Getty Realty (NYSE:GTY – Get Free Report) updated its FY 2024 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 2.300-2.320 for the period, compared to the consensus estimate of 2.210. The company issued revenue guidance of -.
Wall Street Analyst Weigh In
Separately, StockNews.com raised shares of Getty Realty from a sell rating to a hold rating in a research note on Monday, April 22nd.
View Our Latest Stock Analysis on Getty Realty
Getty Realty Stock Performance
Getty Realty (NYSE:GTY – Get Free Report) last announced its quarterly earnings results on Friday, April 26th. The real estate investment trust reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.57 by ($0.27). Getty Realty had a net margin of 32.74% and a return on equity of 6.80%. The business had revenue of $48.97 million for the quarter, compared to analyst estimates of $46.63 million. During the same period in the prior year, the business earned $0.56 EPS. On average, equities research analysts forecast that Getty Realty will post 2.31 earnings per share for the current year.
Getty Realty Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, October 10th. Investors of record on Thursday, September 26th will be issued a dividend of $0.45 per share. The ex-dividend date is Thursday, September 26th. This represents a $1.80 annualized dividend and a yield of 5.86%. Getty Realty’s payout ratio is currently 153.85%.
About Getty Realty
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