Empire State Realty OP LP (ESBA) stock score and earnings-call analysis

Empire State Realty OP LP (ESBA) has a MarketKingdoms composite score of 54.3 (C+), an C-range rating. It ranks 1609th of 1,866 covered companies, 157th of 176 in Real Estate (sector average 64.2) and 14th of 15 in REIT - Office. Scores as of 2026-10-26.

Its strongest lenses are Industry opportunity at 78 (Real Estate average 80) and Catalyst watch at 71 (Real Estate average 70). Its weakest lenses are Trend (momentum) at 19 (sector average 51) and Expansion (growth) at 27 (sector average 50).

Lens scores

ESBA lens scores (0–100) against its sector and industry
LensTypeESBAReal Estate averageREIT - Office averagePercentile in sector
Industry opportunityResearch signal78807838th
Stock selectionResearch signal6278786th
KPI momentumResearch signal3876762nd
Catalyst watchResearch signal71707347th
Price (valuation)Fundamental lens56515263rd
Expansion (growth)Fundamental lens27503818th
Quality (profitability)Fundamental lens53504349th
Trend (momentum)Fundamental lens19515314th

Latest earnings call

The most recent call analysed was held on 2026-07-30 (fiscal 2026 Q2). After it the composite moved from 71.8 to 71.3. MarketKingdoms checks what management promised on each call against what it later delivered.

Recent score changes after earnings events

The composite at the time of each event; today's composite is 54.3.

Valuation and risk

The stock's valuation gap is +10.2%: its price is above the path its market, sector and industry moves explain (overvalued versus the model path). Factor sensitivity: market beta 1.43, sector beta 1.24, industry beta -0.14; the factor model explains 10% of its moves (R²).

REIT - Office peers

CompanyCompositeGradeValuation gap
Postal Realty Trust Inc (PSTL)77.0A-+7.4%
Highwoods Properties Inc (HIW)69.2B-1.9%
COPT Defense Properties (CDP)68.4B+5.5%
Cousins Properties Inc (CUZ)68.3B-8.8%
Easterly Government Properties Inc (DEA)67.5B+8.9%
Piedmont Realty Trust Inc (PDM)66.9B-1.2%
BXP Inc (BXP)66.0B+1.4%
Brandywine Realty Trust (BDN)64.5B-4.9%

Near ESBA in the overall ranking

Empire State Realty OP LP financial statements · Real Estate sector ranking · REIT - Office industry ranking · All covered companies

How MarketKingdoms scores companies

The composite score (0–100, graded A+ to D-) blends research signals from each earnings call with fundamental lenses from SEC filings and market prices. Research signals: Industry opportunity, Stock selection, KPI momentum and Catalyst watch, read from what management said and whether it delivered. Fundamental lenses: Price (valuation), Expansion (growth), Quality (profitability) and Trend (momentum). Scores are recalculated every night and after every earnings call. The valuation gap compares the actual price path with the path the stock's market, sector and industry moves explain; it is a model comparison, not a fair-value estimate.

General information, not investment advice.