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

Getty Realty (NYSE:GTY) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided earnings per share guidance of 2.480-2.500 for the period, compared to the consensus earnings per share estimate of 1.800. The company issued revenue guidance of -.

Analyst Ratings Changes

A number of equities research analysts have issued reports on GTY shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Getty Realty in a research report on Thursday, January 22nd. Royal Bank Of Canada increased their price objective on Getty Realty from $30.00 to $33.00 and gave the stock a “sector perform” rating in a report on Tuesday, February 17th. Two analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, Getty Realty currently has an average rating of “Hold” and an average price target of $31.60.

Getty Realty Stock Performance

GTY stock traded up $0.15 during midday trading on Friday, hitting $32.95. 282,677 shares of the company traded hands, compared to its average volume of 579,505. Getty Realty has a twelve month low of $25.39 and a twelve month high of $34.02. The stock has a market capitalization of $1.97 billion, a price-to-earnings ratio of 24.59, a price-to-earnings-growth ratio of 2.43 and a beta of 0.84. The company has a quick ratio of 2.20, a current ratio of 2.20 and a debt-to-equity ratio of 0.93. The business has a 50 day simple moving average of $29.84 and a 200-day simple moving average of $28.51.

Getty Realty (NYSE:GTY) last posted its earnings results on Wednesday, February 11th. The real estate investment trust reported $0.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.62 by $0.01. The business had revenue of $60.55 million for the quarter, compared to analyst estimates of $55.94 million. Getty Realty had a net margin of 35.72% and a return on equity of 7.86%. Getty Realty’s revenue was up 14.2% compared to the same quarter last year. As a group, equities research analysts predict that Getty Realty will post 2.29 earnings per share for the current year.

Getty Realty Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 9th. Stockholders of record on Thursday, March 26th will be paid a $0.485 dividend. The ex-dividend date is Thursday, March 26th. This represents a $1.94 dividend on an annualized basis and a dividend yield of 5.9%. Getty Realty’s payout ratio is presently 144.78%.

Institutional Investors Weigh In On Getty Realty

Several hedge funds have recently modified their holdings of the business. State Street Corp raised its position in Getty Realty by 1.5% in the fourth quarter. State Street Corp now owns 4,035,598 shares of the real estate investment trust’s stock worth $112,262,000 after purchasing an additional 60,137 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Getty Realty by 1.9% during the 4th quarter. Geode Capital Management LLC now owns 1,472,865 shares of the real estate investment trust’s stock worth $40,318,000 after buying an additional 28,155 shares during the period. Millennium Management LLC boosted its stake in Getty Realty by 42.3% in the 3rd quarter. Millennium Management LLC now owns 1,142,413 shares of the real estate investment trust’s stock valued at $30,651,000 after buying an additional 339,388 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in Getty Realty by 5.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 858,566 shares of the real estate investment trust’s stock valued at $23,499,000 after acquiring an additional 47,800 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in Getty Realty by 2.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 762,926 shares of the real estate investment trust’s stock worth $20,881,000 after acquiring an additional 19,698 shares in the last quarter. 85.11% of the stock is owned by institutional investors.

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.