Empire State Realty Trust Inc [NYSE: ESRT] stock went on a downward path that fall over -7.57% on Wednesday, amounting to a one-week price decrease of less than -12.18%.
Over the last 12 months, ESRT stock dropped by -26.65%. The one-year Empire State Realty Trust Inc stock forecast points to a potential downside of -16913219.24. The average equity rating for ESRT stock is currently 2.57, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $1.28 billion, with 167.09 million shares outstanding and 137.17 million shares in the current float. Compared to the average trading volume of 1.60M shares, ESRT stock reached a trading volume of 4269131 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on 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 $9.46 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 2.57. 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 Price to Book ratio for the last quarter was 1.23, with the Price to Cash per share for the same quarter was set at 1.41. Price to Free Cash Flow for ESRT in the course of the last twelve months was 11.48 with Quick ratio for the last quarter at 3.76.
ESRT Stock Performance Analysis:
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 -12.18. With this latest performance, ESRT shares gained by 3.98% in over the last four-week period, additionally sinking by -24.75% over the last 6 months – not to mention a drop of -26.65% in the past year of trading.
Insight into Empire State Realty Trust Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Empire State Realty Trust Inc [ESRT] shares currently have an operating margin of 20.01% and a Gross Margin at 29.30%. Empire State Realty Trust Inc’s Net Margin is presently recorded at 6.65%.
Return on Equity for this stock inclined to 1.33%, with Return on Assets sitting at 1.33%.
Empire State Realty Trust Inc [ESRT] Institutonal Ownership Details
There are presently around $93.58%, or 93.66% 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%.
