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 year. There are currently 1 sell rating, 1 hold rating and 2 buy ratings 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 1-year price targets for Getty Realty's shares. Their GTY share price forecasts range from $30.00 to $34.00. On average, they predict the company's stock price to reach $31.75 in the next year. This suggests a possible upside of 5.4% 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 $32.09 on January 1st, 2022. Since then, GTY stock has decreased by 6.1% and is now trading at $30.12.
View the best growth stocks for 2022 here.

Getty Realty saw a drop in short interest during the month of July. As of July 31st, there was short interest totaling 974,100 shares, a drop of 7.2% from the July 15th total of 1,050,000 shares. Based on an average daily volume of 198,300 shares, the short-interest ratio is presently 4.9 days. Currently, 2.9% of the shares of the company are short sold.
View Getty Realty's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our GTY earnings forecast.

Getty Realty Corp. (NYSE:GTY) issued its earnings results on Wednesday, July, 27th. The real estate investment trust reported $0.64 EPS for the quarter, beating the consensus estimate of $0.26 by $0.38. Getty Realty had a net margin of 50.94% and a trailing twelve-month return on equity of 11.05%. During the same period in the prior year, the firm earned $0.49 EPS.

Getty Realty announced a quarterly dividend on Wednesday, July 27th. Shareholders of record on Thursday, September 22nd will be given a dividend of $0.41 per share on Thursday, October 6th. This represents a $1.64 annualized dividend and a yield of 5.44%. The ex-dividend date of this dividend is Wednesday, September 21st.
Read our dividend analysis for GTY.

Getty Realty (NYSE:GTY) pays an annual dividend of $1.64 per share and currently has a dividend yield of 5.41%. 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 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 95.91%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, GTY will have a dividend payout ratio of 78.47% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for GTY.

Getty Realty issued an update on its FY 2022 earnings guidance on Thursday, August, 4th. The company provided earnings per share (EPS) guidance of $2.10-$2.12 for the period. 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."

Getty Realty's stock is owned by many different institutional and retail investors. Top institutional shareholders include State Street Corp (5.74%), Renaissance Technologies LLC (2.69%), Brown Advisory Inc. (1.93%), JPMorgan Chase & Co. (1.38%), Northern Trust Corp (1.27%) and Principal Financial Group Inc. (0.62%). Insiders that own company stock include Leo Liebowitz and Philip E Coviello Jr.
View institutional ownership trends.

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.
Compare Top Brokerages Here.

One share of GTY stock can currently be purchased for approximately $30.12.

Getty Realty (NYSE:GTY) has a market capitalization of $1.41 billion and generates $155.41 million in revenue each year. The real estate investment trust earns $62.86 million in net income (profit) each year or $1.71 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.