Getty Realty (GTY) to Release Quarterly Earnings on Wednesday

Getty Realty (NYSE:GTY - Get Free Report) is anticipated to announce its earnings results after the market closes on Wednesday, April 23rd. Analysts expect the company to announce earnings of $0.59 per share and revenue of $52.71 million for the quarter. Investors that wish to register for the company's conference call can do so using this link.

Getty Realty (NYSE:GTY - Get Free Report) last announced its quarterly earnings results on Wednesday, February 12th. The real estate investment trust reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.29. Getty Realty had a net margin of 34.94% and a return on equity of 7.43%. On average, analysts expect Getty Realty to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Getty Realty Price Performance

Shares of Getty Realty stock traded up $0.06 during trading on Friday, hitting $28.97. 415,531 shares of the company's stock traded hands, compared to its average volume of 311,557. The company has a market cap of $1.59 billion, a PE ratio of 22.99 and a beta of 0.85. The firm's fifty day moving average price is $30.14 and its 200 day moving average price is $30.92. Getty Realty has a twelve month low of $25.70 and a twelve month high of $33.85. The company has a debt-to-equity ratio of 0.94, a current ratio of 2.28 and a quick ratio of 2.28.

Getty Realty Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, April 10th. Stockholders of record on Thursday, March 27th were issued a $0.47 dividend. The ex-dividend date was Thursday, March 27th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 6.49%. Getty Realty's payout ratio is presently 149.21%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on GTY shares. UBS Group began coverage on shares of Getty Realty in a research note on Friday, March 28th. They issued a "neutral" rating and a $32.00 target price on the stock. JMP Securities reaffirmed a "market outperform" rating and set a $34.00 price objective on shares of Getty Realty in a report on Friday, January 10th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $33.60.

Getty Realty Company Profile