Empire State Realty Trust, Inc. (ESRT) Stock

About Empire State Realty Trust, Inc.

Empire State Realty Trust, Inc. (NYSE: ESRT) functions as a leading real estate investment trust (REIT), focused on the acquisition, ownership, management, operation, and revitalization of commercial office and retail assets across Manhattan and the broader New York metropolitan region. Its notable properties include the iconic Empire State Building, globally renowned as "The World's Most Famous Building." Based in New York, New York, the company's diverse portfolio encompassed 10.1 million rentable square feet as of September 30, 2020. This total comprised 9.4 million rentable square feet across 14 office properties – specifically, nine situated in Manhattan, three in Fairfield County, Connecticut, and two in Westchester County, New York – in addition to approximately 700,000 rentable square feet in retail spaces. ESRT has consistently demonstrated leadership in energy efficiency retrofits and maintaining superior Indoor Environmental Quality, achieving the distinction of being the first commercial real estate portfolio in the U.S. to obtain the WELL Health-Safety Rating.

Empire State Realty Trust, Inc. is headquartered in US.

Empire State Realty Trust, Inc. (ESRT) stock trades at $5.43 with a market capitalization of $931.03M. The stock is valued at a price-to-earnings (P/E) ratio of 25.15, price-to-book of 0.87, price-to-sales of 1.20. Over the past 52 weeks the stock has ranged between $4.87 and $8.27, and currently trades 34.3% below its 52-week high. It pays a dividend yielding 2.58%.

On profitability, Empire State Realty Trust, Inc. generates a return on equity (ROE) of 3.77%, return on capital employed of 3.38%, an operating margin of 17.91%, a net profit margin of 5.09%.

Official website: www.empirestaterealtytrust.com