Empire State Realty Trust, Inc. (ESRT)

Empire State Realty Trust Stock Forecast

Stock Price Forecast

According to 6 analysts polled by S&P Global, Empire State Realty Trust stock has a consensus rating of "Hold" and an average price target of $6.61. The average 1-year stock price forecast is 21.51% higher than the current stock price, while the lowest is $5.75 (+5.70%) and the highest is $7.00 (+28.68%).

Price Target: $6.61 (+21.51%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$5.75	$6.61	$7.00	$7.00
Change	+5.70%	+21.51%	+28.68%	+28.68%

* Price targets were last updated on Apr 15, 2026.

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	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	0	0	2	2	2	2
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	1	1	3	3	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Nick Joseph Citigroup	Citigroup	Hold Maintains $7 → $5.75	Hold	Maintains	$7 → $5.75	+5.70%	Apr 15, 2026
Blaine Heck Wells Fargo	Wells Fargo	Sell Maintains $6.8 → $6.3	Sell	Maintains	$6.8 → $6.3	+15.81%	Mar 2, 2026
Nick Joseph Citigroup	Citigroup	Hold Maintains $8 → $7	Hold	Maintains	$8 → $7	+28.68%	Feb 19, 2026
Steve Sakwa Evercore ISI Group	Evercore ISI Group	Hold Maintains $8 → $7	Hold	Maintains	$8 → $7	+28.68%	Feb 18, 2026
Blaine Heck Wells Fargo	Wells Fargo	Sell Maintains $8.3 → $6.8	Sell	Maintains	$8.3 → $6.8	+25.00%	Nov 25, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

800.53M

Increased by 4.26%

from 767.81M

Revenue Next Year

812.69M

Increased by 1.52%

from 800.53M

EPS This Year

0.06

Decreased by -75.97%

from 0.25

EPS Next Year

0.05

Decreased by -16.67%

from 0.06

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	607.86M	707.01M	739.57M	763.15M	767.81M	800.53M	812.69M
Revenue Growth	1.34%	16.31%	4.61%	3.19%	0.61%	4.26%	1.52%
EPS	-0.06	0.22	0.30	0.28	0.25	0.06	0.05
EPS Growth	-	-	37.44%	-6.17%	-10.03%	-75.97%	-16.67%
Forward PE	-	-	-	-	-	88.89	106.67
No. Analysts	-	-	-	-	-	3	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028
High	832.2M	845.4M
Avg	800.5M	812.7M
Low	759.6M	772.6M

Revenue Growth

Revenue Growth	2026	2027	2028
High	8.4%	5.6%
Avg	4.3%	1.5%
Low	-1.1%	-3.5%

EPS Forecast

EPS	2026	2027	2028
High	0.06	0.05
Avg	0.06	0.05
Low	0.06	0.05

EPS Growth

EPS Growth	2026	2027	2028
High	-75.3%	-14.2%
Avg	-76.0%	-16.7%
Low	-76.9%	-19.9%

Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.