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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)1.53M
Market Cap
$1.23B
Enterprise Value$3.12B
Total Cash (Recent Filing)$187.82M
Total Debt (Recent Filing)$2.09B
Price to Earnings (P/E)24.8
Beta0.95
Next Earnings
Jul 23, 2025EPS EstimateN/A
Last Dividend Ex-Date
Mar 14, 2025Dividend Yield1.91%
Share Statistics
EPS (TTM)0.05
Shares Outstanding166,337,140
10 Day Avg. Volume1,620,426
30 Day Avg. Volume1,526,843
Financial Highlights & Ratios
PEG Ratio3.77
Price to Book (P/B)0.69
Price to Sales (P/S)0.00
P/FCF Ratio37.92
Enterprise Value/Market Cap2.54
Enterprise Value/Revenue1.02
Enterprise Value/Gross Profit8.51
Enterprise Value/Ebitda2.25
Forecast
1Y Price Target
$10.00Price Target Upside36.61% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
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Empire State Realty News
PremiumCompany Announcements
Empire State Realty Trust Reports Steady Q1 2025 Performance
PremiumCompany Announcements
Empire State Realty Trust’s Resilient Q1 Earnings Call---
Bulls Say, Bears Say
Bulls Say
Leasing ActivityCommercial leasing activity was robust with 379k sf leases signed (+53.4% vs. LTM average) with +10.4% cash leasing spreads.
Retail PortfolioESRT's Williamsburg retail portfolio is seen as a potentially attractive driver of medium-term growth.
Bears Say
Office Sector SensitivityA lower multiple is being ascribed to the stock due to the office sector's sensitivity to economic uncertainty.
Stock ValuationThe target price for Empire State Realty Trust has been lowered from $10.00 to $7.50 due to a revised valuation approach.
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Ownership Overview
0.35% Insiders
24.19% Mutual Funds
0.08% Other Institutional Investors
56.96% Public Companies and
Individual Investors
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 $1.23B.
When is Empire State Realty’s upcoming earnings report date?
Empire State Realty’s upcoming earnings report date is Jul 23, 2025 which is in 71 days.
How were Empire State Realty’s earnings last quarter?
Empire State Realty released its earnings results on Apr 29, 2025. The company reported $0.05 earnings per share for the quarter, beating the consensus estimate of N/A by $0.05.
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 1.91%. 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 166,337,140 shares outstanding.
What happened to Empire State Realty’s price movement after its last earnings report?
Empire State Realty reported an EPS of $0.05 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 2.299%.
Which hedge fund is a major shareholder of Empire State Realty?
Currently, no hedge funds are holding shares in ESRT
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Empire State Realty Stock Smart Score
Neutral
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5
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8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$10.00 (36.61% Upside)
$10.00 (36.61% Upside)
Blogger Sentiment
Neutral
ESRT Sentiment 50%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 1.7M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.5%
Last 30 Days ▼ 9.0%
Last 30 Days ▼ 9.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-20.59%
12-Months-Change
Fundamentals
Return on Equity
5.44%
Trailing 12-Months
Asset Growth
-1.82%
Trailing 12-Months
Company Description
Empire State Realty
Empire State Realty Trust, Inc. (ESRT) is a leading real estate investment trust (REIT) that owns, manages, operates, acquires, and repositions office and retail properties in Manhattan and the greater New York metropolitan area. The company's flagship asset is the Empire State Building, one of the most iconic landmarks in the world, which includes both office and retail components alongside its famous observatory. ESRT's portfolio is complemented by a range of other high-quality office and retail properties, making it a significant player in the commercial real estate sector.
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ESRT Company Deck
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ESRT Earnings Call
Q1 2025
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlighted strong leasing activity and positive rent spreads, along with a resilient Observatory performance despite weather challenges. The company maintains a robust balance sheet and continues to achieve success in its multifamily portfolio. However, there are concerns over a slight decline in office occupancy and potential macroeconomic headwinds affecting tourism.Read More>---
ESRT Stock 12 Month Forecast
Average Price Target
$10.00
▲(36.61% Upside)
Technical Analysis
Alexander & Baldwin
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Safehold
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Armada Hoffler Properties
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American Assets
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Global Net Lease
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