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GTY Stock News Image - globenewswire.com

NEW YORK, July 23, 2024 (GLOBE NEWSWIRE) -- Getty Realty Corp. (NYSE: GTY) announced today 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.

globenewswire.com 2024 Jul 23
GTY Stock News Image - globenewswire.com

NEW YORK, June 27, 2024 (GLOBE NEWSWIRE) -- Getty Realty Corp. (NYSE: GTY) will release its financial results for the second quarter ended June 30, 2024, after the market closes on Wednesday, July 24, 2024.

globenewswire.com 2024 Jun 27
GTY Stock News Image - seekingalpha.com

Getty Realty's fundamentals and market price have diverged, with AFFO/share growing consistently while the market price has fallen, making the stock materially undervalued. The implied cap rate and AFFO multiple undervalue Getty's reliability and growth potential, with a clear runway for steady earnings growth. Getty's focus on automotive-related properties, strong tenant rent coverage, and clean underwriting process set it up for long-term growth and potential capital gains.

seekingalpha.com 2024 Jun 20
GTY Stock News Image - seekingalpha.com

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).

seekingalpha.com 2024 Jun 06
GTY Stock News Image - seekingalpha.com

REITs are priced at their lowest valuations since 2008. But that does not mean that all REITs are worth buying. Here are three REITs that I would consider selling.

seekingalpha.com 2024 Jun 04
GTY Stock News Image - globenewswire.com

NEW YORK, June 03, 2024 (GLOBE NEWSWIRE) -- Getty Realty Corp. (NYSE: GTY) announced today that it has published its 2024 Corporate Responsibility Report highlighting the Company's environmental, social and governance ("ESG") policies and practices. Getty engaged Antea® Group, an Environment, Health, Safety, and Sustainability consulting firm, to assist with the report which was prepared with consideration of the frameworks established by the Sustainability Accounting Standards Board (SASB) and the Task Force on Climate-Related Financial Disclosures (TCFD).

globenewswire.com 2024 Jun 03
GTY Stock News Image - seekingalpha.com

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.

seekingalpha.com 2024 May 20
GTY Stock News Image - Zacks Investment Research

With the summer months being traditionally weak for the stock market, astute investors should place bets on NNN REIT (NNN), Getty Realty (GTY) and Frontline (FRO) for steady income.

Zacks Investment Research 2024 May 02
GTY Stock News Image - Zacks Investment Research

Getty Realty (GTY) came out with quarterly funds from operations (FFO) of $0.57 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.56 per share a year ago.

Zacks Investment Research 2024 Apr 25
GTY Stock News Image - Seeking Alpha

Investors are bombarded with contradictory information and forecasts, making it difficult to determine what to do right now. I emphasize the importance of overcoming the bias of recent information and considering "the rest of the story." Here is a trio of overlooked real estate companies with potential for capital gains and steady dividend income.

Seeking Alpha 2024 Apr 22
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