Getty Realty (GTY) Stock Price, News & Analysis

Company Overview

Getty Realty Corp. is a publicly traded, net lease REIT specializing in the acquisition, financing and development of convenience, automotive and other single tenant retail real estate. As of December 31, 2023, the Company's portfolio included 1,093 freestanding properties located in 40 states across the United States and Washington, D.C.

Key Stats

• Today's Range: $32.13 to $32.70
• 50-Day Range: $30.81 to $33.31
• 52-Week Range: $25.70 to $33.85
• Volume: 43,616 shs
• Average Volume: 282,855 shs
• Market Capitalization: $1.78 billion
• P/E Ratio: 27.60
• Dividend Yield: 5.57%
• Price Target: $33.33
• Consensus Rating: Moderate Buy

Getty Realty Stock Analysis - MarketRank™

Getty Realty scored higher than 45% of companies evaluated by MarketBeat, and ranked 689th out of 945 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Getty Realty has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Getty Realty has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 2.69%

Earnings Growth

Earnings for Getty Realty are expected to grow by 2.69% in the coming year, from $2.23 to $2.29 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Getty Realty is 27.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.07.

Price to Earnings Ratio vs. Sector

The P/E ratio of Getty Realty is 27.60, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 45.13.

Price to Book Value per Share Ratio

Getty Realty has a P/B Ratio of 1.78. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.98% of the outstanding shares of Getty Realty have been sold short.

Short Interest Ratio / Days to Cover

Getty Realty has a short interest ratio ("days to cover") of 8.9.

Change versus previous month

Short interest in Getty Realty has recently increased by 1.39%, indicating that investor sentiment is decreasing.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

Getty Realty is a leading dividend payer. It pays a dividend yield of 5.47%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Getty Realty has been increasing its dividend for 13 years.

Dividend Coverage

The dividend payout ratio of Getty Realty is 153.85%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Getty Realty will have a dividend payout ratio of 78.60% in the coming year. This indicates that Getty Realty may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.98% of the outstanding shares of Getty Realty have been sold short.

Short Interest Ratio / Days to Cover

Getty Realty has a short interest ratio ("days to cover") of 8.9.

Change versus previous month

Short interest in Getty Realty has recently increased by 1.39%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 1.15

News Sentiment

Getty Realty has a news sentiment score of 1.15. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.82 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Getty Realty this week, compared to 3 articles on an average week.

MarketBeat Follows

Only 1 people have added Getty Realty to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Getty Realty insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 9.20% of the stock of Getty Realty is held by insiders.

Percentage Held by Institutions

85.11% of the stock of Getty Realty is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

GTY Stock Analysis - Frequently Asked Questions

How have GTY shares performed this year?

Getty Realty's stock was trading at $29.22 at the beginning of the year. Since then, GTY stock has increased by 10.5% and is now trading at $32.29.
View the best growth stocks for 2024 here.

How were Getty Realty's earnings last quarter?

Getty Realty Corp. (NYSE:GTY) posted its earnings results on Wednesday, October, 23rd. The real estate investment trust reported $0.27 EPS for the quarter, missing analysts' consensus estimates of $0.55 by $0.28. The real estate investment trust earned $51.47 million during the quarter, compared to the consensus estimate of $49.79 million. Getty Realty had a net margin of 32.97% and a trailing twelve-month return on equity of 6.84%.

Who are Getty Realty's major shareholders?

Top institutional investors of Getty Realty include State Street Corp (7.13%), Geode Capital Management LLC (2.33%), Charles Schwab Investment Management Inc. (1.41%) and Natixis Advisors LLC (1.10%).
View institutional ownership trends.

How do I buy shares of Getty Realty?

Shares of GTY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Getty Realty own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Getty Realty investors own include Chevron (CVX), Comcast (CMCSA), Bristol-Myers Squibb (BMY), Charles Schwab (SCHW), Edwards Lifesciences (EW), McKesson (MCK) and Toronto-Dominion Bank (TD).

Company Calendar

• Ex-Dividend for 10/10 Dividend: 9/26/2024
• Dividend Payable: 10/10/2024
• Last Earnings: 10/23/2024
• Today: 12/03/2024
• Ex-Dividend for 1/9 Dividend: 12/26/2024
• Fiscal Year End: 12/31/2024
• Dividend Payable: 1/09/2025
• Next Earnings (Estimated): 2/12/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate
• Sub-Industry: Retail REITs
• Current Symbol: NYSE:GTY
• CUSIP: 37429710
• CIK: 1052752
• Web: www.gettyrealty.com
• Phone: (646) 349-6000
• Fax: 516-478-5476
• Employees: 32
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $33.33
• High Stock Price Target: $34.00
• Low Stock Price Target: $33.00
• Potential Upside/Downside: +2.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.17
• Trailing P/E Ratio: 27.92
• Forward P/E Ratio: 14.65
• P/E Growth: N/A
• Net Income: $60.15 million
• Net Margins: 32.97%
• Pretax Margin: 32.97%
• Return on Equity: 6.84%
• Return on Assets: 3.50%

Debt

• Debt-to-Equity Ratio: 0.87
• Current Ratio: 2.44
• Quick Ratio: 2.44

Sales & Book Value

• Annual Sales: $185.85 million
• Price / Sales: 9.67
• Cash Flow: $2.12 per share
• Price / Cash Flow: 15.38
• Book Value: $18.13 per share
• Price / Book: 1.80

Miscellaneous

• Outstanding Shares: 55,020,000
• Free Float: 49,955,000
• Market Cap: $1.80 billion
• Optionable: Optionable
• Beta: 0.92