GTY

Getty Realty Corp

30.30 USD
-0.65
2.10%
At close Feb 14, 4:00 PM EST
After hours
30.30
+0.00
0.00%
1 day
-2.10%
5 days
-2.60%
1 month
0.26%
3 months
-3.19%
6 months
-0.56%
Year to date
2.43%
1 year
12.81%
5 years
-7.62%
10 years
70.61%
 

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 6,831 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

254% more call options, than puts

Call options by funds: $531K | Put options by funds: $150K

105% more first-time investments, than exits

New positions opened: 43 | Existing positions closed: 21

31% more repeat investments, than reductions

Existing positions increased: 94 | Existing positions reduced: 72

29% more capital invested

Capital invested by funds: $1.15B [Q2] → $1.48B (+$333M) [Q3]

8% more funds holding

Funds holding: 232 [Q2] → 250 (+18) [Q3]

0.22% more ownership

Funds ownership: 79.74% [Q2] → 79.95% (+0.22%) [Q3]

Research analyst outlook

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

Low target
$34
12%
upside
Avg. target
$34
12%
upside
High target
$34
12%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
JMP Securities
Mitch Germain
47% 1-year accuracy
18 / 38 met price target
12%upside
$34
Market Outperform
Reiterated
10 Jan 2025

Financial journalist opinion

Based on 9 articles about GTY published over the past 30 days

Neutral
Seeking Alpha
3 days 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
4 days 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
4 days 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
5 days 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
6 days 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
Negative
Seeking Alpha
1 week ago
REITs To Avoid This Year
I am very bullish on REITs. But I still recognize that this sector is full of landmines. I highlight REITs to avoid this year.
REITs To Avoid This Year
Neutral
Seeking Alpha
1 week ago
1 REIT To Sell And 1 Strong Buy
Many REITs are historically cheap today. Some are cheap for a good reason. Others are just undervalued. I present a good example of that.
1 REIT To Sell And 1 Strong Buy
Positive
Seeking Alpha
3 weeks ago
Getty Realty: This Overlooked Near 6% Yielder Is Even More Attractive Than Before
Getty Realty Corp. is an attractive REIT with a near 6% yield, strong fundamentals, and solid investment activity, making it a compelling buy for income investors. GTY's Q3 performance was impressive, beating revenue and FFO estimates, raising full-year AFFO guidance, and maintaining a high occupancy rate of 99.7%. The REIT has deleveraged its balance sheet, improved liquidity, and is well-positioned to benefit from declining interest rates, enhancing its long-term growth potential.
Getty Realty: This Overlooked Near 6% Yielder Is Even More Attractive Than Before
Neutral
GlobeNewsWire
3 weeks ago
Getty Realty Corp. Announces Expanded $450 Million Credit Facility
– Repays Outstanding Term Loan and Extends Maturity to 2029 – – Company Has No Debt Maturities Until June 2028 –
Getty Realty Corp. Announces Expanded $450 Million Credit Facility
Neutral
GlobeNewsWire
1 month ago
Getty Realty Corp. Announces 2024 Dividend Tax Treatment
NEW YORK, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Getty Realty Corp. (NYSE: GTY) announced today the allocations of the Company's 2024 dividend distributions on its common stock (CUSIP #374297109). The allocations as they will be reported on Form 1099-DIV are as follows:
Getty Realty Corp. Announces 2024 Dividend Tax Treatment
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