Getty Realty (NYSE:GTY) Releases Earnings Results

Getty Realty (NYSE:GTYGet Free Report) posted its quarterly earnings results 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 the consensus estimate of $58.45 million. Getty Realty had a return on equity of 8.76% and a net margin of 40.06%. Getty Realty updated its FY 2026 guidance to 2.520-2.540 EPS.

Getty Realty Price Performance

Shares of GTY stock traded down $0.73 during trading hours on Wednesday, hitting $35.88. The stock had a trading volume of 809,883 shares, compared to its average volume of 505,961. Getty Realty has a one year low of $25.39 and a one year high of $36.83. The company has a debt-to-equity ratio of 0.92, a current ratio of 2.24 and a quick ratio of 2.24. The stock’s 50-day moving average price is $33.58 and its two-hundred day moving average price is $32.46. The stock has a market capitalization of $2.17 billion, a price-to-earnings ratio of 23.60, a PEG ratio of 2.98 and a beta of 0.72.

Getty Realty Dividend Announcement

The company also recently disclosed 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 is Thursday, September 24th. This represents a $1.94 dividend on an annualized basis and a dividend yield of 5.4%. Getty Realty’s dividend payout ratio (DPR) is presently 127.63%.

Institutional Trading of Getty Realty

Large investors have recently added to or reduced their stakes in the company. Advisors Asset Management Inc. purchased a new stake in shares of Getty Realty during the 1st quarter worth approximately $31,000. EverSource Wealth Advisors LLC increased its position in Getty Realty by 3,996.6% in the second 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 during the last quarter. Advisory Services Network LLC bought a new position in Getty Realty during the third quarter valued at $56,000. CIBC Private Wealth Group LLC purchased a new position in shares of Getty Realty in the 3rd quarter worth $58,000. Finally, State of Wyoming bought a new stake in shares of Getty Realty in the 4th quarter worth about $65,000. Institutional investors own 85.11% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on GTY. Citigroup reaffirmed a “market outperform” rating on shares of Getty Realty in a report on Friday, June 12th. Robert W. Baird raised their price target on Getty Realty from $32.00 to $34.00 and gave the company a “neutral” rating in a report on Thursday, April 23rd. KeyCorp boosted their price objective on Getty Realty from $33.00 to $36.00 and gave the company an “overweight” rating in a research report on Thursday, May 14th. Weiss Ratings upgraded Getty Realty from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, May 13th. Finally, Huntington initiated coverage on Getty Realty in a research note on Wednesday, July 15th. They set an “outperform” rating and a $37.00 target price on the stock. Five research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $34.17.

Get Our Latest Research Report on GTY

Getty Realty Company Profile

(Get Free Report)

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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Earnings History for Getty Realty (NYSE:GTY)

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