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

Getty Realty (NYSE:GTY) issued an update on its FY 2025 earnings guidance on Tuesday morning. 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.

Wall Street Analyst Weigh In

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

Getty Realty Price Performance

Shares of NYSE:GTY traded down $0.10 during midday trading on Tuesday, reaching $29.54. 352,270 shares of the company were exchanged, compared to its average volume of 313,727. The stock has a market cap of $1.63 billion, a PE ratio of 25.25 and a beta of 0.93. The business’s fifty day moving average is $31.63 and its two-hundred day moving average is $30.92. Getty Realty has a one year low of $25.70 and a one 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.

Getty Realty (NYSE:GTY) last released its quarterly earnings data on Wednesday, October 23rd. The real estate investment trust reported $0.27 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 company had revenue of $51.47 million for the quarter, compared to the consensus estimate of $49.79 million. During the same period last year, the company earned $0.57 EPS. As a group, analysts predict that Getty Realty will post 2.23 earnings per share for the current year.

Getty Realty Increases Dividend

The company also recently disclosed 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 is an increase from Getty Realty’s previous quarterly dividend of $0.45. The ex-dividend date is Thursday, December 26th. This represents a $1.88 dividend on an annualized basis and a yield of 6.36%. Getty Realty’s payout ratio is presently 160.68%.

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