View ValuationGetty Realty 향후 성장Future 기준 점검 1/6Getty Realty (는) 각각 연간 9.2% 및 7.6% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 3.3% 만큼 쇠퇴할 것으로 예상됩니다. 자기자본이익률은 3년 후 9.2% 로 예상됩니다.핵심 정보9.2%이익 성장률-3.30%EPS 성장률Retail REITs 이익 성장-1.8%매출 성장률7.6%향후 자기자본이익률9.16%애널리스트 커버리지Good마지막 업데이트20 May 2026최근 향후 성장 업데이트Major Estimate Revision • Oct 30Consensus EPS estimates increase by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from US$209.9m to US$214.1m. EPS estimate increased from US$1.14 to US$1.28 per share. Net income forecast to grow 13% next year vs 2.7% decline forecast for Retail REITs industry in the US. Consensus price target broadly unchanged at US$32.00. Share price fell 2.4% to US$27.56 over the past week.Price Target Changed • Oct 12Price target decreased by 7.3% to US$33.20Down from US$35.80, the current price target is an average from 5 analysts. New target price is 22% above last closing price of US$27.21. Stock is down 1.0% over the past year. The company is forecast to post earnings per share of US$1.18 for next year compared to US$1.88 last year.모든 업데이트 보기Recent updates속보 • May 18Getty Realty Draws Analyst Optimism With Q1 Earnings Beat and Expanded Investment PipelineKeyBanc raised its price target on Getty Realty to $36 and kept an Overweight rating, pointing to strong liquidity and an expanded investment pipeline. Getty Realty reported Q1 2026 earnings per share of $0.43 with revenue slightly above forecasts. The company invested $30 million during the quarter, aligning with its stated growth-focused investment approach, while Citizens reiterated a Market Outperform rating and a $35 price target. Analysts are reacting to Getty Realty’s Q1 2026 report with higher price targets and positive ratings, tying their views to the company’s balance sheet strength, recent investment activity and earnings relative to expectations. For investors, a central consideration is whether Getty’s current valuation, earnings profile and pipeline fit their risk tolerance, particularly in light of the ongoing capital commitments implied by the US$30 million invested in the quarter.내러티브 업데이트 • May 14GTY: Liquidity And Acquisition Spreads Will Shape Balanced Post Equity Offering OutlookAnalysts have raised the Getty Realty price target to a range of about $33 to $37, with one moving up to $36. They cited the company's liquidity of over $625M, 4.2x leverage, and investment spreads of roughly 150 bps as support for a larger $125M investment pipeline and potential earnings growth.내러티브 업데이트 • Apr 28GTY: Acquisition Spreads And Equity Issuance Will Guide Balanced Forward ReturnsAnalysts lifted their average price target on Getty Realty by about $0.60 to roughly $34.30, citing updated fair value work, slightly adjusted growth and margin assumptions, and recent Street target increases across several firms following Q4 results and acquisition commentary. Analyst Commentary Recent research points to a cluster of higher price targets on Getty Realty, with several firms revisiting their models after Q4 results, updated guidance, and commentary on acquisition activity and cost of capital.Declared Dividend • Apr 24Dividend of US$0.48 announcedShareholders will receive a dividend of US$0.48. Ex-date: 25th June 2026 Payment date: 9th July 2026 Dividend yield will be 5.8%, which is higher than the industry average of 5.2%.공시 • Apr 23Getty Realty Corp. announces Quarterly dividend, payable on July 09, 2026Getty Realty Corp. announced Quarterly dividend of USD 0.4850 per share payable on July 09, 2026, ex-date on June 25, 2026 and record date on June 25, 2026.Seeking Alpha • Apr 23Getty Realty: Steady Growth Continues In Q1Summary Getty Realty remains a "Buy" for secure income and steady growth, supported by resilient operations and a 5.7% dividend yield. Q1 FFO rose 15% to $0.63 per share, with 99.7% occupancy and 2.5x tenant rent coverage, underscoring GTY’s portfolio strength. GTY’s acquisition pipeline and annual rent escalators drive ~4% FFO growth, with management raising 2024 guidance to $2.50–$2.52. Leverage is managed at ~5x net debt/EBITDA, with no debt maturities until 2028, supporting ongoing M&A and dividend security. Read the full article on Seeking Alpha내러티브 업데이트 • Apr 11GTY: Acquisition Spreads And Equity Issuance Will Shape Balanced Forward OutlookNarrative Update The analyst price target for Getty Realty now centers around a range of $33 to $37, up from prior levels near $29 to $35, as analysts factor in steady Q4 acquisition activity, expectations for 100 to 150 bps investment spreads, and management’s constructive tone on 2026 acquisition volumes and cost of capital. Analyst Commentary Recent research updates on Getty Realty highlight a mix of optimism around acquisition execution and cost of capital, balanced against a more measured view on valuation and return expectations.내러티브 업데이트 • Mar 27GTY: Acquisition Spreads And Equity Issuance Will Support Balanced Forward OutlookAnalysts have inched their fair value estimate for Getty Realty higher to about $33.71 from $33.57, reflecting updated price targets in the $33 to $37 range that are supported by views on steady acquisition activity, investment spreads, and potential upside from increased investment volumes. Analyst Commentary Recent research points to a cluster of higher price targets for Getty Realty in the low to mid US$30s, with views shaped by Q4 results, acquisition trends and expectations around investment spreads and volumes.공시 • Mar 25Getty Realty Corp. to Report Q1, 2026 Results on Apr 22, 2026Getty Realty Corp. announced that they will report Q1, 2026 results After-Market on Apr 22, 2026Upcoming Dividend • Mar 19Upcoming dividend of US$0.48 per shareEligible shareholders must have bought the stock before 26 March 2026. Payment date: 09 April 2026. Trailing yield: 5.8%. Within top quartile of American dividend payers (4.4%). Higher than average of industry peers (4.6%).공시 • Mar 13Getty Realty Corp., Annual General Meeting, Apr 21, 2026Getty Realty Corp., Annual General Meeting, Apr 21, 2026.내러티브 업데이트 • Mar 11GTY: Future Acquisition Spreads And Equity Raise Shape Balanced OutlookNarrative Update: Getty Realty The analyst price target range for Getty Realty has shifted higher toward $33–$37, reflecting updated views on slightly lower discount rate assumptions, modestly adjusted revenue growth expectations, and firmer profit margin and future P/E inputs following recent Q4 results and commentary around acquisition activity and investment spreads in the triple net REIT space. Analyst Commentary Recent Street research on Getty Realty has focused on updated price targets in the low to mid US$30s, framed around Q4 results, acquisition activity, and expected investment spreads in the triple net REIT space.New Risk • Feb 18New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.8x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (16% increase in shares outstanding).공시 • Feb 18+ 2 more updatesGetty Realty Corp. has completed a Follow-on Equity Offering in the amount of $129.92 million.Getty Realty Corp. has completed a Follow-on Equity Offering in the amount of $129.92 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 4,000,000 Price\Range: $32.48Declared Dividend • Feb 13Fourth quarter dividend of US$0.48 announcedShareholders will receive a dividend of US$0.48. Ex-date: 26th March 2026 Payment date: 9th April 2026 Dividend yield will be 5.7%, which is higher than the industry average of 5.2%.New Risk • Feb 12New major risk - Revenue and earnings growthEarnings have declined by 2.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.7x net interest cover). Earnings have declined by 2.7% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.공시 • Feb 11Getty Realty Corp. Announces Regular Quarterly Cash Dividend, Payable on April 9, 2026Getty Realty Corp. announced that its Board of Directors declared a cash dividend of $0.485 per common share payable on April 9, 2026 to holders of record on March 26, 2026.공시 • Jan 21Getty Realty Corp. Announces Executive ChangesGetty Realty Corp. announced that Mark J. Olear, Executive Vice President, Chief Investment Officer, and Chief Operating Officer, will retire from the Company effective February 27, 2026. Robert J. Ryan, Senior Vice President of Acquisitions, has been selected to succeed Mr. Olear as Chief Investment Officer. The position of Chief Operating Officer will not be backfilled. Mr. Ryan has contributed significantly to Getty’s real estate investment activities since joining the Company in March 2016 as Director of Real Estate. He was promoted to Senior Vice President of Acquisitions in February 2023 after previously serving as Vice President of Acquisitions and Senior Director of Real Estate and Development. Prior to joining Getty, Mr. Ryan served as Vice President of Asset Management for Marx Realty, a Manhattan based owner and developer of office and retail properties. Prior to Marx Realty, Mr. Ryan held various roles at Macerich, a leading owner, operator and developer of major retail and mixed-use developments. Until his retirement, Mr. Olear will continue to serve as Executive Vice President, Chief Investment Officer and Chief Operating Officer, and will work with Mr. Ryan and the rest of the management team to effect an orderly transition. For a period of time thereafter, it is anticipated that Mr. Olear will provide advisory and consulting services to the Company. Mr. Ryan, age 47, joined the Company in March 2016 as Director of Real Estate & Development and was later promoted to Vice President of Acquisitions in 2018 and Senior Vice President of Acquisitions in February 2023. In these roles, Mr. Ryan has been responsible for, and has contributed significantly to, the Company’s real estate investment activities. Prior to joining the Company, Mr. Ryan served as Vice President of Asset Management for Marx Realty, a Manhattan-based owner and developer of office and retail properties, from 2011 to 2016. Prior to Marx Realty, Mr. Ryan held various roles of increasing responsibility at Macerich, a leading owner, operator and developer of major retail and mixed-use developments, from 2003 to 2011. Mr. Ryan earned a Bachelor of Science degree from Arizona State University.