Empire State Realty Trust, Inc.

NYSE:ESRT Lagerbericht

Marktkapitalisierung: US$1.4b

Empire State Realty Trust Vergangene Ertragsentwicklung

Vergangenheit Kriterienprüfungen 1/6

Empire State Realty Trust verzeichnete einen durchschnittlichen jährlichen Gewinnzuwachs von 25.8%, während die Gewinne der Branche Office REITs jährlich um rückläufig und zwar um 17.2%. Die Umsätze verzeichneten einen durchschnittlichen jährlichen Gewinnzuwachs von gewachsen von 5.4%. Die Eigenkapitalrendite von Empire State Realty Trust beträgt 0.5% und die Nettomargen betragen 0.4%.

Wichtige Informationen

25.85%

Wachstumsrate der Gewinne

25.23%

EPS-Wachstumsrate

Office REITs Wachstum der Industrie3.05%
Wachstumsrate der Einnahmen5.39%
Eigenkapitalrendite0.52%
Netto-Marge0.39%
Letzte Ertragsaktualisierung30 Jun 2026

Jüngste Aktualisierungen vergangener Leistungen

Recent updates

Seeking Alpha Aug 05

Empire State Realty: Prime NYC Real Estate At Attractive Discount

Summary I believe shares in Empire State Realty appear attractive at its current 52-week lows and at a forward P/FFO of sub 6x. The multiple is a fraction of its NYC-based peers, SL Green and Vornado, who trade at forwards of 11x and 17x, respectively. I continue to like ESRT’s observatory operations despite the significant decline in YOY visitation. I further view the likelihood of an eventual recovery as a catalyst for continued growth. I can see shares recovering to 8x forward FFO over the medium to long-term. This would imply a fair price of just over $6/share or 20% above current trading levels. Read the full article on Seeking Alpha
Narrative-Update Jul 25

ESRT: Rooftop Amenities And Higher Discount Rate Will Drive Balanced Outlook

Analysts have trimmed their price target on Empire State Realty Trust to $6 from $6.50, citing updated fair value estimates, a higher discount rate, and revised assumptions for revenue growth, profit margins, and future P/E multiples. What's in the News for Empire State Realty Trust Empire State Realty Trust announced the grand opening of the Rooftop at 1333 Broadway, described as the final piece of its Broadway Portfolio amenity package.
Narrative-Update Jul 10

ESRT: Refreshed Discount Assumptions And Amenities Will Support Future Upside Potential

Analysts have reduced their fair value estimate for Empire State Realty Trust from $9.00 to $7.00, citing updated assumptions on discount rates, revenue growth, profit margins, and a lower future P/E following recent price target cuts after the NAREIT Conference. Analyst Commentary Recent research on Empire State Realty Trust points to a more cautious stance on valuation, with price targets adjusted following the NAREIT Conference.
Narrative-Update Jun 08

ESRT: Capital Recycling And Midtown Land Consolidation Will Support Future Repricing Potential

Analysts have trimmed the 12 month price target for Empire State Realty Trust by $0.50 to $6.00, citing updated views following recent industry conferences and refreshed assumptions for growth, margins, and valuation multiples. Analyst Commentary Recent research updates indicate that analysts are reassessing Empire State Realty Trust's valuation following sector conversations at industry conferences, with price targets nudged lower but core views on the stock's positioning broadly maintained.
Narrative-Update May 25

ESRT: NYC Leasing And Capital Recycling Will Support Future Repricing Potential

Analysts recently lowered their price target on Empire State Realty Trust by $1.25 to reflect updated views on the company’s outlook and valuation drivers. Analyst Commentary Analysts trimming the price target by $1.25 signals a recalibration of expectations rather than a complete shift in the core thesis around Empire State Realty Trust.
Narrative-Update May 06

ESRT: NYC Leasing And Capital Recycling Will Support Forward Repricing Potential

Analysts have trimmed their price targets on Empire State Realty Trust to $7.00 from $8.25, citing updated views on revenue growth, profit margins, discount rates, and future P/E assumptions. Analyst Commentary Recent research updates on Empire State Realty Trust have focused on recalibrating price targets to US$7.00, with analysts aligning their views around current assumptions for revenue, margins, discount rates, and P/E multiples.
Narrative-Update Apr 21

