ESRT
Empire State Realty Trust, Inc. Real Estate - REIT - Diversified Investor Relations →
Empire State Realty Trust, Inc. (ESRT) closed at $5.62 as of 2026-05-01, trading 28.6% below its 200-week moving average of $7.88. This places ESRT in the extreme value zone. The stock moved further from the line this week, up from -29.5% last week. The 14-week RSI sits at 30, indicating neutral momentum.
Trading volume is running at 1.3x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.87 ratio) is neutral — neither side is clearly dominating.
Over the past 608 weeks of data, ESRT has crossed below its 200-week moving average 7 times. On average, these episodes lasted 52 weeks. Historically, investors who bought ESRT at the start of these episodes saw an average one-year return of +11.9%.
With a market cap of $1697 million, ESRT is a small-cap stock. Return on equity stands at 3.3%. The stock trades at 0.9x book value.
Share count has increased 5.8% over three years, indicating dilution.
Over the past 11.7 years, a hypothetical investment of $100 in ESRT would have grown to $47, compared to $445 for the S&P 500. ESRT has returned -6.2% annualized vs 13.7% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 5.7% compound annual rate, with 4 consecutive years of positive cash generation. A business generating more cash every year while trading below its 200-week moving average is exactly the kind of disconnect value investors look for.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: ESRT vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After ESRT Crosses Below the Line?
Across 7 historical episodes, buying ESRT when it crossed below its 200-week moving average produced an average return of +13.8% after 12 months (median +34.0%), compared to +15.7% for the S&P 500 over the same periods. 67% of those episodes were profitable after one year. After 24 months, the average return was +11.8% vs +32.8% for the index.
Each line shows $100 invested at the moment ESRT crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
ESRT has crossed below its 200-week MA 7 times with an average 1-year return of +11.9% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Sep 2014 | Oct 2014 | 3 | 1.7% | +16.1% | -52.7% |
| Aug 2015 | Sep 2015 | 1 | 0.2% | +38.7% | -56.6% |
| Feb 2016 | Feb 2016 | 4 | 8.2% | +30.2% | -57.0% |
| Feb 2018 | Aug 2023 | 288 | 63.0% | -8.7% | -62.2% |
| Sep 2023 | Oct 2023 | 7 | 11.0% | +25.3% | -31.5% |
| Feb 2025 | Jun 2025 | 16 | 18.3% | -30.2% | -33.4% |
| Jun 2025 | Ongoing | 45+ | 37.3% | Ongoing | -29.4% |
| Average | 52 | — | +11.9% | — |
Frequently Asked Questions
Is ESRT below its 200-week moving average?
Yes. As of 2026-05-01, Empire State Realty Trust, Inc. (ESRT) is trading 28.6% below its 200-week moving average of $7.88. The current price is $5.62.
What is ESRT's 200-week moving average price?
Empire State Realty Trust, Inc.'s 200-week moving average is $7.88 as of 2026-05-01. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when ESRT drops below its 200-week moving average?
ESRT has crossed below its 200-week moving average 7 times in our data. On average, buying at that moment produced a one-year return of +11.9%. These dips have historically been decent entry points. These episodes lasted 52 weeks on average.
Is ESRT a good value right now?
Here's what our data says about ESRT as of 2026-05-01: The stock is below its 200-week moving average, which is the starting point for our analysis. The 14-week RSI is 30. Return on equity is 3.3%. Price-to-book is 0.9x. This is not a buy or sell recommendation — always do your own research.
How does ESRT compare to the S&P 500?
Over the past 11.7 years, $100 invested in ESRT would have grown to $47, compared to $445 for the S&P 500. That's -6.2% annualized vs 13.7% for the index. ESRT has underperformed the broader market over this period.
Does ESRT pay a dividend?
Yes. Empire State Realty Trust, Inc. currently pays a dividend yield of 249.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-05-01