공시 • Dec 23Getty Realty Corp. to Report Q4, 2025 Results on Feb 11, 2026Getty Realty Corp. announced that they will report Q4, 2025 results After-Market on Feb 11, 2026Upcoming Dividend • Dec 19Upcoming dividend of US$0.48 per shareEligible shareholders must have bought the stock before 26 December 2025. Payment date: 08 January 2026. Trailing yield: 6.8%. Within top quartile of American dividend payers (4.4%). Higher than average of industry peers (5.0%).공시 • Nov 20Getty Realty Corp. announced that it expects to receive $250 million in fundingGetty Realty Corp. announced that it has entered into a note purchase agreement and issued 5.76% Senior Unsecured Notes for gross proceeds of $250 million on November 20, 2025. The notes have a ten-year term. The Notes are scheduled to fund on January 22, 2026. The senior unsecured notes have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the “Act”) or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Act and applicable state securities laws."Major Estimate Revision • Oct 30Consensus EPS estimates increase by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from US$209.9m to US$214.1m. EPS estimate increased from US$1.14 to US$1.28 per share. Net income forecast to grow 13% next year vs 2.7% decline forecast for Retail REITs industry in the US. Consensus price target broadly unchanged at US$32.00. Share price fell 2.4% to US$27.56 over the past week.Declared Dividend • Oct 24Dividend of US$0.48 announcedShareholders will receive a dividend of US$0.48. Ex-date: 26th December 2025 Payment date: 8th January 2026 Dividend yield will be 6.8%, which is higher than the industry average of 5.2%.Reported Earnings • Oct 23Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: FFO per share: US$0.7 (up from US$0.57 in 3Q 2024). Revenue: US$55.6m (up 8.0% from 3Q 2024). Funds from operations (FFO): US$37.6m (up 23% from 3Q 2024). FFO margin: 68% (up from 60% in 3Q 2024). The increase in margin was primarily driven by lower expenses. Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) also surpassed analyst estimates by 31%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Retail REITs industry in the US. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.공시 • Oct 22Getty Realty Corp. Announces Increased Quarterly Cash Dividend, Payable on January 8, 2026Getty Realty Corp. announced that its Board of Directors declared a cash dividend of $0.485 per common share, an increase of 3.2% over the previous quarterly dividend. The dividend is payable on January 8, 2026 to holders of record on December 26, 2025.공시 • Sep 24Getty Realty Corp. to Report Q3, 2025 Results on Oct 22, 2025Getty Realty Corp. announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Oct 22, 2025Upcoming Dividend • Sep 18Upcoming dividend of US$0.47 per shareEligible shareholders must have bought the stock before 25 September 2025. Payment date: 09 October 2025. Trailing yield: 6.8%. Within top quartile of American dividend payers (4.4%). Higher than average of industry peers (4.8%).Declared Dividend • Jul 25Dividend of US$0.47 announcedShareholders will receive a dividend of US$0.47. Ex-date: 25th September 2025 Payment date: 9th October 2025 Dividend yield will be 6.8%, which is higher than the industry average of 5.2%.Reported Earnings • Jul 24Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2025 results: EPS: US$0.25 (down from US$0.30 in 2Q 2024). Revenue: US$53.3m (up 6.6% from 2Q 2024). Net income: US$14.0m (down 13% from 2Q 2024). Profit margin: 26% (down from 32% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) missed analyst estimates by 13%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Retail REITs industry in the US. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.공시 • Jul 23Getty Realty Corp. Declares A Cash Dividend, Payable on October 9, 2025Getty Realty Corp. announced that its Board of Directors declared a cash dividend of $0.47 per common share payable on October 9, 2025 to holders of record on September 25, 2025.공시 • Jun 25Getty Realty Corp. to Report Q2, 2025 Results on Jul 23, 2025Getty Realty Corp. announced that they will report Q2, 2025 results After-Market on Jul 23, 2025Upcoming Dividend • Jun 20Upcoming dividend of US$0.47 per shareEligible shareholders must have bought the stock before 26 June 2025. Payment date: 10 July 2025. Trailing yield: 6.5%. Within top quartile of American dividend payers (4.8%). Higher than average of industry peers (5.1%).Seeking Alpha • Apr 28Getty Realty: Secure Dividend But Increased Risks To GrowthSummary 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. Despite challenges, Getty Realty's strong balance sheet, secure dividend, and low-risk business model make it a buy for income-focused investors. Read the full article on Seeking AlphaDeclared Dividend • Apr 25Dividend of US$0.47 announcedShareholders will receive a dividend of US$0.47. Ex-date: 26th June 2025 Payment date: 10th July 2025 Dividend yield will be 6.8%, which is higher than the industry average of 5.2%.Reported Earnings • Apr 24First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: FFO per share: US$0.6 (up from US$0.56 in 1Q 2024). Revenue: US$52.3m (up 6.9% from 1Q 2024). Funds from operations (FFO): US$31.7m (up 9.9% from 1Q 2024). FFO margin: 61% (up from 59% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 5.0% p.a. on average during the next 2 years, compared to a 3.6% growth forecast for the Retail REITs industry in the US. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.공시 • Apr 23Getty Realty Corp. Announces Regular Quarterly Cash Dividend, Payable on July 10, 2025Getty Realty Corp. announced 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.Seeking Alpha • Apr 09Getty Realty: Could See Selling Pressure Ahead, But 6% Yield Is AttractiveSummary 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. An attractive valuation at a forward multiple of 12.89x and a well-covered dividend make GTY stock a buy, despite potential recession impacts. Read the full article on Seeking Alpha공시 • Mar 27Getty Realty Corp. to Report Q1, 2025 Results on Apr 23, 2025Getty Realty Corp. announced that they will report Q1, 2025 results at 4:00 PM, US Eastern Standard Time on Apr 23, 2025Seeking Alpha • Mar 27Getty Realty: Limited Downside And Room To GrowSummary 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. Despite potential risks from the EV transition, Getty's valuation and sector stability offer compelling upside, making it a worthwhile buy. Read the full article on Seeking AlphaUpcoming Dividend • Mar 20Upcoming dividend of US$0.47 per shareEligible shareholders must have bought the stock before 27 March 2025. Payment date: 10 April 2025. Trailing yield: 6.1%. Within top quartile of American dividend payers (4.7%). Higher than average of industry peers (5.0%).공시 • Mar 14Getty Realty Corp., Annual General Meeting, Apr 22, 2025Getty Realty Corp., Annual General Meeting, Apr 22, 2025.Seeking Alpha • Mar 10Getty Realty: Great Time To Fill Up On This High YielderSummary 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. Read the full article on Seeking AlphaDeclared Dividend • Feb 14Fourth quarter dividend of US$0.47 announcedShareholders will receive a dividend of US$0.47. Ex-date: 27th March 2025 Payment date: 10th April 2025 Dividend yield will be 6.1%, which is higher than the industry average of 5.2%.Reported Earnings • Feb 13Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: FFO per share: US$2.3 (up from US$2.07 in FY 2023). Revenue: US$203.4m (up 9.4% from FY 2023). Funds from operations (FFO): US$124.0m (up 20% from FY 2023). FFO margin: 61% (up from 56% in FY 2023). The increase in margin was primarily driven by higher revenue. Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) also surpassed analyst estimates by 2.2%. Revenue is forecast to grow 3.0% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the Retail REITs industry in the US. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Seeking Alpha • Jan 24Getty Realty: This Overlooked Near 6% Yielder Is Even More Attractive Than BeforeSummary 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. Despite risks from economic downturns, GTY's strong execution in a high interest rate environment and attractive valuation justify a buy rating with double-digit upside potential. Read the full article on Seeking AlphaSeeking Alpha • Jan 10Getty Realty's Updated Guidance Adds To Its Solid BaselineSummary 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 portfolio spans 42 states, with significant exposure to convenience stores and automotive facilities, though tenant concentration poses some risk. We think its BBB- credit rating is borderline and its rental increase rate seems low. Nonetheless, Getty's solid asset allocation and external liquidity access likely enhance its financial stability. With a forward yield of 6.37% and impressive AFFO growth, Getty Realty seems poised for a breakout year. Read the full article on Seeking AlphaSeeking Alpha • Dec 31Getty Realty: Pullback Creates Opportunity As Capital Market Risk Is ManageableSummary 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. With a secure 6.3% dividend yield and ~10% long-term return potential, GTY stock offers excellent income and moderate growth potential, making it a buy. Read the full article on Seeking Alpha공시 • Dec 23Getty Realty Corp. to Report Q4, 2024 Results on Feb 12, 2025Getty Realty Corp. announced that they will report Q4, 2024 results After-Market on Feb 12, 2025Upcoming Dividend • Dec 19Upcoming dividend of US$0.47 per shareEligible shareholders must have bought the stock before 26 December 2024. Payment date: 09 January 2025. Trailing yield: 6.2%. Within top quartile of American dividend payers (4.5%). Higher than average of industry peers (4.8%).