ESRT
Empire State Realty Trust, Inc.
NYSEUSDEQUITY
Real Estate
DELAYED
Neutral
-17/100
Last price
4.39
▼ 0.04 (1.02%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
4.45
Prev close
4.43
Day high
4.45
Day low
4.34
Volume
1.14M
Market cap
$1.34B
P/E (TTM)
219.25
52W range
3.93 – 8.04
Day trading desk
Gap from prior close
+0.45%
Prior close 4.43
VWAP
4.36
+0.55% from price
Relative volume
0.53×
Quiet session
Session range
2.65%
4.34 – 4.45
Position in range
43%
Mid range
ATR (14D)
0.15
3.36% of price
Prior day high
4.46
PDH
Prior day low
4.30
PDL
Bid / ask spread
—
Quote not published
Session volume
1.62M
Avg 3.03M
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
+8.81%
+7.2%
1M
-0.34%
-1.5%
3M
-18.65%
-21.7%
6M
-15.35%
-29.9%
YTD
-32.75%
-46.3%
1Y
-43.64%
-59.0%
3Y
-44.28%
-125.5%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on ESRT open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
10.20M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Mar 13, 26 | SUTHERLAND DONNA JEAN Officer |
STOCK | 11.58K | $0 | Direct |
| Mar 24, 25 | DURELS THOMAS P Officer |
SELL | 17.62K | $141.39K | Direct |
| Mar 20, 25 | DURELS THOMAS P Officer |
SELL | 25.00K | $203.25K | Direct |
| Dec 24, 24 | DURELS THOMAS P Officer |
SELL | 10.00K | $101.00K | Direct |
| Dec 18, 24 | DURELS THOMAS P Officer |
SELL | 3.19K | $34.80K | Direct |
| Dec 17, 24 | DURELS THOMAS P Officer |
— | 100.00K | — | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
DURELS THOMAS P |
Officer | 44.19K | Sale |
SUTHERLAND DONNA JEAN |
Officer | 17.84K | Stock Award(Grant) |
Fundamentals
Market cap$1.34B
Enterprise value$3.65B
Revenue (TTM)$782.82M
Gross profit$409.46M
EBITDA$320.08M
Net income$3.07M
EPS (TTM)$0.02
Free cash flow$284.91M
Total cash$96.05M
Total debt$2.23B
Book value / share$6.01
Shares outstanding172.17M
Float142.13M
Short % of float8.19%
Dividend yield3.16%
Beta (5Y)1.42
Valuation & profitability ratios
Trailing P/E219.25
Forward P/E73.08
PEG ratio37.36
Price / sales—
Price / book0.73
EV / revenue4.66
EV / EBITDA11.40
Gross margin52.31%
Operating margin16.73%
Profit margin0.93%
Return on equity0.52%
Return on assets2.05%
Debt / equity124.46
Current ratio1.45
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $767.81M | $763.15M | $739.57M | $707.01M | +0.6% |
| Operating revenue | $756.02M | $752.14M | $728.04M | $698.39M | +0.5% |
| Cost of revenue | $365.02M | $354.16M | $339.02M | $321.35M | +3.1% |
| Gross profit | $402.79M | $408.99M | $400.56M | $385.65M | -1.5% |
| Selling, general & admin | $72.84M | $70.23M | $63.94M | $61.77M | +3.7% |
| Total operating expense | $267.60M | $255.05M | $253.85M | $278.66M | +4.9% |
| Operating income | $135.19M | $153.94M | $146.71M | $107.00M | -12.2% |
| Net interest income | -$95.03M | -$88.41M | -$86.35M | -$96.26M | -7.5% |
| Pre-tax income | $75.54M | $83.05M | $87.12M | $64.76M | -9.0% |
| Tax provision | $2.56M | $2.69M | $2.71M | $1.55M | -4.8% |
| Net income | $47.60M | $51.64M | $53.24M | $40.64M | -7.8% |
| Net income to common | $43.40M | $47.44M | $49.04M | $36.44M | -8.5% |
| Basic EPS | 0.26 | 0.29 | 0.30 | 0.22 | -10.3% |
| Diluted EPS | 0.25 | 0.28 | 0.30 | 0.22 | -10.7% |
