Summary
31.62 -0.08(-0.25%)09/06/2024
Getty Realty Corp. (GTY)
Getty Realty Corp. (GTY)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| -0.25 | -0.50 | 3.79 | 14.90 | 16.42 | 6.61 | 24.78 | 54,729.20 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 31.62 | |
| Open | 31.82 | |
| High | 31.82 | |
| Low | 31.37 | |
| Volume | 99,656 | |
| Change | -0.08 | |
| Change % | -0.25 | |
| Avg Volume (20 Days) | 179,135 | |
| Volume/Avg Volume (20 Days) Ratio | 0.56 | |
| 52 Week Range | 25.70 - 32.33 | |
| Price vs 52 Week High | -2.20% | |
| Price vs 52 Week Low | 23.04% | |
| Range | -0.63 | |
| Gap Up/Down | -0.23 | |
Fundamentals | ||
| Market Capitalization (Mln) | 1,716 | |
| EBIDTA | 145,063,008 | |
| PE Ratio | 23.8889 | |
| PEG Ratio | 0.0000 | |
| WallStreet Target Price | 30.13 | |
| Book Value | 17.6060 | |
| Earnings Per Share | 1.1700 | |
| EPS Estimate Current Quarter | 0.2800 | |
| EPS Estimate Next Quarter | 0.2900 | |
| EPS Estimate Current Year | 1.1500 | |
| EPS Estimate Next Year | 1.1800 | |
| Diluted EPS (TTM) | 1.1700 | |
| Revenues | ||
| Profit Marging | 0.3274 | |
| Operating Marging (TTM) | 0.5305 | |
| Return on asset (TTM) | 0.0351 | |
| Return on equity (TTM) | 0.0703 | |
| Revenue TTM | 191,796,000 | |
| Revenue per share TTM | 3.7050 | |
| Quarterly Revenue Growth (YOY) | 0.1380 | |
| Quarterly Earnings Growth (YOY) | 0.0630 | |
| Gross Profit (TTM) | 144,035,000 | |
| Dividends | ||
| Dividend Share | 1.7600 | |
| Dividend Yield | 0.0644 | |
| Valuations | ||
| Trailing PE | 23.8889 | |
| Forward PE | 0.0000 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 1.4961 | |
| Revenue Enterprise Value | 11.8324 | |
| EBITDA Enterprise Value | 15.3757 | |
| Shares | ||
| Shares Outstanding | 53,967,100 | |
| Shares Float | 51,982,231 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.05 | |
| Insider (%) | 8.38 | |
| Institutions (%) | 83.59 | |
09/08 06:50 EST - fool.com
Places You Routinely Visit Could Provide You With a Pathway Toward a Lifetime of Passive Income
Agree Realty owns retail properties, like grocery stores and home improvement locations. Getty Realty owns gas stations and other auto-related convenience properties.
Places You Routinely Visit Could Provide You With a Pathway Toward a Lifetime of Passive Income
Agree Realty owns retail properties, like grocery stores and home improvement locations. Getty Realty owns gas stations and other auto-related convenience properties.
08/23 07:00 EST - seekingalpha.com
2 Under-The-Radar Net Lease REITs: Where's The Love?
Postal Realty Trust is a net lease REIT focused on USPS properties, with a 6.2 million SF portfolio and growth potential through consolidation. Getty Realty specializes in convenience stores and automotive properties, with a 1,124-property portfolio, strong tenant coverage, and consistent growth. Both PSTL and GTY offer solid dividends, trade at discounts, and are rated as Buy opportunities for potential growth in the net lease REIT sector.
2 Under-The-Radar Net Lease REITs: Where's The Love?
Postal Realty Trust is a net lease REIT focused on USPS properties, with a 6.2 million SF portfolio and growth potential through consolidation. Getty Realty specializes in convenience stores and automotive properties, with a 1,124-property portfolio, strong tenant coverage, and consistent growth. Both PSTL and GTY offer solid dividends, trade at discounts, and are rated as Buy opportunities for potential growth in the net lease REIT sector.
08/06 06:30 EST - fool.com
Is This High-Yield Stock a Way for You to Copy Buffett's Latest Acquisition?