공시 • Nov 27Getty Realty Corp. announced that it has received $125 million in fundingOn November 25, 2024, Getty Realty Corp. closed the transaction.Seeking Alpha • Oct 26Getty Realty: Solid Q3 Results Given Stable Cash Flow And Accretive M&ASummary 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. Despite capital market risks, Getty’s secure dividend and growth potential make it an attractive long-term investment for income-oriented investors. Read the full article on Seeking AlphaDeclared Dividend • Oct 25Dividend of US$0.47 announcedShareholders will receive a dividend of US$0.47. Ex-date: 26th December 2024 Payment date: 9th January 2025 Dividend yield will be 5.6%, which is higher than the industry average of 5.2%.공시 • Oct 25Getty Realty Corp. Declares Quarterly Cash Dividend, Payable on January 9, 2025Getty Realty Corp. announced that its board of directors declared a quarterly 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.Reported Earnings • Oct 24Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2024 results: EPS: US$0.28 (down from US$0.31 in 3Q 2023). Revenue: US$51.5m (up 1.9% from 3Q 2023). Net income: US$15.3m (down 1.0% from 3Q 2023). Profit margin: 30% (in line with 3Q 2023). Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) missed analyst estimates by 10%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Retail REITs industry in the US. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Seeking Alpha • Oct 16Getty Realty: Double-Digit AFFO Growth, Near 6% Yield Make Them A Long-Term BuySummary 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 FFO & AFFO increases and a solid balance sheet, supporting its expansion and long-term outlook. The REIT's portfolio, focused on convenience stores and car washes, presents some risks but also significant growth potential, especially with favorable interest rate trends. Despite trading below peers with a P/AFFO multiple of 13.29x, GTY's strong fundamentals and conservative payout ratio justify a continued buy rating. Their risks include an economic downturn which would likely impact car washes and QSRs, but GTY's conservative payout ratio, valuation, and manageable debt enhance its investment appeal. Read the full article on Seeking Alpha공시 • Sep 25Getty Realty Corp. to Report Q3, 2024 Results on Oct 23, 2024Getty Realty Corp. announced that they will report Q3, 2024 results After-Market on Oct 23, 2024새로운 내러티브 • Sep 24Critical Growth And Diversification In Retail REITs Fuels Optimistic Financial Outlook Active portfolio expansion and diversification through significant investments and a strategic focus on sectors like convenience stores and car washes signal strong growth prospects.Upcoming Dividend • Sep 19Upcoming dividend of US$0.45 per shareEligible shareholders must have bought the stock before 26 September 2024. Payment date: 10 October 2024. Trailing yield: 5.6%. Within top quartile of American dividend payers (4.3%). Higher than average of industry peers (4.6%).Seeking Alpha • Sep 08Getty Realty: Profitable, Solvent, And UndervaluedSummary 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 liquidity, ensuring financial flexibility and stability even in fluctuating interest rate environments. Despite some risks, GTY stock is undervalued, offering a high dividend yield which is supported by stable cash flows. Read the full article on Seeking AlphaSeeking Alpha • Aug 02Getty Realty Corp.: A Single Tenant Retail REIT Offering Investors An Attractive Yield Of 5.97%Summary 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 to its industry counterparts, with a lower P/E ratio and stronger earnings growth. Getty Realty Corp. offers a 5.97% dividend yield, higher than peers like Realty Income Corp. and Kimco Realty Corp. Read the full article on Seeking AlphaBoard Change • Aug 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Independent Director Evelyn Infurna was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공시 • Jul 31Getty Realty Corp. has completed a Follow-on Equity Offering in the amount of $105.35 million.Getty Realty Corp. has completed a Follow-on Equity Offering in the amount of $105.35 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 3,500,000 Price\Range: $30.1 Discount Per Security: $1.204공시 • Jul 30Getty Realty Corp. has filed a Follow-on Equity Offering.Getty Realty Corp. has filed a Follow-on Equity Offering. Security Name: Common Stock Security Type: Common Stock Securities Offered: 3,500,000Declared Dividend • Jul 26Second quarter dividend of US$0.45 announcedShareholders will receive a dividend of US$0.45. Ex-date: 26th September 2024 Payment date: 10th October 2024 Dividend yield will be 5.7%, which is higher than the industry average of 5.2%.Reported Earnings • Jul 25Second quarter 2024 earnings: EPS exceeds analyst expectationsSecond quarter 2024 results: EPS: US$0.31 (up from US$0.26 in 2Q 2023). Revenue: US$49.9m (up 12% from 2Q 2023). Net income: US$16.7m (up 29% from 2Q 2023). Profit margin: 34% (up from 29% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.0%. Revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Retail REITs industry in the US. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has remained flat, which means it is well ahead of earnings.공시 • Jul 24Getty Realty Corp. Announces Regular Quarterly Cash Dividend, Payable on October 10, 2024Getty Realty Corp. announced that its Board of Directors declared a cash dividend of $0.45 per common share payable on October 10, 2024 to holders of record on September 26, 2024.공시 • Jun 28Getty Realty Corp. to Report Q2, 2024 Results on Jul 24, 2024Getty Realty Corp. announced that they will report Q2, 2024 results After-Market on Jul 24, 2024Upcoming Dividend • Jun 20Upcoming dividend of US$0.45 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 11 July 2024. Trailing yield: 6.8%. Within top quartile of American dividend payers (4.8%). Higher than average of industry peers (5.3%).Seeking Alpha • Jun 07Getty Realty Is Getting Risky - The Good And The BadSummary Getty Realty is a triple-net lease REIT focused on service-oriented properties. The Company has some impressive business metrics in terms of occupancy rate, rent escalations, and WALT. There are some noticeable risks accompanying GTY (high tenant concentration and significant debt maturities upcoming in 2025/2026). GTY has been outperformed by some REITs operating within similar property sector, which are not accompanied by such risk factors - there are better alternatives. Read the full article on Seeking AlphaSeeking Alpha • May 20Getty Realty: Shares Can Be Attractive Even With Slower InvestmentSummary Getty Realty's shares have underperformed in the past year, but the company's business remains stable with strong debt coverage and long lease terms. The company reported solid Q1 results, with adjusted funds from operations beating expectations and revenue rising by 14%. Its lower share price does make accretive deal-making more difficult, but shares seem now positioned to deliver a 10+% return even absent new property acquisitions. Read the full article on Seeking AlphaDeclared Dividend • Apr 29First quarter dividend of US$0.45 announcedShareholders will receive a dividend of US$0.45. Ex-date: 27th June 2024 Payment date: 11th July 2024 Dividend yield will be 6.6%, which is higher than the industry average of 5.2%.공시 • Apr 27Getty Realty Corp. Declares Cash Dividend, Payable on July 11, 2024Getty Realty Corp. announced that its board of directors declared a cash dividend of $0.45 per common share payable on July 11, 2024 to holders of record on June 27, 2024.Reported Earnings • Apr 27First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: FFO per share: US$0.6 (up from US$0.52 in 1Q 2023). Revenue: US$49.0m (up 14% from 1Q 2023). Funds from operations (FFO): US$28.8m (up 18% from 1Q 2023). FFO margin: 59% (up from 57% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.5%. Earnings per share (EPS) also surpassed analyst estimates by 8.6%. Revenue is expected to decline by 1.7% p.a. on average during the next 3 years, while revenues in the Retail REITs industry in the US are expected to grow by 3.5%. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 5% per year.공시 • Mar 28Getty Realty Corp. to Report Q1, 2024 Results on Apr 25, 2024Getty Realty Corp. announced that they will report Q1, 2024 results After-Market on Apr 25, 2024Upcoming Dividend • Mar 20Upcoming dividend of US$0.45 per shareEligible shareholders must have bought the stock before 27 March 2024. Payment date: 11 April 2024. Trailing yield: 6.7%. Within top quartile of American dividend payers (4.8%). Higher than average of industry peers (5.1%).공시 • Mar 14Getty Realty Corp., Annual General Meeting, Apr 25, 2024Getty Realty Corp., Annual General Meeting, Apr 25, 2024, at 14:30 US Eastern Standard Time. Agenda: To elect a Board of Directors of six directors to hold office until company's 2025 annual meeting and until their successors are elected and qualified; to hold an advisory vote to approve named executive officer compensation; and to ratify the appointment of PricewaterhouseCoopers LLP as company's independent registered public accounting firm for the year ending December 31, 2024.Seeking Alpha • Mar 06Getty Realty: Strong Dividend Growth And Valuation Makes It A Solid REITSummary Getty Realty's 5-year AFFO growth beats out peers like Realty Income, EPR Properties, and NNN REIT, only trailing behind Agree Realty. AFFO for 2024 is expected to grow 2.7% from AFFO brought in for 2023. The company's dividend is also well-covered by an AFFO payout ratio below 80%, and they have well-laddered debt maturities with none due until 2025. The Biden Administration is pushing for 2/3 of all new vehicles to be electric in the next 8 years. Getty has a high concentration in convenience & gas stations, which could impact the REIT going forward. With interest rates expected to decline, GTY offers investors the potential for double-digit upside. Read the full article on Seeking AlphaDeclared Dividend • Feb 16Fourth quarter dividend of US$0.45 announcedShareholders will receive a dividend of US$0.45. Ex-date: 27th March 2024 Payment date: 11th April 2024 Dividend yield will be 6.5%, which is higher than the industry average of 5.2%.Reported Earnings • Feb 16Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: US$1.20 (down from US$1.88 in FY 2022). Revenue: US$185.8m (up 12% from FY 2022). Net income: US$60.2m (down 32% from FY 2022). Profit margin: 32% (down from 53% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) also missed analyst estimates by 2.6%. Revenue is forecast to grow 5.1% p.a. on average during the next 2 years, compared to a 2.7% growth forecast for the Retail REITs industry in the US. