NEW YORK, Dec. 23, 2025 (GLOBE NEWSWIRE) -- Getty Realty Corp. (NYSE: GTY), a net lease REIT focused on convenience and automotive retail real estate, will release its financial results for the fourth quarter ended December 31, 2025 after the market closes on Wednesday, February 11, 2026. Getty Realty Corp. will host a conference call and webcast on Thursday, February 12, 2026, at 8:30 a.m. ET. To participate in the call, please dial 1-877-423-9813, or 1-201-689-8573 for international participants, ten minu ...

NEW YORK, Dec. 22, 2025 (GLOBE NEWSWIRE) -- As part of its ongoing commitment to responsible corporate citizenship, Getty Realty Corp. (NYSE: GTY) (“Getty” or the “Company”), a net lease REIT focused on convenience and automotive retail real estate, announced today the results of its 2025 Getty Gives campaign. Getty Gives provides our team with a formal program to support causes that are meaningful to us and the communities in which we live and work. Getty Gives includes corporate donations to charitable or ...

Group 1 - The market is experiencing an upward trend driven by excitement around AI, yet there are still solid investment opportunities available [1] - Many stocks are currently overvalued, indicating potential risks in the market [1] Group 2 - The author emphasizes a focus on quality investments, particularly in blue-chip stocks, BDCs, and REITs, aiming to build a portfolio that generates dividend income [2] - The investment strategy is centered on a buy-and-hold approach, with a goal of achieving financial independence through dividends in the next 5-7 years [2]

Despite the market continuing on an upward trajectory due to AI excitement and plenty of stocks being overvalued, I think there are a lot of solid deals still left in the market.Formerly known as "The Dividend Collectuh." Top 1% of financial experts on TipRanks. Contributing analyst to the iREIT+Hoya Capital investment group. Dividend Collection Agency is not a registered investment professional nor financial advisor and these articles should not be taken as financial advice. This is for educational purpose ...

Core Points - Getty Realty Corp. announced the issuance of $250 million in senior unsecured notes with a ten-year term and a fixed interest rate of 5.76% [1] - The proceeds from the notes will be used to repay amounts outstanding under the Company's $450 million revolving credit facility and for general corporate purposes, including funding investment activity [2] - The financing will allow the Company to term out Revolver borrowings at an attractive rate and create capacity for additional investment activity, with a projected weighted-average debt maturity of more than 6.0 years [3] Company Overview - Getty Realty Corp. is a publicly traded net lease REIT that specializes in the acquisition, financing, and development of convenience, automotive, and other single-tenant retail real estate [5] - As of September 30, 2025, the Company's portfolio included 1,160 freestanding properties located in 44 states across the United States and Washington, D.C. [5]

Core Insights - Companies with a strong history of dividend payments and increases are attractive to income-focused investors, with Exxon Mobil, Getty Realty, and Tyson Foods being notable examples [1] Exxon Mobil - Exxon Mobil Corp. has increased its dividends for 43 consecutive years, with the latest quarterly payout raised from $0.99 to $1.03 per share, resulting in an annual figure of $4.12 per share [3] - The current dividend yield for Exxon Mobil is 3.60% [3] - As of June 30, Exxon Mobil's annual revenue was $329.38 billion, and for Q3 2025, it reported revenues of $85.29 billion and EPS of $1.88, both exceeding expectations [3] Getty Realty - Getty Realty Corp. has raised its dividends for 12 consecutive years, with the most recent increase from $0.47 to $0.485 per share, equating to an annual figure of $1.94 per share [5] - The current dividend yield for Getty Realty is 7.07% [5] - As of September 30, Getty Realty's annual revenue was $214.19 million, and for Q3 2025, it reported revenues of $55.59 million and EPS of $0.62, both above consensus estimates [6] Tyson Foods - Tyson Foods has increased its dividends for 12 consecutive years, with the latest quarterly payout raised from $0.49 to $0.50 per share, resulting in an annual figure of $2 per share [8] - The current dividend yield for Tyson Foods is 3.89% [8]

