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.
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4 equities research analysts have issued twelve-month price objectives 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 twelve months. This suggests a possible upside of 6.8% from the stock's current price.
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Getty Realty's stock was trading at $32.09 at the beginning of the year. Since then, GTY stock has decreased by 7.3% and is now trading at $29.74.
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Getty Realty saw a decrease in short interest in the month of July. As of July 31st, there was short interest totaling 974,100 shares, a decrease of 7.2% from the July 15th total of 1,050,000 shares. Based on an average daily trading volume, of 198,300 shares, the days-to-cover ratio is presently 4.9 days. Approximately 2.9% of the company's stock 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, topping the consensus estimate of $0.26 by $0.38. Getty Realty had a trailing twelve-month return on equity of 11.05% and a net margin of 50.94%. During the same period in the previous year, the company earned $0.49 EPS.

Getty Realty announced a quarterly dividend on Wednesday, July 27th. Stockholders 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 dividend yield of 5.51%. 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 5.57%. 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 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 a number of retail and institutional investors. Top institutional investors include Brown Advisory Inc. (1.93%), JPMorgan Chase & Co. (1.38%), Principal Financial Group Inc. (0.62%), Hill Winds Capital LP (0.51%), B&I Capital AG (0.46%) and Exchange Traded Concepts LLC (0.40%). 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.
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One share of GTY stock can currently be purchased for approximately $29.74.

Getty Realty (NYSE:GTY) has a market capitalization of $1.39 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.