Getty Realty (NYSE:GTY) Price Target Raised to $34.00

Getty Realty (NYSE:GTY) had its price objective raised by Robert W. Baird from $32.00 to $34.00 in a research note released on Thursday morning, MarketBeat Ratings reports. They currently have a neutral rating on the real estate investment trust’s stock.

Several other equities analysts also recently weighed in on GTY. UBS Group lifted their price target on shares of Getty Realty from $29.00 to $33.00 and gave the company a “neutral” rating in a report on Monday, March 9th. Royal Bank Of Canada lifted their price target on shares of Getty Realty from $30.00 to $33.00 and gave the company a “sector perform” rating in a report on Tuesday, February 17th. Finally, Weiss Ratings raised shares of Getty Realty from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, April 15th. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $33.00.

Getty Realty Price Performance

Shares of NYSE:GTY opened at $33.44 on Thursday. The company has a debt-to-equity ratio of 0.92, a current ratio of 2.24 and a quick ratio of 2.20. Getty Realty has a 1-year low of $25.39 and a 1-year high of $34.75. The company has a market capitalization of $2.00 billion, a P/E ratio of 22.00, a P/E/G ratio of 2.49 and a beta of 0.81. The firm’s 50 day simple moving average is $32.99 and its two-hundred day simple moving average is $30.01.

Getty Realty (NYSE:GTY) last issued its quarterly earnings results on Wednesday, April 22nd. The real estate investment trust reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.09. Getty Realty had a net margin of 40.06% and a return on equity of 8.76%. The business had revenue of $57.84 million for the quarter, compared to the consensus estimate of $58.41 million. During the same quarter in the previous year, the firm earned $0.59 earnings per share. The company’s revenue for the quarter was up 10.5% on a year-over-year basis. Getty Realty has set its FY 2026 guidance at 2.500-2.52 EPS. Research analysts expect that Getty Realty will post 2.4 EPS for the current fiscal year.

Getty Realty Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Thursday, June 25th will be issued a $0.485 dividend. This represents a $1.94 annualized dividend and a dividend yield of 5.8%. The ex-dividend date of this dividend is Thursday, June 25th. Getty Realty’s payout ratio is 144.78%.

Hedge Funds Weigh In On Getty Realty

Several hedge funds have recently modified their holdings of the stock. IFM Investors Pty Ltd purchased a new position in shares of Getty Realty in the first quarter worth $279,000. Castellan Group lifted its holdings in shares of Getty Realty by 8.6% in the first quarter. Castellan Group now owns 134,301 shares of the real estate investment trust’s stock worth $4,271,000 after buying an additional 10,625 shares in the last quarter. Louisiana State Employees Retirement System purchased a new position in shares of Getty Realty in the first quarter worth $776,000. Kestra Private Wealth Services LLC lifted its holdings in shares of Getty Realty by 15.8% in the first quarter. Kestra Private Wealth Services LLC now owns 50,003 shares of the real estate investment trust’s stock worth $1,590,000 after buying an additional 6,805 shares in the last quarter. Finally, SG Americas Securities LLC lifted its holdings in shares of Getty Realty by 655.2% in the first quarter. SG Americas Securities LLC now owns 219,123 shares of the real estate investment trust’s stock worth $6,968,000 after buying an additional 190,106 shares in the last quarter. Hedge funds and other institutional investors own 85.11% of the company’s stock.

More Getty Realty News

Here are the key news stories impacting Getty Realty this week:

• Positive Sentiment: Q1 results beat on key metrics — Getty reported EPS above consensus and FFO of $0.63, topping estimates and rising year-over-year; management reiterated steady growth in an upbeat call. Earnings Highlights
• Positive Sentiment: Company raised 2026 AFFO guidance after strong results, signaling confidence in cash flow delivery for the year. AFFO Guidance
• Positive Sentiment: Management commentary on the earnings call emphasized steady portfolio performance and continued leasing/rent growth in core convenience and auto retail properties. Earnings Call Transcript
• Neutral Sentiment: Analyst reaction mixed — Robert W. Baird bumped its price target to $34 but kept a “neutral” rating, implying limited near-term upside from current levels. Baird Note
• Neutral Sentiment: Multiple earnings writeups and transcripts provide deeper context for the quarter and outlook for long-term AFFO growth; these are useful for investors modeling cash flow but do not change the headline beat/miss picture. Investor Presentation
• Negative Sentiment: Revenue missed consensus slightly and reported EPS was down versus the year-ago quarter (Q1 EPS lower than prior-year Q1), raising some caution about near-term growth trajectory. Revenue / Metrics Analysis
• Negative Sentiment: Stock is trading near its 52-week high, and with only modest upside in recent analyst action and some mixed datapoints, profit-taking or a re-rating could pressure the share price. Earnings Transcript

Getty Realty Company Profile

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.