Getty Realty Corp. is a real estate investment trust (REIT). The Company specializes in the ownership, leasing and financing of convenience store and gasoline station properties. As of June 30, 2017, the Company's 825 properties were located in 26 states across the United States and Washington, District of Columbia. Its properties are operated under a range of brands, including 76, Aloha, BP, Citgo, Conoco, Exxon, Getty, Mobil, RaceTrac, Shell and Valero. The Company owns the Getty name in connection with its real estate and the petroleum marketing business in the United States. As of June 30, 2017, the Company had owned 738 properties and leased 87 properties from third-party landlords. Its typical property is used as a convenience store and gasoline station. Its properties are concentrated in the Northeast and Mid-Atlantic regions.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Retail REITs
- Sub-Industry: Retail REITs
- Symbol: NYSE:GTY
- CUSIP: 37429710
- Web: www.gettyrealty.com
- Market Cap: $1.11885 billion
- Outstanding Shares: 39,409,000
- 50 Day Moving Avg: $27.13
- 200 Day Moving Avg: $25.76
- 52 Week Range: $21.71 - $29.00
Sales & Book Value:
- Trailing P/E Ratio: 23.58
- Foreward P/E Ratio: 14.40
- P/E Growth: 0.00
- Annual Revenue: $114.91 million
- Price / Sales: 9.78
- Book Value: $12.75 per share
- Price / Book: 2.24
- Annual Dividend: $1.12
- Dividend Yield: 4.0%
- EBIDTA: $78.24 million
- Net Margins: 36.50%
- Return on Equity: 10.28%
- Return on Assets: 5.06%
- Debt-to-Equity Ratio: 0.70%
- Current Ratio: 1.31%
- Quick Ratio: 1.31%
- Average Volume: 348,619 shs.
- Beta: 0.54
- Short Ratio: 8.65
Frequently Asked Questions for Getty Realty Corporation (NYSE:GTY)
What is Getty Realty Corporation's stock symbol?
Getty Realty Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "GTY."
How often does Getty Realty Corporation pay dividends? What is the dividend yield for Getty Realty Corporation?
Getty Realty Corporation declared a quarterly dividend on Thursday, July 27th. Stockholders of record on Thursday, September 21st will be given a dividend of $0.28 per share on Thursday, October 5th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 3.93%. The ex-dividend date is Wednesday, September 20th. View Getty Realty Corporation's Dividend History.
How were Getty Realty Corporation's earnings last quarter?
Getty Realty Corporation (NYSE:GTY) announced its earnings results on Wednesday, July, 26th. The company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.01. The firm earned $24.83 million during the quarter, compared to analyst estimates of $25.20 million. Getty Realty Corporation had a return on equity of 10.28% and a net margin of 36.50%. The firm's quarterly revenue was up 2.8% on a year-over-year basis. During the same period last year, the firm earned $0.42 EPS. View Getty Realty Corporation's Earnings History.
When will Getty Realty Corporation make its next earnings announcement?
Where is Getty Realty Corporation's stock going? Where will Getty Realty Corporation's stock price be in 2017?
3 analysts have issued 1 year target prices for Getty Realty Corporation's shares. Their forecasts range from $20.00 to $32.00. On average, they expect Getty Realty Corporation's share price to reach $27.33 in the next year. View Analyst Ratings for Getty Realty Corporation.
Are investors shorting Getty Realty Corporation?
Getty Realty Corporation saw a drop in short interest in the month of August. As of August 31st, there was short interest totalling 363,342 shares, a drop of 42.4% from the August 15th total of 630,911 shares. Based on an average trading volume of 246,837 shares, the days-to-cover ratio is presently 1.5 days. Currently, 1.1% of the shares of the stock are short sold.
Who are some of Getty Realty Corporation's key competitors?
Some companies that are related to Getty Realty Corporation include Retail Opportunity Investments Corp. (ROIC), American Assets Trust (AAT), Kite Realty Group Trust (KRG), Washington Prime Group (WPG), Four Corners Property Trust (FCPT), Agree Realty Corporation (ADC), Saul Centers (BFS), Ramco-Gershenson Properties Trust (RPT), Pennsylvania Real Estate Investment Trust (PEI), Cedar Realty Trust (CDR), Capital & Regional plc (CAL), Wheeler Real Estate Investment Trust (WHLR) and Rouse Properties (RSE).
Who are Getty Realty Corporation's key executives?
