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ESRT

Empire State Realty Trust Inc
$
7.105
+0.145(+2.080%)
  • Overview
  • Forecast
  • Valuation
Line
Line
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Candle
Candle
1D
5D
1M
3M
6M
YTD
1Y
5Y
High
7.110
Open
6.920
VWAP
6.97
Vol
751.81K
Mkt Cap
1.16B
Low
6.760
Amount
5.24M
EV/EBITDA(TTM)
25.39
Total Shares
165.02M
EV
4.03B
EV/OCF(TTM)
15.44
P/S(TTM)
2.53
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 8.6 million rentable square feet of office space, 0.7 million rentable square feet of retail space and 727 residential units. Its office portfolio included 11 properties encompassing approximately 8.6 million rentable square feet. Nine of these office properties are located in midtown Manhattan and encompass approximately 7.6 million rentable square feet, including the Empire State Building. The Company’s segments include Real Estate and an Observatory. Real Estate segment includes all activities related to the ownership, management, operation, acquisition, repositioning and disposition of its commercial and multifamily real estate assets, principally office assets, located in Manhattan. Observatory segment operates the 86th and 102nd floor observatories in the Empire State Building.
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Market Estimates

Earnings Estimates
Revenue
YoY Chg
EPS
YoYChg
FY2025Q3
FY2025Q2
FY2025Q1
200.32M
+0.36%
--
--
193.34M
+2%
--
--
180.59M
-0.32%
--
--
Estimates Revision
The market is revising Downward the revenue expectations for Empire State Realty Trust, Inc. (ESRT) for FY2025, with the revenue forecasts being adjusted by -1.1% over the past three months. During the same period, the stock price has changed by -25.29%.
Revenue Estimates for FY2025
Revise Downward
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-1.1%
In Past 3 Month
Stock Price
Go Down
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-25.29%
In Past 3 Month
3 Analyst Rating
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54.82% Upside
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 is 11.00 USD with a low forecast of 10.00 USD and a high forecast of 13.00  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.
2 Buy
1 Hold
0 Sell
Moderate Buy
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54.82% Upside
Current: 7.105
sliders
Low
10.00
Averages
11.00
High
13.00
BMO Capital
John Kim
Buy
Maintains
$12 → $13
2024-11-15
Reason
BMO Capital raised the firm's price target on Empire State Realty to $13 from $12 and keeps an Outperform rating on the shares. The analyst is citing the firm's tour of Empire State's $225M Williamburg retail portfolio, which has initially been met with some skepticism, and BMO believes the upside potential is attractive, particularly compared with its source of funds. The REIT also has the highest leased percentage among its NYC peers, BMO adds.
Wells Fargo
Blaine Heck
Sell
Maintains
$7 → $10
2024-09-11
Reason
BMO Capital
John Kim
Buy
Maintains
$11 → $12
2024-07-19
Reason

Valuation Metrics

The current forward P/E ratio for Empire State Realty Trust Inc (ESRT.N) is 80.22, compared to its 5-year average forward P/E of 101.26. For a more detailed relative valuation and DCF analysis to assess Empire State Realty Trust Inc 's fair value, click here.

Forward PE

StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
101.26
Current PE
80.22
Overvalued PE
421.28
Undervalued PE
-218.77

Forward EV/EBITDA

StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
Fair
5Y Average EV/EBITDA
12.96
Current EV/EBITDA
11.70
Overvalued EV/EBITDA
14.71
Undervalued EV/EBITDA
11.21

Forward PS

StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
Undervalued
5Y Average PS
2.38
Current PS
1.58
Overvalued PS
3.05
Undervalued PS
1.70

Financials

Annual
Quarterly
FY2024Q4
YoY :
+2.45%
197.60M
Total Revenue
FY2024Q4
YoY :
+5.32%
42.94M
Operating Profit
FY2024Q4
YoY :
+18.72%
18.79M
Net Income after Tax
FY2024Q4
YoY :
+33.33%
0.04
EPS - Diluted
FY2024Q4
YoY :
+1800.40%
-28.62M
Free Cash Flow
FY2024Q4
YoY :
+4.00%
31.95
Gross Profit Margin - %
FY2024Q4
YoY :
-258.59%
-14.21
FCF Margin - %
FY2024Q4
YoY :
+15.83%
9.51
Net Margin - %
FY2024Q4
YoY :
0.00%
3.84
ROIC

Trading Trends

Insider
Insiders areSelling! The selling amount has increased 153.77% over the last month.
Sold
0-3
Months
344.6K
USD
4
3-6
Months
135.8K
USD
2
6-9
Months
0.0
USD
0
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
Hedge Fund
Hedge Funds areBuying! The buying amount has increased 9243.92% over the last quarter.
Sold
0-3
Months
0.0
Volume
0
3-6
Months
319.1K
Volume
1
6-9
Months
0.0
Volume
0
0-12
Months
703.9K
Volume
2
Bought
0-3
0
0.0
Volume
Months
3-6
2
1.2M
Volume
Months
6-9
0
0.0
Volume
Months
0-12
2
13.3K
Volume
Months
Congress Trading
Congress are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
0.0
USD
0
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months

ESRT News & Events

Events Timeline

2025-04-29 (ET)
2025-04-29
16:40:15
Empire State Realty sees FY25 core FFO 86c-89c vs. 95c last year
select
2025-04-29
16:38:45
Empire State Realty reports Q1 core FFO 19c vs. 21c last year
select
2025-04-17 (ET)
2025-04-17
16:16:44
Empire State Realty signs 34K sqf expansion and renewal lease
select
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News

4.5
04-23Newsfilter
Empire State Realty Trust Publishes 2024 Sustainability Report with Major Achievements, Targets, and Metrics
7.5
04-17Newsfilter
Carolina Herrera, Ltd. Signs Renewal and Expansion Lease with Empire State Realty Trust for 34K Square Feet at 501 Seventh Avenue
7.5
04-17Newsfilter
Workday, Inc. Signs 39k Square Foot Renewal and Expansion Lease at the Empire State Building
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FAQ

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

The current price of ESRT is 7.105 USD — it has increased 2.08 % in the last trading day.

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

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What changes have occurred in the market's expectations for Empire State Realty Trust Inc (ESRT)'s fundamentals?

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