Getty Rlty Corp Stock Price, News & Analysis

Getty Realty Corp. (GTY) reported its financial results for Q2 2021, showing a net earnings increase to $12.9 million ($0.28/share) from $11.0 million ($0.26/share) in Q2 2020. Funds from Operations (FFO) rose to $22.0 million ($0.49/share) compared to $18.6 million ($0.44/share) the previous year. The company invested $44.1 million across 53 properties in Q2, contributing to an 11% rise in Adjusted Funds From Operations (AFFO) per share. Getty increased its 2021 AFFO guidance to $1.89-$1.91 per share due to strong capital market activities.

Getty Realty Corp. (NYSE: GTY) has declared a cash dividend of $0.39 per common share, payable on October 7, 2021, to shareholders on record as of September 23, 2021. The company, a net lease REIT, focuses on the acquisition, financing, and development of single-tenant retail real estate. As of June 30, 2021, Getty owned 951 properties and leased 54 properties across 35 states and Washington, D.C.

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.