Getty Realty (NYSE:GTY – Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 2.500-2.52 for the period, compared to the consensus EPS estimate of 1.810. The company issued revenue guidance of -.
Analysts Set New Price Targets
A number of research firms recently weighed in on GTY. UBS Group raised their price target on shares of Getty Realty from $29.00 to $33.00 and gave the company a “neutral” rating in a research report on Monday, March 9th. Robert W. Baird upped their price objective on Getty Realty from $32.00 to $34.00 and gave the company a “neutral” rating in a research note on Thursday. Royal Bank Of Canada boosted their price target on shares of Getty Realty from $30.00 to $33.00 and gave the stock a “sector perform” rating in a report on Tuesday, February 17th. Finally, Weiss Ratings upgraded shares of Getty Realty from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, April 15th. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $32.60.
Get Our Latest Stock Analysis on Getty Realty
Getty Realty Trading Up 1.6%
Getty Realty (NYSE:GTY – Get Free Report) last posted its quarterly earnings results on Wednesday, April 22nd. The real estate investment trust reported $0.43 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.09. The firm had revenue of $57.84 million during the quarter, compared to analyst estimates of $58.41 million. Getty Realty had a return on equity of 8.90% and a net margin of 40.06%.The business’s revenue for the quarter was up 10.5% on a year-over-year basis. During the same period last year, the company earned $0.59 earnings per share. Getty Realty has set its FY 2026 guidance at 2.500-2.52 EPS. As a group, analysts anticipate that Getty Realty will post 2.4 earnings per share for the current year.
Getty Realty Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders of record on Thursday, June 25th will be paid a $0.485 dividend. The ex-dividend date is Thursday, June 25th. This represents a $1.94 annualized dividend and a yield of 5.8%. Getty Realty’s dividend payout ratio (DPR) is currently 144.78%.
More Getty Realty News
Here are the key news stories impacting Getty Realty this week:
- Positive Sentiment: Q1 earnings beat and strong operating metrics — GAAP EPS $0.43 vs. consensus $0.34; revenue +10.5% YoY; management highlighted portfolio lease extensions and longer WALT, supporting cash flow stability. GlobeNewswire: Getty Realty Corp. Announces First-Quarter 2026 Results
- Positive Sentiment: Management raised 2026 EPS guidance to $2.50–$2.52 (vs. consensus ~$1.81), a meaningful upward revision that likely drove investor optimism. FY2026 Guidance (Slide Deck)
- Positive Sentiment: FFO/AFFO outperformed estimates — Q1 FFO $0.69 and AFFO $0.63, both up vs. prior year, supporting dividend coverage and REIT valuation. Zacks: Getty Realty (GTY) Q1 FFO Top Estimates
- Positive Sentiment: Balance-sheet & growth financing — raised ~$130M via follow-on equity and $250M via private notes, used to repay revolver and fund a >$125M committed pipeline (29 properties invested in Q1). That provides dry powder for accretive acquisitions/developments. GlobeNewswire: Getty Realty Corp. Announces First-Quarter 2026 Results
- Neutral Sentiment: Analyst note: Robert W. Baird raised its price target to $34 and maintained a Neutral rating, suggesting limited near-term upside per that shop. Benzinga: Baird Raises PT
- Neutral Sentiment: Industry/coverage pieces emphasize Getty as a high-quality, steady-growth net-lease REIT that still may trade at a relative discount; these narratives support longer-term interest but aren’t immediate catalysts. Seeking Alpha: High-Quality REIT Still Trading At A Discount
- Negative Sentiment: Revenue narrowly missed consensus ($57.84M vs. $58.41M) and Q1 GAAP EPS is lower than the prior-year quarter, which could concern some investors focused on top-line momentum. MarketBeat: Getty Realty Q1 Results
- Negative Sentiment: Capital raises add potential dilution (equity offering) and increase leverage (senior notes); investors should watch how acquisition yields and interest costs affect AFFO and coverage over the next quarters. GlobeNewswire: Financing Details
Hedge Funds Weigh In On Getty Realty
A number of large investors have recently modified their holdings of the company. M&G PLC purchased a new stake in Getty Realty in the 4th quarter worth approximately $227,000. Maryland State Retirement & Pension System purchased a new position in shares of Getty Realty during the 4th quarter valued at $216,000. CIBC Bancorp USA Inc. purchased a new position in shares of Getty Realty during the 3rd quarter valued at $209,000. Kestra Advisory Services LLC bought a new position in shares of Getty Realty in the fourth quarter worth $180,000. Finally, Virtus Investment Advisers LLC bought a new position in shares of Getty Realty in the fourth quarter worth $158,000. 85.11% of the stock is currently 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.
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