Empire State Realty Trust (NYSE:ESRT) Releases 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 Down 2.4%

ESRT stock opened at $6.24 on Thursday. The firm has a 50-day moving average price of $6.56 and a 200-day moving average price of $7.10. Empire State Realty Trust has a 12 month low of $6.07 and a 12 month high of $9.29. The company has a current ratio of 4.33, a quick ratio of 4.33 and a debt-to-equity ratio of 1.14. The stock has a market capitalization of $1.06 billion, a P/E ratio of 23.98 and a beta of 1.36.

Empire State Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 15th were issued a dividend of $0.035 per share. The ex-dividend date of this dividend was Monday, December 15th. This represents a $0.14 annualized dividend and a dividend yield of 2.2%. Empire State Realty Trust’s dividend payout ratio (DPR) is 66.67%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on ESRT shares. Evercore set a $7.00 price objective on Empire State Realty Trust in a research report on Wednesday. Weiss Ratings restated a “hold (c-)” rating on shares of Empire State Realty Trust in a report on Monday, December 29th. Finally, Wells Fargo & Company lowered their price objective on Empire State Realty Trust from $8.30 to $6.80 and set an “underweight” rating for the company in a research note on Tuesday, November 25th. One analyst has rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Empire State Realty Trust has a consensus rating of “Hold” and a consensus target price of $7.93.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new stake in shares of Empire State Realty Trust in the 2nd quarter valued at $74,000. DRW Securities LLC acquired a new position in Empire State Realty Trust in the fourth quarter valued at $69,000. Vise Technologies Inc. bought a new stake in Empire State Realty Trust during the fourth quarter valued at $71,000. Federation des caisses Desjardins du Quebec grew its holdings in Empire State Realty Trust by 29.1% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 11,180 shares of the real estate investment trust’s stock worth $73,000 after acquiring an additional 2,523 shares during the period. Finally, BNP Paribas Financial Markets raised its position in shares of Empire State Realty Trust by 50.5% in the 2nd quarter. BNP Paribas Financial Markets now owns 11,752 shares of the real estate investment trust’s stock worth $95,000 after acquiring an additional 3,941 shares in the last quarter. Institutional investors own 67.10% of the company’s stock.

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.