Empire State Realty Trust Inc (ESRT)
NYSE:ESRT
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ESRT Stock Chart & Stats
$7.25
-$0.08(-0.81%)
At close: 4:00 PM EST
$7.25
-$0.08(-0.81%)
Day’s Range― - ―
52-Week Range$4.87 - $8.76
Previous CloseN/A
Volume142.77K
Average Volume (3M)1.54M
Market Cap
$925.41M
Enterprise Value$3.26B
Total Cash (Recent Filing)$68.82M
Total Debt (Recent Filing)$2.39B
Price to Earnings (P/E)97.1
Beta0.93
Next Earnings
Jul 29, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield2.16%
Share Statistics
EPS (TTM)0.22
Shares Outstanding170,084,990
10 Day Avg. Volume1,500,132
30 Day Avg. Volume1,535,194
Financial Highlights & Ratios
PEG Ratio-2.23
Price to Book (P/B)1.04
Price to Sales (P/S)1.43
P/FCF Ratio21.74
Enterprise Value/Market Cap3.52
Enterprise Value/Revenue4.19
Enterprise Value/Gross Profit-40.48
Enterprise Value/Ebitda8.98
Forecast
1Y Price Target
$6.51Price Target Upside-10.17% Downside
Rating ConsensusHold
Number of Analyst Covering5
EPS Forecast (FY)N/A
Revenue Forecast (FY)$778.32M
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 Trust Inc’s price range in the past 12 months?
Empire State Realty Trust Inc lowest stock price was $4.87 and its highest was $8.76 in the past 12 months.
What is Empire State Realty Trust Inc’s market cap?
Empire State Realty Trust Inc’s market cap is $925.41M.
When is Empire State Realty Trust Inc’s upcoming earnings report date?
Empire State Realty Trust Inc’s upcoming earnings report date is Jul 29, 2026 which is in 84 days.
How were Empire State Realty Trust Inc’s earnings last quarter?
Empire State Realty Trust Inc released its earnings results on Apr 29, 2026. The company reported $0.01 earnings per share for the quarter, beating the consensus estimate of N/A by $0.01.
Is Empire State Realty Trust Inc overvalued?
According to Wall Street analysts Empire State Realty Trust Inc’s price is currently Overvalued.
Does Empire State Realty Trust Inc pay dividends?
Empire State Realty Trust Inc pays a Quarterly dividend of $0.035 which represents an annual dividend yield of 2.16%. See more information on Empire State Realty Trust Inc dividends here
What is Empire State Realty Trust Inc’s EPS estimate?
Empire State Realty Trust Inc’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Empire State Realty Trust Inc have?
Empire State Realty Trust Inc has 170,084,990 shares outstanding.
What happened to Empire State Realty Trust Inc’s price movement after its last earnings report?
Empire State Realty Trust Inc reported an EPS of $0.01 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -0.89%.
Which hedge fund is a major shareholder of Empire State Realty Trust Inc?
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
Outperform
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10
Analyst Consensus
Hold
Average Price Target:
$6.51 (-10.17% Downside)
$6.51 (-10.17% Downside)
Blogger Sentiment
Bullish
ESRT Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 1.1M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 6.1%
Last 30 Days ▼ 3.1%
Last 30 Days ▼ 3.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-21.05%
12-Months-Change
Fundamentals
Return on Equity
3.11%
Trailing 12-Months
Asset Growth
7.08%
Trailing 12-Months
Company Description
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.
ESRT Company Deck
ESRT Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call highlights strong leasing momentum, high portfolio occupancy, meaningful rent growth and mark-to-market gains in Manhattan, improved cash flow metrics, successful capital recycling into a strategic retail position, and proactive financing that extends maturities and preserves liquidity. Lowlights were concentrated in the seasonally weak first-quarter performance of the Observatory (notably lower international visitation and a ~$3.5M YoY NOI decline excluding gift shop), some operating expense growth, reliance on a few large lease-ups which creates lumpy occupancy dynamics, and broader macro/tourism uncertainty. On balance, operational strength, balance sheet flexibility, and demonstrated leasing execution materially outweigh the headwinds reported.View all ESRT earnings summariesESRT Stock 12 Month Forecast
Average Price Target
$6.51
▼(-10.17% Downside)
Technical Analysis
Ownership Overview
0.35% Insiders
27.10% Mutual Funds
3.77% Other Institutional Investors
49.74% Public Companies and
Individual Investors