Empire State Realty Trust (NYSE:ESRT) Share Price Crosses Below 200-Day Moving Average – Should You Sell?

Posted by Stanley Muller on Oct 3rd, 2026

Empire State Realty Trust, Inc. (NYSE:ESRT – Get Free Report) shares crossed below its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $5.13 and traded as low as $3.96. Empire State Realty Trust shares last traded at $4.1350, with a volume of 4,761,334 shares trading hands.

Analyst Upgrades and Downgrades

Several research firms have recently commented on ESRT. Wall Street Zen lowered shares of Empire State Realty Trust from a “hold” rating to a “sell” rating in a research report on Saturday, August 22nd. Wells Fargo & Company cut their price objective on shares of Empire State Realty Trust from $6.00 to $5.00 and set an “underweight” rating on the stock in a research report on Tuesday, September 1st. Evercore set a $5.00 target price on shares of Empire State Realty Trust in a research note on Monday, September 21st. Weiss Ratings restated a “sell (d)” rating on shares of Empire State Realty Trust in a research report on Friday, August 7th. Finally, Citigroup dropped their price target on shares of Empire State Realty Trust from $5.75 to $5.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 5th. One analyst has rated the stock with a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Empire State Realty Trust currently has a consensus rating of “Sell” and an average price target of $5.00.

Get Our Latest Report on ESRT

Empire State Realty Trust Stock Performance

The company has a market cap of $722.82 million, a P/E ratio of 59.65 and a beta of 1.40. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 1.15. The company has a 50 day moving average price of $4.57 and a 200-day moving average price of $5.12.

Empire State Realty Trust (NYSE:ESRT – Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported ($0.15) earnings per share for the quarter. The company had revenue of $196.90 million during the quarter. Empire State Realty Trust had a return on equity of 0.40% and a net margin of 0.93%.Empire State Realty Trust has set its FY 2026 guidance at 0.750-0.790 EPS. Equities analysts expect that Empire State Realty Trust, Inc. will post 0.77 EPS for the current fiscal year.

Empire State Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were issued a $0.0350 dividend. The ex-dividend date was Tuesday, September 15th. This represents a $0.14 annualized dividend and a dividend yield of 3.4%. Empire State Realty Trust’s dividend payout ratio (DPR) is 200.00%.

Institutional Investors Weigh In On Empire State Realty Trust

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Versant Capital Management Inc grew its holdings in Empire State Realty Trust by 380.9% during the third quarter. Versant Capital Management Inc now owns 9,205 shares of the real estate investment trust’s stock worth $37,000 after acquiring an additional 7,291 shares during the period. Royal Bank of Canada lifted its holdings in Empire State Realty Trust by 86.1% in the 1st quarter. Royal Bank of Canada now owns 11,078 shares of the real estate investment trust’s stock valued at $58,000 after acquiring an additional 5,124 shares during the last quarter. Sequoia Financial Advisors LLC acquired a new stake in Empire State Realty Trust in the 1st quarter valued at about $60,000. Hanover Advisors Inc. bought a new position in shares of Empire State Realty Trust during the 1st quarter valued at about $84,000. Finally, Abel Hall LLC bought a new position in shares of Empire State Realty Trust during the 1st quarter valued at about $97,000. Institutional investors own 67.10% of the company’s stock.

Empire State Realty Trust Company Profile

(Get Free Report)

Empire State Realty Trust, Inc is a self-managed real estate investment trust that owns, manages and operates office, retail and multifamily properties in the greater New York metropolitan area. The company’s portfolio is concentrated in Manhattan and includes prominent commercial properties serving businesses across a range of industries.

The company is best known for owning the Empire State Building, one of New York City’s most recognizable landmarks. In addition to office and retail leasing, Empire State Realty Trust operates the Empire State Building Observatory, which provides visitors with observation experiences, exhibits and related services.

Empire State Realty Trust was established in 2011 and became a publicly traded company in 2013.