ESRT RSI Chart
Last 7 days
-0.5%
Last 30 days
6.8%
Last 90 days
-5.4%
Trailing 12 Months
67.5%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 756.1M | 0 | 0 | 0 |
2023 | 727.6M | 720.1M | 728.0M | 739.6M |
2022 | 642.8M | 687.4M | 706.1M | 727.0M |
2021 | 584.3M | 596.7M | 615.2M | 624.1M |
2020 | 734.3M | 699.1M | 652.8M | 609.2M |
2019 | 731.5M | 729.2M | 735.7M | 731.3M |
2018 | 712.5M | 714.6M | 714.5M | 731.5M |
2017 | 684.6M | 695.2M | 706.0M | 709.5M |
2016 | 662.8M | 663.8M | 663.7M | 677.4M |
2015 | 646.9M | 656.5M | 662.8M | 657.6M |
2014 | 389.7M | 485.3M | 592.5M | 635.3M |
2013 | 262.9M | 265.0M | 267.9M | 311.9M |
2012 | 286.2M | 277.5M | 268.9M | 260.3M |
2011 | 0 | 0 | 0 | 294.8M |
Which funds bought or sold ESRT recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 16, 2024 | JANE STREET GROUP, LLC | reduced | -48.78 | -379,341 | 437,332 | -% |
May 16, 2024 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -4.39 | -627 | 1,385,000 | -% |
May 16, 2024 | Tidal Investments LLC | unchanged | - | 4,512 | 160,647 | -% |
May 15, 2024 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | sold off | -100 | -1,198,000 | - | -% |
May 15, 2024 | NISSAY ASSET MANAGEMENT CORP /JAPAN/ /ADV | added | 9.18 | 22,665 | 182,938 | -% |
May 15, 2024 | Steward Partners Investment Advisory, LLC | sold off | -100 | -10,494 | - | -% |
May 15, 2024 | BANK OF AMERICA CORP /DE/ | added | 705 | 5,042,990 | 5,722,130 | -% |
May 15, 2024 | DARK FOREST CAPITAL MANAGEMENT LP | added | 11.38 | 143,921 | 1,019,640 | 0.17% |
May 15, 2024 | Elequin Capital, LP | sold off | -100 | -487,087 | - | -% |
May 15, 2024 | Scientech Research LLC | sold off | -100 | -127,186 | - | -% |
Unveiling Empire State Realty Trust Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Empire State Realty Trust Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
AMT | 90.9B | 11.2B | 46.04 | 8.11 | ||||
CCI | 44.7B | 6.8B | 32.06 | 6.53 | ||||
AVB | 28.3B | 2.8B | 29.6 | 10.08 | ||||
ARE | 21.7B | 3.0B | 110.61 | 7.35 | ||||
AMH | 13.5B | - | 31.9 | 8.3 | ||||
REG | 11.3B | 1.4B | 30.12 | 8.22 | ||||
BXP | 9.9B | 3.3B | 51.64 | 3 | ||||
MID-CAP | ||||||||
FRT | 8.5B | 1.2B | 35.59 | 7.38 | ||||
SLG | 3.4B | 892.3M | -6.71 | 3.85 | ||||
MAC | 3.4B | 878.0M | -9.8 | 3.82 | ||||
SMALL-CAP | ||||||||
AAT | 1.4B | 444.1M | 20.36 | 3.15 | ||||
AIV | 1.2B | 198.2M | -7.55 | 6.02 | ||||
MFA | 1.1B | 650.2M | 36.77 | 1.73 | ||||
NYMT | 572.0M | 285.4M | -4.15 | 2 | ||||
IVR | 459.4M | 277.2M | -56.03 | 1.66 |
Empire State Realty Trust Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | -6.1% | 181 | 193 | 192 | 191 | 165 | 181 | 184 | 198 | 164 | 160 | 165 | 153 | 145 | 151 | 147 | 141 | 170 | 195 | 193 | 176 | 167 |
Operating Expenses | -1.3% | 150 | 152 | 149 | 144 | 147 | 142 | 148 | 152 | 158 | 139 | 152 | 127 | 127 | 132 | 135 | 141 | 143 | 148 | 148 | 140 | 141 |
S&GA Expenses | -100.0% | - | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 | 15.00 | 18.00 | 16.00 | 17.00 | 14.00 | 16.00 | 14.00 |
