Empire State Realty Trust, Inc. (ESRT)
Company Info
| ISIN | US2921041065 |
|---|---|
| CUSIP | 292104106 |
| Sector | Real Estate |
| Industry | REIT - Diversified |
| IPO Date | Oct 2, 2013 |
Highlights
| Market Cap | $3.05B |
|---|---|
| EPS (TTM) | $0.27 |
| PE Ratio | 39.30 |
| PEG Ratio | 7.63 |
| Total Revenue (TTM) | $763.20M |
| Gross Profit (TTM) | $272.52M |
| EBITDA (TTM) | $339.85M |
| Year Range | $8.27 - $11.62 |
| Target Price | $11.50 |
| Short % | 3.89% |
| Short Ratio | 4.26 |
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: ESRT vs. DBRG, ESRT vs. BRK-B, ESRT vs. WELL, ESRT vs. SPY, ESRT vs. VICI, ESRT vs. VNQ
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Empire State Realty Trust, Inc., comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Empire State Realty Trust, Inc. had a return of 9.93% year-to-date (YTD) and 20.39% in the last 12 months. Over the past 10 years, Empire State Realty Trust, Inc. had an annualized return of -2.26%, while the S&P 500 had an annualized return of 11.31%, indicating that Empire State Realty Trust, Inc. did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 9.93% | 24.72% |
| 1 month | -6.56% | 2.30% |
| 6 months | 9.65% | 12.31% |
| 1 year | 20.39% | 32.12% |
| 5 years (annualized) | -4.29% | 13.81% |
| 10 years (annualized) | -2.26% | 11.31% |
Monthly Returns
The table below presents the monthly returns of ESRT, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.75% | 4.73% | 1.97% | -10.17% | 4.73% | -1.21% | 14.82% | 0.19% | 3.03% | -4.33% | 9.93% | ||
| 2023 | 23.74% | -12.59% | -10.53% | -5.85% | 0.98% | 22.00% | 19.49% | -2.46% | -7.53% | 0.62% | 10.75% | 8.54% | 46.32% |
| 2022 | 0.22% | 6.05% | 4.20% | -12.02% | -7.41% | -11.67% | 21.34% | -18.29% | -5.43% | 12.35% | 4.61% | -12.13% | -22.82% |
| 2021 | 5.79% | 11.66% | 1.09% | 2.34% | 3.86% | 1.67% | -4.75% | -10.15% | -2.05% | -3.49% | -6.09% | -1.77% | -3.70% |
| 2020 | -2.87% | -13.72% | -22.57% | -6.70% | -20.69% | 7.17% | -5.71% | -4.55% | -2.86% | -12.09% | 68.22% | 2.98% | -31.48% |
| 2019 | 8.64% | -1.55% | 4.49% | -2.15% | -0.65% | -2.91% | -5.40% | 0.36% | 2.22% | 1.40% | -3.52% | 0.76% | 0.90% |
| 2018 | -4.77% | -13.76% | 0.20% | 3.75% | -2.64% | 1.46% | -2.51% | 5.52% | -4.99% | -4.52% | 2.08% | -11.51% | -28.91% |
| 2017 | 1.49% | 6.44% | -4.87% | 0.78% | 0.00% | 0.34% | 0.58% | -2.58% | 1.46% | -2.39% | 1.25% | 1.65% | 3.77% |
| 2016 | -8.41% | -5.26% | 12.37% | 5.59% | 2.38% | 0.76% | 10.53% | 2.29% | -1.92% | -6.59% | 3.07% | 0.61% | 14.08% |
| 2015 | 3.53% | -2.75% | 6.79% | -4.31% | 0.44% | -5.19% | 4.22% | -8.83% | 5.60% | 4.64% | 3.20% | -1.27% | 4.81% |
| 2014 | -4.18% | 4.50% | -0.81% | 1.26% | 7.12% | 1.18% | -1.58% | 1.23% | -8.15% | 6.26% | 5.01% | 5.41% | 17.33% |
| 2013 | 8.02% | 2.12% | 6.48% | 17.46% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of ESRT is 60, suggesting that the investment has average results relative to other stocks in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Empire State Realty Trust, Inc. (ESRT) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Empire State Realty Trust, Inc. provided a 1.33% dividend yield over the last twelve months, with an annual payout of $0.14 per share. The company has been increasing its dividends for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.14 | $0.14 | $0.14 | $0.11 | $0.21 | $0.42 | $0.42 | $0.42 | $0.40 | $0.34 | $0.34 | $0.08 |
Dividend yield | 1.33% | 1.44% | 2.08% | 1.18% | 2.25% | 3.01% | 2.95% | 2.05% | 1.98% | 1.88% | 1.93% | 0.52% |
