GTY

Getty Realty Corp

28.48 USD
-0.48
1.66%
At close Apr 21, 4:00 PM EDT
Pre-market
28.90
+0.42
1.47%
1 day
-1.66%
5 days
1.24%
1 month
-6.71%
3 months
-8.98%
6 months
-11.42%
Year to date
-3.72%
1 year
4.63%
5 years
20.78%
10 years
63.77%
 

About: Getty Realty Corp is the real estate investment trust in the U.S. specializing in the acquisition, financing, and development of convenience, automotive, and other single tenant retail real estate. The company's portfolio includes convenience stores, car washes, automotive service centers (gasoline and repair, oil and maintenance, tire and battery, collision), automotive parts retailers, and certain other freestanding retail properties, including drive-thru quick service restaurants. It generates majority of the revenue in the form of rental income.

Employees: 29

0
Funds holding %
of 7,419 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

257% more call options, than puts

Call options by funds: $461K | Put options by funds: $129K

32% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 25

26% more repeat investments, than reductions

Existing positions increased: 98 | Existing positions reduced: 78

5.82% more ownership

Funds ownership: 79.62% [Q3] → 85.44% (+5.82%) [Q4]

2% more funds holding

Funds holding: 251 [Q3] → 255 (+4) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]

4% less capital invested

Capital invested by funds: $1.48B [Q3] → $1.42B (-$57.9M) [Q4]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$32
12%
upside
Avg. target
$32
12%
upside
High target
$32
12%
upside

1 analyst rating

positive
0%
neutral
100%
negative
0%
UBS
Michael Goldsmith
40% 1-year accuracy
6 / 15 met price target
12%upside
$32
Neutral
Initiated
28 Mar 2025

