Empire State Realty Trust Inc (N:ESRT)
Business Focus: N/A
| Sector: N/A | Industry: N/A |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 111 West 33Rd Street, 12Th Fl NEW YORK NY 10120 |
| Tel: | N/A |
| Website: | https://www.esrtreit.com |
| IR: | See website |
| Key People | ||
| Anthony Edward Malkin Chairman of the Board, Chief Executive Officer, Executive Director | Christina Chiu President, Chief Operating Officer | Stephen V. Horn Chief Financial Officer, Executive Vice President, Chief Accounting Officer | Thomas P. Durels Executive Vice President - Real Estate |
| Business Overview |
| Empire State Realty Trust, Inc. is a real estate investment trust (REIT), which owns and operates a portfolio of office, retail and multifamily assets. The Company's portfolio consists of approximately 8.6 million rentable square feet of office space, 0.7 million rentable square feet of retail space and 727 residential units. Its office portfolio included 11 properties encompassing approximately 8.6 million rentable square feet. Nine of these office properties are located in midtown Manhattan and encompass approximately 7.6 million rentable square feet, including the Empire State Building. The Company's segments include Real Estate and an Observatory. Real Estate segment includes all activities related to the ownership, management, operation, acquisition, repositioning and disposition of its commercial and multifamily real estate assets, principally office assets, located in Manhattan. Observatory segment operates the 86th and 102nd floor observatories in the Empire State Building. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Empire State Realty Trust Inc revenues increased 2% to $739.6M. Net income applicable to common stockholders increased 35% to $49M. Revenues reflect Observatory segment increase of 22% to $129.4M, Real Estate segment increase of 1% to $690.7M, NAREIT FFO - Per Share - Basic - Total increase of 2% to $0.9, NAREIT FFO - Per Share - Diluted - Total increase of 3% to $0.9. |
| Employees: | 666 as of Dec 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $3,384M as of Dec 31, 2023 |
| Annual revenue (TTM): | $739.57M as of Dec 31, 2023 |
| EBITDA (TTM): | $336.62M as of Dec 31, 2023 |
| Net annual income (TTM): | $49.04M as of Dec 31, 2023 |
| Free cash flow (TTM): | $39.37M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $1,894M as of Dec 31, 2023 |
| Shares outstanding: | 164,074,765 as of Feb 22, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
Disclaimer :: Use of this site is subject to, and your continued use
constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is
strictly prohibited. Insidertracking.com is operated by INK Research Corp (INK). INK provides general information.
INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion;
however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion
expressed herein is subject to change without notice. Insider information is based on filings made either on EDGAR®
or on the System for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site
you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other
parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you
acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a
securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for
themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not
assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment.
Users should always consult with and obtain advice from their professional licensed financial advisor, including
their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment
or trading securities do so with caution. Users should perform full due diligence and investigate any security
fully before making an investment or before the execution of a security trade based upon information learned
through INK. Investors should obtain annual reports and other company information to complete their own due
diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision
made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this
website. On this site, there may be third party content, content from authors or links to third-party sites or
pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible
for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored
content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored
content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site
or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI®
is a registered trade-mark owned by the Alberta Securities Commission. Copyright © 2024 INK Research Corp. All rights reserved.
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.