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

Empire State Realty Trust (NYSE:ESRT) updated its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 0.850-0.890 for the period, compared to the consensus EPS estimate of 0.060. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

ESRT has been the subject of a number of analyst reports. Wells Fargo & Company decreased their target price on shares of Empire State Realty Trust from $8.30 to $6.80 and set an “underweight” rating for the company in a research report on Tuesday, November 25th. Weiss Ratings reissued a “hold (c-)” rating on shares of Empire State Realty Trust in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $8.40.

Empire State Realty Trust Price Performance

Shares of NYSE:ESRT traded up $0.16 during midday trading on Tuesday, reaching $6.43. 2,272,595 shares of the company’s stock traded hands, compared to its average volume of 1,495,371. The company has a fifty day simple moving average of $6.58 and a two-hundred day simple moving average of $7.11. Empire State Realty Trust has a 1 year low of $6.07 and a 1 year high of $9.29. The company has a market cap of $1.09 billion, a P/E ratio of 30.60 and a beta of 1.36. The company has a debt-to-equity ratio of 1.14, a quick ratio of 4.33 and a current ratio of 4.33.

Empire State Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th were paid a $0.035 dividend. This represents a $0.14 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend was Monday, December 15th. Empire State Realty Trust’s dividend payout ratio (DPR) is 66.67%.

Institutional Trading of Empire State Realty Trust

Several large investors have recently bought and sold shares of the company. Amundi lifted its position in shares of Empire State Realty Trust by 41.2% in the 4th quarter. Amundi now owns 97,812 shares of the real estate investment trust’s stock worth $638,000 after acquiring an additional 28,551 shares during the period. Jump Financial LLC acquired a new position in shares of Empire State Realty Trust in the fourth quarter valued at $238,000. Price T Rowe Associates Inc. MD lifted its position in Empire State Realty Trust by 18.4% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 168,667 shares of the real estate investment trust’s stock worth $1,100,000 after purchasing an additional 26,270 shares during the period. ExodusPoint Capital Management LP lifted its position in Empire State Realty Trust by 60.1% in the fourth quarter. ExodusPoint Capital Management LP now owns 58,162 shares of the real estate investment trust’s stock worth $379,000 after purchasing an additional 21,839 shares during the period. Finally, Barclays PLC increased its holdings in Empire State Realty Trust by 3.9% in the 4th quarter. Barclays PLC now owns 223,744 shares of the real estate investment trust’s stock valued at $1,459,000 after buying an additional 8,316 shares during the period. Institutional investors and hedge funds 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.