Getty Realty (NYSE:GTY) Updates FY 2025 Earnings Guidance

Getty Realty (NYSE:GTY) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 2.400-2.420 for the period, compared to the consensus EPS estimate of 2.420. The company issued revenue guidance of -.

Getty Realty Stock Performance

Shares of GTY stock traded down $0.10 on Tuesday, hitting $29.54. The company’s stock had a trading volume of 352,270 shares, compared to its average volume of 313,727. Getty Realty has a fifty-two week low of $25.70 and a fifty-two week high of $33.85. The company has a debt-to-equity ratio of 0.87, a quick ratio of 2.44 and a current ratio of 2.44. The stock’s 50 day moving average is $31.63 and its 200-day moving average is $30.92. The company has a market capitalization of $1.63 billion, a PE ratio of 25.25 and a beta of 0.93.

Getty Realty (NYSE:GTY) last announced its earnings results on Wednesday, October 23rd. The real estate investment trust reported $0.27 EPS for the quarter, missing the consensus estimate of $0.55 by ($0.28). The business had revenue of $51.47 million for the quarter, compared to the consensus estimate of $49.79 million. Getty Realty had a return on equity of 6.84% and a net margin of 32.97%. During the same period in the prior year, the business posted $0.57 earnings per share. Equities research analysts expect that Getty Realty will post 2.23 earnings per share for the current fiscal year.

Getty Realty Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 9th. Stockholders of record on Thursday, December 26th will be issued a dividend of $0.47 per share. This is a positive change from Getty Realty’s previous quarterly dividend of $0.45. This represents a $1.88 annualized dividend and a dividend yield of 6.36%. The ex-dividend date is Thursday, December 26th. Getty Realty’s dividend payout ratio is 160.68%.

Wall Street Analyst Weigh In

A number of research firms recently commented on GTY. JPMorgan Chase & Co. boosted their price target on Getty Realty from $31.00 to $33.00 and gave the company a “neutral” rating in a research note on Thursday, September 19th. KeyCorp raised shares of Getty Realty from a “sector weight” rating to an “overweight” rating and set a $35.00 price target for the company in a report on Tuesday, December 17th. Finally, Bank of America raised shares of Getty Realty from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $31.00 to $34.00 in a research note on Monday, October 21st. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $33.75.

Getty Realty Company Profile