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 1% per year.공시 • Feb 14Getty Realty Corp. Declares Quarterly Cash Dividend, Payable on April 11, 2024Getty Realty Corp. announced that its Board of Directors declared a regular quarterly cash dividend of $0.45 per common share payable on April 11, 2024 to holders of record on March 28, 2024.Seeking Alpha • Jan 29Getty Realty Corp: Convenience Store SuccessSummary Getty Realty Corp. is a REIT that owns 1,100 freestanding retail properties leased under triple net terms, with a 85% of revenue from convenience stores and car washes. Higher Total Return over 5 and 10 years than Realty Income Corp. or NNN REIT Inc. Price ~ 10% below estimated fair value, with an attractive 6.4% yield. Read the full article on Seeking AlphaSeeking Alpha • Jan 10Getty Realty: Recent Underperformance Creates An OpportunitySummary Getty Realty's shares have underperformed due to its equity issuance and the impact of electric vehicle penetration on gasoline-related businesses. GTY owns 1,480 properties across 40 states, focused on convenience stores, gas stations, and car washes, providing stable and growing cash flow. Getty's properties have a high occupancy rate of 99.7% and a long average lease life, ensuring a high certainty of cash flow in the coming years. Read the full article on Seeking Alpha공시 • Dec 28Getty Realty Corp. to Report Q4, 2023 Results on Feb 14, 2024Getty Realty Corp. announced that they will report Q4, 2023 results After-Market on Feb 14, 2024Upcoming Dividend • Dec 20Upcoming dividend of US$0.45 per share at 6.1% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 11 January 2024. Trailing yield: 6.1%. Within top quartile of American dividend payers (4.6%). Higher than average of industry peers (5.0%).Seeking Alpha • Nov 01Getty Realty: Fuel Your Income With This Sweet 7% YieldSummary Getty Realty is a net lease REIT focused on properties catering to the automotive segment. GTY stock has seen a significant downturn in price, pushing the dividend yield up to 6.8%. Despite market concerns, GTY maintains high asset quality, strong occupancy rates, and a well-positioned portfolio. Read the full article on Seeking AlphaReported Earnings • Oct 26Third quarter 2023 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2023 results: FFO per share: US$0.6 (up from US$0.50 in 3Q 2022). Revenue: US$50.5m (up 20% from 3Q 2022). Funds from operations (FFO): US$27.0m (up 17% from 3Q 2022). FFO margin: 54% (down from 55% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Retail REITs industry in the US. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 1% per year.공시 • Oct 25Getty Realty Corp. Increases Quarterly Cash Dividend, Payable on January 11, 2024Getty Realty Corp. announced that its Board of Directors declared a cash dividend of $0.45 per common share, an increase of 4.7% over the previous quarterly dividend. The dividend is payable on January 11, 2024 to holders of record on December 28, 2023.공시 • Oct 19Getty Realty Corp. announced that it expects to receive $150 million in fundingGetty Realty Corp. announced a private placement of a new senior unsecured term loan with a group of existing lenders in an aggregate principal amount of $150 million on October 17, 2023. The term loan matures on October 17, 2025 with one twelve-month extension exercisable at the company's option, subject to certain conditions. The loan is comprised of an initial principal amount of $75 million that was funded at closing and used to repay amounts outstanding under the company’s revolving credit facility, and an additional principal amount of $75 million that can be funded in a single draw at the company’s option any time on or prior to the 180th day following the closing date. The term loan bear interest at a rate equal to the sum of a SOFR rate plus a SOFR adjustment of 0.10% plus a margin of 1.30% to 1.90% or the sum of a base rate plus a margin of 0.30% to 0.90% based on the company's consolidated total indebtedness to total asset value ratio at the end of each quarterly reporting period. In connection with the term loan, the company entered into $150 million of interest rate swaps to fix SOFR at 4.73% until maturity. Including the impact of the swaps, the effective interest rate on the term loan is 6.13% based on the company's consolidated total indebtedness to total asset value ratio as of September 30, 2023.Price Target Changed • Oct 12Price target decreased by 7.3% to US$33.20Down from US$35.80, the current price target is an average from 5 analysts. New target price is 22% above last closing price of US$27.21. Stock is down 1.0% over the past year. The company is forecast to post earnings per share of US$1.18 for next year compared to US$1.88 last year.공시 • Sep 28Getty Realty Corp. to Report Q3, 2023 Results on Oct 25, 2023Getty Realty Corp. announced that they will report Q3, 2023 results After-Market on Oct 25, 2023Upcoming Dividend • Sep 20Upcoming dividend of US$0.43 per share at 5.8% yieldEligible shareholders must have bought the stock before 27 September 2023. Payment date: 12 October 2023. Trailing yield: 5.8%. Within top quartile of American dividend payers (5.0%). In line with average of industry peers (5.6%).Seeking Alpha • Aug 28Getty Realty: A 5.7% Dividend Yield From Real Estate For CarsSummary Getty Realty last declared a quarterly cash dividend in line with its prior payment, offering a 5.7% dividend yield. GTY is quite low risk from a gearing perspective and has maintained a healthy pace of dividend hikes for its common shareholders. A 130% dividend coverage and a heavy pace of new property acquisitions have set the backdrop for more near-term dividend hikes. Read the full article on Seeking AlphaReported Earnings • Jul 28Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2023 results: FFO per share: US$0.5 (down from US$0.84 in 2Q 2022). Revenue: US$44.7m (up 8.5% from 2Q 2022). Funds from operations (FFO): US$25.9m (down 34% from 2Q 2022). FFO margin: 58% (down from 95% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) missed analyst estimates by 14%. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Retail REITs industry in the US. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 3% per year.공시 • Jul 26Getty Realty Corp. Announces Regular Quarterly Cash Dividend, Payable on October 12, 2023Getty Realty Corp. announced that its Board of Directors declared a cash dividend of $0.43 per common share, payable on October 12, 2023 to holders of record on September 28, 2023.공시 • Jun 30Getty Realty Corp. to Report Q2, 2023 Results on Jul 26, 2023Getty Realty Corp. announced that they will report Q2, 2023 results After-Market on Jul 26, 2023Upcoming Dividend • Jun 14Upcoming dividend of US$0.43 per share at 4.9% yieldEligible shareholders must have bought the stock before 21 June 2023. Payment date: 06 July 2023. Trailing yield: 4.9%. Within top quartile of American dividend payers (4.9%). In line with average of industry peers (5.4%).이익 및 매출 성장 예측NYSE:GTY - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/2028290119N/AN/A112/31/202725797N/AN/A512/31/202624092N/AN/A63/31/202622788131132N/A12/31/202522276127127N/A9/30/202521471129130N/A6/30/202521064133134N/A3/31/202520766128129N/A12/31/202420368130131N/A9/30/202419863124125N/A6/30/202419764116116N/A3/31/202419260112113N/A12/31/202318658105105N/A9/30/202318169100100N/A6/30/2023173669898N/A3/31/2023169839595N/A12/31/2022166889393N/A9/30/2022162799696N/A6/30/2022160809090N/A3/31/2022157628888N/A12/31/2021155618787N/A9/30/2021153778888N/A6/30/2021151759090N/A3/31/2021149738484N/A12/31/2020147688383N/A9/30/2020146487272N/A6/30/2020145487676N/A3/31/2020142507979N/A12/31/201914149N/A77N/A9/30/201914048N/A76N/A6/30/201913847N/A69N/A3/31/201913848N/A65N/A12/31/201813647N/A66N/A9/30/201813547N/A65N/A6/30/201813046N/A66N/A3/31/201812547N/A61N/A12/31/201712047N/A59N/A9/30/201711641N/A44N/A6/30/201711540N/A40N/A3/31/201711439N/A40N/A12/31/201611539N/A37N/A9/30/201611550N/A48N/A6/30/201611750N/A45N/A3/31/201611448N/A53N/A12/31/201511139N/A50N/A9/30/201510616N/A41N/A6/30/201510117N/A39N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: GTY 의 연간 예상 수익 증가율(9.2%)이 saving rate(3.5%)보다 높습니다.수익 vs 시장: GTY 의 연간 수익(9.2%)이 US 시장(16.7%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: GTY 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: GTY 의 수익(연간 7.6%)이 US 시장(연간 11.7%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: GTY 의 수익(연간 7.6%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: GTY의 자본 수익률은 3년 후 9.2%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YReal-estate 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 04:40종가2026/05/21 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Getty Realty Corp.는 13명의 분석가가 다루고 있습니다. 이 중 6명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Wesley GolladayBairdJana GalanBofA Global ResearchMichael GormanBTIG10명의 분석가 더 보기
Major Estimate Revision • Oct 30Consensus EPS estimates increase by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from US$209.9m to US$214.1m. EPS estimate increased from US$1.14 to US$1.28 per share. Net income forecast to grow 13% next year vs 2.7% decline forecast for Retail REITs industry in the US. Consensus price target broadly unchanged at US$32.00. Share price fell 2.4% to US$27.56 over the past week.