| EBIT | $179.32M | $192.76M | $188.61M | $165.96M | -7.0% |
| EBITDA | $374.08M | $377.57M | $378.52M | $382.86M | -0.9% |
| Basic shares | 168.54M | 164.90M | 161.12M | 165.04M | +2.2% |
| Diluted shares | 270.04M | 269.02M | 265.63M | 269.95M | +0.4% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $132.66M | $385.46M | $346.62M | $264.43M | -65.6% |
| Cash & short-term investments | $132.66M | $385.46M | $346.62M | $264.43M | -65.6% |
| Accounts receivable | $22.06M | $31.43M | $39.84M | $24.10M | -29.8% |
| Total current assets | $443.84M | $878.90M | $702.42M | $614.51M | -49.5% |
| Property, plant & equipment | $27.94M | $28.20M | $28.44M | $28.67M | -0.9% |
| Goodwill & intangibles | $797.06M | $804.89M | $812.72M | $820.55M | -1.0% |
| Total assets | $4.47B | $4.51B | $4.22B | $4.16B | -0.9% |
| Total current liabilities | $661.81M | $766.49M | $559.25M | $551.54M | -13.7% |
| Current debt | $481.79M | $566.40M | $389.29M | $388.77M | -14.9% |
| Long-term debt | $1.89B | $1.89B | $1.85B | $1.86B | +0.0% |
| Total debt | $2.40B | $2.48B | $2.27B | $2.27B | -3.4% |
| Total liabilities | $2.65B | $2.73B | $2.49B | $2.48B | -3.0% |
| Retained earnings | -$39.65M | -$58.89M | -$83.11M | -$109.47M | +32.7% |
| Shareholder equity | $1.06B | $1.03B | $985.52M | $954.38M | +2.8% |
| Working capital | -$217.97M | $112.42M | $143.16M | $62.97M | -293.9% |
| Net tangible assets | $262.94M | $225.81M | $172.80M | $133.82M | +16.4% |
| Shares issued | 170.50M | 167.38M | 163.05M | 161.13M | +1.9% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $72.98M | $80.36M | $84.41M | $63.21M | -9.2% |
| Depreciation & amortisation | $194.76M | $184.82M | $189.91M | $216.89M | +5.4% |
| Stock-based compensation | $25.17M | $21.70M | $20.03M | $21.01M | +16.0% |
| Change in working capital | -$4.28M | -$16.23M | -$30.03M | -$44.27M | +73.6% |
| Operating cash flow | $249.05M | $260.89M | $232.49M | $211.17M | -4.5% |
| Investing cash flow | -$550.01M | -$397.12M | -$77.34M | -$230.89M | -38.5% |
| Share buybacks | -$8.12M | $0 | -$13.11M | -$90.18M | — |
| Dividends paid | -$27.93M | -$27.42M | -$26.89M | -$27.31M | -1.8% |
| Financing cash flow | $38.17M | $158.58M | -$62.87M | -$140.24M | -75.9% |
| Free cash flow | $249.05M | $260.89M | $232.49M | $211.17M | -4.5% |
| End cash position | $166.51M | $429.30M | $406.96M | $314.68M | -61.2% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $196.90M | $188.97M | $199.22M | $197.73M | $190.79M | +4.2% |
| Operating revenue | $189.66M | $184.89M | $195.19M | $194.85M | $187.85M | +2.6% |
| Cost of revenue | $93.99M | $92.56M | $94.78M | $92.04M | $89.64M | +1.5% |
| Gross profit | $102.91M | $96.41M | $104.45M | $105.69M | $101.14M | +6.7% |
| Selling, general & admin | $25.12M | $18.09M | $18.47M | $18.74M | $18.68M | +38.9% |
| Total operating expense | $75.51M | $68.31M | $69.04M | $66.36M | $66.49M | +10.5% |
| Operating income | $27.40M | $28.10M | $35.41M | $39.33M | $34.66M | -2.5% |
| Net interest income | -$26.23M | -$27.52M | -$23.93M | -$24.04M | -$23.26M | +4.7% |
| Pre-tax income | -$40.32M | $1.93M | $33.23M | $15.29M | $11.86M | -2,185.9% |
