ES9 Stock Overview
Empire State Realty Trust, Inc. (NYSE: ESRT) is a NYC-focused REIT that owns and operates a portfolio of modernized, amenitized, and well-located office, retail, and multifamily assets. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 1/6 |
| Dividends | 2/6 |
My Notes
Capture your thoughts, links and company narrative
Empire State Realty Trust, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$9.55 |
| 52 Week High | US$10.40 |
| 52 Week Low | US$7.80 |
| Beta | 1.42 |
| 1 Month Change | -3.05% |
| 3 Month Change | 2.14% |
| 1 Year Change | 13.69% |
| 3 Year Change | 14.37% |
| 5 Year Change | -22.98% |
| Change since IPO | -3.17% |
Recent News & Updates
Recent updates
Shareholder Returns
| ES9 | DE REITs | DE Market | |
|---|---|---|---|
| 7D | 2.1% | 0.5% | 0.7% |
| 1Y | 13.7% | -6.5% | 8.4% |
Return vs Industry: ES9 exceeded the German REITs industry which returned -6.6% over the past year.
Return vs Market: ES9 exceeded the German Market which returned 8.4% over the past year.
Price Volatility
| ES9 volatility | |
|---|---|
| ES9 Average Weekly Movement | 6.0% |
| REITs Industry Average Movement | 2.5% |
| Market Average Movement | 4.9% |
| 10% most volatile stocks in DE Market | 12.0% |
| 10% least volatile stocks in DE Market | 2.4% |
Stable Share Price: ES9 has not had significant price volatility in the past 3 months compared to the German market.
Volatility Over Time: ES9's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2011 | 666 | Tony Malkin | www.esrtreit.com |
Empire State Realty Trust, Inc. (NYSE: ESRT) is a NYC-focused REIT that owns and operates a portfolio of modernized, amenitized, and well-located office, retail, and multifamily assets. The company is the recognized leader in energy efficiency and indoor environmental quality. ESRT's flagship Empire State Building - the "World's Most Famous Building" - includes its Observatory, Tripadvisor's 2023 Travelers' Choice Awards: Best of the Best the #1 attraction in the US for two consecutive years.
Empire State Realty Trust, Inc. Fundamentals Summary
| ES9 fundamental statistics | |
|---|---|
| Market cap | €2.76b |
| Earnings (TTM) | €44.16m |
| Revenue (TTM) | €739.02m |
37.4x
P/E Ratio2.2x
P/S RatioIs ES9 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ES9 income statement (TTM) | |
|---|---|
| Revenue | US$758.43m |
| Cost of Revenue | US$349.10m |
| Gross Profit | US$409.33m |
| Other Expenses | US$364.02m |
| Earnings | US$45.32m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.27 |
| Gross Margin | 53.97% |
| Net Profit Margin | 5.98% |
| Debt/Equity Ratio | 139.9% |
How did ES9 perform over the long term?
See historical performance and comparisonDividends
1.4%
Current Dividend Yield11%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 00:32 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Empire State Realty Trust, Inc. is covered by 17 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Kim | BMO Capital Markets Equity Research |
| Jing Xian Tan Bonnel | BofA Global Research |
| Michael Gorman | BTIG |