empire state realty trust, inc. (nyse: esrt), a leading real estate investment trust (reit), owns, manages, operates, acquires and repositions office and retail properties in manhattan and the greater new york metropolitan area, including the empire state building, the world's most famous building. headquartered in new york, new york, the company's office and retail portfolio covers 10.0 million rentable square feet, as of june 30, 2015, consisting of 9.3 million rentable square feet in 14 office properties, including nine in manhattan, three in fairfield county, connecticut and two in westchester county, new york; and approximately 720,000 rentable square feet in the retail portfolio.
Company profile
Ticker
ESRT
Exchange
Website
CEO
Anthony Malkin
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Empire State Realty OP, L.P. • ESRT 10 BK St., L.L.C. • ESRT 10 Union Square, L.L.C. • ESRT 103-107 Main St., L.L.C. • ESRT 112 West 34th Street GP, L.L.C. • ESRT 112 West 34th Street, L.P. • ESRT 1333 Broadway, L.L.C. • ESRT 1333 Broadway LL TRS, L.L.C. • ESRT 1350 Broadway, L.L.C. • ESRT 1359 Broadway, L.L.C. ...
IRS number
371645259
ESRT stock data
Latest filings (excl ownership)
8-K
Empire State Realty Trust Announces First Quarter 2024 Results
24 Apr 24
8-K
EMPIRE STATE REALTY TRUST ANNOUNCES PRIVATE PLACEMENT OF $225 MILLION of Green SENIOR UNSECURED NOTES
11 Apr 24
8-K
Regulation FD Disclosure
4 Apr 24
DEFA14A
Additional proxy soliciting materials
28 Mar 24
DEF 14A
Definitive proxy
28 Mar 24
ARS
2023 FY
Annual report to shareholders
28 Mar 24
8-K
Entry into a Material Definitive Agreement
13 Mar 24
10-K
2023 FY
Annual report
28 Feb 24
8-K
Empire State Realty Trust Announces Fourth Quarter
20 Feb 24
8-K
Empire State Realty Trust Appoints
20 Feb 24
Transcripts
ESRT
Earnings call transcript
2024 Q1
25 Apr 24
ESRT
Earnings call transcript
2023 Q4
21 Feb 24
ESRT
Earnings call transcript
2023 Q3
26 Oct 23
ESRT
Earnings call transcript
2023 Q2
27 Jul 23
ESRT
Earnings call transcript
2023 Q1
27 Apr 23
ESRT
Earnings call transcript
2022 Q4
16 Feb 23
ESRT
Earnings call transcript
2022 Q3
27 Oct 22
ESRT
Earnings call transcript
2022 Q2
28 Jul 22
ESRT
Earnings call transcript
2022 Q1
28 Apr 22
ESRT
Earnings call transcript
2021 Q4
17 Feb 22
Latest ownership filings
4
Stephen Horn
15 Mar 24
4
Christina Chiu
15 Mar 24
4
Thomas P. Durels
15 Mar 24
4
ANTHONY E MALKIN
15 Mar 24
4
Thomas P. Durels
14 Feb 24
4
ANTHONY E MALKIN
14 Feb 24
4
Christina Chiu
14 Feb 24
4
Stephen Horn
14 Feb 24
SC 13G/A
SOUTHEASTERN ASSET MANAGEMENT INC/TN/
14 Feb 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 420.95 mm | 420.95 mm | 420.95 mm | 420.95 mm | 420.95 mm | 420.95 mm |
Cash burn (monthly) | (no burn) | 1.57 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 10.85 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 410.10 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 260.9 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
87.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 199 |
Opened positions | 32 |
Closed positions | 27 |
Increased positions | 68 |
Reduced positions | 57 |
13F shares | Current |
