Getty Realty (NYSE:GTY – Get Free Report) announced its quarterly earnings data on Wednesday. The real estate investment trust reported $0.43 earnings per share for the quarter, beating analysts’ consensus estimates of $0.34 by $0.09, Zacks reports. The business had revenue of $57.84 million during the quarter, compared to the consensus estimate of $58.41 million. Getty Realty had a net margin of 35.72% and a return on equity of 7.86%. The company’s revenue for the quarter was up 10.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.59 EPS. Getty Realty updated its FY 2026 guidance to 2.500-2.52 EPS.
Getty Realty Price Performance
GTY stock opened at $33.21 on Thursday. Getty Realty has a one year low of $25.39 and a one year high of $34.72. The firm has a 50-day moving average of $32.97 and a two-hundred day moving average of $29.91. The firm has a market capitalization of $1.99 billion, a PE ratio of 24.78, a P/E/G 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.
Getty Realty Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Thursday, June 25th will be paid a $0.485 dividend. The ex-dividend date of this dividend is Thursday, June 25th. This represents a $1.94 dividend on an annualized basis and a yield of 5.8%. Getty Realty’s dividend payout ratio (DPR) is currently 144.78%.
Institutional Investors Weigh In On Getty Realty
Analyst Ratings Changes
Several equities research analysts have weighed in on the company. Royal Bank Of Canada upped their target price on shares of Getty Realty from $30.00 to $33.00 and gave the stock a “sector perform” rating in a research report on Tuesday, February 17th. UBS Group boosted their price objective on Getty Realty from $29.00 to $33.00 and gave the stock a “neutral” rating in a research report on Monday, March 9th. Robert W. Baird increased their price objective on Getty Realty from $32.00 to $34.00 and gave the stock a “neutral” rating in a report on Thursday. Finally, Weiss Ratings raised Getty Realty from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, April 15th. Three investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, Getty Realty presently has a consensus rating of “Moderate Buy” and a consensus price target of $32.60.
Get Our Latest Stock Analysis on Getty Realty
Key Headlines Impacting Getty Realty
Here are the key news stories impacting Getty Realty this week:
- Positive Sentiment: Q1 results and operating beats — Getty reported FFO of $0.69, AFFO $0.63 and net earnings $0.43 per share for Q1, with revenue up year-over-year and FFO/AFFO beating consensus. Management highlighted portfolio lease extensions and an increase in weighted average lease term. GlobeNewswire Q1 Release
- Positive Sentiment: Guidance raised — Getty materially increased FY 2026 EPS/AFFO guidance (FY EPS guidance reported ~2.50–2.52 vs. prior consensus ~1.81), signaling stronger expected earnings power for the year. TipRanks Guidance Note
- Positive Sentiment: Capital deployment and pipeline — Invested $30.3M in 29 properties at ~8.0% initial cash yield and reported a committed pipeline >$125M for development/acquisitions, supporting future cash flow growth. GlobeNewswire Q1 Release
- Positive Sentiment: Dividend maintained/increased yield support — Board declared a quarterly cash dividend of $0.485 (annualized yield ~5.7%), which supports income-oriented investor demand. Dividend Release
- Positive Sentiment: Balance sheet actions to fund growth — Company raised $129.9M from a follow-on equity sale and $250M from a private placement of senior notes and used proceeds to repay revolver — increases capacity to execute pipeline and reduce short-term borrowings. Capital Raise / Use of Proceeds
- Neutral Sentiment: Analyst commentary and deeper reads — Several outlets released Q1 previews, transcripts and metric breakdowns (Seeking Alpha, Yahoo Finance transcripts, Zacks) that provide detail for investors assessing same-store trends, lease expiries and tenant mix. Seeking Alpha Q1 Piece Earnings Transcript Zacks Analysis
- Negative Sentiment: Equity issuance and potential dilution — The $129.9M follow-on common offering can dilute existing shareholders and may pressure the share price near-term despite funding growth. Capital Raise / Use of Proceeds
- Negative Sentiment: Mixed top-line vs. some estimates — Some reports show revenue roughly in-line to slightly below certain consensus estimates for the quarter, creating short-term uncertainty even as FFO/AFFO beat. Zacks FFO Note
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.
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