Financial journalist opinion

Based on 3 articles about GTY published over the past 30 days

Positive
Seeking Alpha
1 week ago
Getty Realty: Could See Selling Pressure Ahead, But 6% Yield Is Attractive
Getty Realty Corp, a REIT focusing on convenience stores and car washes, is a viable long-term option due to its strong balance sheet and near 6% yield. Despite economic challenges, Getty Realty delivered solid performance with 13% AFFO growth and a high occupancy rate of 99.7% across 1,114 properties. Tenant headwinds, particularly from car washes, pose risks, but Getty's strong liquidity and no debt maturing until 2028 provide financial flexibility.
Getty Realty: Could See Selling Pressure Ahead, But 6% Yield Is Attractive
Neutral
GlobeNewsWire
3 weeks ago
Getty Realty Corp. to Report First Quarter 2025 Financial Results
NEW YORK, March 27, 2025 (GLOBE NEWSWIRE) -- Getty Realty Corp. (NYSE: GTY), a net lease REIT focused on convenience and automotive retail real estate, will release its financial results for the first quarter ended March 31, 2025 after the market closes on Wednesday, April 23, 2025.
Getty Realty Corp. to Report First Quarter 2025 Financial Results
Positive
Seeking Alpha
3 weeks ago
Getty Realty: Limited Downside And Room To Grow
Getty Realty excels in a challenging real estate market with high occupancy rates, strong FFO and AFFO growth, and favorable debt maturities extending to 2028. The REIT's tenant mix, primarily in convenience stores and auto services, ensures stable income, though EV adoption poses long-term risks. Getty's strong financials, including a 6.2% dividend yield and potential for further growth through acquisitions, make it an attractive investment.
Getty Realty: Limited Downside And Room To Grow
Positive
Seeking Alpha
1 month ago
Getty Realty: Great Time To Fill Up On This High Yielder
Getty Realty offers a 6% dividend yield, steady AFFO growth, and a disciplined property acquisition strategy, making it a decent high-yield investment opportunity. GTY's portfolio focuses on automotive retail and convenience, with a strong occupancy rate of 99.7%. With a forward P/FFO of 13.5 and growth opportunities in a fragmented market, GTY is an attractive buy for income investors seeking stability and long-term value.
Getty Realty: Great Time To Fill Up On This High Yielder
Negative
Seeking Alpha
1 month ago
The State Of REITs: February 2025 Edition
After a brutal December (-6.85%), the REIT sector averaged negative total returns again in January (-1.29%). Large cap (+0.30%) and mid cap REITs (+0.09%) averaged small gains in January, whereas small caps (-0.95%) and micro caps (-7.80%) started the year in the red. Only 42.58% of REIT securities had a positive total during the first month of 2025.
The State Of REITs: February 2025 Edition
Neutral
Seeking Alpha
2 months ago
Getty Realty Corp. (GTY) Q4 2024 Earnings Call Transcript
Getty Realty Corp. (NYSE:GTY ) Q4 2024 Earnings Conference Call February 13, 2025 9:00 AM ET Company Participants Joshua Dicker - Executive Vice President, General Counsel and Secretary Christopher Constant - President and Chief Executive Officer Mark Olear - Executive Vice President and Chief Operating Officer Brian Dickman - Executive Vice President, Chief Financial Officer and Treasurer Conference Call Participants Mitch Germain - Citizens JMP Farrell Granath - Bank of America Wesley Golladay - Baird Upal Rana - KeyBanc Capital Markets Operator Good morning, and welcome to Getty Realty's Fourth Quarter 2024 Earnings Call. This call is being recorded.
Getty Realty Corp. (GTY) Q4 2024 Earnings Call Transcript
Positive
Zacks Investment Research
2 months ago
Getty Realty (GTY) Q4 FFO and Revenues Surpass Estimates
Getty Realty (GTY) came out with quarterly funds from operations (FFO) of $0.60 per share, beating the Zacks Consensus Estimate of $0.59 per share. This compares to FFO of $0.57 per share a year ago.
Getty Realty (GTY) Q4 FFO and Revenues Surpass Estimates
Neutral
GlobeNewsWire
2 months ago
Getty Realty Corp. Announces Fourth Quarter and Full Year 2024 Results
- Delivers Strong Investment and Operating Results - NEW YORK, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Getty Realty Corp. (NYSE: GTY) (“Getty” or the “Company”), a net lease REIT focused on convenience and automotive retail real estate, announced today its financial and operating results for the quarter and year ended December 31, 2024. Fourth Quarter 2024 Highlights Net earnings: $0.39 per share Funds From Operations (“FFO”): $0.57 per share Adjusted Funds From Operations (“AFFO”): $0.60 per share Invested $76.4 million across 21 properties at an 8.9% initial cash yield Full Year 2024 Highlights Net earnings: $1.25 per share FFO: $2.21 per share AFFO: $2.34 per share Invested $209.0 million across 78 properties at an 8.3% initial cash yield “We are pleased to report strong fourth quarter investment and operating results, which helped the Company achieve a 4.0% increase in AFFO per share in 2024," stated Christopher J.
Getty Realty Corp. Announces Fourth Quarter and Full Year 2024 Results
Neutral
GlobeNewsWire
2 months ago
Getty Realty Corp. Announces Regular Quarterly Cash Dividend
NEW YORK, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Getty Realty Corp. (NYSE: GTY) (“Getty” or the “Company”), a net lease REIT focused on convenience and automotive retail real estate, announced today that its Board of Directors declared a cash dividend of $0.47 per common share payable on April 10, 2025 to holders of record on March 27, 2025.
Getty Realty Corp. Announces Regular Quarterly Cash Dividend
Positive
Seeking Alpha
2 months ago
Adapting To Change: Getty Realty And The EV Transition
Getty Realty Corp. generates most of its revenue from leasing properties to fuel stations, a sector that needs to adapt to rising EV adoption and improved fuel efficiency. GTY's lack of DC Fast Charging stations means missing out on potential revenue from charging and associated spend of EV drivers at co-located convenience stores/QSRs. Despite minimal exposure to California, geographic diversification does not shield GTY from the EV transition. We see significant YoY growth in new EV registrations across key states of its portfolio.
Adapting To Change: Getty Realty And The EV Transition
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