Getty Realty (NYSE:GTY) Issues 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 EPS guidance of 2.400-2.41 for the period, compared to the consensus EPS estimate of 2.372. The company issued revenue guidance of -.

Getty Realty Stock Performance

Shares of GTY traded up $0.22 during trading hours on Friday, hitting $27.73. The stock had a trading volume of 433,257 shares, compared to its average volume of 418,874. The firm has a market capitalization of $1.54 billion, a PE ratio of 24.11, a PEG ratio of 2.64 and a beta of 0.82. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.98 and a quick ratio of 2.44. The stock has a fifty day moving average price of $28.28 and a 200 day moving average price of $29.32. Getty Realty has a 12 month low of $26.42 and a 12 month high of $33.85.

Getty Realty (NYSE:GTY - Get Free Report) last released its earnings results on Wednesday, July 23rd. The real estate investment trust reported $0.59 earnings per share for the quarter, missing the consensus estimate of $0.60 by ($0.01). The company had revenue of $51.31 million for 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%. Analysts anticipate that Getty Realty will post 2.29 EPS for the current year.

Getty Realty Dividend Announcement

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

Analyst Upgrades and Downgrades

GTY has been the topic of several analyst reports. Wall Street Zen downgraded Getty Realty from a "hold" rating to a "sell" rating in a research report on Saturday. Robert W. Baird lowered their price objective on Getty Realty from $33.00 to $32.00 and set a "neutral" rating on the stock in a research report on Thursday, April 24th. KeyCorp lowered their price objective on Getty Realty from $35.00 to $33.00 and set an "overweight" rating on the stock in a research report on Wednesday, May 7th. Finally, UBS Group lowered their price objective on Getty Realty from $29.00 to $28.00 and set a "neutral" rating on the stock in a research report on Wednesday, July 16th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat, Getty Realty currently has a consensus rating of "Hold" and an average target price of $32.33.

Institutional Investors Weigh In On Getty Realty

Large investors have recently added to or reduced their stakes in the stock. Advisors Asset Management Inc. bought a new stake in Getty Realty during the first quarter worth approximately $31,000. Amundi grew its stake in shares of Getty Realty by 12.7% during the first quarter. Amundi now owns 30,647 shares of the real estate investment trust's stock valued at $930,000 after buying an additional 3,463 shares during the last quarter. Jane Street Group LLC grew its stake in shares of Getty Realty by 105.8% during the first 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 last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Getty Realty by 8.2% during the first 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 last quarter. 85.11% of the stock is owned by institutional investors.

Getty Realty Company Profile