Group 1 - The analyst has over 10 years of experience researching more than 1000 companies across various sectors including commodities and technology [1] - The focus has shifted from writing a blog to creating a value investing-focused YouTube channel, where hundreds of companies have been researched [1] - The analyst expresses a particular interest in metals and mining stocks, while also being comfortable with other industries such as consumer discretionary, REITs, and utilities [1]

Core Viewpoint - Volvo Cars reported a 2% decrease in car sales for October, selling 60,455 units compared to the same period last year [1] Company Summary - Volvo Cars sold a total of 60,455 cars in October [1] - This figure represents a 2% decline in sales compared to October of the previous year [1] Industry Summary - The automotive industry is experiencing fluctuations in sales, as indicated by Volvo's recent performance [1]

Core Insights - Getty Realty Corp. is a real estate investment trust focused on acquiring, financing, and developing single-tenant retail properties, particularly in the convenience and automotive sectors [1] Historical Performance - The stock price of Getty Realty was approximately $16.97 per share 10 years ago, and an investment of $10,000 would have allowed the purchase of about 589 shares, which would now be valued at $28.52 per share, resulting in a value of $16,806 from price appreciation alone [2] - Over the past decade, Getty Realty has paid approximately $16.26 in dividends per share, leading to a total of $9,582 earned from dividends for the same investment [3] - The total value of a $10,000 investment in Getty Realty over 10 years would be $26,388, representing a total return of 163.88%, which is significantly lower than the S&P 500's total return of 291.90% during the same period [4] Future Outlook - Analysts have a consensus rating of "Neutral" for Getty Realty, with a price target of $32.78, indicating a potential upside of nearly 15% from the current stock price [5] - The CEO highlighted the company's disciplined investment strategy and the reliability of rental income from its tenants, noting that the company has deployed $237 million at attractive yields year-to-date, reflecting healthy portfolio metrics [7]

