Getty Realty (NYSE:GTY) Updates FY 2025 Earnings Guidance

Getty Realty (NYSE:GTY) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 2.400-2.420 for the period, compared to the consensus earnings per share estimate of 2.420. The company issued revenue guidance of -.

Getty Realty Stock Down 0.3 %

GTY traded down $0.10 during midday trading on Tuesday, hitting $29.54. 352,270 shares of the company’s stock traded hands, compared to its average volume of 313,727. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.44 and a quick ratio of 2.44. The company has a market cap of $1.63 billion, a PE ratio of 25.25 and a beta of 0.93. The stock’s fifty day simple moving average is $31.63 and its 200-day simple moving average is $30.92. Getty Realty has a one year low of $25.70 and a one year high of $33.85.

Getty Realty (NYSE:GTY) last released its quarterly earnings results on Wednesday, October 23rd. The real estate investment trust reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.55 by ($0.28). The company had revenue of $51.47 million for the quarter, compared to the consensus estimate of $49.79 million. Getty Realty had a return on equity of 6.84% and a net margin of 32.97%. During the same quarter last year, the company posted $0.57 EPS. As a group, equities analysts anticipate that Getty Realty will post 2.23 earnings per share for the current fiscal year.

Getty Realty Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 9th. Shareholders of record on Thursday, December 26th will be given a $0.47 dividend. The ex-dividend date is Thursday, December 26th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 6.36%. This is an increase from Getty Realty’s previous quarterly dividend of $0.45. Getty Realty’s dividend payout ratio (DPR) is currently 160.68%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on GTY. Bank of America raised Getty Realty from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $31.00 to $34.00 in a report on Monday, October 21st. JPMorgan Chase & Co. raised their price target on shares of Getty Realty from $31.00 to $33.00 and gave the company a “neutral” rating in a report on Thursday, September 19th. Finally, KeyCorp raised shares of Getty Realty from a “sector weight” rating to an “overweight” rating and set a $35.00 target price on the stock in a research note on Tuesday, December 17th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, Getty Realty has a consensus rating of “Moderate Buy” and a consensus price target of $33.75.

Getty Realty Company Profile