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 equities research analysts at Wall Street Zen from a "sell" rating to a "hold" rating in a research note issued to investors on Saturday.

Separately, UBS Group raised their target price on shares of Getty Realty from $28.00 to $30.00 and gave the company a "neutral" rating in a research note on Friday, August 15th. Three investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $32.67.

Getty Realty Trading Down 0.8%

Shares of Getty Realty stock opened at $28.26 on Friday. Getty Realty has a 12-month low of $26.42 and a 12-month high of $33.85. The company has a market cap of $1.60 billion, a price-to-earnings ratio of 24.57, a PEG ratio of 2.14 and a beta of 0.86. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.94. The company's 50-day moving average price is $28.03 and its 200-day moving average price is $28.78.

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. LPL Financial LLC grew its position in Getty Realty by 30.1% during the first quarter. LPL Financial LLC now owns 88,476 shares of the real estate investment trust's stock valued at $2,759,000 after acquiring an additional 20,473 shares during the last quarter. D.A. Davidson & CO. bought a new position in Getty Realty during the first quarter valued at approximately $211,000. GAMMA Investing LLC grew its position in Getty Realty by 3,339.0% during the first quarter. GAMMA Investing LLC now owns 51,104 shares of the real estate investment trust's stock valued at $1,639,000 after acquiring an additional 49,618 shares during the last quarter. Teacher Retirement System of Texas grew its position in Getty Realty by 21.8% during the first quarter. Teacher Retirement System of Texas now owns 44,950 shares of the real estate investment trust's stock valued at $1,402,000 after acquiring an additional 8,056 shares during the last quarter. Finally, SG Americas Securities LLC grew its position in Getty Realty by 417.1% during the first quarter. SG Americas Securities LLC now owns 23,415 shares of the real estate investment trust's stock valued at $730,000 after acquiring an additional 18,887 shares during the last quarter. 85.11% of the stock is currently owned by institutional investors.

Getty Realty Company Profile

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