Welcome to our dedicated page for Getty Rlty news (Ticker: GTY), a resource for investors and traders seeking the latest updates and insights on Getty Rlty stock.
Getty Realty Corp. (NYSE: GTY) is a net lease REIT focused on the acquisition, financing and development of convenience, automotive and other single-tenant retail real estate. The GTY news page on Stock Titan aggregates the company’s latest press releases and market updates so readers can follow developments affecting its portfolio of freestanding properties across 44 states and Washington, D.C.
News about Getty Realty frequently covers investment activity, such as acquisitions of convenience stores, drive-thru quick service restaurants, express tunnel car washes, auto service centers and auto parts stores. The company also reports on its development funding for new-to-industry automotive and car wash sites, as well as its committed investment pipeline for future convenience and automotive retail properties.
Investors can also find regular updates on quarterly and annual financial results, including rental income trends, FFO and AFFO performance, property dispositions, redevelopment projects and changes in environmental expenses. Capital markets announcements, such as private placements of senior unsecured notes, activity under the unsecured revolving credit facility and equity issuance through forward sale agreements, are another recurring theme in Getty Realty’s news flow.
In addition, Getty Realty publishes information on dividend declarations and its history of consecutive annual dividend increases, as well as corporate responsibility initiatives like the Getty Gives program, which supports charitable organizations and employee volunteerism. For anyone tracking GTY stock, this news page offers a centralized view of how the company is expanding and managing its net lease portfolio, financing its growth and engaging with communities. Bookmark this page to review new releases, transaction updates and financial announcements as they are reported.
Getty Realty Corp. (NYSE: GTY) appointed Evelyn León Infurna as an independent director and member of its Nominating and Corporate Governance Committee, effective immediately. With over 30 years in real estate and corporate finance, Ms. Infurna is currently a Senior Vice President of Investor Relations at SmartRent.com Inc. and has significant experience with ICR, Citigroup, and various hedge funds. The company’s Chairman, Howard Safenowitz, expressed confidence in Infurna’s expertise in capital markets and real estate, highlighting her potential contributions to Getty's long-term success.
Getty Realty Corp. (NYSE: GTY) will announce its financial results for Q2 2021 on July 28, 2021, after market close. A conference call is scheduled for July 29, 2021, at 8:30 a.m. EDT, with access via phone or live webcast. The company owns 951 properties and leases 56 properties across 36 states and Washington, D.C. This net lease REIT focuses on convenience and automotive retail real estate.
Getty Realty Corp. (NYSE: GTY) announced that CEO Christopher J. Constant will present at Nareit’s REITweek: 2021 Investor Conference on June 8, 2021, at 9:30 am EDT. The company aims to provide an updated investor presentation ahead of the event. Mr. Constant expressed eagerness to share insights on investment activities, particularly in the convenience and automotive retail sectors. The virtual conference is free to attend, and registration is available online. Getty Realty Corp. specializes in real estate, owning 902 properties and leasing 58 across 35 states and Washington, D.C.
Getty Realty Corp. (NYSE: GTY) has declared a cash dividend of $0.39 per common share, payable on July 8, 2021, to shareholders on record as of June 24, 2021. The company specializes in the real estate investment trust sector, focusing on acquisition, ownership, leasing, and redevelopment of convenience stores, gasoline stations, and related retail properties. As of March 31, 2021, Getty Realty owned 902 properties and leased 58 properties across 35 states and Washington, D.C.
Getty Realty Corp. (NYSE: GTY) reported strong financial results for Q1 2021, with net earnings increasing to $17.9 million ($0.40 per share), up from $12.7 million ($0.30 per share) in Q1 2020. Funds From Operations (FFO) totaled $19.9 million ($0.44 per share), slightly down from $20.0 million ($0.47 per share) year-over-year. Adjusted Funds From Operations (AFFO) rose to $20.9 million ($0.47 per share), compared to $19.3 million ($0.46 per share) last year. The Company invested $30.3 million across nine properties and reaffirmed its 2021 AFFO guidance of $1.86 to $1.88 per share.
Getty Realty Corp. (NYSE: GTY) is set to announce its financial results for Q1 2021 on April 28, 2021, post-market closure. The company will hold a conference call on April 29, 2021, at 8:30 a.m. EDT, allowing participants to join via phone or webcast. A replay of the call will be accessible from April 29 to May 6, 2021. With a portfolio of 901 owned properties and 58 leased, Getty Realty is a prominent player in the U.S. real estate investment trust sector, focused on convenience stores and automotive-related real estate.
Getty Realty Corp. (NYSE:GTY) announced that Leo Liebowitz, its Chairman & Co-Founder, will retire from the Board effective February 23, 2021. Mr. Liebowitz served the company for over 50 years, previously holding roles as CEO and President. He co-founded Getty by acquiring a gas station in 1955 and led transformative acquisitions, including the Northeastern gasoline stations from Getty Oil. Under his leadership, the company evolved into a prominent real estate investment trust owning over 950 automotive-related properties. Christopher J. Constant praised his significant contributions.
Getty Realty Corp. (NYSE: GTY) has declared a cash dividend of $0.39 per common share, set to be paid on April 8, 2021, to shareholders on record as of March 25, 2021. The company is a prominent real estate investment trust (REIT) in the U.S., focusing on the acquisition and management of convenience stores and automotive-related properties. As of December 31, 2020, Getty owned 901 properties and leased 58 properties in 35 states and Washington, D.C.
Getty Realty Corp. (GTY) announced its 2020 financial results, reporting net earnings of $69.4 million ($1.62/share) and Funds From Operations (FFO) of $99.3 million ($2.31/share). The fourth quarter saw net earnings of $33.8 million ($0.77/share) and FFO of $40 million ($0.91/share). The company maintained strong rent collections at 98% for the year, benefiting from strategic acquisitions totaling $150 million and the completion of six redevelopment projects. They anticipate 2021 Adjusted Funds From Operations (AFFO) in the range of $1.86 to $1.88/share.
Getty Realty Corp. (NYSE: GTY) will release its financial results for the fourth quarter and year ended December 31, 2020, on February 23, 2021. A conference call will follow on February 24, 2021, at 8:30 a.m. EST for stakeholders to discuss these results. Participants can join via phone or webcast through the company’s investor website. Additionally, a replay of the call will be available from February 24 to March 3, 2021. Getty Realty is a top real estate investment trust in the U.S., owning 896 properties and leasing 58 in 35 states and D.C.