Getty Realty Corporation's management team includes the folowing people:
- Christopher J. Constant, President, Chief Executive Officer, Director
- Danion Fielding, Chief Financial Officer, Vice President, Treasurer
- Mark J. Olear, Chief Operating Officer
- Joshua Dicker, Senior Vice President, General Counsel, Secretary
- Leo Liebowitz, Non-Executive Chairman of the Board
- Howard B. Safenowitz, Lead Independent Director
- Milton Cooper, Independent Director
- Philip E. Coviello Jr., Independent Director
- Richard E. Montag, Independent Director
Who owns Getty Realty Corporation stock?
Getty Realty Corporation's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.79%), BlackRock Inc. (10.18%), LSV Asset Management (3.08%), Renaissance Technologies LLC (2.88%), State Street Corp (1.98%) and Ingalls & Snyder LLC (1.98%). View Institutional Ownership Trends for Getty Realty Corporation.
Who sold Getty Realty Corporation stock? Who is selling Getty Realty Corporation stock?
Getty Realty Corporation's stock was sold by a variety of institutional investors in the last quarter, including Ingalls & Snyder LLC, Ameriprise Financial Inc., LSV Asset Management, Alliancebernstein L.P., First Trust Advisors LP, Navellier & Associates Inc, Principal Financial Group Inc. and Citadel Advisors LLC. View Insider Buying and Selling for Getty Realty Corporation.
Who bought Getty Realty Corporation stock? Who is buying Getty Realty Corporation stock?
Getty Realty Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Vanguard Group Inc., BlackRock Inc., Northern Trust Corp, State Street Corp, Zacks Investment Management, Bank of New York Mellon Corp and Dynamic Technology Lab Private Ltd. View Insider Buying and Selling for Getty Realty Corporation.
How do I buy Getty Realty Corporation stock?
Shares of Getty Realty Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Getty Realty Corporation's stock price today?
MarketBeat Community Rating for Getty Realty Corporation (NYSE GTY)MarketBeat's community ratings are surveys of what our community members think about Getty Realty Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Getty Realty Corporation stock can currently be purchased for approximately $28.51.
Consensus Ratings for Getty Realty Corporation (NYSE:GTY) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 2 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.33)|
|Consensus Price Target: ||$27.33 (4.13% downside)|
Analysts' Ratings History for Getty Realty Corporation (NYSE:GTY)
(Data available from 9/19/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|9/6/2017||Bank of America Corporation||Initiated Coverage||Buy -> Buy||$30.00||Medium|
|7/18/2017||Canaccord Genuity||Initiated Coverage||Buy||$32.00||Low|
|4/3/2017||J P Morgan Chase & Co||Boost Price Target||Underweight||$16.00 -> $20.00||Low|
|6/17/2016||JMP Securities||Initiated Coverage||Market Perform||N/A|
Earnings History for Getty Realty Corporation (NYSE:GTY)Earnings History by Quarter for Getty Realty Corporation (NYSE GTY)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/26/2017||Q2 2017||$0.40||$0.41||$25.20 million||$24.83 million||View||N/A|
|3/1/2017||Q416||$0.41||$0.43||$24.00 million||$29.70 million||View||Listen|
|10/26/2016||Q316||$0.41||$0.47||$24.00 million||$24.33 million||View||N/A|
|5/4/2016||Q116||$0.41||$0.39||$29.00 million||$28.40 million||View||N/A|
|3/9/2016||Q415||$0.70||$0.68||$28.00 million||$29.80 million||View||N/A|
|11/4/2015||Q315||$0.33||$0.42||$28.00 million||$29.08 million||View||N/A|
|8/10/2015||Q215||$0.50||$0.55||$25.00 million||$26.20 million||View||N/A|
|5/11/2015||Q115||$0.29||$0.33||$24.00 million||$24.70 million||View||N/A|
|11/3/2014||Q314||$0.31||$0.34||$24.00 million||$24.83 million||View||N/A|
