Getty Realty (NYSE:GTY – Get Free Report) posted its quarterly earnings data on Wednesday. The real estate investment trust reported $0.36 earnings per share for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.01), FiscalAI reports. The firm had revenue of $59.05 million during the quarter, compared to analysts’ expectations of $58.45 million. Getty Realty had a net margin of 40.06% and a return on equity of 8.76%. Getty Realty updated its FY 2026 guidance to 2.520-2.540 EPS.
Getty Realty Stock Down 2.0%
Shares of GTY stock traded down $0.73 during trading hours on Wednesday, hitting $35.88. 809,770 shares of the company were exchanged, compared to its average volume of 505,960. The stock has a market capitalization of $2.17 billion, a price-to-earnings ratio of 23.60, a P/E/G ratio of 2.98 and a beta of 0.72. Getty Realty has a one year low of $25.39 and a one year high of $36.83. The business’s 50-day simple moving average is $33.58 and its two-hundred day simple moving average is $32.46. The company has a debt-to-equity ratio of 0.92, a quick ratio of 2.24 and a current ratio of 2.24.
Getty Realty Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, October 8th. Stockholders of record on Thursday, September 24th will be given a dividend of $0.485 per share. The ex-dividend date of this dividend is Thursday, September 24th. This represents a $1.94 annualized dividend and a dividend yield of 5.4%. Getty Realty’s dividend payout ratio (DPR) is presently 127.63%.
Institutional Trading of Getty Realty
Analysts Set New Price Targets
GTY has been the topic of several recent analyst reports. Robert W. Baird boosted their price target on Getty Realty from $32.00 to $34.00 and gave the stock a “neutral” rating in a research note on Thursday, April 23rd. KeyCorp lifted their price objective on Getty Realty from $33.00 to $36.00 and gave the stock an “overweight” rating in a report on Thursday, May 14th. Weiss Ratings raised Getty Realty from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, May 13th. Citigroup reiterated a “market outperform” rating on shares of Getty Realty in a research note on Friday, June 12th. Finally, Royal Bank Of Canada reissued a “sector perform” rating and set a $35.00 price target on shares of Getty Realty in a research report on Friday, April 24th. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Getty Realty currently has an average rating of “Moderate Buy” and an average target price of $34.17.
View Our Latest Research Report on GTY
Getty Realty Company Profile
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.
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