| Tax provision | -$767.00K | -$1.06M | $1.05M | $1.65M | $478.00K | +27.8% |
| Net income | -$24.77M | $2.29M | $20.73M | $9.04M | $7.57M | -1,184.1% |
| Net income to common | -$25.82M | $1.24M | $19.68M | $7.99M | $6.52M | -2,190.9% |
| Basic EPS | -0.15 | 0.01 | 0.12 | 0.05 | 0.04 | -1,600.0% |
| Diluted EPS | -0.15 | 0.01 | 0.12 | 0.05 | 0.04 | -1,600.0% |
| EBIT | -$12.52M | $30.07M | $59.11M | $40.48M | $36.99M | -141.6% |
| EBITDA | $38.74M | $81.58M | $109.67M | $91.69M | $85.91M | -52.5% |
| Basic shares | 171.04M | 170.67M | 168.69M | 169.25M | 168.37M | +0.2% |
| Diluted shares | 268.95M | 269.35M | 270.33M | 270.36M | 269.95M | -0.1% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $85.61M | $68.82M | $132.66M | $154.11M | $94.64M | +24.4% |
| Cash & short-term investments | $85.61M | $68.82M | $132.66M | $154.11M | $94.64M | +24.4% |
| Accounts receivable | $21.27M | $23.67M | $22.06M | $27.42M | $28.12M | -10.1% |
| Total current assets | $406.56M | $391.09M | $443.84M | $484.24M | $420.12M | +4.0% |
| Property, plant & equipment | $42.08M | $27.88M | $27.94M | $28.01M | $28.07M | +50.9% |
| Goodwill & intangibles | $325.37M | $795.10M | $797.06M | $799.02M | $800.97M | -59.1% |
| Total assets | $4.27B | $4.41B | $4.47B | $4.11B | $4.08B | -3.0% |
| Total current liabilities | $694.70M | $596.49M | $661.81M | $444.76M | $428.53M | +16.5% |
| Current debt | $512.13M | $426.97M | $481.79M | $268.96M | $268.88M | +19.9% |
| Long-term debt | $1.71B | $1.89B | $1.89B | $1.79B | $1.79B | -9.4% |
| Total debt | $2.23B | $2.35B | $2.40B | $2.09B | $2.09B | -5.1% |
| Total liabilities | $2.48B | $2.58B | $2.65B | $2.31B | $2.29B | -3.8% |
| Retained earnings | -$76.30M | -$44.44M | -$39.65M | -$53.06M | -$55.10M | -71.7% |
| Shareholder equity | $1.04B | $1.06B | $1.06B | $1.04B | $1.04B | -2.4% |
| Working capital | -$288.14M | -$205.40M | -$217.97M | $39.48M | -$8.41M | -40.3% |
| Net tangible assets | $713.65M | $269.10M | $262.94M | $244.50M | $237.24M | +165.2% |
| Shares issued | 172.76M | 172.06M | 170.50M | 169.94M | 169.28M | +0.4% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Net income | -$39.55M | $3.00M | $32.17M | $13.64M | $11.38M | -1,420.7% |
| Depreciation & amortisation | $51.25M | $51.51M | $44.69M | $51.21M | $48.92M | -0.5% |
| Stock-based compensation | $11.18M | $5.87M | $6.81M | $6.48M | $6.90M | +90.4% |
| Change in working capital | -$34.60M | $12.34M | -$33.04M | $38.94M | -$38.91M | -380.4% |
| Operating cash flow | $19.54M | $68.91M | $33.90M | $105.29M | $26.71M | -71.6% |
| Investing cash flow | -$69.63M | -$64.67M | -$361.91M | -$32.53M | -$113.51M | -7.7% |
| Share buybacks | — | — | -$5.97M | $0 | — | — |
| Dividends paid | -$7.09M | -$7.07M | -$7.03M | -$7.00M | -$6.97M | -0.3% |
| Financing cash flow | $72.16M | -$64.61M | $296.77M | -$11.74M | -$13.89M | +211.7% |
| Free cash flow | $19.54M | $68.91M | $33.90M | $105.29M | $26.71M | -71.6% |
| End cash position | $128.22M | $106.15M | $166.51M | $197.75M | $136.73M | +20.8% |
Options analytics
Put / call volume
0.00
Call-heavy session
Put / call open interest
0.00
Positioning, not flow
Max pain
5.00
+14.0% from spot
ATM implied vol
78.9%
