Empire State Realty Trust, Inc. (ESRT)
 NYSE: ESRT · Real-Time Price · USD
 7.31
 +0.14 (2.03%)
  Oct 31, 2025, 11:41 AM EDT - Market open
Empire State Realty Trust Stock Forecast
Stock Price Forecast
The 2 analysts that cover Empire State Realty Trust stock have a consensus rating of "Hold" and an average price target of $10.65, which forecasts a 45.79% increase in the stock price over the next year. The lowest target is $8.30 and the highest is $13.
Price Target: $10.65 (+45.79%)
Analyst Consensus: Hold
* Price targets were last updated on May 19, 2025.
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 | May '25 | Jun '25 | Jul '25 | Aug '25 | Sep '25 | Oct '25 | 
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 | 
| Buy | 1 | 1 | 1 | 1 | 1 | 1 | 
| Hold | 0 | 0 | 0 | 0 | 0 | 0 | 
| Sell | 1 | 1 | 1 | 1 | 1 | 1 | 
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 | 
| Total | 2 | 2 | 2 | 2 | 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 | +13.62% | May 19, 2025 | 
| BMO Capital | BMO Capital | Buy Maintains $12 → $13 | Buy | Maintains | $12 → $13 | +77.96% | Nov 15, 2024 | 
| Wells Fargo | Wells Fargo | Sell Maintains $10 → $11 | Sell | Maintains | $10 → $11 | +50.58% | Oct 27, 2024 | 
| Wells Fargo | Wells Fargo | Sell Maintains $7 → $10 | Sell | Maintains | $7 → $10 | +36.89% | Sep 11, 2024 | 
| BMO Capital | BMO Capital | Buy Maintains $11 → $12 | Buy | Maintains | $11 → $12 | +64.27% | Jul 19, 2024 | 
Financial Forecast
Revenue This Year
 780.50M 
 from 763.15M
 Increased by 2.27%
Revenue Next Year
 804.23M 
 from 780.50M
 Increased by 3.04%
EPS This Year
 0.07 
 from 0.28
 Decreased by -74.78%
EPS Next Year
 0.06 
 from 0.07
 Decreased by -14.29%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 | 
|---|---|---|---|---|---|
| High | 811.8M | 838.9M | |||
| Avg | 780.5M | 804.2M | |||
| Low | 746.5M | 759.6M | 
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 | 
|---|---|---|---|---|---|
| High | 6.4% | 7.5% | |||
| Avg | 2.3% | 3.0% | |||
| Low | -2.2% | -2.7% | 
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 | 
|---|---|---|---|---|---|
| High | 0.07 | 0.06 | |||
| Avg | 0.07 | 0.06 | |||
| Low | 0.07 | 0.06 | 
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 | 
|---|---|---|---|---|---|
| High | -74.0% | -11.8% | |||
| Avg | -74.8% | -14.3% | |||
| Low | -75.8% | -17.6% | 
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.