Getty Realty (NYSE:GTY – Get 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%
Getty Realty (NYSE:GTY – Get 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:
- Positive Sentiment: Getty Realty boosted its FY 2026 EPS guidance to $2.52-$2.54, above Wall Street’s $2.42 estimate, signaling management expects stronger profitability in the back half of the year. Getty Realty Corp. Announces Second Quarter 2026 Results
- Positive Sentiment: The company also reported Q2 revenue of $59.05 million, topping expectations and rising 10.9% year over year, showing continued operating momentum. Getty Realty earnings details
- Positive Sentiment: Getty Realty announced a regular quarterly dividend of $0.485 per share, reinforcing its income appeal for REIT investors with an annualized yield around 5.4%. Getty Realty Corp. Announces Regular Quarterly Cash Dividend
- Neutral Sentiment: Several commentary pieces highlighted Getty Realty as a high-quality, low-drama REIT with steady growth and ongoing investment activity, which supports the long-term thesis but does not materially change fundamentals. Getty Realty’s Low Drama Growth Continues In Q2
- Neutral Sentiment: Brokerage target-price coverage was lifted to a $34.17 consensus, but that level remains below the current trading range, suggesting analysts see fair value rather than a major new catalyst. Getty Realty Corporation Receives $34.17 Consensus Target Price from Brokerages
- Negative Sentiment: Q2 funds from operations came in slightly below expectations at $0.62 per share versus $0.63 estimated, and EPS also missed by a penny, which may cap enthusiasm somewhat. Getty Realty (GTY) Lags Q2 FFO and Revenue Estimates
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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