Getty Realty is upgraded to 'Strong Buy' for its high 7.1% yield, resilient portfolio, and discounted valuation. GTY's disciplined acquisition strategy and robust investment pipeline support steady AFFO and dividend growth. Trading at a forward P/FFO of 11.8, GTY offers value below its historical and sector median multiples, with potential for mid-teens total annual returns.
Getty Realty Corp. remains undervalued despite strong fundamentals, robust earnings, and a nearly 7% yield, warranting a reiterated buy rating. GTY's Q3 saw AFFO guidance raised, investment activity accelerate, and occupancy at 99.8%, supporting dividend safety and future growth potential. The REIT's balance sheet is flexible, with low leverage (5.1x), ample liquidity, and no significant debt maturities until 2028.
Getty Realty remains a Strong Buy, offering a 7%+ dividend yield and robust fundamentals despite macro uncertainty. GTY reported strong Q3 results, upgraded its 2025 AFFO guidance, and a healthy investment pipeline supported by ample liquidity plus a 99.8% occupancy rate. The REIT benefits from long-term fixed-rate debt, no maturity until mid-2028, favorable lease structures, and potential upside from advancing rate cuts and improved economic conditions.
Getty Realty remains a buy for income-oriented investors, offering a ~7% yield and strong credit metrics, despite recent stock underperformance. GTY reported solid Q3 results, with AFFO per share up 3% and rent collection at 99.9%, alleviating tenant credit quality concerns. Dealmaking has accelerated, with diversified acquisitions at attractive yields and ample funding secured through forward equity sales.
Although the revenue and EPS for Getty Realty (GTY) give a sense of how its business performed in the quarter ended September 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Getty Realty (GTY) came out with quarterly funds from operations (FFO) of $0.62 per share, beating the Zacks Consensus Estimate of $0.61 per share. This compares to FFO of $0.59 per share a year ago.
Getty Realty Corp. (NYSE:GTY ) Q2 2025 Earnings Conference Call July 24, 2025 8:30 AM ET Company Participants Christopher Constant - President, CEO & Director Brian Dickman - Executive VP, CFO & Treasurer Joshua Dicker - Executive VP, General Counsel & Corporate Secretary Mark Olear - Executive VP, Chief Investment Officer & COO Conference Call Participants Michael Goldsmith - UBS Investment Bank, Research Division Michael Gorman - BTIG, LLC, Research Division Mitch Germain - Citizens JMP Securities, LLC, Research Division Upal Rana - KeyBanc Capital Markets Inc., Research Division Wesley Golladay - Robert W. Baird & Co. Incorporated, Research Division Brad Heffern - RBC Capital Markets, Research Division Operator Good morning, and welcome to Getty Realty's Second Quarter 2025 Earnings Call.
Getty Realty offers highly predictable cash flows and a 6.9% yield, making it attractive for dividend-focused investors despite recent share underperformance. The company's growth is challenged by reliance on equity financing, which dilutes returns, but its investment pipeline remains robust and diversified. Strong occupancy (99.7%) and long lease terms (10 years) limit credit risk, with minimal near-term lease maturities and resilient rent collections.
Getty Realty (GTY) came out with quarterly funds from operations (FFO) of $0.59 per share, missing the Zacks Consensus Estimate of $0.6 per share. This compares to FFO of $0.58 per share a year ago.
Getty Realty offers a compelling ~6.73% dividend yield, supported by solid financials and resilient occupancy rates above 99%. Despite tenant concentration, diversification efforts and unitary leases limit risk, on top of fixed-rate debt maturities coming only from 2028 onward. A likely interest rate cut would boost REIT valuations and dividend appeal, positioning Getty for outsized gains versus peers.
Start Time: 08:30 January 1, 0000 9:16 AM ET Getty Realty Corp. (NYSE:GTY ) Q1 2025 Earnings Conference Call April 24, 2025, 08:30 AM ET Company Participants Christopher Constant - President and CEO Mark Olear - EVP and COO Brian Dickman - EVP, CFO and Treasurer Joshua Dicker - EVP, General Counsel and Secretary Conference Call Participants Daniel Byrne - Bank of America Mitch Germain - Citizens JMP Upal Rana - KeyBanc Capital Markets Wes Golladay - Baird Brad Heffern - RBC Michael Goldsmith - UBS Michael Gorman - BTIG Operator Good morning, and welcome to Getty Realty First Quarter 2025 Earnings Call. This call is being recorded.
Getty Realty (GTY) came out with quarterly funds from operations (FFO) of $0.59 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.57 per share a year ago.