Empire State Realty OP LPOGCP 60 5-Year Yield-on-Cost % is 3.60 as of Jul. 04, 2026, which is 42% above its 10-year median of 2.54. GuruFocus rates OGCP with a GF Score™ of 60/100 and a GF Value™ of $8.91 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 875 REITs companies, Empire State Realty OP LP ranks worse than 87.2% on this metric.
The historical rank and industry rank for Empire State Realty OP LP's 5-Year Yield-on-Cost % or its related term are showing as below:
OGCP'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.4 Med: 2.54 Max: 8.85
Current: 3.6
During the past 13 years, Empire State Realty OP LP's highest Yield on Cost was 8.85. The lowest was 0.40. And the median was 2.54.
OGCP's 5-Year Yield-on-Cost % is ranked worse than 87.2% of 875
companies
in the REITs industry
Industry Median: 7.2
vs OGCP: 3.60
Empire State Realty OP LP (ARCA:OGCP) 5-Year Yield-on-Cost % Explanation
Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.
Empire State Realty OP LP 5-Year Yield-on-Cost % Related Terms
OGCP vs PDM, DEA, DEI: 5-Year Yield-on-Cost % Comparison
For the REIT - Office subindustry, Empire State Realty OP LP's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 OP LP 5-Year Yield-on-Cost % vs REITs Industry
For the REITs industry and Real Estate sector, Empire State Realty OP LP's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Empire State Realty OP LP's 5-Year Yield-on-Cost % falls into.
Empire State Realty OP LP 5-Year Yield-on-Cost % Calculation
Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.
Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.
Empire State Realty OP LP (OGCP) has a 5-Year Yield-on-Cost % of 3.60 as of Jul. 04, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Empire State Realty OP LP and its competitors. This is 42% above median its historical median of 2.54. Over the past decade, Empire State Realty OP LP's 5-Year Yield-on-Cost % has ranged from 0.40 to 8.85. According to the industry distribution chart, Empire State Realty OP LP ranks #763 out of 875 companies in the REITs industry, placing it in the top 87.2%.
Is Empire State Realty OP LP's 5-Year Yield-on-Cost % too high?
Empire State Realty OP LP's current 5-Year Yield-on-Cost % of 3.60 is 42% above median its 10-year median of 2.54. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 8.85. The REITs industry median 5-Year Yield-on-Cost % is 7.20. Empire State Realty OP LP's value of 3.60 is 50% below this industry median. Based on the distribution chart, Empire State Realty OP LP ranks #763 out of 875 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Empire State Realty OP LP has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Empire State Realty OP LP's 5-Year Yield-on-Cost % compare to PDM and DEA?
According to the REITs industry distribution chart, Empire State Realty OP LP ranks #763 out of 875 companies for 5-Year Yield-on-Cost %. This places Empire State Realty OP LP in the lower half of its industry. The industry median 5-Year Yield-on-Cost % is 7.20. Empire State Realty OP LP's value of 3.60 is 50% below this benchmark. Historically, Empire State Realty OP LP's own 5-Year Yield-on-Cost % has ranged from 0.40 to 8.85 over the past decade. While the company's 10-year median is 2.54 vs. the industry median of 7.20, Empire State Realty OP LP has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 5-Year Yield-on-Cost % for a REITs company?
The median 5-Year Yield-on-Cost % among REITs companies is 7.20, based on 875 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Empire State Realty OP LP's current 5-Year Yield-on-Cost % of 3.60 is 50% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Empire State Realty OP LP and its competitors. For the REITs industry, the median 5-Year Yield-on-Cost % is 7.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Empire State Realty OP LP's current 5-Year Yield-on-Cost % is 3.60, which is 42% above median its own 10-year median of 2.54. 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 OP LP stock overvalued right now?
Based on GuruFocus' analysis, Empire State Realty OP LP (OGCP) is currently considered Possible Value Trap. The stock's GF Value™ is $8.91, compared to a current price of $5.40 — trading 39.4% below its estimated fair value. The current 5-Year Yield-on-Cost % is 3.60, which is 42% above median its 10-year median of 2.54 and 50% below the REITs industry median of 7.20. Empire State Realty OP LP's overall GF Score™ is 60/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For Empire State Realty OP LP (OGCP), the current 5-Year Yield-on-Cost % is 3.60 as of Jul. 04, 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 OP LP (OGCP) Overvalued in 2026?
Based on GuruFocus' analysis, Empire State Realty OP LP stock appears to be undervalued.
The current stock price of $5.40 is trading 39.4% below its estimated GF Value™ of $8.91.
GuruFocus considers Empire State Realty OP LP to be Possible Value Trap.
Key valuation signals for OGCP:
5-Year Yield-on-Cost %: 3.60 (42% above median its 10-year median of 2.54)
GF Value™: $8.91 vs. price of $5.40 (39.4% below fair value)
Industry Position: 50% below the REITs median (#763 of 875)
No single metric tells the full story. See the OGCP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Empire State Realty OP LP is an NYC-focused real estate investment trust (REIT) that owns and operates a portfolio of well-leased, top-of-tier, modernized, amenitized, and well-located office, retail, and multifamily assets, conducts all of its business, and owns substantially all of its assets. The firm operates in two segments, Real Estate and Observatory. Through the Real Estate segment, it offers services related to the ownership, management, operation, acquisition, repositioning, and disposition of its real estate assets. Under the Observatory segment, it operates the two observatories of the Empire State Building. The company generates maximum revenue from the Real Estate segment.
60GF Score
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