Getty Realty (GTY)

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Getty Realty (GTY) - 2024 Q2 - Earnings Call Transcript
2024-07-25 15:05
Getty Realty Corp. (NYSE:GTY) Q2 2024 Earnings Conference Call July 25, 2024 8:30 AM ET Company Participants Joshua Dicker - Executive Vice President, General Counsel and Secretary Christopher Constant - President and Chief Executive Officer Mark Olear - Executive Vice President and Chief Operating Officer Brian Dickman - Executive Vice President, Chief Financial Officer and Treasurer Conference Call Participants Farrell Granath - Bank of America Brad Heffern - RBC Capital Markets Wes Golladay - Baird Akhil ...
Getty Realty (GTY) Q2 FFO and Revenues Beat Estimates
ZACKS· 2024-07-24 22:56
Over the last four quarters, the company has surpassed consensus FFO estimates two times. Getty Realty (GTY) came out with quarterly funds from operations (FFO) of $0.58 per share, beating the Zacks Consensus Estimate of $0.57 per share. This compares to FFO of $0.56 per share a year ago. These figures are adjusted for non-recurring items. Getty Realty, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $48.72 million for the quarter ended June 2024, surpassing the Zacks C ...
Getty Realty (GTY) - 2024 Q2 - Quarterly Results
2024-07-24 20:30
Exhibit 99.1 FOR IMMEDIATE RELEASE GETTY REALTY CORP. ANNOUNCES SECOND QUARTER 2024 RESULTS - Reports $104 Million of Year-to-Date Investment Activity - - Increases 2024 Full Year Earnings Guidance - NEW YORK, NY, July 24, 2024 — Getty Realty Corp. (NYSE: GTY) ("Getty" or the "Company") announced today its financial and operating results for the quarter ended June 30, 2024. Second Quarter 2024 Highlights All per share amounts are presented on a fully diluted per common share basis, unless stated otherwise. ...
Getty Realty Corp. Announces Second Quarter 2024 Results
GlobeNewswire News Room· 2024-07-24 20:05
– Reports $104 Million of Year-to-Date Investment Activity – – Increases 2024 Full Year Earnings Guidance – NEW YORK, July 24, 2024 (GLOBE NEWSWIRE) -- Getty Realty Corp. (NYSE: GTY) ("Getty" or the "Company") announced today its financial and operating results for the quarter ended June 30, 2024. Second Quarter 2024 Highlights Net earnings: $0.30 per share Funds From Operations ("FFO"): $0.55 per share Adjusted Funds From Operations ("AFFO"): $0.58 per share Invested $61.7 million across 23 properties at a ...
Getty Realty Corp. to Report Second Quarter 2024 Financial Results
GlobeNewswire News Room· 2024-06-27 12:00
If you cannot participate in the live event, a replay will be available on Thursday, July 25, 2024, beginning at 11:30 a.m. EDT through 11:59 p.m. EDT, Thursday, August 1, 2024. To access the replay, please dial 1-844- 512-2921, or 1-412-317-6671 for international participants, and reference pass code 13747423. Contact: Investor Relations (646) 349-0598 ir@gettyrealty.com NEW YORK, June 27, 2024 (GLOBE NEWSWIRE) -- Getty Realty Corp. (NYSE: GTY) will release its financial results for the second quarter ende ...
Getty Realty: Consistent Growth At A Cheap Multiple
Seeking Alpha· 2024-06-20 19:52
1 198 - i 1181 jax10289 Getty Realty's (NYSE:GTY) fundamentals and market price have diverged. Specifically, its AFFO/share has consistently grown at a healthy pace while its market price has fallen. Consequently, the stock has moved from fair value to materially undervalued. As it stands today, Getty is trading at an 8.3% implied cap rate and 11.5X AFFO multiple while having a clear runway of steady earnings growth. I believe the AFFO multiple substantially undervalues the company's reliability and growth, ...
Getty Realty Is Getting Risky - The Good And The Bad
Seeking Alpha· 2024-06-07 03:47
pictafolio Introduction GTY's Investor Presentation Entity Reference rationale NTST Triple net lease REIT that targets retail/service-oriented properties. It has 628 investments. EPRT Triple net lease REIT that targets retail/service-oriented properties. It owns 1937 properties. ADC Triple net lease REIT that targets retail/service-oriented properties. It owns 2161 properties. NNN Triple net lease REIT that targets retail/service-oriented properties. It owns 3546 properties. Without further ado, let's revie ...
Getty Realty Corp. Publishes 2024 Corporate Responsibility Report
GlobeNewswire News Room· 2024-06-03 12:00
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 For ...
Getty Realty: Shares Can Be Attractive Even With Slower Investment
seekingalpha.com· 2024-05-20 22:53
Jacobs Stock Photography Ltd Shares of Getty Realty (NYSE:GTY) have been a meaningful underperformer over the past year. I last covered shares in January, rating them a "buy." However, since that recommendation, shares have lost 1% while the market has rallied a further 11%. I continue to view Getty's business as stable, given strong debt coverage and long average lease terms. My primary concern has been on its equity-funded acquisitions. Still, deals have favorable economic terms. Acquisition growth may sl ...
Getty Realty (GTY) - 2024 Q1 - Quarterly Report
2024-04-26 20:45
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-13777 GETTY REALTY CORP. (Exact Name of Registrant as Specified in Its Charter) (State or Other Jurisdiction of Incorporation o ...