Getty Realty (NYSE:GTY) Price Target Raised to $36.00 at Robert W. Baird

Getty Realty (NYSE:GTY) had its target price increased by Robert W. Baird from $34.00 to $36.00 in a report published on Thursday,Benzinga reports. Robert W. Baird currently has a neutral rating on the real estate investment trust’s stock.

Several other brokerages also recently commented on GTY. Citigroup restated an “outperform” rating on shares of Getty Realty in a research report on Thursday. Citizens Jmp lifted their price objective on shares of Getty Realty from $35.00 to $39.00 and gave the stock a “market outperform” rating in a research report on Thursday. Weiss Ratings raised shares of Getty Realty from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, May 13th. Royal Bank Of Canada restated a “sector perform” rating and issued a $35.00 target price on shares of Getty Realty in a report on Friday, April 24th. Finally, KeyCorp raised their target price on Getty Realty from $33.00 to $36.00 and gave the stock an “overweight” rating in a research report on Thursday, May 14th. Six 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 has an average rating of “Moderate Buy” and an average price target of $35.14.

Getty Realty Price Performance

NYSE GTY opened at $34.69 on Thursday. The stock’s 50-day moving average price is $33.69 and its two-hundred day moving average price is $32.57. 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 PE ratio of 21.15, a PEG ratio of 2.95 and a beta of 0.72. Getty Realty has a 1 year low of $25.39 and a 1 year 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 the consensus estimate of $0.37 by ($0.01). Getty Realty had a return on equity of 9.41% and a net margin of 42.74%.The firm had revenue of $59.05 million during the quarter, compared to analyst estimates of $58.45 million. The company’s revenue for the quarter 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, analysts predict that Getty Realty will post 2.42 EPS for the current year.

Getty Realty Announces Dividend

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

Hedge Funds Weigh In On Getty Realty

Several institutional investors have recently bought and sold shares of the stock. Schonfeld Strategic Advisors LLC increased its holdings in shares of Getty Realty by 2,308.6% during the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 457,536 shares of the real estate investment trust’s stock valued at $12,276,000 after acquiring an additional 438,540 shares during the last quarter. Marshall Wace LLP lifted its holdings in Getty Realty by 164.7% in the 4th quarter. Marshall Wace LLP now owns 637,865 shares of the real estate investment trust’s stock worth $17,458,000 after purchasing an additional 396,897 shares during the last quarter. Heartland Advisors Inc. bought a new stake in Getty Realty during the first quarter worth approximately $11,130,000. Millennium Management LLC boosted its position in Getty Realty by 42.3% during the third quarter. Millennium Management LLC now owns 1,142,413 shares of the real estate investment trust’s stock worth $30,651,000 after purchasing an additional 339,388 shares during the period. Finally, Bank of America Corp DE grew 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 purchasing an additional 336,431 shares during the last quarter. 85.11% of the stock is currently owned by institutional investors.

Trending Headlines about 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.