Getty Realty Corp. (GTY) Sets New 1-Year High at $23.97
Getty Realty Corp. (NYSE:GTY)’s share price reached a new 52-week high during mid-day trading on Thursday . The company 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 initiated coverage on shares of Getty Realty Corp. in a report on Friday, June 17th. They set a “market perform” rating on the stock.
The stock has a 50-day moving average price of $22.64 and a 200-day moving average price of $20.40. The stock has a market cap of $797.51 million and a PE ratio of 16.64.
Getty Realty Corp. (NYSE:GTY) last announced its quarterly earnings results on Thursday, August 4th. The real estate investment trust reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.07. During the same period in the previous year, the business posted $0.55 earnings per share. On average, analysts anticipate that Getty Realty Corp. will post $1.53 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 6th. Investors of record on Thursday, September 22nd will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 4.23%. The ex-dividend date is Tuesday, September 20th.
A hedge fund recently raised its stake in Getty Realty Corp. stock. Dimensional Fund Advisors LP raised its position in Getty Realty Corp. (NYSE:GTY) by 2.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 352,984 shares of the real estate investment trust’s stock after buying an additional 9,178 shares during the period. Dimensional Fund Advisors LP owned 1.06% of Getty Realty Corp. worth $6,054,000 at the end of the most recent reporting period.
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.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.