Empire State Realty Trust Soars 23.63% Ahead of Earnings

Empire State Realty Trust's stock surged by 23.63% in pre-market trading on April 21, 2025, marking a significant rise that has caught the attention of investors and analysts alike.

Empire State Realty Trust is expected to report its earnings for the fiscal quarter ending March 2025 on April 29, 2025, after the market closes. This upcoming earnings report is likely to influence investor sentiment and could be a key factor in the stock's recent price movement.

Empire State Realty Trust has a consensus rating of "Hold" with an average target price of $11.00, according to MarketBeat. This rating suggests that analysts are cautiously optimistic about the stock's future performance, which may contribute to the recent volatility in its price.

Empire State Realty Trust recently signed a 77,382 square foot renewal lease with Gerson Lehrman Group, Inc., a financial and global information services company. This lease renewal indicates strong tenant retention and could be seen as a positive sign for the company's revenue stability and growth prospects.