Getty Realty (NYSE:GTY) Posts Quarterly Earnings Results

Getty Realty (NYSE:GTY) issued its quarterly earnings results on Wednesday. The real estate investment trust reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of $0.34 by $0.09, Zacks reports. Getty Realty had a return on equity of 7.86% and a net margin of 35.72%.The firm had revenue of $57.84 million for the quarter, compared to analysts’ expectations of $58.41 million. During the same quarter in the prior year, the firm earned $0.59 EPS. The business’s revenue for the quarter was up 10.5% compared to the same quarter last year. Getty Realty updated its FY 2026 guidance to 2.500-2.52 EPS.

Getty Realty Trading Up 1.3%

Getty Realty stock opened at $33.65 on Thursday. Getty Realty has a fifty-two week low of $25.39 and a fifty-two week high of $34.72. The company has a debt-to-equity ratio of 0.93, a quick ratio of 2.20 and a current ratio of 2.20. The firm’s fifty day moving average price is $32.97 and its 200-day moving average price is $29.91. The stock has a market cap of $2.01 billion, a P/E ratio of 25.11, a PEG ratio of 2.51 and a beta of 0.81.

Getty Realty Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Thursday, June 25th will be given a dividend of $0.485 per share. This represents a $1.94 dividend on an annualized basis and a dividend yield of 5.8%. The ex-dividend date is Thursday, June 25th. Getty Realty’s payout ratio is 144.78%.

Key Getty Realty News

Here are the key news stories impacting Getty Realty this week:

• Positive Sentiment: Q1 results beat and management raised full‑year guidance — Getty reported Q1 net EPS of $0.43, FFO of $0.69 and AFFO of $0.63, highlighted year‑over‑year revenue growth and increased FY 2026 EPS guidance to $2.50–2.52 (well above prior consensus), a strong near‑term positive catalyst. GlobeNewswire Q1 Release
• Positive Sentiment: Operational momentum — Company invested $30.3M across 29 properties, extended leases and raised committed pipeline to >$125M, increasing portfolio WALT to >10 years, supporting durable cash flows and growth. GlobeNewswire Q1 Release
• Positive Sentiment: Dividend and yield support income investors — Board declared quarterly cash dividend of $0.485 (annualized yield ~5.8%), reinforcing the REIT’s cash‑return profile. GlobeNewswire Dividend Release
• Neutral Sentiment: FFO/AFFO metrics broadly positive but mixed reads — Q1 FFO/AFFO slightly beat estimates (FFO $0.63–$0.69 per various reports), signaling healthy operating cash flow, while some metrics merit further monitoring. Zacks FFO Coverage
• Neutral Sentiment: Capital raising to fund growth — Getty raised ~$130M via a follow‑on offering and $250M via a private notes placement, then repaid revolver amounts; this improves liquidity for acquisitions but expands share count and leverage considerations. GlobeNewswire Q1 Release
• Neutral Sentiment: Analyst and media coverage — Coverage by Seeking Alpha and earnings transcripts provide additional detail for investors; these are informational but not immediate price drivers. Seeking Alpha: Discount Thesis Seeking Alpha: Q1 Analysis
• Negative Sentiment: Minor top‑line miss and historical EPS comparisons — Q1 revenue ($57.84M) slightly missed consensus (~$58.4M) and GAAP EPS remains below last year’s ($0.43 vs $0.59), which could temper enthusiasm for some investors. Company Press Release / Slides
• Negative Sentiment: Limited near‑term upside implied by some analyst action — Robert W. Baird raised its price target to $34 but kept a “neutral” rating, signaling limited upside from current levels which can cap upside momentum. Benzinga / The Fly note on Baird

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Royal Bank Of Canada lifted their target price on shares of Getty Realty from $30.00 to $33.00 and gave the stock a “sector perform” rating in a research note on Tuesday, February 17th. UBS Group raised their price objective on shares of Getty Realty from $29.00 to $33.00 and gave the stock a “neutral” rating in a report on Monday, March 9th. Weiss Ratings raised shares of Getty Realty from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, April 15th. Finally, Robert W. Baird increased their target price on Getty Realty from $32.00 to $34.00 and gave the stock a “neutral” rating in a research report on Thursday. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, Getty Realty currently has a consensus rating of “Moderate Buy” and an average target price of $32.60.

Institutional Trading of Getty Realty

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Advisors Asset Management Inc. purchased a new position in Getty Realty during the first quarter valued at $31,000. EverSource Wealth Advisors LLC boosted its stake in Getty Realty by 3,996.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,188 shares of the real estate investment trust’s stock worth $33,000 after purchasing an additional 1,159 shares in the last quarter. Advisory Services Network LLC purchased a new stake in Getty Realty during the 3rd quarter valued at about $56,000. CIBC Private Wealth Group LLC purchased a new stake in Getty Realty during the 3rd quarter valued at about $58,000. Finally, State of Wyoming bought a new stake in Getty Realty during the 4th quarter valued at about $65,000. Hedge funds and other institutional investors own 85.11% of the company’s stock.

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.