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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 5 Wall Street analysts, predicts a 12-month average price target of $13.00, with a high of $13.00 and a low of $13.00. This represents a 42.70% increase from the last price of $9.11.

High: $13 Avg: $13 Low: $13 Last Closed Price: $9.11

ESRT Stock Rating

Empire State Realty Trust stock's rating consensus is Buy, based on 5 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 3 Buy (60.00%), 1 Hold (20.00%), 1 Sell (20.00%), and 0 Strong Sell (0.00%).

Buy
Total 5 0 1 1 3 Strong Sell Sell Hold Buy Strong Buy

ESRT Forecast vs Benchmarks

TypeNameUpside
StockEmpire State Realty Trust42.70%
SectorReal Estate Stocks 14.90%
IndustryDiversified REIT Stocks22.73%

Price Target Trends

1M3M12M
# Anlaysts-13
Avg Price Target-$13.00$12.00
Last Closing Price$9.11$9.11$9.11
Upside/Downside-42.70%31.72%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 251-51-7
Dec, 241-5118
Nov, 243241111
Oct, 243251112
Sep, 243251-11
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 15, 2024John KimBMO Capital$13.00$10.6022.64%42.70%
Jul 19, 2024John KimBMO Capital$12.00$10.6412.78%31.72%
Apr 05, 2024John KimBMO Capital$11.00$9.4716.16%20.75%
Mar 03, 2023John KimBMO Capital$9.00$7.6317.96%-1.21%
Jul 01, 2022Wells Fargo$5.50$7.11-22.64%-39.63%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
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
Jul 01, 2022Wells FargoUnderweightUnderweighthold
May 02, 2022Evercore ISIOutperformupgrade

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$-0.08$-0.05$0.23$0.30----
Avg Forecast$0.31$0.64$0.83$0.87$0.93$0.94$0.06$0.05
High Forecast$0.30$0.62$0.80$0.84$0.92$0.90$0.06$0.05
Low Forecast$0.32$0.66$0.85$0.90$0.94$0.97$0.06$0.05
Surprise %-125.81%-107.81%-72.29%-65.52%----

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----
Avg Forecast$606.43M$625.34M$715.16M$720.63M$742.70M$759.37M$765.51M$768.39M
High Forecast$589.90M$608.29M$683.72M$702.47M$727.91M$736.53M$759.45M$745.28M
Low Forecast$623.61M$643.05M$715.66M$727.23M$750.14M$778.12M$771.58M$787.37M
Surprise %0.46%-0.20%1.66%2.63%----

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----
Avg Forecast$82.27M$170.01M$74.35M$48.98M$247.04M$248.82M$16.23M$13.24M
High Forecast$79.35M$163.98M$54.52M$35.42M$244.38M$239.93M$15.31M$12.76M
Low Forecast$85.29M$176.26M$94.18M$62.53M$249.70M$257.71M$16.45M$13.71M
Surprise %-127.82%-107.67%-14.98%8.72%----

ESRT Forecast FAQ

Is Empire State Realty Trust stock a buy?

Empire State Realty Trust stock has a consensus rating of Buy, based on 5 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 3 Buy, 1 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that Empire State Realty Trust is a favorable investment for most analysts.

What is Empire State Realty Trust's price target?

Empire State Realty Trust's price target, set by 5 Wall Street analysts, averages $13 over the next 12 months. The price target range spans from $13 at the low end to $13 at the high end, suggesting a potential 42.70% change from the previous close price of $9.11.

How does Empire State Realty Trust stock forecast compare to the average forecast of its sector, industry, and investment themes?

Empire State Realty Trust stock forecast shows a 42.70% upside, outperforming the average forecast for the real estate stocks sector (14.90%) and outperforming the diversified reit stocks industry (22.73%).

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

  • January 2025: 14.29% Strong Buy, 0% Buy, 71.43% Hold, 14.29% Sell, 0% Strong Sell.
  • December 2024: 12.50% Strong Buy, 0% Buy, 62.50% Hold, 12.50% Sell, 12.50% Strong Sell.
  • November 2024: 27.27% Strong Buy, 18.18% Buy, 36.36% Hold, 9.09% Sell, 9.09% 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 is 0.93 for 2024, a 210.00% increase from the reported $0.3 in 2023. The prediction for 2025 is $0.94, $0.06 for 2026, and $0.05 for 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 is $742.7M for 2024, a 0.42% increase from the reported $739.57M in 2023. The forecast for 2025 is $759.37M, $765.52M for 2026, and $768.4M for 2027.

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

For its fiscal year ending in December, Empire State Realty Trust's average annual net income forecast is $247.04M for 2024, reflecting an 363.97% increase from the reported $53.24M in 2023. The projection for 2025 is $248.82M, $16.23M for 2026, and $13.24M for 2027.