Getty Realty (GTY) Scheduled to Post Earnings on Thursday

Getty Realty (NYSE:GTY) will release its earnings data after the market closes on Thursday, April 25th. Analysts expect Getty Realty to post earnings of $0.56 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Getty Realty (NYSE:GTY) last issued its quarterly earnings data on Wednesday, February 14th. The real estate investment trust reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.57 by ($0.27). The firm had revenue of $45.62 million for the quarter, compared to analysts’ expectations of $47.19 million. Getty Realty had a return on equity of 6.72% and a net margin of 32.37%. On average, analysts expect Getty Realty to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Getty Realty Stock Up 1.0 %

Shares of GTY opened at $27.25 on Tuesday. The stock has a market capitalization of $1.47 billion, a price-to-earnings ratio of 23.70 and a beta of 0.89. Getty Realty has a 1 year low of $25.90 and a 1 year high of $35.56. The business’s 50 day simple moving average is $26.89 and its 200-day simple moving average is $27.82. The company has a debt-to-equity ratio of 0.79, a current ratio of 3.73 and a quick ratio of 3.73.

Getty Realty Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 11th. Investors of record on Thursday, March 28th were issued a dividend of $0.45 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $1.80 annualized dividend and a yield of 6.61%. Getty Realty’s payout ratio is presently 156.52%.

Analysts Set New Price Targets

Several research firms recently weighed in on GTY. StockNews.com upgraded Getty Realty from a “sell” rating to a “hold” rating in a report on Monday. JMP Securities restated a “market outperform” rating and set a $33.00 price target on shares of Getty Realty in a report on Monday, March 25th.

Getty Realty Company Profile