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ESRT Stock Chart & Stats
$5.62
$0.07(1.25%)
At close: 4:00 PM EDT
$5.62
$0.07(1.25%)
Day’s Range― - ―
52-Week Range$4.87 - $8.07
Previous CloseN/A
Volume300.27K
Average Volume (3M)1.73M
Market Cap
$872.50M
Enterprise Value$3.59K
Total Cash (Recent Filing)$68.82M
Total Debt (Recent Filing)$2.35B
Price to Earnings (P/E)186.0
Beta0.95
Next Earnings
Oct 28, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield2.77%
Share Statistics
EPS (TTM)0.22
Shares Outstanding171,460,310
10 Day Avg. Volume2,027,511
30 Day Avg. Volume1,731,871
Financial Highlights & Ratios
PEG Ratio-2.42
Price to Book (P/B)1.04
Price to Sales (P/S)1.43
P/FCF Ratio21.74
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit>-0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$5.75Price Target Upside2.31% Upside
Rating ConsensusModerate Sell
Number of Analyst Covering2
EPS Forecast (FY)N/A
Revenue Forecast (FY)$762.59M
Bulls Say, Bears Say
Bulls Say
Capital Allocation And Balance SheetCompleted acquisition, sale of a non-core property with mortgage repayment, and a share repurchase demonstrate active capital allocation that enhances balance sheet flexibility and shareholder returns.
Leasing MomentumRecord-high portfolio occupancy combined with very strong leasing volume signals robust tenant demand that supports future rental income growth.
Lower Leasing CostsLeasing expenses and tenant-improvement spending materially below recent averages improve cash flow and reduce pressure on operating margins.
Bears Say
Asset Disposal LossSale of a suburban office asset at a substantial loss to exit that market depresses reported results and could pressure book value.
Revenue Diversification RiskReduced observatory visitation has weakened a non-office revenue stream, increasing reliance on core office rents and reducing income diversification.
Tourism ExposureDeclining visitor counts tied to weaker international tourism have reduced observatory revenue and profitability, weighing on consolidated earnings.
Empire State Realty News
ESRT FAQ
What was Empire State Realty’s price range in the past 12 months?
Empire State Realty lowest stock price was $4.87 and its highest was $8.07 in the past 12 months.
What is Empire State Realty’s market cap?
Empire State Realty’s market cap is $872.50M.
When is Empire State Realty’s upcoming earnings report date?
Empire State Realty’s upcoming earnings report date is Oct 28, 2026 which is in 85 days.
How were Empire State Realty’s earnings last quarter?
Empire State Realty released its earnings results on Jul 29, 2026. The company reported -$0.15 earnings per share for the quarter, missing the consensus estimate of N/A by N/A.
Is Empire State Realty overvalued?
According to Wall Street analysts Empire State Realty’s price is currently Undervalued.
Does Empire State Realty pay dividends?
Empire State Realty pays a Quarterly dividend of $0.035 which represents an annual dividend yield of 2.77%. See more information on Empire State Realty dividends here
What is Empire State Realty’s EPS estimate?
Empire State Realty’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Empire State Realty have?
Empire State Realty has 171,460,310 shares outstanding.
What happened to Empire State Realty’s price movement after its last earnings report?
Empire State Realty reported an EPS of -$0.15 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -13.793%.
Which hedge fund is a major shareholder of Empire State Realty?
Currently, no hedge funds are holding shares in ESRT
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Empire State Realty Stock Smart Score
Neutral
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Analyst Consensus
Moderate Sell
Average Price Target:
$5.75 (2.31% Upside)
$5.75 (2.31% Upside)
Blogger Sentiment
Bullish
ESRT Sentiment 67%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 3.1M Shares
Last Quarter.
Last Quarter.
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-31.08%
12-Months-Change
Fundamentals
Return on Equity
2.77%
Trailing 12-Months
Asset Growth
4.76%
Trailing 12-Months
Company Description
Empire State Realty
Empire State Realty Trust, Inc. (NYSE: ESRT) functions as a leading real estate investment trust (REIT), focused on the acquisition, ownership, management, operation, and revitalization of commercial office and retail assets across Manhattan and the broader New York metropolitan region. Its notable properties include the iconic Empire State Building, globally renowned as "The World's Most Famous Building." Based in New York, New York, the company's diverse portfolio encompassed 10.1 million rentable square feet as of September 30, 2020. This total comprised 9.4 million rentable square feet across 14 office properties – specifically, nine situated in Manhattan, three in Fairfield County, Connecticut, and two in Westchester County, New York – in addition to approximately 700,000 rentable square feet in retail spaces. ESRT has consistently demonstrated leadership in energy efficiency retrofits and maintaining superior Indoor Environmental Quality, achieving the distinction of being the first commercial real estate portfolio in the U.S. to obtain the WELL Health-Safety Rating.
ESRT Company Deck
ESRT Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a strong operational performance across ESRT's core property portfolio: robust office leasing (382k sq ft signed, 94.9% leased), sustained pricing power (17.8% mark-to-market spreads), healthy multifamily rent growth (+8%) and active capital recycling (sale of 250 West 57th, strategic land acquisitions). These positives improved core FAD and support long-term cash flow objectives. Offsetting these strengths, the Empire State Building Observation Deck experienced a significant and persistent decline in visitation and NOI (visitation -28.5% YoY; NOI down ~48.6% YoY), driven largely by a collapse in pass-program/international budget traveler demand (pass visitors down ~45% YTD) and changes in distribution channels. Management responded with a conservative FY assumption for Observation Deck NOI ($55M) that reduced core FFO guidance by ~$0.13 and emphasized remediation plans (marketing, AI/search changes) but acknowledged limited short-term visibility. On balance, portfolio fundamentals and capital actions provide a constructive backdrop and appear to outweigh the temporary, albeit material, Observation Deck weakness.View all ESRT earnings summariesESRT Stock 12 Month Forecast
Average Price Target
$5.75
▲(2.31% Upside)
Technical Analysis
Ownership Overview
0.35% Insiders
28.90% Mutual Funds
5.29% Other Institutional Investors
45.84% Public Companies and
Individual Investors