Real Estate -
REIT - Retail - NYSE - US
$ 30.79
-0.677 %
$ 1.69 B
Market Cap
26.54
P/E
1. INTRINSIC VALUE
Balance Sheet
Getty Realty Corp.
| Current Assets | 179 M |
| Cash & Short-Term Investments | 3.31 M |
| Receivables | 171 M |
| Other Current Assets | 4.41 M |
| Non-Current Assets | 1.58 B |
| Long-Term Investments | 0 |
| PP&E | 14.7 M |
| Other Non-Current Assets | 1.57 B |
| Current Liabilities | 81.6 M |
| Accounts Payable | 27.4 M |
| Short-Term Debt | 0 |
| Other Current Liabilities | 54.3 M |
| Non-Current Liabilities | 789 M |
| Long-Term Debt | 769 M |
| Other Non-Current Liabilities | 19.4 M |
EFFICIENCY
Earnings Waterfall
Getty Realty Corp.
| Revenue | 186 M |
| Cost Of Revenue | 23.8 M |
| Gross Profit | 162 M |
| Operating Expenses | 70.9 M |
| Operating Income | 91.1 M |
| Other Expenses | 31 M |
| Net Income | 60.2 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Getty Realty Corp.
| Net Income | 60.2 M |
| Depreciation & Amortization | 51.3 M |
| Capital Expenditures | -309 K |
| Stock-Based Compensation | 5.58 M |
| Change in Working Capital | -10 M |
| Others | -10.2 M |
| Free Cash Flow | 105 M |
Wall Street Analysts Price Targets
Getty Realty Corp.
Wall Street analysts predict an average 1-year price target for GTY of $34.2 , with forecasts ranging from
a
low of
$33 to a high of $37 .
GTY Lowest Price Target
Wall Street Target
33 USD
7.18%
GTY Average Price Target
Wall Street Target
34.2 USD
11.08%
GTY Highest Price Target
Wall Street Target
37 USD
20.17%
4. DIVIDEND
ANALYSIS
1.45%
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
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
4 years ago
Apr 03, 2020
|
Sell 972 K
USD
|
LIEBOWITZ LEO
Director
|
- 50000
|
19.45 USD |
|
4 years ago
Apr 06, 2020
|
Sell 1.13 M
USD
|
LIEBOWITZ LEO
Director
|
- 56000
|
20.2 USD |
|
4 years ago
Apr 03, 2020
|
Sell 966 K
USD
|
LIEBOWITZ LEO
Director
|
- 49858
|
19.38 USD |
|
4 years ago
Mar 25, 2020
|
Sell 538 K
USD
|
LIEBOWITZ LEO
Director
|
- 25000
|
21.5 USD |
|
4 years ago
Mar 25, 2020
|
Sell 558 K
USD
|
LIEBOWITZ LEO
Director
|
- 25000
|
22.3 USD |
|
4 years ago
Mar 16, 2020
|
Bought
206 K USD
|
COVIELLO PHILIP E JR
Director
|
+ 10000
|
20.57 USD |
|
4 years ago
Mar 11, 2020
|
Sell 423 K
USD
|
LIEBOWITZ LEO
Director
|
- 16236
|
26.04 USD |
|
4 years ago
Mar 09, 2020
|
Sell 240 K
USD
|
LIEBOWITZ LEO
Director
|
- 8540
|
28.12 USD |
|
4 years ago
Mar 10, 2020
|
Sell 954 K
USD
|
LIEBOWITZ LEO
Director
|
- 33598
|
28.4 USD |
|
4 years ago
Mar 05, 2020
|
Sell 1.1 M
USD
|
LIEBOWITZ LEO
Director
|
- 37012
|
29.62 USD |
|
4 years ago
Mar 06, 2020
|
Sell 571 K
USD
|
LIEBOWITZ LEO
Director
|
- 19531
|
