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ESRT Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
OverviewStock Price PredictionTechnicalValuationFinancialsEarningsShould I BuyNews & Events
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Intellectia

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High
5.345
Open
5.330
VWAP
5.30
Vol
819.97K
Mkt Cap
1.50B
Low
5.250
Amount
4.35M
EV/EBITDA(TTM)
26.57
Total Shares
--
EV
4.08B
EV/OCF(TTM)
14.92
P/S(TTM)
3.03
Empire State Realty Trust, Inc. is a real estate investment trust (REIT), which owns and operates a portfolio of office, retail and multifamily assets. The Company’s portfolio consists of approximately 7.8 million rentable square feet of office space, 0.8 million rentable square feet of retail space and 732 residential units. Its office portfolio included 10 properties. Nine of these office properties are located in midtown Manhattan and encompass over 7.6 million rentable square feet of office space and 0.5 million rentable square feet of retail space, including the Empire State Building. The Company’s segments include Real Estate and an Observatory. The Real Estate segment includes all activities related to the ownership, management, operation, acquisition, repositioning and disposition of its office, retail and multifamily assets principally located in New York City. The Observatory segment operates the 86th and 102nd floor observatories in the Empire State Building.
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Events Timeline

(ET)
2025-12-02
08:41:00
Scholastic Corporation Sells Headquarters and Distribution Facility for $401M
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2025-12-02
08:30:00
Empire State Realty Acquires Manhattan Property for $386M
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2025-12-01 (ET)
2025-12-01
16:11:00
Empire State Realty Signs New Retail Leases with HOKA and Tecovas for 8,322 Sq Ft
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2025-11-12 (ET)
2025-11-12
16:31:54
Empire State Realty secures lease for 18,230 square feet expansion
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2025-10-29 (ET)
2025-10-29
16:19:26
Empire State Realty announces Q3 FFO of 23 cents, down from 25 cents last year.
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2025-10-28 (ET)
2025-10-28
09:21:40
Empire State Realty Receives Energy Star NextGen Certification from EPA
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2025-08-27 (ET)
2025-08-27
14:24:51
SL Green and Empire State Realty are among the bidders for Paramount Group, according to TheRealDeal.
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link