EBITDA Margin | -2.8% | 0.50* | 0.51* | 0.52* | 0.51* | 0.54* | 0.53* | 0.51* | 0.51* | 0.45* | 0.45* | 0.46* | 0.43* | 0.41* | 0.41* | 0.43* | 0.45* | 0.47* | 0.48* | 0.49* | 0.50* | 0.51* |
Interest Expenses | -1.0% | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 26.00 | 26.00 | 25.00 | 25.00 | 24.00 | 24.00 | 23.00 | 24.00 | 23.00 | 23.00 | 24.00 | 20.00 | 19.00 | 19.00 | 21.00 | 21.00 |
Income Taxes | -136.6% | -0.65 | 2.00 | 1.00 | 1.00 | -1.22 | 1.00 | 1.00 | 0.00 | -1.60 | 2.00 | 0.00 | -1.18 | -2.11 | -4.18 | 0.00 | -2.45 | -0.38 | 1.00 | 1.00 | 1.00 | -0.73 |
Earnings Before Taxes | -45.7% | 10.00 | 18.00 | 21.00 | 38.00 | 10.00 | 23.00 | 12.00 | 49.00 | -18.82 | -2.54 | -10.16 | 3.00 | -5.30 | -3.47 | -12.23 | -22.07 | 8.00 | 30.00 | 28.00 | 20.00 | 9.00 |
EBT Margin | -3.2% | 0.11* | 0.12* | 0.13* | 0.11* | 0.13* | 0.09* | 0.06* | 0.03* | -0.04* | -0.02* | -0.03* | -0.03* | -0.07* | -0.05* | 0.01* | 0.06* | 0.12* | 0.12* | 0.13* | 0.14* | 0.15* |
Net Income | -35.5% | 10.00 | 16.00 | 20.00 | 37.00 | 12.00 | 22.00 | 10.00 | 49.00 | -17.22 | -4.07 | -10.18 | 4.00 | -3.19 | 1.00 | -12.27 | -19.62 | 8.00 | 29.00 | 27.00 | 19.00 | 10.00 |
Net Income Margin | -3.9% | 0.11* | 0.11* | 0.12* | 0.11* | 0.13* | 0.09* | 0.05* | 0.03* | -0.04* | -0.02* | -0.01* | -0.02* | -0.06* | -0.04* | 0.01* | 0.06* | 0.11* | 0.12* | 0.13* | 0.13* | 0.15* |
Free Cashflow | 94.6% | 71.00 | 36.00 | 90.00 | 20.00 | 86.00 | 37.00 | 90.00 | 16.00 | 68.00 | 45.00 | 83.00 | 10.00 | 73.00 | 19.00 | 89.00 | 10.00 | 65.00 | 34.00 | 109 | 11.00 | 78.00 |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | -0.7% | 4,191 | 4,219 | 4,217 | 4,185 | 4,157 | 4,164 | 4,201 | 4,217 | 4,243 | 4,282 | 4,112 | 4,123 | 4,152 | 4,151 | 4,011 | 4,550 | 4,665 | 3,932 | 3,925 | 4,156 | 4,192 |
Cash Equivalents | -3.8% | 334 | 347 | 354 | 315 | 273 | 264 | 387 | 359 | 430 | 424 | 582 | 541 | 567 | 527 | 373 | 873 | 1,009 | 234 | 294 | 375 | 243 |
Goodwill | 0.0% | 492 | 491 | 491 | 491 | 492 | 491 | 491 | 491 | 491 | 491 | 492 | 491 | 492 | 491 | 491 | 491 | 491 | 491 | 492 | 492 | 492 |
Liabilities | -0.9% | 2,466 | 2,488 | 2,483 | 2,473 | 2,480 | 2,481 | 2,527 | 2,551 | 2,581 | 2,598 | 2,398 | 2,390 | 2,420 | 2,419 | 2,267 | 2,794 | 2,815 | 1,984 | 1,985 | 2,208 | 2,225 |
Long Term Debt | 0.0% | 974 | 974 | 974 | 974 | 974 | 974 | 974 | 974 | 973 | 973 | 973 | 973 | 973 | 973 | 973 | 973 | 973 | 798 | 606 | 607 | 608 |
Shareholder's Equity | 75.0% | 1,725 | 986 | 987 | 1,712 | 1,677 | 954 | 1,674 | 1,666 | 1,662 | 1,684 | 1,714 | 1,733 | 1,731 | 1,731 | 1,744 | 1,756 | 1,850 | 1,948 | 1,940 | 1,948 | 1,967 |
Retained Earnings | -0.1% | -83.21 | -83.11 | -86.51 | -92.39 | -108 | -109 | -116 | -114 | -129 | -133 | -88.65 | -73.26 | -69.27 | -65.67 | -64.29 | -56.09 | -16.97 | 16.00 | 18.00 | 21.00 | 29.00 |
Additional Paid-In Capital | 0.5% | 1,066 | 1,061 | 1,059 | 1,047 | 1,052 | 1,055 | 1,060 | 1,077 | 1,119 | 1,151 | 1,149 | 1,152 | 1,148 | 1,148 | 1,162 | 1,166 | 1,196 | 1,232 | 1,226 | 1,213 | 1,207 |
