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Compare · ESRT vs PSA

ESRT vs PSA

Side-by-side comparison of Empire State Realty Trust Inc. (ESRT) and Public Storage (PSA): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both ESRT and PSA operate in Real Estate Investment Trusts (Real Estate), so they compete in similar markets.
  • PSA is the larger of the two at $54.36B, about 59.8x ESRT ($908.7M).
  • ESRT has been more active in the news (16 items in the past 4 weeks vs 1 for PSA).
  • PSA has more recent analyst coverage (25 ratings vs 14 for ESRT).
MetricESRTPSA
Company
Empire State Realty Trust Inc.
Public Storage
Price
-
-
Market cap
$908.7M
$54.36B
1M return
-
-
1Y return
-
-
Industry
Real Estate Investment Trusts
Real Estate Investment Trusts
Exchange
NYSE
NYSE
IPO
2013
News (4w)
16
1
Recent ratings
14
25
ESRT

Empire State Realty Trust Inc.

Empire State Realty Trust, Inc. (NYSE: ESRT), a leading real estate investment trust (REIT), owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the greater New York metropolitan area, including the Empire State Building, the “World's Most Famous Building.” Headquartered in New York, New York, the Company's office and retail portfolio covers 10.1 million rentable square feet, as of September 30, 2020, consisting of 9.4 million rentable square feet in 14 office properties, including nine in Manhattan, three in Fairfield County, Connecticut, and two in Westchester County, New York; and approximately 700,000 rentable square feet in the retail portfolio. Long the leader in energy efficiency retrofits and Indoor Environmental Quality, Empire State Realty Trust is the first commercial real estate portfolio in the U.S. to achieve the WELL Health-Safety Rating.

PSA

Public Storage

Public Storage, a member of the S&P 500 and FT Global 500, is a REIT that primarily acquires, develops, owns and operates self-storage facilities. At September 30, 2020, we had: (i) interests in 2,504 self-storage facilities located in 38 states with approximately 171 million net rentable square feet in the United States, (ii) an approximate 35% common equity interest in Shurgard Self Storage SA (Euronext Brussels:SHUR) which owned 239 self-storage facilities located in seven Western European nations with approximately 13 million net rentable square feet operated under the “Shurgard” brand and (iii) an approximate 42% common equity interest in PS Business Parks, Inc. (NYSE:PSB) which owned and operated approximately 28 million rentable square feet of commercial space at September 30, 2020. Our headquarters are located in Glendale, California.