NYSE:ESRT
Empire State Realty Trust (ESRT)
Financials 
Technical Analysis 
Jul 5, 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 recently faced significant challenges, resulting in decreased operating income in Q2. Negative sentiment surrounding travel to the U.S. has adversely impacted attendance at iconic attractions such as the Empire State Building. This has led analysts to reevaluate their positions, as evidenced by a top pick rating being downgraded by 27%. The prevailing sentiment among experts indicates that these travel-related concerns are difficult to mitigate, prompting some investors to exit their positions in favor of other opportunities in the New York office space sector. As a result, the future outlook for ESRT-N raises considerable concerns amidst this shifting market environment.
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 2026-07-02, Empire State Realty Trust (ESRT) stock closed at a price of $5.69.
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.