Getty Realty (NYSE:GTY) Sets New 52-Week High Following Earnings Beat

Getty Realty Corporation (NYSE:GTYGet Free Report) reached a new 52-week high during mid-day trading on Thursday following a better than expected earnings announcement. The company traded as high as $32.54 and last traded at $32.13, with a volume of 48917 shares trading hands. The stock had previously closed at $31.07.

The real estate investment trust reported $0.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.62 by $0.01. The company had revenue of $60.55 million during the quarter, compared to analysts’ expectations of $55.94 million. Getty Realty had a net margin of 35.72% and a return on equity of 8.04%. The company’s revenue was up 14.2% on a year-over-year basis.

Getty Realty Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 9th. Shareholders of record on Thursday, March 26th will be issued a dividend of $0.485 per share. This represents a $1.94 dividend on an annualized basis and a yield of 5.9%. The ex-dividend date is Thursday, March 26th. Getty Realty’s dividend payout ratio is 151.56%.

Key Getty Realty News

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

  • Positive Sentiment: Q4 results beat consensus: FFO/earnings slightly topped estimates and revenue came in above expectations, signaling steady operational performance. Read More.
  • Positive Sentiment: Active deployment: Getty invested $135.4M in Q4 and $268.8M for full-year 2025 at a ~7.9% initial cash yield, supporting future cash flow growth and portfolio expansion. Read More.
  • Positive Sentiment: High dividend yield announced: Getty declared a quarterly dividend of $0.485 (annualized yield ~6.2%), which boosts income appeal for yield-focused investors. Read More.
  • Positive Sentiment: Company emphasizes liquidity and a growth outlook tied to disciplined acquisitions — a management message that supports confidence in continued portfolio cash-generation. Read More.
  • Neutral Sentiment: Earnings call materials and transcript are available for detail (useful for investors wanting color on rent trends, leasing, and financing). Read More. | Read More.
  • Neutral Sentiment: Preview coverage and one-page earnings snapshots are available for quick analyst expectations and model updates. Read More. | Read More.
  • Negative Sentiment: Beat was modest (FFO topped estimates by only ~$0.01) and commentary pointed to moderate growth rather than a step-up in guidance; investors seeking strong near-term upside catalysts may see limited surprise potential. Read More.

Analyst Ratings Changes

Several analysts have recently issued reports on the company. Janney Montgomery Scott started coverage on Getty Realty in a research report on Thursday, October 16th. They issued a “buy” rating and a $30.00 price objective on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Getty Realty in a research note on Thursday, January 22nd. Two analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $31.25.

Check Out Our Latest Analysis on Getty Realty

Institutional Trading of Getty Realty

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Allworth Financial LP boosted its holdings in Getty Realty by 6,425.8% in the 2nd quarter. Allworth Financial LP now owns 21,274 shares of the real estate investment trust’s stock worth $588,000 after acquiring an additional 20,948 shares during the period. Versor Investments LP purchased a new stake in shares of Getty Realty during the third quarter valued at approximately $1,312,000. Delta Investment Management LLC lifted its position in shares of Getty Realty by 73.1% during the third quarter. Delta Investment Management LLC now owns 55,330 shares of the real estate investment trust’s stock worth $1,484,000 after purchasing an additional 23,369 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Getty Realty by 54.1% during the second quarter. JPMorgan Chase & Co. now owns 479,414 shares of the real estate investment trust’s stock worth $13,251,000 after purchasing an additional 168,345 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of Getty Realty by 3.3% in the second quarter. Geode Capital Management LLC now owns 1,418,927 shares of the real estate investment trust’s stock valued at $39,224,000 after purchasing an additional 44,766 shares during the period. Hedge funds and other institutional investors own 85.11% of the company’s stock.

Getty Realty Stock Performance

The firm has a market capitalization of $1.90 billion, a price-to-earnings ratio of 24.57, a price-to-earnings-growth ratio of 2.87 and a beta of 0.84. The company has a debt-to-equity ratio of 0.93, a quick ratio of 2.00 and a current ratio of 2.00. The stock’s fifty day moving average is $29.00 and its two-hundred day moving average is $28.20.

About Getty Realty

(Get Free Report)

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.

Further Reading

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