Getty Realty (NYSE:GTY) Issues FY 2025 Earnings Guidance

Getty Realty (NYSE:GTY - Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 2.400-2.420 for the period, compared to the consensus earnings per share estimate of 2.420. The company issued revenue guidance of -. Getty Realty also updated its FY25 guidance to $2.40-$2.42 EPS.

Analyst Ratings Changes

A number of research analysts have commented on the company. JPMorgan Chase & Co. increased their price objective on Getty Realty from $31.00 to $33.00 and gave the company a "neutral" rating in a research report on Thursday, September 19th. Bank of America upgraded Getty Realty from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $31.00 to $34.00 in a research report on Monday, October 21st. Finally, KeyCorp raised Getty Realty from a "sector weight" rating to an "overweight" rating and set a $35.00 price objective for the company in a report on Tuesday, December 17th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, Getty Realty currently has a consensus rating of "Moderate Buy" and an average target price of $33.75.

Getty Realty Trading Down 0.3 %

Shares of GTY stock traded down $0.10 during trading hours on Tuesday, reaching $29.54. The company had a trading volume of 416,670 shares, compared to its average volume of 313,742. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.44 and a quick ratio of 2.44. Getty Realty has a 1-year low of $25.70 and a 1-year high of $33.85. The company has a 50 day moving average of $31.63 and a 200 day moving average of $30.92. The firm has a market cap of $1.63 billion, a price-to-earnings ratio of 25.25 and a beta of 0.93.

Getty Realty (NYSE:GTY - Get Free Report) last issued its earnings results on Wednesday, October 23rd. The real estate investment trust reported $0.27 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.55 by ($0.28). The company had revenue of $51.47 million for the quarter, compared to the consensus estimate of $49.79 million. Getty Realty had a return on equity of 6.84% and a net margin of 32.97%. During the same quarter last year, the business posted $0.57 EPS. On average, equities research analysts anticipate that Getty Realty will post 2.23 EPS for the current year.

Getty Realty Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 9th. Shareholders of record on Thursday, December 26th will be paid a $0.47 dividend. This represents a $1.88 annualized dividend and a yield of 6.36%. The ex-dividend date of this dividend is Thursday, December 26th. This is an increase from Getty Realty's previous quarterly dividend of $0.45. Getty Realty's dividend payout ratio is presently 160.68%.

Getty Realty Company Profile