Getty Realty (NYSE:GTY – Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 2.480-2.500 for the period, compared to the consensus earnings per share estimate of 1.820. The company issued revenue guidance of -.
Getty Realty Price Performance
GTY stock opened at $28.26 on Friday. The firm has a 50 day moving average of $28.01 and a 200-day moving average of $27.79. The company has a current ratio of 2.00, a quick ratio of 2.00 and a debt-to-equity ratio of 0.93. The firm has a market capitalization of $1.63 billion, a P/E ratio of 22.08, a price-to-earnings-growth ratio of 2.40 and a beta of 0.85. Getty Realty has a 12 month low of $25.39 and a 12 month high of $32.17.
Getty Realty (NYSE:GTY – Get Free Report) last released its quarterly earnings results on Wednesday, October 22nd. The real estate investment trust reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.01. The firm had revenue of $55.59 million for the quarter, compared to analysts’ expectations of $53.19 million. Getty Realty had a net margin of 34.76% and a return on equity of 7.60%. Getty Realty has set its FY 2025 guidance at 2.420-2.430 EPS. As a group, sell-side analysts predict that Getty Realty will post 2.29 earnings per share for the current fiscal year.
Getty Realty Increases Dividend
Wall Street Analysts Forecast Growth
Several equities research analysts have issued reports on GTY shares. Janney Montgomery Scott began coverage on Getty Realty in a research note on Thursday, October 16th. They set a “buy” rating and a $30.00 price target for the company. Wall Street Zen raised shares of Getty Realty from a “sell” rating to a “hold” rating in a research note on Saturday, September 13th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Getty Realty in a research report on Wednesday, October 8th. Two investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Getty Realty has a consensus rating of “Hold” and a consensus price target of $31.25.
Check Out Our Latest Stock Analysis on GTY
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of GTY. Invesco Ltd. increased its stake in shares of Getty Realty by 11.3% during the third quarter. Invesco Ltd. now owns 569,024 shares of the real estate investment trust’s stock valued at $15,267,000 after buying an additional 57,548 shares during the period. Van ECK Associates Corp lifted its stake in Getty Realty by 13.1% in the third quarter. Van ECK Associates Corp now owns 12,911 shares of the real estate investment trust’s stock worth $346,000 after acquiring an additional 1,495 shares during the period. Swiss National Bank boosted its holdings in Getty Realty by 2.3% in the third quarter. Swiss National Bank now owns 102,109 shares of the real estate investment trust’s stock valued at $2,740,000 after acquiring an additional 2,300 shares in the last quarter. Engineers Gate Manager LP purchased a new position in Getty Realty during the 2nd quarter valued at $560,000. Finally, Bank of America Corp DE raised its holdings in Getty Realty by 4.1% in the 2nd quarter. Bank of America Corp DE now owns 267,389 shares of the real estate investment trust’s stock worth $7,391,000 after purchasing an additional 10,494 shares in the last quarter. Hedge funds and other institutional investors own 85.11% of the company’s stock.
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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