Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Empire State Realty Trust Dividend-Payout-to-FFO Chart
ESRT vs JBGS, CTO, SAFE: Dividend-Payout-to-FFO Comparison
For the REIT - Diversified subindustry, Empire State Realty Trust's Dividend-Payout-to-FFO, along with its competitors' market caps and Dividend-Payout-to-FFO data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Empire State Realty Trust Dividend-Payout-to-FFO vs REITs Industry
For the REITs industry and Real Estate sector, Empire State Realty Trust's Dividend-Payout-to-FFO distribution charts can be found below:
* The bar in red indicates where Empire State Realty Trust's Dividend-Payout-to-FFO falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Empire State Realty Trust (ESRT) has a Dividend-Payout-to-FFO of 0.18 as of Mar. 2026. Dividend Payout to FFO is the percent of a REIT's funds from operations paid out as dividends. View historical data on Empire State Realty Trust and its competitors.
Is Empire State Realty Trust's Dividend-Payout-to-FFO too high?
Empire State Realty Trust's current Dividend-Payout-to-FFO is 0.18. Overall, Empire State Realty Trust has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Empire State Realty Trust's Dividend-Payout-to-FFO compare to JBGS and CTO?
Empire State Realty Trust's Dividend-Payout-to-FFO of 0.18 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend-Payout-to-FFO for a REITs company?
A good Dividend-Payout-to-FFO depends on the REITs industry context. However, Dividend-Payout-to-FFO should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend-Payout-to-FFO mean?
A high Dividend-Payout-to-FFO can signal that a stock is expensive relative to its fundamentals. Dividend Payout to FFO is the percent of a REIT's funds from operations paid out as dividends. View historical data on Empire State Realty Trust and its competitors. Empire State Realty Trust's current Dividend-Payout-to-FFO is 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empire State Realty Trust stock overvalued right now?
Based on GuruFocus' analysis, Empire State Realty Trust (ESRT) is currently considered Possible Value Trap. The stock's GF Value™ is $8.85, compared to a current price of $5.66 — trading 36% below its estimated fair value. The current Dividend-Payout-to-FFO is 0.18. Empire State Realty Trust's overall GF Score™ is 62/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend-Payout-to-FFO calculated?
Dividend-Payout-to-FFO is calculated from a company's financial statements. For Empire State Realty Trust (ESRT), the current Dividend-Payout-to-FFO is 0.18 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Empire State Realty Trust (ESRT) Overvalued in 2026?
Based on GuruFocus' analysis, Empire State Realty Trust stock appears to be undervalued.
The current stock price of $5.66 is trading 36% below its estimated GF Value™ of $8.85.
GuruFocus considers Empire State Realty Trust to be Possible Value Trap.
Key valuation signals for ESRT:
Dividend-Payout-to-FFO: 0.18
GF Value™: $8.85 vs. price of $5.66 (36% below fair value)
No single metric tells the full story. See the ESRT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Empire State Realty Trust Inc is a real estate investment trust (REIT) that owns and operates office, retail, and multifamily properties located in New York City, prominently in Manhattan. Its portfolio includes office and retail space as well as residential units. The company's objective is to maximize cash flow and total returns to its shareholders and to increase the value of the properties. Its reportable segments consist of a real estate segment and an Observatory segment. The majority of revenue is derived from the Real Estate segment, which includes all activities related to the ownership, management, operation, acquisition, redevelopment, repositioning and disposition of its traditional real estate assets.
62GF Score
Get the complete analysis for ESRT
Dividend-Payout-to-FFO is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ESRT has been successfully added to your 
