Getty Realty (NYSE:GTY – Get Free Report) announced its quarterly earnings data on Wednesday. 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), Zacks reports. Getty Realty had a return on equity of 6.98% and a net margin of 33.49%. The firm had revenue of $49.94 million during the quarter, compared to analysts’ expectations of $48.51 million. During the same quarter in the previous year, the business earned $0.56 earnings per share. Getty Realty updated its FY 2024 guidance to 2.300-2.320 EPS.
Getty Realty Stock Down 0.3 %
Shares of GTY opened at $31.66 on Friday. The company has a current ratio of 3.22, a quick ratio of 3.37 and a debt-to-equity ratio of 0.88. Getty Realty has a 12 month low of $25.70 and a 12 month high of $34.38. The stock’s 50 day moving average is $27.79 and its two-hundred day moving average is $27.48. The firm has a market cap of $1.71 billion, a P/E ratio of 27.06 and a beta of 0.90.
Getty Realty Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, October 10th. Investors of record on Thursday, September 26th will be given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 5.69%. The ex-dividend date is Thursday, September 26th. Getty Realty’s dividend payout ratio is currently 153.85%.
Analysts Set New Price Targets
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Getty Realty Company Profile
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