Empire State Realty Trust (NYSE:ESRT) Updates FY 2026 Earnings Guidance

Empire State Realty Trust (NYSE:ESRT) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 0.850-0.890 for the period, compared to the consensus earnings per share estimate of 0.060. The company issued revenue guidance of -.

Empire State Realty Trust Stock Performance

Shares of ESRT stock opened at $6.43 on Wednesday. The company has a fifty day moving average price of $6.57 and a two-hundred day moving average price of $7.11. Empire State Realty Trust has a one year low of $6.07 and a one year high of $9.29. The stock has a market cap of $1.09 billion, a P/E ratio of 30.60 and a beta of 1.36. The company has a debt-to-equity ratio of 1.14, a current ratio of 4.33 and a quick ratio of 4.33.

Empire State Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th were paid a $0.035 dividend. The ex-dividend date was Monday, December 15th. This represents a $0.14 annualized dividend and a yield of 2.2%. Empire State Realty Trust’s dividend payout ratio is currently 66.67%.

Analysts Set New Price Targets

ESRT has been the subject of several research analyst reports. Weiss Ratings reiterated a “hold (c-)” rating on shares of Empire State Realty Trust in a research note on Monday, December 29th. Wells Fargo & Company decreased their price objective on shares of Empire State Realty Trust from $8.30 to $6.80 and set an “underweight” rating on the stock in a report on Tuesday, November 25th. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Empire State Realty Trust has an average rating of “Hold” and an average target price of $8.40.

Institutional Trading of Empire State Realty Trust

Hedge funds and other institutional investors have recently bought and sold shares of the business. M&T Bank Corp boosted its holdings in Empire State Realty Trust by 11.7% during the second quarter. M&T Bank Corp now owns 12,961 shares of the real estate investment trust’s stock worth $105,000 after purchasing an additional 1,360 shares during the last quarter. The Manufacturers Life Insurance Company grew its position in shares of Empire State Realty Trust by 2.0% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 70,992 shares of the real estate investment trust’s stock valued at $574,000 after acquiring an additional 1,418 shares during the period. Amundi lifted its stake in Empire State Realty Trust by 2.0% in the first quarter. Amundi now owns 78,614 shares of the real estate investment trust’s stock valued at $585,000 after purchasing an additional 1,562 shares during the last quarter. Van ECK Associates Corp grew its holdings in Empire State Realty Trust by 4.4% during the third quarter. Van ECK Associates Corp now owns 40,169 shares of the real estate investment trust’s stock valued at $308,000 after purchasing an additional 1,707 shares during the period. Finally, Cerity Partners LLC grew its holdings in Empire State Realty Trust by 3.0% during the second quarter. Cerity Partners LLC now owns 64,449 shares of the real estate investment trust’s stock valued at $521,000 after purchasing an additional 1,896 shares during the period. Institutional investors and hedge funds own 67.10% of the company’s stock.

Empire State Realty Trust Company Profile

Empire State Realty Trust, Inc is a publicly traded real estate investment trust (REIT) focused on the ownership, management and operation of office and retail properties. The company’s portfolio features the iconic Empire State Building in Midtown Manhattan, alongside a diversified collection of commercial assets situated throughout Manhattan, Brooklyn and select markets in Upstate New York. By offering premium office space and street-level retail, Empire State Realty Trust positions itself as a landlord of choice for corporate tenants, retailers and experiential brands seeking high-profile addresses.

Established through a spin-off of assets in early 2013, Empire State Realty Trust consolidated a mix of landmark and Class A properties, creating scale in one of the world’s most competitive real estate markets.