Empire State Realty Trust Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Empire State Realty Trust in the last twelve months. There are currently 2 sell ratings, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Empire State Realty Trust stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ESRT, but not buy additional shares or sell existing shares.
View analyst ratings for Empire State Realty Trust or view top-rated stocks.

Wall Street analysts have given Empire State Realty Trust a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Empire State Realty Trust wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Empire State Realty Trust is scheduled to release its next quarterly earnings announcement on Wednesday, April 28th 2021.
View our earnings forecast for Empire State Realty Trust.

Empire State Realty Trust will be holding an earnings conference call on Wednesday, April 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Empire State Realty Trust, Inc. (NYSE:ESRT) posted its quarterly earnings results on Wednesday, October, 28th. The real estate investment trust reported ($0.05) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.13 by $0.18. Empire State Realty Trust had a trailing twelve-month return on equity of 0.25% and a net margin of 0.69%.
View Empire State Realty Trust's earnings history.

Empire State Realty Trust's stock was trading at $10.67 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ESRT shares have increased by 6.7% and is now trading at $11.38.
View which stocks have been most impacted by COVID-19.

Empire State Realty Trust announced a quarterly dividend on Tuesday, June 9th. Shareholders of record on Friday, June 19th will be given a dividend of $0.105 per share on Tuesday, June 30th. This represents a $0.42 annualized dividend and a dividend yield of 3.69%. The ex-dividend date is Thursday, June 18th.
View Empire State Realty Trust's dividend history.

4 analysts have issued 1-year target prices for Empire State Realty Trust's stock. Their forecasts range from $6.50 to $14.00. On average, they anticipate Empire State Realty Trust's stock price to reach $10.17 in the next year. This suggests that the stock has a possible downside of 10.7%.
View analysts' price targets for Empire State Realty Trust or view top-rated stocks among Wall Street analysts.

32 employees have rated Empire State Realty Trust CEO Anthony E. Malkin on Glassdoor.com. Anthony E. Malkin has an approval rating of 63% among Empire State Realty Trust's employees. This puts Anthony E. Malkin in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Empire State Realty Trust include Starwood Property Trust (STWD), Rexford Industrial Realty (REXR), Life Storage (LSI), Apartment Income REIT (AIRC), Brixmor Property Group (BRX), First Industrial Realty Trust (FR), Healthcare Trust of America (HTA), EastGroup Properties (EGP), American Campus Communities (ACC), The Howard Hughes (HHC), Douglas Emmett (DEI), STAG Industrial (STAG), Cousins Properties (CUZ), MGM Growth Properties (MGP) and CoreSite Realty (COR).
View all of ESRT's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Empire State Realty Trust investors own include Exxon Mobil (XOM), QUALCOMM (QCOM), Intel (INTC), Cisco Systems (CSCO), Raytheon Technologies (RTX), Verizon Communications (VZ), Bank of America (BAC), CVS Health (CVS), General Electric (GE) and AT&T (T).

Empire State Realty Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "ESRT."

Empire State Realty Trust's stock is owned by many different institutional and retail investors. Top institutional shareholders include State of Alaska Department of Revenue (0.03%) and Pensionfund DSM Netherlands (0.03%).
View institutional ownership trends for Empire State Realty Trust.

ESRT stock was sold by a variety of institutional investors in the last quarter, including Pensionfund DSM Netherlands.
View insider buying and selling activity for Empire State Realty Trust or view top insider-selling stocks.

ESRT stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue.
View insider buying and selling activity for Empire State Realty Trust or or view top insider-buying stocks.

Shares of ESRT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of ESRT stock can currently be purchased for approximately $11.38.

Empire State Realty Trust has a market capitalization of $1.95 billion and generates $731.34 million in revenue each year. The real estate investment trust earns $51.19 million in net income (profit) each year or $0.90 on an earnings per share basis.

Empire State Realty Trust employs 755 workers across the globe.

The official website for Empire State Realty Trust is www.empirestaterealtytrust.com.

Empire State Realty Trust is headquartered at 111 WEST 33RD STREET 12TH FL, NEW YORK NY, 10120.

Empire State Realty Trust's mailing address is 111 WEST 33RD STREET 12TH FL, NEW YORK NY, 10120. The real estate investment trust can be reached via phone at 212-687-8700 or via email at [email protected]