-0.23%
2.79%
-1.34%
4.56%
11.97%
4.38%
-1.74%
AI Spotlight on GTY
Company Description
Getty Realty Corp.is the leading publicly traded real estate investment trust in the United States specializing in the ownership, leasing and financing of convenience store and gasoline station properties.As of September 30, 2020, the Company owned 896 properties and leased 58 properties from third-party landlords in 35 states across the United States and Washington, D.C.
Market Data
| Last Price | 30.97 |
| Change Percentage | -0.23% |
| Open | 30.97 |
| Previous Close | 31.04 |
| Market Cap ( Millions) | 1704 |
| Volume | 165633 |
| Year High | 33.85 |
| Year Low | 25.7 |
| M A 50 | 31.24 |
| M A 200 | 30.02 |
Financial Ratios
| FCF Yield | 7.30% |
| Dividend Yield | 5.88% |
| ROE | 6.84% |
| Debt / Equity | 88.16% |
| Net Debt / EBIDTA | 549.96% |
| Price To Book | 1.74 |
| Price Earnings Ratio | 25.74 |
| Price To FCF | 13.69 |
| Price To sales | 8.6 |
| EV / EBITDA | 16.59 |
News
- Jan -24 - Getty Realty: This Overlooked Near 6% Yielder Is Even More Attractive Than Before
- Jan -23 - Getty Realty Corp. Announces Expanded $450 Million Credit Facility
- Jan -16 - Getty Realty Corp. Announces 2024 Dividend Tax Treatment
- Jan -12 - Fire And Ice
- Jan -10 - Getty Realty's Updated Guidance Adds To Its Solid Baseline
- Jan -03 - 3 High-Yielding Dividend Stocks For 2025
- Dec -31 - Getty Realty: Pullback Creates Opportunity As Capital Market Risk Is Manageable
- Dec -23 - Getty Realty Corp. to Report Fourth Quarter 2024 Financial Results
- Dec -09 - Don't Miss The Dividend Train: 2 Top Buys To End 2024
- Dec -03 - Property Type Round-Up From REITworld 2024
- Nov -25 - Getty Realty Corp. Closes $125 Million Private Placement of Senior Unsecured Notes
- Nov -02 - Beat Back Market Turbulence With These Yields Up To 9%
- Oct -26 - Getty Realty: Solid Q3 Results Given Stable Cash Flow And Accretive M&A
- Oct -24 - Getty Realty Corp. (GTY) Q3 2024 Earnings Call Transcript
- Oct -23 - Getty Realty (GTY) Q3 FFO and Revenues Surpass Estimates
- Oct -23 - Getty Realty Corp. Announces Third Quarter 2024 Results
- Oct -22 - Getty Realty Corp. Announces Increased Quarterly Cash Dividend
- Oct -16 - U.S. REITs Log Dip In Short Interest In September
- Oct -16 - Getty Realty: Double-Digit AFFO Growth, Near 6% Yield Make Them A Long-Term Buy
- Sep -18 - Buried Treasures:Β 11 Dramatically Undervalued REITs
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Rental Properties
Expected Growth : 4.83 %
What the company do ?
Getty Realty Corp. offers rental properties, providing tenants with a range of options, from apartments to commercial spaces, with flexible lease terms and amenities.
Why we expect these perspectives ?
Getty Realty Corp.'s 4.83% growth in Rental Properties is driven by increasing demand for convenience stores and gas stations, strategic acquisitions, and a strong portfolio of long-term leases. Additionally, the company's focus on diversifying its tenant base and expanding into new markets has contributed to its growth.
Segment nΒ°2 -> Interest on Notes and Mortgages Receivable
Expected Growth : 7.4 %
What the company do ?
Interest on Notes and Mortgages Receivable from Getty Realty Corp. refers to the interest earned on loans and mortgages provided to Getty Realty Corp., a real estate investment trust.
Why we expect these perspectives ?
The 7.4% growth in Interest on Notes and Mortgages Receivable from Getty Realty Corp. is driven by increasing property values, rising interest rates, and a growing portfolio of mortgage receivables. Additionally, Getty Realty Corp.'s strategic acquisitions and expansion into new markets have contributed to the growth.
Getty Realty Corp. Products
| Product Range | What is it ? |
|---|---|
| Gas Stations | Getty Realty Corp. owns and operates gas stations across the United States, providing fuel and convenience store services to customers. |
| Commercial Properties | Getty Realty Corp. owns and leases commercial properties, including retail, office, and industrial spaces. |
| Real Estate Investment Trust (REIT) | Getty Realty Corp. operates as a Real Estate Investment Trust (REIT), providing a diversified portfolio of properties to investors. |
| Property Management Services | Getty Realty Corp. offers property management services, including leasing, maintenance, and accounting services. |
Getty Realty Corp.'s Porter Forces
Threat Of Substitutes
Getty Realty Corp. operates in a niche market, providing real estate services to the convenience store and petroleum marketing industry. While there are substitutes available, they are not as specialized as Getty Realty Corp.'s services, reducing the threat of substitutes.
Bargaining Power Of Customers
Getty Realty Corp.'s customers are primarily convenience store and petroleum marketing companies, which have limited bargaining power due to their reliance on Getty Realty Corp.'s specialized services.
Bargaining Power Of Suppliers
Getty Realty Corp. relies on a network of suppliers, including contractors and vendors, to provide services to its customers. While suppliers have some bargaining power, Getty Realty Corp.'s diversified supplier base reduces the risk of supplier concentration.
Threat Of New Entrants
The real estate services market for convenience stores and petroleum marketing companies has high barriers to entry, including specialized knowledge and relationships. This reduces the threat of new entrants.
Intensity Of Rivalry
The real estate services market for convenience stores and petroleum marketing companies is highly competitive, with several established players competing for market share. Getty Realty Corp. must differentiate itself through its specialized services and strong relationships to maintain its market position.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 44.71% |
| Debt Cost | 8.46% |
| Equity Weight | 55.29% |
| Equity Cost | 8.46% |
| WACC | 8.46% |
| Leverage | 80.87% |
Getty Realty Corp. : Quality Control
Getty Realty Corp. passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| WSR | Whitestone is a community-centered shopping center REIT that acquires, owns, manages, develops and redevelops high-quality open-air neighborhood centers primarily in the largest, fastest-growing and most affluent markets in the Sunbelt. β¦ |
| ROIC | Retail Opportunity Investments Corp. (NASDAQ: ROIC), is a fully-integrated, self-managed real estate investment trust (REIT) that specializes in the acquisition, ownership and management of grocery-anchored shopping centers located in densely β¦ |
| BFS | Saul Centers, Inc. is a self-managed, self-administered equity REIT headquartered in Bethesda, Maryland, which currently operates and manages a real estate portfolio of 60 properties which includes (a) 50 community β¦ |
| AKR | Acadia Realty Trust is an equity real estate investment trust focused on delivering long-term, profitable growth via its dual Β Core Portfolio and Fund Β operating platforms and its disciplined, β¦ |
| NTST | NETSTREIT is an internally managed Real Estate Investment Trust (REIT) based in Dallas, Texas that specializes in acquiring single-tenant net lease retail properties nationwide. The growing portfolio consists of high-quality β¦ |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
π₯
Getty Realty
A-Score
1-Year Total Return ->
π₯
Saul Centers
A-Score
1-Year Total Return ->
π₯
NETSTREIT
A-Score
1-Year Total Return ->
4
Whitestone REIT
A-Score
1-Year Total Return ->
5
Retail Opportunity Investments
A-Score
1-Year Total Return ->
6