---|---|
Total value | 897.56 bn |
Total shares | 142.15 mm |
Total puts | 56.90 k |
Total calls | 38.60 k |
Total put/call ratio | 1.5 |
Largest owners | Shares | Value |
---|---|---|
Quark Holding | 29.89 mm | $425.40 mm |
Vanguard | 19.08 mm | $153.36 bn |
BLK Blackrock | 13.94 mm | $112.05 bn |
Massachusetts Financial Services | 10.96 mm | $88.15 bn |
STT State Street | 6.78 mm | $54.48 bn |
Southeastern Asset Management | 4.91 mm | $39.49 bn |
Wellington Management | 4.88 mm | $39.22 bn |
William Blair Investment Management | 3.85 mm | $30.96 bn |
AMP Ameriprise Financial | 3.43 mm | $27.60 bn |
Charles Schwab Investment Management | 3.04 mm | $24.44 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
13 Mar 24 | Malkin Anthony E | LTIP Units Class A Common Stock | Grant | Acquire A | No | No | 0 | 285,615 | 0.00 | 4,531,673 |
13 Mar 24 | Malkin Anthony E | LTIP Units Class A Common Stock | Grant | Acquire A | No | No | 0 | 323,824 | 0.00 | 4,246,058 |
13 Mar 24 | Durels Thomas P. | LTIP Units Class A Common Stock | Grant | Acquire A | No | No | 0 | 105,376 | 0.00 | 2,462,151 |
13 Mar 24 | Durels Thomas P. | LTIP Units Class A Common Stock | Grant | Acquire A | No | No | 0 | 123,414 | 0.00 | 2,356,775 |
13 Mar 24 | Durels Thomas P. | LTIP Units Class A Common Stock | Grant | Acquire A | No | No | 0 | 107,508 | 0.00 | 2,233,361 |
13 Mar 24 | Christina Chiu | LTIP Units Class A Common Stock | Grant | Acquire A | No | No | 0 | 124,072 | 0.00 | 968,931 |
13 Mar 24 | Christina Chiu | LTIP Units Class A Common Stock | Grant | Acquire A | No | No | 0 | 99,100 | 0.00 | 844,859 |
13 Mar 24 | Stephen Horn | LTIP Units Class A Common Stock | Grant | Acquire A | No | No | 0 | 22,332 | 0.00 | 77,908 |
12 Feb 24 | Christina Chiu | LTIP Units Class A Common Stock | Grant | Acquire A | No | No | 0 | 21,194 | 0.00 | 670,933 |
12 Feb 24 | Christina Chiu | LTIP Units Class A Common Stock | Grant | Acquire A | No | No | 0 | 86,546 | 0.00 | 649,739 |
News
Empire State Realty Trust Q1 2024 FFO $0.21 Beats $0.19 Estimate, Sales $153.882M Miss $174.385M Estimate
24 Apr 24
Empire State Realty Trust Announced Today That It Signed A New 11-Year Office Lease With Sol De Janeiro USA
21 Feb 24
Empire State Realty Trust Appoints Christina Chiu As President, Stephen V. Horn As Chief Financial Officer & Chief Accounting Officer; Anthony E. Malkin Will Continue To Serve As Chairman And Chief Executive Officer
20 Feb 24
Empire State Realty Trust Q4 2023 FFO $0.25 Beats $0.21 Estimate, Sales $151.17M Miss $186.47M Estimate
20 Feb 24
Press releases
Empire State Realty Trust Announces First Quarter 2024 Results
24 Apr 24
Empire State Realty Trust Announces Private Placement of $225 Million of Green Senior Unsecured Notes
10 Apr 24
Empire State Realty Trust Announces Date of 2024 Annual Meeting of Shareholders
8 Apr 24
Empire State Realty Trust Receives WELL Health-Safety Leadership Award; Becomes Among the First Commercial Office and Multifamily Portfolios in the U.S. to Achieve the WELL Equity Rating Through WELL at Scale
28 Mar 24
Empire State Realty Trust Achieves 2024 ENERGY STAR Sustained Excellence Award
26 Mar 24