|8/6/2014||Q214||$0.30||$0.27||$24.57 million||$25.00 million||View||N/A|
|5/7/2014||Q114||$0.27||$0.27||$26.08 million||$24.30 million||View||N/A|
|3/4/2014||Q413||$0.31||$0.24||$24.61 million||$25.50 million||View||N/A|
|11/5/2013||Q313||$0.25||$0.55||$31.98 million||$29.30 million||View||N/A|
|8/7/2013||Q213||$0.25||$0.36||$24.55 million||$25.10 million||View||N/A|
|5/2/2013||Q113||$0.25||$0.18||$24.08 million||$23.81 million||View||N/A|
|2/28/2013||Q412||$0.29||$0.26||$23.50 million||$24.27 million||View||N/A|
|11/8/2012||$0.36||$0.16||$28.84 million||$23.11 million||View||N/A|
Earnings Estimates for Getty Realty Corporation (NYSE:GTY)
Current Year EPS Consensus Estimate: $2 EPS
Next Year EPS Consensus Estimate: $1.98 EPS
Current Dividend Information for Getty Realty Corporation (NYSE:GTY)
|Dividend Growth:||11.30% (3 Year Average)|
|Payout Ratio:||92.56% (Trailing 12 Months of Earnings) |
56.00% (Based on This Year's Estimates)
56.57% (Based on Next Year's Estimates)
|Track Record:||4 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Getty Realty Corporation (NYSE GTY)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Getty Realty Corporation (NYSE:GTY)
Insider Ownership Percentage: 22.27%Insider Trades by Quarter for Getty Realty Corporation (NYSE:GTY)
Institutional Ownership Percentage: 52.09%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|3/16/2015||Milton Cooper||Director||Buy||30,000||$17.80||$534,000.00|| |
Headline Trends for Getty Realty Corporation (NYSE:GTY)
Latest Headlines for Getty Realty Corporation (NYSE:GTY)
|Ramco-Gershenson (RPT) Closes $350M Amended Credit Facility|
finance.yahoo.com - September 18 at 6:51 PM
|GTY Crosses Above Average Analyst Target|
www.thestreet.com - September 14 at 7:58 PM
|Getty Realty (GTY) Passes Through 4% Yield Mark|
www.nasdaq.com - September 12 at 8:14 PM
|Here's Why You Should Hold on to Macerich Stock for Now|
finance.yahoo.com - September 12 at 8:14 PM
|3 Reasons Why Getty Realty (GTY) is a Great Momentum Stock|
finance.yahoo.com - September 11 at 7:47 PM
|Here's Why You Should Hold on to Lamar (LAMR) Stock for Now|
finance.yahoo.com - September 11 at 7:47 PM
|Comparing Getty Realty Corporation (GTY) and its Peers|
www.americanbankingnews.com - September 11 at 4:10 PM
|Cedar Realty Trust (CDR) versus Getty Realty Corporation (GTY) Head to Head Contrast|
www.americanbankingnews.com - September 10 at 8:32 AM
|Getty Realty Fuels Its Comeback by Filling Its Tank With More Properties|
finance.yahoo.com - September 8 at 7:49 PM
|Getty Realty Corp. Completes the Acquisition of 49 Properties for $123 Million|
finance.yahoo.com - September 6 at 7:14 PM
|Getty Realty Corporation (GTY) Given Consensus Rating of "Buy" by Analysts|
www.americanbankingnews.com - September 6 at 8:40 AM
|Getty Realty Corporation (GTY) Coverage Initiated at Bank of America Corporation|
www.americanbankingnews.com - September 6 at 8:39 AM
|Federal Realty (FRT) Sells 150 Post Street for $69.3 Million|
www.zacks.com - September 4 at 3:35 PM
|Getty Realty Corporation (GTY) Stock Rating Upgraded by ValuEngine|
www.americanbankingnews.com - September 3 at 10:24 AM
|Head to Head Comparison: Acadia Realty Trust (AKR) vs. Getty Realty Corporation (NYSE:GTY)|
www.americanbankingnews.com - August 2 at 12:16 AM
|Getty Realty Corp. breached its 50 day moving average in a Bullish Manner : GTY-US : July 28, 2017|
finance.yahoo.com - July 28 at 10:01 PM
|Edited Transcript of GTY earnings conference call or presentation 27-Jul-17 12:30pm GMT|
finance.yahoo.com - July 28 at 12:52 AM
|Getty Realty Corporation (GTY) Issues Earnings Results|
www.americanbankingnews.com - July 27 at 10:48 PM
|Investor Network: Getty Realty Corp. to Host Earnings Call|
finance.yahoo.com - July 27 at 7:50 PM
