Empire State Realty Trust, Inc. (ESRT)
NYSE: ESRT · Real-Time Price · USD
7.94
-0.32 (-3.87%)
Mar 13, 2025, 1:15 PM EDT - Market open
Empire State Realty Trust Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Empire State Realty Trust stock have an average target of 11.5, with a low estimate of 10 and a high estimate of 13. The average target predicts an increase of 44.84% from the current stock price of 7.94.
Analyst Consensus: Hold
* Price targets were last updated on Nov 15, 2024.
Analyst Ratings
The average analyst rating for Empire State Realty Trust stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 0 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BMO Capital | BMO Capital | Buy Maintains $12 → $13 | Buy | Maintains | $12 → $13 | +63.73% | Nov 15, 2024 |
| Wells Fargo | Wells Fargo | Sell Maintains $7 → $10 | Sell | Maintains | $7 → $10 | +25.94% | Sep 11, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $11 → $12 | Buy | Maintains | $11 → $12 | +51.13% | Jul 19, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy → Hold Downgrades $9 | Buy → Hold | Downgrades | $9 | +13.35% | Nov 27, 2023 |
| Wells Fargo | Wells Fargo | Sell Maintains $6 → $7 | Sell | Maintains | $6 → $7 | -11.84% | Aug 30, 2023 |
Financial Forecast
Revenue This Year
787.01M
Revenue Next Year
810.75M
from 787.01M
Increased by 3.02%
EPS This Year
0.06
from 0.28
Decreased by -78.14%
EPS Next Year
0.06
from 0.06
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 823.9M | 861.6M | 806.8M | ||
| Avg | 787.0M | 810.8M | 783.8M | ||
| Low | 731.4M | 741.6M | 753.0M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | - | 9.5% | -0.5% | ||
| Avg | - | 3.0% | -3.3% | ||
| Low | - | -5.8% | -7.1% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 0.06 | 0.06 | 0.05 | ||
| Avg | 0.06 | 0.06 | 0.05 | ||
| Low | 0.06 | 0.06 | 0.05 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | -77.5% | 2.9% | -14.2% | ||
| Avg | -78.1% | - | -16.7% | ||
| Low | -79.0% | -3.9% | -19.9% |
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.