Getty Realty (GTY) to Release Earnings on Wednesday

Getty Realty (NYSE:GTY) is set to release its earnings data after the market closes on Wednesday, October 23rd. Analysts expect Getty Realty to post earnings of $0.55 per share for the quarter. Getty Realty has set its FY 2024 guidance at 2.300-2.320 EPS.Persons interested in participating in the company’s earnings conference call can do so using this link.

Getty Realty (NYSE:GTY) last released its quarterly earnings data on Wednesday, July 24th. The real estate investment trust reported $0.30 EPS for the quarter, missing the consensus estimate of $0.57 by ($0.27). The business had revenue of $49.94 million during the quarter, compared to analysts’ expectations of $48.51 million. Getty Realty had a net margin of 33.49% and a return on equity of 6.98%. During the same period last year, the company earned $0.56 earnings per share. On average, analysts expect Getty Realty to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Getty Realty Trading Up 1.0 %

NYSE GTY opened at $32.15 on Tuesday. Getty Realty has a 1 year low of $25.70 and a 1 year high of $32.87. The company has a debt-to-equity ratio of 0.88, a current ratio of 3.22 and a quick ratio of 3.22. The company has a market capitalization of $1.74 billion, a PE ratio of 27.48 and a beta of 0.92. The company has a fifty day moving average of $31.53 and a 200 day moving average of $29.20.

Analyst Upgrades and Downgrades

GTY has been the subject of several analyst reports. JPMorgan Chase & Co. boosted their price objective on Getty Realty from $31.00 to $33.00 and gave the company a “neutral” rating in a report on Thursday, September 19th. JMP Securities boosted their price target on Getty Realty from $31.50 to $33.00 and gave the company a “market outperform” rating in a report on Thursday, July 25th. Finally, Bank of America raised shares of Getty Realty from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $31.00 to $34.00 in a research note on Monday. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, Getty Realty presently has a consensus rating of “Hold” and an average price target of $32.50.

Getty Realty Company Profile