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Empire State Realty Trust Inc (ESRT)
NYSE:ESRT
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$5.05 - $8.76
Previous CloseN/A
Volume142.77K
Average Volume (3M)1.79M
Market Cap
$869.90M
Enterprise Value$3.14B
Total Cash (Recent Filing)$166.51M
Total Debt (Recent Filing)$2.44B
Price to Earnings (P/E)23.1
Beta0.90
Next Earnings
Apr 29, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield2.16%
Share Statistics
EPS (TTM)0.12
Shares Outstanding170,269,290
10 Day Avg. Volume1,577,665
30 Day Avg. Volume1,787,049
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 Cap3.61
Enterprise Value/Revenue4.09
Enterprise Value/Gross Profit228.56
Enterprise Value/Ebitda8.79
Forecast
1Y Price Target
$7.33Price Target Upside1.10% Upside
Rating ConsensusHold
Number of Analyst Covering5
EPS Forecast (FY)N/A
Revenue Forecast (FY)$781.97M
Bulls Say, Bears Say
Bulls Say
Active Capital AllocationCompletion of an acquisition, sale of a non-core property with mortgage repayment, and execution of a share repurchase program reflect active capital allocation that can strengthen the balance sheet and enhance shareholder returns.
Leasing MomentumRecord-high portfolio occupancy combined with very strong leasing volume indicates robust demand for the company's office and retail space, supporting more stable rental income.
Lower Leasing CostsMeaningfully lower leasing costs and reduced tenant-improvement spending decrease capital outlays per lease and support improved cash flow from property operations.
Bears Say
Ancillary Income WeaknessReduced observatory visitation weakens a non-office revenue stream, increasing reliance on core leasing income to meet earnings expectations.
Asset Sale LossExit from the suburban office market through sale of an asset at a substantial loss creates one-time charges that depress reported earnings and hurt near-term results.
Tourism-dependent RevenueDeclining observatory visitor counts tied to weaker international tourism are reducing revenue from the attraction and weighing on overall profitability.
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 $5.05 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 $869.90M.
When is Empire State Realty Trust Inc’s upcoming earnings report date?
Empire State Realty Trust Inc’s upcoming earnings report date is Apr 29, 2026 which is in 36 days.
How were Empire State Realty Trust Inc’s earnings last quarter?
Empire State Realty Trust Inc released its earnings results on Feb 17, 2026. The company reported $0.12 earnings per share for the quarter, beating the consensus estimate of N/A by $0.12.
Is Empire State Realty Trust Inc overvalued?
According to Wall Street analysts Empire State Realty Trust Inc’s price is currently Undervalued.
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 170,269,290 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 $0.12 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -2.663%.
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
Neutral
1
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10
Analyst Consensus
Hold
Average Price Target:
$7.33 (1.10% Upside)
$7.33 (1.10% Upside)
Blogger Sentiment
Bullish
ESRT Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 1.1M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.9%
Last 30 Days ▼ 2.9%
Last 30 Days ▼ 2.9%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-36.78%
12-Months-Change
Fundamentals
Return on Equity
4.56%
Trailing 12-Months
Asset Growth
-0.92%
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
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call reflects a broadly positive operational and strategic outlook driven by sustained leasing momentum, occupancy gains, successful portfolio transformation into a 100% New York City — higher-quality — footprint, strong observatory cash flows, and proactive balance sheet management. Near-term headwinds include an identifiable FDIC-related downtime hit to 2026 FFO and same-store NOI, some cost pressure from taxes and cleaning labor, modestly elevated leverage (6.3x net debt/EBITDA), and weaker international tourism impacting observation deck visitation and license fees. Management provided clear mitigation plans (lease-up at 130 Mercer, capital recycling, cost reductions and ample liquidity) and conservative 2026 guidance that incorporates these factors.View all ESRT earnings summariesESRT Stock 12 Month Forecast
Average Price Target
$7.33
▲(1.10% Upside)
Technical Analysis
Ownership Overview
0.34%
Insiders
26.46% Mutual Funds
24.58% Other Institutional Investors
29.51% Public Companies and
Individual Investors