Getty Realty Corp. (GTY) Reaches New 1-Year High at $23.97
Getty Realty Corp. (NYSE:GTY) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $23.97 and last traded at $23.84, with a volume of 40,053 shares. The stock had previously closed at $23.90.
Separately, JMP Securities began coverage on shares of Getty Realty Corp. in a report on Friday, June 17th. They set a “market perform” rating for the company.
The company has a market capitalization of $807.64 million and a P/E ratio of 16.85. The stock has a 50-day moving average of $22.50 and a 200 day moving average of $20.34.
Getty Realty Corp. (NYSE:GTY) last released its quarterly earnings data on Thursday, August 4th. The real estate investment trust reported $0.42 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.35 by $0.07. During the same quarter in the prior year, the company earned $0.55 earnings per share. Analysts predict that Getty Realty Corp. will post $1.53 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 6th. Investors of record on Thursday, September 22nd will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 4.18%. The ex-dividend date of this dividend is Tuesday, September 20th.
An institutional investor recently bought a new position in Getty Realty Corp. stock. Matarin Capital Management LLC acquired a new stake in Getty Realty Corp. (NYSE:GTY) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 93,425 shares of the real estate investment trust’s stock, valued at approximately $1,602,000. Matarin Capital Management LLC owned about 0.28% of Getty Realty Corp. as of its most recent SEC filing.
Getty Realty Corp. is a real estate investment trust. The Company is engaged in the ownership, leasing and financing of convenience store and gasoline station properties. It owns and leases approximately 850 properties that are located in over 20 states across the United States and Washington, District of Columbia.
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