Pilot Travel Centers is now completely owned by Berkshire Hathaway. Getty Realty is a similar company that owns gas stations and convenience stores.
Is This High-Yield Stock a Way for You to Copy Buffett's Latest Acquisition?
Pilot Travel Centers is now completely owned by Berkshire Hathaway. Getty Realty is a similar company that owns gas stations and convenience stores.
08/04 07:00 EST - forbes.com
Collect 3X To 5X More Income With These 5 Steady Dividend Stocks
Worried about a serious pullback in the S&P 500? That something is going to go a bit haywire here in America, or overseas, and send stocks swooning?
Collect 3X To 5X More Income With These 5 Steady Dividend Stocks
Worried about a serious pullback in the S&P 500? That something is going to go a bit haywire here in America, or overseas, and send stocks swooning?
08/02 15:31 EST - investorplace.com
The 3 Best Stocks to Buy Doing Successful Secondary Offerings in 2024
The IPO (initial public offering) market has gotten stronger in 2024, according to the Q2 2024 quarterly review from IPO specialist Renaissance Capital. That has resulted in a more buoyant market for secondary offerings.
The 3 Best Stocks to Buy Doing Successful Secondary Offerings in 2024
The IPO (initial public offering) market has gotten stronger in 2024, according to the Q2 2024 quarterly review from IPO specialist Renaissance Capital. That has resulted in a more buoyant market for secondary offerings.
08/02 10:46 EST - seekingalpha.com
Getty Realty Corp.: A Single Tenant Retail REIT Offering Investors An Attractive Yield Of 5.97%
The company's strategic acquisitions and development activities have strengthened its portfolio, but investors should be aware of potential risks and headwinds. GTY's valuation is favorable compared to its industry counterparts, with a lower P/E ratio and stronger earnings growth. Getty Realty Corp. offers a 5.97% dividend yield, higher than peers like Realty Income Corp. and Kimco Realty Corp.
Getty Realty Corp.: A Single Tenant Retail REIT Offering Investors An Attractive Yield Of 5.97%
The company's strategic acquisitions and development activities have strengthened its portfolio, but investors should be aware of potential risks and headwinds. GTY's valuation is favorable compared to its industry counterparts, with a lower P/E ratio and stronger earnings growth. Getty Realty Corp. offers a 5.97% dividend yield, higher than peers like Realty Income Corp. and Kimco Realty Corp.
07/30 07:00 EST - globenewswire.com
Getty Realty Corp. Announces Pricing of Public Offering of 3,500,000 Shares of Common Stock
NEW YORK, July 30, 2024 (GLOBE NEWSWIRE) -- Getty Realty Corp. (NYSE: GTY) (the “Company”) today announced the pricing of an underwritten public offering of 3,500,000 shares of its common stock, sold on a forward basis in connection with the forward sale agreements described below, at a public offering price of $30.10 per share. The forward purchasers (or their affiliates) and the Company have also granted the underwriters of the offering a 30-day option to purchase up to an additional 525,000 shares of common stock. The offering is expected to close on July 31, 2024, subject to customary closing conditions.
Getty Realty Corp. Announces Pricing of Public Offering of 3,500,000 Shares of Common Stock
NEW YORK, July 30, 2024 (GLOBE NEWSWIRE) -- Getty Realty Corp. (NYSE: GTY) (the “Company”) today announced the pricing of an underwritten public offering of 3,500,000 shares of its common stock, sold on a forward basis in connection with the forward sale agreements described below, at a public offering price of $30.10 per share. The forward purchasers (or their affiliates) and the Company have also granted the underwriters of the offering a 30-day option to purchase up to an additional 525,000 shares of common stock. The offering is expected to close on July 31, 2024, subject to customary closing conditions.
07/28 09:00 EST - seekingalpha.com
Soft Landing Secured
U.S. equity markets posted mixed performance while interest rates dipped to four-month lows as a lukewarm start to corporate earnings season and mixed economic data reinforced Fed rate cut expectations. Another twist in a wild month of politics, President Biden announced that he would not seek reelection, instead endorsing VP Harris, setting the stage for a more competitive November election. The S&P 500 slipped 0.8% on the week as the powerful "value rotation" trade extended into a third-week. The Small-Cap 600 rallied 3.6% while the mega-cap Nasdaq 100 dipped 2.6%.
