Getty Realty (NYSE:GTY) Issues FY 2026 Earnings Guidance

Getty Realty (NYSE:GTY) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided earnings per share guidance of 2.480-2.500 for the period, compared to the consensus earnings per share estimate of 1.800. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

GTY has been the topic of several research reports. Royal Bank Of Canada lifted their price target on shares of Getty Realty from $30.00 to $33.00 and gave the company a “sector perform” rating in a report on Tuesday, February 17th. Weiss Ratings restated a “hold (c)” rating on shares of Getty Realty in a research report on Thursday, January 22nd. Two equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $31.60.

Getty Realty Stock Performance

Shares of GTY stock opened at $32.83 on Friday. The firm has a market capitalization of $1.96 billion, a price-to-earnings ratio of 24.50, a PEG ratio of 2.43 and a beta of 0.84. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 0.93. The business’s 50-day moving average price is $29.84 and its 200-day moving average price is $28.51. Getty Realty has a 12 month low of $25.39 and a 12 month high of $34.02.

Getty Realty (NYSE:GTY) last released its quarterly earnings data on Wednesday, February 11th. The real estate investment trust reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.01. Getty Realty had a return on equity of 7.86% and a net margin of 35.72%.The company had revenue of $60.55 million during the quarter, compared to the consensus estimate of $55.94 million. The company’s quarterly revenue was up 14.2% compared to the same quarter last year. Equities research analysts forecast that Getty Realty will post 2.29 EPS for the current year.

Getty Realty Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 9th. Stockholders of record on Thursday, March 26th will be issued a dividend of $0.485 per share. This represents a $1.94 dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date is Thursday, March 26th. Getty Realty’s payout ratio is 144.78%.

Institutional Investors Weigh In On Getty Realty

A number of institutional investors have recently made changes to their positions in GTY. Schonfeld Strategic Advisors LLC increased its stake in shares of Getty Realty by 2,308.6% in the third quarter. Schonfeld Strategic Advisors LLC now owns 457,536 shares of the real estate investment trust’s stock valued at $12,276,000 after buying an additional 438,540 shares during the period. Marshall Wace LLP raised its holdings in Getty Realty by 164.7% during the 4th quarter. Marshall Wace LLP now owns 637,865 shares of the real estate investment trust’s stock worth $17,458,000 after purchasing an additional 396,897 shares during the last quarter. Millennium Management LLC lifted its position in shares of Getty Realty by 42.3% in the 3rd quarter. Millennium Management LLC now owns 1,142,413 shares of the real estate investment trust’s stock worth $30,651,000 after purchasing an additional 339,388 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Getty Realty by 419.7% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 286,923 shares of the real estate investment trust’s stock valued at $7,698,000 after buying an additional 231,714 shares during the period. Finally, Qube Research & Technologies Ltd boosted its stake in Getty Realty by 58.1% during the second quarter. Qube Research & Technologies Ltd now owns 527,290 shares of the real estate investment trust’s stock worth $14,574,000 after acquiring an additional 193,851 shares in the last quarter. Institutional investors own 85.11% of the company’s stock.

About Getty Realty

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.