Shares Outstanding | 1.5% | 163 | 161 | 162 | 161 | 161 | 165 | 166 | 168 | 170 | 172 | 172 | 172 | 172 | 175 | 176 | 178 | 182 | 178 | 177 | 176 | 176 |
Minority Interest | - | - | - | - | - | - | - | - | - | - | - | 645 | 648 | 648 | 646 | 645 | 646 | 671 | 690 | 710 | 724 | 735 |
Float | - | - | - | - | 1,197 | - | - | - | 1,144 | - | - | - | 2,069 | - | - | - | 1,206 | - | - | - | 2,621 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | 94.6% | 70,926 | 36,443 | 90,142 | 19,543 | 86,363 | 37,188 | 90,307 | 15,985 | 67,693 | 45,459 | 83,298 | 10,329 | 73,400 | 18,740 | 89,130 | 9,649 | 64,774 | 34,218 | 109,093 | 11,378 | 77,902 |
Share Based Compensation | -34.9% | 3,449 | 5,294 | 4,989 | 5,369 | 4,374 | 5,412 | 5,374 | 5,765 | 4,460 | 4,844 | 5,378 | 5,304 | 4,734 | 5,321 | 5,504 | 8,779 | 5,891 | 5,465 | 3,647 | 6,326 | 5,419 |
Cashflow From Investing | -87.7% | -71,269 | -37,961 | -52,123 | 15,375 | -2,631 | -141,775 | -32,471 | -21,669 | -34,976 | -141,982 | -22,315 | -27,633 | -20,812 | -29,764 | -33,641 | -39,103 | -40,610 | -60,588 | 90,980 | 130,515 | -11,163 |
Cashflow From Financing | -70.7% | -21,302 | -12,479 | -12,874 | -19,941 | -17,579 | -20,550 | -30,780 | -64,224 | -24,688 | -49,806 | -18,586 | -11,523 | -13,130 | 151,010 | -559,384 | -84,562 | 750,103 | -32,352 | -283,132 | -33,191 | -32,876 |
Dividend Payments | -100.0% | - | 5,713 | 5,700 | 5,600 | 5,675 | 5,678 | 5,700 | 5,800 | 5,900 | 5,960 | 6,100 | 6,100 | - | 10.00 | - | 18,200 | 19,000 | 19,092 | 18,900 | 18,700 | 18,500 |
Buy Backs | - | - | - | - | 7,411 | 5,694 | 7,631 | 18,105 | 52,439 | 12,001 | 36,661 | 6,510 | - | 3,533 | 21,763 | 7,345 | 51,939 | 62,666 | - | - | - | - |
Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Revenues: | ||
Rental revenue | $ 153,882 | $ 140,091 |
Observatory revenue | 24,596 | 22,154 |
Third-party management and other fees | 265 | 427 |
Other revenue and fees | 2,436 | 1,950 |
Total revenues | 181,179 | 164,622 |
Operating expenses: | ||
Property operating expenses | 45,060 | 42,044 |
Ground rent expenses | 2,331 | 2,331 |
General and administrative expenses | 15,972 | 15,708 |
Observatory expenses | 8,431 | 7,855 |
Real estate taxes | 32,241 | 31,788 |
Depreciation and amortization | 46,081 | 47,408 |
Total operating expenses | 150,116 | 147,134 |
Total operating income (loss) | 31,063 | 17,488 |
Other income (expense): | ||
Interest income | 4,178 | 2,595 |
Interest expense | (25,128) | (25,304) |
Loss on early extinguishment of debt | (553) | 0 |
Gain on disposition of property | 0 | 15,696 |
Income (loss) before income taxes | 9,560 | 10,475 |
Income tax benefit | 655 | 1,219 |
Net income (loss) | 10,215 | 11,694 |
Net (income) loss attributable to non-controlling interests: | ||
Non-controlling interest in the Operating Partnership | (3,500) | (4,168) |
Non-controlling interests in other partnerships | (4) | 43 |
Private perpetual preferred unit distributions | (1,050) | (1,050) |
Net income attributable to common stockholders | $ 5,661 | $ 6,519 |
