Empire State Realty Trust, Inc. (ESRT) Stock Analysis
Range Bound setup
Real Estate · REIT - Diversified
Sell if holding. Analyst target reached at $5.44 — A.R:R 0.2:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Leverage penalty (D/E 1.3): -0.5.
Empire State Realty Trust is a NYC-focused REIT owning ~7.9M sq ft of office, ~0.8M sq ft of retail, and 743 residential units, all located in Manhattan. Revenue comes from rents and Observatory ticket sales ($128.3M Observatory revenue in 2025); the Empire State Building alone... Read more
Sell if holding. Analyst target reached at $5.44 — A.R:R 0.2:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Leverage penalty (D/E 1.3): -0.5. Chart setup: RSI 45 mid-range, Bollinger mid-band. Score 4.6/10, moderate confidence.
Passes 6/9 gates (clean insider activity, no SEC red flags, news events none recent, earnings proximity 40d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio and death cross (50MA < 200MA). Suitability: aggressive.
Recent developments
updated 2026-06-13Recent Developments — Empire State Realty Trust, Inc.
Latest news
- NEWS Empire State Realty Trust (NYSE:ESRT) Announces Earnings Results - MarketBeat — MarketBeat neutral
- NEWS Empire State Realty (ESRT) Maintains 2026 Core FFO Forecast - GuruFocus — GuruFocus positive
- NEWS Empire State Realty Trust (ESRT) Q1 2026: EPS $0.01, Revenue $19 - GuruFocus — GuruFocus neutral
- NEWS ESRT Sees Q1 Revenue Reach $190.3 Million - GuruFocus — GuruFocus positive
- NEWS Empire State Realty Reports Solid Q1 Results, Reaffirms Outlook - TipRanks — TipRanks positive
Generated 2026-06-15T18:11:46Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
Show full disclosure ▾Hide full disclosure ▴
About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.
Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.
Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.
No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security. Our sole compensation is subscription revenue.
No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.
Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.
Rating Breakdown
2 floor-breakers
Growth below the gate floor. Component breakdown shows what dragged the score down.static
Price action weak — below key moving averages, no momentum carry. Needs a base before trend-continuation setups apply.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Analyst target reached at $5.44 — A.R:R 0.2:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Leverage penalty (D/E 1.3): -0.5. Chart setup: RSI 45 mid-range, Bollinger mid-band. Prior stop was $5.06. Score 4.6/10, moderate confidence.
Take-profit target: $5.52 (+1.5% upside). Prior stop was $5.06. Stop-loss: $5.06.
Analyst target reached - limited upside remaining; Leverage penalty (D/E 1.3): -0.5; Weak overall score: 4.6/10.
Empire State Realty Trust, Inc. trades at a P/E of 25.7 (forward 90.0). TrendMatrix value score: 6.0/10. Verdict: Sell.
12 analysts cover ESRT with a consensus score of 3.8/5. Average price target: $6.
What does Empire State Realty Trust, Inc. do?Empire State Realty Trust is a NYC-focused REIT owning ~7.9M sq ft of office, ~0.8M sq ft of retail, and 743...
Empire State Realty Trust is a NYC-focused REIT owning ~7.9M sq ft of office, ~0.8M sq ft of retail, and 743 residential units, all located in Manhattan. Revenue comes from rents and Observatory ticket sales ($128.3M Observatory revenue in 2025); the Empire State Building alone accounts for ~32.3% of portfolio rental revenues, with three properties together generating ~55.6%.