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

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

Wall Street Analysts Forecast Growth

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

Getty Realty Stock Performance

NYSE:GTY opened at $29.52 on Thursday. Getty Realty has a 1 year low of $25.70 and a 1 year high of $33.85. The company has a current ratio of 2.44, a quick ratio of 2.44 and a debt-to-equity ratio of 0.87. The firm has a market capitalization of $1.62 billion, a PE ratio of 25.23 and a beta of 0.93. The firm’s fifty day simple moving average is $31.58 and its 200 day simple moving average is $30.94.

Getty Realty (NYSE:GTY) last posted its quarterly earnings results on Wednesday, October 23rd. The real estate investment trust reported $0.27 earnings per share for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.28). The business had revenue of $51.47 million for the quarter, compared to analyst estimates 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 in the prior year, the firm earned $0.57 EPS. On average, sell-side 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. Stockholders of record on Thursday, December 26th will be paid a $0.47 dividend. The ex-dividend date of this dividend is Thursday, December 26th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 6.37%. This is a boost from Getty Realty’s previous quarterly dividend of $0.45. Getty Realty’s payout ratio is 160.68%.

About Getty Realty