Getty Realty (NYSE:GTY) Price Target Raised to $39.00

Getty Realty (NYSE:GTY) had its price target lifted by Citizens Jmp from $35.00 to $39.00 in a research note published on Thursday,Benzinga reports. The brokerage currently has a market outperform rating on the real estate investment trust’s stock.

Several other brokerages also recently weighed in on GTY. KeyCorp raised their price target on shares of Getty Realty from $33.00 to $36.00 and gave the company an “overweight” rating in a research report on Thursday, May 14th. Robert W. Baird increased their target price on Getty Realty from $32.00 to $34.00 and gave the company a “neutral” rating in a research note on Thursday, April 23rd. Weiss Ratings upgraded Getty Realty from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, May 13th. Huntington started coverage on Getty Realty in a report on Wednesday, July 15th. They issued an “outperform” rating and a $37.00 target price for the company. Finally, Royal Bank Of Canada restated a “sector perform” rating and issued a $35.00 price target on shares of Getty Realty in a research note on Friday, April 24th. Six investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Getty Realty currently has an average rating of “Moderate Buy” and an average target price of $35.29.

Getty Realty Stock Up 0.1%

NYSE:GTY opened at $34.74 on Thursday. The company has a debt-to-equity ratio of 0.95, a quick ratio of 2.24 and a current ratio of 2.26. The firm has a market cap of $2.10 billion, a P/E ratio of 21.19, a P/E/G ratio of 2.87 and a beta of 0.72. Getty Realty has a fifty-two week low of $25.39 and a fifty-two week high of $36.83. The firm has a 50-day simple moving average of $33.73 and a two-hundred day simple moving average of $32.58.

Getty Realty (NYSE:GTY) last issued its earnings results on Wednesday, July 22nd. The real estate investment trust reported $0.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by ($0.01). The firm had revenue of $59.05 million during the quarter, compared to the consensus estimate of $58.45 million. Getty Realty had a return on equity of 9.27% and a net margin of 42.74%.The company’s revenue was up 10.9% compared to the same quarter last year. Getty Realty has set its FY 2026 guidance at 2.520-2.540 EPS. Analysts predict that Getty Realty will post 2.42 earnings per share for the current fiscal year.

Getty Realty Dividend Announcement

The business also recently declared 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 5.6%. The ex-dividend date of this dividend is Thursday, September 24th. Getty Realty’s dividend payout ratio (DPR) is presently 118.29%.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in GTY. Farther Finance Advisors LLC lifted its position in Getty Realty by 26.4% during the fourth quarter. Farther Finance Advisors LLC now owns 1,724 shares of the real estate investment trust’s stock valued at $47,000 after purchasing an additional 360 shares during the period. Oregon Public Employees Retirement Fund boosted its holdings in Getty Realty by 3.4% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 12,160 shares of the real estate investment trust’s stock worth $333,000 after purchasing an additional 400 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in Getty Realty by 36.2% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,572 shares of the real estate investment trust’s stock worth $43,000 after purchasing an additional 418 shares during the period. Chatham Capital Group Inc. grew its position in Getty Realty by 0.8% in the 4th quarter. Chatham Capital Group Inc. now owns 60,052 shares of the real estate investment trust’s stock worth $1,644,000 after purchasing an additional 465 shares during the period. Finally, The Manufacturers Life Insurance Company raised its stake in Getty Realty by 2.2% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 25,441 shares of the real estate investment trust’s stock valued at $703,000 after buying an additional 548 shares during the last quarter. 85.11% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Getty Realty

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

• Positive Sentiment: Royal Bank of Canada raised its price target on Getty Realty to $36 from $35, keeping a “sector perform” rating and implying modest upside from current levels. Benzinga
• Positive Sentiment: Robert W. Baird also lifted its target to $36 from $34, while Citizens JMP turned more bullish and increased its target to $39 with a “market outperform” rating, signaling stronger confidence in the stock’s valuation and growth outlook. Benzinga
• Positive Sentiment: Post-earnings coverage highlighted steady, profitable growth and “low-drama” execution, suggesting investors are focusing on Getty Realty’s stable REIT profile and resilient operating trend. Yahoo Finance
• Neutral Sentiment: Getty Realty’s Q2 2026 earnings showed revenue above expectations, but earnings per share and FFO came in slightly below consensus, creating a mixed fundamental picture. Zacks
• Neutral Sentiment: Brokerage consensus remains cautious overall, with one recent note citing an average target near $34.17, suggesting analysts see limited near-term re-rating despite the positive revisions. Tickerreport.com

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.