Soft Landing Secured
U.S. equity markets posted mixed performance while interest rates dipped to four-month lows as a lukewarm start to corporate earnings season and mixed economic data reinforced Fed rate cut expectations. Another twist in a wild month of politics, President Biden announced that he would not seek reelection, instead endorsing VP Harris, setting the stage for a more competitive November election. The S&P 500 slipped 0.8% on the week as the powerful "value rotation" trade extended into a third-week. The Small-Cap 600 rallied 3.6% while the mega-cap Nasdaq 100 dipped 2.6%.
07/24 18:56 EST - zacks.com
Getty Realty (GTY) Q2 FFO and Revenues Beat Estimates
Getty Realty (GTY) came out with quarterly funds from operations (FFO) of $0.58 per share, beating the Zacks Consensus Estimate of $0.57 per share. This compares to FFO of $0.56 per share a year ago.
Getty Realty (GTY) Q2 FFO and Revenues Beat Estimates
Getty Realty (GTY) came out with quarterly funds from operations (FFO) of $0.58 per share, beating the Zacks Consensus Estimate of $0.57 per share. This compares to FFO of $0.56 per share a year ago.
07/24 16:05 EST - globenewswire.com
Getty Realty Corp. Announces Second Quarter 2024 Results
– Reports $104 Million of Year-to-Date Investment Activity – – Increases 2024 Full Year Earnings Guidance – NEW YORK, July 24, 2024 (GLOBE NEWSWIRE) -- Getty Realty Corp. (NYSE: GTY) (“Getty” or the “Company”) announced today its financial and operating results for the quarter ended June 30, 2024. Second Quarter 2024 Highlights Net earnings: $0.30 per share Funds From Operations (“FFO”): $0.55 per share Adjusted Funds From Operations (“AFFO”): $0.58 per share Invested $61.7 million across 23 properties at an 8.1% initial cash yield Committed investment pipeline of more than $53 million, as of July 24, 2024, for the development and/or acquisition of 25 convenience and automotive retail properties “We continued to grow and diversify our portfolio of convenience and automotive retail properties by accretively deploying more than $100 million through the first half of the year,” stated Christopher J.
Getty Realty Corp. Announces Second Quarter 2024 Results
– Reports $104 Million of Year-to-Date Investment Activity – – Increases 2024 Full Year Earnings Guidance – NEW YORK, July 24, 2024 (GLOBE NEWSWIRE) -- Getty Realty Corp. (NYSE: GTY) (“Getty” or the “Company”) announced today its financial and operating results for the quarter ended June 30, 2024. Second Quarter 2024 Highlights Net earnings: $0.30 per share Funds From Operations (“FFO”): $0.55 per share Adjusted Funds From Operations (“AFFO”): $0.58 per share Invested $61.7 million across 23 properties at an 8.1% initial cash yield Committed investment pipeline of more than $53 million, as of July 24, 2024, for the development and/or acquisition of 25 convenience and automotive retail properties “We continued to grow and diversify our portfolio of convenience and automotive retail properties by accretively deploying more than $100 million through the first half of the year,” stated Christopher J.
07/24 07:30 EST - seekingalpha.com
If I Had To Retire Today With 12 REITs
REITs are structured for income investors, obligated to pay out 90% of earnings to shareholders, making them an income-producing vehicle. REITs are undervalued and positioned to do well as the rate cut cycle debuts, making them an attractive sector to become overweight. A list of 12 handpicked REITs is provided, offering a combination of high dividend yields, dividend growth, and value for potential investors.
If I Had To Retire Today With 12 REITs
REITs are structured for income investors, obligated to pay out 90% of earnings to shareholders, making them an income-producing vehicle. REITs are undervalued and positioned to do well as the rate cut cycle debuts, making them an attractive sector to become overweight. A list of 12 handpicked REITs is provided, offering a combination of high dividend yields, dividend growth, and value for potential investors.
07/23 16:05 EST - globenewswire.com
Getty Realty Corp. Announces Regular Quarterly Cash Dividend
NEW YORK, July 23, 2024 (GLOBE NEWSWIRE) -- Getty Realty Corp. (NYSE: GTY) announced today that its Board of Directors declared a cash dividend of $0.45 per common share payable on October 10, 2024 to holders of record on September 26, 2024.
