(ESRT) Empire State Realty Trust - Ratings and Ratios

Empire State Realty Trust, Inc. (NYSE: ESRT) is a prominent real estate investment trust with a strong presence in New York City, operating a diverse portfolio of high-quality office, retail, and multifamily properties. The companys flagship Empire State Building is a global icon, featuring a world-renowned Observatory that has been recognized as the #1 Attraction in the World and the #1 Attraction in the U.S. for three consecutive years by Tripadvisor. ESRT is committed to sustainability, leading the industry in energy efficiency and indoor environmental quality.

As a diversified REIT, ESRTs portfolio is comprised of approximately 7.9 million rentable square feet of office space, 0.8 million rentable square feet of retail space, and 732 residential units as of March 31, 2025. The companys focus on modernization and amenities has enabled it to maintain a well-leased portfolio, positioning it for long-term success. With a strong brand and commitment to sustainability, ESRT is well-positioned to capitalize on the growing demand for high-quality real estate in NYC.

From a technical analysis perspective, ESRTs stock price has been trending upwards, with its 20-day SMA at $7.90 and 50-day SMA at $7.51, indicating a potential bullish trend. However, the stock is currently trading below its 200-day SMA of $9.38, suggesting that it may be undervalued. The ATR of 0.22 (2.58%) indicates moderate volatility. Given the current fundamental data, including a P/E ratio of 26.30 and a forward P/E of 87.72, the stock may be poised for growth. If the company can maintain its commitment to sustainability and continue to modernize its portfolio, it may be able to drive growth in its revenue and earnings, potentially leading to a stock price increase.

Forecasting ESRTs stock price using a combination of technical and fundamental analysis, we can expect the stock to potentially reach $10.50 in the next 6-12 months, driven by its strong portfolio, commitment to sustainability, and growing demand for high-quality real estate in NYC. This forecast is based on the assumption that the company will continue to maintain its well-leased portfolio, drive growth in revenue and earnings, and benefit from its iconic brand and industry-leading sustainability initiatives.