Property Portfolio and Investment - As of September 30, 2025, the company owned a portfolio of 1,160 properties, including 1,130 owned and 30 leased from third-party landlords[155]. - The company has a weighted average remaining lease term of 9.9 years, with 1,156 properties leased under triple-net leases[157]. - During the nine months ended September 30, 2025, the company invested $135.7 million across 61 properties, including 27 drive-thru quick service restaurants and nine auto service centers[163]. - The company completed 34 redevelopment projects since 2015, enhancing property values through redevelopment[165]. - The investment strategy includes pursuing sale leaseback transactions and financing opportunities to diversify the portfolio[162]. - The company has two properties under active redevelopment and others in feasibility planning stages[166]. Financial Performance - Net earnings for Q3 2025 were $23,348,000, an increase of 52.1% compared to $15,335,000 in Q3 2024[173]. - Funds from operations (FFO) for Q3 2025 were $38,697,000, up 23.2% from $31,441,000 in Q3 2024[173]. - Adjusted funds from operations (AFFO) for Q3 2025 were $36,102,000, representing a 8.8% increase from $33,161,000 in Q3 2024[173]. - Revenues from rental properties for Q3 2025 totaled $55,159,000, a rise of 9.2% from $50,494,000 in Q3 2024[175]. - Revenues from rental properties for the nine months ended September 30, 2025, were $159,589,000, an increase of 9% from $146,430,000 in the same period of 2024[187]. Costs and Expenses - Total property costs decreased to $2,406,000 in Q3 2025, down 38.7% from $3,927,000 in Q3 2024[179]. - Interest expense increased to $11,450,000 in Q3 2025, reflecting a rise of 13.9% from $10,052,000 in Q3 2024[174]. - Impairments for the nine months ended September 30, 2025, were $2,271,000, a slight decrease from $2,467,000 in the same period of 2024[187]. - The company experienced a decrease in tenant reimbursement income by $1,231,000 due to changes in tenant payment structures for real estate taxes[177]. - Rental income for the nine months ended September 30, 2025, was $152.3 million, a decrease of $15.2 million (9.9%) compared to $137.1 million in 2024[188]. - Total revenues from rental properties decreased by $13.2 million (8.3%) to $146.4 million in 2025 from $159.6 million in 2024[188]. - Tenant reimbursement income fell by $4.5 million (107.8%) to $8.7 million in 2025 from $4.2 million in 2024, primarily due to a decrease in reimbursable real estate taxes[190]. - Property operating expenses decreased by $4.8 million (43.0%) to $6.4 million in 2025 from $11.2 million in 2024[192]. Cash Flow and Financing - Net cash flow provided by operating activities was $93.9 million in 2025, a slight decrease of $0.4 million (0.4%) from $94.3 million in 2024[203]. - Net cash flow used in investing activities decreased by $5.3 million (4.2%) to $120.7 million in 2025 from $126.0 million in 2024[205]. - The company had $260.0 million available under its Credit Facility as of September 30, 2025[202]. - The company anticipates generating approximately $113.1 million in gross proceeds from 3.7 million shares of common stock subject to forward sales agreements[202]. - Interest expense increased due to higher average borrowings and interest rates during the nine months ended September 30, 2025[199]. - The company issued $20.0 million of 3.45% Series M Guaranteed Senior Notes due February 22, 2032 and $20.0 million of 3.65% Series O Guaranteed Senior Notes due January 20, 2033 to MassMutual[217]. - As of September 30, 2025, total debt outstanding is $940.0 million, with a net total debt of $934.594 million after unamortized debt issuance costs[220]. - Regular quarterly dividends paid to stockholders for the nine months ended September 30, 2025 were $80.8 million, or $1.41 per share[232]. - The company completed a follow-on public offering of 4.0 million shares of common stock, realizing net proceeds of $65.3 million after fees and expenses[221]. - The company established an at-the-market equity offering program with an aggregate sales price of up to $350.0 million[222]. - The anticipated gross proceeds from remaining forward sales agreements are approximately $51.9 million[221]. - The company has $190.0 million under a Credit Facility maturing in January 2029 with an interest rate of 6.04%[220]. - The Series D-E Notes due June 2028 total $100.0 million with an interest rate of 5.47%[220]. - The company expects to settle outstanding forward sales agreements typically within 12 months of the respective agreement dates[228]. Environmental Liabilities - The company is subject to environmental liabilities and must accrue for these liabilities based on tenant compliance and financial capability[237]. - As of September 30, 2025, the company removed $4.1 million of unknown reserve liabilities, totaling $28.3 million removed since the beginning of the Lookback Periods[242]. - The company maintains $7.7 million of unknown reserve liabilities for certain properties where Lookback Periods have expired, reflecting ongoing risks associated with future UST removals[243]. - Total accrued environmental remediation obligations as of September 30, 2025, amounted to $16.5 million, consisting of $8.8 million of known reserve liabilities and $7.7 million of unknown reserve liabilities[245]. - The company recorded net accretion expenses of $0.2 million and $0.3 million for the nine months ended September 30, 2025 and 2024, respectively[246]. - Capitalized asset retirement costs were $29.5 million as of September 30, 2025, down from $33.2 million as of December 31, 2024[248]. - The company has a $25.0 million pollution legal liability insurance policy in place for properties with the highest risk of environmental liabilities[250]. Interest Rate Impact - An increase in market interest rates of 1.0% for 2025 would decrease the company's net income and cash flows by approximately $0.3 million[255]. - The effective interest rate for borrowings under the Credit Facility was 6.13% as of September 30, 2025, after accounting for interest rate swaps[254]. - The company had $190.0 million outstanding under the Credit Facility as of September 30, 2025, with $150.0 million subject to interest rate swaps[254]. - Temporary cash investments are currently held in an overnight bank time deposit with JPMorgan Chase Bank, N.A., which may exceed federally insurable limits[256].