Empire State Realty Trust, Inc. | REIT Profile
Symbol: ESRT
CIK: 1541401
Exchange: NYSE
Founded: 2011 (10 years)
HQ: New York, NY, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Small-Cap
REIT Sector: Office
See ESRT on Google Finance
See ESRT on Yahoo Finance
See ESRT on SEC.gov
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See score breakdown | See trend
REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. Learn More
Stock Chart
See in Advanced Graph ViewHightlights of Trading Day April 20, 2021
Dividend of Trading Day April 20, 2021 [Dividends Currently Suspended]
Latest News Headlines
- Tue, 20 Apr 2021 20:31:00 +0000 (UTC) - Empire State Realty Trust - Empire State Realty Trust Welcomes Zentalis Pharmaceuticals to 1359 Broadway
- Mon, 19 Apr 2021 20:30:50 +0000 (UTC) - Empire State Realty Trust - Empire State Realty Trust Expands Burlington Stores at 1400 Broadway
- Wed, 14 Apr 2021 15:01:17 +0000 (UTC) - Empire State Realty Trust - Empire State Realty Trust Releases Inaugural Sustainability Report: Major Achievements, Net Zero Goals, Healthy Buildings, Indoor Environmental Quality, and DE&I Metrics
- Wed, 31 Mar 2021 20:15:31 +0000 (UTC) - Empire State Realty Trust - Empire State Realty Trust Announces New $850 Million Unsecured Revolving Credit Facility
- Wed, 17 Feb 2021 21:16:45 +0000 (UTC) - Empire State Realty Trust - Empire State Realty Trust Announces Fourth Quarter 2020 Results
Funds From Operations (FFO)
Key Stats of Trading Day April 20, 2021
Latest REIT Community Comments on #ESRT
- Congrats #ESRT! President Biden is proud of you! - LetsDoThis - 2021-02-03 22:29:05 - See full comment
- Too bad #ESRT will continue with suspended dividends into at least half of next year! - TimHl - 2020-12-14 09:56:45 - See full comment
- #ESRT good to see Empires State Realty which is Office REIT in NY is being able to hold a consistent dividend payment of $0.105 for this Q2 2020. - BlueBlue - 2020-06-09 09:18:24 - See full comment
Properties Owned by ESRT
Properties Based on REIT's Official Presentation
| Properties | Types | States | Countries |
|---|---|---|---|
| 20 | 2 | 1 | 1 |
Please visit REIT’s official webpage for the most up-to-date property list.
Sample of REIT’s Properties. Image Source - REIT’s website
Occupancy Rate
REIT Simulation
Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.
| With $1,000 USD | With $500 USD | With $250 USD | With $100 USD | With $50 USD | |
|---|---|---|---|---|---|
| Initial investment | @ $13.89 per share you would have been able to buy 71 shares of ESRT on 2020-04-21 costing $986.19 | @ $13.89 per share you would have been able to buy 35 shares of ESRT on 2020-04-21 costing $486.15 | @ $13.89 per share you would have been able to buy 17 shares of ESRT on 2020-04-21 costing $236.13 | @ $13.89 per share you would have been able to buy 7 shares of ESRT on 2020-04-21 costing $97.23 | @ $13.89 per share you would have been able to buy 3 shares of ESRT on 2020-04-21 costing $41.67 |
| Current worth | On 2021-04-20 these 71 shares would be worth $785.26 @ $11.06 | On 2021-04-20 these 35 shares would be worth $387.10 @ $11.06 | On 2021-04-20 these 17 shares would be worth $188.02 @ $11.06 | On 2021-04-20 these 7 shares would be worth $77.42 @ $11.06 | On 2021-04-20 these 3 shares would be worth $33.18 @ $11.06 |
| Dividends earned | $0.00 in dividends would have been earned since 2020-04-21 with 71 shares. | $0 in dividends would have been earned since 2020-04-21 with 35 shares. | $0.00 in dividends would have been earned since 2020-04-21 with 17 shares. | $0.00 in dividends would have been earned since 2020-04-21 with 7 shares. | $0.00 in dividends would have been earned since 2020-04-21 with 35 shares. |
| Net (gain / loss)* | -200.93 USD | -99.05 USD | -48.11 USD | -19.81 USD | -8.49 USD |
| ROI** | -20.37% | -20.37% | -20.37% | -20.37% | -20.37% |
*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.
