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ESRT

Empire State Realty Trust, Inc.

Empire State Realty Trust, Inc. (ESRT) has a dated report snapshot, but its current priced-in claim is temporarily suppressed because the live engine record is unavailable or has changed.

Live priced in
temporarily suppressed
Priced In
within-range

Key Takeaways

• Empire State Realty Trust pairs a modernized Manhattan office book, 93% leased for a thirteenth straight quarter above 90%, with the iconic Empire State Building Observatory, a high-margin attraction guided to $87 million to $92 million of NOI that a pure office multiple cannot capture. • The biggest specific risk is the split valuation and concentration: asset-value and earnings-power methods price the real estate below the public quote in a reset NYC office market, and the Observatory's reve

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Institutional ownership

210 institutional managers reported holding ESRT in 13F filings for the quarter ended 2026-03-31. Together they hold about 53% of the company; the top 10 hold 35%. 35 opened new positions that quarter. Held by Vanguard Group, BlackRock, Cohen & Steers, among others. On the short side, 12.1M shares were sold short as of the 2026-06-15 count, about 4% of shares outstanding (3.8 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

ESRT has cut its share count 0.5% over the past five years, spending $244.77M on repurchases. It pays a dividend, and has paid one every year in our records (13 and counting); the current rate is $0.14 a share annually. Cash returned over the past three years: $64.36M in dividends and $98.32M in repurchases.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

No open-market insider buys on file at ESRT over the trailing three years. Absence is a fact about the company, not a signal. 3 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

ESRT's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-08-05+7.0%-13.2%
2023-11-09+4.8%+18.9%
2024-02-29-2.5%-6.6%
2024-05-08-3.8%+2.3%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

ESRT's latest 8-K filings: 2026-07-17 (items 1.01, 2.03, 9.01); 2026-06-02 (items 7.01, 9.01); 2026-05-19 (items 5.07); 2026-04-29 (items 2.02, 7.01, 9.01); 2026-04-15 (items 1.01, 2.03, 9.01).

Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.

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Last analyzed: June 27, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.