Empire State Realty Trust, Inc. (ESRT) to Issue Quarterly Dividend of $0.04 on September 30th

Empire State Realty Trust, Inc. (NYSE:ESRT) declared a quarterly dividend on Wednesday, August 5th. Investors of record on Tuesday, September 15th will be given a dividend of 0.035 per share by the real estate investment trust on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend is Tuesday, September 15th.

Empire State Realty Trust has decreased its dividend by an average of 0.1%per year over the last three years.

Empire State Realty Trust Stock Performance

Shares of NYSE ESRT opened at $4.29 on Friday. The firm has a 50 day moving average of $5.00 and a 200 day moving average of $5.28. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 1.15. The firm has a market capitalization of $741.86 million, a price-to-earnings ratio of 61.22 and a beta of 1.36. Empire State Realty Trust has a 12-month low of $4.13 and a 12-month high of $8.04.

Empire State Realty Trust (NYSE:ESRT) last released its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported ($0.15) earnings per share for the quarter. Empire State Realty Trust had a return on equity of 0.40% and a net margin of 0.93%.The business had revenue of $196.90 million during the quarter. Empire State Realty Trust has set its FY 2026 guidance at 0.750-0.790 EPS. On average, research analysts anticipate that Empire State Realty Trust will post 0.77 earnings per share for the current year.

Institutional Trading of Empire State Realty Trust

Several hedge funds have recently made changes to their positions in ESRT. Sequoia Financial Advisors LLC lifted its stake in shares of Empire State Realty Trust by 92.1% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 22,083 shares of the real estate investment trust’s stock valued at $119,000 after purchasing an additional 10,590 shares during the last quarter. WINTON GROUP Ltd bought a new position in shares of Empire State Realty Trust during the 2nd quarter valued at approximately $105,000. Engineers Gate Manager LP purchased a new stake in Empire State Realty Trust during the 2nd quarter valued at $447,000. Squarepoint Ops LLC raised its holdings in Empire State Realty Trust by 43.4% during the 2nd quarter. Squarepoint Ops LLC now owns 136,077 shares of the real estate investment trust’s stock valued at $736,000 after buying an additional 41,191 shares during the period. Finally, Corient Private Wealth LP bought a new stake in Empire State Realty Trust in the second quarter worth $110,000. 67.10% of the stock is currently owned by hedge funds and other institutional investors.

About Empire State Realty Trust

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.