Key Takeaways:
- Getty Realty (GTY, Financial) is set to announce Q1 earnings with expected funds from operations at $0.56 and revenue projections of $52.42 million.
- The company is planning a significant $85 million investment in sale-leasebacks aiming for 2025.
- Analyst consensus maintains an "Outperform" rating, suggesting positive future prospects.
Upcoming Earnings Report
On April 23rd, after the market closes, Getty Realty Inc. (NYSE: GTY) will announce its earnings for the first quarter. Analysts are projecting funds from operations of $0.56, coupled with total revenues anticipated to reach $52.42 million. As an intriguing move, Getty Realty is also setting its sights on an $85 million investment in sale-leasebacks slated for 2025, which could influence future earnings significantly.
Wall Street Analysts Forecast
Wall Street remains optimistic about Getty Realty Corp's (GTY, Financial) potential. According to data from six analysts, the average one-year price target is $33.33, with predictions ranging from a low of $32.00 to a high of $35.00. This indicates a potential upside of 15.86% from the current price of $28.77. For a deeper dive into estimates, visit the Getty Realty Corp (GTY) Forecast page.
Further supporting this outlook, a consensus recommendation from eight brokerage firms rates Getty Realty Corp (GTY, Financial) at 2.5. This falls under the "Outperform" category on a scale from 1 to 5, where 1 indicates a Strong Buy and 5 represents a Sell.
Valuation Insights
According to GuruFocus metrics, the GF Value for Getty Realty Corp (GTY, Financial) in a year's time is estimated at $33.09. This valuation suggests an upside potential of 15.02% from the current trading price of $28.77. The GF Value is GuruFocus' metric to assess a stock's fair trading price, based on historical trading multiples and projected business performance. For more comprehensive data, please refer to the Getty Realty Corp (GTY) Summary page.
