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

Empire State Realty Trust (NYSE:ESRT) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.750-0.790 for the period, compared to the consensus EPS estimate of 0.000. The company issued revenue guidance of -.

Empire State Realty Trust Trading Up 2.5%

Shares of ESRT stock traded up $0.14 during trading hours on Wednesday, hitting $5.80. The company had a trading volume of 1,717,539 shares, compared to its average volume of 1,782,983. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.94 and a quick ratio of 1.94. The stock has a market capitalization of $1.00 billion, a PE ratio of 22.32 and a beta of 1.35. The company’s fifty day moving average is $5.49 and its 200 day moving average is $5.69. Empire State Realty Trust has a fifty-two week low of $4.87 and a fifty-two week high of $8.07.

Empire State Realty Trust (NYSE:ESRT) last posted its earnings results on Wednesday, July 29th. The real estate investment trust reported $0.21 earnings per share for the quarter. Empire State Realty Trust had a net margin of 5.09% and a return on equity of 2.19%. Empire State Realty Trust has set its FY 2026 guidance at 0.750-0.790 EPS.

Empire State Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were given a dividend of $0.035 per share. This represents a $0.14 annualized dividend and a dividend yield of 2.4%. The ex-dividend date was Monday, June 15th. Empire State Realty Trust’s dividend payout ratio (DPR) is currently 53.85%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on ESRT shares. Evercore set a $6.00 price objective on Empire State Realty Trust in a research note on Monday, June 8th. Citigroup decreased their target price on Empire State Realty Trust from $7.00 to $5.75 and set a “neutral” rating on the stock in a research note on Wednesday, April 15th. Weiss Ratings cut Empire State Realty Trust from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, May 11th. Finally, Wells Fargo & Company dropped their target price on Empire State Realty Trust from $6.30 to $6.00 and set an “underweight” rating for the company in a research report on Monday, June 1st. One analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Sell” and an average price target of $5.92.

Institutional Trading of Empire State Realty Trust

Large investors have recently modified their holdings of the stock. M&T Bank Corp boosted its holdings in Empire State Realty Trust by 11.7% in the second quarter. M&T Bank Corp now owns 12,961 shares of the real estate investment trust’s stock valued at $105,000 after purchasing an additional 1,360 shares during the period. The Manufacturers Life Insurance Company grew its stake in Empire State Realty Trust by 2.0% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 70,992 shares of the real estate investment trust’s stock worth $574,000 after purchasing an additional 1,418 shares in the last quarter. Amundi grew its stake in Empire State Realty Trust by 2.0% during the 1st quarter. Amundi now owns 78,614 shares of the real estate investment trust’s stock worth $585,000 after purchasing an additional 1,562 shares in the last quarter. Van ECK Associates Corp increased its holdings in Empire State Realty Trust by 4.4% during the 3rd quarter. Van ECK Associates Corp now owns 40,169 shares of the real estate investment trust’s stock worth $308,000 after purchasing an additional 1,707 shares during the period. Finally, Cerity Partners LLC increased its holdings in Empire State Realty Trust by 3.0% during the 2nd quarter. Cerity Partners LLC now owns 64,449 shares of the real estate investment trust’s stock worth $521,000 after purchasing an additional 1,896 shares during the period. Hedge funds and other institutional investors own 67.10% of the company’s stock.

About Empire State Realty Trust

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.