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Upturn AI SWOT - About
ESBA 
Empire State Realty OP LP ES (ESBA)
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Upturn Advisory Summary
06/30/2025: ESBA (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $0
1 Year Target Price $0
| 0 | Strong Buy |
| 0 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 20.6% | Avg. Invested days 65 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  4.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 06/30/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 2.27B USD | Price to earnings Ratio 27.37 | 1Y Target Price - |
Price to earnings Ratio 27.37 | 1Y Target Price - | ||
Volume (30-day avg) - | Beta 1.69 | 52 Weeks Range 6.36 - 11.37 | Updated Date 06/29/2025 |
52 Weeks Range 6.36 - 11.37 | Updated Date 06/29/2025 | ||
Dividends yield (FY) 1.71% | Basic EPS (TTM) 0.3 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 11.27% | Operating Margin (TTM) 14.32% |
Management Effectiveness
Return on Assets (TTM) 2.31% | Return on Equity (TTM) 4.9% |
Valuation
Trailing PE 27.37 | Forward PE - | Enterprise Value 4183197823 | Price to Sales(TTM) 2.97 |
Enterprise Value 4183197823 | Price to Sales(TTM) 2.97 | ||
Enterprise Value to Revenue 5.46 | Enterprise Value to EBITDA 10.63 | Shares Outstanding 17733700 | Shares Floating 24795999 |
Shares Outstanding 17733700 | Shares Floating 24795999 | ||
Percent Insiders - | Percent Institutions 6.26 |
Analyst Ratings
Rating - | Target Price - | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Empire State Realty OP LP ES
Company Overview
History and Background
Empire State Realty OP, L.P. (ES) is the operating partnership through which Empire State Realty Trust, Inc. (ESRT) conducts its business. ESRT went public in 2013, consolidating several real estate holdings, including the Empire State Building. The firm has evolved into a leading REIT focused on office and retail properties in Manhattan and the greater New York metropolitan area.
Core Business Areas
- Commercial Real Estate: Owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the greater New York metropolitan area.
- Observatory: Operates the Empire State Building Observatory, a major tourist attraction.
Leadership and Structure
Anthony E. Malkin is the Chairman, President and CEO of Empire State Realty Trust, Inc. ESRT operates as a self-administered and self-managed REIT.
Top Products and Market Share
Key Offerings
- Office Space Leasing: Leases office space in its portfolio of properties. Competitors include other large REITs and private landlords in the New York area. Market share data is difficult to ascertain precisely for the NYC office market, but ESRT is a significant player. Competitors: VNO, SLG, RXR.
- Retail Space Leasing: Leases retail space in its properties, including high-traffic locations like the Empire State Building. Competitors: Brookfield Properties, Westfield. Market share information is diffuse and hard to capture for niche markets
- Empire State Building Observatory: Operates the popular tourist attraction. Competitors: One World Observatory, Top of the Rock Observation Deck. This provides a significant revenue stream. Competitors: One World Trade, Top of the Rock.
Market Dynamics
Industry Overview
The commercial real estate industry, particularly office space, is currently facing headwinds due to remote work trends and economic uncertainty. Tourism is recovering, benefiting observatory operations.
Positioning
ESRT is a well-known REIT with a focus on high-quality assets in New York City. Its competitive advantages include the iconic Empire State Building and a strong management team.
Total Addressable Market (TAM)
The TAM for office and retail space in NYC is substantial, estimated in the billions of dollars annually. ESRT captures a portion of this TAM through its portfolio, its iconic landmark and observatory. The TAM for tourism in NYC is in the tens of billions of dollars annually.
Upturn SWOT Analysis
Strengths
- Iconic Property (Empire State Building)
- Prime Locations in NYC
- Strong Brand Recognition
- Experienced Management Team
- Diversified Revenue Streams
Weaknesses
- High Geographic Concentration (NYC)
- Exposure to Office Market Downturn
- Dependence on Tourism
- High Debt Levels
Opportunities
- Repositioning of Assets
- Attracting New Tenants
- Capitalizing on Tourism Recovery
- Developing New Revenue Streams
- Improve building energy efficiency
Threats
- Economic Downturn
- Remote Work Trends
- Increased Competition
- Rising Interest Rates
- Geopolitical Risk
Competitors and Market Share
Key Competitors
- VNO
- SLG
- RXR
- BXP
Competitive Landscape
ESRT's advantage lies in its iconic asset. Disadvantages include geographic concentration and exposure to office market trends.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been impacted by economic cycles and the COVID-19 pandemic.
Future Projections: Future projections are subject to analyst estimates, which vary based on market conditions and company performance. Please check recent analyst reports.
Recent Initiatives: Recent initiatives include repositioning assets, attracting new tenants, and enhancing the observatory experience.
Summary
Empire State Realty OP, L.P. benefits from the Empire State Building's brand. However, the heavy NYC office market is under pressure because of remote work. The company will need to be creative in attracting new tenants. The real estate market and the market for tourism are working well to drive revenues. Overall the company should keep an eye on interest rates.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings
- Company Website
- Analyst Reports
- Third-Party Financial Data Providers (Reuters, Bloomberg, Yahoo Finance)
Disclaimers:
This analysis is based on publicly available information and analyst estimates, which are subject to change. It is not financial advice.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Empire State Realty OP LP ES
Exchange NYSE ARCA | Headquaters New York, NY, United States | ||
IPO Launch date 2013-10-02 | Chairman & CEO of Empire State Realty Trust Inc Mr. Anthony E. Malkin | ||
Sector Real Estate | Industry REIT - Office | Full time employees 667 | |
Full time employees 667 | |||
Empire State Realty OP, L.P. operates as a subsidiary of Empire State Realty Trust, Inc.
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