Getty Realty (NYSE:GTY) Releases Earnings Results
by Renee Jackson · The Cerbat GemGetty Realty (NYSE:GTY – Get Free Report) announced its quarterly earnings data on Wednesday. The real estate investment trust reported $0.63 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.29, Zacks reports. Getty Realty had a return on equity of 7.86% and a net margin of 35.72%.The company had revenue of $57.84 million during the quarter, compared to the consensus estimate of $58.41 million. During the same quarter last year, the company earned $0.59 EPS. The company’s quarterly revenue was up 10.5% on a year-over-year basis. Getty Realty updated its FY 2026 guidance to 2.500-2.52 EPS.
Getty Realty Price Performance
NYSE GTY traded down $0.83 during trading hours on Wednesday, reaching $33.21. 574,958 shares of the company’s stock were exchanged, compared to its average volume of 533,077. The stock has a market cap of $1.99 billion, a PE ratio of 24.78, a price-to-earnings-growth ratio of 2.52 and a beta of 0.81. Getty Realty has a one year low of $25.39 and a one year high of $34.72. The firm has a fifty day moving average of $32.97 and a 200-day moving average of $29.91. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 0.93.
Getty Realty Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Thursday, June 25th will be given a dividend of $0.485 per share. The ex-dividend date is Thursday, June 25th. This represents a $1.94 dividend on an annualized basis and a yield of 5.8%. Getty Realty’s dividend payout ratio is 144.78%.
Analyst Ratings Changes
A number of brokerages have recently issued reports on GTY. UBS Group increased their target price on Getty Realty from $29.00 to $33.00 and gave the stock a “neutral” rating in a report on Monday, March 9th. Weiss Ratings raised Getty Realty from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, April 15th. Finally, Royal Bank Of Canada increased their target price on Getty Realty from $30.00 to $33.00 and gave the stock a “sector perform” rating in a report on Tuesday, February 17th. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $32.20.
View Our Latest Analysis on Getty Realty
Getty Realty News Summary
Here are the key news stories impacting Getty Realty this week:
- Positive Sentiment: Raised FY‑2026 earnings guidance sharply (EPS guidance of 2.50–2.52 vs. Street ~1.81), signaling stronger-than-expected profit outlook — a bullish operational catalyst for the stock. Getty Realty Raises 2026 AFFO Guidance on Strong Growth
- Positive Sentiment: Q1 results beat on key metrics: FFO/AFFO and EPS topped consensus, with continued investment activity (invested $30.3M across 29 properties) and a committed pipeline >$125M — supports growth and cash‑flow outlook. Getty Realty Corp. Announces First Quarter 2026 Results
- Positive Sentiment: Declared a regular quarterly cash dividend of $0.485 per share (annualized yield ~5.7%), which supports the stock’s income appeal for REIT investors. Getty Realty Corp. Announces Regular Quarterly Cash Dividend
- Neutral Sentiment: Capital structure actions included a $250M private placement of senior unsecured notes and repayment of the revolver — reduces near‑term liquidity risk but increases long‑term leverage/interest obligations. Getty Realty Corp. Announces First Quarter 2026 Results
- Neutral Sentiment: Top‑line was roughly flat to slightly below some street revenue expectations (minor miss on quarterly revenue), but margin metrics and FFO held up — mixed signal on near‑term operating cadence. Q1 Results Slide Deck / Press Release
- Negative Sentiment: Raised gross proceeds of ~$129.9M from a follow‑on common stock offering tied to forward sales agreements — immediate capital boost but introduces dilution risk that likely pressured the stock despite operational beats. Getty Realty Corp. Announces First Quarter 2026 Results
- Negative Sentiment: Market reaction: shares are trading lower on higher volume — suggests investors are focused on dilution and share issuance risk even as fundamentals improve. (Trading data and intraday volume noted in market summaries.)
Institutional Investors Weigh In On Getty Realty
A number of large investors have recently bought and sold shares of GTY. Advisors Asset Management Inc. bought a new stake in Getty Realty in the 1st quarter valued at $31,000. EverSource Wealth Advisors LLC lifted its stake in shares of Getty Realty by 3,996.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,188 shares of the real estate investment trust’s stock worth $33,000 after buying an additional 1,159 shares during the last quarter. Advisory Services Network LLC bought a new position in Getty Realty during the third quarter worth about $56,000. CIBC Private Wealth Group LLC bought a new position in Getty Realty during the third quarter worth about $58,000. Finally, State of Wyoming bought a new position in Getty Realty during the fourth quarter worth about $65,000. 85.11% of the stock is currently owned by institutional investors.
About Getty Realty
Getty Realty Corp is a publicly traded real estate investment trust (REIT) that specializes in the acquisition, ownership and leasing of service station and convenience retail properties. The company’s portfolio consists primarily of fee-simple and ground-leased sites, which are leased to major national and regional fuel and convenience store operators under long-term, triple-net leases. This structure provides Getty Realty with a stable stream of contractual rental income and limited operational responsibilities.
Founded in 1981, Getty Realty became a publicly listed company in 2005 and trades on the New York Stock Exchange under the ticker symbol GTY.