Getty Realty

Getty Realty Corp. operates as a real estate investment trust. It engages in the acquisition, owning, selling, and leasing of convenience store and gas service station properties. The firm operates through the following brands: 76, BP, Citgo, Conoco, Exxon, Gulf, Mobil, Sunoco, Chevron, Global, Fas Mart, Aloha, United Oil, RaceTrac, and Valero. Getty Realty was founded by Leo Liebowitz in 1955 and is headquartered in New York, NY.

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Getty Realty reports robust Q4 earnings, affirms 2023 guidance

Getty Realty's Q4 2022 performance reflects solid revenue growth, increased base rental income, and improved AFFO per share, underpinned by strategic investments and portfolio diversification.
While facing challenges with rising G&A costs and environmental liabilities, the company's financial strength, disciplined approach, and reaffirmed guidance signal resilience and growth potential.
Opportunities exist for Getty Realty to capitalize on its strong foundation, optimize operational efficiency, explore new growth avenues, and enhance sustainability practices for long-term success.
Investors can be optimistic about Getty Realty's performance and strategic direction, as management remains focused on driving shareholder value and navigating market dynamics effectively.

Getty Realty posts robust Q1 results, raises 2023 guidance

Getty Realty delivered a strong financial performance in Q1 2023, driven by revenue growth and increased AFFO per share.
The company's operational strength, strategic investments, and raised guidance signal confidence in future prospects.
While debt management and capital allocation pose challenges, opportunities lie in expanding investments and exploring new growth avenues.

Getty Realty reports solid Q2 performance and strategic growth outlook

Getty Realty delivered strong financial results, showcasing growth in AFFO per share and earnings, supported by strategic investments and prudent financial management.
While facing challenges from industry trends and market conditions, the company's resilience and proactive approach position it well for future opportunities.
With a clear focus on diversification, debt management, and value creation, Getty Realty remains poised for sustained growth and shareholder value enhancement.

Getty Realty reports strong Q3 earnings and strategic growth outlook

Getty Realty delivered solid financial performance in Q3 2023, with growth in AFFO per share and total revenues, supported by strategic investments.
The company's increased dividend, raised guidance, and strong lease portfolio underscore their commitment to shareholder value and financial stability.
While facing challenges in market dynamics and tenant operations, Getty Realty's focus on opportunities for portfolio expansion and optimized investments positions them for continued growth.

Getty Realty reports record investments and revenue growth in 2023

Getty Realty delivered robust financial performance in 2023, underpinned by record investments and revenue growth, positioning the company for continued success.
While facing challenges such as managing debt levels and addressing analyst concerns, Getty's strengths in diverse investments and market optimism offer avenues for growth.
By leveraging opportunities in market positioning, technology, and sustainability, Getty Realty can navigate challenges and drive value creation for stakeholders.

Getty Realty reports strong Q1 earnings, affirms 2024 guidance

Getty Realty's Q1 2024 performance reflects robust growth in base rental income and AFFO per share, underpinned by strategic investments and portfolio management.
While facing challenges such as rising G&A expenses, the company maintains strong occupancy rates and reaffirms its 2024 AFFO guidance, signaling stability.
Opportunities lie in portfolio diversification, tenant coverage optimization, and market trends alignment, positioning Getty Realty for sustained growth and resilience.
Investors can find confidence in Getty Realty's operational strength, prudent risk management, and strategic focus on revenue optimization and asset classes.

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Getty Realty Corp. is a real estate investment trust, which engages in the acquisition, financing, and development of convenience, automotive, and other single tenant properties. Its portfolio includes convenience and gas, car wash, auto service and parts. Getty Realty was founded by Leo Liebowitz in 1955 and is headquartered in New York, NY.

NEW YORK--(BUSINESS WIRE)--Getty Realty Corp. (NYSE: GTY) will release its financial results for the quarter ended June 30, 2021 after the market closes on Wednesday, July 28, 2021. Getty Realty Corp. will host a conference call and webcast on Thursday, July 29, 2021, at 8:30 a.m. EDT. To participate in the call, please dial 1-877-423-9813, or 1-201-689-8573 for international participants, ten minutes before the scheduled start. Participants may also access the call via live webcast by visiting

Getty Realty Corp. to Report Second Quarter 2021 Financial Results

Getty Realty is a growing and durable REIT, with tenant metrics that are now stronger than pre-pandemic levels. It has a long runway of growth, as it's the largest institutional player in a market comprised primarily of mom-and-pop style owners.

Getty Realty: Sit Back And Watch Your Dividends Roll In

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NEW YORK--(BUSINESS WIRE)--Getty Realty Corp. (NYSE: GTY) announced today that Chief Executive Officer Christopher J. Constant will lead a company presentation to the investment community at Nareit's REITweek: 2021 Investor Conference on Tuesday, June 8, 2021, at 9:30am EDT. The Company intends to provide an updated investor presentation in advance of these meetings. “We look forward to providing a business update and meeting with investors next week,” said Mr. Constant. “We are excited to disc

Getty Realty Corp. to Present at Nareit 2021 Investor Conference

Getty Realty Corp. (GTY) CEO Christopher Constant on Q1 2021 Results - Earnings Call Transcript

Getty Realty (GTY) delivered FFO and revenue surprises of 0.00% and -0.39%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Getty Realty (GTY) Matches Q1 FFO Estimates