ESRT: NYC Leasing And Capital Recycling Will Support Future Upside

Narrative Update The updated analyst price target for Empire State Realty Trust reflects a modest fair value move from about $6.86 to $6.61. This is in line with recent reductions in Street targets to $7 from $8 as analysts factor in slightly higher discount rates and a lower assumed future P/E multiple.
Narrative-Update Apr 07

ESRT: Leasing Momentum And NYC Asset Shift Will Support Future Upside

Analysts have reduced their implied fair value for Empire State Realty Trust from $7.26 to $6.86, reflecting recent cuts in Street price targets to $7 from $8 and a slightly lower future P/E assumption. Analyst Commentary Recent Street research has centered on a reset of price targets for Empire State Realty Trust to $7 from $8, alongside a Neutral and an In Line rating.
Narrative-Update Mar 24

ESRT: Neutral Ratings And Leasing Progress Will Support Future Upside Potential

Analysts have trimmed their 12 month price target for Empire State Realty Trust to $7 from $8, reflecting updated views on fair value, discount rate, growth, margins and future P/E assumptions. Analyst Commentary Recent research updates show a consistent reset of fair value assumptions for Empire State Realty Trust, with both major firms now aligning on a US$7 price target and maintaining neutral stances rather than expressing clear positive or negative conviction.
Narrative-Update Mar 08

ESRT: Leasing Momentum And Buybacks Will Support Future Upside Potential

Analysts have trimmed their average price target on Empire State Realty Trust to $7 from $8, with the shift reflecting updated views on discount rates, profit margins, and longer term P/E assumptions in recent research. Analyst Commentary Recent research on Empire State Realty Trust points to a more measured stance on the shares, with price targets adjusted to $7 and ratings held in the middle of the range.
Narrative-Update Feb 22

ESRT: Buybacks And New Manhattan Leasing Are Expected To Unlock Upside

Narrative Update The analyst price target for Empire State Realty Trust has been reduced by $1 to $7, as analysts reflect a lower fair value estimate of $7.36, a slightly higher discount rate, softer revenue growth and profit margin assumptions, and a higher future P/E of 129.45x. Analyst Commentary Recent research updates point to a tighter range of expectations around Empire State Realty Trust, with several firms reducing price targets but maintaining their existing ratings.
Narrative-Update Feb 08

ESRT: Cautious Outlook Will Balance Buybacks With Broadway Acquisition Risk

Analysts have trimmed their price target on Empire State Realty Trust to US$6.80 from US$8.30, citing generally healthy REIT operating conditions while maintaining a cautious stance on the shares. Analyst Commentary Bearish analysts are signaling a more cautious stance on Empire State Realty Trust after the latest review of the stock, pointing to risks that they believe are not fully reflected in the current share price.
Narrative-Update Jan 24

ESRT: Share Repurchases And Portfolio Leasing Will Support Future Upside Potential

Narrative Update Analysts have trimmed their fair value estimate for Empire State Realty Trust from about US$10.00 to roughly US$9.00, citing modestly higher discount rates, slightly softer revenue growth and profit margin assumptions, and a lower future P/E outlook, even as recent REIT earnings broadly reflected healthy operating conditions. Analyst Commentary Recent research commentary points to a more cautious stance on Empire State Realty Trust, with a lower fair value framework and a reduced published price target.
Narrative-Update Jan 09

ESRT: Buybacks And Leasing Execution Will Drive Future Upside Potential

Analysts have trimmed their price targets on Empire State Realty Trust, with one prominent cut from US$8.30 to US$6.80. This reflects updated fair value estimates and views on sector operating conditions despite generally healthy recent REIT earnings.
Narrative-Update Dec 14

ESRT: Share Repurchases And Leasing Strength Will Support Future Upside Potential

Analysts have lowered their price target on Empire State Realty Trust to $6.80 from $8.30, citing a more cautious view on valuation despite generally healthy operating conditions across most REITs. Analyst Commentary Analysts remain divided on Empire State Realty Trust, with the latest price target cut to $6.80 reflecting a more conservative stance on valuation, even as fundamentals appear broadly stable across the REIT sector. Bullish Takeaways Bullish analysts point to generally healthy Q3 2025 operating conditions across the REIT universe, suggesting that Empire State Realty Trust should continue to benefit from a supportive demand backdrop.
Narrative-Update Nov 30

ESRT: Leasing Momentum Will Support Resilient Performance Amid Market Uncertainty

