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

Getty Realty (NYSE:GTY) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 2.520-2.540 for the period, compared to the consensus estimate of 2.420. The company issued revenue guidance of -.

Getty Realty Stock Performance

NYSE GTY traded down $0.73 on Wednesday, reaching $35.88. The stock had a trading volume of 809,748 shares, compared to its average volume of 503,439. The company has a debt-to-equity ratio of 0.92, a quick ratio of 2.24 and a current ratio of 2.24. Getty Realty has a 12-month low of $25.39 and a 12-month high of $36.83. The business’s 50-day moving average price is $33.58 and its 200 day moving average price is $32.46. The stock has a market cap of $2.17 billion, a P/E ratio of 23.60, a price-to-earnings-growth ratio of 2.98 and a beta of 0.72.

Getty Realty (NYSE:GTY) last announced its earnings results on Wednesday, April 22nd. The real estate investment trust reported $0.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.34 by $0.09. The business had revenue of $57.84 million for the quarter, compared to analyst estimates of $58.41 million. Getty Realty had a net margin of 40.06% and a return on equity of 8.76%. The company’s revenue for the quarter was up 10.5% compared to the same quarter last year. During the same period last year, the firm posted $0.59 earnings per share. As a group, equities analysts expect that Getty Realty will post 2.42 earnings per share for the current year.

Getty Realty Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 8th. Investors of record on Thursday, September 24th will be paid a dividend of $0.485 per share. The ex-dividend date is Thursday, September 24th. This represents a $1.94 dividend on an annualized basis and a yield of 5.4%. Getty Realty’s dividend payout ratio is currently 127.63%.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. Huntington assumed coverage on shares of Getty Realty in a research report on Wednesday, July 15th. They set an “outperform” rating and a $37.00 price objective on the stock. Weiss Ratings raised shares of Getty Realty from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, May 13th. Citigroup reiterated a “market outperform” rating on shares of Getty Realty in a research note on Friday, June 12th. Robert W. Baird raised their price target on Getty Realty from $32.00 to $34.00 and gave the stock a “neutral” rating in a report on Thursday, April 23rd. Finally, KeyCorp boosted their price target on Getty Realty from $33.00 to $36.00 and gave the company an “overweight” rating in a research report on Thursday, May 14th. Five investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $34.17.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Advisors Asset Management Inc. purchased a new position in Getty Realty during the first quarter worth about $31,000. EverSource Wealth Advisors LLC raised its stake in shares of Getty Realty by 3,996.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,188 shares of the real estate investment trust’s stock worth $33,000 after buying an additional 1,159 shares in the last quarter. Advisory Services Network LLC acquired a new stake in shares of Getty Realty in the 3rd quarter valued at approximately $56,000. CIBC Private Wealth Group LLC acquired a new stake in shares of Getty Realty in the 3rd quarter valued at approximately $58,000. Finally, State of Wyoming purchased a new stake in shares of Getty Realty in the fourth quarter valued at approximately $65,000. 85.11% of the stock is currently owned by institutional investors and hedge funds.

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.