Getty Realty Corp. (GTY)
NYSE:GTY
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Earnings Data
Report Date
Jul 29, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.38Last Year’s EPS
0.24Same Quarter Last Year
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a broadly positive operating and capital markets picture: robust rent growth (13.1% YoY), AFFO/share improvement (6.8% YoY), an upward revision to full-year guidance, near-full occupancy, strong tenant coverage, and substantial liquidity and investment pipeline. Headwinds cited were manageable (leverage near the top of target range, pipeline yields in the mid–high 7% area, shorter lease terms on recent granular deals, and acknowledged geopolitical/fuel risks). On balance, positives significantly outweigh the negatives.Company Guidance
Strong Rent Growth
Annualized base rent increased 13.1% year-over-year, driven by in-place portfolio performance and lease activity.
AFFO and Earnings Improvement
AFFO per share for Q1 was $0.63, a 6.8% increase versus Q1 2025; FFO per share was $0.69 and net income per share was $0.43.
Increased Full-Year Guidance
Full-year 2026 AFFO per share guidance was raised to $2.50–$2.52 from $2.48–$2.50 (increase of ~0.8%–1.6%).
High Portfolio Occupancy and Durability
Portfolio occupancy (ex-redevelopment) was 99.7%; weighted average lease term (WALT) for the portfolio was 10.1 years and trailing 12-month tenant rent coverage remained strong at 2.5x.
Active and Accretive Investment Activity
Q1 investments totaled $30.3 million across 29 properties at an initial cash yield of 8%; year-to-date investments were $34.4 million at an 8% initial cash yield; $125 million of investments under contract and a larger pipeline under LOI.
Robust Liquidity and Capital Position
Total liquidity exceeded $625 million; $450 million revolver undrawn; $170+ million unsettled forward equity; raised $130 million equity in overnight offering; $250 million unsecured notes issued in Q1.
Stable Balance Sheet Metrics
Net debt to EBITDA was 5.1x (4.2x including unsettled forward equity), within target leverage of 4.5x–5.5x; fixed charge coverage was 4.0x; no debt maturities until June 2028.
Operating Cost Discipline
G&A ratio (ex stock comp and nonrecurring retirement costs) improved to 9.2%, a 130-basis-point improvement year over year; management expects G&A growth <2% in 2026 and ratio to fall below 9%.
GTY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GTY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 22, 2026 | $33.21 | $33.76 | +1.66% |
Feb 11, 2026 | $30.60 | $32.52 | +6.28% |
Oct 22, 2025 | $26.65 | $27.32 | +2.54% |
Jul 23, 2025 | $25.89 | $26.16 | +1.07% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Getty Realty Corp. (GTY) report earnings?
Getty Realty Corp. (GTY) is schdueled to report earning on Jul 29, 2026, After Close (Confirmed).
What is Getty Realty Corp. (GTY) earnings time?
Getty Realty Corp. (GTY) earnings time is at Jul 29, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GTY EPS forecast?
GTY EPS forecast for the fiscal quarter 2026 (Q2) is 0.38.