NEW YORK--(BUSINESS WIRE)--Getty Realty Corp. (NYSE: GTY) (“Getty” or the “Company”) announced today its financial results for the quarter ended March 31, 2021. First Quarter Highlights Net earnings of $0.40 per share Funds From Operations (“FFO”) of $0.44 per share Adjusted Funds From Operations (“AFFO”) of $0.47 per share Invested an aggregate of $30.3 million across nine properties “The continued stability of our core portfolio and the strength of our tenants' operating businesses resulted i

Getty Realty Corp. Announces First Quarter 2021 Results

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NEW YORK--(BUSINESS WIRE)--Getty Realty Corp. (NYSE: GTY) will release its financial results for the quarter ended March 31, 2021, after the market closes on Wednesday, April 28, 2021. Getty Realty Corp. will host a conference call and webcast on Thursday, April 29, 2021 at 8:30 a.m. EDT. To participate in the call, please dial 1-877-423-9813, or 1-201-689-8573 for international participants, ten minutes before the scheduled start. Participants may also access the call via live webcast by visit

Getty Realty Corp. to Report First Quarter 2021 Financial Results

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GTY is a well-operated landlord of net leased gas stations across America.

Getty Realty: A World Of EVs Will Require Far Fewer Gas Stations

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NEW YORK--(BUSINESS WIRE)--Getty Realty Corp. (NYSE:GTY) announced today that Leo Liebowitz, the Company's Chairman & Co-Founder has elected to retire from the Board of Directors, effective February 23, 2021. Mr. Liebowitz's decision to retire comes after more than 50 years of service as the Company's Chairman of the Board. In addition to his tenure as the Company's Chairman, he served as our Chief Executive Officer from 1985 until 2010 and as our President from 1971 until 2004. Mr. Liebowi

Getty Realty Corp. Announces Retirement of Chairman & Co-Founder Leo Liebowitz

Getty Realty Corp. (GTY) CEO Christopher Constant on Q4 2020 Results - Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--Getty Realty Corp. (NYSE: GTY) (“Getty” or the “Company”) announced today its financial results for the quarter and year ended December 31, 2020. Highlights for the Fourth Quarter Net earnings of $0.77 per diluted share Funds From Operations (“FFO”) of $0.91 per diluted share Adjusted Funds From Operations (“AFFO”) of $0.48 per diluted share Collected 99% of contractually due rent and mortgage payments Acquired 10 properties for an aggregate of $45.1 million Completed

Getty Realty Corp. Announces Fourth Quarter and Full Year 2020 Results

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NEW YORK--(BUSINESS WIRE)--Getty Realty Corp. (NYSE: GTY) will release its financial results for the fourth quarter and year ended December 31, 2020, after the market closes on Tuesday, February 23, 2021. Getty Realty Corp. will host a conference call and webcast on Wednesday, February 24, 2021, at 8:30 a.m. EST. To participate in the call, please dial 1-877-423-9813, or 1-201-689-8573 for international participants, ten minutes before the scheduled start. Participants may also access the call

Getty Realty Corp. to Report Fourth Quarter 2020 Financial Results

JERICHO, N.Y.--(BUSINESS WIRE)--Getty Realty Corp. (NYSE: GTY) announced today the allocations of the Company's 2020 dividend distributions on its common stock (CUSIP #374297109). The allocations as they will be reported on Form 1099-DIV are as follows: Ordinary Income Capital Gains RecordDate PayableDate Total 2020Distributions PerShare(1a + 2a + 3) Total(Box 1a) Total(Box 2a) Unrecapt'd Sec1250(Box 2b) NondividendDistributions(Box 3) 12/26/2019 1/9/2020 $ 0.3680955 $ 0.3264564 $ 0.0123863 $ 0

Getty Realty Corp. Announces 2020 Dividend Tax Treatment

Getty Realty is an interesting, niche REIT on the market. The company's business model has allowed it to grow at a nice clip and its fundamentals remain robust.

Getty Realty: A Quality REIT

Getty Realty is doing well in the current environment, and continues to grow. Its net lease model is scalable, and results in increased profitability over time.

Getty Realty: What Makes This 5.8%-Yielding REIT A Buy

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JERICHO, N.Y.--(BUSINESS WIRE)--Getty Realty Corp. (NYSE:GTY) announced today it has issued $175 million of senior unsecured notes maturing in 2030 bearing interest at a fixed rate of 3.43%. The senior unsecured notes were issued in a private placement with The Prudential Insurance Company of America (“Prudential”), American General Life Insurance Company (“AIG”) and Massachusetts Mutual Life Insurance Company (“MassMutual”), and are subject to substantially similar terms and conditions as the

Getty Realty Corp. Announces $175 Million Private Placement of Senior Unsecured Notes

JERICHO, N.Y.--(BUSINESS WIRE)--Getty Realty Corp. (NYSE: GTY) announced today that Brian R. Dickman has been appointed Executive Vice President, Chief Financial Officer and Treasurer, effective December 14, 2020. Mr. Dickman will succeed Danion Fielding, who previously announced his intention to resign for personal reasons. Mr. Fielding will stay on as Chief Financial Officer through December 11, 2020. “I am pleased to welcome Brian to our leadership team,” said Christopher J. Constant, Getty'

Getty Realty Corp. Appoints Brian Dickman as New Chief Financial Officer

Gas station real estate has surprisingly delivered very strong rent collection numbers. GTY has reported robust cash flow growth in spite of the pandemic.

Getty Realty: A 6% Dividend Yield Growing 5% Annually From Gas Station Real Estate

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News for Getty Realty Stock (GTY)