Empire State Realty Trust Inc's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 48/195 in the Residential & Commercial REITs industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 8.56.In the medium term, the stock price is expected to trend down.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Empire State Realty Trust Inc's Score
Industry at a Glance
Industry Ranking
48 / 195
Overall Ranking
101 / 4563
Industry
Residential & Commercial REITs
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
6
analysts
Hold
Current Rating
8.560
Target Price
+25.15%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Empire State Realty Trust Inc Highlights
StrengthsRisks
Empire State Realty Trust, Inc. is a real estate investment trust (REIT), which owns and operates a portfolio of office, retail and multifamily assets. The Company’s portfolio comprises approximately 7.8 million rentable square feet of office space, 0.8 million rentable square feet of retail space and 743 residential units. Its office portfolio included 10 properties. Nine of these office properties are located in midtown Manhattan and encompass approximately 7.6 million rentable square feet of office space and 0.5 million rentable square feet of retail space, including the Empire State Building. The Company’s segments include Real Estate and an Observatory. The Real Estate segment includes all activities related to the ownership, management, operation, acquisition, redevelopment, repositioning and disposition of its traditional real estate assets. The Observatory segment operates the 86th and 102nd floor observatories at the Empire State Building.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 767.92M.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 48.95%.
Fairly Valued
The company’s latest PE is 31.02, at a medium 3-year percentile range.
Empire State Realty Trust, Inc. is a real estate investment trust (REIT), which owns and operates a portfolio of office, retail and multifamily assets. The Company’s portfolio comprises approximately 7.8 million rentable square feet of office space, 0.8 million rentable square feet of retail space and 743 residential units. Its office portfolio included 10 properties. Nine of these office properties are located in midtown Manhattan and encompass approximately 7.6 million rentable square feet of office space and 0.5 million rentable square feet of retail space, including the Empire State Building. The Company’s segments include Real Estate and an Observatory. The Real Estate segment includes all activities related to the ownership, management, operation, acquisition, redevelopment, repositioning and disposition of its traditional real estate assets. The Observatory segment operates the 86th and 102nd floor observatories at the Empire State Building.
Ticker SymbolESRT
CompanyEmpire State Realty Trust Inc
CEOMalkin (Anthony Edward)
Websitehttps://www.esrtreit.com/
FAQs
What is the current price of Empire State Realty Trust Inc (ESRT)?
The current price of Empire State Realty Trust Inc (ESRT) is 6.465.
What is the symbol of Empire State Realty Trust Inc?
The ticker symbol of Empire State Realty Trust Inc is ESRT.
What is the 52-week high of Empire State Realty Trust Inc?
The 52-week high of Empire State Realty Trust Inc is 10.425.
What is the 52-week low of Empire State Realty Trust Inc?
The 52-week low of Empire State Realty Trust Inc is 6.465.
What is the market capitalization of Empire State Realty Trust Inc?
The market capitalization of Empire State Realty Trust Inc is 1.10B.
What is the net income of Empire State Realty Trust Inc?
The net income of Empire State Realty Trust Inc is 47.44M.
Is Empire State Realty Trust Inc (ESRT) currently rated as Buy, Hold, or Sell?
According to analysts, Empire State Realty Trust Inc (ESRT) has an overall rating of Hold, with a price target of 8.560.
What is the Earnings Per Share (EPS TTM) of Empire State Realty Trust Inc (ESRT)?
The Earnings Per Share (EPS TTM) of Empire State Realty Trust Inc (ESRT) is 0.208.