Getty Realty (NYSE:GTY) Price Target Raised to $36.00

Getty Realty (NYSE:GTY) had its target price lifted by Robert W. Baird from $34.00 to $36.00 in a research report released on Thursday morning,Benzinga reports. The firm currently has a neutral rating on the real estate investment trust’s stock.

A number of other equities research analysts have also weighed in on the stock. Huntington started coverage on shares of Getty Realty in a report on Wednesday, July 15th. They issued an “outperform” rating and a $37.00 price objective for the company. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $35.00 target price on shares of Getty Realty in a report on Friday, April 24th. KeyCorp lifted their target price on shares of Getty Realty from $33.00 to $36.00 and gave the stock an “overweight” rating in a research report on Thursday, May 14th. Weiss Ratings raised shares of Getty Realty from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, May 13th. Finally, Citizens Jmp upped their price target on shares of Getty Realty from $35.00 to $39.00 and gave the company a “market outperform” rating in a research report on Thursday. Six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Getty Realty presently has an average rating of “Moderate Buy” and an average price target of $35.29.

Getty Realty Stock Performance

Shares of NYSE GTY opened at $34.74 on Thursday. The stock’s 50-day moving average is $33.73 and its 200 day moving average is $32.58. The stock has a market cap of $2.10 billion, a price-to-earnings ratio of 21.19, a P/E/G ratio of 2.87 and a beta of 0.72. Getty Realty has a 1-year low of $25.39 and a 1-year high of $36.83. The company has a current ratio of 2.26, a quick ratio of 2.24 and a debt-to-equity ratio of 0.95.

Getty Realty (NYSE:GTY) last issued its earnings results on Wednesday, July 22nd. The real estate investment trust reported $0.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by ($0.01). Getty Realty had a return on equity of 9.27% and a net margin of 42.74%.The firm had revenue of $59.05 million during the quarter, compared to analysts’ expectations of $58.45 million. The firm’s quarterly revenue was up 10.9% compared to the same quarter last year. Getty Realty has set its FY 2026 guidance at 2.520-2.540 EPS. On average, sell-side analysts anticipate that Getty Realty will post 2.42 EPS for the current fiscal year.

Getty Realty Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders of record on Thursday, September 24th will be paid a $0.485 dividend. This represents a $1.94 dividend on an annualized basis and a yield of 5.6%. The ex-dividend date of this dividend is Thursday, September 24th. Getty Realty’s payout ratio is 118.29%.

Institutional Trading of Getty Realty

A number of institutional investors have recently made changes to their positions in the stock. LSV Asset Management increased its stake in shares of Getty Realty by 1,467.5% in the fourth quarter. LSV Asset Management now owns 233,563 shares of the real estate investment trust’s stock worth $6,393,000 after buying an additional 218,663 shares during the period. Vanguard Group Inc. boosted its position in Getty Realty by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 8,488,950 shares of the real estate investment trust’s stock valued at $232,343,000 after buying an additional 102,670 shares during the period. Pensionfund Sabic purchased a new stake in Getty Realty during the 4th quarter valued at $671,000. Legal & General Group Plc grew its holdings in Getty Realty by 17.6% in the 4th quarter. Legal & General Group Plc now owns 368,845 shares of the real estate investment trust’s stock worth $10,095,000 after acquiring an additional 55,149 shares during the last quarter. Finally, Ranch Capital Advisors Inc. bought a new stake in Getty Realty in the 1st quarter worth $1,777,000. Hedge funds and other institutional investors own 85.11% of the company’s stock.

Key Headlines Impacting Getty Realty

Here are the key news stories impacting Getty Realty this week:

• Positive Sentiment: Royal Bank of Canada raised its price target on Getty Realty to $36 from $35, keeping a “sector perform” rating and implying modest upside from current levels. Benzinga
• Positive Sentiment: Robert W. Baird also lifted its target to $36 from $34, while Citizens JMP turned more bullish and increased its target to $39 with a “market outperform” rating, signaling stronger confidence in the stock’s valuation and growth outlook. Benzinga
• Positive Sentiment: Post-earnings coverage highlighted steady, profitable growth and “low-drama” execution, suggesting investors are focusing on Getty Realty’s stable REIT profile and resilient operating trend. Yahoo Finance
• Neutral Sentiment: Getty Realty’s Q2 2026 earnings showed revenue above expectations, but earnings per share and FFO came in slightly below consensus, creating a mixed fundamental picture. Zacks
• Neutral Sentiment: Brokerage consensus remains cautious overall, with one recent note citing an average target near $34.17, suggesting analysts see limited near-term re-rating despite the positive revisions. Tickerreport.com

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.