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

Getty Realty (NYSE:GTYGet Free Report) updated its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 2.520-2.540 for the period, compared to the consensus earnings per share estimate of 2.420. The company issued revenue guidance of -.

Getty Realty Trading Down 2.0%

NYSE GTY opened at $35.88 on Thursday. The company has a quick ratio of 2.24, a current ratio of 2.24 and a debt-to-equity ratio of 0.92. Getty Realty has a 52 week low of $25.39 and a 52 week high of $36.83. The business has a 50 day moving average price of $33.65 and a 200-day moving average price of $32.52. The company has a market cap of $2.17 billion, a price-to-earnings ratio of 23.60, a P/E/G ratio of 3.02 and a beta of 0.72.

Getty Realty (NYSE:GTYGet Free Report) last posted its quarterly earnings results on Wednesday, April 22nd. The real estate investment trust reported $0.43 earnings per share (EPS) for the quarter, beating 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 business had revenue of $57.84 million during the quarter, compared to the consensus estimate of $58.41 million. During the same quarter last year, the firm posted $0.59 EPS. Getty Realty’s revenue was up 10.5% compared to the same quarter last year. As a group, equities analysts expect that Getty Realty will post 2.42 earnings per share for the current fiscal year.

Getty Realty Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 8th. Stockholders of record on Thursday, September 24th will be issued a dividend of $0.485 per share. This represents a $1.94 dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date is Thursday, September 24th. Getty Realty’s dividend payout ratio (DPR) is currently 127.63%.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on GTY. Citigroup restated an “outperform” rating on shares of Getty Realty in a report on Thursday. Robert W. Baird lifted their price target on Getty Realty from $32.00 to $34.00 and gave the company a “neutral” rating in a research note on Thursday, April 23rd. KeyCorp boosted their price objective on Getty Realty from $33.00 to $36.00 and gave the stock an “overweight” rating in a report on Thursday, May 14th. Huntington began coverage on Getty Realty in a report on Wednesday, July 15th. They issued an “outperform” rating and a $37.00 target price on the stock. Finally, Weiss Ratings raised Getty Realty from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, May 13th. Five equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $34.17.

Get Our Latest Stock Report on Getty Realty

Getty Realty News Roundup

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

Hedge Funds Weigh In On Getty Realty

A number of hedge funds and other institutional investors have recently made changes to their positions in GTY. Advisors Asset Management Inc. bought a new stake in Getty Realty in the first quarter worth about $31,000. EverSource Wealth Advisors LLC grew its position in shares of Getty Realty by 3,996.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,188 shares of the real estate investment trust’s stock valued at $33,000 after acquiring an additional 1,159 shares during the period. Advisory Services Network LLC purchased a new stake in shares of Getty Realty during the 3rd quarter worth approximately $56,000. CIBC Private Wealth Group LLC bought a new stake in shares of Getty Realty in the 3rd quarter worth approximately $58,000. Finally, State of Wyoming bought a new stake in shares of Getty Realty in the 4th quarter worth approximately $65,000. 85.11% of the stock is owned by hedge funds and other institutional investors.

About Getty Realty

(Get Free Report)

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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