NYSE:GTY

Getty Realty (GTY) Stock Price, News & Analysis

$27.68
+0.03 (+0.11%)
(As of 05/3/2024 ET)
Today's Range
$27.46
$27.90
50-Day Range
$26.09
$27.68
52-Week Range
$25.90
$35.56
Volume
183,938 shs
Average Volume
231,130 shs
Market Capitalization
$1.49 billion
P/E Ratio
23.66
Dividend Yield
6.50%
Price Target
$31.50

Getty Realty MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
13.8% Upside
$31.50 Price Target
Short Interest
Bearish
3.24% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.49mentions of Getty Realty in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
2.60%
From $2.31 to $2.37 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.61 out of 5 stars

Finance Sector

3291st out of 5,270 stocks

Real Estate Industry

67th out of 132 stocks

GTY stock logo

About Getty Realty Stock (NYSE:GTY)

Getty Realty Corp. is a publicly traded, net lease REIT specializing in the acquisition, financing and development of convenience, automotive and other single tenant retail real estate. As of December 31, 2023, the Company's portfolio included 1,093 freestanding properties located in 40 states across the United States and Washington, D.C.

GTY Stock Price History

GTY Stock News Headlines

Global crypto currency reset (41 major banks signed up)
Behind closed doors, at least 41 major US banks have signed up to a strange new crypto project...
Q1 2024 Getty Realty Corp Earnings Call
Getty Realty earnings preview: what Wall Street is expecting
Getty Realty: Q1 Earnings Snapshot
Global crypto currency reset (41 major banks signed up)
Behind closed doors, at least 41 major US banks have signed up to a strange new crypto project...
Positive Report for Getty Realty (GTY) from JMP Securities
Getty Images Holdings's Earnings Outlook
2 REITs For 'The Millionaire Next Door'
Getty Realty Corp. (GTY) Q4 2023 Earnings Call Transcript
See More Headlines
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Company Calendar

Ex-Dividend for 4/11 Dividend
3/27/2024
Dividend Payable
4/11/2024
Last Earnings
4/26/2024
Today
5/03/2024
Next Earnings (Estimated)
7/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate
Sub-Industry
Retail REITs
CUSIP
37429710
Employees
32
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$31.50
High Stock Price Target
$33.00
Low Stock Price Target
$30.00
Potential Upside/Downside
+13.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$60.15 million
Pretax Margin
32.74%

Debt

Sales & Book Value

Annual Sales
$185.85 million
Cash Flow
$2.17 per share
Book Value
$17.61 per share

Miscellaneous

Free Float
49,002,000
Market Cap
$1.49 billion
Optionable
Optionable
Beta
0.88
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GTY Stock Analysis - Frequently Asked Questions

Should I buy or sell Getty Realty stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Getty Realty in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" GTY shares.
View GTY analyst ratings
or view top-rated stocks.

What is Getty Realty's stock price target for 2024?

2 Wall Street research analysts have issued twelve-month price objectives for Getty Realty's stock. Their GTY share price targets range from $30.00 to $33.00. On average, they anticipate the company's share price to reach $31.50 in the next year. This suggests a possible upside of 13.8% from the stock's current price.
View analysts price targets for GTY
or view top-rated stocks among Wall Street analysts.

How have GTY shares performed in 2024?

Getty Realty's stock was trading at $29.22 on January 1st, 2024. Since then, GTY stock has decreased by 5.3% and is now trading at $27.68.
View the best growth stocks for 2024 here
.

Are investors shorting Getty Realty?

Getty Realty saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 1,750,000 shares, an increase of 5.4% from the March 31st total of 1,660,000 shares. Based on an average daily volume of 277,500 shares, the days-to-cover ratio is presently 6.3 days.
View Getty Realty's Short Interest
.

When is Getty Realty's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024.
View our GTY earnings forecast
.

How were Getty Realty's earnings last quarter?

Getty Realty Corp. (NYSE:GTY) issued its quarterly earnings data on Friday, April, 26th. The real estate investment trust reported $0.30 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.57 by $0.27. The real estate investment trust had revenue of $48.97 million for the quarter, compared to the consensus estimate of $46.63 million. Getty Realty had a trailing twelve-month return on equity of 6.80% and a net margin of 32.74%. During the same period last year, the business posted $0.56 earnings per share.

How often does Getty Realty pay dividends? What is the dividend yield for Getty Realty?

Getty Realty announced a quarterly dividend on Thursday, April 25th. Shareholders of record on Thursday, June 27th will be given a dividend of $0.45 per share on Thursday, July 11th. This represents a $1.80 dividend on an annualized basis and a yield of 6.50%. The ex-dividend date of this dividend is Thursday, June 27th.
Read our dividend analysis for GTY
.

Is Getty Realty a good dividend stock?

Getty Realty (NYSE:GTY) pays an annual dividend of $1.80 per share and currently has a dividend yield of 6.51%. 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 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 153.85%. 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 75.95% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for GTY.

What guidance has Getty Realty issued on next quarter's earnings?

Getty Realty updated its FY 2024 earnings guidance on Thursday, April, 25th. The company provided EPS guidance of 2.290-2.310 for the period, compared to the consensus estimate of 2.140. The company issued revenue guidance of -.

What other stocks do shareholders of Getty Realty own?
Who are Getty Realty's major shareholders?

Getty Realty's stock is owned by many different institutional and retail investors. Top institutional shareholders include Principal Financial Group Inc. (0.47%), Congress Asset Management Co. MA (0.26%), Meritage Portfolio Management (0.16%), Bridge City Capital LLC (0.13%), Chatham Capital Group Inc. (0.11%) and GraniteShares Advisors LLC (0.11%).
View institutional ownership trends
.

How do I buy shares of Getty Realty?

Shares of GTY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:GTY) was last updated on 5/4/2024 by MarketBeat.com Staff

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