Getty Realty Corp. (GTY) Reaches New 12-Month High at $24.24
Shares of Getty Realty Corp. (NYSE:GTY) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $24.24 and last traded at $24.13, with a volume of 45,942 shares traded. The stock had previously closed at $23.98.
Separately, JMP Securities began coverage on shares of Getty Realty Corp. in a research report on Friday, June 17th. They issued a “market perform” rating on the stock.
The company has a market cap of $798.86 million and a P/E ratio of 16.67. The stock has a 50 day moving average of $22.91 and a 200-day moving average of $20.63.
Getty Realty Corp. (NYSE:GTY) last released its quarterly earnings results on Thursday, August 4th. The real estate investment trust reported $0.42 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.35 by $0.07. During the same quarter last year, the firm posted $0.55 earnings per share. Equities research analysts predict that Getty Realty Corp. will post $1.53 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Thursday, October 6th. Stockholders of record on Thursday, September 22nd will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 4.22%. The ex-dividend date is Tuesday, September 20th.
A hedge fund recently bought a new stake in Getty Realty Corp. stock. Matarin Capital Management LLC bought a new stake in Getty Realty Corp. (NYSE:GTY) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 93,425 shares of the real estate investment trust’s stock, valued at approximately $1,602,000. Matarin Capital Management LLC owned 0.28% of Getty Realty Corp. as of its most recent filing with the SEC.
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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