Getty Realty (NYSE:GTY – Free Report) had its price objective increased by Royal Bank Of Canada from $35.00 to $36.00 in a report published on Friday,Benzinga reports. They currently have a sector perform rating on the real estate investment trust’s stock.
Several other research firms have also weighed in on GTY. KeyCorp increased their target price on Getty Realty from $33.00 to $36.00 and gave the company an “overweight” rating in a research note on Thursday, May 14th. Citizens Jmp raised their price target on shares of Getty Realty from $35.00 to $39.00 and gave the stock a “market outperform” rating in a research note on Thursday. Weiss Ratings upgraded Getty Realty from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, May 13th. Robert W. Baird upped their target price on shares of Getty Realty from $34.00 to $36.00 and gave the company a “neutral” rating in a report on Thursday. Finally, Citigroup reissued an “outperform” rating on shares of Getty Realty in a research report on Thursday. Six equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $35.29.
Read Our Latest Stock Analysis on Getty Realty
Getty Realty Stock Down 0.2%
Getty Realty (NYSE:GTY – Get Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The real estate investment trust reported $0.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by ($0.01). The firm had revenue of $59.05 million for the quarter, compared to analyst estimates of $58.45 million. Getty Realty had a return on equity of 9.27% and a net margin of 42.74%.The firm’s revenue for the quarter was up 10.9% on a year-over-year basis. Getty Realty has set its FY 2026 guidance at 2.520-2.540 EPS. As a group, research analysts forecast that Getty Realty will post 2.42 EPS for the current fiscal year.
Getty Realty Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders of record on Thursday, September 24th will be paid a $0.485 dividend. This represents a $1.94 dividend on an annualized basis and a yield of 5.6%. The ex-dividend date of this dividend is Thursday, September 24th. Getty Realty’s payout ratio is currently 118.29%.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in the company. LSV Asset Management raised its stake in shares of Getty Realty by 1,467.5% in the fourth quarter. LSV Asset Management now owns 233,563 shares of the real estate investment trust’s stock worth $6,393,000 after buying an additional 218,663 shares during the period. Vanguard Group Inc. increased its stake in Getty Realty by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 8,488,950 shares of the real estate investment trust’s stock valued at $232,343,000 after purchasing an additional 102,670 shares in the last quarter. Ranch Capital Advisors Inc. purchased a new stake in Getty Realty in the first quarter valued at $1,777,000. Legal & General Group Plc increased its position in shares of Getty Realty by 17.6% in the fourth quarter. Legal & General Group Plc now owns 368,845 shares of the real estate investment trust’s stock valued at $10,095,000 after buying an additional 55,149 shares in the last quarter. Finally, Meritage Portfolio Management raised its stake in Getty Realty by 31.2% in the 4th quarter. Meritage Portfolio Management now owns 141,628 shares of the real estate investment trust’s stock valued at $3,876,000 after purchasing an additional 33,675 shares during the last quarter. Institutional investors own 85.11% of the company’s stock.
Key Getty Realty News
Here are the key news stories impacting Getty Realty this week:
- Positive Sentiment: Royal Bank of Canada raised its price target on Getty Realty to $36 from $35, keeping a “sector perform” rating and implying modest upside from current levels. Benzinga
- Positive Sentiment: Robert W. Baird also lifted its target to $36 from $34, while Citizens JMP turned more bullish and increased its target to $39 with a “market outperform” rating, signaling stronger confidence in the stock’s valuation and growth outlook. Benzinga
- Positive Sentiment: Post-earnings coverage highlighted steady, profitable growth and “low-drama” execution, suggesting investors are focusing on Getty Realty’s stable REIT profile and resilient operating trend. Yahoo Finance
- Neutral Sentiment: Getty Realty’s Q2 2026 earnings showed revenue above expectations, but earnings per share and FFO came in slightly below consensus, creating a mixed fundamental picture. Zacks
- Neutral Sentiment: Brokerage consensus remains cautious overall, with one recent note citing an average target near $34.17, suggesting analysts see limited near-term re-rating despite the positive revisions. Tickerreport.com
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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