ESRT icon

Empire State Realty Trust

7.32 USD
-0.12
1.61%
At close Jul 30, 4:00 PM EDT
After hours
7.30
-0.02
0.27%
1 day
-1.61%
5 days
-5.18%
1 month
-9.52%
3 months
2.81%
6 months
-23.03%
Year to date
-28.02%
1 year
-31.97%
5 years
10.41%
10 years
-58.34%
 

About: Empire State Realty Trust operates as a pure-play greater New York and Manhattan-focused REIT, featuring its landmark Empire State Building office and observation deck. The company owns and operates around 8.5 million square feet of office space, about 80% of which is located in Manhattan.

Employees: 667

0
Funds holding %
of 7,323 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

375% more call options, than puts

Call options by funds: $228K | Put options by funds: $48K

55% more first-time investments, than exits

New positions opened: 34 | Existing positions closed: 22

4% more funds holding

Funds holding: 223 [Q4 2024] → 232 (+9) [Q1 2025]

8% more repeat investments, than reductions

Existing positions increased: 83 | Existing positions reduced: 77

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2024] → 1 (+0) [Q1 2025]

0.1% less ownership

Funds ownership: 73.65% [Q4 2024] → 73.55% (-0.1%) [Q1 2025]

24% less capital invested

Capital invested by funds: $1.26B [Q4 2024] → $959M (-$301M) [Q1 2025]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$8.30
13%
upside
Avg. target
$8.30
13%
upside
High target
$8.30
13%
upside

1 analyst rating

positive
0%
neutral
0%
negative
100%
Wells Fargo
Blaine Heck
13%upside
$8.30
Underweight
Maintained
19 May 2025

Financial journalist opinion

Based on 11 articles about ESRT published over the past 30 days

Neutral
The Motley Fool
2 days ago
Empire State Realty Trust Q2 Revenue Up
Empire State Realty Trust Q2 Revenue Up
Empire State Realty Trust Q2 Revenue Up
Neutral
Seeking Alpha
3 days ago
Fed Looms Over Mid-Summer Rally
U.S. equity markets rallied to fresh record-highs this week as investors cheered upbeat corporate earnings results and several major trade deals ahead of a frenetic week of potentially narrative-shifting catalysts. Months of tariff bemoaning and general pessimism have surrendered of late to some mid-summer optimism, but a barrage of obstacles loom, including a Fed that is ever-eager to play spoiler. Notching record-highs in four of the past five weeks, the S&P 500 rallied another 1.5% this week, advancing in all five trading sessions.
Fed Looms Over Mid-Summer Rally
Neutral
Seeking Alpha
6 days ago
Empire State Realty Trust, Inc. (ESRT) Q2 2025 Earnings Call Transcript
Empire State Realty Trust, Inc. (NYSE:ESRT ) Q2 2025 Earnings Conference Call July 24, 2025 12:00 PM ET Company Participants Anthony E. Malkin - Chairman & CEO Christina Chiu - President Heather M.
Empire State Realty Trust, Inc. (ESRT) Q2 2025 Earnings Call Transcript
Negative
CNBC Television
6 days ago
Empire State Realty Trust CEO: International demand was lower than expected
Anthony Malkin, Empire State Realty Trust CEO, joins 'The Exchange' to discuss the state of REITs, the shares falling on lower international demand and New York City Democratic Mayoral candidate Mamdani's potential impact on real estate in the city.
Empire State Realty Trust CEO: International demand was lower than expected
Neutral
Business Wire
1 week ago
Empire State Realty Trust Announces Second Quarter 2025 Results
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) is a NYC-focused REIT that owns and operates a portfolio of well-leased, top of tier, modernized, amenitized, and well-located office, retail, and multifamily assets. ESRT's flagship Empire State Building, the “World's Most Famous Building,” features its iconic Observatory. The Company is a recognized leader in energy efficiency and indoor environmental quality. Today the Company reported its operational and financial resul.
Empire State Realty Trust Announces Second Quarter 2025 Results
Neutral
Business Wire
1 week ago
Elsberg Baker & Maruri PLLC Signs New 40k Square Foot Lease at the Empire State Building
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that it signed a 39,237 square foot lease with law firm Elsberg Baker & Maruri PLLC at the Empire State Building. The firm will occupy one full and one partial floor at the “World's Most Famous Building.” “Elsberg Baker & Maruri is thrilled to move into the iconic Empire State Building,” said Josette Winograd, CEO at Elsberg Baker & Maruri. “Our firm, client base, and team have grown exponentiall.
Elsberg Baker & Maruri PLLC Signs New 40k Square Foot Lease at the Empire State Building
Neutral
Business Wire
2 weeks ago
Empire State Realty Trust Announces George L. W. Malkin Has Joined Its Board of Directors
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”), today announced that George L. W. Malkin has joined its Board of Directors, effective July 13, 2025. Mr. Malkin is President of Malkin Holdings. His career spans over a decade in operational and financial roles. Prior to Malkin Holdings, George was an executive at Sao Paulo based, private equity-backed wireless infrastructure multinational QMC Telecom, where he launched three international markets and serve.
Empire State Realty Trust Announces George L. W. Malkin Has Joined Its Board of Directors
Neutral
Business Wire
2 weeks ago
The 2025 Empire State Building Run-Up Returns Oct. 8
NEW YORK--(BUSINESS WIRE)--The Empire State Building (ESB) announced today general lottery registration for the annual Empire State Building Run-Up (ESBRU) on Oct. 8, 2025, at 8 p.m. ESB also announced the ESBRU will be presented by NYU Langone Health and powered by the Challenged Athlete's Foundation. General lottery registration will be open from July 14 through July 28, 2025. In the 47th annual Run-Up, 225 runners will race up the iconic building's 1,576 stairs to the world-famous Observator.
The 2025 Empire State Building Run-Up Returns Oct. 8
Negative
Seeking Alpha
2 weeks ago
Trade War Redux
U.S. equity markets retreated from record highs this week after the White House reignited its tariff offensive with a wave of aggressive levies and additional punitive threats. While inflation data has indicated that the 10% tariffs were efficiently absorbed, the pivot back towards Liberation Day tariff levels raises concern that recent deflationary offsets may be overwhelmed. After closing at record highs for two straight weeks, the S&P 500 retreated by 0.3% this past week, trading in a relatively tight trading range as investors geared up for earnings season.
Trade War Redux
Neutral
Business Wire
3 weeks ago
Mott MacDonald Signs New 25,372 Square Foot, Full-Floor Lease at the Empire State Building
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) today announced that it signed a new lease with Mott MacDonald NY Inc. – an engineering, development, and management consultancy – for a full-floor, 25,372 square foot space at the Empire State Building. The firm will also continue to occupy their current 18,434 square foot space at ESRT's 1400 Broadway. “We look forward to welcoming colleagues to our new North America Headquarters at the Empire State Building, with its unm.
Mott MacDonald Signs New 25,372 Square Foot, Full-Floor Lease at the Empire State Building
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