Skip to main content
OGCP logo

OGCP · Empire State Realty OP, L.P.

Track OGCP — free
$5.25 +0.18 (+3.45%) At close · Nov 6
Market Cap
$116.42M
Shares
22.30M
Volume · Nov 6 1509 Avg daily vol (3M) 3485

Price & Indicators

Drag to pan · scroll to zoom
20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$5.25 Open$5.24 Day$5.24–5.25 52W close$3.76–7.02 Avg vol 30d4K Short int566 · 0.0% of shares · 1.0d Short vol100% Last earningsNov 3, 2026 DataJan 2020–Nov 2026 Filing10-Q · Aug 6

Up next

Feb 5, 2027 Est · unconfirmed · in 13 wks

Latest documents

2026
Nov 2
Current report 8-K
Financial results, Regulation FD disclosure

Empire State Realty Trust, Inc. reported net income of $0.02 per share and Core FFO of $0.20, disposed of 1359 Broadway for $217.5 million, repurchased $85.8 million, and increased 2026 Core FFO guidance to $0.77 to $0.80 per share.

Read from the first part of this long document
Aug 6
Quarterly report 10-Q FY2026 Q2, ended Jun 30
Quarterly report for FY2026 Q2 AI summary on its way
Revenue $196.9M ▲ 3.0% Net loss $39.55M Diluted EPS -$0.15
All documents

AI Brief

Q2 FY26 earnings call · Jul 30, 2026
Q2 FY26

TL;DR. ESRT posted Core FFO of $0.21 per share with strong office leasing momentum (381,799 sf signed, 20th consecutive quarter of positive mark-to-market), but Observation Deck visitation fell 28.5% YoY, prompting a cut to 2026 Core FFO guidance to $0.75–$0.79 from $0.85–$0.89 and a $166.1M goodwill impairment of the Observatory reporting unit.

Bullish
  • + Signed 381,799 sf with 17.8% Manhattan office mark-to-market spreads, the 20th consecutive quarter of positive spreads.
  • + Commercial portfolio leased rose to 94.9% from 93.2% with year-end occupancy guidance of 90–92% unchanged.
  • + Core FAD of $16.2M in Q2 was up from $11.9M YoY, supported by FAD CapEx savings of ~$14M.
  • + Acquired land under 111 West 33rd and 1400 Broadway for $110M at a ~7% implied cap rate with below-market rent, creating long-term value.
  • + Closed $245M unsecured delayed draw term loan maturing 2032 with no unaddressed debt maturities until January 2028.
Bearish
  • − Observatory NOI assumption lowered to $55M for 2026 from $87M–$92M, reflecting no improvement assumed in visitation.
  • − Recorded $166.1M non-cash goodwill impairment on the Observatory reporting unit, driving Q2 net loss of $(0.15) per share.
  • − Observation Deck visitation declined 28.5% YoY with NOI of $12.4M vs $24.1M and a 45% decline in pass program visitors YTD.
  • − Same-store property cash NOI declined 3.2% YoY excluding non-recurring real estate tax abatements, reflecting higher free rent and operating expenses.

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Guidance & track record

Latest guidance · from the 8-K filed Nov 2, 2026
year-end 2026
Commercial Occupancy at year-end 90% – 92%
2026
Observation Deck NOI Utilized $55M
Previous outlook earlier release · from the 8-K filed Jul 29, 2026

Still-open targets the latest release did not restate under the same label.

Commercial Occupancy at year-end · year-end 2026 90% – 92%

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders illustrative — not investment advice
Market signals — smart money & positioning
Mixed
Trend (MA cross) No cross
50d $5 › 200d $6 — 200d above 50d
Institutional flow Distributing
16 of 45 funds reported for Sep 30 · net -15.1K sh shares
Insider flow Flat
No net insider activity over 90 days
Short interest Falling
0.00% of shares out · ▼ -15.5% MoM · 1.0 days cover
Volume signal Normal
Volume near normal
Institution breadth Steady
45 holders — mid 3-yr range
Price context
position in its 52-week range
Range low $4 Now $5 · 46% Range high $7
vs 200-day avg -12% vs 50-day avg +13%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

the company's own KPIs, from written earnings releases and filings
Metric Latest Period YoY
Core Funds From Operations attributable to common unitholders non-GAAP $57.1M the three months ended June 30, 2026 filing —
Goodwill impairment charge (Observatory reporting unit) $166.1M the three months ended June 30, 2026 filing —
New, renewal, and expansion leases signed (rentable square feet) 381,799 the three months ended June 30, 2026 filing —

Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

Versus peers

REIT - Office — same industry group
Open screener →
Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
OGCP
Empire State Realty OP, L.P.
this stock
$116.42M -17.2% +0.0% — —
BXP
BXP, Inc.
$10.42B -3.7% +2.2% 19.5 7.8%
ARE
Alexandria Real Estate Equities, Inc.
$7.80B -8.5% -2.9% — 4.2%
VNO
Vornado Realty Trust
$6.69B +7.6% +1.3% — 7.3%
CUZ
Cousins Properties Inc
$4.86B +14.8% +16.0% 327.9 8.3%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section
Ownership
Institutional Holders Reducing
Holders
44
% held
7.5%
Reported
16 of 45
Top holder
MONTAG A & ASSOCIATES INC
Held Float
View
Short & Settlement
Short Interest Falling
Shares short
566
Days to cover
1.0d
Change
-104 sh
View
Short Volume
Short vol %
100%
As of
Nov 6, 2026
Short Total
View
Fails to Deliver
FTD shares
148
Value
$722
As of
Aug 7, 2026
View
Off-Exchange
Off-exchange %
27.3%
Week of
Sep 28, 2026
Off-exch Lit
View
Financials
Financials
Revenue (FY)
$768.3M
Net income (FY)
$116.3M
EPS diluted
$0.25
View
Buybacks
Authorized
$500.0M
Remaining
$500.0M
Spent Remaining
View
Filings
SEC Filings
Latest
8-K
Filed
Nov 2, 2026
This year
13

Empire State Realty Trust, Inc. reported net income of $0.02 per share and Core FFO of $0.20, disposed of 1359 Broadway for $217.5 million, repurchased $85.8 million, and increased 2026 Core FFO guidance to $0.77 to $0.80 per share.

View
Earnings & Events
Webcasts
Last webcast
Nov 3, 2026
View
Investor Relations
Latest news
Empire State Realty Trust Achieve…
Published
Nov 3, 2026
View

Performance

5D 20D 120D MTD YTD
OGCP +8.9% +21.0% -16.0% +8.9% -17.2%
SPY -2.7% -5.6% -0.5% -2.7% +7.8%
vs SPY +11.6% +26.5% -15.6% +11.6% -25.0%

Capital returns

Latest dividend
$0.035 / share · ex Sep 15, 2026
Cut 66.7%
Paid (TTM)
$0.14 / share · 4 payouts
Dividend yield (TTM, derived)
2.67%
Full dividend history
Buyback program · as of Jun 30, 2026
Authorized
$500.00M
Spent (derived)
$0
Remaining
$500.00M
Spent Remaining

Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

Key facts CIK 1553079 CUSIP 292102100 13F (30d) 5 filings 5 filers Visit website Investor relations