ESRT Share Price | Empire State Realty Trust, Inc. Stock Analysis & Recommendation

Q: How big is Empire State Realty Trust, Inc.?

Market Cap: As of Jun 18, Empire State Realty Trust, Inc. has a market capitalization of 1,452.35 million, categorizing it as a Small Cap company.Recent Quarterly Performance: For the latest four quarters, the company reported net sales of 766.81 million and a net profit of 85.92 million.Balance Sheet Snapshot: As of Dec 24, the company reported shareholder's funds of 1,030.70 million and total assets of 4,510.29 million.

Q: What does Empire State Realty Trust, Inc. do?

Overview: Empire State Realty Trust, Inc. is a real estate investment trust that owns, manages, operates, acquires, and repositions office and retail properties in the Manhattan and greater New York metropolitan area, including the Empire State Building. It operates in the Realty industry and falls under the small-cap market category.Financial Snapshot: Most recent Net Sales: 180 Million (Quarterly Results - Mar 2025) Most recent Net Profit: 16 Million (Quarterly Results - Mar 2025) Market-cap: USD 1,452.35 Million (Small Cap)Key Metrics: P/E: 26.00 Dividend Yield: 155.40% Debt Equity: -999,999.00 Return on Equity: 5.35% Price to Book: 1.41Contact Details: Address: 111 W 33rd St Fl 12, NEW YORK NY: 10001-2904 Tel: 1 212 9530888 Fax: 1 212 9867679 Website: https://www.empirestaterealtytrust.com/

Q: Is Empire State Realty Trust, Inc. technically bullish or bearish?

As of 19 September 2025, the technical trend for Empire State Realty Trust, Inc. has changed from mildly bearish to bearish. The current technical stance is bearish, with key indicators supporting this view including a bearish signal from the daily moving averages and a bearish MACD on the monthly timeframe. Additionally, both the KST and Bollinger Bands indicate bearish trends on a weekly and monthly basis. The Dow Theory also reflects a mildly bearish stance on the weekly and monthly charts. In terms of performance, the stock has underperformed the S&P 500 across multiple periods, with a year-to-date return of -27.71% compared to the S&P 500's 13.31%, and a one-year return of -32.24% versus the S&P 500's 16.64%.

Q: Is Empire State Realty Trust, Inc. overvalued or undervalued?

As of 7 November 2025, the valuation grade for Empire State Realty Trust, Inc. has moved from expensive to fair. Based on the current metrics, the company appears to be fairly valued. The P/E ratio stands at 26, the Price to Book Value is 1.37, and the EV to EBITDA ratio is 3.45, which indicate a reasonable valuation compared to its peers.In comparison to its peers, Empire State Realty Trust has a higher P/E ratio than LTC Properties, Inc. at 18.85 and Getty Realty Corp. at 23.10, both of which are considered very attractive. Additionally, the company has underperformed significantly over the longer term, with a year-to-date return of -29.07% compared to the S&P 500's 14.40%. This stark contrast in returns reinforces the notion that while the stock may be fairly valued, it has struggled to deliver positive performance relative to broader market indices.

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

1.09 M

Shareholding (Sep 2025)

FII

25.02%

Held by 136 FIIs

DII

39.24%

Held by 52 DIIs

Promoter

0.00%

How big is Empire State Realty Trust, Inc.?

22-Jun-2025

As of Jun 18, Empire State Realty Trust, Inc. has a market capitalization of 1,452.35 million, with net sales of 766.81 million and a net profit of 85.92 million over the latest four quarters. The company reported shareholder's funds of 1,030.70 million and total assets of 4,510.29 million as of Dec 24.

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What does Empire State Realty Trust, Inc. do?

22-Jun-2025

Empire State Realty Trust, Inc. is a real estate investment trust that owns and manages office and retail properties in Manhattan and the greater New York area, including the Empire State Building. As of March 2025, it reported net sales of $180 million and a market cap of approximately $1.45 billion.

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Who are in the management team of Empire State Realty Trust, Inc.?

22-Jun-2025

As of March 2022, the management team of Empire State Realty Trust, Inc. includes Anthony Malkin (Chairman, President, CEO), Peter Malkin (Chairman Emeritus), Steven Gilbert (Lead Independent Director), and several independent directors: Leslie Biddle, Thomas DeRosa, and S. Michael Giliberto. They oversee the company's operations and strategic direction.

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Is Empire State Realty Trust, Inc. technically bullish or bearish?

23-Sep-2025

As of September 19, 2025, Empire State Realty Trust, Inc. is in a bearish trend, indicated by negative signals from moving averages, MACD, KST, and Bollinger Bands, and has underperformed the S&P 500 with year-to-date and one-year returns of -27.71% and -32.24%, respectively.

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Is Empire State Realty Trust, Inc. overvalued or undervalued?

11-Nov-2025

As of November 7, 2025, Empire State Realty Trust, Inc. is fairly valued with a P/E ratio of 26, but has underperformed with a year-to-date return of -29.07% compared to the S&P 500's 14.40%.

