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Empire State Realty Trust (ESRT) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

ESRT Stock Forecast

Empire State Realty Trust (ESRT) stock forecast, based on 14 Wall Street analysts, predicts a 12-month average price target of $11.50, with a high of $13.00 and a low of $10.00. This represents a 61.74% increase from the last price of $7.11.

$7 $8 $9 $10 $11 $12 $13 High: $13 Avg: $11.5 Low: $10 Last Closed Price: $7.11

ESRT Stock Rating

Empire State Realty Trust stock's rating consensus is Hold, based on 14 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 4 Buy (28.57%), 8 Hold (57.14%), 2 Sell (14.29%), and 0 Strong Sell (0.00%).

Hold
Total 14 0 2 8 4 Strong Sell Sell Hold Buy Strong Buy

ESRT Price Target Upside V Benchmarks

TypeNameUpside
StockEmpire State Realty Trust61.74%
SectorReal Estate Stocks 20.09%
IndustryDiversified REIT Stocks26.62%

Price Target Trends

1M3M12M
# Anlaysts113
Avg Price Target$10.00$10.00$11.67
Last Closing Price$7.11$7.11$7.11
Upside/Downside40.65%40.65%64.14%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 251151-8
Mar, 251-51-7
Feb, 251-51-7
Jan, 251-51-7
Dec, 241-5118
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Mar 24, 2025Wolfe Research$10.00$7.9925.16%40.65%
Nov 15, 2024John KimBMO Capital$13.00$10.6022.64%82.84%
Jul 19, 2024John KimBMO Capital$12.00$10.6412.78%68.78%
Apr 05, 2024John KimBMO Capital$11.00$9.4716.16%54.71%
Mar 03, 2023John KimBMO Capital$9.00$7.6317.96%26.58%
Jul 01, 2022Wells Fargo$5.50$7.11-22.64%-22.64%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Apr 11, 2025CitigroupNeutralNeutralhold
Mar 24, 2025Wolfe ResearchOutperformupgrade
Nov 15, 2024BMO CapitalOutperformOutperformhold
Oct 22, 2024BTIGNeutralNeutralhold
Sep 11, 2024Wells FargoUnderweightUnderweighthold
Jul 18, 2024BMO CapitalOutperformOutperformhold
Apr 05, 2024BMO CapitalOutperformOutperformhold
Mar 03, 2023BMO CapitalMarket PerformOutperformupgrade
Mar 01, 2023Bank of America SecuritiesBuyupgrade
Jul 14, 2022BMO CapitalMarket Performupgrade

Financial Forecast

EPS Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$-0.13$-0.08$0.38$0.50$0.29---
Avg Forecast$0.31$0.64$0.83$0.87$0.93$0.94$0.06$0.05
High Forecast$0.32$0.66$0.85$0.90$0.94$0.97$0.06$0.05
Low Forecast$0.30$0.62$0.80$0.84$0.92$0.90$0.06$0.05
Surprise %-141.94%-112.50%-54.22%-42.53%-68.82%---

Revenue Forecast

$550M $600M $650M $700M $750M $800M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$609.23M$624.09M$727.04M$739.57M$767.92M---
Avg Forecast$606.43M$625.34M$715.16M$720.63M$742.70M$759.37M$765.51M$768.39M
High Forecast$623.61M$643.05M$715.66M$727.23M$750.14M$778.12M$771.58M$787.37M
Low Forecast$589.90M$608.29M$683.72M$702.47M$727.91M$736.53M$759.45M$745.28M
Surprise %0.46%-0.20%1.66%2.63%3.40%---

Net Income Forecast

$-50M $20M $90M $160M $230M $300M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$-22.89M$-13.04M$63.21M$53.24M$47.44M---
Avg Forecast$82.27M$170.01M$74.35M$48.98M$247.04M$248.82M$16.23M$13.24M
High Forecast$85.29M$176.26M$94.18M$62.53M$249.70M$257.71M$16.45M$13.71M
Low Forecast$79.35M$163.98M$54.52M$35.42M$244.38M$239.93M$15.31M$12.76M
Surprise %-127.82%-107.67%-14.98%8.72%-80.80%---

ESRT Forecast FAQ

Is Empire State Realty Trust stock a buy?

Empire State Realty Trust stock has a consensus rating of Hold, based on 14 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 4 Buy, 8 Hold, 2 Sell, and 0 Strong Sell, reflecting a consensus that Empire State Realty Trust is a neutral investment for most analysts.

What is Empire State Realty Trust's price target?

Empire State Realty Trust's price target, set by 14 Wall Street analysts, averages $11.5 over the next 12 months. The price target range spans from $10 at the low end to $13 at the high end, suggesting a potential 61.74% change from the previous closing price of $7.11.

How does Empire State Realty Trust stock forecast compare to its benchmarks?

Empire State Realty Trust's stock forecast shows a 61.74% upside, outperforming the average forecast for the real estate stocks sector (20.09%) and outperforming the diversified reit stocks industry (26.62%).

What is the breakdown of analyst ratings for Empire State Realty Trust over the past three months?

  • April 2025: 12.50% Strong Buy, 12.50% Buy, 62.50% Hold, 12.50% Sell, 0% Strong Sell.
  • March 2025: 14.29% Strong Buy, 0% Buy, 71.43% Hold, 14.29% Sell, 0% Strong Sell.
  • February 2025: 14.29% Strong Buy, 0% Buy, 71.43% Hold, 14.29% Sell, 0% Strong Sell.

What is Empire State Realty Trust’s EPS forecast?

Empire State Realty Trust's average annual EPS forecast for its fiscal year ending in December 2025 is $0.94, marking a 224.14% increase from the reported $0.29 in 2024. Estimates for the following years are $0.06 in 2026, and $0.05 in 2027.

What is Empire State Realty Trust’s revenue forecast?

Empire State Realty Trust's average annual revenue forecast for its fiscal year ending in December 2025 is $759.37M, reflecting a -1.11% decrease from the reported $767.92M in 2024. The forecast for 2026 is $765.52M, and $768.4M for 2027.

What is Empire State Realty Trust’s net income forecast?

Empire State Realty Trust's net income forecast for the fiscal year ending in December 2025 stands at $248.82M, representing an 424.49% increase from the reported $47.44M in 2024. Projections indicate $16.23M in 2026, and $13.24M in 2027.