Empire State Realty Trust, Inc. (ESRT)
Real Estate
- Fundamental
- 4
- Sentiment
- 2
- Technical
- 1
Do Nothing: qualitativeScore is 2 (below required floor of 3), and ESRT's chart remains a high-ADX downtrend with no confirmed bullish setup.
Company overview
Empire State Realty Trust, Inc. is a real estate investment trust focused on commercial office and retail assets in the New York metropolitan area. Its portfolio includes the Empire State Building and spans 10.1 million rentable square feet, primarily in Manhattan.
Fundamental
goodESRT has stable revenues and liquidity but faces concentration risks in NYC and weaker observatory performance.
ESRT shows stable revenues and improving leasing metrics, with solid liquidity and no near-term maturity wall disclosed. The key offsets are NYC concentration and weaker observatory outlook (including a large non-cash impairment in 2026). On enterprise-value multiples and price vs. core-FFO guidance, the stock screens inexpensive, supporting a 4/5 score despite sector uncertainty.
Sentiment
weakSentiment is cautious following a guidance reset and weaker observatory outlook, with no immediate catalysts.
Media tone is neutral-to-slightly bearish as ESRT digests its 2026-07-29 Q2 results and lowered core-FFO outlook tied to weaker Observation Deck performance (confidence: announced). Versus a more constructive 30–90d baseline (analyst price-target lift), sentiment has deteriorated with no clear forward catalysts in the next month; no regulator-confirmed legal issues surfaced (court-case search partly blocked by CAPTCHA).
Technical
very weakThe stock is in a strong bearish trend, trading below key moving averages with no reversal signals.
ESRT scores 1/5 technically: the stock is below SMA20/50/200 and EMA9/21, MACD is negative and below its signal, and ADX 43.96 confirms a strong bearish trend after the late-July breakdown. RSI 34.84 and Williams %R -90.13 show oversold conditions, but there is no base repair or reversal trigger yet.
You’re looking at 2026-08-06 — about 2 trading days ago.
Subscribers saw this then, and see today’s score, verdict and trade plan now.
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Not financial advice. For informational and educational purposes only.