Empire State Realty OP LP ES
$ 6.21
-4.42%
26 Dec - close price
- Market Cap 1,712,692,000 USD
- Current Price $ 6.21
- High / Low $ 6.28 / 6.15
- Stock P/E 31.06
- Book Value 6.35
- EPS 0.20
- Next Earning Report -
- Dividend Per Share $0.14
- Dividend Yield 2.15 %
- Next Dividend Date 2025-12-31
- ROA 0.02 %
- ROE 0.03 %
- 52 Week High 10.65
- 52 Week Low 5.98
About
Empire State Realty OP, L.P., a prominent subsidiary of Empire State Realty Trust, Inc., is a distinguished real estate investment trust (REIT) with a strategic emphasis on high-quality office and retail properties, particularly in Manhattan and its vicinity. Its flagship asset, the iconic Empire State Building, exemplifies the firm’s commitment to excellence and serves as a cornerstone of its diversified portfolio. Through a focus on prime locations and innovative property management, Empire State Realty OP is dedicated to fostering sustainable tenant relationships and achieving strong occupancy rates, positioning itself to provide consistent long-term value and growth for its investors in a dynamic urban environment.
Analyst Target Price
N/A
Quarterly Earnings
| Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reported Date | 2025-09-30 | 2025-08-06 | 2025-05-07 | 2025-02-28 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2023-02-15 |
| Reported EPS | 0.0466 | 0.04 | 0.05 | 0.06 | 0.0807 | 0.1024 | 0.0342 | 0.0554 | 0.0705 | 0.1359 | 0.0403 | 0.05 |
| Estimated EPS | None | 0 | 0 | 0 | None | None | None | None | None | None | None | 0 |
| Surprise | 0 | 0.04 | 0.05 | 0.06 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.05 |
| Surprise Percentage | None% | None% | None% | None% | None% | None% | None% | None% | None% | None% | None% | None% |
Next Quarterly Earnings
| Reported Date |
| Fiscal Date Ending |
| Estimated EPS |
| Currency |
Previous Dividend Records
| Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Payment Date | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-28 | 2024-03-28 | 2023-12-29 | 2023-09-29 |
| Amount | $0.035 | $0.035 | $0.035 | $0.035 | $0.035 | $0.035 | $0.035 | $0.035 | $0.035 | $0.035 |
Next Dividend Records
| Dividend per share (year): | $0.14 |
| Dividend Yield | 2.15% |
| Next Dividend Date | 2025-12-31 |
| Ex-Dividend Date | 2025-12-15 |
Recent News: ESBA
2025-12-22 21:10:19
Empire State Realty OP LP (ESBA) stock has fallen to a new 52-week low of $5.98, reflecting a 35.76% decline over the past year and an 8.1% drop in the last week. Despite the downturn and broader real estate challenges, InvestingPro data suggests the company is undervalued with a strong free cash flow yield of 15% and a "FAIR" Financial Health rating. Investors are observing its consistent dividend payments (2.22% yield) and solid fundamentals, though the high P/E ratio indicates reliance on future growth.
2025-12-22 20:10:19
Empire State Realty OP LP's stock has hit a new 52-week low of $6.22, marking a significant 42.5% decline from its high and a 32.77% decrease over the past year. Despite this, the company maintains a 15% free cash flow yield and a 2.12% dividend yield, and its Board of Directors recently declared dividends for Q4 2025. This downturn reflects broader market conditions, with the stock exhibiting higher volatility, and analysts see potential undervaluation according to InvestingPro data.
2025-12-15 02:09:42
Empire State Realty OP, a subsidiary of Empire State Realty Trust, has secured a $210 million credit facility. This financing is intended to support the company's financial operations and strategic initiatives.
2025-12-06 03:43:55
Empire State Realty Trust's board has approved a new $500 million share repurchase program for its Class A common stock and operating partnership units, effective from January 1, 2026, through December 31, 2027. This new program will replace the existing $500 million authorization covering 2024–2025. Repurchases can occur through open market or private transactions, with timing and amount subject to market conditions and regulatory factors.
2025-12-06 03:43:55
Empire State Realty Trust, Inc. announced that its Board of Directors has declared a dividend of $0.035 per share for the fourth quarter of 2025, payable to holders of Class A and Class B common stock and certain operating partnership units. Additionally, dividends for various series of ESRO's private perpetual preferred units were declared. All dividends are payable in cash on December 31, 2025, to stockholders and unitholders of record on December 15, 2025.
2025-12-03 03:43:56
Empire State Realty Trust, Inc. (NYSE: ESRT) has agreed to acquire the Scholastic Building at 555-557 Broadway in SoHo, Manhattan, for $386 million in an all-cash transaction expected to close in December 2025. The property includes approximately 368,000 square feet of office and 28,000 square feet of retail space, currently 70% leased with a 15-year office lease to Scholastic (NASDAQ: SCHL) for 222,000 square feet. This acquisition offers significant value creation due to contractual revenue, embedded growth, and a unique 110,000+ square foot block of available space.
