Real Estate
Empire State Realty Trust, Inc.(ESRT)
Live Price
Offline$5.24
+1.95% today
1Y Change
-30.78%
Window
Jun 25, 2025 โ Jun 18, 2026
- Market Cap
- $940.00M
- Revenue Growth
- +0.7%
- EPS Growth
- -10.3%
- Dividend Yield
- 2.5%
Coverage: 247 bars ยท Jun 25, 2025 โ Jun 18, 2026
Research Briefing
A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.
Research Snapshot
Empire State Realty Trust, Inc. (ESRT) is a Real Estate stock with a market cap of $940.00M and listed on NYSE. The stock last traded around $5.24 and down 30.8% across the available one-year price window (Jun 25, 2025 โ Jun 18, 2026). Baseline metrics include revenue growth of +0.7%, EPS growth of -10.3%, a dividend yield of 2.5%. What stands out right now is revenue +0.7%, EPS -10.3%, free cash flow -80.6% with operating margin 17.9% and ROIC 17.0%. The dividend matters to the case here, with a current yield around 2.5%. Valuation is more restrained than many high-expectation growth names at P/E 23.8 and price/sales 1.2. Overall, the current profile looks closer to a turnaround or cyclical reset than a generic broad-market placeholder. Stock Foundry combines ESRT price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Real Estate peers on this page.
Sector Context
How this name stacks up against nearby peers on first-pass metrics.
Revenue Growth
Below sector median
+0.7% vs +11.4% peer median
Operating Margin
Below sector median
+17.9% vs +59.6% peer median
P/E
Above sector median
23.8 vs 19.5 peer median
What Changed This Quarter
Latest report context and the signals most likely to have changed the story.
Latest report is on the board
2026 was reported on Apr 29, 2026, but the surprise data is still limited.
The operating picture looks softer than before
Revenue is at +0.7% and EPS is at -10.3%, with operating margin around 17.9%.
Shareholder return is still part of the story
The stock is still offering a dividend yield around 2.5%, which matters if the thesis depends on income as much as growth.
Earnings Reaction Memory
How the stock has tended to move after recent reports.
Across the last 3 reported quarters, the stock averaged -3.5% over the next 5 trading days and finished higher after 1 of those reports.
View quarter-by-quarter reaction table
| Quarter | EPS ฮ | 1D | 5D | 20D |
|---|---|---|---|---|
2026 Apr 29, 2026 | โ | -0.9% | +0.9% | +2.0% |
2026 Feb 17, 2026 | โ | -2.7% | -7.0% | -18.8% |
2025 Oct 29, 2025 | โ | -6.0% | -4.3% | -8.1% |
Benchmark Edge
ESRT vs SPY, QQQ, and Sector ETFs
Normalized return, excess return, max drawdown, and calendar-year wins against the benchmarks investors actually use.
ESRT
โ
Normalized return
SPY
--
S&P 500
Excess Return
--
Relative to SPY
ESRT Max Drawdown
-40.38%
Trailing 1Y
SPY Max Drawdown
โ
Trailing 1Y
Calendar-Year Returns
Uses the longest available daily history for ESRT and SPY.
Company Overview
Empire State Realty Trust, Inc.
New York Stock Exchange
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 September 30, 2020, 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 700,000 rentable square feet in the retail portfolio. Long the leader in energy efficiency retrofits and Indoor Environmental Quality, Empire State Realty Trust is the first commercial real estate portfolio in the U.S. to achieve the WELL Health-Safety Rating.
- Leadership
- Anthony E. Malkin
- IPO Date
- Oct 2, 2013
- Employees
- 667
- Street Address
- 111 West 33rd Street
- Mailing
- New York City, NY, 10120
- Region
- New York City, NY, US
- Reporting Currency
- USD
- Investor Line
- 212-687-8700
- Last Updated
- Apr 28, 2026
Key Fundamentals
Valuation, growth, profitability, and balance sheet signals.
Valuation
- P/E
- 23.8
- EV/EBITDA
- 9.0
- Price/Sales
- 1.2
- Price/Book
- 0.5
Growth
- Revenue
- +0.7%
- EPS
- -10.3%
- Free Cash Flow
- -80.6%
Profitability
- Gross Margin
- -10.3%
- Operating Margin
- 17.9%
- Net Margin
- 5.1%
- ROE
- 3.2%
- ROIC
- 17.0%
Balance Sheet
- Debt/Equity
- 1.31
- Current Ratio
- 5.73
Earnings Reports
Latest News
Official Releases
Company announcements and filings-style updates.
Next Step
Keep the research moving
After the overview, the strongest next step is usually chart context or a tighter compare set.