Education
About Us
Working with TipRanks
Follow Us
Empire State Realty (ESRT)
NYSE:ESRT
ESRT Stock Chart & Stats
Day’s Range― - ―
52-Week Range$7.88 - $11.62
Previous CloseN/A
Volume142.77K
Average Volume (3M)1.45M
Market Cap
$1.34B
Enterprise Value$5.79B
Total Cash (Recent Filing)$385.46M
Total Debt (Recent Filing)$2.48B
Price to Earnings (P/E)28.2
Beta1.19
Next Earnings
Apr 23, 2025EPS EstimateN/A
Last Dividend Ex-Date
Mar 14, 2025Dividend Yield1.76%
Share Statistics
EPS (TTM)0.28
Shares Outstanding166,736,220
10 Day Avg. Volume1,341,504
30 Day Avg. Volume1,448,676
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.74
Price to Cash Flow (P/CF)6.70
P/FCF Ratio6.70
Enterprise Value/Market Cap4.33
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit13.99
Enterprise Value/Ebitda16.54
Forecast
1Y Price Target
$11.00Price Target Upside37.67% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
---
Empire State Realty News
PremiumCompany Announcements
Empire State Realty Trust Reports Solid 2024 Results
PremiumCompany Announcements
Empire State Realty Trust: Strong Leasing Drives Positive Earnings Call
PremiumCompany Announcements
Empire State Realty Reports Strong 2024 Financial Results
---
Bulls Say, Bears Say
Bulls Say
Analyst RecommendationsThe analyst's recommendation has upgraded ESRT to Outperform from Peer Perform, indicating a positive outlook.
Financial PerformanceThe company's Q3 funds from operations were higher than expected due to term fees, leading to an upward adjustment in guidance.
Leasing ActivityESRT's leased rate improved to 93.5%, above 90.0% YE occupancy guidance, while 4Q24 leasing activity accelerated.
Bears Say
Earnings Forecast2025 Core FFOps introduced 4.9% below the Street (-3.8% y/y ex one-time items), with Cash SSNOI of -0.25% at midpoint.
Observatory PerformanceThe number of visitors to the company's observatory was lower than estimated, which could impact revenue.
Travel WarningsThere are signs of potential risk due to government warnings about US travel, which may affect the Observatory's performance.
---
Ownership Overview
0.38% Insiders
24.82% Mutual Funds
12.20% Other Institutional Investors
44.09% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
ESRT FAQ
What was Empire State Realty’s price range in the past 12 months?
Empire State Realty lowest stock price was $7.88 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 $1.34B.
When is Empire State Realty’s upcoming earnings report date?
Empire State Realty’s upcoming earnings report date is Apr 23, 2025 which is in 29 days.
How were Empire State Realty’s earnings last quarter?
Empire State Realty released its earnings results on Feb 19, 2025. The company reported $0.07 earnings per share for the quarter, beating the consensus estimate of N/A by $0.07.
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 1.76%. 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 166,736,220 shares outstanding.
What happened to Empire State Realty’s price movement after its last earnings report?
Empire State Realty reported an EPS of $0.07 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -2.899%.
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
Underperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$11.00 (37.67% Upside)
$11.00 (37.67% Upside)
Blogger Sentiment
Neutral
ESRT Sentiment 50%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 1.7M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.2%
Last 30 Days ▼ 16.3%
Last 30 Days ▼ 16.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-20.24%
12-Months-Change
Fundamentals
Return on Equity
5.12%
Trailing 12-Months
Asset Growth
6.90%
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
Q4 2025
0:00 / 0:00
Earnings Call Sentiment|Positive
Empire State Realty Trust showcased strong leasing momentum, significant growth in the observatory business, and strategic diversification into multifamily and retail assets. However, challenges include a decline in same-store property cash NOI and a relatively flat projection for the observatory business in 2025. The core FFO guidance for 2025 also indicates a slight decrease. Overall, the highlights, particularly the strong leasing performance and financial stability, outweigh the lowlights.Read More>---
ESRT Stock 12 Month Forecast
Average Price Target
$11.00
▲(37.67% Upside)
Technical Analysis
Boston Properties
―
Hudson Pacific Properties
―
SL Green Realty
―
Vornado Realty
―
Paramount Group
―
Best Analysts Covering ESRT
1 Year
1 Year Success Rate
7/11 ratings generated profit
1 Year Average Return
-0.62%
assigned a sell rating 5 months ago
Copying Blaine Heck's trades and holding each position for 1 Year would result in 63.64% of your transactions generating a profit, with an average return of -0.62% per trade.
---