Empire State Realty Trust, Inc.

Empire State Realty Trust, Inc.

ESRTยทNYSE

$5.34

-6.2%
Real EstateREIT - Diversified

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.

At a Glance

Live Snapshot
Market Cap$916.45M
EPS0.2600
P/E Ratio20.56
Earnings Date07/22/2026
esrt

Empire State Realty Trust, Inc. Street Expectations Map

ESRT ยท NYSE

Wall Street analysts project that ESRT stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 7.00, with estimates ranging from a low of 7.00 to a high of 7.00.

Lowest Target
7.00
30.96%
Consensus Target
7.00
30.96%
Highest Target
7.00
30.96%

The consensus 1-year price target stands at 7.00, with estimates ranging from a low of 7.00 to a high of 7.00.

Analyst Consensus Analysis

Upside Potential

+31.0%

Substantial upside potential. Analysts see significant value gap, suggesting the stock may be materially undervalued at current levels.

Analyst Agreement

0.0% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Analyst Conviction

Very High

Strong buy conviction: High upside with tight consensus suggests compelling investment opportunity backed by analyst confidence.

Market Sentiment Insight

Rare opportunity: Exceptional upside potential with strong analyst consensus creates a compelling setup. The combination of significant price target premium and tight agreement suggests high-conviction undervaluation that may attract institutional capital.

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Empire State Realty Trust, Inc. Forward Estimates of Revenue

ESRT ยท NYSE
Latest Revenue
768.27M
FY 2025
Avg Estimate
777.96M
FY 2026
Estimate Range
772.27M - 783.65M
Analyst Spread

Forward Growth Analysis

Projected Growth+1.3%

Flat growth suggests market maturity or near-term challenges offsetting expansion efforts.

Analyst Coverage2 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread1%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

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Empire State Realty Trust, Inc. Forward Estimates of Net Income

ESRT ยท NYSE
Latest Net Income
47.60M
FY 2025
Avg Estimate
16.15M
FY 2026
Estimate Range
16.04M - 16.25M
Analyst Spread

Forward Growth Analysis

Projected Growth-66.1%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage2 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread1%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

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Empire State Realty Trust, Inc. Forward Estimates of EPS

ESRT ยท NYSE
Latest EPS
0.26
FY 2025
Avg Estimate
$0.06
FY 2026
Estimate Range
$0.06 - $0.06
Analyst Spread

Forward Growth Analysis

Projected Growth-76.9%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage1 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread1%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

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Empire State Realty Trust, Inc. Forward Estimates of EBIT

ESRT ยท NYSE
Latest EBIT
179.32M
FY 2025
Avg Estimate
144.28M
FY 2026
Estimate Range
143.22M - 145.33M
Analyst Spread

Forward Growth Analysis

Projected Growth-19.5%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage2 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread1%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

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Empire State Realty Trust, Inc. Forward Estimates of EBITDA

ESRT ยท NYSE
Latest EBITDA
374.08M
FY 2025
Avg Estimate
370.08M
FY 2026
Estimate Range
367.37M - 372.79M
Analyst Spread

Forward Growth Analysis

Projected Growth-1.1%

Declining expectations indicate headwindsโ€”investigate whether temporary or structural issues.

Analyst Coverage2 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread1%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

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Empire State Realty Trust, Inc. Forward Estimates of SG&A Expense

ESRT ยท NYSE
Latest SG&A Expense
72.84M
FY 2025
Avg Estimate
71.58M
FY 2026
Estimate Range
71.06M - 72.10M
Analyst Spread

Forward Growth Analysis

Projected Growth-1.7%

Declining expectations indicate headwindsโ€”investigate whether temporary or structural issues.

Analyst Coverage2 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread1%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

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Empire State Realty Trust, Inc. Insider Positioning

ESRT ยท NYSE

During the last 12 months, there has been no insider trading activity reported for ESRT.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

No buying activity

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Neutral

No insider trading activity reported. This could indicate blackout periods, lack of conviction, or regulatory restrictions.

Insider Participation

No Activity

No insider trading activity reported from any insiders in the past year.