Getty Realty Corp. Announces Regular Quarterly Cash Dividend
NEW YORK, July 23, 2024 (GLOBE NEWSWIRE) -- Getty Realty Corp. (NYSE: GTY) announced today that its Board of Directors declared a cash dividend of $0.45 per common share payable on October 10, 2024 to holders of record on September 26, 2024.
06/27 08:00 EST - globenewswire.com
Getty Realty Corp. to Report Second Quarter 2024 Financial Results
NEW YORK, June 27, 2024 (GLOBE NEWSWIRE) -- Getty Realty Corp. (NYSE: GTY) will release its financial results for the second quarter ended June 30, 2024, after the market closes on Wednesday, July 24, 2024.
Getty Realty Corp. to Report Second Quarter 2024 Financial Results
NEW YORK, June 27, 2024 (GLOBE NEWSWIRE) -- Getty Realty Corp. (NYSE: GTY) will release its financial results for the second quarter ended June 30, 2024, after the market closes on Wednesday, July 24, 2024.
06/20 15:52 EST - seekingalpha.com
Getty Realty: Consistent Growth At A Cheap Multiple
Getty Realty's fundamentals and market price have diverged, with AFFO/share growing consistently while the market price has fallen, making the stock materially undervalued. The implied cap rate and AFFO multiple undervalue Getty's reliability and growth potential, with a clear runway for steady earnings growth. Getty's focus on automotive-related properties, strong tenant rent coverage, and clean underwriting process set it up for long-term growth and potential capital gains.
Getty Realty: Consistent Growth At A Cheap Multiple
Getty Realty's fundamentals and market price have diverged, with AFFO/share growing consistently while the market price has fallen, making the stock materially undervalued. The implied cap rate and AFFO multiple undervalue Getty's reliability and growth potential, with a clear runway for steady earnings growth. Getty's focus on automotive-related properties, strong tenant rent coverage, and clean underwriting process set it up for long-term growth and potential capital gains.
06/12 07:30 EST - seekingalpha.com
2 Very Overrated REITs And 2 Very Underrated REITs
Not all REITs are equally attractive. Some are overpriced. Others are undervalued. Here are 2 overrated REITs and 2 better alternatives to consider.
2 Very Overrated REITs And 2 Very Underrated REITs
Not all REITs are equally attractive. Some are overpriced. Others are undervalued. Here are 2 overrated REITs and 2 better alternatives to consider.
06/06 23:47 EST - seekingalpha.com
Getty Realty Is Getting Risky - The Good And The Bad
Getty Realty is a triple-net lease REIT focused on service-oriented properties. The Company has some impressive business metrics in terms of occupancy rate, rent escalations, and WALT. There are some noticeable risks accompanying GTY (high tenant concentration and significant debt maturities upcoming in 2025/2026).
Getty Realty Is Getting Risky - The Good And The Bad
Getty Realty is a triple-net lease REIT focused on service-oriented properties. The Company has some impressive business metrics in terms of occupancy rate, rent escalations, and WALT. There are some noticeable risks accompanying GTY (high tenant concentration and significant debt maturities upcoming in 2025/2026).
06/04 07:30 EST - seekingalpha.com
Sell Alert: 3 REITs Getting Risky
REITs are priced at their lowest valuations since 2008. But that does not mean that all REITs are worth buying. Here are three REITs that I would consider selling.
Sell Alert: 3 REITs Getting Risky
REITs are priced at their lowest valuations since 2008. But that does not mean that all REITs are worth buying. Here are three REITs that I would consider selling.
06/03 08:00 EST - globenewswire.com
Getty Realty Corp. Publishes 2024 Corporate Responsibility Report
NEW YORK, June 03, 2024 (GLOBE NEWSWIRE) -- Getty Realty Corp. (NYSE: GTY) announced today that it has published its 2024 Corporate Responsibility Report highlighting the Company's environmental, social and governance ("ESG") policies and practices. Getty engaged Antea® Group, an Environment, Health, Safety, and Sustainability consulting firm, to assist with the report which was prepared with consideration of the frameworks established by the Sustainability Accounting Standards Board (SASB) and the Task Force on Climate-Related Financial Disclosures (TCFD).
