Empire State Realty Trust Inc (ESRT)

Currency in USD
4.84
-0.04(-0.82%)
Closed·
4.85+0.01(+0.21%)
·
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Fair Value
Day's Range
4.814.96
52 wk Range
4.788.07
Key Statistics
Prev. Close
4.88
Open
4.86
Day's Range
4.81-4.96
52 wk Range
4.78-8.07
Volume
1.39M
Average Volume (3m)
2.1M
1-Year Change
-32.5905%
Book Value / Share
10.38
Fair Value
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Fair Value Upside
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ESRT Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
6.10
Upside
+26.03%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a high earnings multiple
Show more

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
Technical Indicators
Strong Sell
Moving Averages
Strong Sell

Analyst Ratings

2 Buy
3 Hold
1 Sell
Ratings:
6 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 6.10
(+26.03% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Wells Fargo
Sell6.00+23.97%6.30MaintainJun 01, 2026
Citi
Hold5.75+18.80%7.00MaintainApr 14, 2026
Wells Fargo
Sell6.30+30.17%6.80MaintainMar 02, 2026
Evercore ISI
Hold7.00+44.63%8.00MaintainFeb 18, 2026
BMO Capital
Buy9.00+85.95%10.00MaintainDec 01, 2025

Empire State Realty Trust Inc SWOT Analysis


NYC-Centric Strategy
Explore ESRT's bold portfolio shift, focusing on prime New York City assets while divesting suburban properties to strengthen its market position
Observatory Outlook
Delve into the Empire State Building Observatory's performance and its potential as a unique revenue driver tied to international tourism recovery
Financial Projections
Analysts revise FFOps estimates to $0.92 for FY24, with a P/FFO ratio of 10.3x, reflecting short-term adjustments and long-term growth expectations
Market Resilience
Learn about ESRT's impressive 2.11x Leased versus Expiring ratio, showcasing strong leasing momentum in a challenging office market environment
Read full SWOT analysis

Empire State Realty Trust Inc Earnings Call Summary for Q2/2026

  • Empire State Realty Trust Q2 revenue of $196.9M missed estimates by 0.93%; posted $0.15 loss per share; stock plunged 14.4% to $4.97 after-hours.
  • Company slashed full-year 2026 Core FFO guidance to $0.75-$0.79 per share, down $0.13 from prior outlook, citing observatory weakness.
  • Observatory NOI collapsed 48.5% YoY to $12.4M as visitation fell 28.5%; shift from international to domestic tourists pressured results.
  • Manhattan office portfolio showed strength: 94.9% occupied, signed 382K sq ft leases including 250K sq ft new deals, highest since late 2021.
  • Completed $275M sale of 250 West 57th Street; acquired land beneath two properties for $110M; secured $245M term loan due 2032 for debt refinancing.
Last Updated: 2026-07-30, 01:12 p/m
Read Full Transcript

Earnings

Latest Release
Jul 29, 2026
EPS / Forecast
-0.15 / --
Revenue / Forecast
196.9M / 198.74M
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 0.02%
Dividend Yield
2.87%
Industry Median 4.74%
Annualized payout
0.14
Paid quarterly
5-Years Growth
+31.95%
Growth Streak

ESRT Income Statement

Compare ESRT to Peers and Sector

Metrics to compare
ESRT
Peers
Sector
Relationship
P/E Ratio
272.7x−2.2x8.7x
PEG Ratio
−2.94−0.010.01
Price/Book
0.8x0.6x0.9x
Price / LTM Sales
1.8x1.3x4.0x
Upside (Analyst Target)
24.0%14.3%18.6%
Fair Value Upside
Unlock14.9%1.8%Unlock

Empire State Realty Trust, Inc. is a NYC-focused REIT that owns and operates a portfolio of well-leased, top of tier, modernized, amenitized, and well-located office, retail, and multifamily assets. The Company is a recognized leader in energy efficiency and indoor environmental quality. As of June 30, 2026, ESRT’s portfolio is comprised of approximately 7.5 million rentable square feet of office space, 0.8 million rentable square feet of retail space and 743 residential units. Empire State Realty Trust, Inc. was established on July 29, 2011, and was incorporated in 2011 in Maryland and is based in New York.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
79.43M46.06%384.43M
Other Institutional Investors
88.36M51.25%427.69M
Public Companies & Retail Investors
4.64M2.69%22.44M
Total
172.43M100.00%834.56M

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Qatar Holding LLC17.34%29,894,869144,691
BlackRock, Inc.9.79%16,877,59981,688

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FAQ

What Is the Empire State Realty (ESRT) Stock Price Today?

The Empire State Realty stock price today is 4.84 USD.

What Stock Exchange Does Empire State Realty Trade On?

Empire State Realty is listed and trades on the New York Stock Exchange.

What Is the Stock Symbol for Empire State Realty?

The stock symbol for Empire State Realty is "ESRT."

Does Empire State Realty Pay Dividends? What’s The Current Dividend Yield?

The Empire State Realty dividend yield is 2.89%.

What Is the Empire State Realty Market Cap?

As of today, Empire State Realty market cap is 1.38B USD.

What Is Empire State Realty's Earnings Per Share (TTM)?

The Empire State Realty EPS (TTM) is 0.02.

When Is the Next Empire State Realty Earnings Date?

Empire State Realty will release its next earnings report on Oct 28, 2026.

From a Technical Analysis Perspective, Is ESRT a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.

How Many Times Has Empire State Realty Stock Split?

Empire State Realty has split 0 times.

How Many Employees Does Empire State Realty Have?

Empire State Realty has 642 employees.

What is the current trading status of Empire State Realty (ESRT)?

As of Aug 08, 2026, Empire State Realty (ESRT) is trading at a price of 4.84 USD, with a previous close of 4.88 USD. The stock has fluctuated within a day range of 4.81 USD to 4.96 USD, while its 52-week range spans from 4.78 USD to 8.07 USD.

What Is Empire State Realty (ESRT) Price Target According to Analysts?

The average 12-month price target for Empire State Realty is 6.10 USD, with a high estimate of 7 USD and a low estimate of 5 USD. 2 analysts recommend buying the stock, while 1 suggest selling, leading to an overall rating of Neutral. The stock has an +26.03% Upside potential.

What Is the ESRT Premarket Price?

ESRT's last pre-market stock price is 4.89 USD. The pre-market share volume is 20.00, and the stock has decreased by 0.01, or 0.20%.

What Is the ESRT After Hours Price?

ESRT's last after hours stock price is 4.85 USD, the stock has decreased by 0.01, or 0.21%.
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