Price Target Changed • Oct 12Price target decreased by 7.3% to US$33.20Down from US$35.80, the current price target is an average from 5 analysts. New target price is 22% above last closing price of US$27.21. Stock is down 1.0% over the past year. The company is forecast to post earnings per share of US$1.18 for next year compared to US$1.88 last year.
속보 • May 18Getty Realty Draws Analyst Optimism With Q1 Earnings Beat and Expanded Investment PipelineKeyBanc raised its price target on Getty Realty to $36 and kept an Overweight rating, pointing to strong liquidity and an expanded investment pipeline. Getty Realty reported Q1 2026 earnings per share of $0.43 with revenue slightly above forecasts. The company invested $30 million during the quarter, aligning with its stated growth-focused investment approach, while Citizens reiterated a Market Outperform rating and a $35 price target. Analysts are reacting to Getty Realty’s Q1 2026 report with higher price targets and positive ratings, tying their views to the company’s balance sheet strength, recent investment activity and earnings relative to expectations. For investors, a central consideration is whether Getty’s current valuation, earnings profile and pipeline fit their risk tolerance, particularly in light of the ongoing capital commitments implied by the US$30 million invested in the quarter.
내러티브 업데이트 • May 14GTY: Liquidity And Acquisition Spreads Will Shape Balanced Post Equity Offering OutlookAnalysts have raised the Getty Realty price target to a range of about $33 to $37, with one moving up to $36. They cited the company's liquidity of over $625M, 4.2x leverage, and investment spreads of roughly 150 bps as support for a larger $125M investment pipeline and potential earnings growth.
내러티브 업데이트 • Apr 28GTY: Acquisition Spreads And Equity Issuance Will Guide Balanced Forward ReturnsAnalysts lifted their average price target on Getty Realty by about $0.60 to roughly $34.30, citing updated fair value work, slightly adjusted growth and margin assumptions, and recent Street target increases across several firms following Q4 results and acquisition commentary. Analyst Commentary Recent research points to a cluster of higher price targets on Getty Realty, with several firms revisiting their models after Q4 results, updated guidance, and commentary on acquisition activity and cost of capital.
Declared Dividend • Apr 24Dividend of US$0.48 announcedShareholders will receive a dividend of US$0.48. Ex-date: 25th June 2026 Payment date: 9th July 2026 Dividend yield will be 5.8%, which is higher than the industry average of 5.2%.
공시 • Apr 23Getty Realty Corp. announces Quarterly dividend, payable on July 09, 2026Getty Realty Corp. announced Quarterly dividend of USD 0.4850 per share payable on July 09, 2026, ex-date on June 25, 2026 and record date on June 25, 2026.
Seeking Alpha • Apr 23Getty Realty: Steady Growth Continues In Q1Summary Getty Realty remains a "Buy" for secure income and steady growth, supported by resilient operations and a 5.7% dividend yield. Q1 FFO rose 15% to $0.63 per share, with 99.7% occupancy and 2.5x tenant rent coverage, underscoring GTY’s portfolio strength. GTY’s acquisition pipeline and annual rent escalators drive ~4% FFO growth, with management raising 2024 guidance to $2.50–$2.52. Leverage is managed at ~5x net debt/EBITDA, with no debt maturities until 2028, supporting ongoing M&A and dividend security. Read the full article on Seeking Alpha
내러티브 업데이트 • Apr 11GTY: Acquisition Spreads And Equity Issuance Will Shape Balanced Forward OutlookNarrative Update The analyst price target for Getty Realty now centers around a range of $33 to $37, up from prior levels near $29 to $35, as analysts factor in steady Q4 acquisition activity, expectations for 100 to 150 bps investment spreads, and management’s constructive tone on 2026 acquisition volumes and cost of capital. Analyst Commentary Recent research updates on Getty Realty highlight a mix of optimism around acquisition execution and cost of capital, balanced against a more measured view on valuation and return expectations.
내러티브 업데이트 • Mar 27GTY: Acquisition Spreads And Equity Issuance Will Support Balanced Forward OutlookAnalysts have inched their fair value estimate for Getty Realty higher to about $33.71 from $33.57, reflecting updated price targets in the $33 to $37 range that are supported by views on steady acquisition activity, investment spreads, and potential upside from increased investment volumes. Analyst Commentary Recent research points to a cluster of higher price targets for Getty Realty in the low to mid US$30s, with views shaped by Q4 results, acquisition trends and expectations around investment spreads and volumes.
공시 • Mar 25Getty Realty Corp. to Report Q1, 2026 Results on Apr 22, 2026Getty Realty Corp. announced that they will report Q1, 2026 results After-Market on Apr 22, 2026
Upcoming Dividend • Mar 19Upcoming dividend of US$0.48 per shareEligible shareholders must have bought the stock before 26 March 2026. Payment date: 09 April 2026. Trailing yield: 5.8%. Within top quartile of American dividend payers (4.4%). Higher than average of industry peers (4.6%).
공시 • Mar 13Getty Realty Corp., Annual General Meeting, Apr 21, 2026Getty Realty Corp., Annual General Meeting, Apr 21, 2026.
내러티브 업데이트 • Mar 11GTY: Future Acquisition Spreads And Equity Raise Shape Balanced OutlookNarrative Update: Getty Realty The analyst price target range for Getty Realty has shifted higher toward $33–$37, reflecting updated views on slightly lower discount rate assumptions, modestly adjusted revenue growth expectations, and firmer profit margin and future P/E inputs following recent Q4 results and commentary around acquisition activity and investment spreads in the triple net REIT space. Analyst Commentary Recent Street research on Getty Realty has focused on updated price targets in the low to mid US$30s, framed around Q4 results, acquisition activity, and expected investment spreads in the triple net REIT space.
New Risk • Feb 18New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.8x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (16% increase in shares outstanding).
공시 • Feb 18+ 2 more updatesGetty Realty Corp. has completed a Follow-on Equity Offering in the amount of $129.92 million.Getty Realty Corp. has completed a Follow-on Equity Offering in the amount of $129.92 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 4,000,000 Price\Range: $32.48
Declared Dividend • Feb 13Fourth quarter dividend of US$0.48 announcedShareholders will receive a dividend of US$0.48. Ex-date: 26th March 2026 Payment date: 9th April 2026 Dividend yield will be 5.7%, which is higher than the industry average of 5.2%.
New Risk • Feb 12New major risk - Revenue and earnings growthEarnings have declined by 2.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.7x net interest cover). Earnings have declined by 2.7% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
공시 • Feb 11Getty Realty Corp. Announces Regular Quarterly Cash Dividend, Payable on April 9, 2026Getty Realty Corp. announced that its Board of Directors declared a cash dividend of $0.485 per common share payable on April 9, 2026 to holders of record on March 26, 2026.
