Getty Realty (NYSE:GTY) Price Target Raised to $39.00 at Citizens Jmp

Getty Realty (NYSE:GTYGet Free Report) had its price target lifted by investment analysts at Citizens Jmp from $35.00 to $39.00 in a research note issued on Thursday,Benzinga reports. The firm presently has a “market outperform” rating on the real estate investment trust’s stock. Citizens Jmp’s price target points to a potential upside of 9.31% from the stock’s current price.

Other equities analysts also recently issued research reports about the stock. Weiss Ratings upgraded shares of Getty Realty from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, May 13th. Royal Bank Of Canada restated a “sector perform” rating and set a $35.00 price target on shares of Getty Realty in a research note on Friday, April 24th. Huntington started coverage on shares of Getty Realty in a research note on Wednesday, July 15th. They issued an “outperform” rating and a $37.00 price objective for the company. KeyCorp boosted their target price on shares of Getty Realty from $33.00 to $36.00 and gave the company an “overweight” rating in a report on Thursday, May 14th. Finally, Citigroup restated an “outperform” rating on shares of Getty Realty in a research report on Thursday. Six equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $34.86.

Get Our Latest Analysis on Getty Realty

Getty Realty Stock Down 0.4%

Shares of NYSE GTY opened at $35.68 on Thursday. 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 has a market capitalization of $2.16 billion, a PE ratio of 23.11, a P/E/G ratio of 3.02 and a beta of 0.72. Getty Realty has a one year low of $25.39 and a one year high of $36.83. The business’s fifty day moving average price is $33.65 and its 200-day moving average price is $32.52.

Getty Realty (NYSE:GTYGet Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The real estate investment trust reported $0.36 earnings per share for the quarter, missing the consensus estimate of $0.37 by ($0.01). Getty Realty had a return on equity of 8.76% and a net margin of 40.06%.The firm had revenue of $59.05 million during the quarter, compared to analysts’ expectations of $58.45 million. Getty Realty’s quarterly revenue was up 10.9% on a year-over-year basis. Getty Realty has set its FY 2026 guidance at 2.520-2.540 EPS. On average, equities research analysts anticipate that Getty Realty will post 2.42 EPS for the current year.

Institutional Trading of Getty Realty

Institutional investors and hedge funds have recently bought and sold shares of the company. Schonfeld Strategic Advisors LLC raised its position in shares of Getty Realty by 2,308.6% in the third quarter. Schonfeld Strategic Advisors LLC now owns 457,536 shares of the real estate investment trust’s stock worth $12,276,000 after buying an additional 438,540 shares in the last quarter. Marshall Wace LLP grew its position in Getty Realty by 164.7% during the 4th quarter. Marshall Wace LLP now owns 637,865 shares of the real estate investment trust’s stock worth $17,458,000 after acquiring an additional 396,897 shares during the last quarter. Heartland Advisors Inc. purchased a new position in Getty Realty in the 1st quarter worth approximately $11,130,000. Millennium Management LLC lifted its position in Getty Realty by 42.3% in the third quarter. Millennium Management LLC now owns 1,142,413 shares of the real estate investment trust’s stock valued at $30,651,000 after purchasing an additional 339,388 shares during the last quarter. Finally, Bank of America Corp DE boosted its stake in shares of Getty Realty by 75.8% during the first quarter. Bank of America Corp DE now owns 780,288 shares of the real estate investment trust’s stock valued at $24,813,000 after purchasing an additional 336,431 shares during the period. 85.11% of the stock is currently owned by hedge funds and other institutional investors.

Key Getty Realty News

Here are the key news stories impacting Getty Realty this week:

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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