Empire State Realty Trust Inc (ESRT)

NYSE
Currency in USD
7.64
-0.17(-2.18%)
Closed·
After Hours
7.640.00(0.00%)
·
ESRT Scorecard
Full Analysis
Trading at a high P/E ratio relative to near-term earnings growth
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Fair Value
Day's Range
7.617.75
52 wk Range
6.5611.62
Key Statistics
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Prev. Close
7.81
Open
7.67
Day's Range
7.61-7.75
52 wk Range
6.56-11.62
Volume
825.69K
Average Vol. (3m)
1.55M
1-Year Change
-19.92%
Book Value / Share
6.15
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
9.67
Upside
+26.53%
Members' Sentiments
Bearish
Bullish
ProTips
Stock price movements are quite volatile
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Empire State Realty Trust Inc Company Profile

Empire State Realty Trust, Inc. (NYSE: ESRT) 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. ESRT’s flagship Empire State Building, the “World's Most Famous Building,” features its iconic Observatory that was declared the #1 Attraction in the World – and the #1 Attraction in the U.S. for the third consecutive year – in Tripadvisor’s 2024 Travelers’ Choice Awards: Best of the Best Things to Do. The Company is a recognized leader in energy efficiency and indoor environmental quality. As of March 31, 2025, ESRT’s portfolio is comprised of approximately 7.9 million rentable square feet of office space, 0.8 million rentable square feet of retail space and 732 residential units.

Empire State Realty Trust Inc SWOT Analysis


Market Resilience
Learn about ESRT's impressive 2.11x Leased versus Expiring ratio, showcasing strong leasing momentum in a challenging office market environment
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
Observatory Outlook
Delve into the Empire State Building Observatory's performance and its potential as a unique revenue driver tied to international tourism recovery
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
Read full SWOT analysis

Empire State Realty Trust Inc Earnings Call Summary for Q1/2025

  • ESRT beats Q1 2025 forecasts with EPS of $0.05 and revenue of $180.07M, stock rises 1.65% to $6.96
  • Manhattan office portfolio 93% leased, multifamily 99% occupied, retail 94% occupied; 231,000 sq ft leased in Q1
  • Full-year Core FFO guidance maintained at $0.86-$0.89 per share; Observatory NOI guidance unchanged at $97-$102M
  • CEO Tony Malkin highlights NYC's appeal to college graduates, expresses confidence in strategic positioning
  • Company faces potential challenges from rising operating expenses and macroeconomic pressures
Last Updated: 04/30/2025, 01:02 PM
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Compare ESRT to Peers and Sector

Metrics to compare
ESRT
Peers
Sector
Relationship
P/E Ratio
25.2x−3.9x8.5x
PEG Ratio
9.65−0.030.01
Price / Book
2.0x1.2x0.9x
Price / LTM Sales
2.8x1.8x3.8x
Upside (Analyst Target)
24.8%12.8%15.8%
Fair Value Upside
Unlock−4.0%2.4%Unlock

Analyst Ratings

3 Buy
3 Hold
1 Sell
Ratings:
7 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 9.67
(+26.53% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 0.31%
Dividend Yield
1.79%
Industry Median 5.08%
Annualized Payout
0.14
Paid quarterly
5-Years Growth
-19.73%
Growth Streak

Earnings

Latest Release
Apr 29, 2025
EPS / Forecast
0.05 / --
Revenue / Forecast
180.07M / 178.72M
EPS Revisions
Last 90 days

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FAQ

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

The Empire State Realty stock price today is 7.64

What Stock Exchange Does Empire State Realty Trade On?

Empire State Realty is listed and trades on the New York Stock Exchange 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 1.83%.

What Is the Empire State Realty Market Cap?

As of today, Empire State Realty market cap is 2.10B.

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

The Empire State Realty EPS (TTM) is 0.31.

When Is the Next Empire State Realty Earnings Date?

Empire State Realty will release its next earnings report on Jul 23, 2025.

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 Neutral.
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