Empire State Realty Trust, Inc. | REIT Profile

Symbol: ESRT
CIK: 1541401
Exchange: NYSE
Other Symbols: ESBA, FISK
Founded: 2011 (13 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 Yahoo Finance
See ESRT on SEC.gov

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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.


Empire State Realty Trust, Inc. Company Logo

Stock Chart

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REITMovers


REITMovers tracks the stock price and other indicators for all US REITs tracked by REITNotes during normal trading hours. This data is updated every 3 minutes during normal trading hours. Note: All prices have a 15 minute delay.


Latest Price High Low Open Close Previous Close Volume Change $ Change % Market Cap PE Ratio 52W High 52W Low Ytd Change
$9.45 $9.82 $9.41 $9.56 $9.20 $9.20 1,029,397 $0.25 2.66% $1,549,330,986 52.18 $10.28 $6.50 -2.06%

Last update: 2024-06-12 12:53:04 PST

REITRating™ Trend


REITRating™ is REITNotes' Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. See score breakdown. The graph below plots the overall REITRating™ score for the last trading days. See complete trend.

Overall REITRating Score: 7.1

Hightlights of Trading Day June 11, 2024


Open Price: $9.21
Closing Price: $9.2
Price Change: -0.08 (-0.862%)
Lowest Price: $9.16
Highest Price: $9.27
52-Week Low: $6.50
52-Week High: $10.28
52-Week Change: 34.35%
5 Day Price Change: -2.52%
1 Month Price Change: -3.13%
3 Month Price Change: -4.19%
6 Month Price Change: 0.18%
YTD Price Change: -3.89%
1 Year Price Change: 35.70%
2 Year Price Change: 30.57%
5 Year Price Change: -33.36%

Dividend of Trading Day June 11, 2024


Dividend Yield: 1.522%*
Annualized Dividend: $0.14*
Dividend Yield (TTM): 1.5%
Annualized Dividend (TTM): $0.1392
Ex-Dividend Date: 2024-03-14
Next Ex-Dividend: 2024-06-14
Dividend Frequency: Quarterly

*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.

Latest REIT Press Releases


See more Press Releases for Empire State Realty Trust, Inc.

Funds From Operations (FFO)



FFO Amount and Payout Ratio

Below are the FFO amounts, dividends, and payout ratios for the last two quarters for ESRT.

Year Quarter Type Amount Dividend Paid Payout Ratio
2024 Q1 FFO Core $--- $--- ---%
2024 Q1 FFO $--- $--- ---%
2023 Q4 FFO $--- $--- ---%
2023 Q4 FFO Core $--- $--- ---%

REITNotes uses the REIT's Funds From Operation (FFO) per diluted share informed in the REIT’s Quarterly Earning Reports and its announced dividend per diluted share. For some REITs, we also display the Adjusted Funds From Operations (AFFO), Core FFO, Normalized FFO (NFFO), Modified FFO (MFFO), Operating FFO as provided by the REIT. REITNotes™ calculates the payout ratio by dividing the dividend value paid during the current quarter by the FFO declared in the previous Quarter. E.g., we divide the dividend value paid in Q3 by the FFO reported in Q2. This is because although paid in Q3, the dividend value is usually declared during the previous quarter. FFO is a non-GAAP measure recognized by the SEC and provided by the REITs as a supplemental measure of their operating performance. FFO is not meant to be an indicator of the REIT’s capacity to pay current or future dividends nor to be a substitute to the REIT's cash flow from operations. It is recommended to check the REIT's website, Earning Reports and dividend announcements for the latest and updated information.


Funds From Operations (FFO)

Key Stats of Trading Day June 11, 2024


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Properties Owned by ESRT


ESRT Sample Property

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 2023-06-12 costing $986.19 @ $13.89 per share you would have been able to buy 35 shares of ESRT on 2023-06-12 costing $486.15 @ $13.89 per share you would have been able to buy 17 shares of ESRT on 2023-06-12 costing $236.13 @ $13.89 per share you would have been able to buy 7 shares of ESRT on 2023-06-12 costing $97.23 @ $13.89 per share you would have been able to buy 3 shares of ESRT on 2023-06-12 costing $41.67
Current worth On 2024-06-11 these 71 shares would be worth $653.20 @ $9.20 On 2024-06-11 these 35 shares would be worth $322.00 @ $9.20 On 2024-06-11 these 17 shares would be worth $156.40 @ $9.20 On 2024-06-11 these 7 shares would be worth $64.40 @ $9.20 On 2024-06-11 these 3 shares would be worth $27.60 @ $9.20
Dividends earned $9.94 in dividends would have been earned since 2023-06-12 with 71 shares. $5 in dividends would have been earned since 2023-06-12 with 35 shares. $2.38 in dividends would have been earned since 2023-06-12 with 17 shares. $0.98 in dividends would have been earned since 2023-06-12 with 7 shares. $0.42 in dividends would have been earned since 2023-06-12 with 35 shares.
Net (gain / loss)* -323.05 USD -159.25 USD -77.35 USD -31.85 USD -13.65 USD
ROI** -32.76% -32.76% -32.76% -32.76% -32.76%

*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


Symbol Ex Date Cash Amount Change in Dividend Declaration Date Record Date Payment Date
--- --- --- --- --- --- ---

Financial Statements Overview


The next Earnings Report for ESRT is 2024-07-24

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

REITRating™ Scorecard


Rating Dividend Section Avg. Rating
*Login Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. 7.5
*Login Dividend to FFO Core Payout Ratio Health: Analysis of the REIT’s Dividend to FFO Core Payout Ratios during the last four quarters. 8.7
*Login Dividend to FFO Core Payout Ratio Trend: Analysis of the REIT’s Dividend to FFO Core Payout Ratios trend during the last two years. 7.4
Rating AFFO & Efficiency Section Avg. Rating