Last $17.70 USD
Change Today -0.11 / -0.62%
Volume 929.0K
ESRT On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 02/27/15 All times are local (Market data is delayed by at least 15 minutes).

empire state realty trust-a (ESRT) Snapshot

Open
$17.78
Previous Close
$17.81
Day High
$17.79
Day Low
$17.53
52 Week High
02/6/15 - $18.65
52 Week Low
04/15/14 - $14.60
Market Cap
1.9B
Average Volume 10 Days
674.3K
EPS TTM
$0.76
Shares Outstanding
109.0M
EX-Date
03/11/15
P/E TM
23.3x
Dividend
$0.34
Dividend Yield
1.92%
Current Stock Chart for EMPIRE STATE REALTY TRUST-A (ESRT)

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empire state realty trust-a (ESRT) Details

Empire State Realty Trust, Inc., a real estate investment trust (REIT), focuses on owning, managing, operating, and acquiring office and retail properties in Manhattan and the greater New York metropolitan area. It also intends to provide construction services to tenants and other entities. The company, formerly known as Empire Realty Trust, Inc., is based in New York, New York.

empire state realty trust-a (ESRT) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $1.4M
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $653.8K
Executive Vice President and Director of Leas...
Total Annual Compensation: $603.8K
Executive Vice President, General Counsel and...
Total Annual Compensation: $503.8K
Compensation as of Fiscal Year 2013.

empire state realty trust-a (ESRT) Key Developments

Empire State Realty Trust, Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014

Empire State Realty Trust, Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported total revenues of $170,411,000 compared to $127,583,000 a year ago. Total operating income was $31,282,000 compared to operating loss of $117,110,000 a year ago. Income before income taxes was $11,466,000 compared to $192,306,000 a year ago. Net income attributable to common stockholders was $4,142,000 or $0.04 per basic and diluted share compared to $75,245,000 or $0.79 per basic and diluted share a year ago. Modified FFO was $61,441,000 or $0.23 per basic and diluted share compared to $221,181,000 or $0.90 per basic and diluted share a year ago. Core FFO was $65,212,000 or $0.25 per basic and diluted share compared to $41,793,000 or $0.17 per basic and diluted share a year ago. EBITDA was $79,846,000 compared to $48,405,000 a year ago. For the year, the company reported total revenues of $635,326,000, total operating income of $141,321,000, income before income taxes of $74,865,000 and net income attributable to common stockholders of $26,667,000 or $0.86 per basic and diluted share. Modified FFO was $219,452,000 or $0.23 per basic and diluted share. Core FFO was $227,422,000 or $0.89 per basic and diluted share.

Empire State Realty Trust Seeks Acquisitions

Empire State Realty Trust, Inc. (NYSE:ESRT) is seeking acquisitions. Empire State Realty Trust said, "We continued to improve our low leveraged balance sheet as we unencumbered assets, extended the weighted average term maturity and converted our secured corporate credit facility to an unsecured facility. All these balance sheet changes support our ability to fund our future capital plan and acquisitions as, and when, we make them.”

Empire State Realty Trust, Inc. Announces Amendments to the Bylaws

On and effective February 18, 2015, the Board of Directors of Empire State Realty Trust, Inc. amended the company's Bylaws to add a provision designating the federal courts of the United States sitting in the Southern District of New York (or, if such courts do not have jurisdiction, the state courts sitting in New York County, New York) as the exclusive forum for certain legal actions, unless the company consents in writing to an alternative forum.

 

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Valuation ESRT Industry Range
Price/Earnings 100.0x
Price/Sales 2.9x
Price/Book 1.3x
Price/Cash Flow 10.5x
TEV/Sales 0.3x
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