Shares of Getty Realty Corporation (NYSE:GTY – Get Free Report) have earned a consensus recommendation of “Moderate Buy” from the eight analysts that are presently covering the company, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $34.1667.
GTY has been the topic of a number of research analyst reports. Robert W. Baird increased their price objective on shares of Getty Realty from $32.00 to $34.00 and gave the stock a “neutral” rating in a research report on Thursday, April 23rd. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $35.00 target price on shares of Getty Realty in a research report on Friday, April 24th. Huntington began coverage on Getty Realty in a research note on Wednesday. They set an “outperform” rating and a $37.00 price target on the stock. Citigroup reiterated a “market outperform” rating on shares of Getty Realty in a report on Friday, June 12th. Finally, Weiss Ratings raised Getty Realty from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, May 13th.
View Our Latest Research Report on GTY
Institutional Trading of Getty Realty
Getty Realty Stock Up 0.7%
Getty Realty stock opened at $36.22 on Friday. The company has a market capitalization of $2.19 billion, a PE ratio of 23.83, a PEG ratio of 2.97 and a beta of 0.72. Getty Realty has a 12-month low of $25.39 and a 12-month high of $36.53. The firm’s fifty day moving average is $33.45 and its 200 day moving average is $32.30. The company has a quick ratio of 2.24, a current ratio of 2.24 and a debt-to-equity ratio of 0.92.
Getty Realty (NYSE:GTY – Get Free Report) last posted its quarterly earnings results on Wednesday, April 22nd. The real estate investment trust reported $0.43 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.09. Getty Realty had a net margin of 40.06% and a return on equity of 8.76%. The business had revenue of $57.84 million during the quarter, compared to analysts’ expectations of $58.41 million. During the same period last year, the company posted $0.59 earnings per share. The business’s quarterly revenue was up 10.5% on a year-over-year basis. Getty Realty has set its FY 2026 guidance at 2.500-2.52 EPS. As a group, sell-side analysts predict that Getty Realty will post 2.42 EPS for the current fiscal year.
Getty Realty Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, July 9th. Investors of record on Thursday, June 25th were issued a $0.485 dividend. This represents a $1.94 dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date was Thursday, June 25th. Getty Realty’s dividend payout ratio (DPR) is currently 127.63%.
About Getty Realty
Getty Realty Corp is a publicly traded real estate investment trust (REIT) that specializes in the acquisition, ownership and leasing of service station and convenience retail properties. The company’s portfolio consists primarily of fee-simple and ground-leased sites, which are leased to major national and regional fuel and convenience store operators under long-term, triple-net leases. This structure provides Getty Realty with a stable stream of contractual rental income and limited operational responsibilities.
Founded in 1981, Getty Realty became a publicly listed company in 2005 and trades on the New York Stock Exchange under the ticker symbol GTY.
Featured Stories
- Five stocks we like better than Getty Realty
- AST SpaceMobile Stock Sinks as SpaceX Fallout Rattles Space Sector
- Aehr Test Systems Stock Soars on Earnings, Eyes Over 150% Revenue Growth
- TSMC Just Gave AI Chip Bulls Another Reason to Stay Confident
- GE Aerospace Faces a Prove-It Moment in Q2 Earnings
Receive News & Ratings for Getty Realty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Getty Realty and related companies with MarketBeat.com's FREE daily email newsletter.