Dividend History [Dividends Currently Suspended]
Financial Statements Overview
Balance Sheet | Quarterly
See Annual Balance Sheet | See Quarterly Balance Sheet
Income Statement | Quarterly
See Annual Income Statement | See Quarterly Income Statement
Cash Flow | Quarterly
See Annual Cash Flow | See Quarterly Cash Flow
About Empire State Realty Trust, Inc.
Empire State Realty Trust, Inc. (NYSE: ESRT), a leading real estate investment trust (REIT), 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 world's most famous building. Headquartered in New York, New York, the Company's office and retail portfolio covers 10.1 million rentable square feet, as of March 31, 2017, consisting of 9.4 million rentable square feet in 14 office properties, including nine in Manhattan, three in Fairfield County, Connecticut, and two in Westchester County, New York; and approximately 708,000 rentable square feet in the retail portfolio.
REITRating™ Scorecard
| Rating | Dividend Section | Avg. Rating |
|---|---|---|
| 1 | Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. | 4.2 |
| 0 | Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. | 6.2 |
| Rating | AFFO & Efficiency Section | Avg. Rating |
| 8 | Operating Expense Efficiency: Analysis of the REIT's Operating Expenses to its Revenues. | 8.7 |
| 10 | Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue. | 9.2 |
| Rating | Leverage Section | Avg. Rating |
| 9 | Interest Coverage Health: Analysis of the REIT’s Interest Coverage health during the last four quarter. | 7.2 |
| 10 | Interest Coverage Health Trend: Analysis of the REIT’s Interest Coverage health trend during the last two years. | 8.4 |
| 9 | Total Debt Interest Rate Competitiveness: Analysis of the REIT’s Interest Rate to Total Debt competitiveness compared to REIT market. | 7.8 |
| 7 | Total Debt Interest Rate Trend: Analysis of the REIT’s Interest Rate to Total Debt trend during the last two years. | 8.6 |
| 4 | Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. | 4.9 |
| 5 | Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. | 6.6 |
| Rating | Asset & Revenue Section | Avg. Rating |
| 2 | Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. | 4.8 |
| 9 | Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. | 6.7 |
| Rating | Properties Section | Avg. Rating |
| 7 | Occupancy Health Level: Analysis of the REIT’s occupancy health level during the last four quarters. | 7.3 |
| 4 | Occupancy Trend: Analysis of the REIT’s occupancy trend over the last two years. | 6.6 |
| 6 | Portfolio of Properties: Analysis of the REIT's property's strength, size, and geographic distribution. | 8.2 |
| 9 | Tenants: Analysis of the REIT's tenant diversification, operation type, and exposure to risk. | 8.0 |
| Rating | Market Cap Section | Avg. Rating |
| 4 | Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. | 6.0 |
| 5.7 | Overall REITRating™ Score (See trend) | 6.2 |
REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.
Related REITs
| REIT | REITRating™ Score | Exchange | Market Capitalization | Sector | Country |
|---|---|---|---|---|---|
| Highwoods Properties, Inc. (HIW) | 8.1 | NYSE | Mid-Cap | Office Industrial Retail | United States |
| Boston Properties (BXP) | 8.1 | NYSE | Large-Cap | Office Residential Hotel Retail Diversified | United States |
| SL Green Realty Corp (SLG) | 7.6 | NYSE | Mid-Cap | Office | United States |
| Mack-Cali Realty Corp (CLI) | 6.3 | NYSE | Small-Cap | Office Residential Retail Hotel | United States |
| Lexington Realty Trust, Inc. (LXP) | 7.9 | NYSE | Mid-Cap | Diversified Office Industrial Retail | United States |
| Cousins Properties (CUZ) | 9.1 | NYSE | Mid-Cap | Office | United States |
Last updated: 2021-04-21 - v1.5