Empire State Realty Trust, Inc. (NYSE:ESRT) to Issue $0.04 Quarterly Dividend

Empire State Realty Trust, Inc. (NYSE:ESRT) announced a quarterly dividend on Wednesday, August 5th. Stockholders of record on Tuesday, September 15th will be paid 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 2.9%. The ex-dividend date is Tuesday, September 15th.

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

Empire State Realty Trust Stock Performance

ESRT stock opened at $4.91 on Thursday. The stock’s 50 day simple moving average is $5.43 and its 200 day simple moving average is $5.63. Empire State Realty Trust has a 12-month low of $4.78 and a 12-month high of $8.07. The firm has a market cap of $845.77 million, a P/E ratio of 70.08 and a beta of 1.36. The company has a current ratio of 1.94, a quick ratio of 1.94 and a debt-to-equity ratio of 1.22.

Empire State Realty Trust (NYSE:ESRT) last released its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported ($0.15) EPS 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 $165.17 million during the quarter. Empire State Realty Trust has set its FY 2026 guidance at 0.750-0.790 EPS. As a group, equities research analysts predict that Empire State Realty Trust will post 0.77 EPS for the current year.

Institutional Investors Weigh In On Empire State Realty Trust

Several large investors have recently made changes to their positions in the company. Royal Bank of Canada lifted its stake in Empire State Realty Trust by 86.1% in the first quarter. Royal Bank of Canada now owns 11,078 shares of the real estate investment trust’s stock valued at $58,000 after acquiring an additional 5,124 shares during the last quarter. Sequoia Financial Advisors LLC acquired a new position in shares of Empire State Realty Trust during the 1st quarter worth $60,000. DRW Securities LLC bought a new position in shares of Empire State Realty Trust during the 4th quarter valued at $69,000. Vise Technologies Inc. acquired a new stake in shares of Empire State Realty Trust in the 4th quarter valued at $71,000. Finally, Federation des caisses Desjardins du Quebec lifted its stake in shares of Empire State Realty Trust by 29.1% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 11,180 shares of the real estate investment trust’s stock valued at $73,000 after purchasing an additional 2,523 shares during the last quarter. Institutional investors own 67.10% of the company’s stock.

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.