ESRT Stock Summary and Trading Ideas (Empire State Realty Trust Class A | NYSE:ESRT)

Empire State Realty Trust operates as a pure-play greater New York and Manhattan-focused REIT, featuring its landmark Empire State Building office and observation deck. The company owns and operates around 8.5 million square feet of office space, about 80% of which is located in Manhattan.

Empire State Realty Trust Class A trades on the NYSE stock market under the symbol ESRT.

As of March 4, 2025, ESRT stock price declined to $8.55 with 1,809,005 million shares trading.

ESRT has a beta of 0.85, meaning it tends to be less sensitive to market movements. ESRT has a correlation of 0.15 to the broad based SPY ETF.

ESRT has a market cap of $1.43 billion. This is considered a Small Cap stock.

In the last 3 years, ESRT traded as high as $11.62 and as low as $5.39.

The top ETF exchange traded funds that ESRT belongs to (by Net Assets): VNQ, VTI, IWM, VB, VBR.

ESRT has underperformed the market in the last year with a price return of -11.6% while the SPY ETF gained +13.9%. ESRT has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -20.7% and -6.1%, respectively, while the SPY returned -4.2% and -5.4%, respectively.

ESRT support price is $8.73 and resistance is $9.11 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ESRT shares will trade within this expected range on the day.