Empire State Realty Trust (NYSE:ESRT) Sees Unusually-High Trading Volume – Here’s What Happened

Posted by Stanley Muller on Jun 16th, 2026

Empire State Realty Trust, Inc. (NYSE:ESRT – Get Free Report) saw an uptick in trading volume on Tuesday . 4,886,228 shares were traded during mid-day trading, an increase of 183% from the previous session’s volume of 1,729,298 shares.The stock last traded at $5.4150 and had previously closed at $5.30.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on ESRT. Citigroup cut their price objective on shares of Empire State Realty Trust from $7.00 to $5.75 and set a “neutral” rating on the stock in a report on Wednesday, April 15th. Evercore set a $6.00 price objective on shares of Empire State Realty Trust in a report on Monday, June 8th. Wells Fargo & Company cut their price objective on shares of Empire State Realty Trust from $6.30 to $6.00 and set an “underweight” rating on the stock in a report on Monday, June 1st. Finally, Weiss Ratings cut 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’s stock. According to data from MarketBeat, Empire State Realty Trust currently has an average rating of “Sell” and a consensus price target of $5.92.

View Our Latest Report on Empire State Realty Trust

Empire State Realty Trust Stock Up 1.4%

The company has a quick ratio of 1.94, a current ratio of 1.94 and a debt-to-equity ratio of 1.22. The company’s fifty day moving average is $5.49 and its 200-day moving average is $5.96. The company has a market cap of $926.81 million, a PE ratio of 20.67 and a beta of 1.35.

Empire State Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a dividend of $0.035 per share. This represents a $0.14 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Monday, June 15th. Empire State Realty Trust’s dividend payout ratio (DPR) is currently 53.85%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Ameriprise Financial Inc. boosted its stake in shares of Empire State Realty Trust by 10.7% during the 3rd quarter. Ameriprise Financial Inc. now owns 11,934,145 shares of the real estate investment trust’s stock worth $91,318,000 after acquiring an additional 1,153,446 shares during the last quarter. Cohen & Steers Inc. raised its position in shares of Empire State Realty Trust by 456.9% during the 4th quarter. Cohen & Steers Inc. now owns 11,128,303 shares of the real estate investment trust’s stock valued at $72,557,000 after purchasing an additional 9,129,959 shares during the period. Lasalle Investment Management Securities LLC raised its position in shares of Empire State Realty Trust by 64.0% during the 1st quarter. Lasalle Investment Management Securities LLC now owns 9,058,860 shares of the real estate investment trust’s stock valued at $47,106,000 after purchasing an additional 3,534,376 shares during the period. Resolution Capital Ltd bought a new stake in shares of Empire State Realty Trust during the 2nd quarter valued at $43,706,000. Finally, Sumitomo Mitsui Trust Group Inc. raised its position in shares of Empire State Realty Trust by 55.5% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 4,905,653 shares of the real estate investment trust’s stock valued at $25,509,000 after purchasing an additional 1,750,544 shares during the period. Hedge funds and other institutional investors own 67.10% of the company’s stock.

About Empire State Realty Trust

(Get Free Report)

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.