US · ESRT
Empire State Realty Trust, Inc.
- Sector
- Real Estate · REIT - Diversified
- Headquarters
- New York City, NY 10120
- Website
- empirestaterealtytrust.com
Price · as of 2024-12-31
$5.62
Market cap 995.02M
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $39.46 | +602.14% |
| Intrinsic Value(DCF) | $5.63 | +0.18% |
| Graham-Dodd Method(GD) | $2.34 | -58.35% |
| Graham Formula(GF) | $3.51 | -37.63% |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2010 | $0.00 | $7.08 | |||
| 2011 | $0.00 | $16.83 | |||
| 2012 | $0.00 | $0.00 | |||
| 2013 | $11.76 | $41.02 | $0.00 | $0.00 | $10.78 |
| 2014 | $14.41 | $102.22 | $165.10 | $0.00 | $29.77 |
| 2015 | $13.72 | $43.20 | $158.99 | $0.00 | $3.51 |
| 2016 | $17.07 | $38.76 | $29.10 | $0.55 | $4.30 |
| 2017 | $14.33 | $38.12 | $2.96 | $0.00 | $5.18 |
| 2018 | $13.87 | $35.22 | $3.17 | $0.02 | $4.22 |
| 2019 | $10.58 | $40.33 | $0.67 | $0.00 | $2.33 |
| 2020 | $10.94 | $34.31 | $1.37 | $0.00 | $0.55 |
| 2021 | $8.62 | $37.29 | $3.11 | $0.81 | $0.00 |
| 2022 | $7.29 | $42.21 | $1.21 | $1.55 | $5.87 |
| 2023 | $9.42 | $39.67 | $3.54 | $2.22 | $4.14 |
| 2024 | $8.39 | $39.46 | $3.77 | $2.34 | $3.50 |
AI valuation
Our deep-learning model estimates Empire State Realty Trust, Inc.'s (ESRT) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $39.46
- Current price
- $5.62
- AI upside
- +602.14%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$5.63
+0.18% upside
Graham-Dodd
$2.34
-58.35% upside
Graham Formula
$3.51
-37.63% upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| ESRT | Empire State Realty Trust… | $5.62 | 995.02M | +602% | 0% | -58% | -38% | 17.21 | 1.34 | 1.81 | 10.13 | — | 6.13 | 53.59% | 20.80% | 6.77% | 7.97% | 5.09% | 1.84% | 2.41 | 1.45 | 1.15 | 1.09 | 6.11 | -667.00% | 319.00% | 1222.00% | 18.86% | 0.34 | 8.64% | 1.98% | 34.10% | 1.98% | 21.94 | 13.35 | 4.56 | 0.60 |
| AAT | American Assets Trust, In… | $19.52 | 1.2B | +135% | -55% | — | -79% | 16.68 | 1.03 | 2.73 | 9.97 | — | 1.05 | 61.12% | 33.45% | 16.36% | 6.13% | 5.24% | 2.30% | 1.48 | 1.87 | 2.04 | 2.04 | 5.68 | -213.00% | -473.00% | -3071.00% | 7.97% | 1.54 | 3.44% | 8.84% | 147.50% | 11.43% | 18.96 | 29.17 | 6.34 | 0.59 |
| ALEX | Alexander & Baldwin, Inc. | $20.79 | 1.51B | +13% | -53% | -79% | -16% | 20.47 | 1.24 | 5.24 | 13.34 | 19.99 | 1.29 | 45.49% | 33.71% | 25.58% | 6.03% | 5.49% | 3.65% | 0.47 | 3.13 | 0.26 | 0.26 | 3.50 | 10244.00% | 1331.00% | 3152.00% | 3.81% | 0.47 | 3.26% | 5.24% | 107.30% | 6.30% | 21.07 | 35.60 | 7.10 | 0.62 |
| ALX | Alexander's, Inc. | $234.62 | 1.2B | +37% | -59% | — | -94% | 42.87 | 11.08 | 5.68 | 17.62 | — | 11.08 | 16.06% | 30.58% | 13.24% | 19.74% | 6.99% | 2.30% | 8.64 | 1.26 | 8.33 | 6.58 | 7.09 | -3499.00% | -583.00% | 3574.00% | 6.07% | 2.00 | 7.87% | 7.64% | 327.50% | 7.64% | 31.06 | 27.57 | 9.50 | 1.49 |
