Real Estate -
REIT - Retail - NYSE - US
$ 28.62
-3.9 %
$ 1.57 B
Market Cap
22.9
P/E
1. INTRINSIC VALUE
Balance Sheet
Getty Realty Corp.
| Current Assets | 107 M |
| Cash & Short-Term Investments | 9.48 M |
| Receivables | 64.1 M |
| Other Current Assets | 33.8 M |
| Non-Current Assets | 184 M |
| Long-Term Investments | 0 |
| PP&E | 12.5 M |
| Other Non-Current Assets | 171 M |
| Current Liabilities | 154 M |
| Accounts Payable | 45.2 M |
| Short-Term Debt | 82.5 M |
| Other Current Liabilities | 26.5 M |
| Non-Current Liabilities | 857 M |
| Long-Term Debt | 836 M |
| Other Non-Current Liabilities | 20.9 M |
EFFICIENCY
Earnings Waterfall
Getty Realty Corp.
| Revenue | 203 M |
| Cost Of Revenue | 14.9 M |
| Gross Profit | 189 M |
| Operating Expenses | 78.8 M |
| Operating Income | 110 M |
| Other Expenses | 38.7 M |
| Net Income | 71.1 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Getty Realty Corp.
| Net Income | 71.1 M |
| Depreciation & Amortization | 55 M |
| Capital Expenditures | -878 K |
| Stock-Based Compensation | 5.93 M |
| Change in Working Capital | -197 K |
| Others | -1.48 M |
| Free Cash Flow | 130 M |
Wall Street Analysts Price Targets
Getty Realty Corp.
Wall Street analysts predict an average 1-year price target for GTY of $33 , with forecasts ranging from
a
low of
$32 to a high of $34 .
GTY Lowest Price Target
Wall Street Target
32 USD
11.81%
GTY Average Price Target
Wall Street Target
33 USD
15.30%
GTY Highest Price Target
Wall Street Target
34 USD
18.80%
4. DIVIDEND
ANALYSIS
1.53%
DIVIDEND YIELD
0.47 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Getty Realty Corp.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
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.
globenewswire.com
- 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.
seekingalpha.com
- 3 weeks 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.
seekingalpha.com
- 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.
seekingalpha.com
- 1 month 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.
seekingalpha.com
- 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.
zacks.com
- 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.
globenewswire.com
- 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.
globenewswire.com
- 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.
seekingalpha.com
- 2 months 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.
seekingalpha.com
- 2 months 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.
seekingalpha.com
- 2 months 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.
seekingalpha.com
- 2 months ago
8. Profile
Summary
Getty Realty Corp. GTY
COUNTRY
US
INDUSTRY
REIT - Retail
MARKET CAP
$ 1.57 B
Dividend Yield
1.53%
Description
Getty Realty Corp. is the leading publicly traded real estate investment trust in the United States specializing in the ownership, leasing and financing of convenience store and gasoline station properties. As of September 30, 2020, the Company owned 896 properties and leased 58 properties from third-party landlords in 35 states across the United States and Washington, D.C.
Contact
Two Jericho Plaza, Jericho, NY, 11753
https://www.gettyrealty.com
IPO
Date
May 3, 1973
Employees
29
Officers
RJ Ryan
Senior Vice President of Acquisitions
Mr. Christopher J. Constant
President, Chief Executive Officer & Director
Mr. Brian Robert Dickman
Executive Vice President, Chief Financial Officer & Treasurer
Mr. Eugene Shnayderman CPA
Chief Accounting Officer & Controller
Mr. Mark J. Olear
Executive Vice President, Chief Investment Officer & Chief Operating Officer
Ms. Elena Lokis
Vice President of Asset Management
Mr. Joshua Dicker J.D.
Executive Vice President, General Counsel & Corporate Secretary