공시 • Jan 21Getty Realty Corp. Announces Executive ChangesGetty Realty Corp. announced that Mark J. Olear, Executive Vice President, Chief Investment Officer, and Chief Operating Officer, will retire from the Company effective February 27, 2026. Robert J. Ryan, Senior Vice President of Acquisitions, has been selected to succeed Mr. Olear as Chief Investment Officer. The position of Chief Operating Officer will not be backfilled. Mr. Ryan has contributed significantly to Getty’s real estate investment activities since joining the Company in March 2016 as Director of Real Estate. He was promoted to Senior Vice President of Acquisitions in February 2023 after previously serving as Vice President of Acquisitions and Senior Director of Real Estate and Development. Prior to joining Getty, Mr. Ryan served as Vice President of Asset Management for Marx Realty, a Manhattan based owner and developer of office and retail properties. Prior to Marx Realty, Mr. Ryan held various roles at Macerich, a leading owner, operator and developer of major retail and mixed-use developments. Until his retirement, Mr. Olear will continue to serve as Executive Vice President, Chief Investment Officer and Chief Operating Officer, and will work with Mr. Ryan and the rest of the management team to effect an orderly transition. For a period of time thereafter, it is anticipated that Mr. Olear will provide advisory and consulting services to the Company. Mr. Ryan, age 47, joined the Company in March 2016 as Director of Real Estate & Development and was later promoted to Vice President of Acquisitions in 2018 and Senior Vice President of Acquisitions in February 2023. In these roles, Mr. Ryan has been responsible for, and has contributed significantly to, the Company’s real estate investment activities. Prior to joining the Company, Mr. Ryan served as Vice President of Asset Management for Marx Realty, a Manhattan-based owner and developer of office and retail properties, from 2011 to 2016. Prior to Marx Realty, Mr. Ryan held various roles of increasing responsibility at Macerich, a leading owner, operator and developer of major retail and mixed-use developments, from 2003 to 2011. Mr. Ryan earned a Bachelor of Science degree from Arizona State University.
공시 • Dec 23Getty Realty Corp. to Report Q4, 2025 Results on Feb 11, 2026Getty Realty Corp. announced that they will report Q4, 2025 results After-Market on Feb 11, 2026
Upcoming Dividend • Dec 19Upcoming dividend of US$0.48 per shareEligible shareholders must have bought the stock before 26 December 2025. Payment date: 08 January 2026. Trailing yield: 6.8%. Within top quartile of American dividend payers (4.4%). Higher than average of industry peers (5.0%).
공시 • Nov 20Getty Realty Corp. announced that it expects to receive $250 million in fundingGetty Realty Corp. announced that it has entered into a note purchase agreement and issued 5.76% Senior Unsecured Notes for gross proceeds of $250 million on November 20, 2025. The notes have a ten-year term. The Notes are scheduled to fund on January 22, 2026. The senior unsecured notes have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the “Act”) or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Act and applicable state securities laws."
Major Estimate Revision • Oct 30Consensus EPS estimates increase by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from US$209.9m to US$214.1m. EPS estimate increased from US$1.14 to US$1.28 per share. Net income forecast to grow 13% next year vs 2.7% decline forecast for Retail REITs industry in the US. Consensus price target broadly unchanged at US$32.00. Share price fell 2.4% to US$27.56 over the past week.
Declared Dividend • Oct 24Dividend of US$0.48 announcedShareholders will receive a dividend of US$0.48. Ex-date: 26th December 2025 Payment date: 8th January 2026 Dividend yield will be 6.8%, which is higher than the industry average of 5.2%.
Reported Earnings • Oct 23Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: FFO per share: US$0.7 (up from US$0.57 in 3Q 2024). Revenue: US$55.6m (up 8.0% from 3Q 2024). Funds from operations (FFO): US$37.6m (up 23% from 3Q 2024). FFO margin: 68% (up from 60% in 3Q 2024). The increase in margin was primarily driven by lower expenses. Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) also surpassed analyst estimates by 31%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Retail REITs industry in the US. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
공시 • Oct 22Getty Realty Corp. Announces Increased Quarterly Cash Dividend, Payable on January 8, 2026Getty Realty Corp. announced that its Board of Directors declared a cash dividend of $0.485 per common share, an increase of 3.2% over the previous quarterly dividend. The dividend is payable on January 8, 2026 to holders of record on December 26, 2025.
공시 • Sep 24Getty Realty Corp. to Report Q3, 2025 Results on Oct 22, 2025Getty Realty Corp. announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Oct 22, 2025
Upcoming Dividend • Sep 18Upcoming dividend of US$0.47 per shareEligible shareholders must have bought the stock before 25 September 2025. Payment date: 09 October 2025. Trailing yield: 6.8%. Within top quartile of American dividend payers (4.4%). Higher than average of industry peers (4.8%).
Declared Dividend • Jul 25Dividend of US$0.47 announcedShareholders will receive a dividend of US$0.47. Ex-date: 25th September 2025 Payment date: 9th October 2025 Dividend yield will be 6.8%, which is higher than the industry average of 5.2%.
Reported Earnings • Jul 24Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2025 results: EPS: US$0.25 (down from US$0.30 in 2Q 2024). Revenue: US$53.3m (up 6.6% from 2Q 2024). Net income: US$14.0m (down 13% from 2Q 2024). Profit margin: 26% (down from 32% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) missed analyst estimates by 13%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Retail REITs industry in the US. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
공시 • Jul 23Getty Realty Corp. Declares A Cash Dividend, Payable on October 9, 2025Getty Realty Corp. announced that its Board of Directors declared a cash dividend of $0.47 per common share payable on October 9, 2025 to holders of record on September 25, 2025.
공시 • Jun 25Getty Realty Corp. to Report Q2, 2025 Results on Jul 23, 2025Getty Realty Corp. announced that they will report Q2, 2025 results After-Market on Jul 23, 2025
Upcoming Dividend • Jun 20Upcoming dividend of US$0.47 per shareEligible shareholders must have bought the stock before 26 June 2025. Payment date: 10 July 2025. Trailing yield: 6.5%. Within top quartile of American dividend payers (4.8%). Higher than average of industry peers (5.1%).
Seeking Alpha • Apr 28Getty Realty: Secure Dividend But Increased Risks To GrowthSummary 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. Despite challenges, Getty Realty's strong balance sheet, secure dividend, and low-risk business model make it a buy for income-focused investors. Read the full article on Seeking Alpha
Declared Dividend • Apr 25Dividend of US$0.47 announcedShareholders will receive a dividend of US$0.47. Ex-date: 26th June 2025 Payment date: 10th July 2025 Dividend yield will be 6.8%, which is higher than the industry average of 5.2%.
Reported Earnings • Apr 24First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: FFO per share: US$0.6 (up from US$0.56 in 1Q 2024). Revenue: US$52.3m (up 6.9% from 1Q 2024). Funds from operations (FFO): US$31.7m (up 9.9% from 1Q 2024). FFO margin: 61% (up from 59% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 5.0% p.a. on average during the next 2 years, compared to a 3.6% growth forecast for the Retail REITs industry in the US. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
공시 • Apr 23Getty Realty Corp. Announces Regular Quarterly Cash Dividend, Payable on July 10, 2025Getty Realty Corp. announced 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.
Seeking Alpha • Apr 09Getty Realty: Could See Selling Pressure Ahead, But 6% Yield Is AttractiveSummary 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. An attractive valuation at a forward multiple of 12.89x and a well-covered dividend make GTY stock a buy, despite potential recession impacts. Read the full article on Seeking Alpha
공시 • Mar 27Getty Realty Corp. to Report Q1, 2025 Results on Apr 23, 2025Getty Realty Corp. announced that they will report Q1, 2025 results at 4:00 PM, US Eastern Standard Time on Apr 23, 2025
Seeking Alpha • Mar 27Getty Realty: Limited Downside And Room To GrowSummary 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. Despite potential risks from the EV transition, Getty's valuation and sector stability offer compelling upside, making it a worthwhile buy. Read the full article on Seeking Alpha
Upcoming Dividend • Mar 20Upcoming dividend of US$0.47 per shareEligible shareholders must have bought the stock before 27 March 2025. Payment date: 10 April 2025. Trailing yield: 6.1%. Within top quartile of American dividend payers (4.7%). Higher than average of industry peers (5.0%).
공시 • Mar 14Getty Realty Corp., Annual General Meeting, Apr 22, 2025Getty Realty Corp., Annual General Meeting, Apr 22, 2025.
Seeking Alpha • Mar 10Getty Realty: Great Time To Fill Up On This High YielderSummary 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. Read the full article on Seeking Alpha
Declared Dividend • Feb 14Fourth quarter dividend of US$0.47 announcedShareholders will receive a dividend of US$0.47. Ex-date: 27th March 2025 Payment date: 10th April 2025 Dividend yield will be 6.1%, which is higher than the industry average of 5.2%.
