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Empire State Realty (ESRT): analyst forecast and price target

$4.62 −2.33% close 16.10.26 · market cap $819M · Realestate · REIT - Diversified IWM 0.02%
Price targets and ratings of

Analyst consensus

Moderate Sell

0 Buy2 Hold1 Sell

Ratings of 3 analysts in the last 3 months

12-month forecast

$5.00+8.2% upside

Based on 3 price targets given in the last 3 months, the average target is $5.00, the highest $5.00, the lowest $5.00. The average is +8.2% from the last price of $4.62.

$4.00$6.00Jan 26AprJulOctJan 27AprJulOctHigh$5.00Average$5.00Low$5.00
Highest target $5.00 Average target $5.00 Lowest target $5.00
AnalystFirmPrice target RatingUpsideAction Date Move vs SPY
Steve Sakwa★★★★★★★★★★#3729 · hits 56% · avg +2.1% Evercore ISI $5.50 → $5.00−9.1% Hold +8.2% Reiterated 21.09.26on TipRanks 08:09 +3.8%next day −1.0% · 5 days −0.9%
Blaine Heck★★★★★★★★★★#3499 · hits 58% · avg +3.1% Wells Fargo $6.00 → $5.00−16.7% Sell +8.2% Assigned 01.09.26on TipRanks 06:45 −2.4%next day −0.4% · 5 days −3.5%
Nicholas Joseph★★★★★★★★★★#4196 · hits 65% · avg +4.5% Citi $5.75 → $5.00−13.0% Hold +8.2% Reiterated 05.08.26on TipRanks 06:40 −0.8%next day 0.0% · 5 days −3.8%
John Kim★★★★★★★★★★#5619 · hits 51% · avg +1.0% BMO Capital $7.00 Buy +51.5% Reiterated 29.04.26on TipRanks 19:55 −1.9%next day +0.6% · 5 days −1.1%
Tom Catherwood★★★★★★★★★★#9924 · hits 45% · avg −1.0% BTIG — Hold — Reiterated 03.03.26on TipRanks 07:35 +0.7%next day 0.0% · 5 days −5.8%

The latest rating of each analyst in the last 12 months, as TipRanks lists them. Every rating kept, earlier ones included

Best analysts covering Empire State Realty

TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.

Most accurate

3 months John Kim★★★★★★★★★★BMO Capital · #5619
Hits 51%251 of 496 Average return +1.0%
1 year John Kim★★★★★★★★★★BMO Capital · #5619
Hits 51%251 of 496 Average return +1.0%
2 years John Kim★★★★★★★★★★BMO Capital · #5619
Hits 51%251 of 496 Average return +1.0%

Most profitable

3 months John Kim★★★★★★★★★★BMO Capital · #5619
Hits 51%251 of 496 Average return +1.0%
1 year John Kim★★★★★★★★★★BMO Capital · #5619
Hits 51%251 of 496 Average return +1.0%
2 years John Kim★★★★★★★★★★BMO Capital · #5619
Hits 51%251 of 496 Average return +1.0%

How the average price target moved

The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $5.00 at a price of $4.03 (+24.1%); now: $5.00 at $4.62 (+8.2%).

$4.00$4.50$5.00Sep 15Oct 1Oct 15Average target$5.00Price$4.62

PriceAverage targetTop analysts’ target

Recommendation trend

0510133Oct 25122Nov122Dec2Jan 26132Feb243Mar362Apr231May13Jun21Jul31Aug32Sep21Oct

Strong BuyBuyHoldSell

Rating05.2606.2607.2608.2609.2610.26
Strong Buy000000
Buy210000
Hold332332
Sell101121

Earnings and sales forecast

Next report: 02.11.26 (Q3 2026, date not confirmed)

Sales

Next quarter’s sales estimate — $192M (from $190M to $195M). Last quarter: $197M.

Best top-analyst consensus in the sector · Realestate

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WELLWelltower
About Empire State Realty
  • CEO: Anthony E. Malkin
  • Employees: 642
  • 111 West 33rd Street, New York City, NY, 10120-1220, US
  • www.esrtreit.com

Empire State Realty Trust, Inc. (NYSE: ESRT) functions as a leading real estate investment trust (REIT), focused on the acquisition, ownership, management, operation, and revitalization of commercial office and retail assets across Manhattan and the broader New York metropolitan region. Its notable properties include the iconic Empire State Building, globally renowned as "The World's Most Famous Building." Based in New York, New York, the company's diverse portfolio encompassed 10.1 million rentable square feet as of September 30, 2020. This total comprised 9.4 million rentable square feet across 14 office properties – specifically, nine situated in Manhattan, three in Fairfield County, Connecticut, and two in Westchester County, New York – in addition to approximately 700,000 rentable square feet in retail spaces. ESRT has consistently demonstrated leadership in energy efficiency retrofits and maintaining superior Indoor Environmental Quality, achieving the distinction of being the first commercial real estate portfolio in the U.S. to obtain the WELL Health-Safety Rating.

Data from the stock’s TipRanks forecast page, read 7 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