Equities analysts expect that Getty Realty Corp. (NYSE:GTY) will report sales of $27.74 million for the current quarter, according to Zacks. Two analysts have provided estimates for Getty Realty’s earnings. The highest sales estimate is $29.02 million and the lowest is $26.46 million. Getty Realty reported sales of $29.72 million during the same quarter last year, which would suggest a negative year-over-year growth rate of 6.7%. The business is scheduled to report its next quarterly earnings results after the market closes on Wednesday, March 7th.
According to Zacks, analysts expect that Getty Realty will report full year sales of $27.74 million for the current fiscal year, with estimates ranging from $100.46 million to $112.91 million. For the next financial year, analysts anticipate that the business will report sales of $113.94 million per share, with estimates ranging from $113.92 million to $113.96 million. Zacks’ sales calculations are an average based on a survey of research firms that follow Getty Realty.
Several brokerages have recently commented on GTY. Zacks Investment Research upgraded shares of Getty Realty from a “sell” rating to a “hold” rating in a report on Tuesday, November 28th. ValuEngine lowered shares of Getty Realty from a “buy” rating to a “hold” rating in a report on Monday, February 5th. Finally, KeyCorp began coverage on shares of Getty Realty in a report on Tuesday, December 12th. They issued a “sector weight” rating on the stock. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company’s stock. Getty Realty currently has a consensus rating of “Hold” and a consensus price target of $28.75.
Getty Realty (GTY) opened at $23.77 on Tuesday. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 0.58. Getty Realty has a fifty-two week low of $22.68 and a fifty-two week high of $29.89. The company has a market cap of $930.83, a P/E ratio of 19.97, a PEG ratio of 5.36 and a beta of 0.46.
TRADEMARK VIOLATION WARNING: This article was first reported by American Banking News and is the property of of American Banking News. If you are viewing this article on another site, it was copied illegally and reposted in violation of US & international copyright & trademark laws. The correct version of this article can be viewed at https://www.americanbankingnews.com/2018/02/13/getty-realty-corp-gty-expected-to-announce-quarterly-sales-of-27-74-million.html.
Getty Realty Company Profile
Getty Realty Corp. is a real estate investment trust (REIT). The Company specializes in the ownership, leasing and financing of convenience store and gasoline station properties. As of June 30, 2017, the Company’s 825 properties were located in 26 states across the United States and Washington, District of Columbia.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Getty Realty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Getty Realty and related companies with MarketBeat.com's FREE daily email newsletter.