Getty Realty Corp. Publishes 2024 Corporate Responsibility Report
NEW YORK, June 03, 2024 (GLOBE NEWSWIRE) -- Getty Realty Corp. (NYSE: GTY) announced today that it has published its 2024 Corporate Responsibility Report highlighting the Company's environmental, social and governance ("ESG") policies and practices. Getty engaged Antea® Group, an Environment, Health, Safety, and Sustainability consulting firm, to assist with the report which was prepared with consideration of the frameworks established by the Sustainability Accounting Standards Board (SASB) and the Task Force on Climate-Related Financial Disclosures (TCFD).
05/20 18:53 EST - seekingalpha.com
Getty Realty: Shares Can Be Attractive Even With Slower Investment
Getty Realty's shares have underperformed in the past year, but the company's business remains stable with strong debt coverage and long lease terms. The company reported solid Q1 results, with adjusted funds from operations beating expectations and revenue rising by 14%. Its lower share price does make accretive deal-making more difficult, but shares seem now positioned to deliver a 10+% return even absent new property acquisitions.
Getty Realty: Shares Can Be Attractive Even With Slower Investment
Getty Realty's shares have underperformed in the past year, but the company's business remains stable with strong debt coverage and long lease terms. The company reported solid Q1 results, with adjusted funds from operations beating expectations and revenue rising by 14%. Its lower share price does make accretive deal-making more difficult, but shares seem now positioned to deliver a 10+% return even absent new property acquisitions.
05/20 04:58 EST - https://www.defenseworld.net
Amalgamated Bank Has $507,000 Stake in Getty Realty Corp. (NYSE:GTY)
Amalgamated Bank lessened its stake in shares of Getty Realty Corp. (NYSE:GTY – Free Report) by 3.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 17,358 shares of the real estate investment trust’s stock after selling 642 shares during the period. Amalgamated Bank’s holdings in Getty Realty were worth $507,000 at the end of the most recent reporting period. Several other institutional investors and hedge funds have also bought and sold shares of GTY. Commonwealth Equity Services LLC raised its holdings in shares of Getty Realty by 16.8% during the third quarter. Commonwealth Equity Services LLC now owns 10,230 shares of the real estate investment trust’s stock valued at $284,000 after purchasing an additional 1,469 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Getty Realty by 12.4% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 17,299 shares of the real estate investment trust’s stock worth $480,000 after buying an additional 1,909 shares during the period. Allspring Global Investments Holdings LLC boosted its holdings in Getty Realty by 6.2% in the third quarter. Allspring Global Investments Holdings LLC now owns 10,491 shares of the real estate investment trust’s stock worth $291,000 after acquiring an additional 613 shares in the last quarter. Daiwa Securities Group Inc. grew its stake in Getty Realty by 5.9% in the third quarter. Daiwa Securities Group Inc. now owns 14,655 shares of the real estate investment trust’s stock valued at $406,000 after acquiring an additional 813 shares during the period. Finally, Nisa Investment Advisors LLC increased its holdings in shares of Getty Realty by 6.4% during the third quarter. Nisa Investment Advisors LLC now owns 23,108 shares of the real estate investment trust’s stock valued at $641,000 after acquiring an additional 1,380 shares in the last quarter. 85.11% of the stock is owned by institutional investors. Getty Realty Stock Down 0.1 % Shares of NYSE:GTY opened at $28.45 on Monday. The business’s 50 day moving average is $27.20 and its 200 day moving average is $27.91. Getty Realty Corp. has a 12-month low of $25.90 and a 12-month high of $35.56. The stock has a market cap of $1.54 billion, a price-to-earnings ratio of 24.32 and a beta of 0.88. The company has a quick ratio of 3.37, a current ratio of 3.37 and a debt-to-equity ratio of 0.84. Getty Realty (NYSE:GTY – Get Free Report) last posted its quarterly earnings data on Friday, April 26th. The real estate investment trust reported $0.