Robinhood shares gain on Q2 beat, as user and crypto growth accelerate
Investing.com - JMP Securities has reiterated its Market Outperform rating and $34.00 price target for Getty Realty (NYSE:GTY), currently trading at $27.22 with a market capitalization of $1.51 billion, following the company’s second-quarter 2025 earnings report. According to InvestingPro analysis, the stock is trading near its 52-week low of $26.42.
The firm noted that Getty Realty’s deal activity accelerated during the quarter, while its investment pipeline was replenished. Year-to-date investment volumes are running approximately 15% below year-ago levels, according to JMP’s analysis. The company has maintained strong operational performance with revenue growth of 7.8% over the last twelve months and impressive gross profit margins of 93.65%.
Getty Realty’s balance sheet remains strong with no debt maturities for almost three years, while leverage has held steady at 5.2x net debt/EBITDA for three consecutive quarters. The company maintains ample liquidity for potential acquisitions. InvestingPro data shows the company has maintained dividend payments for 31 consecutive years, currently offering a substantial 6.91% yield.
JMP highlighted that Getty shares currently trade at 11.3x, approximately two multiple turns below the net-lease REIT sector average of mid-13x, despite producing 5%+ earnings and dividend growth annually, on average, since 2019.
The firm also noted positive industry fundamentals supporting Getty’s auto-centric portfolio, including a record number of cars on the road and rising average vehicle age, currently averaging mid-12 years.
In other recent news, Getty Realty Corporation reported its first-quarter 2025 earnings, which fell short of analyst expectations for earnings per share (EPS) but slightly exceeded revenue forecasts. The company posted an EPS of $0.25, missing the projected $0.3202, while revenue reached $50.6 million, slightly above the anticipated $50.46 million. Additionally, Getty Realty announced a quarterly cash dividend of $0.47 per common share, payable on October 9, 2025, to shareholders of record as of September 25, 2025. In a recent shareholder meeting, the company confirmed the re-election of its board members and approved the compensation package for its named executive officers. Shareholders also ratified PricewaterhouseCoopers LLP as the independent auditor for the current fiscal year. Christopher J. Constant received the highest number of votes for re-election, while Mary Lou Malanoski had the most votes withheld. These developments highlight the company’s ongoing efforts to maintain shareholder confidence amid mixed financial results.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.