Empire State Realty Trust, Inc. (ESRT)
NYSE: ESRT · Real-Time Price · USD
8.44
+0.04 (0.48%)
At close: Jun 9, 2025, 4:00 PM
8.29
-0.15 (-1.78%)
After-hours: Jun 9, 2025, 7:00 PM EDT
Empire State Realty Trust Stock Forecast
Stock Price Forecast
According to 2 professional analysts, the 12-month price target for Empire State Realty Trust stock ranges from a low of $8.30 to a high of $13. The average analyst price target of $10.65 forecasts a 26.18% increase in the stock price over the next year.
Price Target: $10.65 (+26.18%)
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Empire State Realty Trust stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 0 | 0 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Sell Maintains $11 → $8.3 | Sell | Maintains | $11 → $8.3 | -1.66% | May 19, 2025 |
| BMO Capital | BMO Capital | Buy Maintains $12 → $13 | Buy | Maintains | $12 → $13 | +54.03% | Nov 15, 2024 |
| Wells Fargo | Wells Fargo | Sell Maintains $7 → $10 | Sell | Maintains | $7 → $10 | +18.48% | Sep 11, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $11 → $12 | Buy | Maintains | $11 → $12 | +42.18% | Jul 19, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy → Hold Downgrades $9 | Buy → Hold | Downgrades | $9 | +6.64% | Nov 27, 2023 |
Financial Forecast
Revenue This Year
791.99M
from 763.15M
Increased by 3.78%
Revenue Next Year
813.55M
from 791.99M
Increased by 2.72%
EPS This Year
0.09
from 0.28
Decreased by -67.57%
EPS Next Year
0.08
from 0.09
Decreased by -11.11%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 826.4M | 842.2M | 850.7M | ||
| Avg | 792.0M | 813.6M | 825.0M | ||
| Low | 749.6M | 778.8M | 791.4M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 8.3% | 6.3% | 4.6% | ||
| Avg | 3.8% | 2.7% | 1.4% | ||
| Low | -1.8% | -1.7% | -2.7% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 0.09 | 0.08 | 0.07 | ||
| Avg | 0.09 | 0.08 | 0.07 | ||
| Low | 0.09 | 0.08 | 0.07 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | -66.6% | -8.5% | -9.9% | ||
| Avg | -67.6% | -11.1% | -12.5% | ||
| Low | -68.8% | -14.6% | -15.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.