Empire State Realty Trust Inc (NYSE: ESRT): Reassessing Prospects

Empire State Realty Trust Inc (ESRT) concluded trading on Thursday at a closing price of $8.71, with 3.18 million shares of worth about $27.69 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -22.92% during that period and on June 12, 2025 the price saw a gain of about 2.59%. Currently the company’s common shares owned by public are about 167.09M shares, out of which, 137.17M shares are available for trading.

Stock saw a price change of 7.66% in past 5 days and over the past one month there was a price change of 11.38%. Year-to-date (YTD), ESRT shares are showing a performance of -15.60% which decreased to -6.14% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $6.56 but also hit the highest price of $11.62 during that period. The average intraday trading volume for Empire State Realty Trust Inc shares is 1.46 million. The stock is currently trading 10.25% above its 20-day simple moving average (SMA20), while that difference is up 15.98% for SMA50 and it goes to -7.58% lower than SMA200.

Empire State Realty Trust Inc (NYSE: ESRT) currently have 167.09M outstanding shares and institutions hold larger chunk of about 74.86% of that.

The stock has a current market capitalization of $1.47B and its 3Y-monthly beta is at 1.68. PE ratio of stock for trailing 12 months is 28.72, while it has posted earnings per share of $0.30 in the same period. It has Quick Ratio of 3.76 while making debt-to-equity ratio of 2.04. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ESRT, volatility over the week remained 1.37% while standing at 1.99% over the month.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wolfe Research on March 25, 2025 offering an Outperform rating for the stock and assigned a target price of $10 to it. On May 23, 2023, Evercore ISI Upgrade their recommendations, while on April 12, 2023, Evercore ISI Downgrade their ratings for the stock with a price target of $7. Stock get an Outperform rating from BMO Capital Markets on March 03, 2023.

Related Posts

Life Telegraph
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.