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

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

Getty Realty Stock Down 0.3 %

NYSE:GTY opened at $29.54 on Wednesday. The firm has a market capitalization of $1.63 billion, a P/E ratio of 25.25 and a beta of 0.93. The company’s fifty day moving average price is $31.63 and its 200-day moving average price is $30.92. Getty Realty has a 1-year low of $25.70 and a 1-year high of $33.85. 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 (NYSE:GTY) last posted its earnings results on Wednesday, October 23rd. The real estate investment trust reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.55 by ($0.28). Getty Realty had a net margin of 32.97% and a return on equity of 6.84%. The firm had revenue of $51.47 million during the quarter, compared to analyst estimates of $49.79 million. During the same quarter in the prior year, the firm earned $0.57 earnings per share. As a group, equities research analysts anticipate that Getty Realty will post 2.23 EPS for the current year.

Getty Realty Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 9th. Investors of record on Thursday, December 26th will be issued a $0.47 dividend. This represents a $1.88 annualized dividend and a yield of 6.36%. The ex-dividend date is Thursday, December 26th. This is a positive change from Getty Realty’s previous quarterly dividend of $0.45. Getty Realty’s payout ratio is presently 160.68%.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on GTY shares. KeyCorp upgraded shares of Getty Realty from a “sector weight” rating to an “overweight” rating and set a $35.00 price target for the company in a research report on Tuesday, December 17th. Bank of America upgraded Getty Realty from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $31.00 to $34.00 in a research report on Monday, October 21st. Finally, JPMorgan Chase & Co. increased their target price on shares of Getty Realty from $31.00 to $33.00 and gave the company a “neutral” rating in a research report on Thursday, September 19th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $33.75.

Getty Realty Company Profile