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Empire State Realty Holds Annual Shareholders Meeting

Story Highlights
  • Empire State Realty Trust held its annual shareholders meeting on May 15, 2025.
  • Shareholders elected directors, approved executive compensation, and ratified Ernst & Young LLP.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Empire State Realty Holds Annual Shareholders Meeting

Confident Investing Starts Here:

An update from Empire State Realty ( (ESRT) ) is now available.

On May 15, 2025, Empire State Realty Trust, Inc. held its annual shareholders meeting where Class A and Class B common stockholders elected the company’s nominees for director, approved executive compensation on a non-binding advisory basis, and ratified Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025. These decisions reflect the company’s continued commitment to its governance and operational strategies, potentially impacting its market positioning and stakeholder confidence.

The most recent analyst rating on (ESRT) stock is a Sell with a $7.00 price target. To see the full list of analyst forecasts on Empire State Realty stock, see the ESRT Stock Forecast page.

Spark’s Take on ESRT Stock

According to Spark, TipRanks’ AI Analyst, ESRT is a Neutral.

Empire State Realty’s stock score of 64 reflects stable financial performance with consistent revenue growth, tempered by cash flow challenges and moderate leverage. Technical indicators suggest a bearish trend, while the valuation indicates potential overvaluation. Positive earnings call highlights strong leasing and rent performance, though concerns about occupancy and tourism present risks.

To see Spark’s full report on ESRT stock, click here.

More about Empire State Realty

Average Trading Volume: 1,559,148

Technical Sentiment Signal: Sell

Current Market Cap: $1.32B

Learn more about ESRT stock on TipRanks’ Stock Analysis page.

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