Getty Realty (NYSE:GTY) Releases Quarterly Earnings Results, Beats Estimates By $0.05 EPS

Getty Realty (NYSE:GTY) posted its quarterly earnings data on Wednesday. The real estate investment trust reported $0.40 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.05, Zacks reports. Getty Realty had a net margin of 42.74% and a return on equity of 9.27%. The company had revenue of $62.99 million for the quarter, compared to analyst estimates of $59.18 million. During the same period in the prior year, the company posted $0.62 EPS. The firm’s revenue for the quarter was up 12.0% on a year-over-year basis.

Getty Realty Stock Down 2.3%

Shares of NYSE GTY opened at $27.41 on Thursday. Getty Realty has a 52-week low of $26.91 and a 52-week high of $36.83. The business’s 50 day moving average is $30.51 and its two-hundred day moving average is $32.51. The firm has a market cap of $1.70 billion, a price-to-earnings ratio of 11.22, a PEG ratio of 2.07 and a beta of 0.72. The company has a quick ratio of 2.26, a current ratio of 2.26 and a debt-to-equity ratio of 0.95.

Getty Realty Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 7th. Shareholders of record on Thursday, December 24th will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 7.3%. This is a boost from Getty Realty’s previous quarterly dividend of $0.4850. The ex-dividend date of this dividend is Thursday, December 24th. Getty Realty’s payout ratio is 118.29%.

Trending Headlines about Getty Realty

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

• Positive Sentiment: Third-quarter adjusted funds from operations (AFFO) came in at $0.64 per share, up from $0.62 a year earlier and ahead of estimates. Revenue rose 12% year over year to $62.99 million, also exceeding expectations. Getty Realty Q3 AFFO, Revenue Rise; 2026 AFFO Guidance Raised
• Positive Sentiment: Getty Realty raised its full-year 2026 AFFO guidance, a signal that management expects continued operating momentum. Year-to-date AFFO per share increased 5.0%. Getty Realty Corp. Announces Third Quarter 2026 Results
• Positive Sentiment: The net-lease REIT completed $297.4 million of investments across 68 properties during the quarter, with an additional $46.3 million invested after quarter-end. Its committed pipeline exceeds $75 million, supporting future rental growth. Getty Realty Highlights Record Investments and Strengthened Balance Sheet
• Positive Sentiment: The quarterly dividend was raised 3.1% to $0.50 per share, or $2.00 annualized. At the referenced share price, the dividend yield is approximately 7.2%, which may appeal to income-focused investors. Getty Realty Corp. Announces Increased Quarterly Cash Dividend
• Neutral Sentiment: Despite the earnings beat and raised guidance, GTY remains below its 50-day and 200-day moving averages and near its one-year low. The supplied reports do not identify a new company-specific negative, so the weaker share performance may reflect broader REIT or interest-rate concerns.

Wall Street Analyst Weigh In

GTY has been the topic of a number of research analyst reports. Robert W. Baird boosted their price target on Getty Realty from $34.00 to $36.00 and gave the stock a “neutral” rating in a research note on Thursday, July 23rd. Royal Bank Of Canada raised their target price on Getty Realty from $35.00 to $36.00 and gave the stock a “sector perform” rating in a research note on Friday, July 24th. KeyCorp reissued an “overweight” rating and issued a $36.00 price objective on shares of Getty Realty in a report on Thursday, September 24th. Citigroup reaffirmed a “market outperform” rating on shares of Getty Realty in a report on Wednesday, September 23rd. Finally, Huntington began coverage on shares of Getty Realty in a report on Wednesday, July 15th. They issued an “outperform” rating and a $37.00 price target on the stock. Four equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Getty Realty has a consensus rating of “Moderate Buy” and an average price target of $36.57.

About Getty Realty

Getty Realty Corp. is a real estate investment trust that owns, leases and develops convenience store, gasoline station and automotive service properties. Its portfolio also includes properties used for car washes, truck service, automotive parts and repairs, and other retail and service businesses.

The company generally leases its properties to operators under long-term, often triple-net lease agreements, under which tenants are typically responsible for property taxes, insurance and maintenance.