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Empire State Realty (ESRT)
NYSE:ESRT
ESRT Stock Chart & Stats
Day’s Range― - ―
52-Week Range$6.56 - $11.62
Previous CloseN/A
Volume142.77K
Average Volume (3M)1.37M
Market Cap
$1.31B
Enterprise Value$4.90B
Total Cash (Recent Filing)$136.73M
Total Debt (Recent Filing)$2.10B
Price to Earnings (P/E)32.2
Beta0.82
Next Earnings
Oct 29, 2025EPS EstimateN/A
Last Dividend Ex-Date
Sep 15, 2025Dividend Yield1.82%
Share Statistics
EPS (TTM)0.04
Shares Outstanding168,641,340
10 Day Avg. Volume1,712,350
30 Day Avg. Volume1,372,793
Financial Highlights & Ratios
PEG Ratio-9.89
Price to Book (P/B)1.65
Price to Sales (P/S)2.23
P/FCF Ratio6.52
Enterprise Value/Market Cap3.73
Enterprise Value/Revenue6.38
Enterprise Value/Gross Profit10.52
Enterprise Value/Ebitda13.74
Forecast
1Y Price Target
$8.58Price Target Upside10.71% Upside
Rating ConsensusHold
Number of Analyst Covering4
Bulls Say, Bears Say
Bulls Say
Analyst RecommendationThe analyst's recommendation has upgraded ESRT to Outperform from Peer Perform, indicating a positive outlook.
EarningsEarnings are expected to be steady going forward, which is favorable given the low growth environment for real estate investment trusts.
Bears Say
Economic UncertaintyA lower multiple is being ascribed to the stock due to the office sector's sensitivity to economic uncertainty.
Guidance RevisionESRT reported an in-line 2Q25 Core FFOps, but lowered 2025 Core FFOps guidance by 3.4%, below the Street, driven by a reduced outlook on the Empire State Observatory.
ValuationThe target price for Empire State Realty Trust has been lowered from $10.00 to $7.50 due to a revised valuation approach.
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 $6.56 and its highest was $11.62 in the past 12 months.
What is Empire State Realty’s market cap?
Empire State Realty’s market cap is $1.31B.
When is Empire State Realty’s upcoming earnings report date?
Empire State Realty’s upcoming earnings report date is Oct 29, 2025 which is in 26 days.
How were Empire State Realty’s earnings last quarter?
Empire State Realty released its earnings results on Jul 23, 2025. The company reported $0.04 earnings per share for the quarter, beating the consensus estimate of N/A by $0.04.
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 1.82%. 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 168,641,340 shares outstanding.
What happened to Empire State Realty’s price movement after its last earnings report?
Empire State Realty reported an EPS of $0.04 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -6.962%.
Which hedge fund is a major shareholder of Empire State Realty?
Currently, no hedge funds are holding shares in ESRT
Empire State Realty Stock Smart Score
Neutral
1
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8
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10
Analyst Consensus
Hold
Average Price Target:
$8.58 (10.71% Upside)
$8.58 (10.71% Upside)
Blogger Sentiment
Neutral
ESRT Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 1.3M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 1.3%
Last 30 Days ▼ 1.6%
Last 30 Days ▼ 1.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-27.54%
12-Months-Change
Fundamentals
Return on Equity
4.36%
Trailing 12-Months
Asset Growth
-8.00%
Trailing 12-Months
Company Description
Empire State Realty
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
Q2 2025
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call reflected a mix of positive and negative aspects. On the positive side, Empire State Realty Trust demonstrated strong office leasing performance, leadership in sustainability, success in their multifamily portfolio, a strong balance sheet, and growth in retail acquisitions. However, these were balanced by challenges such as declines in Observatory performance, increased operating expenses, and revised guidance for Observatory NOI. The sentiment is balanced with both achievements and challenges highlighted.View all ESRT earnings summariesESRT Stock 12 Month Forecast
Average Price Target
$8.58
▲(10.71% Upside)
Technical Analysis
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Global Net Lease
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Ownership Overview
0.35% Insiders
24.72% Mutual Funds
18.35% Other Institutional Investors
38.37% Public Companies and
Individual Investors