Getty Realty (NYSE:GTY) Issues FY 2026 Earnings Guidance

Getty Realty (NYSE:GTY) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 2.480-2.500 for the period, compared to the consensus estimate of 1.800. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on GTY shares. Weiss Ratings reissued a “hold (c)” rating on shares of Getty Realty in a report on Thursday, January 22nd. Royal Bank Of Canada raised their target price on Getty Realty from $30.00 to $33.00 and gave the company a “sector perform” rating in a research note on Tuesday, February 17th. Two research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $31.60.

Getty Realty Stock Up 0.1%

GTY opened at $32.85 on Friday. Getty Realty has a 1-year low of $25.39 and a 1-year high of $34.02. The business has a 50 day moving average of $29.94 and a 200-day moving average of $28.54. The stock has a market capitalization of $1.96 billion, a price-to-earnings ratio of 24.51, a P/E/G ratio of 2.43 and a beta of 0.84. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 0.93.

Getty Realty (NYSE:GTY) last announced its quarterly earnings data on Wednesday, February 11th. The real estate investment trust reported $0.63 earnings per share (EPS) for the quarter, beating 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 7.86%. The business’s quarterly revenue was up 14.2% on a year-over-year basis. As a group, sell-side analysts anticipate that Getty Realty will post 2.29 earnings per share for the current year.

Getty Realty Announces Dividend

The firm 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 of this dividend is Thursday, March 26th. Getty Realty’s payout ratio is currently 144.78%.

Institutional Investors Weigh In On Getty Realty

Several institutional investors have recently added to or reduced their stakes in the stock. The Manufacturers Life Insurance Company raised its holdings in shares of Getty Realty by 2.2% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 25,441 shares of the real estate investment trust’s stock valued at $703,000 after purchasing an additional 548 shares during the period. Daiwa Securities Group Inc. lifted its position in shares of Getty Realty by 4.3% during the 2nd quarter. Daiwa Securities Group Inc. now owns 17,981 shares of the real estate investment trust’s stock valued at $497,000 after acquiring an additional 739 shares during the period. Franklin Resources Inc. grew its stake in Getty Realty by 5.0% during the third quarter. Franklin Resources Inc. now owns 18,582 shares of the real estate investment trust’s stock worth $499,000 after buying an additional 888 shares in the last quarter. California State Teachers Retirement System increased its stake in Getty Realty by 2.0% in the second quarter. California State Teachers Retirement System now owns 47,596 shares of the real estate investment trust’s stock valued at $1,316,000 after acquiring an additional 915 shares during the last quarter. Finally, Cetera Investment Advisers increased its stake in shares of Getty Realty by 5.2% in the 4th quarter. Cetera Investment Advisers now owns 18,627 shares of the real estate investment trust’s stock valued at $510,000 after purchasing an additional 922 shares during the last quarter. 85.11% of the stock is owned by institutional investors.

About Getty Realty

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.