Getty Realty Corporation (NYSE:GTY) Receives $34.17 Consensus Target Price from Brokerages

Getty Realty Corporation (NYSE:GTY) has been assigned an average recommendation of “Moderate Buy” from the eight brokerages that are covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $34.1667.

A number of equities analysts have recently commented on the stock. KeyCorp increased their price target on shares of Getty Realty from $33.00 to $36.00 and gave the stock an “overweight” rating in a report on Thursday, May 14th. Robert W. Baird lifted their price objective on shares of Getty Realty from $32.00 to $34.00 and gave the stock a “neutral” rating in a report on Thursday, April 23rd. Huntington began coverage on shares of Getty Realty in a research report on Wednesday, July 15th. They issued an “outperform” rating and a $37.00 target price for the company. Weiss Ratings raised Getty Realty from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, May 13th. Finally, Citigroup restated a “market outperform” rating on shares of Getty Realty in a research report on Friday, June 12th.

Key Stories Impacting Getty Realty

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

• Positive Sentiment: Getty Realty raised its FY 2026 EPS guidance to 2.520-2.540, above the consensus estimate of 2.420, signaling management expects improved performance in the second half of the year. Article Title
• Positive Sentiment: The company also reported strong operating momentum and completed $172 million in year-to-date investment activity, which could support future growth. Article Title
• Neutral Sentiment: The board declared a quarterly dividend of $0.485 per share, reinforcing the stock’s income profile for shareholders. Article Title
• Negative Sentiment: Second-quarter FFO of $0.62 per share missed the Zacks estimate of $0.63, and adjusted earnings also came in slightly below expectations, which likely pressured the stock. Article Title

Institutional Trading of Getty Realty

Hedge funds have recently bought and sold shares of the company. Farther Finance Advisors LLC boosted its holdings in Getty Realty by 26.4% during the 4th quarter. Farther Finance Advisors LLC now owns 1,724 shares of the real estate investment trust’s stock valued at $47,000 after acquiring an additional 360 shares during the period. Oregon Public Employees Retirement Fund increased its stake in Getty Realty by 3.4% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 12,160 shares of the real estate investment trust’s stock worth $333,000 after purchasing an additional 400 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its stake in Getty Realty by 36.2% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,572 shares of the real estate investment trust’s stock worth $43,000 after purchasing an additional 418 shares during the period. Chatham Capital Group Inc. lifted its position in Getty Realty by 0.8% in the fourth quarter. Chatham Capital Group Inc. now owns 60,052 shares of the real estate investment trust’s stock valued at $1,644,000 after purchasing an additional 465 shares during the last quarter. Finally, The Manufacturers Life Insurance Company boosted its stake in shares of Getty Realty by 2.2% during the second quarter. The Manufacturers Life Insurance Company now owns 25,441 shares of the real estate investment trust’s stock valued at $703,000 after purchasing an additional 548 shares during the period. Institutional investors own 85.11% of the company’s stock.

Getty Realty Stock Down 2.0%

Shares of NYSE GTY opened at $35.88 on Friday. Getty Realty has a 12 month low of $25.39 and a 12 month high of $36.83. The company has a current ratio of 2.24, a quick ratio of 2.24 and a debt-to-equity ratio of 0.92. The firm has a market capitalization of $2.17 billion, a price-to-earnings ratio of 23.60, a PEG ratio of 3.02 and a beta of 0.72. The business has a 50-day moving average of $33.65 and a 200-day moving average of $32.52.

Getty Realty (NYSE:GTY) last posted its quarterly earnings data on Wednesday, April 22nd. The real estate investment trust reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.09. Getty Realty had a net margin of 40.06% and a return on equity of 8.76%. The company had revenue of $57.84 million for the quarter, compared to analysts’ expectations of $58.41 million. During the same period in the prior year, the business earned $0.59 earnings per share. Getty Realty’s revenue for the quarter was up 10.5% compared to the same quarter last year. Sell-side analysts expect that Getty Realty will post 2.42 earnings per share for the current fiscal year.

Getty Realty Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 8th. Stockholders of record on Thursday, September 24th will be given a dividend of $0.485 per share. The ex-dividend date is Thursday, September 24th. This represents a $1.94 annualized dividend and a dividend yield of 5.4%. Getty Realty’s dividend payout ratio is 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.