Empire State Realty Trust Inc [NYSE: ESRT] closed the trading session at $6.96.
The stocks have a year to date performance of -32.56 percent and weekly performance of -2.38 percent. The stock has been moved at -35.91 percent over the last six months. The stock has performed -11.11 percent around the most recent 30 days and changed -25.88 percent over the most recent 3-months.
If compared to the average trading volume of 1.42M shares, ESRT reached to a volume of 4499547 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Empire State Realty Trust Inc [ESRT]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ESRT shares is $9.70 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ESRT stock is a recommendation set at 2.71. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Wolfe Research have made an estimate for Empire State Realty Trust Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on March 25, 2025. The new note on the price target was released on November 27, 2023, representing the official price target for Empire State Realty Trust Inc stock. Previously, the target price had yet another raise from $7 to $8, while Evercore ISI kept a Outperform rating on ESRT stock. On April 12, 2023, analysts decreased their price target for ESRT shares from 8 to 7.
The Average True Range (ATR) for Empire State Realty Trust Inc is set at 0.27, with the Price to Sales ratio for ESRT stock in the period of the last 12 months amounting to 1.52. The Price to Book ratio for the last quarter was 1.13, with the Price to Cash per share for the same quarter was set at 2.57. Price to Free Cash Flow for ESRT in the course of the last twelve months was 13.23.
ESRT stock trade performance evaluation
Empire State Realty Trust Inc [ESRT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.38. With this latest performance, ESRT shares dropped by -11.11% in over the last four-week period, additionally sinking by -35.91% over the last 6 months – not to mention a drop of -23.68% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ESRT stock in for the last two-week period is set at 36.77, with the RSI for the last a single of trading hit 37.31, and the three-weeks RSI is set at 36.13 for Empire State Realty Trust Inc [ESRT]. The present Moving Average for the last 50 days of trading for this stock 7.91, while it was recorded at 7.11 for the last single week of trading, and 9.84 for the last 200 days.
Empire State Realty Trust Inc [ESRT]: Institutional Ownership
There are presently around $94.06%, or 94.14%% of ESRT stock, in the hands of institutional investors. The top three institutional holders of ESRT stocks are: VANGUARD GROUP INC with ownership of 19.39 million shares, which is approximately 11.8007%. BLACKROCK INC., holding 16.14 million shares of the stock with an approximate value of $$151.41 million in ESRT stocks shares; and BLACKROCK INC., currently with $$67.04 million in ESRT stock with ownership which is approximately 4.3505%.
