Getty Realty Corporation (NYSE:GTY) Getting Somewhat Positive Press Coverage, Accern Reports
Media coverage about Getty Realty Corporation (NYSE:GTY) has trended somewhat positive on Sunday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Getty Realty Corporation earned a news sentiment score of 0.17 on Accern’s scale. Accern also gave news headlines about the real estate investment trust an impact score of 46.3048632036402 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the headlines that may have effected Accern’s scoring:
- Has $340000 Position in Agree Realty Corporation (NYSE:ADC) (iphonefresh.com)
- Getty Realty Corporation (NYSE:GTY) Sees Significantly Higher Trading Volume (bulhufas.com)
- UBS Asset Management Americas Inc. Raises Stake in Getty Realty Corporation (GTY) (wobko.net)
- SL Green Realty Corporation (SLG) Stock Rating Upgraded by UBS AG (famososartistas.com)
- Mesa Adaptive Average of Getty Realty Corp (GTY) Holding Above Support Line (topactu.net)
Shares of Getty Realty Corporation (NYSE:GTY) opened at 25.86 on Friday. Getty Realty Corporation has a 52 week low of $21.71 and a 52 week high of $26.71. The stock’s 50 day moving average is $24.99 and its 200-day moving average is $25.51. The stock has a market capitalization of $1.02 billion, a price-to-earnings ratio of 21.39 and a beta of 0.54.
Getty Realty Corporation (NYSE:GTY) last released its earnings results on Wednesday, July 26th. The real estate investment trust reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.01. The company had revenue of $24.83 million during the quarter, compared to the consensus estimate of $25.20 million. Getty Realty Corporation had a return on equity of 10.28% and a net margin of 36.50%. Getty Realty Corporation’s revenue was up 2.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.42 EPS. On average, analysts anticipate that Getty Realty Corporation will post $1.26 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, October 5th. Shareholders of record on Thursday, September 21st will be given a $0.28 dividend. This represents a $1.12 annualized dividend and a yield of 4.33%. The ex-dividend date of this dividend is Wednesday, September 20th. Getty Realty Corporation’s dividend payout ratio is currently 92.56%.
GTY has been the subject of a number of recent analyst reports. BidaskClub raised shares of Getty Realty Corporation from a “hold” rating to a “buy” rating in a research note on Wednesday, August 2nd. Canaccord Genuity initiated coverage on shares of Getty Realty Corporation in a research note on Tuesday, July 18th. They set a “buy” rating and a $32.00 target price for the company. Zacks Investment Research raised shares of Getty Realty Corporation from a “hold” rating to a “buy” rating and set a $28.00 target price for the company in a research note on Friday, May 12th. Finally, ValuEngine raised shares of Getty Realty Corporation from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. One equities research analyst has rated the stock with a sell rating, three have issued a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $27.00.
Getty Realty Corporation Company Profile
Getty Realty Corp. is a real estate investment trust (REIT). The Company specializes in the ownership, leasing and financing of convenience store and gasoline station properties. As of June 30, 2017, the Company’s 825 properties were located in 26 states across the United States and Washington, District of Columbia.
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