Getty Realty (GTY) Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Getty Realty in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" GTY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GTY, but not buy additional shares or sell existing shares.
View GTY analyst ratings or view top-rated stocks.

4 equities research analysts have issued 12-month price targets for Getty Realty's stock. Their GTY share price forecasts range from $30.00 to $39.00. On average, they predict the company's stock price to reach $33.40 in the next year. This suggests a possible upside of 21.0% from the stock's current price.
View analysts price targets for GTY or view top-rated stocks among Wall Street analysts.

Getty Realty's stock was trading at $33.85 at the start of the year. Since then, GTY stock has decreased by 18.4% and is now trading at $27.61.
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Getty Realty saw a decline in short interest in the month of August. As of August 15th, there was short interest totaling 2,940,000 shares, a decline of 9.0% from the July 31st total of 3,230,000 shares. Based on an average daily trading volume, of 329,600 shares, the short-interest ratio is presently 8.9 days.
View Getty Realty's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our GTY earnings forecast.

Getty Realty will be holding an earnings conference call on Thursday, October 26th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13739331".

Getty Realty Corp. (NYSE:GTY) posted its earnings results on Wednesday, July, 26th. The real estate investment trust reported $0.26 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.56 by $0.30. The real estate investment trust earned $43.66 million during the quarter, compared to the consensus estimate of $43.09 million. Getty Realty had a net margin of 39.48% and a trailing twelve-month return on equity of 8.51%.

Getty Realty announced a quarterly dividend on Tuesday, July 25th. Investors of record on Thursday, September 28th will be given a dividend of $0.43 per share on Thursday, October 12th. This represents a $1.72 annualized dividend and a dividend yield of 6.23%. The ex-dividend date is Wednesday, September 27th.
Read our dividend analysis for GTY.

ETFs with the largest weight of Getty Realty (NYSE:GTY) stock in their portfolio include NETLease Corporate Real Estate ETF (NETL), Invesco KBW Premium Yield Equity REIT ETF (KBWY), Invesco S&P SmallCap Low Volatility ETF (XSLV) and VictoryShares US Small Mid Cap Value Momentum ETF (USVM).SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV).

Getty Realty (NYSE:GTY) pays an annual dividend of $1.72 per share and currently has a dividend yield of 6.00%. GTY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 124.64%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, GTY will have a dividend payout ratio of 74.46% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GTY.

Getty Realty issued an update on its FY 2023 earnings guidance on Wednesday, July, 26th. The company provided earnings per share guidance of $2.23-$2.24 for the period, compared to the consensus earnings per share estimate of $2.11. The company issued revenue guidance of -.

Based on aggregate information from My MarketBeat watchlists, some companies that other Getty Realty investors own include Energy Transfer (ET), AT&T (T), CBL & Associates Properties (CBL), Cornerstone Total Return Fund (CRF), Ford Motor (F), SandRidge Permian Trust (PER), SunCoke Energy Partners (SXCP), Cornerstone Strategic Value Fund (CLM), Martin Midstream Partners (MMLP) and NGL Energy Partners (NGL).

Getty Realty trades on the New York Stock Exchange (NYSE) under the ticker symbol "GTY."

Shares of GTY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of GTY stock can currently be purchased for approximately $27.61.

Getty Realty (NYSE:GTY) has a market capitalization of $1.39 billion and generates $172.81 million in revenue each year. The real estate investment trust earns $90.04 million in net income (profit) each year or $1.38 on an earnings per share basis.

Getty Realty's mailing address is Two Jericho Plaza Suite 110, Jericho NY, 11753. The official website for the company is www.gettyrealty.com. The real estate investment trust can be reached via phone at (646) 349-6000, via email at ir@gettyrealty.com, or via fax at 516-478-5476.