Getty Realty Corporation (NYSE:GTY) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Getty Realty Corporation (NYSE:GTY) have received a consensus recommendation of “Moderate Buy” from the six research firms that are currently covering the company, MarketBeat.com reports. Three investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $33.60.

GTY has been the subject of a number of analyst reports. Robert W. Baird raised their price target on shares of Getty Realty from $32.00 to $34.00 and gave the stock a “neutral” rating in a research note on Thursday, April 23rd. KeyCorp raised their price target on shares of Getty Realty from $33.00 to $36.00 and gave the stock an “overweight” rating in a research note on Thursday, May 14th. 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. 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. Finally, UBS Group raised their price target on shares of Getty Realty from $29.00 to $33.00 and gave the stock a “neutral” rating in a research note on Monday, March 9th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Advisors Asset Management Inc. bought a new position in shares of Getty Realty in the first quarter valued at approximately $31,000. Aster Capital Management DIFC Ltd bought a new position in shares of Getty Realty in the third quarter valued at approximately $27,000. Newbridge Financial Services Group Inc. bought a new position in shares of Getty Realty in the fourth quarter valued at approximately $29,000. EverSource Wealth Advisors LLC raised its stake in shares of Getty Realty by 3,996.6% in the second quarter. EverSource Wealth Advisors LLC now owns 1,188 shares of the real estate investment trust’s stock valued at $33,000 after acquiring an additional 1,159 shares during the last quarter. Finally, Avalon Trust Co bought a new position in shares of Getty Realty in the first quarter valued at approximately $38,000. Institutional investors own 85.11% of the company’s stock.

Getty Realty Stock Down 0.9%

GTY stock opened at $32.81 on Friday. Getty Realty has a twelve month low of $25.39 and a twelve month high of $34.75. The company has a market cap of $1.98 billion, a PE ratio of 21.58, a price-to-earnings-growth ratio of 2.76 and a beta of 0.75. The business’s 50-day simple moving average is $33.04 and its 200 day simple moving average is $30.95. The company has a quick ratio of 2.24, a current ratio of 2.24 and a debt-to-equity ratio of 0.92.

Getty Realty (NYSE:GTY) last released its earnings results on Wednesday, April 22nd. The real estate investment trust reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.34 by $0.09. Getty Realty had a return on equity of 8.76% and a net margin of 40.06%.The business had revenue of $57.84 million for the quarter, compared to the consensus estimate of $58.41 million. During the same period last year, the business earned $0.59 earnings per share. The firm’s revenue for the quarter was up 10.5% compared to the same quarter last year. Getty Realty has set its FY 2026 guidance at 2.500-2.52 EPS. On average, research analysts anticipate that Getty Realty will post 2.4 earnings per share for the current year.

Getty Realty Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders of record on Thursday, June 25th will be paid a dividend of $0.485 per share. The ex-dividend date is Thursday, June 25th. This represents a $1.94 dividend on an annualized basis and a yield of 5.9%. Getty Realty’s dividend payout ratio (DPR) is currently 127.63%.

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.