Getty Realty - GTY Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Getty Realty in the last year. There are currently 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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.

6 Wall Street analysts have issued 12 month price objectives for Getty Realty's shares. Their GTY share price forecasts range from $30.00 to $37.00. On average, they predict the company's stock price to reach $33.00 in the next twelve months. This suggests that the stock has a possible downside of 7.2%.
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 beginning of the year. Since then, GTY shares have increased by 5.1% and is now trading at $35.57.
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Getty Realty saw a increase in short interest during the month of December. As of December 30th, there was short interest totaling 4,490,000 shares, an increase of 10.6% from the December 15th total of 4,060,000 shares. Based on an average daily trading volume, of 338,000 shares, the days-to-cover ratio is currently 13.3 days. Currently, 10.6% of the shares of the company are sold short.
View Getty Realty's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 22nd 2023.
View our GTY earnings forecast.

Getty Realty will be holding an earnings conference call on Thursday, February 23rd 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 "13734995".

Getty Realty Corp. (NYSE:GTY) issued its earnings results on Wednesday, October, 27th. The real estate investment trust reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by $0.19. The real estate investment trust earned $39.67 million during the quarter, compared to analysts' expectations of $38.61 million. Getty Realty had a trailing twelve-month return on equity of 10.77% and a net margin of 49.91%. During the same quarter in the prior year, the firm posted $0.47 EPS.

Getty Realty announced a quarterly dividend on Tuesday, October 25th. Investors of record on Thursday, December 22nd will be paid a dividend of $0.43 per share on Thursday, January 5th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 4.84%. The ex-dividend date of this dividend is Wednesday, December 21st. This is a boost from the stock's previous quarterly dividend of $0.41.
Read our dividend analysis for GTY.

Getty Realty (NYSE:GTY) pays an annual dividend of $1.72 per share and currently has a dividend yield of 4.80%. 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 102.38%. 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 81.13% 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 updated its FY 2023 earnings guidance on Tuesday, January, 10th. The company provided earnings per share guidance of $2.19-$2.21 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 variety of retail and institutional investors. Top institutional investors include Natixis Advisors L.P. (0.82%), Oxbow Advisors LLC (0.63%), Manning & Napier Group LLC (0.54%), Ingalls & Snyder LLC (0.45%), Congress Asset Management Co. MA (0.28%) and Meritage Portfolio Management (0.20%). Insiders that own company stock include Leo Liebowitz and Philip E Coviello Jr.
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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 $35.57.

Getty Realty (NYSE:GTY) has a market capitalization of $1.66 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 $1.68 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.