease and the significant growth of an existing tenant."ESRT's portfolio is the first in U.S. to...

Seeking Alpha | January 21, 2021

Empire State Realty Trust Signs New Leases for a Total of 49,999 Square Feet at One Grand Central Place

NEW YORK , Jan. 21, 2021 /PRNewswire/ -- Empire State Realty Trust, Inc. (NYSE: ESRT ) announced today it has signed two new leases at One Grand Central Place. Belkin Burden Goldman , LLP, a real estate-focused law firm, signed a new lease for 30,598 square feet at One Grand Central Place. Jeffrey Peck , Daniel Horowitz , and Jacob Stern from Savills represented Belkin Burden Goldman , LLP in the lease negotiations. Dime Community Bank, a local New York City -based bank that has been in business for more than 150 years, signed a new lease for 19,401 square feet. Previously Dime Community Bank occupied a 3,643 square foot space at the property. Charlie Terrasi from Laterra Real Estate represented Dime Community Bank in the lease negotiations. "There is no better way to start the year at ...

Benzinga | January 21, 2021

Empire State Realty Trust Announces Dates for Fourth Quarter 2020 Earnings Release and Conference Call

Empire State Realty Trust, Inc. (NYSE:ESRT) (the "Company"), a leading real estate investment trust with office and retail properties in Manhattan and the greater New York metropolitan area, today announced that it will release its fourth quarter 2020 financial results on Wednesday, February 17, 2021 after close of markets on the New York Stock Exchange. A conference call will be held on Thursday, February 18, 2021 at 1:00 p.m. Eastern Time.

Yahoo | January 21, 2021

Empire State Realty Trust Renews Ernest Klein & Co. Gourmet Foods at 77 West 55th Street

NEW YORK , Jan. 14, 2021 /PRNewswire/ -- Empire State Realty Trust, Inc. (NYSE: ESRT ) announced today that Ernest Klein & Co. Gourmet Foods, an international neighborhood supermarket, renewed its lease at 77 West 55 th Street for 6,927 square feet. "ESRT is pleased to continue our relationship with Ernest Klein , a popular grocer who has served the local neighborhood for more than 20 years," said Fred C. Posniak , Senior Vice President, Leasing. Landlord representation was provided by Fred C. Posniak of Empire State Realty Trust. About Empire State Realty Trust Empire State Realty Trust, Inc. (NYSE: ESRT ) owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the greater New York metropolitan area, including the Empire State … Full story availa...

Benzinga | January 14, 2021

Read More 'ESRT' Stories Here

ESRT Price Returns

1-mo N/A
3-mo 58.65%
6-mo 37.48%
1-year -33.25%
3-year -48.92%
5-year -38.20%
YTD -1.61%
2020 -31.48%
2019 0.90%
2018 -28.91%
2017 3.77%
2016 14.08%

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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