Monthly Dividends
The table displays the monthly dividend distributions for Empire State Realty Trust, Inc.. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.11 | |
| 2023 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.14 |
| 2022 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.14 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.11 |
| 2020 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.21 |
| 2019 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.42 |
| 2018 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.42 |
| 2017 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.42 |
| 2016 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.40 |
| 2015 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.34 |
| 2014 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.34 |
| 2013 | $0.08 | $0.08 |
Dividend Yield & Payout
Dividend Yield
Payout Ratio
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Empire State Realty Trust, Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Empire State Realty Trust, Inc. was 72.91%, occurring on Oct 30, 2020. The portfolio has not yet recovered.
The current Empire State Realty Trust, Inc. drawdown is 43.89%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -72.91% | Sep 8, 2016 | 1045 | Oct 30, 2020 | — | — | — |
| -21.48% | Mar 24, 2015 | 225 | Feb 11, 2016 | 52 | Apr 27, 2016 | 277 |
| -12.43% | Jun 6, 2014 | 86 | Oct 7, 2014 | 43 | Dec 8, 2014 | 129 |
| -8.75% | Dec 23, 2013 | 30 | Feb 5, 2014 | 60 | May 2, 2014 | 90 |
| -7.15% | Oct 28, 2013 | 10 | Nov 8, 2013 | 20 | Dec 9, 2013 | 30 |
Volatility
Volatility Chart
The current Empire State Realty Trust, Inc. volatility is 5.60%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Financials
Financial Performance
Valuation
The Valuation section provides an assessment of the market value of Empire State Realty Trust, Inc. compared to its peers in the REIT - Diversified industry.
PE Ratio
The chart displays the price to earnings (P/E) ratio for ESRT in comparison to other companies of the REIT - Diversified industry. Currently, ESRT has a PE value of 39.3. This PE ratio is much higher than those of other companies of the industry. This might be an indicator of the company being overvalued.PEG Ratio
The chart displays the price to earnings to growth (PEG) ratio for ESRT in comparison to other companies of the REIT - Diversified industry. Currently, ESRT has a PEG value of 7.6. This PEG ratio is much higher than those of other companies of the industry. This might be an indicator of the company being overvalued.Historical P/E Ratio Chart
The chart below displays the historical trend of the price-to-earnings (P/E) ratio for Empire State Realty Trust, Inc..
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Income Statement
| TTM | |
|---|---|
| Revenue | |
Total Revenue | — |
Cost Of Revenue | — |
Gross Profit | — |
| Operating Expenses | |
Selling, General & Admin Expenses | — |
R&D Expenses | — |
Depreciation And Amortization | — |
Total Operating Expenses | — |
| Income | |
Income Before Tax | — |
Operating Income | — |
EBITDA | — |
EBIT | — |
Earnings From Continuing Operations | — |
Net Income | — |
Income Tax Expense | — |
Other Non-Operating Income (Expenses) | — |
Extraordinary Items | — |
Discontinued Operations | — |
Effect Of Accounting Charges | — |
Non Recurring | — |
Minority Interest | — |
Other Items | — |
Interest Income | — |
Interest Expense | — |
Net Interest Income | — |