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Empire State Realty Trust Announces Dividend for First Quarter 2026
Businesswire· 2026-02-20 17:15
Empire State Realty Trust Announces Dividend for First Quarter 2026Feb 20, 2026 12:15 PM Eastern Standard Time# Empire State Realty Trust Announces Dividend for First Quarter 2026Share---NEW YORK-- ([BUSINESS WIRE])--Empire State Realty Trust, Inc. (NYSE: ESRT) (the "Company†), today announced that its Board of Directors has declared a dividend of $0.035 per share for the first quarter of 2026, payable to holders of the Company's Class A common stock and Class B common stock and to holders of Empire State ...
NYC's Empire State Building Is Feeling The Squeeze From Remote Work, Tourism Weakness: Growth Score Drops - Empire State Realty Trust (NYSE:ESRT)
Benzinga· 2025-12-26 09:43
Core Insights - Empire State Realty Trust Inc. (NYSE:ESRT) is facing significant challenges due to structural shifts in the retail and office space dynamics post-COVID, leading to a decline in its stock price and Growth score in Benzinga's Edge Stock Rankings [1][5] Group 1: Company Performance - The Growth score for Empire State Realty Trust has dropped from 44.61 to 30.1 within a week, influenced by analysts like Wells Fargo reducing their price targets for the stock [3] - The company has consistently missed top-line estimates in recent quarters, with earnings declining due to the ongoing remote/hybrid work trend and a slowdown in tourism [4] - The stock has decreased by 35.99% year-to-date and 7% over the past month, reflecting poor Momentum and Growth scores in Benzinga's Edge Stock Rankings [5] Group 2: Market Dynamics - The decline in the company's performance is attributed to the structural changes in the post-COVID environment, particularly affecting the office and retail sectors [1][4] - The assessment of the Growth score in Benzinga's Edge Stock Rankings considers both short and long-term trends in earnings and revenue growth, indicating a significant downturn for the company [2]
Empire State Building Sets New Standard as First LEED v5 Platinum Certified Building in New York State
Businesswire· 2025-12-09 21:30
Core Insights - Empire State Building has achieved LEED Platinum certification, the highest recognition under the U.S. Green Building Council's latest standard [1] - It is the largest LEED v5 Platinum project in the United States and the first in New York state [1] Company Summary - Empire State Realty Trust, Inc. announced the certification achievement [1] - The certification falls under the Existing Buildings: Operations + Maintenance Version 5 program [1]