GTY
Getty Realty Corp
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 7,299 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
417% more call options, than puts
Call options by funds: $770K | Put options by funds: $149K
133% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 18
12% more repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 93
8% more funds holding
Funds holding: 258 [Q4 2024] → 278 (+20) [Q1 2025]
1.18% more ownership
Funds ownership: 85.51% [Q4 2024] → 86.69% (+1.18%) [Q1 2025]
5% more capital invested
Capital invested by funds: $1.42B [Q4 2024] → $1.49B (+$69.5M) [Q1 2025]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q4 2024] → 1 (+0) [Q1 2025]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$29
1%
upside
Avg. target
$31
9%
upside
High target
$33
15%
upside
3 analyst ratings
1 positive
33%
2 neutral
67%
0 negative
0%
UBS Michael Goldsmith | 1%upside $29 | Neutral Maintained | 13 May 2025 |
Keybanc Todd Thomas | 15%upside $33 | Overweight Maintained | 7 May 2025 |
Baird Wesley Golladay | 11%upside $32 | Neutral Maintained | 24 Apr 2025 |
Financial journalist opinion
Neutral
GlobeNewsWire
2 weeks ago
Getty Realty Corp. Publishes 2025 Corporate Responsibility Report
NEW YORK, June 02, 2025 (GLOBE NEWSWIRE) -- Getty Realty Corp. (NYSE: GTY) announced today that it has published its 2025 Corporate Responsibility Report highlighting the Company's environmental, social and governance ("ESG") policies and practices. Getty engaged Antea® Group, an Environment, Health, Safety, and Sustainability consulting firm, to assist with the report which was prepared with consideration of the frameworks established by the Sustainability Accounting Standards Board (SASB) and the Task Force on Climate-Related Financial Disclosures (TCFD).
Positive
Seeking Alpha
2 weeks ago
Nothing But Net (Lease REITs)
Net Lease REITs create value by investing at returns above their cost of capital; WACC is a key metric for quality assessment. Top Net Lease REITs like Agree Realty, Essential Properties, Four Corners, VICI, and Realty Income have the most attractive WACCs and investment spreads. High-yield or cheap REITs often have elevated payout ratios and weaker balance sheets, signaling higher risk and possible dividend instability.
Negative
Seeking Alpha
1 month ago
Getty Realty: Secure Dividend But Increased Risks To Growth
Getty Realty shares have dropped over 15% recently, with Q1 earnings failing to halt the decline, highlighting market volatility risks. The company reported solid financials, including 6.8% revenue growth and 6.9% FFO growth, but higher financing costs and share dilution limit per-share growth. Diversification into car washes and drive-thrus is ongoing, but tenant issues like Zips Car Wash bankruptcy raise concerns about new business lines' recession resilience.
Positive
Seeking Alpha
1 month ago
Tensions Ease Ahead Of Critical Week
US equity markets resumed their recovery this week from the "liberation day" plunge after the White House negotiated trade deals with several nations and indicated plans to ease China tariffs. Trimming its drawdown to around 10% from its mid-February highs, the S&P 500 rallied 4.6% this week - erasing an early-week dip with four-straight days of gains. After posting significant outperformance last week, real estate equities were among the laggards this week despite a solid start to REIT earnings season and a much-needed retreat in benchmark rates.
Neutral
Seeking Alpha
1 month ago
Getty Realty Corp. (GTY) Q1 2025 Earnings Call Transcript
Start Time: 08:30 January 1, 0000 9:16 AM ET Getty Realty Corp. (NYSE:GTY ) Q1 2025 Earnings Conference Call April 24, 2025, 08:30 AM ET Company Participants Christopher Constant - President and CEO Mark Olear - EVP and COO Brian Dickman - EVP, CFO and Treasurer Joshua Dicker - EVP, General Counsel and Secretary Conference Call Participants Daniel Byrne - Bank of America Mitch Germain - Citizens JMP Upal Rana - KeyBanc Capital Markets Wes Golladay - Baird Brad Heffern - RBC Michael Goldsmith - UBS Michael Gorman - BTIG Operator Good morning, and welcome to Getty Realty First Quarter 2025 Earnings Call. This call is being recorded.
Positive
Zacks Investment Research
1 month ago
Getty Realty (GTY) Q1 FFO Match Estimates
Getty Realty (GTY) came out with quarterly funds from operations (FFO) of $0.59 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.57 per share a year ago.
Neutral
GlobeNewsWire
1 month ago
Getty Realty Corp. Announces First Quarter 2025 Results
- Committed Investment Pipeline Exceeds $110 Million - - No Debt Maturities Until June 2028 - - Reaffirms 2025 Earnings Guidance - NEW YORK, April 23, 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 ended March 31, 2025. First Quarter 2025 Highlights Net earnings: $0.25 per share Funds From Operations (“FFO”): $0.56 per share Adjusted Funds From Operations (“AFFO”): $0.59 per share Invested $10.9 million across six properties at a 7.8% initial cash yield Refinanced all 2025 debt maturities and have no debt maturities until June 2028 Committed investment pipeline of more than $110.0 million for the development and/or acquisition of 29 convenience and automotive retail properties, as of April 23, 2025 “We started the year with another quarter of steady performance as we delivered 3.5% AFFO per share growth, maintained strong portfolio metrics, and demonstrated effective balance sheet management,” stated Christopher J.
Neutral
GlobeNewsWire
1 month ago
Getty Realty Corp. Announces Regular Quarterly Cash Dividend
NEW YORK, April 22, 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 July 10, 2025 to holders of record on June 26, 2025.
Positive
Seeking Alpha
2 months 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.
Neutral
GlobeNewsWire
2 months 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.
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