Getty Realty (GTY) Set to Announce Earnings on Thursday

Getty Realty (NYSE:GTY) will release its earnings data after the market closes on Thursday, April 25th. Analysts expect Getty Realty to post earnings of $0.56 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Getty Realty (NYSE:GTY) last announced its earnings results on Wednesday, February 14th. The real estate investment trust reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.27). Getty Realty had a return on equity of 6.72% and a net margin of 32.37%. The firm had revenue of $45.62 million during the quarter, compared to the consensus estimate of $47.19 million. 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 0.7 %

Shares of NYSE:GTY opened at $27.42 on Wednesday. Getty Realty has a 1 year low of $25.90 and a 1 year high of $35.56. The company has a debt-to-equity ratio of 0.79, a current ratio of 3.73 and a quick ratio of 3.73. The firm has a market capitalization of $1.48 billion, a P/E ratio of 23.84 and a beta of 0.89. The business’s 50-day moving average is $26.89 and its 200 day moving average is $27.82.

Getty Realty Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 11th. Shareholders of record on Thursday, March 28th were paid a dividend of $0.45 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.56%. Getty Realty’s payout ratio is currently 156.52%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. StockNews.com raised Getty Realty from a “sell” rating to a “hold” rating in a research note on Monday. JMP Securities reissued a “market outperform” rating and issued a $33.00 target price on shares of Getty Realty in a research report on Monday, March 25th.

About Getty Realty