Getty Realty (NYSE:GTY) Announces Quarterly Earnings Results, Beats Estimates By $0.29 EPS

Getty Realty (NYSE:GTY) released its earnings results on Wednesday. The real estate investment trust reported $0.63 EPS for the quarter, beating the consensus estimate of $0.34 by $0.29, Zacks reports. Getty Realty had a net margin of 35.72% and a return on equity of 7.86%. The firm had revenue of $57.84 million during the quarter, compared to analysts’ expectations of $58.41 million. During the same period in the prior year, the company earned $0.59 EPS. The business’s quarterly revenue was up 10.5% compared to the same quarter last year. Getty Realty updated its FY 2026 guidance to 2.500-2.52 EPS.

Getty Realty Price Performance

Shares of Getty Realty stock traded down $0.83 during mid-day trading on Wednesday, reaching $33.21. 574,958 shares of the stock were exchanged, compared to its average volume of 376,952. The company has a market cap of $1.99 billion, a price-to-earnings ratio of 24.78, a price-to-earnings-growth ratio of 2.51 and a beta of 0.81. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 0.93. The firm has a 50-day simple moving average of $32.97 and a 200 day simple moving average of $29.91. Getty Realty has a fifty-two week low of $25.39 and a fifty-two week high of $34.72.

Getty Realty Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Thursday, June 25th will be given a dividend of $0.485 per share. The ex-dividend date is Thursday, June 25th. This represents a $1.94 dividend on an annualized basis and a dividend yield of 5.8%. Getty Realty’s dividend payout ratio (DPR) is 144.78%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. Royal Bank Of Canada increased their price objective on shares of Getty Realty from $30.00 to $33.00 and gave the company a “sector perform” rating in a research note on Tuesday, February 17th. Weiss Ratings upgraded shares of Getty Realty from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, April 15th. Finally, UBS Group increased their price objective on shares of Getty Realty from $29.00 to $33.00 and gave the company a “neutral” rating in a research note on Monday, March 9th. Three equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Getty Realty currently has an average rating of “Moderate Buy” and a consensus price target of $32.20.

Trending Headlines about Getty Realty

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

• Positive Sentiment: Raised FY‑2026 earnings guidance sharply (EPS guidance of 2.50–2.52 vs. Street ~1.81), signaling stronger-than-expected profit outlook — a bullish operational catalyst for the stock. Getty Realty Raises 2026 AFFO Guidance on Strong Growth
• Positive Sentiment: Q1 results beat on key metrics: FFO/AFFO and EPS topped consensus, with continued investment activity (invested $30.3M across 29 properties) and a committed pipeline >$125M — supports growth and cash‑flow outlook. Getty Realty Corp. Announces First Quarter 2026 Results
• Positive Sentiment: Declared a regular quarterly cash dividend of $0.485 per share (annualized yield ~5.7%), which supports the stock’s income appeal for REIT investors. Getty Realty Corp. Announces Regular Quarterly Cash Dividend
• Neutral Sentiment: Capital structure actions included a $250M private placement of senior unsecured notes and repayment of the revolver — reduces near‑term liquidity risk but increases long‑term leverage/interest obligations. Getty Realty Corp. Announces First Quarter 2026 Results
• Neutral Sentiment: Top‑line was roughly flat to slightly below some street revenue expectations (minor miss on quarterly revenue), but margin metrics and FFO held up — mixed signal on near‑term operating cadence. Q1 Results Slide Deck / Press Release
• Negative Sentiment: Raised gross proceeds of ~$129.9M from a follow‑on common stock offering tied to forward sales agreements — immediate capital boost but introduces dilution risk that likely pressured the stock despite operational beats. Getty Realty Corp. Announces First Quarter 2026 Results
• Negative Sentiment: Market reaction: shares are trading lower on higher volume — suggests investors are focused on dilution and share issuance risk even as fundamentals improve. (Trading data and intraday volume noted in market summaries.)

Institutional Investors Weigh In On Getty Realty

A number of hedge funds have recently made changes to their positions in the company. State Street Corp increased its position in shares of Getty Realty by 1.5% during the 4th quarter. State Street Corp now owns 4,035,598 shares of the real estate investment trust’s stock worth $112,262,000 after purchasing an additional 60,137 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Getty Realty by 1.9% during the 4th quarter. Geode Capital Management LLC now owns 1,472,865 shares of the real estate investment trust’s stock worth $40,318,000 after purchasing an additional 28,155 shares in the last quarter. Millennium Management LLC increased its position in shares of 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 worth $30,651,000 after purchasing an additional 339,388 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of Getty Realty by 5.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 858,566 shares of the real estate investment trust’s stock worth $23,499,000 after purchasing an additional 47,800 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of Getty Realty by 2.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 762,926 shares of the real estate investment trust’s stock worth $20,881,000 after purchasing an additional 19,698 shares in the last quarter. Institutional investors and hedge funds 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.