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

Empire State Realty Trust (NYSE:ESRT) updated its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.750-0.790 for the period, compared to the consensus earnings per share estimate of 0.000. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on ESRT shares. Evercore set a $6.00 price objective on Empire State Realty Trust in a research note on Monday, June 8th. Citigroup dropped their price objective on shares of Empire State Realty Trust from $7.00 to $5.75 and set a “neutral” rating for the company in a report on Wednesday, April 15th. Wells Fargo & Company cut their price target on shares of Empire State Realty Trust from $6.30 to $6.00 and set an “underweight” rating for the company in a research report on Monday, June 1st. Finally, Weiss Ratings lowered shares of Empire State Realty Trust from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, May 11th. One investment analyst has rated the stock with a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Sell” and a consensus price target of $5.92.

Empire State Realty Trust Price Performance

ESRT stock traded up $0.14 during trading on Wednesday, reaching $5.80. The company’s stock had a trading volume of 1,717,539 shares, compared to its average volume of 1,782,984. The company has a quick ratio of 1.94, a current ratio of 1.94 and a debt-to-equity ratio of 1.22. Empire State Realty Trust has a 1 year low of $4.87 and a 1 year high of $8.07. The company’s fifty day moving average is $5.49 and its 200-day moving average is $5.69. The company has a market capitalization of $1.00 billion, a P/E ratio of 22.32 and a beta of 1.35.

Empire State Realty Trust (NYSE:ESRT) last issued its earnings results on Wednesday, July 29th. The real estate investment trust reported $0.21 earnings per share (EPS) for the quarter. Empire State Realty Trust had a return on equity of 2.19% and a net margin of 5.09%.Empire State Realty Trust has set its FY 2026 guidance at 0.750-0.790 EPS.

Empire State Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were given a $0.035 dividend. The ex-dividend date was Monday, June 15th. This represents a $0.14 dividend on an annualized basis and a yield of 2.4%. Empire State Realty Trust’s dividend payout ratio (DPR) is currently 53.85%.

Hedge Funds Weigh In On Empire State Realty Trust

Several hedge funds have recently added to or reduced their stakes in the company. Invesco Ltd. raised its holdings in shares of Empire State Realty Trust by 2.4% in the fourth quarter. Invesco Ltd. now owns 449,186 shares of the real estate investment trust’s stock valued at $2,929,000 after acquiring an additional 10,601 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its holdings in Empire State Realty Trust by 9.0% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 88,949 shares of the real estate investment trust’s stock worth $580,000 after acquiring an additional 7,315 shares in the last quarter. XTX Topco Ltd bought a new position in Empire State Realty Trust during the 4th quarter worth about $1,483,000. SummitTX Capital L.P. increased its position in Empire State Realty Trust by 32.0% during the 4th quarter. SummitTX Capital L.P. now owns 1,288,197 shares of the real estate investment trust’s stock valued at $8,399,000 after purchasing an additional 312,143 shares during the period. Finally, Inspire Investing LLC increased its position in Empire State Realty Trust by 21.8% during the 4th quarter. Inspire Investing LLC now owns 71,737 shares of the real estate investment trust’s stock valued at $468,000 after purchasing an additional 12,829 shares during the period. 67.10% of the stock is currently owned by institutional investors.

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.