Getty Realty (NYSE:GTY) Price Target Raised to $39.00 at Citizens Jmp

Getty Realty (NYSE:GTY) had its target price increased by Citizens Jmp from $35.00 to $39.00 in a research note published on Thursday morning,Benzinga reports. The firm currently has a market outperform rating on the real estate investment trust’s stock.

A number of other equities research analysts also recently issued reports on GTY. Royal Bank Of Canada reissued a “sector perform” rating and set a $35.00 price objective on shares of Getty Realty in a research report on Friday, April 24th. KeyCorp raised their target price on Getty Realty from $33.00 to $36.00 and gave the stock an “overweight” rating in a report on Thursday, May 14th. Huntington assumed coverage on Getty Realty in a research report on Wednesday, July 15th. They set an “outperform” rating and a $37.00 target price on the stock. Weiss Ratings raised Getty Realty from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, May 13th. Finally, Citigroup reissued an “outperform” rating on shares of Getty Realty in a report on Thursday. Six research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $35.14.

Getty Realty Stock Performance

GTY opened at $34.69 on Thursday. The company has a current ratio of 2.24, a quick ratio of 2.24 and a debt-to-equity ratio of 0.92. The company has a market cap of $2.10 billion, a price-to-earnings ratio of 21.15, a PEG ratio of 2.95 and a beta of 0.72. The company’s 50 day moving average is $33.69 and its 200 day moving average is $32.57. Getty Realty has a 12-month low of $25.39 and a 12-month high of $36.83.

Getty Realty (NYSE:GTY) last announced its earnings results on Wednesday, July 22nd. The real estate investment trust reported $0.36 EPS for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.01). Getty Realty had a net margin of 42.74% and a return on equity of 9.41%. The business had revenue of $59.05 million for the quarter, compared to analysts’ expectations of $58.45 million. The firm’s quarterly revenue was up 10.9% compared to the same quarter last year. Getty Realty has set its FY 2026 guidance at 2.520-2.540 EPS. On average, equities research analysts predict that Getty Realty will post 2.42 EPS for the current year.

Getty Realty Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders of record on Thursday, September 24th will be given a $0.485 dividend. This represents a $1.94 dividend on an annualized basis and a dividend yield of 5.6%. The ex-dividend date is Thursday, September 24th. Getty Realty’s dividend payout ratio is presently 127.63%.

Institutional Trading of Getty Realty

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Handelsbanken Fonder AB lifted its stake in shares of Getty Realty by 9.8% during the 2nd quarter. Handelsbanken Fonder AB now owns 20,216 shares of the real estate investment trust’s stock valued at $674,000 after buying an additional 1,800 shares in the last quarter. GAMMA Investing LLC increased its stake in Getty Realty by 19.1% in the 2nd quarter. GAMMA Investing LLC now owns 8,991 shares of the real estate investment trust’s stock worth $300,000 after buying an additional 1,444 shares in the last quarter. Optiver Holding B.V. increased its stake in Getty Realty by 380.2% in the 1st quarter. Optiver Holding B.V. now owns 1,556 shares of the real estate investment trust’s stock worth $49,000 after buying an additional 1,232 shares in the last quarter. Bank of America Corp DE raised its holdings in Getty Realty by 75.8% during the first quarter. Bank of America Corp DE now owns 780,288 shares of the real estate investment trust’s stock valued at $24,813,000 after acquiring an additional 336,431 shares during the period. Finally, California State Teachers Retirement System raised its holdings in Getty Realty by 48.9% during the first quarter. California State Teachers Retirement System now owns 71,023 shares of the real estate investment trust’s stock valued at $2,259,000 after acquiring an additional 23,338 shares during the period. 85.11% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Getty Realty

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

• Positive Sentiment: Getty Realty boosted its full-year 2026 EPS guidance to $2.52-$2.54, above Wall Street’s $2.42 estimate, signaling management is more confident about earnings growth ahead. Getty Realty Corp. Announces Second Quarter 2026 Results
• Positive Sentiment: The company also reported revenue of $59.05 million, modestly ahead of expectations, with revenue up 10.9% year over year, and said it completed $172 million of year-to-date investment activity, which supports the growth outlook. Getty Realty Corp. Announces Second Quarter 2026 Results
• Positive Sentiment: Analysts turned more constructive after the report, with Citizens JMP raising its price target to $39 and Robert W. Baird lifting its target to $36, reflecting improved sentiment around the REIT’s outlook. Benzinga analyst updates
• Neutral Sentiment: Getty Realty declared a quarterly dividend of $0.485 per share, reinforcing its income appeal for shareholders, though this was largely expected. GTY dividend announcement
• Neutral Sentiment: The earnings call transcript and related commentary suggest investors are focusing on whether the company can sustain “low drama” growth and continue benefiting from its portfolio and acquisition strategy. Getty Realty Corp. (GTY) Q2 2026 Earnings Call Transcript
• Negative Sentiment: Despite the stronger guidance, GTY missed quarterly EPS and FFO estimates by a penny, which likely weighed on the stock and helps explain the recent decline. Getty Realty (GTY) Lags Q2 FFO and Revenue Estimates

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.