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NYSE: ESRT
Empire State Realty Trust Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for ESRT

Based on 3 analysts offering 12 month price targets for Empire State Realty Trust Inc.
Min Forecast
$7.00-11.28%
Avg Forecast
$8.67+9.85%
Max Forecast
$10.00+26.74%

Should I buy or sell ESRT stock?

Based on 3 analysts offering ratings for Empire State Realty Trust Inc.
Hold
Strong Buy
0 analysts 0%
Buy
1 analysts 33.33%
Hold
1 analysts 33.33%
Sell
0 analysts 0%
Strong Sell
1 analysts 33.33%

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ESRT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Wells Fargo
Bottom 6%
6
Strong SellMaintains$7.00-11.73%2023-08-30
Evercore ISI Group
Bottom 9%
9
BuyMaintains$10.00+26.10%2023-08-17
Citigroup
Bottom 14%
14
HoldMaintains$9.00+13.49%2023-08-08

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Forecast return on equity

Is ESRT forecast to generate an efficient return?
Company
14.34%
Industry
10.01%
Market
33.97%
ESRT's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is ESRT forecast to generate an efficient return on assets?
Company
3.31%
Industry
5.06%
ESRT is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

ESRT vs Diversified REIT Stocks

TickerPricePrice TargetUp/downsideConsensus
ESRT$7.93$8.67+9.29%Hold
SAFE$18.39$32.20+75.10%Strong Buy
AAT$19.00$21.00+10.53%Hold
GNL$9.88$15.00+51.82%Strong Buy
BRSP$6.62$9.50+43.50%Buy
View Top Diversified REIT Stocks

Empire State Realty Trust Stock Forecast FAQ

Is Empire State Realty Trust Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NYSE: ESRT) stock is to Hold ESRT stock.

Out of 3 analysts, 0 (0%) are recommending ESRT as a Strong Buy, 1 (33.33%) are recommending ESRT as a Buy, 1 (33.33%) are recommending ESRT as a Hold, 0 (0%) are recommending ESRT as a Sell, and 1 (33.33%) are recommending ESRT as a Strong Sell.

If you're new to stock investing, here's how to buy Empire State Realty Trust stock.

What is ESRT's forecast return on equity (ROE) for 2023-2023?

(NYSE: ESRT) forecast ROE is 14.34%, which is considered weak.

What is ESRT's Price Target?

According to 3 Wall Street analysts that have issued a 1 year ESRT price target, the average ESRT price target is $8.67, with the highest ESRT stock price forecast at $10.00 and the lowest ESRT stock price forecast at $7.00.

On average, Wall Street analysts predict that Empire State Realty Trust's share price could reach $8.67 by Aug 30, 2024. The average Empire State Realty Trust stock price prediction forecasts a potential upside of 9.29% from the current ESRT share price of $7.93.

What is ESRT's forecast return on assets (ROA) for 2023-2023?

(NYSE: ESRT) forecast ROA is 3.31%, which is lower than the forecast US REIT - Diversified industry average of 5.06%.
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