Getty Realty (NYSE:GTY) Releases Earnings Results, Misses Expectations By $0.01 EPS

Getty Realty (NYSE:GTYGet Free Report) issued its earnings results on Wednesday. The real estate investment trust reported $0.36 EPS for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.01), FiscalAI reports. Getty Realty had a net margin of 42.74% and a return on equity of 9.41%. The firm had revenue of $59.05 million during the quarter, compared to analysts’ expectations of $58.45 million. The company’s quarterly revenue was up 10.9% compared to the same quarter last year. Getty Realty updated its FY 2026 guidance to 2.520-2.540 EPS.

Getty Realty Stock Down 3.1%

GTY stock opened at $34.69 on Friday. The firm has a market cap of $2.10 billion, a PE ratio of 21.15, a P/E/G ratio of 2.95 and a beta of 0.72. The company has a debt-to-equity ratio of 0.92, a quick ratio of 2.24 and a current ratio of 2.24. The firm’s fifty day moving average is $33.69 and its 200 day moving average is $32.57. Getty Realty has a one year low of $25.39 and a one year high of $36.83.

Getty Realty Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 8th. Investors of record on Thursday, September 24th will be given a dividend of $0.485 per share. This represents a $1.94 annualized dividend and a yield of 5.6%. The ex-dividend date is Thursday, September 24th. Getty Realty’s dividend payout ratio (DPR) is currently 127.63%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Maryland State Retirement & Pension System purchased a new stake in shares of Getty Realty in the fourth quarter valued at approximately $216,000. Captrust Financial Advisors purchased a new position in shares of Getty Realty during the 4th quarter valued at approximately $232,000. Kestra Advisory Services LLC purchased a new position in shares of Getty Realty during the 4th quarter valued at approximately $180,000. Advisors Asset Management Inc. grew its stake in Getty Realty by 61.7% in the 4th quarter. Advisors Asset Management Inc. now owns 5,339 shares of the real estate investment trust’s stock valued at $146,000 after acquiring an additional 2,038 shares during the period. Finally, M&G PLC acquired a new stake in Getty Realty in the 4th quarter valued at $227,000. Institutional investors and hedge funds own 85.11% of the company’s stock.

Key Stories Impacting Getty Realty

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

Analyst Ratings Changes

Several analysts have commented on 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. Citigroup restated an “outperform” rating on shares of Getty Realty in a research report on Thursday. Robert W. Baird upped their price target on shares of Getty Realty from $34.00 to $36.00 and gave the company a “neutral” rating in a report on Thursday. Huntington started coverage on Getty Realty in a research report on Wednesday, July 15th. They set an “outperform” rating and a $37.00 price target on the stock. Finally, Citizens Jmp lifted their price objective on Getty Realty from $35.00 to $39.00 and gave the company a “market outperform” rating in a research note on Thursday. Six analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, Getty Realty has an average rating of “Moderate Buy” and an average price target of $35.14.

Check Out Our Latest Stock Report on GTY

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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Earnings History for Getty Realty (NYSE:GTY)

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