Getty Realty (NYSE:GTY) Releases FY 2025 Earnings Guidance

Getty Realty (NYSE:GTY - Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 2.400-2.41 for the period, compared to the consensus earnings per share estimate of 2.372. The company issued revenue guidance of -.

Getty Realty Stock Performance

GTY traded up $0.22 on Friday, reaching $27.73. 433,257 shares of the stock were exchanged, compared to its average volume of 374,843. The company's 50-day moving average price is $28.31 and its 200 day moving average price is $29.33. Getty Realty has a fifty-two week low of $26.42 and a fifty-two week high of $33.85. The company has a debt-to-equity ratio of 0.94, a current ratio of 2.44 and a quick ratio of 2.44. The firm has a market capitalization of $1.54 billion, a PE ratio of 24.11, a PEG ratio of 2.59 and a beta of 0.82.

Getty Realty (NYSE:GTY - Get Free Report) last issued its quarterly earnings data on Wednesday, July 23rd. The real estate investment trust reported $0.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by ($0.01). The company had revenue of $51.31 million during the quarter, compared to analyst estimates of $51.59 million. Getty Realty had a net margin of 31.62% and a return on equity of 6.90%. As a group, sell-side analysts forecast that Getty Realty will post 2.29 EPS for the current fiscal year.

Getty Realty Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 9th. Investors of record on Thursday, September 25th will be paid a $0.47 dividend. The ex-dividend date is Thursday, September 25th. This represents a $1.88 annualized dividend and a dividend yield of 6.78%. Getty Realty's dividend payout ratio is presently 163.48%.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on GTY shares. UBS Group cut their price target on Getty Realty from $29.00 to $28.00 and set a "neutral" rating for the company in a research note on Wednesday, July 16th. Robert W. Baird dropped their price target on Getty Realty from $33.00 to $32.00 and set a "neutral" rating for the company in a research report on Thursday, April 24th. Finally, KeyCorp dropped their price target on Getty Realty from $35.00 to $33.00 and set an "overweight" rating for the company in a research report on Wednesday, May 7th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $32.33.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in GTY. Amundi lifted its holdings in Getty Realty by 12.7% in the first quarter. Amundi now owns 30,647 shares of the real estate investment trust's stock valued at $930,000 after acquiring an additional 3,463 shares during the last quarter. Advisors Asset Management Inc. purchased a new stake in shares of Getty Realty in the 1st quarter valued at $31,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Getty Realty by 8.2% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 306,733 shares of the real estate investment trust's stock valued at $9,564,000 after buying an additional 23,370 shares during the period. Finally, Jane Street Group LLC raised its holdings in shares of Getty Realty by 105.8% in the 1st quarter. Jane Street Group LLC now owns 113,313 shares of the real estate investment trust's stock valued at $3,533,000 after buying an additional 58,255 shares during the period. 85.11% of the stock is currently owned by institutional investors and hedge funds.

About Getty Realty