Empire State Realty Trust, Inc.

NYSE:ESRT Voorraadrapport

Marktkapitalisatie: US$1.5b

Empire State Realty Trust Toekomstige groei

Future criteriumcontroles 0/6

Empire State Realty Trust zal naar verwachting zijn omzet verhogen met 3.2% per jaar.

Belangrijke informatie

n/a

Groei van de winst

n/a

Groei van de winst per aandeel

Office REITs winstgroei-2.6%
Inkomstengroei3.2%
Toekomstig rendement op eigen vermogen0.67%
Dekking van analisten

Low

Laatst bijgewerkt08 Jun 2026

Recente toekomstige groei-updates

Recent updates

Narratiefupdate • 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.
Narratiefupdate • 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.
Narratiefupdate • 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.
Narratiefupdate • 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.
Seeking Alpha • Apr 07

Empire State Realty: Positive Leasing Spreads On Healthy Manhattan Office Market

Summary Empire State Realty Trust trades at a historically low 5.6x multiple to FFO despite resilient Manhattan leasing and NOI growth. ESRT has maintained positive leasing spreads for 18 consecutive quarters, with its office occupancy at 89.9% and total commercial occupancy at 90.3%. Dividend yield is 2.71%, below the US 10-year Treasury, making ESRT more of an FFO recovery play than an income play. I rate ESRT a Buy, supported by manageable debt maturities, growing retail exposure, and discounted valuation versus broader market headwinds. Read the full article on Seeking Alpha
Narratiefupdate • 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.
Narratiefupdate • 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.
Narratiefupdate • 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.
Narratiefupdate • 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.
Narratiefupdate • 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.
Narratiefupdate • 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.
Narratiefupdate • 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.
Narratiefupdate • 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.
Narratiefupdate • 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
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Nieuw narratief • 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.
Analyseartikel • May 03

Shareholders May Not Be So Generous With Empire State Realty Trust, Inc.'s (NYSE:ESRT) CEO Compensation And Here's Why

Key Insights Empire State Realty Trust will host its Annual General Meeting on 9th of May CEO Tony Malkin's total...
Seeking Alpha • Mar 05

Empire State Realty Trust: A Bet On The Mean Reversion

Summary Like its peers, Empire State Realty Trust suffered greatly through the pandemic. But Empire State has done perhaps the best job of any NYC REIT of returning to pre-pandemic levels. It's now expanding and diversifying, leveraging its strong financial position. A massive buyback program could turbocharge returns going forward. Read the full article on Seeking Alpha

Winst- en omzetgroeiprognoses

NYSE:ESRT - Toekomstschattingen van analisten en financiële gegevens uit het verleden (USD Millions )
DatumInkomstenInkomstenVrije kasstroomGeldmiddelen uit operationele activiteitenGem. Aantal analisten
12/31/2028850N/AN/AN/A1
12/31/2027835N/AN/AN/A1
12/31/2026812N/AN/AN/A1
3/31/202677735235235N/A
12/31/202576843249249N/A
9/30/202576635265265N/A
6/30/202576340263263N/A
3/31/202576251273273N/A
12/31/202476347261261N/A
9/30/202475845247247N/A
6/30/202475543235235N/A
3/31/202475648217217N/A
12/31/202374049232232N/A
9/30/202372853233233N/A
6/30/202372047233233N/A
3/31/202370954230230N/A
12/31/202270736211211N/A
9/30/202268621219219N/A
6/30/20226568212212N/A
3/31/2022627-19207207N/A
12/31/2021608-11212212N/A
9/30/2021591-8186186N/A
6/30/2021584-9192192N/A
3/31/2021574-24191191N/A
12/31/2020600-17182182N/A
9/30/20206500198198N/A
6/30/202069424218218N/A
3/31/202073048219219N/A
12/31/201972749N/A233N/A
9/30/201971455N/A290N/A
6/30/201970956N/A259N/A
3/31/201971161N/A288N/A
12/31/201870866N/A279N/A
9/30/201870560N/A207N/A
6/30/201870562N/A212N/A
3/31/201870262N/A202N/A
12/31/201769663N/A194N/A
9/30/201768862N/A231N/A
6/30/201767959N/A219N/A
3/31/201767054N/A220N/A
12/31/201667051N/A215N/A
9/30/201666443N/A206N/A
6/30/201666138N/A218N/A
3/31/201666038N/A215N/A
12/31/201565634N/A203N/A
9/30/201566030N/A197N/A
6/30/201565727N/A170N/A

Toekomstige groeivoorspellingen analisten

Verdiensten versus spaarpercentage: Er zijn onvoldoende gegevens om te bepalen of de verwachte winstgroei van ESRT boven de spaarquote ( 3.5% ) ligt.

