Getty Realty (NYSE:GTY) Issues FY 2026 Earnings Guidance

Getty Realty (NYSE:GTYGet 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:GTYGet 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

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 8th. Stockholders of record on Friday, December 26th were issued a dividend of $0.485 per share. The ex-dividend date of this dividend was Friday, December 26th. This represents a $1.94 dividend on an annualized basis and a dividend yield of 6.9%. This is an increase from Getty Realty’s previous quarterly dividend of $0.47. Getty Realty’s payout ratio is presently 151.56%.

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

(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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