Getty Realty NYSE: GTY reported higher second-quarter adjusted funds from operations and raised its full-year 2026 AFFO per-share guidance, citing continued investment activity, stable tenant performance and a strong capital position.
Getty Realty Corp. (GTY) Q2 2026 Earnings Call Transcript
Getty Realty (GTY) came out with quarterly funds from operations (FFO) of $0.62 per share, missing the Zacks Consensus Estimate of $0.63 per share. This compares to FFO of $0.59 per share a year ago.
Getty Realty (GTY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Getty Realty Corp. has outperformed peers, up nearly 20% year-to-date, and offers a 5.8% dividend yield and consistent AFFO growth. GTY raised full-year AFFO guidance to $2.50–$2.52, reflecting strong investment activity and robust portfolio fundamentals with 99.7% occupancy. The REIT trades at a forward P/AFFO of 13x, below the peer average, with potential for re-rating to 14x–16x as economic clarity improves.
Getty Realty Corp. (GTY) Q1 2026 Earnings Call Transcript
Getty Realty Corp. (GTY) is reaffirmed as a Strong Buy, driven by robust fundamentals and an attractive, sustainable dividend yield. GTY posted a strong Q1, raising 2026 AFFO guidance to $2.50–$2.52 per share, with 99.7% occupancy and a solid investment pipeline. The REIT boasts a solid balance sheet, with no debt maturities until June 2028, and a well-covered 5.7% dividend yield with plenty of room for growth.
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.
While the top- and bottom-line numbers for Getty Realty (GTY) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Getty Realty (GTY) came out with quarterly funds from operations (FFO) of $0.63 per share, beating the Zacks Consensus Estimate of $0.62 per share. This compares to FFO of $0.59 per share a year ago.
Getty Realty (GTY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Getty Realty Corporation (NYSE: GTY - Get Free Report) was the target of a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 7,399,188 shares, a growth of 135.7% from the February 12th total of 3,139,236 shares. Currently, 13.6% of the shares of the stock are