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

Posted by Brian Himes on Nov 3rd, 2026

Empire State Realty Trust (NYSE:ESRT – Get Free Report) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 0.770-0.800 for the period, compared to the consensus estimate of 0.770.

Analyst Ratings Changes

A number of equities analysts recently weighed in on ESRT shares. Citigroup decreased their price target on Empire State Realty Trust from $5.75 to $5.00 and set a “neutral” rating for the company in a research report on Wednesday, August 5th. Evercore set a $5.00 price objective on Empire State Realty Trust in a report on Monday, September 21st. Wells Fargo & Company reduced their price objective on shares of Empire State Realty Trust from $6.00 to $5.00 and set an “underweight” rating for the company in a research note on Tuesday, September 1st. Weiss Ratings reiterated a “sell (d)” rating on shares of Empire State Realty Trust in a report on Friday, August 7th. Finally, Wall Street Zen downgraded shares of Empire State Realty Trust from a “hold” rating to a “sell” rating in a research report on Saturday, August 22nd. One research analyst has rated the stock with a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Sell” and an average price target of $5.00.

Read Our Latest Analysis on Empire State Realty Trust

Empire State Realty Trust Stock Performance

ESRT stock opened at $5.08 on Tuesday. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 1.15. The company has a market capitalization of $878.63 million, a price-to-earnings ratio of 72.17 and a beta of 1.40. Empire State Realty Trust has a 12 month low of $3.93 and a 12 month high of $7.53. The firm has a 50 day moving average of $4.50 and a two-hundred day moving average of $5.30.

Empire State Realty Trust (NYSE:ESRT – Get Free Report) last announced its quarterly earnings results on Monday, November 2nd. The real estate investment trust reported $0.20 earnings per share for the quarter. Empire State Realty Trust had a return on equity of 0.40% and a net margin of 0.93%. The company had revenue of $193.05 million during the quarter. As a group, equities analysts anticipate that Empire State Realty Trust will post 0.77 EPS for the current fiscal year.

Empire State Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were given a $0.0350 dividend. This represents a $0.14 annualized dividend and a yield of 2.8%. The ex-dividend date was Tuesday, September 15th. Empire State Realty Trust’s dividend payout ratio (DPR) is currently 200.00%.

About Empire State Realty Trust

(Get Free Report)

Empire State Realty Trust, Inc is a self-managed real estate investment trust that owns, manages, operates, acquires and repositions office, retail and multifamily properties in New York City and the surrounding metropolitan area. Its portfolio is concentrated in Manhattan and includes properties serving businesses, residents, retailers and visitors.

The company’s landmark asset is the Empire State Building, which it operates as a mixed-use office, retail and tourist destination. Empire State Realty Trust also manages the building’s public observatories, offering visitors views of New York City, and provides leasing and property-management services across its portfolio.

Empire State Realty Trust was formed in 2011 and became a publicly traded company in 2013.