News

Businesswire
1.0
03-03Businesswire
Celebrating 100 Days to FIFA World Cup 2026
  • Lighting Ceremony: The FIFA World Cup 2026 mascots and representatives from the U.S., Canada, and Mexico illuminated the Empire State Building to celebrate 100 days until the tournament, symbolizing unity among the three host nations.
  • Historic Tournament Expansion: The 2026 World Cup will be the first hosted by three countries, expanding to 48 teams competing across 16 North American cities, marking a significant increase in the tournament's scale and reach.
  • New York-New Jersey Hosting Role: The New York-New Jersey region will host multiple matches, including the final, expected to draw global fans and boost local economy and tourism, solidifying the region's position on the international sports stage.
  • Cultural Icon of Empire State Building: As a globally recognized landmark, the Empire State Building not only serves as a tourist attraction but also enhances its cultural significance in New York City through its revamped observatory experience, welcoming millions of visitors annually.
Newsfilter
1.0
03-03Newsfilter
Celebrating 100 Days to FIFA World Cup 2026
  • Lighting Ceremony Highlights: The mascots for the 2026 FIFA World Cup and representatives from the U.S., Canada, and Mexico participated in a lighting ceremony at the Empire State Building to celebrate 100 days until the tournament, symbolizing unity among the three host nations.
  • Historic Event: The 2026 FIFA World Cup will be the first to be co-hosted by the U.S., Canada, and Mexico, expanding to 48 teams competing across 16 cities, marking a significant increase in the tournament's scale and reach.
  • Enhanced Visitor Experience: The Empire State Building's observatory has undergone a $165 million redesign, featuring an interactive museum and a new observation deck, attracting millions of visitors and being ranked as New York City's top attraction for four consecutive years, thereby enhancing its commercial value.
  • Economic Boost for Region: New Jersey will host eight World Cup matches, including the final, which is expected to draw fans from around the world, stimulating local economic growth and increasing regional visibility.
Newsfilter
2.0
02-23Newsfilter
Empire State Realty Trust Renewed WELL Health-Safety Rating for Fifth Time
  • Health Safety Certification: Empire State Realty Trust (ESRT) has been awarded the WELL Health-Safety Leadership Award for the fifth consecutive year by the International WELL Building Institute, demonstrating its ongoing commitment to occupant health and well-being while reinforcing its industry-leading position in sustainability and indoor environmental quality.
  • Comprehensive Certification Coverage: Since 2020, ESRT has achieved a 100% WELL Health-Safety Rating across its entire portfolio, showcasing its exceptional performance in health and safety standards, which enhances trust among tenants and employees.
  • Sustainability Goals: In 2025, ESRT is focusing on science-based and ROI-driven sustainability goals, achieving Five Stars and an A rating, while also securing the highest GRESB management score among Americas' companies, further enhancing its competitive edge in the market.
  • Transparency and Accountability: ESRT transparently shares its health and well-being targets and progress through its annual Sustainability Report, reflecting its leadership in promoting healthy buildings and setting a powerful example of a people-first organization.
Newsfilter
8.5
02-23Newsfilter
Empire State Building Launches First Children's Birthday Party Package
  • First Children's Birthday Package: The Empire State Building has launched its first-ever children's birthday party package as part of its 95th anniversary celebrations, fulfilling parents' desires for unique birthday experiences and enhancing brand appeal.
  • Rich Package Offerings: The package includes a guided tour, a private party room, a Ghirardelli sundae chef, artisanal snacks and drinks, accommodating 12 children and 3 adults, expandable to 25 guests, which enhances family gatherings' fun and interactivity.
  • Advance Booking Requirement: To ensure the best experience, the package must be booked at least 28 days in advance and is available during specific hours on Saturdays and Sundays, increasing customer planning and engagement.
  • Observatory Upgrade: The Empire State Building's observatory has undergone a $165 million upgrade, featuring a new interactive museum and redesigned 102nd-floor observatory, further enhancing visitor experience and satisfaction, solidifying its status as a top attraction in New York City.
seekingalpha
8.0
02-20seekingalpha
Empire State Realty Trust Declares Quarterly Dividend
  • Quarterly Dividend Announcement: Empire State Realty Trust (ESRT) declares a quarterly dividend of $0.035 per share, consistent with previous distributions, indicating the company's stable cash flow and shareholder return strategy.
  • Stable Yield: The forward yield of 2.36% reflects the company's attractiveness in the current market environment, potentially drawing more investor interest towards its stock.
  • Record Date for Shareholders: The dividend will be payable on March 31, with a record date of March 13 and an ex-dividend date also on March 13, ensuring shareholders can receive their dividend payouts promptly.
  • Future Earnings Guidance: ESRT signals a 2026 FFO guidance of $0.85 to $0.89 per share, indicating positive progress in the transformation of its NYC portfolio, which may lay the groundwork for future growth.
Businesswire
8.0
02-20Businesswire
Empire State Realty Trust Declares Q1 2026 Dividends
  • Dividend Declaration: Empire State Realty Trust's Board of Directors has declared a dividend of $0.035 per share for Q1 2026, applicable to Class A and Class B common stockholders, reflecting the company's commitment to shareholder returns.
  • Preferred Stock Dividends: Additionally, the board announced dividends of $0.15 and $0.175 per unit for ESRO's Series 2014 and Series 2019 preferred units for Q1 2026, enhancing the attractiveness of investments for preferred shareholders.
  • Payment Schedule: All dividends will be paid in cash on March 31, 2026, with a record date of March 13, 2026, ensuring timely returns for shareholders and demonstrating effective cash flow management by the company.
  • Portfolio Overview: As of December 31, 2025, Empire State Realty Trust's operating portfolio includes approximately 7.6 million square feet of office space and 0.8 million square feet of retail space, showcasing its strong position and growth potential in the New York City real estate market.
Wall Street analysts forecast ESRT stock price to rise
5 Analyst Rating
Wall Street analysts forecast ESRT stock price to rise
2 Buy
2 Hold
1 Sell
Hold
Current: 0.000
sliders
Low
8.30
Averages
9.46
High
11.00
Current: 0.000
sliders
Low
8.30
Averages
9.46
High
11.00
Citi
Neutral
downgrade
$8 -> $7
AI Analysis
2026-02-19
Reason
Citi
Price Target
$8 -> $7
AI Analysis
2026-02-19
downgrade
Neutral
Reason
Citi lowered the firm's price target on Empire State Realty to $7 from $8 and keeps a Neutral rating on the shares.
Evercore ISI
In Line
downgrade
$8 -> $7
2026-02-18
Reason
Evercore ISI
Price Target
$8 -> $7
2026-02-18
downgrade
In Line
Reason
Evercore ISI lowered the firm's price target on Empire State Realty to $7 from $8 and keeps an In Line rating on the shares.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for ESRT
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Valuation Metrics

