Empire State Realty Trust, Inc. (ESRT) to Issue Quarterly Dividend of $0.04 on September 30th

Empire State Realty Trust, Inc. (NYSE:ESRT) announced a quarterly dividend on Wednesday, August 5th. Stockholders of record on Tuesday, September 15th will be given a dividend of 0.035 per share by the real estate investment trust on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Tuesday, September 15th.

Empire State Realty Trust has decreased its dividend payment by an average of 0.1%per year over the last three years.

Empire State Realty Trust Trading Up 0.1%

Shares of ESRT stock opened at $4.89 on Friday. 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 company has a market cap of $844.04 million, a price-to-earnings ratio of 69.94 and a beta of 1.36. The stock has a 50 day simple moving average of $5.41 and a 200-day simple moving average of $5.62. Empire State Realty Trust has a 1-year low of $4.78 and a 1-year high of $8.07.

Empire State Realty Trust (NYSE:ESRT) last announced its earnings results on Wednesday, July 29th. The real estate investment trust reported ($0.15) earnings per share (EPS) for the quarter. Empire State Realty Trust had a net margin of 0.93% and a return on equity of 0.40%. The business had revenue of $196.90 million for the quarter. Empire State Realty Trust has set its FY 2026 guidance at 0.750-0.790 EPS. On average, equities research analysts expect that Empire State Realty Trust will post 0.77 EPS for the current fiscal year.

Institutional Trading of Empire State Realty Trust

A number of large investors have recently made changes to their positions in ESRT. Royal Bank of Canada lifted its stake in Empire State Realty Trust by 86.1% in the first quarter. Royal Bank of Canada now owns 11,078 shares of the real estate investment trust’s stock worth $58,000 after acquiring an additional 5,124 shares during the last quarter. Sequoia Financial Advisors LLC purchased a new stake in shares of Empire State Realty Trust in the 1st quarter valued at approximately $60,000. DRW Securities LLC acquired a new stake in shares of Empire State Realty Trust in the 4th quarter valued at $69,000. Vise Technologies Inc. acquired a new stake in shares of Empire State Realty Trust in the 4th quarter valued at $71,000. Finally, Federation des caisses Desjardins du Quebec raised its holdings in shares of Empire State Realty Trust by 29.1% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 11,180 shares of the real estate investment trust’s stock valued at $73,000 after purchasing an additional 2,523 shares in the last quarter. 67.10% of the stock is currently owned by hedge funds and other institutional investors.

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.