ESRT 📈 Empire State Realty Trust - Overview
Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US2921041065
ESRT: Office, Retail, Multifamily, Observatory
Empire State Realty Trust, Inc. (NYSE: ESRT) is a NYC-focused REIT that owns and operates a portfolio of modernized, amenitized, and well-located office, retail, and multifamily assets. The company is the recognized leader in energy efficiency and indoor environmental quality. ESRT's flagship Empire State Building - the World's Most Famous Building - includes its Observatory, Tripadvisor's 2023 Travelers' Choice Awards: Best of the Best the #1 attraction in the US for two consecutive years. As of September 30, 2023, ESRT's portfolio is comprised of approximately 8.6 million rentable square feet of office space, 0.7 million rentable square feet of retail space and 727 residential units across three multifamily properties. Web URL: https://www.esrtreit.com
Additional Sources for ESRT Stock
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
ESRT Stock Overview
| Market Cap in USD | 2,896m |
| Sector | Real Estate |
| Industry | REIT - Diversified |
| GiC Sub-Industry | Diversified REITs |
| IPO / Inception | 2013-10-02 |
ESRT Stock Ratings
| Growth 5y | 0.90% |
| Fundamental | 19.0% |
| Dividend | 14.0% |
| Rel. Strength Industry | -19.3 |
| Analysts | 2.86/5 |
| Fair Price Momentum | 9.43 USD |
| Fair Price DCF | 6.56 USD |
ESRT Dividends
| Dividend Yield 12m | 1.03% |
| Yield on Cost 5y | 0.83% |
| Annual Growth 5y | -19.73% |
| Payout Consistency | 89.8% |
ESRT Growth Ratios
| Growth Correlation 3m | -13% |
| Growth Correlation 12m | 68.2% |
| Growth Correlation 5y | 11.5% |
| CAGR 5y | -4.28% |
| CAGR/Mean DD 5y | -0.13 |
| Sharpe Ratio 12m | 0.21 |
| Alpha | -19.92 |
| Beta | 1.04 |
| Volatility | 31.37% |
| Current Volume | 2117.8k |
| Average Volume 20d | 1123.7k |
What is the price of ESRT stocks?
As of December 22, 2024, the stock is trading at USD 10.15 with a total of 2,117,767 shares traded.
Over the past week, the price has changed by -9.33%, over one month by -5.55%, over three months by -7.52% and over the past year by +5.22%.
As of December 22, 2024, the stock is trading at USD 10.15 with a total of 2,117,767 shares traded.
Over the past week, the price has changed by -9.33%, over one month by -5.55%, over three months by -7.52% and over the past year by +5.22%.
Is Empire State Realty Trust a good stock to buy?
Neither. Based on ValueRay Fundamental Analyses, Empire State Realty Trust is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 18.97 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of ESRT as of December 2024 is 9.43. This means that ESRT is currently overvalued and has a potential downside of -7.09%.
Neither. Based on ValueRay Fundamental Analyses, Empire State Realty Trust is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 18.97 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of ESRT as of December 2024 is 9.43. This means that ESRT is currently overvalued and has a potential downside of -7.09%.
Is ESRT a buy, sell or hold?
Empire State Realty Trust has received a consensus analysts rating of 2.86. Therefor, it is recommend to hold ESRT.
Empire State Realty Trust has received a consensus analysts rating of 2.86. Therefor, it is recommend to hold ESRT.
- Strong Buy: 0
- Buy: 1
- Hold: 5
- Sell: 0
- Strong Sell: 1
What are the forecast for ESRT stock price target?
According to ValueRays Forecast Model, ESRT Empire State Realty Trust will be worth about 10.3 in December 2025. The stock is currently trading at 10.15. This means that the stock has a potential upside of +1.38%.
According to ValueRays Forecast Model, ESRT Empire State Realty Trust will be worth about 10.3 in December 2025. The stock is currently trading at 10.15. This means that the stock has a potential upside of +1.38%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | 11.3 | 11.5% |
| Analysts Target Price | 8.8 | -13.3% |
| ValueRay Target Price | 10.3 | 1.4% |