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

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

Empire State Realty Trust Stock Up 0.3%

Empire State Realty Trust stock traded up $0.01 during trading on Friday, reaching $5.01. The stock had a trading volume of 750,883 shares, compared to its average volume of 1,808,975. The company has a quick ratio of 1.94, a current ratio of 1.94 and a debt-to-equity ratio of 1.22. The stock has a market cap of $864.74 million, a PE ratio of 71.80 and a beta of 1.35. The business has a 50 day moving average price of $5.49 and a 200 day moving average price of $5.67. Empire State Realty Trust has a 52-week low of $4.87 and a 52-week high of $8.07.

Empire State Realty Trust (NYSE:ESRT) last posted its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported ($0.15) EPS for the quarter. Empire State Realty Trust had a net margin of 0.93% and a return on equity of 0.40%. The company had revenue of $165.17 million for the quarter. Empire State Realty Trust has set its FY 2026 guidance at 0.750-0.790 EPS.

Empire State Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were paid a $0.035 dividend. This represents a $0.14 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend was Monday, June 15th. Empire State Realty Trust’s payout ratio is currently 53.85%.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. Citigroup reduced their price target on Empire State Realty Trust from $7.00 to $5.75 and set a “neutral” rating on the stock in a research report on Wednesday, April 15th. Weiss Ratings lowered shares of Empire State Realty Trust from a “sell (d+)” rating to a “sell (d)” rating in a research note on Monday, May 11th. Evercore set a $5.50 target price on Empire State Realty Trust in a research note on Thursday. Finally, Wells Fargo & Company reduced their target price on Empire State Realty Trust from $6.30 to $6.00 and set an “underweight” rating for the company in a report on Monday, June 1st. One 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.com, the company currently has a consensus rating of “Sell” and a consensus target price of $5.75.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in ESRT. Raymond James Financial Inc. acquired a new stake in Empire State Realty Trust in the second quarter valued at $74,000. DRW Securities LLC bought a new position in Empire State Realty Trust during the fourth quarter worth $69,000. Vise Technologies Inc. bought a new position in shares of Empire State Realty Trust in the fourth quarter valued at about $71,000. Federation des caisses Desjardins du Quebec lifted its stake in shares of 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 buying an additional 2,523 shares during the last quarter. Finally, BNP Paribas Financial Markets grew its stake in Empire State Realty Trust by 50.5% in the 2nd quarter. BNP Paribas Financial Markets now owns 11,752 shares of the real estate investment trust’s stock valued at $95,000 after buying an additional 3,941 shares during the last quarter. 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.