Getty Realty Co. (NYSE:GTY) has received a consensus rating of “Hold” from the six research firms that are presently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $31.00.
GTY has been the topic of a number of recent analyst reports. ValuEngine lowered shares of Getty Realty from a “buy” rating to a “hold” rating in a research note on Monday, February 5th. Zacks Investment Research lowered shares of Getty Realty from a “hold” rating to a “sell” rating in a research note on Wednesday, April 4th.
Several large investors have recently made changes to their positions in the stock. Xact Kapitalforvaltning AB bought a new stake in shares of Getty Realty during the 1st quarter valued at about $366,000. Legal & General Group Plc grew its position in shares of Getty Realty by 4.0% during the 1st quarter. Legal & General Group Plc now owns 151,410 shares of the real estate investment trust’s stock valued at $3,821,000 after buying an additional 5,788 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. bought a new stake in shares of Getty Realty during the 1st quarter valued at about $103,000. Barclays PLC grew its position in shares of Getty Realty by 158.9% during the 1st quarter. Barclays PLC now owns 12,733 shares of the real estate investment trust’s stock valued at $321,000 after buying an additional 7,814 shares during the last quarter. Finally, Principal Financial Group Inc. grew its position in shares of Getty Realty by 2.7% during the 1st quarter. Principal Financial Group Inc. now owns 252,629 shares of the real estate investment trust’s stock valued at $6,371,000 after buying an additional 6,615 shares during the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.
Shares of Getty Realty traded up $0.04, reaching $24.56, during trading on Monday, MarketBeat Ratings reports. The company had a trading volume of 248,244 shares, compared to its average volume of 98,642. The firm has a market cap of $975.68 million, a PE ratio of 14.80, a price-to-earnings-growth ratio of 7.80 and a beta of 0.47. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.39 and a current ratio of 1.39. Getty Realty has a fifty-two week low of $22.68 and a fifty-two week high of $29.89.
Getty Realty (NYSE:GTY) last issued its earnings results on Tuesday, May 8th. The real estate investment trust reported $0.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.06). The company had revenue of $28.28 million during the quarter, compared to analyst estimates of $28.43 million. Getty Realty had a net margin of 38.13% and a return on equity of 9.07%. equities analysts predict that Getty Realty will post 1.83 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, July 5th. Stockholders of record on Thursday, June 21st will be paid a $0.32 dividend. The ex-dividend date is Wednesday, June 20th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 5.21%. Getty Realty’s dividend payout ratio (DPR) is presently 77.11%.
Getty Realty Company Profile
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