Empire State Realty Trust (NYSE:ESRT) Releases Quarterly Earnings Results

Posted by Francis Steltz on Jul 30th, 2026

Empire State Realty Trust (NYSE:ESRT – Get Free Report) announced its quarterly earnings results on Wednesday. The real estate investment trust reported $0.21 earnings per share (EPS) for the quarter, Zacks reports. Empire State Realty Trust had a net margin of 5.09% and a return on equity of 2.19%. Empire State Realty Trust updated its FY 2026 guidance to 0.750-0.790 EPS.

Empire State Realty Trust Stock Up 2.5%

ESRT opened at $5.80 on Thursday. 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 has a 1-year low of $4.87 and a 1-year high of $8.07. The company has a market capitalization of $1.00 billion, a PE ratio of 22.32 and a beta of 1.35. The firm’s 50 day simple moving average is $5.50 and its two-hundred day simple moving average is $5.68.

Empire State Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders 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 annualized dividend and a yield of 2.4%. Empire State Realty Trust’s dividend payout ratio (DPR) is presently 53.85%.

Institutional Investors Weigh In On Empire State Realty Trust

Hedge funds have recently modified their holdings of the business. M&T Bank Corp raised its holdings in Empire State Realty Trust by 11.7% in the 2nd quarter. M&T Bank Corp now owns 12,961 shares of the real estate investment trust’s stock worth $105,000 after purchasing an additional 1,360 shares during the period. The Manufacturers Life Insurance Company lifted its position in Empire State Realty Trust by 2.0% during the second quarter. The Manufacturers Life Insurance Company now owns 70,992 shares of the real estate investment trust’s stock valued at $574,000 after purchasing an additional 1,418 shares in the last quarter. Amundi grew its holdings in Empire State Realty Trust by 2.0% during the first quarter. Amundi now owns 78,614 shares of the real estate investment trust’s stock valued at $585,000 after purchasing an additional 1,562 shares during the period. Van ECK Associates Corp grew its holdings in Empire State Realty Trust by 4.4% during the third quarter. Van ECK Associates Corp now owns 40,169 shares of the real estate investment trust’s stock valued at $308,000 after purchasing an additional 1,707 shares during the period. Finally, Cerity Partners LLC increased its position in Empire State Realty Trust by 3.0% in the second quarter. Cerity Partners LLC now owns 64,449 shares of the real estate investment trust’s stock worth $521,000 after buying an additional 1,896 shares in the last quarter. Institutional investors own 67.10% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have weighed in on ESRT. Citigroup reduced 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 research note 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 on the stock in a report on Monday, June 1st. Evercore set a $6.00 price target on shares of Empire State Realty Trust in a research report on Monday, June 8th. 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 equities research analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Empire State Realty Trust presently has a consensus rating of “Sell” and a consensus price target of $5.92.

Read Our Latest Analysis on Empire State Realty Trust

Empire State Realty Trust Company Profile

(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.