The current forward P/E ratio for Empire State Realty Trust Inc (ESRT.N) is 150.17, compared to its 5-year average forward P/E of 127.92. For a more detailed relative valuation and DCF analysis to assess Empire State Realty Trust Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
127.92
Current PE
150.17
Overvalued PE
463.68
Undervalued PE
-207.85

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
12.64
Current EV/EBITDA
13.03
Overvalued EV/EBITDA
14.38
Undervalued EV/EBITDA
10.91

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
2.29
Current PS
1.95
Overvalued PS
2.97
Undervalued PS
1.60

Financials

AI Analysis
Annual
Quarterly

Whales Holding ESRT

L
LaSalle Investment Management Securities, LLC
Holding
ESRT
+11.63%
3M Return
C
CenterSquare Investment Management LLC
Holding
ESRT
+11.21%
3M Return
R
Resolution Capital Limited
Holding
ESRT
+9.82%
3M Return
S
Southeastern Asset Management, Inc.
Holding
ESRT
-1.86%
3M Return
Q
Qatar Holding LLC
Holding
ESRT
-6.67%
3M Return

Trading Trends

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Frequently Asked Questions

What is Empire State Realty Trust Inc (ESRT) stock price today?

The current price of ESRT is 5.31 USD — it has decreased -1.12

What is Empire State Realty Trust Inc (ESRT)'s business?

Empire State Realty Trust, Inc. is a real estate investment trust (REIT), which owns and operates a portfolio of office, retail and multifamily assets. The Company’s portfolio consists of approximately 7.8 million rentable square feet of office space, 0.8 million rentable square feet of retail space and 732 residential units. Its office portfolio included 10 properties. Nine of these office properties are located in midtown Manhattan and encompass over 7.6 million rentable square feet of office space and 0.5 million rentable square feet of retail space, including the Empire State Building. The Company’s segments include Real Estate and an Observatory. The Real Estate segment includes all activities related to the ownership, management, operation, acquisition, repositioning and disposition of its office, retail and multifamily assets principally located in New York City. The Observatory segment operates the 86th and 102nd floor observatories in the Empire State Building.

What is the price predicton of ESRT Stock?

Wall Street analysts forecast ESRT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ESRT is9.46 USD with a low forecast of 8.30 USD and a high forecast of 11.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Empire State Realty Trust Inc (ESRT)'s revenue for the last quarter?

Empire State Realty Trust Inc revenue for the last quarter amounts to 180.07M USD, decreased -0.61

What is Empire State Realty Trust Inc (ESRT)'s earnings per share (EPS) for the last quarter?

Empire State Realty Trust Inc. EPS for the last quarter amounts to 0.03 USD, increased 50.00

How many employees does Empire State Realty Trust Inc (ESRT). have?

Empire State Realty Trust Inc (ESRT) has 667 emplpoyees as of March 11 2026.

What is Empire State Realty Trust Inc (ESRT) market cap?

Today ESRT has the market capitalization of 1.50B USD.