Empire State Realty Trust's analyst price target has been reduced from $8.97 to $8.55 per share, as analysts cite ongoing macroeconomic and labor market concerns even though the REIT sector has generally shown stable performance. Analyst Commentary Bullish Takeaways Several analysts note that, despite current macroeconomic and labor market headwinds, the majority of REITs, including Empire State Realty Trust, reported stable earnings and maintained positive outlooks for Q3 2025.
Analyseartikel Feb 22

Earnings Beat: Empire State Realty Trust, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Empire State Realty Trust, Inc. ( NYSE:ESRT ) shareholders are probably feeling a little disappointed, since its shares...
Seeking Alpha Jan 20

Empire State Realty Trust In An Empire State Of Mind, As NYC Office Demand Returns

Summary ESRT gets a buy rating, more bullish than the consensus, as macro and micro-level growth factors drive future upside potential. A strong profit margin vs peers, and stable positive cash flow per share, add to the upside case. This stock does not have a strong 5-year dividend growth CAGR, for investors focused on proven dividend growth stocks. An overconcentration in one geography, and heavy concentration in office property, could pose a portfolio risk to consider, compared to REITs that have nationwide properties. Read the full article on Seeking Alpha
Seeking Alpha Dec 15

Empire State Realty Trust Is A Way To Go Long New York City

Summary Empire State Realty Trust has surged 16% in the past year, driven by Manhattan's office market recovery and increasing return-to-office mandates. ESRT's fiscal 2024 third-quarter revenue rose 4.2% year-over-year, fueled by its diversified portfolio, including the iconic Empire State Building. The REIT's strong FFO growth, record free cash flow, and strategic acquisitions position it well for future expansion and increased occupancy rates. Trading at 10.8x annualized Q3 FFO, ESRT is reasonably valued, with a promising outlook for its core assets. Read the full article on Seeking Alpha
Seeking Alpha Sep 10

Empire State Realty Trust: Expensive Valuation, Wait For A Better Entry Point

Summary Empire State Realty Trust offers investors exposure to NYC real estate, including office, retail, and multifamily properties, and the iconic Empire State Building. The REIT's diverse portfolio includes significant rentable office and retail space, along with 727 residential units, providing a balanced investment opportunity. Q2'24 results came in better than expected and the near-term outlook looks strong with occupancy gains ahead for the office portfolio. Compared to its peers, ESRT looks expensive and so investors should consider waiting for a better entry point before initiating a position. Read the full article on Seeking Alpha
User avatar
Neues Narrative Sep 05

Williamsburg Expansion And ESG Focus Risk Undermining ESRT's Financial Stability

Expansion into Williamsburg and an optimistic office leasing strategy amidst evolving work dynamics might increase operational risks and strain occupancy rates.

Aufschlüsselung der Einnahmen und Ausgaben

Wie Empire State Realty Trust Geld verdient und ausgibt. Basierend auf den neuesten gemeldeten Einnahmen der letzten zwölf Monate.


Gewinn- und Umsatzhistorie

NYSE:ESRT Einnahmen, Ausgaben und Erträge (USD Millions)
DatumEinnahmenGewinnAllgemeine und VerwaltungskostenF&E-Ausgaben
30 Jun 267833750
31 Mar 2677735740
31 Dec 2576843730
30 Sep 2576635720
30 Jun 2576340720
31 Mar 2576251710
31 Dec 2476347700
30 Sep 2475845690
30 Jun 2475543660
31 Mar 2475648640
31 Dec 2374049640
30 Sep 2372853640
30 Jun 2372047640
31 Mar 2370954640
31 Dec 2270736620
30 Sep 2268621590
30 Jun 226568580
31 Mar 22627-19560
31 Dec 21608-11560
30 Sep 21591-8560
30 Jun 21584-9560
31 Mar 21574-24600
31 Dec 20600-17620
30 Sep 206500650
30 Jun 2069424650
31 Mar 2073048630
31 Dec 1972749610
30 Sep 1971455580
30 Jun 1970956570
31 Mar 1971161540
31 Dec 1870866530
30 Sep 1870560530
30 Jun 1870562530
31 Mar 1870262520
31 Dec 1769663500
30 Sep 1768862500
30 Jun 1767959490
31 Mar 1767054490
31 Dec 1667051490
30 Sep 1666443450
30 Jun 1666138440
31 Mar 1666038400
31 Dec 1565634380
30 Sep 1566030380

Qualität der Erträge: ESRT hat einen großen einmalig Verlust von $25.3M verbucht, der sich auf die Finanzergebnisse der letzten 12 Monate bis zum 30th June, 2026 auswirkt.