|Getty Realty Corporation Declares Quarterly Dividend of $0.28 (GTY)|
www.americanbankingnews.com - July 27 at 3:41 PM
|Getty Realty Corp. Announces Second Quarter 2017 Results|
www.businesswire.com - July 26 at 7:56 PM
|Getty Realty Corporation (NYSE:GTY) Now Covered by Analysts at Canaccord Genuity|
www.americanbankingnews.com - July 18 at 11:33 AM
|Corporate News Blog - Getty Realty Acquires Interests in 42 South Carolina Properties from Applegreen|
finance.yahoo.com - July 14 at 2:49 AM
|Getty Realty Corp. Announces Pricing of Public Offering of 4,100,000 Shares of Common Stock|
finance.yahoo.com - July 11 at 12:14 AM
|Getty Realty Corp. to Acquire 42 Properties for $70 Million|
finance.yahoo.com - July 10 at 7:14 PM
|Getty Realty Corp. Launches Public Offering of Shares of Common Stock|
finance.yahoo.com - July 10 at 7:14 PM
|Getty Realty Corp. to Report Second Quarter 2017 Financial Results|
finance.yahoo.com - July 7 at 5:57 AM
|Getty Realty Corp. breached its 50 day moving average in a Bullish Manner : GTY-US : July 4, 2017|
finance.yahoo.com - July 5 at 7:51 AM
|Getty Realty Corporation (NYSE:GTY) Raised to Strong-Buy at Zacks Investment Research|
www.americanbankingnews.com - July 1 at 12:14 AM
|Getty Realty (GTY) Announces Acquisition of 49 Properties for $123M|
www.streetinsider.com - June 27 at 5:47 PM
|Getty Realty Corp. Enters into Definitive Agreement to Acquire 49 Properties for $123 Million|
finance.yahoo.com - June 27 at 5:47 PM
|Getty Realty Corp. breached its 50 day moving average in a Bearish Manner : GTY-US : June 21, 2017|
finance.yahoo.com - June 21 at 7:14 PM
|Getty Realty Corp. : GTY-US: Dividend Analysis : June 22nd, 2017 (record date) : By the numbers : June 20, 2017|
finance.yahoo.com - June 20 at 6:22 PM
|Getty Realty Corp. breached its 50 day moving average in a Bullish Manner : GTY-US : June 5, 2017|
finance.yahoo.com - June 5 at 10:43 AM
|Getty Realty Corp. (GTY) Rating Increased to Buy at ValuEngine|
www.americanbankingnews.com - June 4 at 1:04 PM
|Getty Realty Corp. (GTY) Stock Rating Upgraded by Zacks Investment Research|
www.americanbankingnews.com - June 2 at 12:52 AM
|ETFs with exposure to Getty Realty Corp. : May 23, 2017|
finance.yahoo.com - May 23 at 5:12 PM
|Getty Realty Corp. (GTY) Rating Lowered to Hold at ValuEngine|
www.americanbankingnews.com - May 23 at 5:04 PM
|Getty Realty Corp. (GTY) Lifted to Buy at Zacks Investment Research|
www.americanbankingnews.com - May 23 at 12:02 AM
|Zacks Investment Research Lowers Getty Realty Corp. (GTY) to Hold|
www.americanbankingnews.com - May 19 at 10:18 PM
|Getty Realty Corp. (GTY) Rating Increased to Buy at Zacks Investment Research|
www.americanbankingnews.com - May 12 at 11:20 PM
|Zacks Investment Research Downgrades Getty Realty Corp. (GTY) to Hold|
www.americanbankingnews.com - May 11 at 10:52 PM
|Getty Realty's (GTY) CEO Christopher Constant on Q1 2017 Results - Earnings Call Transcript|
seekingalpha.com - May 6 at 2:14 AM
|Edited Transcript of GTY earnings conference call or presentation 5-May-17 12:30pm GMT|
finance.yahoo.com - May 5 at 9:12 PM
|Getty Realty Corp. (GTY) Announces Quarterly Dividend of $0.28|
www.americanbankingnews.com - May 5 at 6:46 PM
|Getty Realty reports 1Q results|
finance.yahoo.com - May 4 at 10:45 PM
|Getty Realty Corp. (GTY) Issues FY17 Earnings Guidance|
www.americanbankingnews.com - May 4 at 7:30 PM
|Getty Realty Corp. (GTY) Receiving Somewhat Positive Media Coverage, Report Shows|
www.americanbankingnews.com - May 4 at 7:01 PM
|Getty Realty Corp. Announces First Quarter 2017 Results|
finance.yahoo.com - May 4 at 5:42 PM
|New Strong Buy Stocks for May 3rd|
finance.yahoo.com - May 3 at 3:03 PM
Getty Realty Corporation (GTY) Chart for Tuesday, September, 19, 2017