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Compare Empire State Realty Trust, Inc. with Similar Stocks

Xenia Hotels & Resorts, Inc.LTC Properties, Inc.Acadia Realty Trust

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Dashboard

Weak Long Term Fundamental Strength with an average Return on Equity (ROE) of 3.36%

Poor long term growth as Net Sales has grown by an annual rate of 1.91% and Operating profit at 9.22%

Negative results in Jun 25

Below par performance in long term as well as near term

Mojo Parameters

Stock DNA

Industry

Realty

Market cap

USD 1,115 Million (Small Cap)

P/E

26.00

Industry P/E

Dividend Yield

202.39%

Debt Equity

-999,999.00

Return on Equity

3.75%

Price to Book

1.07

Revenue and Profits:

Net Sales:

191 Million

(Quarterly Results - Jun 2025)

Net Profit:

11 Million

Total Returns

Total Returns (Price + Dividend)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

-7.1%

6 Months

-5.29%

1 Year

-27.81%

2 Years

-30.89%

3 Years

-13.92%

4 Years

-25.19%

5 Years

-32.87%

Empire State Realty Trust, Inc. for the last several years.

Risk Adjusted Returns v/s

News & Corporate Actions

News

Empire State Realty Trust Adjusts Evaluation Amidst Financial Challenges and Market Dynamics

Empire State Realty Trust, Inc. has recently experienced a change in its evaluation, influenced by various financial metrics and trends. Despite a competitive P/E ratio and moderate asset valuation, the company has faced challenges, including negative financial performance and low return on capital, prompting the adjustment.

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Announcements

No announcement available

Corporate Actions

No corporate action available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

1.91%

EBIT Growth (5y)

9.22%

EBIT to Interest (avg)

1.34

Debt to EBITDA (avg)

Negative Net Debt

Net Debt to Equity (avg)

Sales to Capital Employed (avg)

Tax Ratio

3.07%

Dividend Payout Ratio

49.45%

Pledged Shares

Institutional Holding

94.56%

ROCE (avg)

22.72%

ROE (avg)

3.36%

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

1.37

EV to EBIT

7.68

EV to EBITDA

3.45

EV to Capital Employed

1.48

EV to Sales

1.54

PEG Ratio

16.28

Dividend Yield

159.47%

ROCE (Latest)

19.31%

ROE (Latest)

5.35%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Mildly Bullish

Bearish

RSI

No Signal

Bollinger Bands

Mildly Bearish

Moving Averages

Mildly Bearish (Daily)

KST

Bearish

Dow Theory

Mildly Bullish

Mildly Bearish

OBV

No Trend

Mildly Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Sep 2025

Shareholding Compare (%holding)

Majority shareholders

Domestic Funds

Held in 70 Schemes (35.69%)

Foreign Institutions

Held by 136 Foreign Institutions (25.02%)

Strategic Entities with highest holding

Highest Public shareholder

Financial

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          "val1": "116.80",
          "val2": "109.30",
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Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ

Jun'25

Mar'25

Change(%)

Net Sales

191.20

180.10

6.16%

Operating Profit (PBDIT) excl Other Income

82.90

74.60

11.13%

Interest

25.60

28.00

-8.57%

Exceptional Items

0.00

Consolidate Net Profit

11.40

15.80

-27.85%

Operating Profit Margin (Excl OI)

183.60%

143.20%

4.04%

USD in Million.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Jun 2025 is 6.16% vs -8.86% in Mar 2025

Consolidated Net Profit

QoQ Growth in quarter ended Jun 2025 is -27.85% vs -15.96% in Mar 2025

All Quarterly Results

Annual Results Snapshot (Consolidated) - Dec'24

Dec'24

Dec'23

Change(%)

Net Sales

767.90

739.60

3.83%

Operating Profit (PBDIT) excl Other Income

343.50

336.60

2.05%

Interest

116.80

109.30

6.86%

Exceptional Items

-0.60

0.00

Consolidate Net Profit

80.40

84.40

-4.74%

Operating Profit Margin (Excl OI)

206.70%

198.40%

0.83%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in year ended Dec 2024 is 3.83% vs 1.73% in Dec 2023

Consolidated Net Profit

YoY Growth in year ended Dec 2024 is -4.74% vs 33.54% in Dec 2023

All Annual Results

Company CV

About Empire State Realty Trust, Inc.

Empire State Realty Trust, Inc.

Realty

Empire State Realty Trust, Inc. is a real estate investment trust. The Company 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 Company operates through two segments: Real Estate and Observatory. The Real Estate segment includes all activities related to the ownership, management, operation, acquisition, repositioning and disposition of its real estate assets. The Observatory segment operates the 86th and 102nd floor observatories at the Empire State Building. As of December 31, 2016, its portfolio consisted of 14 office properties and six standalone retail properties totaling approximately 10.1 million rentable square feet. The Company's properties include One Grand Central Place, 1400 Broadway, 111 West 33rd Street, 250 West 57th Street, 1359 Broadway and 1333 Broadway.

Company Coordinates

Company Details

111 W 33rd St Fl 12 , NEW YORK NY : 10001-2904

Tel: 1 212 9530888

https://www.empirestaterealtytrust.com/

Registrar Details