About Getty Realty Corporation (NYSE:GTY)
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:
- Industry: Retail REITs
- Sub-Industry: Retail REITs
- Sector: Finance
- Symbol: NYSE:GTY
- CUSIP: 37429710
- Web: www.gettyrealty.com
- Debt-to-Equity Ratio: 0.58%
- Current Ratio: 1.37%
- Quick Ratio: 1.37%
Sales & Book Value:
- Trailing P/E Ratio: 15.81
- Forward P/E Ratio: 14.37
- P/E Growth: 6.17
- Annual Sales: $115.27 million
- Price / Sales: 9.72
- Cash Flow: $1.81 per share
- Price / Cash: 15.61
- Book Value: $12.70 per share
- Price / Book: 2.23
- Annual Dividend: $1.12
- Dividend Yield: 4.0%
- Trailing EPS: $1.19
- Net Income: $38.41 million
- Net Margins: 36.66%
- Return on Equity: 9.62%
- Return on Assets: 4.89%
- Employees: 31
- Outstanding Shares: 39,610,000
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 announced a quarterly dividend on Wednesday, October 25th. Investors of record on Thursday, December 21st will be given a dividend of $0.32 per share on Thursday, January 4th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 4.52%. The ex-dividend date is Wednesday, December 20th. This is a positive change from Getty Realty Corporation's previous quarterly dividend of $0.28. View Getty Realty Corporation's Dividend History.
How were Getty Realty Corporation's earnings last quarter?
Getty Realty Corporation (NYSE:GTY) posted its quarterly earnings data on Wednesday, October, 25th. The real estate investment trust reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by $0.21. The real estate investment trust earned $29.50 million during the quarter, compared to analysts' expectations of $27.35 million. Getty Realty Corporation had a net margin of 36.66% and a return on equity of 9.62%. Getty Realty Corporation's revenue for the quarter was up 3.5% on a year-over-year basis. During the same quarter last year, the company earned $0.47 earnings per share. View Getty Realty Corporation's Earnings History.
When will Getty Realty Corporation make its next earnings announcement?
What guidance has Getty Realty Corporation issued on next quarter's earnings?
Getty Realty Corporation issued an update on its FY17 earnings guidance on Wednesday, October, 25th. The company provided earnings per share guidance of $1.60-1.64 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.63.
Where is Getty Realty Corporation's stock going? Where will Getty Realty Corporation's stock price be in 2017?
3 analysts have issued 12-month target prices for Getty Realty Corporation's shares. Their predictions range from $20.00 to $32.00. On average, they anticipate Getty Realty Corporation's stock price to reach $27.33 in the next twelve months. View Analyst Ratings for Getty Realty Corporation.
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), Kite Realty Group Trust (KRG), Four Corners Property Trust (FCPT), Agree Realty Corporation (ADC), Saul Centers (BFS), Washington Prime Group (WPG), Ramco-Gershenson Properties Trust (RPT), Rouse Properties (RSE), Pennsylvania Real Estate Investment Trust (PEI), Cedar Realty Trust (CDR), AmREIT (AMRE), Capital & Regional plc (CAL) and Wheeler Real Estate Investment Trust (WHLR).
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 (Age 38)
- Danion Fielding, Chief Financial Officer, Vice President, Treasurer (Age 45)
- Mark J. Olear, Chief Operating Officer, Executive Vice President, Chief Investment Officer (Age 53)
- Joshua Dicker, Senior Vice President, General Counsel, Secretary (Age 56)
- Leo Liebowitz, Non-Executive Chairman of the Board (Age 89)
- Howard B. Safenowitz, Lead Independent Director (Age 58)
- Milton Cooper, Independent Director (Age 88)
- Philip E. Coviello Jr., Independent Director (Age 74)
- Richard E. Montag, Independent Director (Age 84)
Who owns Getty Realty Corporation stock?
Getty Realty Corporation's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Bank of New York Mellon Corp (1.83%), JPMorgan Chase & Co. (1.54%), Ameriprise Financial Inc. (1.23%), Dimensional Fund Advisors LP (1.09%), Robeco Institutional Asset Management B.V. (1.06%) and Boston Partners (0.65%). 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 Robeco Institutional Asset Management B.V., Schroder Investment Management Group, New York State Common Retirement Fund, Macquarie Group Ltd., Virginia Retirement Systems ET AL, Aperio Group LLC, Great West Life Assurance Co. Can and Shufro Rose & Co. 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 JPMorgan Chase & Co., Boston Partners, Manning & Napier Advisors LLC, Asset Management One Co. Ltd., Wells Fargo & Company MN, Russell Investments Group Ltd., Allianz Asset Management GmbH and Ameriprise Financial Inc.. 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 with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Getty Realty Corporation's stock price today?
One share of Getty Realty Corporation stock can currently be purchased for approximately $28.30.
How big of a company is Getty Realty Corporation?
Getty Realty Corporation has a market capitalization of $1.12096 billion and generates $115.27 million in revenue each year. The real estate investment trust earns $38.41 million in net income (profit) each year or $1.19 on an earnings per share basis. Getty Realty Corporation employs 31 workers across the globe.
How can I contact Getty Realty Corporation?
Getty Realty Corporation's mailing address is Two Jericho Plaza Suite 110, Jericho NY, 11753. The real estate investment trust can be reached via phone at 516-478-5400 or via email at [email protected]
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.
Analysts' Consensus Rating for Getty Realty Corporation (NYSE:GTY) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks 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). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst 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, 0 Hold Ratings, 2 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Hold (Score: 2.33)|
|Consensus Price Target: ||$27.33 (3.42% downside)|
Consensus Price Target History for Getty Realty Corporation (NYSE:GTY)
Analysts' Ratings History for Getty Realty Corporation (NYSE:GTY)
(Data available from 11/20/2015 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 and Estimates Chart 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|
|3/7/2018|| || || || || || || || |
|10/25/2017||Q3 2017||$0.45||$0.24||$27.35 million||$29.50 million||View||N/A|
|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: $1.97 EPS
Next Year EPS Consensus Estimate: $1.94 EPS
Current Dividend Information for Getty Realty Corporation (NYSE:GTY)
|Dividend Growth:||11.30% (3 Year Average)|
|Payout Ratio:||94.12% (Trailing 12 Months of Earnings) |
56.85% (Based on This Year's Estimates)
57.73% (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%
Institutional Ownership Percentage: 54.70%
Insider Trades by Quarter for Getty Realty Corporation (NYSE GTY)
(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|| |
Latest Headlines for Getty Realty Corporation (NYSE GTY)
Getty Realty Corporation (NYSE GTY) Chart for Monday, November, 20, 2017