Reported Earnings • Feb 13Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: FFO per share: US$2.3 (up from US$2.07 in FY 2023). Revenue: US$203.4m (up 9.4% from FY 2023). Funds from operations (FFO): US$124.0m (up 20% from FY 2023). FFO margin: 61% (up from 56% in FY 2023). The increase in margin was primarily driven by higher revenue. Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) also surpassed analyst estimates by 2.2%. Revenue is forecast to grow 3.0% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the Retail REITs industry in the US. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Seeking Alpha • Jan 24Getty Realty: This Overlooked Near 6% Yielder Is Even More Attractive Than BeforeSummary 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. Despite risks from economic downturns, GTY's strong execution in a high interest rate environment and attractive valuation justify a buy rating with double-digit upside potential. Read the full article on Seeking Alpha
Seeking Alpha • Jan 10Getty Realty's Updated Guidance Adds To Its Solid BaselineSummary 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 portfolio spans 42 states, with significant exposure to convenience stores and automotive facilities, though tenant concentration poses some risk. We think its BBB- credit rating is borderline and its rental increase rate seems low. Nonetheless, Getty's solid asset allocation and external liquidity access likely enhance its financial stability. With a forward yield of 6.37% and impressive AFFO growth, Getty Realty seems poised for a breakout year. Read the full article on Seeking Alpha
Seeking Alpha • Dec 31Getty Realty: Pullback Creates Opportunity As Capital Market Risk Is ManageableSummary 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. With a secure 6.3% dividend yield and ~10% long-term return potential, GTY stock offers excellent income and moderate growth potential, making it a buy. Read the full article on Seeking Alpha
공시 • Dec 23Getty Realty Corp. to Report Q4, 2024 Results on Feb 12, 2025Getty Realty Corp. announced that they will report Q4, 2024 results After-Market on Feb 12, 2025
Upcoming Dividend • Dec 19Upcoming dividend of US$0.47 per shareEligible shareholders must have bought the stock before 26 December 2024. Payment date: 09 January 2025. Trailing yield: 6.2%. Within top quartile of American dividend payers (4.5%). Higher than average of industry peers (4.8%).
공시 • Nov 27Getty Realty Corp. announced that it has received $125 million in fundingOn November 25, 2024, Getty Realty Corp. closed the transaction.
Seeking Alpha • Oct 26Getty Realty: Solid Q3 Results Given Stable Cash Flow And Accretive M&ASummary 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. Despite capital market risks, Getty’s secure dividend and growth potential make it an attractive long-term investment for income-oriented investors. Read the full article on Seeking Alpha
Declared Dividend • Oct 25Dividend of US$0.47 announcedShareholders will receive a dividend of US$0.47. Ex-date: 26th December 2024 Payment date: 9th January 2025 Dividend yield will be 5.6%, which is higher than the industry average of 5.2%.
공시 • Oct 25Getty Realty Corp. Declares Quarterly Cash Dividend, Payable on January 9, 2025Getty Realty Corp. announced that its board of directors declared a quarterly 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.
Reported Earnings • Oct 24Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2024 results: EPS: US$0.28 (down from US$0.31 in 3Q 2023). Revenue: US$51.5m (up 1.9% from 3Q 2023). Net income: US$15.3m (down 1.0% from 3Q 2023). Profit margin: 30% (in line with 3Q 2023). Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) missed analyst estimates by 10%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Retail REITs industry in the US. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Seeking Alpha • Oct 16Getty Realty: Double-Digit AFFO Growth, Near 6% Yield Make Them A Long-Term BuySummary 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 FFO & AFFO increases and a solid balance sheet, supporting its expansion and long-term outlook. The REIT's portfolio, focused on convenience stores and car washes, presents some risks but also significant growth potential, especially with favorable interest rate trends. Despite trading below peers with a P/AFFO multiple of 13.29x, GTY's strong fundamentals and conservative payout ratio justify a continued buy rating. Their risks include an economic downturn which would likely impact car washes and QSRs, but GTY's conservative payout ratio, valuation, and manageable debt enhance its investment appeal. Read the full article on Seeking Alpha
공시 • Sep 25Getty Realty Corp. to Report Q3, 2024 Results on Oct 23, 2024Getty Realty Corp. announced that they will report Q3, 2024 results After-Market on Oct 23, 2024
새로운 내러티브 • Sep 24Critical Growth And Diversification In Retail REITs Fuels Optimistic Financial Outlook Active portfolio expansion and diversification through significant investments and a strategic focus on sectors like convenience stores and car washes signal strong growth prospects.
Upcoming Dividend • Sep 19Upcoming dividend of US$0.45 per shareEligible shareholders must have bought the stock before 26 September 2024. Payment date: 10 October 2024. Trailing yield: 5.6%. Within top quartile of American dividend payers (4.3%). Higher than average of industry peers (4.6%).
Seeking Alpha • Sep 08Getty Realty: Profitable, Solvent, And UndervaluedSummary 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 liquidity, ensuring financial flexibility and stability even in fluctuating interest rate environments. Despite some risks, GTY stock is undervalued, offering a high dividend yield which is supported by stable cash flows. Read the full article on Seeking Alpha
Seeking Alpha • Aug 02Getty Realty Corp.: A Single Tenant Retail REIT Offering Investors An Attractive Yield Of 5.97%Summary 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 to its industry counterparts, with a lower P/E ratio and stronger earnings growth. Getty Realty Corp. offers a 5.97% dividend yield, higher than peers like Realty Income Corp. and Kimco Realty Corp. Read the full article on Seeking Alpha
Board Change • Aug 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Independent Director Evelyn Infurna was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공시 • Jul 31Getty Realty Corp. has completed a Follow-on Equity Offering in the amount of $105.35 million.Getty Realty Corp. has completed a Follow-on Equity Offering in the amount of $105.35 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 3,500,000 Price\Range: $30.1 Discount Per Security: $1.204
공시 • Jul 30Getty Realty Corp. has filed a Follow-on Equity Offering.Getty Realty Corp. has filed a Follow-on Equity Offering. Security Name: Common Stock Security Type: Common Stock Securities Offered: 3,500,000
Declared Dividend • Jul 26Second quarter dividend of US$0.45 announcedShareholders will receive a dividend of US$0.45. Ex-date: 26th September 2024 Payment date: 10th October 2024 Dividend yield will be 5.7%, which is higher than the industry average of 5.2%.
Reported Earnings • Jul 25Second quarter 2024 earnings: EPS exceeds analyst expectationsSecond quarter 2024 results: EPS: US$0.31 (up from US$0.26 in 2Q 2023). Revenue: US$49.9m (up 12% from 2Q 2023). Net income: US$16.7m (up 29% from 2Q 2023). Profit margin: 34% (up from 29% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.0%. Revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Retail REITs industry in the US. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
공시 • Jul 24Getty Realty Corp. Announces Regular Quarterly Cash Dividend, Payable on October 10, 2024Getty Realty Corp. announced that its Board of Directors declared a cash dividend of $0.45 per common share payable on October 10, 2024 to holders of record on September 26, 2024.
공시 • Jun 28Getty Realty Corp. to Report Q2, 2024 Results on Jul 24, 2024Getty Realty Corp. announced that they will report Q2, 2024 results After-Market on Jul 24, 2024
Upcoming Dividend • Jun 20Upcoming dividend of US$0.45 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 11 July 2024. Trailing yield: 6.8%. Within top quartile of American dividend payers (4.8%). Higher than average of industry peers (5.3%).
Seeking Alpha • Jun 07Getty Realty Is Getting Risky - The Good And The BadSummary Getty Realty is a triple-net lease REIT focused on service-oriented properties. The Company has some impressive business metrics in terms of occupancy rate, rent escalations, and WALT. There are some noticeable risks accompanying GTY (high tenant concentration and significant debt maturities upcoming in 2025/2026). GTY has been outperformed by some REITs operating within similar property sector, which are not accompanied by such risk factors - there are better alternatives. Read the full article on Seeking Alpha
Seeking Alpha • May 20Getty Realty: Shares Can Be Attractive Even With Slower InvestmentSummary Getty Realty's shares have underperformed in the past year, but the company's business remains stable with strong debt coverage and long lease terms. The company reported solid Q1 results, with adjusted funds from operations beating expectations and revenue rising by 14%. Its lower share price does make accretive deal-making more difficult, but shares seem now positioned to deliver a 10+% return even absent new property acquisitions. Read the full article on Seeking Alpha
Declared Dividend • Apr 29First quarter dividend of US$0.45 announcedShareholders will receive a dividend of US$0.45. Ex-date: 27th June 2024 Payment date: 11th July 2024 Dividend yield will be 6.6%, which is higher than the industry average of 5.2%.
공시 • Apr 27Getty Realty Corp. Declares Cash Dividend, Payable on July 11, 2024Getty Realty Corp. announced that its board of directors declared a cash dividend of $0.45 per common share payable on July 11, 2024 to holders of record on June 27, 2024.
Reported Earnings • Apr 27First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: FFO per share: US$0.6 (up from US$0.52 in 1Q 2023). Revenue: US$49.0m (up 14% from 1Q 2023). Funds from operations (FFO): US$28.8m (up 18% from 1Q 2023). FFO margin: 59% (up from 57% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.5%. Earnings per share (EPS) also surpassed analyst estimates by 8.6%. Revenue is expected to decline by 1.7% p.a. on average during the next 3 years, while revenues in the Retail REITs industry in the US are expected to grow by 3.5%. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 5% per year.
