Getty Realty (NYSE:GTY) Sets New 12-Month High on Analyst Upgrade

Shares of Getty Realty Corporation (NYSE:GTY) hit a new 52-week high on Friday after Robert W. Baird raised their price target on the stock from $32.00 to $34.00. Robert W. Baird currently has a neutral rating on the stock. Getty Realty traded as high as $34.75 and last traded at $33.7380, with a volume of 472206 shares traded. The stock had previously closed at $33.21.

GTY has been the subject of several other reports. Weiss Ratings upgraded Getty Realty from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, April 15th. UBS Group upped their price objective on Getty Realty from $29.00 to $33.00 and gave the stock a “neutral” rating in a research report on Monday, March 9th. Finally, Royal Bank Of Canada upped their target price on Getty Realty from $30.00 to $33.00 and gave the stock a “sector perform” rating in a report on Tuesday, February 17th. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $33.00.

Trending Headlines about Getty Realty

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

• Positive Sentiment: Q1 results beat on key metrics — Getty reported EPS above consensus and FFO of $0.63, topping estimates and rising year-over-year; management reiterated steady growth in an upbeat call. Earnings Highlights
• Positive Sentiment: Company raised 2026 AFFO guidance after strong results, signaling confidence in cash flow delivery for the year. AFFO Guidance
• Positive Sentiment: Management commentary on the earnings call emphasized steady portfolio performance and continued leasing/rent growth in core convenience and auto retail properties. Earnings Call Transcript
• Neutral Sentiment: Analyst reaction mixed — Robert W. Baird bumped its price target to $34 but kept a “neutral” rating, implying limited near-term upside from current levels. Baird Note
• Neutral Sentiment: Multiple earnings writeups and transcripts provide deeper context for the quarter and outlook for long-term AFFO growth; these are useful for investors modeling cash flow but do not change the headline beat/miss picture. Investor Presentation
• Negative Sentiment: Revenue missed consensus slightly and reported EPS was down versus the year-ago quarter (Q1 EPS lower than prior-year Q1), raising some caution about near-term growth trajectory. Revenue / Metrics Analysis
• Negative Sentiment: Stock is trading near its 52-week high, and with only modest upside in recent analyst action and some mixed datapoints, profit-taking or a re-rating could pressure the share price. Earnings Transcript

Institutional Investors Weigh In On Getty Realty

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its position in shares of Getty Realty by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 8,488,950 shares of the real estate investment trust’s stock valued at $232,343,000 after purchasing an additional 102,670 shares in the last quarter. State Street Corp boosted its position in shares of Getty Realty by 1.5% during the 4th quarter. State Street Corp now owns 4,035,598 shares of the real estate investment trust’s stock valued at $112,262,000 after purchasing an additional 60,137 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Getty Realty by 1.9% during the 4th quarter. Geode Capital Management LLC now owns 1,472,865 shares of the real estate investment trust’s stock valued at $40,318,000 after purchasing an additional 28,155 shares in the last quarter. Millennium Management LLC boosted its position in shares of Getty Realty by 42.3% during the 3rd quarter. Millennium Management LLC now owns 1,142,413 shares of the real estate investment trust’s stock valued at $30,651,000 after purchasing an additional 339,388 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position in shares of Getty Realty by 5.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 858,566 shares of the real estate investment trust’s stock valued at $23,499,000 after purchasing an additional 47,800 shares in the last quarter. Institutional investors and hedge funds own 85.11% of the company’s stock.

Getty Realty Trading Down 0.9%

The company has a current ratio of 2.24, a quick ratio of 2.20 and a debt-to-equity ratio of 0.92. The firm has a 50-day moving average of $32.99 and a 200 day moving average of $29.99. The company has a market cap of $2.00 billion, a P/E ratio of 22.00, a price-to-earnings-growth ratio of 2.49 and a beta of 0.81.

Getty Realty (NYSE:GTY) last announced its earnings results on Wednesday, April 22nd. The real estate investment trust reported $0.43 EPS for the quarter, beating the consensus estimate of $0.34 by $0.09. Getty Realty had a return on equity of 8.76% and a net margin of 40.06%.The company had revenue of $57.84 million for the quarter, compared to analyst estimates of $58.41 million. During the same quarter in the prior year, the company earned $0.59 EPS. 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, analysts predict that Getty Realty Corporation will post 2.4 earnings per share for the current fiscal year.

Getty Realty Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Thursday, June 25th will be given a dividend of $0.485 per share. The ex-dividend date is Thursday, June 25th. This represents a $1.94 annualized dividend and a dividend yield of 5.8%. Getty Realty’s dividend payout ratio is presently 144.78%.

Getty Realty Company Profile

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.