29.26 USD |
|
4 years ago
Mar 05, 2020
|
Sell 1.1 M
USD
|
LIEBOWITZ LEO
Director
|
- 37012
|
29.62 USD |
|
4 years ago
Mar 06, 2020
|
Sell 571 K
USD
|
LIEBOWITZ LEO
Director
|
- 19531
|
29.26 USD |
|
4 years ago
Mar 06, 2020
|
Sell 270 K
USD
|
LIEBOWITZ LEO
Director
|
- 9116
|
29.59 USD |
|
4 years ago
Mar 09, 2020
|
Sell 148 K
USD
|
LIEBOWITZ LEO
Director
|
- 5300
|
28 USD |
|
4 years ago
Mar 03, 2020
|
Sell 993 K
USD
|
LIEBOWITZ LEO
Director
|
- 34393
|
28.86 USD |
|
4 years ago
Mar 04, 2020
|
Sell 319 K
USD
|
LIEBOWITZ LEO
Director
|
- 10906
|
29.28 USD |
|
4 years ago
Mar 04, 2020
|
Sell 637 K
USD
|
LIEBOWITZ LEO
Director
|
- 21408
|
29.76 USD |
|
5 years ago
Dec 31, 2019
|
Sell 200 K
USD
|
LIEBOWITZ LEO
Director
|
- 6150
|
32.56 USD |
|
9 years ago
Mar 16, 2015
|
Bought
59.7 K USD
|
COOPER MILTON
Director
|
+ 3297
|
18.11 USD |
|
9 years ago
Mar 13, 2015
|
Bought
251 K USD
|
COOPER MILTON
Director
|
+ 14152
|
17.77 USD |
|
9 years ago
Mar 12, 2015
|
Bought
223 K USD
|
COOPER MILTON
Director
|
+ 12551
|
17.75 USD |
|
12 years ago
Mar 28, 2012
|
Bought
150 K USD
|
MONTAG RICHARD E
Director
|
+ 10000
|
14.99 USD |
|
12 years ago
Mar 20, 2012
|
Bought
139 K USD
|
COVIELLO PHILIP E JR
Director
|
+ 10000
|
13.9 USD |
|
13 years ago
Nov 15, 2011
|
Bought
223 K USD
|
Driscoll David B
President and CEO
|
+ 15000
|
14.8605 USD |
|
13 years ago
Jul 21, 2011
|
Sell 47.8 K
USD
|
COOPER MILTON
Director
|
- 1852
|
25.79 USD |
|
13 years ago
May 18, 2011
|
Bought
1.16 M USD
|
LIEBOWITZ LEO
Director
|
+ 47351
|
24.51 USD |
|
13 years ago
May 17, 2011
|
Bought
63.6 K USD
|
LIEBOWITZ LEO
Director
|
+ 2649
|
24 USD |
|
13 years ago
May 13, 2011
|
Bought
733 K USD
|
LIEBOWITZ LEO
Director
|
+ 30000
|
24.44 USD |
|
13 years ago
May 13, 2011
|
Bought
1.21 M USD
|
LIEBOWITZ LEO
Director
|
+ 50000
|
24.28 USD |
|
14 years ago
May 24, 2010
|
Bought
85.8 K USD
|
MONTAG RICHARD E
Director
|
+ 4000
|
21.45 USD |
|
16 years ago
Sep 15, 2008
|
Bought
207 K USD
|
LIEBOWITZ LEO
CEO
|
+ 10000
|
20.7441 USD |
|
16 years ago
Sep 12, 2008
|
Bought
104 K USD
|
LIEBOWITZ LEO
CEO
|
+ 5000
|
20.8976 USD |
|
16 years ago
Jul 03, 2008
|
Bought
34.8 K USD
|
COOPER MILTON
Director
|
+ 2500
|
13.9288 USD |
|
16 years ago
Mar 25, 2008
|
Bought
36.3 K USD
|
COVIELLO PHILIP E JR
Director
|
+ 2500
|
14.5018 USD |
7. News
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 opportunities. The S&P 500's Shiller price-to-earnings (P/E) Ratio, among other historic indicators, underscores fears of a potential bear market. Income-generating stocks can help offset potential losses and continued risks of market volatility, inflation, and prolonged high interest rates.
