Empire State Realty TrustESRT
ESRT
About: Empire State Realty Trust operates as a pure-play greater New York and Manhattan-focused REIT, featuring its landmark Empire State Building office and observation deck. The company owns and operates around 8.5 million square feet of office space, about 80% of which is located in Manhattan.
Employees: 667
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
375% more call options, than puts
Call options by funds: $228K | Put options by funds: $48K
55% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 22
4% more funds holding
Funds holding: 223 [Q4 2024] → 232 (+9) [Q1 2025]
8% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 77
0% more funds holding in top 10
Funds holding in top 10: 1 [Q4 2024] → 1 (+0) [Q1 2025]
0.1% less ownership
Funds ownership: 73.65% [Q4 2024] → 73.55% (-0.1%) [Q1 2025]
24% less capital invested
Capital invested by funds: $1.26B [Q4 2024] → $959M (-$301M) [Q1 2025]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$8.30
3%
downside
Avg. target
$8.30
3%
downside
High target
$8.30
3%
downside
1 analyst rating
0 positive
0%
0 neutral
0%
1 negative
100%
Wells Fargo Blaine Heck | 3%downside $8.30 | Underweight Maintained | 19 May 2025 |
Financial journalist opinion
Neutral
Business Wire
1 week ago
Empire State Realty Trust To Present At The Nareit REITweek 2025 Investor Conference
NEW YORK--(BUSINESS WIRE)--ESRT June 2025 Nareit REITweek Conference Participation.
Neutral
Business Wire
4 weeks ago
Empire State Realty Trust Announces Dividend for Second Quarter 2025
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”), today announced that its Board of Directors has declared a dividend of $0.035 per share for the second quarter of 2025, payable to holders of the Company's Class A common stock and Class B common stock and to holders of Empire State Realty OP, L.P.'s (“ESRO”) Series ES, Series 250 and Series 60 operating partnership units (NYSE Arca: ESBA, FISK and OGCP, respectively) and Series PR operating partnership uni.
Neutral
Seeking Alpha
1 month ago
Empire State Realty Trust, Inc. (ESRT) Q1 2025 Earnings Call Transcript
Empire State Realty Trust, Inc. (NYSE:ESRT ) Q1 2025 Earnings Conference Call April 30, 2025 12:00 PM ET Company Participants Heather Houston – Senior Vice President, Chief Counsel, Corporate and Secretary Tony Malkin – Chairman and Chief Executive Officer Thomas Durels – Executive Vice President-Real Estate Steve Horn – Executive Vice President, Chief Financial Officer and Chief Accounting Officer Christina Chiu – President Conference Call Participants Steve Sakwa – Evercore ISI Regan Sweeney – BMO Capital Markets Blaine Heck – Wells Fargo Seth Bergey – Citi Dylan Burzinski – Green Street Operator Greetings, and welcome to the Empire State Realty Trust First Quarter 2025 Earnings Call. At this time, all participants are in a listen-only mode.
Neutral
Business Wire
1 month ago
Empire State Realty Trust Announces First Quarter 2025 Results
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) is a NYC-focused REIT that owns and operates a portfolio of well-leased, top of tier, modernized, amenitized, and well-located office, retail, and multifamily assets. ESRT's flagship Empire State Building, the “World's Most Famous Building,” features its iconic Observatory that was declared the #1 Attraction in the World – and the #1 Attraction in the U.S. for the third consecutive year– in Tripadvisor's 2024 Travelers' Cho.
Neutral
Business Wire
1 month ago
Empire State Realty Trust Publishes 2024 Sustainability Report with Major Achievements, Targets, and Metrics
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) published its annual Sustainability Report that features major awards and achievements, data-based goals, and transparent metrics for sustainability, energy efficiency, and corporate social responsibility throughout its portfolio. "The annual Sustainability Report reflects our continued leadership in sustainability in real estate and proven performance as industry leaders in energy efficiency and healthy buildings with prov.
Negative
Seeking Alpha
1 month ago
Powell On The Hot Seat
US equity markets steadied this past week while bond markets rallied as investors parsed a surprisingly solid slate of economic data and a decent start to corporate earnings season. Early week gains were pared following comments from Fed Chair Powell regarding the inflationary impact of tariffs and the reluctance of the Fed to step in to support markets. The hawkish comments sparked a series of blistering critiques by President Trump, accusing the Fed Chair of "playing politics" and posting that his "termination cannot come fast enough."
Neutral
Business Wire
1 month ago
Carolina Herrera, Ltd. Signs Renewal and Expansion Lease with Empire State Realty Trust for 34K Square Feet at 501 Seventh Avenue
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that it signed a 34K square foot expansion and renewal lease with Carolina Herrera, Ltd. – a high-end New York City fashion house and subsidiary of Puig Brands – at 501 Seventh Avenue. "Carolina Herrera remains deeply committed to the New York Fashion District and continues to play a vital role in the fashion ecosystem that the neighborhood nurtures,” said Emilie Rubinfeld, president at Carolina Herrera. “Th.
Neutral
Business Wire
1 month ago
Workday, Inc. Signs 39k Square Foot Renewal and Expansion Lease at the Empire State Building
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that it signed a renewal and 12,338 square foot expansion lease with Workday, Inc. – the AI platform for managing people, money, and agents – for a total of 39,069 square feet at the iconic Empire State Building. Workday continues to grow with ESRT – the company leased its first prebuilt suite at One Grand Central Place back in 2015. "We are thrilled to continue to expand at the iconic Empire State Building,.
Neutral
Business Wire
1 month ago
Gerson Lehrman Group, Inc. Signs 77,382 Square Foot Renewal Lease at One Grand Central Place
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that it signed a 77,382 square foot renewal lease with Gerson Lehrman Group, Inc. (GLG) – a financial and global information services consulting company – at One Grand Central Place. GLG joined the ESRT portfolio in 2013 and now occupies two full floors overlooking Vanderbilt Plaza. "One Grand Central Place's unmatched location and office environment have created an ideal headquarters for GLG to convene the.
Neutral
The Motley Fool
2 months ago
2 Beaten-Down Dividend Stocks You Can Buy Right Now
The S&P 500 remains close to correction territory, and there are some excellent bargains to be found in the stock market right now. And not just when it comes to beaten-down technology stocks.
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