Getty Realty Corp. (GTY)
NYSEReal EstateReit - RetailSnapshot 2026-09-04
$32.53-0.37%
Close 2026-09-04 · 1-day change
NYSEReal EstateReit - RetailSnapshot 2026-09-04
QuarterlyIQ Insights · GTY
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Continue disciplined acquisition and development of convenience and automotive retail properties with a focus on high initial cash yields and expanding the committed investment pipeline.
Stated as a priority in 5 of last 5 quarters. Getty Realty invested $128.3 million in 2026-Q2 at a 7.4% initial cash yield, increasing from $56.3 million in 2025-Q3, and maintained a committed investment pipeline growing from $75 million to over $95 million. The trajectory shows consistent and increasing investment activity aligned with management's stated growth focus.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Real Estate names rated neutral grew net income 51% of the time over the next year (vs 56% for the rest of the cohort, n=3706).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“Invested $128.3 million across 42 properties at a 7.4% initial cash yield, pipeline over $95 million for 30 properties.”
“Invested $30.3 million across 29 properties at an 8.0% initial cash yield, pipeline over $125 million for 43 properties.”
“Invested $135.4 million at a 7.9% initial cash yield, pipeline approximately $100 million for 36 properties.”
“Invested $56.3 million across 29 properties at an 8.0% initial cash yield, pipeline over $75 million for 22 properties.”
“Prior disclosures show consistent investment in convenience and automotive retail properties.”
Sustain and incrementally increase dividend per share to provide shareholder returns consistent with earnings growth.
Stated as a priority in 5 of last 5 quarters. Dividend per share increased modestly from $0.47 in 2025-Q3 to $0.485 in 2026-Q2, consistent with earnings growth and management's commitment to shareholder returns. The trajectory shows stable and slightly increasing dividends aligned with stated priorities.
“Dividend per share maintained at $0.485.”
“Dividend per share maintained at $0.485.”
“Dividend per share was $0.63 for the quarter (annualized $2.52).”
“Dividend per share was $0.47.”
“Dividend per share was $0.47.”
Raise full-year 2026 Adjusted Funds From Operations (AFFO) per share guidance to reflect improved earnings outlook.
Stated as a priority in 3 of last 3 quarters. Getty Realty raised its 2026 AFFO guidance from an initial $2.48-$2.50 per share in 2025-Q4 to $2.52-$2.54 per share in 2026-Q2, reflecting improved earnings outlook. The trajectory matches management's stated priority of increasing AFFO guidance.
“Increasing 2026 AFFO guidance to $2.52 to $2.54 per diluted share.”
“Increasing 2026 AFFO guidance to $2.50 to $2.52 per diluted share.”
“Initial 2026 AFFO guidance of $2.48 to $2.50 per diluted share.”
Manage debt levels prudently, including issuance of senior unsecured notes and repayment of revolving credit facility balances.
Stated as a priority in 3 of last 3 quarters. Getty Realty managed its capital structure by issuing $250 million senior unsecured notes in 2026-Q1 and reducing revolver borrowings from $250 million in 2025-Q4 to $73 million in 2026-Q2, increasing total indebtedness from $1.0 billion to $1.1 billion. The trajectory reflects disciplined debt management consistent with stated priorities.
“Total indebtedness approximately $1.1 billion, including $73 million outstanding on revolver.”
“Received $250 million from senior unsecured notes and repaid revolver amounts.”
“Had $1.0 billion of total outstanding indebtedness including $250 million on revolver.”
Execute lease extensions to increase weighted average lease term and reduce near-term lease expirations to enhance portfolio stability.
Stated as a priority in 2 of last 2 quarters. Getty Realty extended leases totaling $11.3 million ABR in 2026-Q1, increasing portfolio WALT to over 10 years and reducing 2027 lease expirations by more than 70% to 1.6% of total ABR. The trajectory shows progress in reducing near-term lease expiration risk consistent with management's stated goals.
“Extended leases totaling $11.3 million ABR, increasing WALT to more than 10 years.”
“Portfolio metrics improved with lease extensions and recapture of properties.”
Over the trailing year it converted 1.64x of net income into operating cash flow. Historically, Real Estate names rated neutral grew net income 57% of the time over the next year (vs 46% for the rest of the cohort, n=2946).
Most sensitive to real (inflation-adjusted) rates and long-term interest rates.
Not enough signal to read sensitivity to the US dollar, the broad stock market, Fed net liquidity (low R² over the window).
11 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Real Estate names rated neutral grew net income 56% of the time over the next year (vs 48% for the rest of the cohort, n=877).
Not investment advice. As of 2026-09-04.