Wachsende Gewinnspanne: ESRTDie aktuellen Gewinnspannen (0.4%) sind niedriger als im letzten Jahr (5.3%).


Analyse von freiem Cashflow und Gewinn


Analyse des Gewinnwachstums in der Vergangenheit

Ergebnisentwicklung: ESRT ist in den letzten 5 Jahren profitabel geworden und hat seinen Gewinn um 25.8% pro Jahr gesteigert.

Beschleunigtes Wachstum: ESRTDas Unternehmen hat im vergangenen Jahr ein negatives Gewinnwachstum verzeichnet, so dass es nicht mit seinem 5-Jahres-Durchschnitt verglichen werden kann.

Erträge im Vergleich zur Industrie: ESRT hatte im vergangenen Jahr ein negatives Gewinnwachstum (-92.4%), was einen Vergleich mit dem Branchendurchschnitt Office REITs (-22.8%) erschwert.


Eigenkapitalrendite

Hohe Eigenkapitalrendite: ESRTDie Eigenkapitalrendite des Unternehmens (0.5%) wird als niedrig angesehen.


Kapitalrendite


Rendite auf das eingesetzte Kapital


Entdecken Sie starke Unternehmen, die in der Vergangenheit erfolgreich waren

Unternehmensanalyse und Finanzdaten Status

DatenZuletzt aktualisiert (UTC-Zeit)
Unternehmensanalyse2026/08/14 05:35
Aktienkurs zum Tagesende2026/08/14 00:00
Gewinne2026/06/30
Jährliche Einnahmen2025/12/31

Datenquellen

Die in unserer Unternehmensanalyse verwendeten Daten stammen von S&P Global Market Intelligence LLC. Die folgenden Daten werden in unserem Analysemodell verwendet, um diesen Bericht zu erstellen. Die Daten sind normalisiert, was zu einer Verzögerung bei der Verfügbarkeit der Quelle führen kann.

PaketDatenZeitrahmenBeispiel US-Quelle *
Finanzdaten des Unternehmens10 Jahre
  • Gewinn- und Verlustrechnung
  • Kapitalflussrechnung
  • Bilanz
Konsensschätzungen der Analysten+3 Jahre
  • Finanzielle Vorausschau
  • Kursziele der Analysten
Marktpreise30 Jahre
  • Aktienkurse
  • Dividenden, Splits und Aktionen
Eigentümerschaft10 Jahre
  • Top-Aktionäre
  • Insiderhandel
Verwaltung10 Jahre
  • Das Führungsteam
  • Direktorium
Wichtige Entwicklungen10 Jahre
  • Ankündigungen des Unternehmens

* Beispiel für US-Wertpapiere, für nicht-US-amerikanische Wertpapiere werden gleichwertige regulatorische Formulare und Quellen verwendet.

Sofern nicht anders angegeben, beziehen sich alle Finanzdaten auf einen Jahreszeitraum, werden aber vierteljährlich aktualisiert. Dies wird als Trailing Twelve Month (TTM) oder Last Twelve Month (LTM) Daten bezeichnet. Erfahren Sie mehr.

Analysemodell und Schneeflocke

Details zum Analysemodell, mit dem dieser Bericht erstellt wurde, finden Sie auf unserer Github-Seite; außerdem bieten wir Leitfäden zur Nutzung unserer Berichte und Tutorials auf Youtube an.

Erfahren Sie mehr über das Weltklasse-Team, das das Simply Wall St-Analysemodell entworfen und entwickelt hat.

Metriken für Industrie und Sektor

Unsere Branchen- und Sektionskennzahlen werden alle 6 Stunden von Simply Wall St berechnet. Details zu unserem Verfahren finden Sie auf Github.

Analysten-Quellen

Empire State Realty Trust, Inc. wird von 18 Analysten beobachtet. 3 dieser Analysten hat die Umsatz- oder Gewinnschätzungen übermittelt, die als Grundlage für unseren Bericht dienen. Die von den Analysten übermittelten Daten werden im Laufe des Tages aktualisiert.

AnalystEinrichtung
John KimBMO Capital Markets Equity Research
Juan SanabriaBMO Capital Markets Equity Research
Jing Xian Tan BonnelBofA Global Research