Bullish Case: Improved liquidity from $225M green notes, strong institutional interest, recent positive analyst outlook, and potential benefits from upcoming housing legislation could bolster ESRT's value.


Bearish Case: Persistent flat price action, negative AI forecast correlation, below-average 10-year returns, and recent analyst downgrades suggest continuing price depression.


Potential Outcomes: Short-term (60-day) bearish likelihood high, given recent -8.1% return and AI forecast; mid-term (1-2 years) bullish on strategic debt maneuvering and institutional support.


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April 13, 2024


Empire State Realty Forecast

ESRT        Empire State Realty
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











Correlated Stock Forecasts

Assets that tend to move strongly with ESRT



WBS Forecast + Options Trading Strategies   WBS  Webster Financial (0.93)


ROST Forecast + Options Trading Strategies   ROST  Ross Stores (0.93)


BOH Forecast + Options Trading Strategies   BOH  Bank of Hawaii (0.93)


BR Forecast + Options Trading Strategies   BR  Broadridge Financial Solutions (0.93)


IBM Forecast + Options Trading Strategies   IBM  International Business Machines (0.92)



Uncorrelated Stock Forecasts

Assets with little price relationship to ESRT



CWH Forecast + Options Trading Strategies   CWH  Camping World (0.0)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.0)


EW Forecast + Options Trading Strategies   EW  Edwards Lifesciences (-0.0)


PCG Forecast + Options Trading Strategies   PCG  PG&E (0.01)


SONY Forecast + Options Trading Strategies   SONY  Sony Group Corporation (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against ESRT



SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.88)


TECS Forecast + Options Trading Strategies   TECS  Direxion Daily Technology Bear 3X Shares (-0.88)


UVXY Forecast + Options Trading Strategies   UVXY  ProShares Ultra VIX Short-Term Futures (-0.89)


SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.89)


DOG Forecast + Options Trading Strategies   DOG  ProShares Short Dow30 (-0.89)


ESRT News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.






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