Getty Realty Corp. (GTY)
| Market Cap | 1.68B |
| Revenue (ttm) | 203.39M |
| Net Income (ttm) | 68.44M |
| Shares Out | 55.03M |
| EPS (ttm) | 1.25 |
| PE Ratio | 24.37 |
| Forward PE | 24.18 |
| Dividend | $1.88 (6.17%) |
| Ex-Dividend Date | Mar 27, 2025 |
| Volume | 15,477 |
| Open | 30.10 |
| Previous Close | 30.22 |
| Day's Range | 30.10 - 30.51 |
| 52-Week Range | 25.70 - 33.85 |
| Beta | 0.96 |
| Analysts | Buy |
| Price Target | 33.67 (+10.54%) |
| Earnings Date | Feb 12, 2025 |
About GTY
Getty Realty Corp. is a publicly traded, net lease REIT specializing in the acquisition, financing and development of convenience, automotive and other single tenant retail real estate. As of December 31, 2023, the Company’s portfolio included 1,093 freestanding properties located in 40 states across the United States and Washington, D.C. [Read more]
Financial Performance
In 2024, Getty Realty's revenue was $203.39 million, an increase of 9.44% compared to the previous year's $185.85 million. Earnings were $68.44 million, an increase of 18.11%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for GTY stock is "Buy." The 12-month stock price forecast is $33.67, which is an increase of 10.54% from the latest price.
News
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 Co...
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 ...
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 i...
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 Chargi...
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.
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,...
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 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 allo...
Getty Realty's Updated Guidance Adds To Its Solid Baseline
Getty Realty boasts robust fundamentals, with a 99.7% occupancy rate and consistent rental collections, supporting its strong financial performance and dividend growth. The REIT's diversified portfoli...
3 High-Yielding Dividend Stocks For 2025
The New Year could pose challenges as markets absorb the Fed's latest interest rate cuts and the sell-off in global equities. However, higher-yielding investments can offer income and hedging opportun...
Getty Realty: Pullback Creates Opportunity As Capital Market Risk Is Manageable
Getty Realty has underperformed despite a stable, low-risk business profile and strong financial results, making it an attractive buy opportunity. The REIT's high-quality tenant base and 99.7% occupan...
Getty Realty Corp. to Report Fourth Quarter 2024 Financial Results
NEW YORK, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Getty Realty Corp. (NYSE: GTY) will release its financial results for the fourth quarter ended December 31, 2024, after the market closes on Wednesday, Febr...
Property Type Round-Up From REITworld 2024
REITs are poised for growth with stabilizing interest rates, low new supply, and robust balance sheets supporting higher rents and long-term asset growth. Healthcare REITs benefit from strong senior h...
Getty Realty Corp. Closes $125 Million Private Placement of Senior Unsecured Notes
NEW YORK, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Getty Realty Corp. (NYSE: GTY) (“Getty” or the “Company”) announced today the closing of its previously disclosed private placement of $125 million of senio...
Beat Back Market Turbulence With These Yields Up To 9%
Election. Recession. No landing. Social unrest. Election contest. Low beta, anyone? Today we'll talk calm in a sea of manic. A six-pack of tranquil dividend payers yielding up to 8.9%.
Getty Realty: Solid Q3 Results Given Stable Cash Flow And Accretive M&A
Getty Realty has gained 23% in the past year, driven by expectations of Federal Reserve rate cuts, and offers a 5.8% dividend yield. The company's stable business model, with 99.7% occupancy and stron...
Getty Realty Corp. (GTY) Q3 2024 Earnings Call Transcript
Getty Realty Corp. (NYSE:GTY) Q3 2024 Earnings Conference Call October 24, 2024 8:30 AM ET Company Participants Joshua Dicker - Executive Vice President, General Counsel and Secretary Christopher Con...
Getty Realty Corp. Announces Third Quarter 2024 Results
- Reports $147.6 Million of Year-to-Date Investment Activity - - Raises 2024 Full Year Earnings Guidance - NEW YORK, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Getty Realty Corp. (NYSE: GTY) (“Getty” or the “C...
Getty Realty Corp. Announces Increased Quarterly Cash Dividend
NEW YORK, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Getty Realty Corp. (NYSE: GTY) announced today that its Board of Directors declared a cash dividend of $0.47 per common share, an increase of 4.4% over the ...
U.S. REITs Log Dip In Short Interest In September
Average REIT short interest fell 8 basis points in September to 3.7% of shares outstanding, per S&P Global Market Intelligence data. The hotel sector followed with a 60-basis point drop, while the off...
Getty Realty: Double-Digit AFFO Growth, Near 6% Yield Make Them A Long-Term Buy
Getty Realty remains an attractive buy for long-term dividend investors, offering a nearly 6% yield and strong fundamentals despite recent sector cooling. GTY has shown robust growth with double-digit...
Buried Treasures: 11 Dramatically Undervalued REITs
REIT yields are becoming more competitive, especially with the likelihood of interest rate cuts and low inflation on the horizon. This article identifies 35 equity REITs yielding 4.75% or better and a...
Getty Realty: Profitable, Solvent, And Undervalued
Getty Realty is a net-lease REIT with a well-diversified portfolio of properties, high occupancy, and a solid tenant base. The REIT maintains a BBB- rating with manageable debt levels and high liquidi...