Getty Realty Corp. Forecasted to Earn Q1 2020 Earnings of $0.29 Per Share (NYSE:GTY)

Getty Realty Corp. (NYSE:GTY) – KeyCorp issued their Q1 2020 EPS estimates for shares of Getty Realty in a report issued on Monday, July 29th. KeyCorp analyst C. Mailman anticipates that the real estate investment trust will post earnings per share of $0.29 for the quarter. KeyCorp also issued estimates for Getty Realty’s Q2 2020 earnings at $0.29 EPS, Q3 2020 earnings at $0.29 EPS and Q4 2020 earnings at $0.28 EPS.

A number of other equities research analysts also recently issued reports on the company. ValuEngine upgraded Zogenix from a “buy” rating to a “strong-buy” rating in a research report on Thursday, June 27th. Zacks Investment Research downgraded Hallmark Financial Services from a “buy” rating to a “hold” rating in a research report on Thursday, July 25th.

Shares of GTY stock opened at $30.31 on Wednesday. The company has a quick ratio of 1.87, a current ratio of 1.87 and a debt-to-equity ratio of 0.75. Getty Realty has a 52-week low of $26.50 and a 52-week high of $35.03. The stock has a market capitalization of $1.23 billion, a P/E ratio of 17.73, a PEG ratio of 6.19 and a beta of 0.57. The stock has a fifty day simple moving average of $30.75.

Getty Realty (NYSE:GTY) last issued its quarterly earnings data on Wednesday, July 24th. The real estate investment trust reported $0.32 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.46 by ($0.14). Getty Realty had a return on equity of 8.38% and a net margin of 34.95%. The business had revenue of $33.56 million during the quarter, compared to analysts’ expectations of $29.72 million.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Deutsche Bank AG raised its position in Getty Realty by 0.3% during the fourth quarter. Deutsche Bank AG now owns 118,490 shares of the real estate investment trust’s stock valued at $3,482,000 after purchasing an additional 377 shares in the last quarter. Mason Street Advisors LLC raised its position in Getty Realty by 4.3% during the first quarter. Mason Street Advisors LLC now owns 10,894 shares of the real estate investment trust’s stock valued at $349,000 after purchasing an additional 446 shares in the last quarter. Arizona State Retirement System raised its position in Getty Realty by 0.9% during the second quarter. Arizona State Retirement System now owns 52,781 shares of the real estate investment trust’s stock valued at $1,624,000 after purchasing an additional 455 shares in the last quarter. 6 Meridian raised its position in Getty Realty by 2.3% during the second quarter. 6 Meridian now owns 22,388 shares of the real estate investment trust’s stock valued at $689,000 after purchasing an additional 494 shares in the last quarter. Finally, Piedmont Investment Advisors Inc. raised its position in Getty Realty by 6.8% during the first quarter. Piedmont Investment Advisors Inc. now owns 8,532 shares of the real estate investment trust’s stock valued at $273,000 after purchasing an additional 543 shares in the last quarter. Institutional investors and hedge funds own 64.93% of the company’s stock.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 3rd. Investors of record on Thursday, September 19th will be given a $0.35 dividend. The ex-dividend date is Wednesday, September 18th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 4.62%. Getty Realty’s dividend payout ratio (DPR) is presently 81.87%.

Getty Realty Company Profile

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Earnings History and Estimates for Getty Realty (NYSE:GTY)

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