Empire State Realty Trust, Inc.
General ticker "ESRT" information:
- Sector: Real Estate
- Industry: REIT - Diversified
- Capitalization: $1.4B (TTM average)
Empire State Realty Trust, Inc. follows the US Stock Market performance with the rate: 3.7%.
Estimated limits based on current volatility of 2.4%: low 6.19$, high 6.49$
Factors to consider:
- Company pays dividends (quarterly): last record date 2025-12-15, amount 0.04$ (Y2.43%)
- Total employees count: 667 as of 2024
- Top business risk factors: Tenant concentration and lease defaults, Regulatory and compliance, Geographic concentration in NYC and stamford, Inflationary pressures, Liquidity and credit risks
- Current price 20.8% below estimated low
- Earnings for 9 months up through Q3 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [8.58$, 11.90$]
- 2025-12-31 to 2026-12-31 estimated range: [8.31$, 11.72$]
Financial Metrics affecting the ESRT estimates:
- Positive: with PPE of 10.7 at the end of fiscal year the price was low
- Positive: Operating profit margin, % of 20.67 > 18.33
- Positive: Operating cash flow per share per price, % of 15.53 > 12.91
- Positive: Industry inventory ratio change (median), % of 0 <= 0
- Positive: 0.07 < Industry earnings per price (median), % of 1.85
- Negative: Interest expense per share per price, % of 6.53 > 3.31
- Positive: 19.35 < Shareholder equity ratio, % of 22.85 <= 42.53
- Positive: -3.57 < Return on assets ratio (scaled to [-100,100]) of 1.75
Short-term ESRT quotes
Long-term ESRT plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $727.04MM | $739.57MM | $767.92MM |
| Operating Expenses | $600.01MM | $592.87MM | $609.21MM |
| Operating Income | $127.03MM | $146.71MM | $158.71MM |
| Non-Operating Income | $-62.27MM | $-59.58MM | $-75.66MM |
| Interest Expense | $101.21MM | $101.48MM | $109.71MM |
| Income(Loss) | $64.76MM | $87.12MM | $83.05MM |
| Taxes | $1.55MM | $2.71MM | $2.69MM |
| Profit(Loss)* | $40.64MM | $53.24MM | $51.64MM |
| Stockholders Equity | $954.38MM | $985.52MM | $1,030.70MM |
| Inventory | $85.78MM | $0.00MM | $0.00MM |
| Assets | $4,163.59MM | $4,219.33MM | $4,510.29MM |
| Operating Cash Flow | $211.17MM | $232.49MM | $260.89MM |
| Capital expenditure | $126.27MM | $0.00MM | $0.00MM |
| Investing Cash Flow | $-230.89MM | $-77.34MM | $-397.12MM |
| Financing Cash Flow | $-140.24MM | $-62.87MM | $158.58MM |
| Earnings Per Share** | $0.25 | $0.33 | $0.31 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.