Getty Realty Corp. (GTY)
| Market Cap | 1.69B |
| Revenue (ttm) | 198.02M |
| Net Income (ttm) | 62.72M |
| Shares Out | 55.02M |
| EPS (ttm) | 1.16 |
| PE Ratio | 26.57 |
| Forward PE | 24.06 |
| Dividend | $1.88 (6.11%) |
| Ex-Dividend Date | Dec 26, 2024 |
| Volume | 249,842 |
| Open | 31.19 |
| Previous Close | 31.00 |
| Day's Range | 30.74 - 31.61 |
| 52-Week Range | 25.70 - 33.85 |
| Beta | 0.96 |
| Analysts | Buy |
| Price Target | 33.67 (+9.35%) |
| 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 2023, Getty Realty's revenue was $185.85 million, an increase of 12.23% compared to the previous year's $165.59 million. Earnings were $57.94 million, a decrease of -34.11%.
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 9.35% from the latest price.
News
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...
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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...
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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...
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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...
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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...
2 Under-The-Radar Net Lease REITs: Where's The Love?
Postal Realty Trust is a net lease REIT focused on USPS properties, with a 6.2 million SF portfolio and growth potential through consolidation. Getty Realty specializes in convenience stores and autom...
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Getty Realty Corp.: A Single Tenant Retail REIT Offering Investors An Attractive Yield Of 5.97%
The company's strategic acquisitions and development activities have strengthened its portfolio, but investors should be aware of potential risks and headwinds. GTY's valuation is favorable compared t...
Getty Realty Corp. Announces Pricing of Public Offering of 3,500,000 Shares of Common Stock
NEW YORK, July 30, 2024 (GLOBE NEWSWIRE) -- Getty Realty Corp. (NYSE: GTY) (the “Company”) today announced the pricing of an underwritten public offering of 3,500,000 shares of its common stock, sold ...
Getty Realty Corp. (GTY) Q2 2024 Earnings Call Transcript
Getty Realty Corp. (NYSE:GTY) Q2 2024 Earnings Conference Call July 25, 2024 8:30 AM ET Company Participants Joshua Dicker - Executive Vice President, General Counsel and Secretary Christopher Consta...
Getty Realty Corp. Announces Second Quarter 2024 Results
– Reports $104 Million of Year-to-Date Investment Activity – – Increases 2024 Full Year Earnings Guidance – NEW YORK, July 24, 2024 (GLOBE NEWSWIRE) -- Getty Realty Corp. (NYSE: GTY) (“Getty” or the “...
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Getty Realty Corp. Announces Regular Quarterly Cash Dividend
NEW YORK, July 23, 2024 (GLOBE NEWSWIRE) -- Getty Realty Corp. (NYSE: GTY) announced today that its Board of Directors declared a cash dividend of $0.45 per common share payable on October 10, 2024 to...