Winst versus markt: Er zijn onvoldoende gegevens om te bepalen of de winst van ESRT naar verwachting sneller zal groeien dan de markt US

Hoge groeiwinsten: Er zijn onvoldoende gegevens om te bepalen of de winst van ESRT naar verwachting de komende 3 jaar aanzienlijk zal groeien.

Omzet versus markt: De omzet van ESRT ( 3.2% per jaar) zal naar verwachting langzamer groeien dan de markt US ( 13% per jaar).

Hoge groei-inkomsten: De omzet van ESRT ( 3.2% per jaar) zal naar verwachting langzamer groeien dan 20% per jaar.

Groeiprognoses winst per aandeel

Toekomstig rendement op eigen vermogen

Toekomstige ROE: Het rendement op eigen vermogen ESRT zal naar verwachting over 3 jaar laag zijn ( 0.7 %).

Ontdek groeibedrijven

7D

1Y

7D

1Y

7D

1Y

Bedrijfsanalyse en status van financiële gegevens

GegevensLaatst bijgewerkt (UTC-tijd)
Bedrijfsanalyse2026/06/20 07:23
Aandelenkoers aan het einde van de dag2026/06/18 00:00
Inkomsten2026/03/31
Jaarlijkse inkomsten2025/12/31

Gegevensbronnen

De gegevens die gebruikt zijn in onze bedrijfsanalyse zijn afkomstig van S&P Global Market Intelligence LLC. De volgende gegevens worden gebruikt in ons analysemodel om dit rapport te genereren. De gegevens zijn genormaliseerd, waardoor er een vertraging kan optreden voordat de bron beschikbaar is.

PakketGegevensTijdframeVoorbeeld Amerikaanse bron *
Financiële gegevens bedrijf10 jaar
  • Resultatenrekening
  • Kasstroomoverzicht
  • Balans
Consensus schattingen analisten+3 jaar
  • Financiële prognoses
  • Koersdoelen analisten
Marktprijzen30 jaar
  • Aandelenprijzen
  • Dividenden, splitsingen en acties
Eigendom10 jaar
  • Top aandeelhouders
  • Handel met voorkennis
Beheer10 jaar
  • Leiderschapsteam
  • Raad van bestuur
Belangrijkste ontwikkelingen10 jaar
  • Bedrijfsaankondigingen

* Voorbeeld voor effecten uit de VS, voor niet-Amerikaanse effecten worden gelijkwaardige formulieren en bronnen gebruikt.

Tenzij anders vermeld zijn alle financiële gegevens gebaseerd op een jaarperiode, maar worden ze elk kwartaal bijgewerkt. Dit staat bekend als Trailing Twelve Month (TTM) of Last Twelve Month (LTM) gegevens. Meer informatie.

Analysemodel en Snowflake

Details van het analysemodel dat is gebruikt om dit rapport te genereren zijn beschikbaar op onze Github-pagina, we hebben ook handleidingen over hoe u onze rapporten kunt gebruiken en tutorials op YouTube.

Leer meer over het team van wereldklasse dat het Simply Wall St-analysemodel heeft ontworpen en gebouwd.

Industrie en sector

Onze industrie- en sectormetrics worden elke 6 uur berekend door Simply Wall St, details van ons proces zijn beschikbaar op Github.

Bronnen van analisten

Empire State Realty Trust, Inc. wordt gevolgd door 17 analisten. 2 van deze analisten hebben de schattingen van de omzet of winst ingediend die zijn gebruikt als input voor ons rapport. Inzendingen van analisten worden de hele dag door bijgewerkt.

AnalistInstelling
John KimBMO Capital Markets Equity Research
Jing Xian Tan BonnelBofA Global Research
William CatherwoodBTIG