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.27). The firm had revenue of $48.97 million for the quarter, compared to analysts’ expectations of $46.63 million. Getty Realty had a return on equity of 6.80% and a net margin of 32.74%. During the same period in the prior year, the firm earned $0.56 earnings per share. On average, sell-side analysts forecast that Getty Realty Corp. will post 2.31 earnings per share for the current fiscal year. Getty Realty Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 11th. Shareholders of record on Thursday, June 27th will be given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 6.33%. The ex-dividend date is Thursday, June 27th. Getty Realty’s payout ratio is 153.85%. Analyst Ratings Changes Several analysts recently issued reports on the stock. StockNews.com raised shares of Getty Realty from a “sell” rating to a “hold” rating in a research report on Monday, April 22nd. JMP Securities reiterated a “market outperform” rating and set a $33.00 price objective on shares of Getty Realty in a report on Monday, March 25th. Get Our Latest Analysis on GTY Getty Realty Profile (Free Report)
Amalgamated Bank Has $507,000 Stake in Getty Realty Corp. (NYSE:GTY)
Amalgamated Bank lessened its stake in shares of Getty Realty Corp. (NYSE:GTY – Free Report) by 3.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 17,358 shares of the real estate investment trust’s stock after selling 642 shares during the period. Amalgamated Bank’s holdings in Getty Realty were worth $507,000 at the end of the most recent reporting period. Several other institutional investors and hedge funds have also bought and sold shares of GTY. Commonwealth Equity Services LLC raised its holdings in shares of Getty Realty by 16.8% during the third quarter. Commonwealth Equity Services LLC now owns 10,230 shares of the real estate investment trust’s stock valued at $284,000 after purchasing an additional 1,469 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Getty Realty by 12.4% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 17,299 shares of the real estate investment trust’s stock worth $480,000 after buying an additional 1,909 shares during the period. Allspring Global Investments Holdings LLC boosted its holdings in Getty Realty by 6.2% in the third quarter. Allspring Global Investments Holdings LLC now owns 10,491 shares of the real estate investment trust’s stock worth $291,000 after acquiring an additional 613 shares in the last quarter. Daiwa Securities Group Inc. grew its stake in Getty Realty by 5.9% in the third quarter. Daiwa Securities Group Inc. now owns 14,655 shares of the real estate investment trust’s stock valued at $406,000 after acquiring an additional 813 shares during the period. Finally, Nisa Investment Advisors LLC increased its holdings in shares of Getty Realty by 6.4% during the third quarter. Nisa Investment Advisors LLC now owns 23,108 shares of the real estate investment trust’s stock valued at $641,000 after acquiring an additional 1,380 shares in the last quarter. 85.11% of the stock is owned by institutional investors. Getty Realty Stock Down 0.1 % Shares of NYSE:GTY opened at $28.45 on Monday. The business’s 50 day moving average is $27.20 and its 200 day moving average is $27.91. Getty Realty Corp. has a 12-month low of $25.90 and a 12-month high of $35.56. The stock has a market cap of $1.54 billion, a price-to-earnings ratio of 24.32 and a beta of 0.88. The company has a quick ratio of 3.37, a current ratio of 3.37 and a debt-to-equity ratio of 0.84. Getty Realty (NYSE:GTY – Get Free Report) last posted its quarterly earnings data on Friday, April 26th. The real estate investment trust reported $0.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.27). The firm had revenue of $48.97 million for the quarter, compared to analysts’ expectations of $46.63 million. Getty Realty had a return on equity of 6.80% and a net margin of 32.74%. During the same period in the prior year, the firm earned $0.56 earnings per share. On average, sell-side analysts forecast that Getty Realty Corp. will post 2.31 earnings per share for the current fiscal year. Getty Realty Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 11th. Shareholders of record on Thursday, June 27th will be given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 6.33%. The ex-dividend date is Thursday, June 27th. Getty Realty’s payout ratio is 153.85%. Analyst Ratings Changes Several analysts recently issued reports on the stock. StockNews.com raised shares of Getty Realty from a “sell” rating to a “hold” rating in a research report on Monday, April 22nd. JMP Securities reiterated a “market outperform” rating and set a $33.00 price objective on shares of Getty Realty in a report on Monday, March 25th. Get Our Latest Analysis on GTY Getty Realty Profile (Free Report)