Getty Realty (NYSE:GTY – Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 2.480-2.500 for the period, compared to the consensus earnings per share estimate of 1.820. The company issued revenue guidance of -.
Wall Street Analysts Forecast Growth
GTY has been the subject of several analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Getty Realty in a report on Wednesday, October 8th. Wall Street Zen raised Getty Realty from a “sell” rating to a “hold” rating in a research note on Saturday, September 13th. Finally, Janney Montgomery Scott initiated coverage on Getty Realty in a report on Thursday, October 16th. They issued a “buy” rating and a $30.00 target price for the company. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $31.80.
Read Our Latest Research Report on Getty Realty
Getty Realty Stock Performance
Getty Realty (NYSE:GTY – Get Free Report) last announced its quarterly earnings results on Wednesday, October 22nd. The real estate investment trust reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.01. Getty Realty had a return on equity of 7.60% and a net margin of 34.76%.The business had revenue of $55.59 million during the quarter, compared to the consensus estimate of $53.19 million. Getty Realty has set its FY 2025 guidance at 2.420-2.430 EPS. Equities analysts forecast that Getty Realty will post 2.29 earnings per share for the current fiscal year.
Getty Realty Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Shareholders of record on Friday, December 26th will be paid a $0.485 dividend. This is a boost from Getty Realty’s previous quarterly dividend of $0.47. The ex-dividend date is Friday, December 26th. This represents a $1.94 dividend on an annualized basis and a yield of 6.8%. Getty Realty’s dividend payout ratio is currently 151.56%.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GTY. Advisors Asset Management Inc. bought a new stake in shares of Getty Realty in the 1st quarter worth approximately $31,000. EverSource Wealth Advisors LLC increased its position in 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 worth $33,000 after buying an additional 1,159 shares during the last quarter. Advisory Services Network LLC bought a new stake in shares of Getty Realty in the third quarter valued at $56,000. CIBC Private Wealth Group LLC bought a new position in shares of Getty Realty during the 3rd quarter worth $58,000. Finally, Tower Research Capital LLC TRC grew its stake in shares of Getty Realty by 143.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 4,901 shares of the real estate investment trust’s stock worth $135,000 after acquiring an additional 2,884 shares during the period. 85.11% of the stock is currently owned by hedge funds and other institutional investors.
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.
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