seekingalpha.com
- 2 weeks ago
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% occupancy rate ensure steady cash flows and low renewal risk, supporting its financial stability. Capital market reliance and rising interest rates pose risks, but Getty's cost of capital remains manageable, with ongoing M&A activities expected to be accretive.
seekingalpha.com
- 2 weeks ago
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, February 12, 2025.
globenewswire.com
- 3 weeks ago
Don't Miss The Dividend Train: 2 Top Buys To End 2024
Time in the market generally beats timing the market. This can be enhanced by buying low and selling high. Here's how. Being an active investor, I believe that timing individual equities can complement the strategy of staying consistently invested. You're timing stocks, while staying in the market. The Dividend Train concept emphasizes the importance of timing when buying dividend stocks to maximize income and compound growth.
seekingalpha.com
- 1 month ago
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 housing demand and limited new supply, despite valuation debates and management changes at Healthcare Realty. Multifamily and single-family rental sectors show regional variability, but long-term growth driven by demographic trends.
seekingalpha.com
- 1 month ago
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 senior unsecured notes, including (i) $50 million of notes priced at a fixed rate of 5.52% and maturing September 12, 2029 and (ii) $75 million of notes priced at a fixed rate of 5.70% and maturing February 22, 2032.
globenewswire.com
- 1 month ago
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%.
forbes.com
- 2 months ago
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 strong tenant credit profiles, ensures consistent cash flow and minimal delinquency risk. Getty's long-term leases with automatic escalators and a solid balance sheet support its acquisitive growth strategy, yielding 8% on new deals.
seekingalpha.com
- 2 months ago
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 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 Farrell Granath - Bank of America Mitch Germain - Citizens JMP Securities Upal Rana - KeyBanc Capital Markets Wesley Golladay - Robert W. Baird & Co. Operator Good morning, and welcome to Getty Realty's Third Quarter 2024 Earnings Call.
seekingalpha.com
- 2 months ago
Getty Realty (GTY) Q3 FFO and Revenues Surpass Estimates
Getty Realty (GTY) came out with quarterly funds from operations (FFO) of $0.59 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to FFO of $0.57 per share a year ago.
zacks.com
- 2 months ago
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 “Company”), a net lease REIT focused on convenience and automotive retail real estate, announced today its financial and operating results for the quarter ended September 30, 2024. Third Quarter 2024 Highlights Net earnings: $0.27 per share Funds From Operations (“FFO”): $0.56 per share Adjusted Funds From Operations (“AFFO”): $0.59 per share Invested $30.2 million across 16 properties at an 8.0% initial cash yield, plus an additional $15.1 million across four properties subsequent to quarter end Raised gross proceeds of approximately $121.1 million in a follow-on common stock offering in connection with forward sales agreements Agreed to issue $125.0 million of new senior unsecured notes to certain investors in a private placement transaction Extended leases totaling 11.0% of annualized base rent, or ABR, and increased the portfolio's weighted average lease term, or WALT, to more than 10.0 years As of October 23, 2024, had a committed investment pipeline of more than $70.0 million for the development and/or acquisition of 24 convenience and automotive retail properties “We are pleased to have produced another quarter of consistent earnings growth, while expanding and diversifying our portfolio of convenience and automotive retail properties," stated Christopher J.
globenewswire.com
- 2 months ago
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 previous quarterly dividend. The dividend is payable on January 9, 2025 to holders of record on December 26, 2024.
globenewswire.com
- 2 months ago
8. Profile
Summary
Getty Realty Corp. GTY
COUNTRY
US
INDUSTRY
REIT - Retail
MARKET CAP
$ 1.69 B
Dividend Yield
1.45%
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
32
Officers
Mr. Mark J. Olear
Executive Vice President, Chief Investment Officer & Chief Operating Officer
Mr. Brian Robert Dickman
Executive Vice President, Chief Financial Officer & Treasurer
Mr. Eugene Shnayderman CPA
Chief Accounting Officer & Controller
Mr. Christopher J. Constant
President, Chief Executive Officer & Director
Mr. Joshua Dicker J.D.
Executive Vice President, General Counsel & Corporate Secretary