| CIM | Chimera Investment Corpor… | $13.61 | 1.13B | +899% | +24% | +118% | +4,369% | 4.23 | 0.44 | 1.37 | 17.51 | 2.82 | 0.44 | 94.87% | 93.16% | 28.08% | 10.45% | 5.44% | 1.84% | 5.08 | 1.38 | 0.07 | 0.07 | 16.09 | 15000.00% | 21822.00% | -22101.00% | -22.07% | -0.04 | -1.79% | 7.63% | 32.30% | 7.63% | 18.20 | -55.93 | 16.96 | -0.34 |
| KREF | KKR Real Estate Finance T… | $6.95 | 455.15M | +603% | -0% | — | +39% | -9.59 | 0.41 | 1.06 | 18.53 | — | 0.41 | 88.30% | 59.31% | -10.27% | -4.01% | 4.54% | -0.79% | 4.00 | 0.84 | 0.32 | 0.32 | 16.76 | -65263.00% | -2272.00% | -4641.00% | 13.77% | 0.21 | 1.12% | 18.20% | -174.60% | 65.31% | 18.75 | 76.36 | 11.12 | 0.11 |
| SAFE | Safehold Inc. | $16.14 | 1.16B | +155% | -60% | +92% | +32% | 10.14 | 0.48 | 3.02 | 16.92 | 136.49 | 0.53 | 94.33% | 79.78% | 29.69% | 4.82% | 4.47% | 1.62% | 1.87 | 1.49 | 17.86 | 17.81 | 13.43 | 743.00% | 543.00% | 2631.00% | 4.11% | 0.35 | 0.71% | 4.38% | 44.40% | 4.38% | 18.31 | 117.76 | 14.60 | 0.75 |
| SILA | Sila Realty Trust, Inc. | $25.73 | 1.42B | +34% | -53% | +5% | -68% | 43.08 | 1.07 | 7.22 | 9.76 | — | 1.19 | 87.95% | 32.86% | 16.77% | 2.42% | 4.02% | 1.61% | 0.00 | 1.98 | — | — | -0.23 | -2000.00% | 572.00% | -825.00% | 8.35% | — | 7.39% | 0.00% | 0.00% | 38.96% | 21.48 | 11.70 | 7.06 | 1.35 |
| UMH | UMH Properties, Inc. | $15.08 | 1.29B | +69% | -59% | — | -66% | — | 1.43 | 4.93 | 16.19 | — | 1.43 | 3.86% | 17.40% | 10.12% | 0.00% | 3.04% | 0.00% | 0.84 | 1.53 | 31.20 | 31.20 | 5.65 | 11333.00% | 881.00% | 46.00% | 6.35% | 14.48 | 5.47% | 7.11% | — | 7.48% | 43.54 | 24.19 | 7.58 | 1.32 |
| XHR | Xenia Hotels & Resorts, I… | $15.28 | 1.41B | +27% | -60% | -57% | -50% | 23.27 | 1.29 | 1.36 | 9.70 | 7.12 | 1.30 | 1.47% | 9.92% | 5.85% | 5.31% | 4.25% | 2.24% | 1.27 | 1.24 | — | — | 4.55 | 32667.00% | 380.00% | 28809.00% | 6.12% | — | 3.65% | 3.69% | 85.90% | 11.89% | 25.84 | 30.76 | 2.56 | 0.79 |
About Empire State Realty Trust, Inc.
Empire State Realty Trust, Inc. (NYSE: ESRT), a leading real estate investment trust (REIT), owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the greater New York metropolitan area, including the Empire State Building, the World's Most Famous Building. Headquartered in New York, New York, the Company's office and retail portfolio covers 10.1 million rentable square feet, as of September 30, 2020, consisting of 9.4 million rentable square feet in 14 office properties, including nine in Manhattan, three in Fairfield County, Connecticut, and two in Westchester County, New York; and approximately 700,000 rentable square feet in the retail portfolio. Long the leader in energy efficiency retrofits and Indoor Environmental Quality, Empire State Realty Trust is the first commercial real estate portfolio in the U.S. to achieve the WELL Health-Safety Rating.
- CEO
- Anthony E. Malkin
- Employees
- 667
- Beta
- 1.36
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($5.63 ÷ $5.62) − 1 = +0.18% (DCF, example).