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Empire State Realty Trust Inc (ESRT)
: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$6.56 - $11.43
Previous CloseN/A
Volume142.77K
Average Volume (3M)1.66M
Market Cap
$1.30B
Enterprise Value$4.90B
Total Cash (Recent Filing)$136.73M
Total Debt (Recent Filing)$2.10B
Price to Earnings (P/E)32.1
Beta0.85
Next Earnings
Oct 29, 2025EPS EstimateN/A
Last Dividend Ex-Date
Sep 15, 2025Dividend Yield1.8%
Share Statistics
EPS (TTM)0.04
Shares Outstanding168,641,340
10 Day Avg. Volume1,777,001
30 Day Avg. Volume1,659,863
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 Cap3.76
Enterprise Value/Revenue6.38
Enterprise Value/Gross Profit10.52
Enterprise Value/Ebitda13.74
Forecast
1Y Price Target
$8.10Price Target Upside11.72% Upside
Rating ConsensusModerate Sell
Number of Analyst Covering3
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 Trust Inc’s price range in the past 12 months?
Empire State Realty Trust Inc lowest stock price was $6.56 and its highest was $11.43 in the past 12 months.
What is Empire State Realty Trust Inc’s market cap?
Empire State Realty Trust Inc’s market cap is $1.30B.
When is Empire State Realty Trust Inc’s upcoming earnings report date?
Empire State Realty Trust Inc’s upcoming earnings report date is Oct 29, 2025 which is in 5 days.
How were Empire State Realty Trust Inc’s earnings last quarter?
Empire State Realty Trust Inc 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 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 1.8%. 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 168,641,340 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 $0.04 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 Trust Inc?
Currently, no hedge funds are holding shares in ESRT
Empire State Realty Stock Smart Score
Neutral
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10
Analyst Consensus
Moderate Sell
Average Price Target:
$8.10 (11.72% Upside)
$8.10 (11.72% Upside)
Blogger Sentiment
Neutral
ESRT Sentiment 50%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 1.3M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 1.1%
Last 30 Days ▼ 0.4%
Last 30 Days ▼ 0.4%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-29.46%
12-Months-Change
Fundamentals
Return on Equity
4.36%
Trailing 12-Months
Asset Growth
-8.00%
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
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
$8.10
▲(11.72% Upside)
Technical Analysis
Gladstone Commercial
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One Liberty Properties
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Armada Hoffler Properties
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American Assets
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Global Net Lease
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Ownership Overview
0.35% Insiders
24.45% Mutual Funds
0.08% Other Institutional Investors
56.52% Public Companies and
Individual Investors