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

Getty Realty (NYSE:GTY) issued an update on its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 2.400-2.420 for the period, compared to the consensus estimate of 2.420. The company issued revenue guidance of -. Getty Realty also updated its FY25 guidance to $2.40-$2.42 EPS.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on GTY. Bank of America raised Getty Realty from a “neutral” rating to a “buy” rating and raised their price target for the company from $31.00 to $34.00 in a report on Monday, October 21st. JPMorgan Chase & Co. increased their target price on Getty Realty from $31.00 to $33.00 and gave the stock a “neutral” rating in a research note on Thursday, September 19th. Finally, KeyCorp raised Getty Realty from a “sector weight” rating to an “overweight” rating and set a $35.00 price target for the company in a report on Tuesday, December 17th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $33.75.

Getty Realty Stock Performance

NYSE:GTY opened at $29.52 on Thursday. The company has a debt-to-equity ratio of 0.87, a quick ratio of 2.44 and a current ratio of 2.44. Getty Realty has a fifty-two week low of $25.70 and a fifty-two week high of $33.85. The company has a market cap of $1.62 billion, a price-to-earnings ratio of 25.23 and a beta of 0.93. The stock has a fifty day moving average price of $31.58 and a 200-day moving average price of $30.94.

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

Getty Realty Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 9th. Shareholders of record on Thursday, December 26th will be issued a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a dividend yield of 6.37%. The ex-dividend date is Thursday, December 26th. 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%.

Getty Realty Company Profile