Media coverage about Getty Realty Corporation (NYSE:GTY) has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Getty Realty Corporation earned a news impact score of 0.10 on Accern’s scale. Accern also assigned news coverage about the real estate investment trust an impact score of 46.3867314046779 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Several analysts have commented on GTY shares. BidaskClub upgraded shares of Getty Realty Corporation from a “hold” rating to a “buy” rating in a research report on Wednesday, August 2nd. ValuEngine upgraded shares of Getty Realty Corporation from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Bank of America Corporation started coverage on shares of Getty Realty Corporation in a research report on Wednesday, September 6th. They set a “buy” rating and a $30.00 target price for the company. Finally, Zacks Investment Research cut shares of Getty Realty Corporation from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 27th. Two equities research analysts have rated the stock with a sell rating and four have issued a buy rating to the company. Getty Realty Corporation currently has an average rating of “Hold” and an average price target of $28.75.
Shares of Getty Realty Corporation (GTY) traded up $0.20 during trading on Friday, hitting $28.19. 142,800 shares of the company’s stock traded hands, compared to its average volume of 206,684. The company has a market cap of $1,108.68, a PE ratio of 15.64, a price-to-earnings-growth ratio of 6.10 and a beta of 0.56. Getty Realty Corporation has a 52 week low of $22.91 and a 52 week high of $29.89. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 0.58.
Getty Realty Corporation (NYSE:GTY) last released its quarterly earnings data on Wednesday, October 25th. The real estate investment trust reported $0.24 EPS for the quarter, missing the Zacks’ consensus estimate of $0.45 by ($0.21). Getty Realty Corporation had a net margin of 36.66% and a return on equity of 9.62%. The firm had revenue of $29.50 million during the quarter, compared to the consensus estimate of $27.35 million. During the same quarter in the prior year, the company earned $0.47 EPS. Getty Realty Corporation’s quarterly revenue was up 3.5% on a year-over-year basis. research analysts forecast that Getty Realty Corporation will post 1.97 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 4th. Investors of record on Thursday, December 21st will be given a $0.32 dividend. The ex-dividend date of this dividend is Wednesday, December 20th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 4.54%. This is a boost from Getty Realty Corporation’s previous quarterly dividend of $0.28. Getty Realty Corporation’s dividend payout ratio is currently 94.12%.
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Getty Realty Corporation Company Profile
Getty Realty Corp. is a real estate investment trust (REIT). The Company specializes in the ownership, leasing and financing of convenience store and gasoline station properties. As of June 30, 2017, the Company’s 825 properties were located in 26 states across the United States and Washington, District of Columbia.
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