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

Getty Realty (NYSE:GTY) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 2.380-2.410 for the period, compared to the consensus earnings per share estimate of 2.420. The company issued revenue guidance of -.

Getty Realty Trading Down 0.6 %

Shares of NYSE GTY opened at $31.19 on Thursday. The company has a debt-to-equity ratio of 0.94, a current ratio of 2.28 and a quick ratio of 2.28. The stock has a market capitalization of $1.72 billion, a P/E ratio of 24.75 and a beta of 0.93. Getty Realty has a 1-year low of $25.70 and a 1-year high of $33.85. The business has a fifty day moving average price of $30.48 and a 200 day moving average price of $31.34.

Getty Realty (NYSE:GTY) last announced its quarterly earnings results on Wednesday, February 12th. The real estate investment trust reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.29. Getty Realty had a return on equity of 7.43% and a net margin of 34.94%. Equities research analysts expect that Getty Realty will post 2.29 EPS for the current fiscal year.

Getty Realty Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Thursday, March 27th will be issued a $0.47 dividend. This represents a $1.88 annualized dividend and a yield of 6.03%. The ex-dividend date of this dividend is Thursday, March 27th. Getty Realty’s payout ratio is currently 149.21%.

Analyst Upgrades and Downgrades

Several brokerages have commented on GTY. KeyCorp raised Getty Realty from a “sector weight” rating to an “overweight” rating and set a $35.00 price objective on the stock in a report on Tuesday, December 17th. JMP Securities reissued a “market outperform” rating and issued a $34.00 price objective on shares of Getty Realty in a report on Friday, January 10th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $34.00.

About Getty Realty