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. The company provided EPS guidance of 0.850-0.890 for the period, compared to the consensus EPS estimate of 0.870. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Weiss Ratings lowered shares of Empire State Realty Trust from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, March 4th. Evercore set a $7.00 price target on shares of Empire State Realty Trust in a report on Wednesday, February 18th. Wells Fargo & Company lowered their price target on shares of Empire State Realty Trust from $6.80 to $6.30 and set an “underweight” rating for the company in a report on Monday, March 2nd. Finally, Citigroup lowered their price target 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. One equities research analyst has rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Sell” and a consensus price target of $6.35.

Empire State Realty Trust Stock Down 2.0%

ESRT traded down $0.12 during trading hours on Wednesday, reaching $5.62. 877,078 shares of the stock traded hands, compared to its average volume of 1,595,815. The company has a market cap of $961.51 million, a price-to-earnings ratio of 21.60 and a beta of 1.38. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.67 and a quick ratio of 1.67. Empire State Realty Trust has a fifty-two week low of $4.87 and a fifty-two week high of $8.76. The firm’s fifty day simple moving average is $5.43 and its two-hundred day simple moving average is $6.36.

Empire State Realty Trust (NYSE:ESRT) last announced its quarterly earnings data on Tuesday, February 17th. The real estate investment trust reported $0.12 earnings per share for the quarter. The company had revenue of $199.22 million during the quarter. Empire State Realty Trust had a net margin of 6.06% and a return on equity of 2.59%. Empire State Realty Trust has set its FY 2026 guidance at 0.850-0.890 EPS. As a group, analysts forecast that Empire State Realty Trust will post 0.87 earnings per share for the current fiscal year.

Empire State Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th were issued a dividend of $0.035 per share. This represents a $0.14 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend was Friday, March 13th. Empire State Realty Trust’s dividend payout ratio (DPR) is currently 53.85%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in ESRT. DRW Securities LLC acquired a new position in Empire State Realty Trust during the 4th quarter worth $69,000. Vise Technologies Inc. acquired a new position in Empire State Realty Trust during the 4th quarter worth $71,000. Federation des caisses Desjardins du Quebec grew its holdings in Empire State Realty Trust by 29.1% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 11,180 shares of the real estate investment trust’s stock worth $73,000 after acquiring an additional 2,523 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Empire State Realty Trust during the 2nd quarter worth $74,000. Finally, Schroder Investment Management Group acquired a new position in Empire State Realty Trust during the 4th quarter worth $91,000. 67.10% of the stock is owned by institutional investors and hedge funds.

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.