Nearest strike to spot
Skew (10% OTM)
—
—
Call volume
8
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
5.00
201 contracts
Heaviest put OI
—
—
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | — | — | $191.16M | -3.3% |
| Next quarter | — | — | $193.92M | -2.7% |
| Current year | — | — | $742.37M | -3.4% |
| Next year | — | — | $733.74M | -1.2% |
Analyst targets & ownership
Mean target$5.40
High target$7.00
Low target$5.00
Implied upside23.15%
Analyst count5
ConsensusHOLD
Strong buy / Buy0 / 2
Hold3
Sell / Strong sell1 / 0
Held by insiders5.89%
Held by institutions102.09%
Institutions holding318
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
4.17
+5.07% from price
SMA 20
4.17
+5.25% from price
SMA 50
4.51
-2.73% from price
SMA 100
5.00
-12.25% from price
SMA 200
5.43
-19.31% from price
EMA 12
4.22
+3.88% from price
EMA 26
4.29
+2.20% from price
EMA 50
4.51
-2.71% from price
RSI (14)
54.3
Neutral
MACD (12,26,9)
-0.07
Hist 0.06
ATR (14)
0.15
3.36% of price
Realised vol 30D
36.6%
Annualised
Bollinger upper
4.40
20, 2σ
Bollinger lower
3.93
20, 2σ
50 / 200 cross
Death
4.51 vs 5.43
Trend bias
Below 200
-19.31%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.44
Less volatile than market
Correlation to SPY
0.16
Largely independent
Realised vol 30D
36.6%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-50.7%
Peak to trough
Max drawdown 5Y
-65.6%
Peak to trough
ATR 14
0.15
3.36% of price
Beta (reported)
1.42
5Y monthly, from filing
Short interest
Shares short
11.64M
Prior 8.06M
Change vs prior
+44.4%
Shorts adding
% of float
8.19%
Normal
% of shares out
6.72%
Against total outstanding
Days to cover
4.1
Liquid
Float
142.13M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Sep 21, 26 | Evercore ISI Group | MAINTAINED | In-Line | In-Line |
| Sep 1, 26 | Wells Fargo | MAINTAINED | Underweight | Underweight |
| Aug 5, 26 | Citigroup | MAINTAINED | Neutral | Neutral |
| Jul 30, 26 | Evercore ISI Group | MAINTAINED | In-Line | In-Line |
| Jun 1, 26 | Wells Fargo | MAINTAINED | Underweight | Underweight |
| Apr 15, 26 | Citigroup | MAINTAINED | Neutral | Neutral |
| Mar 2, 26 | Wells Fargo | MAINTAINED | Underweight | Underweight |
| Feb 19, 26 | Citigroup | MAINTAINED | Neutral | Neutral |
| Feb 18, 26 | Evercore ISI Group | MAINTAINED | In-Line | In-Line |
| Nov 25, 25 | Wells Fargo | MAINTAINED | Underweight | Underweight |
| May 19, 25 | Wells Fargo | MAINTAINED | Underweight | Underweight |
| Nov 15, 24 | BMO Capital | MAINTAINED | Outperform | Outperform |
Dividends & splits
Forward rate$0.14 / yr
Forward yield3.16%
5-year avg yield1.64%
Payout ratio700.00%
Ex-dividend dateSep 15, 2026
Next pay dateSep 30, 2026
Last split—
Split date—
SEC filings
Periodic Financial Reports
10-Q · 2026-08-06
Corporate Changes & Voting Matters
8-K · 2026-07-29
Corporate Changes & Voting Matters
8-K · 2026-07-17
Corporate Changes & Voting Matters
8-K · 2026-06-02
Corporate Changes & Voting Matters
8-K · 2026-05-19
Offering Registrations
S-8 · 2026-05-15
Periodic Financial Reports
10-Q · 2026-05-07
Corporate Changes & Voting Matters
8-K · 2026-04-29
PRIVATE STRATEGY · BY QUALIFICATION
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