Streetbeat News

GTY

Getty Realty Corp.

https://www.gettyrealty.com

Industry

REIT - Retail

Getty Realty Corp. is the leading publicly traded real estate investment trust in the United States specializing in the ownership, leasing and financing of convenience store and gasoline station properties. As of September 30, 2020, the Company owned 896 properties and leased 58 properties from third-party landlords in 35 states across the United States and Washington, D.C.

Open

32.04

Mkt cap

1.8B

Volume

161K

High

32.16

P/E Ratio

27.64

52-wk high

33.85

Low

31.84

Div yield

0.06

52-wk low

25.70

Getty Realty Corp. has successfully closed a $125 million private placement of senior unsecured notes, with $50 million maturing in 2029 at a 5.52% fixed rate and $75 million maturing in 2032 at a 5.70% fixed rate.

Portfolio Pulse from

November 25, 2024 | 9:15 pm

Getty Realty (NYSE:GTY) has raised its FY2024 FFO guidance from $2.30-2.32 to $2.32-2.33, slightly above the analyst estimate of $2.32.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:32 pm

Getty Realty (NYSE:GTY) reported Q3 2024 earnings of $0.59 per share, surpassing the analyst estimate of $0.58. Sales reached $51.467 million, exceeding the expected $49.655 million and marking a 1.94% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:14 pm

Getty Realty Corp. has announced a 4.4% increase in its quarterly cash dividend, raising it from $0.45 to $0.47 per share. The dividend will be payable on January 9, 2025, to shareholders on record as of December 26, 2024.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 8:15 pm

Getty Realty (NYSE:GTY) is set to announce its quarterly earnings on October 23, 2024, with analysts estimating an EPS of $0.58. The company previously beat EPS estimates, leading to a share price increase. Analysts have a Buy consensus with a price target of $33.33, indicating a potential 3.67% upside.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 6:03 pm

B of A Securities has upgraded Getty Realty (NYSE:GTY) from Neutral to Buy, with an increased price target from $31 to $34.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 11:55 am

JP Morgan analyst Anthony Paolone maintains a Neutral rating on Getty Realty (NYSE:GTY) but raises the price target from $31 to $33.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 2:23 pm

Getty Realty has priced 3.5 million shares at a public offering price of $30.10 per share.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 11:07 am

Getty Realty has announced a public offering of 3.5 million shares of common stock, with an additional 30-day option for 525,000 shares.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 8:14 pm

JMP Securities has maintained a Market Outperform rating on Getty Realty (NYSE:GTY) and raised the price target from $31.5 to $33.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 7:52 pm

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