Total weighted average shares: | ||
Basic (in shares) | 163,491 | 161,339 |
Diluted (in shares) | 267,494 | 265,197 |
Earnings per share attributable to common stockholders: | ||
Basic (in USD per share) | $ 0.03 | $ 0.04 |
Diluted (in USD per share) | 0.03 | 0.04 |
Dividends per share (in USD per share) | $ 0.035 | $ 0.035 |
Condensed Consolidated Balance Sheets - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Commercial real estate properties, at cost: | ||
Land | $ 366,357 | $ 366,357 |
Development costs | 8,187 | 8,178 |
Building and improvements | 3,327,773 | 3,280,657 |
Commercial real estate properties, at cost | 3,702,317 | 3,655,192 |
Less: accumulated depreciation | (1,288,519) | (1,250,062) |
Commercial real estate properties, net | 2,413,798 | 2,405,130 |
Cash and cash equivalents | 333,573 | 346,620 |
Restricted cash | 51,738 | 60,336 |
Tenant and other receivables | 40,137 | 39,836 |
Deferred rent receivables | 257,266 | 255,628 |
Prepaid expenses and other assets | 74,472 | 98,167 |
Deferred costs, net | 180,462 | 172,457 |
Acquired below-market ground leases, net | 319,284 | 321,241 |
Right of use assets | 28,378 | 28,439 |
Goodwill | 491,479 | 491,479 |
Total assets | 4,190,587 | 4,219,333 |
Liabilities: | ||
Mortgage notes payable, net | 876,497 | 877,388 |
Senior unsecured notes, net | 973,926 | 973,872 |
Unsecured term loan facilities, net | 268,503 | 389,286 |
Unsecured revolving credit facility | 120,000 | 0 |
Accounts payable and accrued expenses | 91,005 | 99,756 |
Acquired below-market leases, net | 12,798 | 13,750 |
Ground lease liabilities | 28,378 | 28,439 |
Deferred revenue and other liabilities | 69,289 | 70,298 |
Tenants’ security deposits | 25,457 | 35,499 |
Total liabilities | 2,465,853 | 2,488,288 |
Commitments and contingencies | ||
Empire State Realty Trust, Inc. stockholders' equity: | ||
Preferred stock, $0.01 par value, 50,000 shares authorized, none issued or outstanding | 0 | 0 |
Additional paid-in capital | 1,066,030 | 1,060,969 |
Accumulated other comprehensive income | 11,656 | 6,026 |
Retained deficit | (83,212) | (83,108) |
Total Empire State Realty Trust, Inc. stockholders' equity | 996,122 | 985,518 |
Non-controlling interests in the Operating Partnership | 698,672 | 700,180 |
Non-controlling interests in other partnerships | 0 | 15,407 |
Private perpetual preferred units: | ||
Total equity | 1,724,734 | 1,731,045 |
Total liabilities and equity | 4,190,587 | 4,219,333 |
Class A Common Stock | ||
Empire State Realty Trust, Inc. stockholders' equity: | ||
Common stock | 1,638 | 1,621 |
Class B Common Stock | ||
Empire State Realty Trust, Inc. stockholders' equity: | ||
Common stock | 10 | 10 |
Private Perpetual Preferred Units, Series 2019 | ||
Private perpetual preferred units: | ||
Private perpetual preferred units | 21,936 | 21,936 |
Private Perpetual Preferred Units, Series 2014 | ||
Private perpetual preferred units: | ||
Private perpetual preferred units | $ 8,004 | $ 8,004 |