Getty Realty (NYSE:GTY) Stock Rating Upgraded by Wall Street Zen

Key Points

• Getty Realty's stock rating has been upgraded from "sell" to "hold" by Wall Street Zen, indicating a potential shift in investor sentiment.
• UBS Group raised the price target for Getty Realty shares from $28.00 to $30.00, contributing to a current consensus rating of "Moderate Buy" and a consensus price target of $32.67.
• Despite the upgrade, Getty Realty's most recent earnings report showed a slight miss on earnings per share, indicating challenging conditions as it reported $0.59 EPS against expectations of $0.60.

Getty Realty (NYSE:GTY - Get Free Report) was upgraded by stock analysts at Wall Street Zen from a "sell" rating to a "hold" rating in a report released on Saturday.

Separately, UBS Group raised their price objective on Getty Realty from $28.00 to $30.00 and gave the company a "neutral" rating in a research report on Friday, August 15th. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Getty Realty has an average rating of "Moderate Buy" and an average target price of $32.67.

Getty Realty Stock Up 0.1%

NYSE:GTY traded up $0.02 during mid-day trading on Friday, hitting $27.81. The company had a trading volume of 367,403 shares, compared to its average volume of 272,701. The business has a fifty day simple moving average of $28.07 and a 200-day simple moving average of $28.68. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.94. Getty Realty has a 1 year low of $26.42 and a 1 year high of $33.85. The firm has a market capitalization of $1.57 billion, a price-to-earnings ratio of 24.18, a PEG ratio of 2.09 and a beta of 0.86.

Getty Realty (NYSE:GTY - Get Free Report) last released its quarterly earnings data on Wednesday, July 23rd. The real estate investment trust reported $0.59 EPS for the quarter, missing the consensus estimate of $0.60 by ($0.01). Getty Realty had a net margin of 31.62% and a return on equity of 6.87%. The company had revenue of $51.31 million during the quarter, compared to analysts' expectations of $51.59 million. Getty Realty has set its FY 2025 guidance at 2.400-2.41 EPS. Equities analysts forecast that Getty Realty will post 2.29 earnings per share for the current fiscal year.

Institutional Trading of Getty Realty

Large investors have recently modified their holdings of the business. GF Fund Management CO. LTD. acquired a new position in Getty Realty in the fourth quarter worth about $28,000. Advisors Asset Management Inc. acquired a new position in Getty Realty in the first quarter worth about $31,000. EverSource Wealth Advisors LLC grew its stake in Getty Realty by 3,996.6% in the second quarter. EverSource Wealth Advisors LLC now owns 1,188 shares of the real estate investment trust's stock worth $33,000 after purchasing an additional 1,159 shares in the last quarter. US Bancorp DE grew its stake in Getty Realty by 52.4% in the first quarter. US Bancorp DE now owns 1,093 shares of the real estate investment trust's stock worth $34,000 after purchasing an additional 376 shares in the last quarter. Finally, Signaturefd LLC grew its stake in Getty Realty by 111.3% in the second quarter. Signaturefd LLC now owns 1,386 shares of the real estate investment trust's stock worth $38,000 after purchasing an additional 730 shares in the last quarter. 85.11% of the stock is currently owned by institutional investors and hedge funds.

Getty Realty Company Profile