Getty Realty (NYSE:GTY) Releases FY 2026 Earnings Guidance

Getty Realty (NYSE:GTY) updated its FY 2026 earnings guidance on Friday. The company provided earnings per share guidance of 2.480-2.500 for the period, compared to the consensus earnings per share estimate of 1.800. The company issued revenue guidance of -.

Getty Realty Price Performance

GTY stock traded up $0.05 during trading on Friday, hitting $32.85. 628,551 shares of the company’s stock traded hands, compared to its average volume of 680,981. The company has a debt-to-equity ratio of 0.93, a quick ratio of 2.20 and a current ratio of 2.20. Getty Realty has a 52 week low of $25.39 and a 52 week high of $34.02. The business has a fifty day simple moving average of $29.94 and a 200 day simple moving average of $28.54. The stock has a market capitalization of $1.96 billion, a price-to-earnings ratio of 24.51, a P/E/G ratio of 2.43 and a beta of 0.84.

Getty Realty (NYSE:GTY) last released its quarterly earnings results on Wednesday, February 11th. The real estate investment trust reported $0.63 EPS for the quarter, topping analysts’ consensus estimates of $0.62 by $0.01. The firm had revenue of $60.55 million during the quarter, compared to analysts’ expectations of $55.94 million. Getty Realty had a net margin of 35.72% and a return on equity of 7.86%. The firm’s quarterly revenue was up 14.2% on a year-over-year basis. As a group, research analysts expect that Getty Realty will post 2.29 EPS for the current fiscal year.

Getty Realty Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 9th. Shareholders of record on Thursday, March 26th will be issued a $0.485 dividend. The ex-dividend date is Thursday, March 26th. This represents a $1.94 dividend on an annualized basis and a yield of 5.9%. Getty Realty’s payout ratio is currently 144.78%.

Wall Street Analysts Forecast Growth

GTY has been the topic of a number of recent analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Getty Realty in a research report on Thursday, January 22nd. Royal Bank Of Canada increased their price target on Getty Realty from $30.00 to $33.00 and gave the company a “sector perform” rating in a research note on Tuesday, February 17th. Two research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $31.60.

Institutional Investors Weigh In On Getty Realty

Several institutional investors and hedge funds have recently added to or reduced their stakes in GTY. State Street Corp grew its holdings in shares of Getty Realty by 1.5% during the fourth quarter. State Street Corp now owns 4,035,598 shares of the real estate investment trust’s stock worth $112,262,000 after buying an additional 60,137 shares in the last quarter. Geode Capital Management LLC boosted its position in Getty Realty by 1.9% during the fourth quarter. Geode Capital Management LLC now owns 1,472,865 shares of the real estate investment trust’s stock worth $40,318,000 after acquiring an additional 28,155 shares during the last quarter. Millennium Management LLC grew its stake in 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 acquiring an additional 339,388 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Getty Realty by 5.9% in 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 acquiring an additional 47,800 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in Getty Realty by 2.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 762,926 shares of the real estate investment trust’s stock valued at $20,881,000 after acquiring an additional 19,698 shares during the last quarter. Hedge funds and other institutional investors own 85.11% of the company’s stock.

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.