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NYSE:ESRT
Empire State Realty Trust (ESRT)
Financials 
Technical Analysis 
Jun 11, 2026, 12:00 amThis summary was created by AI, based on 1 opinions in the last 12 months.
Empire State Realty Trust (ESRT-N) has faced a challenging environment, particularly as negative sentiment surrounding travel to the U.S. has impacted attendance figures at the iconic Empire State Building. The company's operating income experienced a notable decline in Q2, raising concerns among experts regarding its future performance. As a result of this shifting sentiment and financial outlook, one expert has decided to exit their position in ESRT-N, seeking better opportunities within the New York office space sector. The overall atmosphere is difficult to navigate, leading investors to reconsider their strategies as they adjust to current market dynamics. This has notably affected the valuation and perception of ESRT-N among analysts looking for resilient assets amid economic uncertainties.
Primarily office buildings across New York City, as well as retail and a bit of multi-family. Revenue: office (60%), retail/multi-family (10-20%), and Empire State Building Observatory (~25% net operating income). The iconic Observatory recently voted #1 attraction in the world.
Likes the Manhattan office market, seeing increasing leasing volume. It's a market of haves (lots of capital) and have nots (not well capitalized). ESRT is well capitalized. Attracting tenants with value. 28% discount to NAV. Listed as the #1 globally sustainable REIT. Yield is 1.3%.
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Empire State Realty Trust (ESRT) Frequently Asked Questions
What is Empire State Realty Trust stock symbol?
Empire State Realty Trust is a American stock, trading under the symbol ESRT (previously ESRT-N on Stockchase) on the New York Stock Exchange (ESRT). It is usually referred to as NYSE:ESRT or ESRT
Is Empire State Realty Trust a buy or a sell?
In the last year, 1 stock analyst issued a Buy, Sell, or Hold rating on ESRT (previously ESRT-N on Stockchase). 1 analyst recommended to BUY and 0 analysts recommended to SELL the stock. The latest stock analyst rating is TOP PICK. Read the latest stock experts' ratings for Empire State Realty Trust.
Is Empire State Realty Trust a good investment or a top pick?
Empire State Realty Trust was recommended as a Top Pick by Andrew Moffs on 2024-10-31. Read the latest stock experts ratings for Empire State Realty Trust.
Why is Empire State Realty Trust stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Empire State Realty Trust.
Is Empire State Realty Trust worth watching?
Empire State Realty Trust is covered by Stockchase experts and is worth watching.
What is Empire State Realty Trust stock price?
On 2026-06-12, Empire State Realty Trust (ESRT) stock closed at a price of $5.44.
Negative sentiment on travel to the US, which is affecting attendance at the Empire State Building. Operating income went down in Q2. Sentiment is hard to fight, so he exited and found other names in NY office space.