공시 • Mar 28Getty Realty Corp. to Report Q1, 2024 Results on Apr 25, 2024Getty Realty Corp. announced that they will report Q1, 2024 results After-Market on Apr 25, 2024
Upcoming Dividend • Mar 20Upcoming dividend of US$0.45 per shareEligible shareholders must have bought the stock before 27 March 2024. Payment date: 11 April 2024. Trailing yield: 6.7%. Within top quartile of American dividend payers (4.8%). Higher than average of industry peers (5.1%).
공시 • Mar 14Getty Realty Corp., Annual General Meeting, Apr 25, 2024Getty Realty Corp., Annual General Meeting, Apr 25, 2024, at 14:30 US Eastern Standard Time. Agenda: To elect a Board of Directors of six directors to hold office until company's 2025 annual meeting and until their successors are elected and qualified; to hold an advisory vote to approve named executive officer compensation; and to ratify the appointment of PricewaterhouseCoopers LLP as company's independent registered public accounting firm for the year ending December 31, 2024.
Seeking Alpha • Mar 06Getty Realty: Strong Dividend Growth And Valuation Makes It A Solid REITSummary Getty Realty's 5-year AFFO growth beats out peers like Realty Income, EPR Properties, and NNN REIT, only trailing behind Agree Realty. AFFO for 2024 is expected to grow 2.7% from AFFO brought in for 2023. The company's dividend is also well-covered by an AFFO payout ratio below 80%, and they have well-laddered debt maturities with none due until 2025. The Biden Administration is pushing for 2/3 of all new vehicles to be electric in the next 8 years. Getty has a high concentration in convenience & gas stations, which could impact the REIT going forward. With interest rates expected to decline, GTY offers investors the potential for double-digit upside. Read the full article on Seeking Alpha
Declared Dividend • Feb 16Fourth quarter dividend of US$0.45 announcedShareholders will receive a dividend of US$0.45. Ex-date: 27th March 2024 Payment date: 11th April 2024 Dividend yield will be 6.5%, which is higher than the industry average of 5.2%.
Reported Earnings • Feb 16Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: US$1.20 (down from US$1.88 in FY 2022). Revenue: US$185.8m (up 12% from FY 2022). Net income: US$60.2m (down 32% from FY 2022). Profit margin: 32% (down from 53% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) also missed analyst estimates by 2.6%. Revenue is forecast to grow 5.1% p.a. on average during the next 2 years, compared to a 2.7% growth forecast for the Retail REITs industry in the US. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 1% per year.
공시 • Feb 14Getty Realty Corp. Declares Quarterly Cash Dividend, Payable on April 11, 2024Getty Realty Corp. announced that its Board of Directors declared a regular quarterly cash dividend of $0.45 per common share payable on April 11, 2024 to holders of record on March 28, 2024.
Seeking Alpha • Jan 29Getty Realty Corp: Convenience Store SuccessSummary Getty Realty Corp. is a REIT that owns 1,100 freestanding retail properties leased under triple net terms, with a 85% of revenue from convenience stores and car washes. Higher Total Return over 5 and 10 years than Realty Income Corp. or NNN REIT Inc. Price ~ 10% below estimated fair value, with an attractive 6.4% yield. Read the full article on Seeking Alpha
Seeking Alpha • Jan 10Getty Realty: Recent Underperformance Creates An OpportunitySummary Getty Realty's shares have underperformed due to its equity issuance and the impact of electric vehicle penetration on gasoline-related businesses. GTY owns 1,480 properties across 40 states, focused on convenience stores, gas stations, and car washes, providing stable and growing cash flow. Getty's properties have a high occupancy rate of 99.7% and a long average lease life, ensuring a high certainty of cash flow in the coming years. Read the full article on Seeking Alpha
공시 • Dec 28Getty Realty Corp. to Report Q4, 2023 Results on Feb 14, 2024Getty Realty Corp. announced that they will report Q4, 2023 results After-Market on Feb 14, 2024
Upcoming Dividend • Dec 20Upcoming dividend of US$0.45 per share at 6.1% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 11 January 2024. Trailing yield: 6.1%. Within top quartile of American dividend payers (4.6%). Higher than average of industry peers (5.0%).
Seeking Alpha • Nov 01Getty Realty: Fuel Your Income With This Sweet 7% YieldSummary Getty Realty is a net lease REIT focused on properties catering to the automotive segment. GTY stock has seen a significant downturn in price, pushing the dividend yield up to 6.8%. Despite market concerns, GTY maintains high asset quality, strong occupancy rates, and a well-positioned portfolio. Read the full article on Seeking Alpha
Reported Earnings • Oct 26Third quarter 2023 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2023 results: FFO per share: US$0.6 (up from US$0.50 in 3Q 2022). Revenue: US$50.5m (up 20% from 3Q 2022). Funds from operations (FFO): US$27.0m (up 17% from 3Q 2022). FFO margin: 54% (down from 55% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Retail REITs industry in the US. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 1% per year.
공시 • Oct 25Getty Realty Corp. Increases Quarterly Cash Dividend, Payable on January 11, 2024Getty Realty Corp. announced that its Board of Directors declared a cash dividend of $0.45 per common share, an increase of 4.7% over the previous quarterly dividend. The dividend is payable on January 11, 2024 to holders of record on December 28, 2023.
공시 • Oct 19Getty Realty Corp. announced that it expects to receive $150 million in fundingGetty Realty Corp. announced a private placement of a new senior unsecured term loan with a group of existing lenders in an aggregate principal amount of $150 million on October 17, 2023. The term loan matures on October 17, 2025 with one twelve-month extension exercisable at the company's option, subject to certain conditions. The loan is comprised of an initial principal amount of $75 million that was funded at closing and used to repay amounts outstanding under the company’s revolving credit facility, and an additional principal amount of $75 million that can be funded in a single draw at the company’s option any time on or prior to the 180th day following the closing date. The term loan bear interest at a rate equal to the sum of a SOFR rate plus a SOFR adjustment of 0.10% plus a margin of 1.30% to 1.90% or the sum of a base rate plus a margin of 0.30% to 0.90% based on the company's consolidated total indebtedness to total asset value ratio at the end of each quarterly reporting period. In connection with the term loan, the company entered into $150 million of interest rate swaps to fix SOFR at 4.73% until maturity. Including the impact of the swaps, the effective interest rate on the term loan is 6.13% based on the company's consolidated total indebtedness to total asset value ratio as of September 30, 2023.
Price Target Changed • Oct 12Price target decreased by 7.3% to US$33.20Down from US$35.80, the current price target is an average from 5 analysts. New target price is 22% above last closing price of US$27.21. Stock is down 1.0% over the past year. The company is forecast to post earnings per share of US$1.18 for next year compared to US$1.88 last year.
공시 • Sep 28Getty Realty Corp. to Report Q3, 2023 Results on Oct 25, 2023Getty Realty Corp. announced that they will report Q3, 2023 results After-Market on Oct 25, 2023
Upcoming Dividend • Sep 20Upcoming dividend of US$0.43 per share at 5.8% yieldEligible shareholders must have bought the stock before 27 September 2023. Payment date: 12 October 2023. Trailing yield: 5.8%. Within top quartile of American dividend payers (5.0%). In line with average of industry peers (5.6%).
Seeking Alpha • Aug 28Getty Realty: A 5.7% Dividend Yield From Real Estate For CarsSummary Getty Realty last declared a quarterly cash dividend in line with its prior payment, offering a 5.7% dividend yield. GTY is quite low risk from a gearing perspective and has maintained a healthy pace of dividend hikes for its common shareholders. A 130% dividend coverage and a heavy pace of new property acquisitions have set the backdrop for more near-term dividend hikes. Read the full article on Seeking Alpha
Reported Earnings • Jul 28Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2023 results: FFO per share: US$0.5 (down from US$0.84 in 2Q 2022). Revenue: US$44.7m (up 8.5% from 2Q 2022). Funds from operations (FFO): US$25.9m (down 34% from 2Q 2022). FFO margin: 58% (down from 95% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) missed analyst estimates by 14%. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Retail REITs industry in the US. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 3% per year.
공시 • Jul 26Getty Realty Corp. Announces Regular Quarterly Cash Dividend, Payable on October 12, 2023Getty Realty Corp. announced that its Board of Directors declared a cash dividend of $0.43 per common share, payable on October 12, 2023 to holders of record on September 28, 2023.
공시 • Jun 30Getty Realty Corp. to Report Q2, 2023 Results on Jul 26, 2023Getty Realty Corp. announced that they will report Q2, 2023 results After-Market on Jul 26, 2023
Upcoming Dividend • Jun 14Upcoming dividend of US$0.43 per share at 4.9% yieldEligible shareholders must have bought the stock before 21 June 2023. Payment date: 06 July 2023. Trailing yield: 4.9%. Within top quartile of American dividend payers (4.9%). In line with average of industry peers (5.4%).