NYSE:GTY Stock Quote
Getty Realty Corp is a leading real estate investment trust (REIT) that focuses on the ownership, redevelopment, and leasing of retail and convenience store properties, primarily those related to the gasoline and automotive sectors
The company strategically manages a diverse portfolio of properties that are typically located at high-traffic locations, providing essential services to consumers. Through its expertise in property management and market analysis, Getty Realty aims to create value for its tenants and shareholders by fostering long-term relationships and pursuing opportunities for expansion in the evolving energy landscape.
Frequently Asked Questions
Can you describe any recent acquisitions made by Getty Realty Corporation?
Recently, Getty Realty Corporation has made strategic acquisitions to expand its portfolio and enhance its market presence. These acquisitions typically focus on high-traffic locations that demonstrate solid growth potential and long-term tenant commitments. The company's management routinely assesses opportunities that align with its growth strategy and offer stable cash flow.
How does Getty Realty Corporation ensure financial transparency?
Getty Realty Corporation ensures financial transparency by adhering to strict reporting and regulatory standards as required by the Securities and Exchange Commission (SEC). It regularly publishes financial statements, holds quarterly earnings calls, and provides detailed disclosures on its operations, performance, and corporate governance practices to keep shareholders informed.
How does Getty Realty Corporation foster tenant relationships?
Getty Realty Corporation fosters tenant relationships by providing responsive property management services, ensuring properties are well-maintained, and facilitating communication regarding lease terms. By being attentive to tenant needs and fostering a collaborative environment, the company aims to retain long-term leases and minimize vacancy rates.
How does Getty Realty Corporation maintain its competitive advantage?
Getty Realty Corporation maintains its competitive advantage through strategic property acquisitions, strong tenant relationships, and a focus on niche markets within the fuel and convenience sectors. By leveraging its expertise in real estate management and understanding market trends, the company aims to optimize its portfolio's performance and stay ahead of competitors.
How does Getty Realty Corporation manage its portfolio?
Getty Realty Corporation manages its portfolio by actively acquiring, leasing, and occasionally selling properties to optimize performance and maximize shareholder value. The management team utilizes market research and analysis to identify properties with high growth potential and favorable lease terms, while also ensuring diversification across its portfolio to mitigate risk.
How does Getty Realty Corporation respond to economic changes?
Getty Realty Corporation responds to economic changes by actively monitoring market conditions and adapting its strategies to address any challenges. This may include reviewing tenant lease agreements, adjusting acquisition strategies, or investing in emerging markets to stay resilient amidst economic fluctuations and to ensure consistent revenue generation.
On which stock exchange is Getty Realty Corporation traded?
Getty Realty Corporation is traded on the New York Stock Exchange (NYSE) under the ticker symbol GTY. Being listed on a major stock exchange allows investors to easily buy and sell shares of the company's stock.
What are some key financial metrics for Getty Realty Corporation?
Key financial metrics for Getty Realty Corporation include revenue, net income, funds from operations (FFO), and dividend yield. FFO is particularly important for REITs as it measures the cash generated by operations, excluding one-time expenses. Additionally, the dividend yield provides insight into the company's ability to return capital to shareholders, demonstrating its financial health.
What does Getty Realty Corporation do?
Getty Realty Corporation is a publicly traded real estate investment trust (REIT) that primarily focuses on the ownership, leasing, and development of retail and convenience properties, particularly those in the petroleum sector. The company invests in properties that are leased to operators of gas stations, convenience stores, and car washes, among others. Getty Realty aims to generate sustainable income for its shareholders through a diversified portfolio of strategically located properties across the United States.
What geographic regions does Getty Realty Corporation operate in?
Getty Realty Corporation primarily operates in the United States, with a focus on markets that have high demand for retail gasoline and convenience store services. Its properties are strategically located in urban and suburban areas where consumer traffic and demand for gasoline and convenience services are substantial.
What is Getty Realty Corporation's approach to sustainability?
Getty Realty Corporation recognizes the importance of sustainability and environmental stewardship within its portfolio. The company seeks to invest in properties that comply with environmental regulations and are designed to minimize their ecological footprint. Additionally, it monitors sustainability trends within the retail petroleum sector to adapt its strategies accordingly and appeal to environmentally conscious consumers.
What is the business model of Getty Realty Corporation?
Getty Realty Corporation operates on a real estate investment trust (REIT) model, which involves acquiring properties, leasing them to tenants, and generating rental income. The company structures its leases to provide stable and predictable cash flow, allowing it to distribute dividends to its shareholders while reinvesting earnings into new property acquisitions and developments.
What is the dividend policy of Getty Realty Corporation?
Getty Realty Corporation has a commitment to returning capital to its shareholders through regular dividends. The company aims to distribute a significant portion of its taxable income to shareholders, consistent with REIT regulations, thereby providing attractive yields for investors looking for income-producing investments.
What is the investment outlook for Getty Realty Corporation?
The investment outlook for Getty Realty Corporation is generally viewed as positive, given the company's established track record, strong tenant relationships, and steady cash flow from its diversified portfolio. While external market factors may create some uncertainty, the ongoing demand for convenience and fuel-related services positions the company favorably for growth and continued shareholder returns.
What is the significance of the fuel market for Getty Realty Corporation?
The fuel market is significant for Getty Realty Corporation as it directly influences the demand for its properties, which are largely focused on convenience and gasoline retailing. The company's success is closely tied to trends in fuel consumption, regulatory changes affecting the petroleum industry, and market dynamics, which can impact tenant profitability and, in turn, rental income.
What risks does Getty Realty Corporation face?
Getty Realty Corporation faces several risks, including fluctuations in fuel prices, changes in consumer behavior, and economic downturns that could impact tenant operations. Additionally, regulatory changes in the petroleum industry and competition from alternative energy sources can pose challenges. The company mitigates these risks through rigorous financial analysis and maintaining strong tenant relationships.
When was Getty Realty Corporation founded?
Getty Realty Corporation was founded in 1986. Since its inception, the company has focused on maximizing returns for its investors while providing quality properties for its tenants in the convenience and petroleum markets.
Where is Getty Realty Corporation headquartered?
Getty Realty Corporation is headquartered in Malibu, California. This prime location allows the company to have proximity to its core market of retail gasoline stations and convenience store operations, facilitating better management and communication with tenants and stakeholders.
Who are the leadership team members of Getty Realty Corporation?
The leadership team of Getty Realty Corporation consists of experienced professionals with backgrounds in real estate, finance, and operations. The CEO and other executives are tasked with steering the company's strategic direction, ensuring operational efficiency, and maintaining investor relations, with an emphasis on driving growth and profitability.
Who are the primary tenants of Getty Realty Corporation's properties?
The primary tenants of Getty Realty Corporation's properties include operators of gas stations, convenience stores, and car washes. These tenants typically have long-term leases, which help ensure consistent rental income for Getty Realty and stability in its revenue streams.
What is the current price of Getty Realty Corporation Common Stock?
The current price of Getty Realty Corporation Common Stock is 30.59
When was Getty Realty Corporation Common Stock last traded?
The last trade of Getty Realty Corporation Common Stock was at 3:02 pm EDT on April 2nd, 2025
What is the market capitalization of Getty Realty Corporation Common Stock?
The market capitalization of Getty Realty Corporation Common Stock is 1.51B
How many shares of Getty Realty Corporation Common Stock are outstanding?
Getty Realty Corporation Common Stock has 49.49M shares outstanding.