Getty Realty (GTY) AI Stock Analysis

• Market Cap: $1.95B
• Dividend Yield: 6.77%
• Average Volume (3M): 568.08K
• Price to Earnings (P/E): 24.2
• Beta (1Y): 0.04
• Revenue Growth: 8.17%
• EPS Growth: 9.96%
• Country: US
• Employees: 29
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Retail
• EPS (TTM): 0.45
• Shares Outstanding: 59,816,532
• 10 Day Avg. Volume: 980,296
• 30 Day Avg. Volume: 568,081
• PEG Ratio: 2.72
• Price to Book (P/B): 1.44
• Price to Sales (P/S): 6.95
• P/FCF Ratio: 12.14
• Enterprise Value/Market Cap: 1.54
• Enterprise Value/Revenue: 13.56
• Enterprise Value/Gross Profit: 33.74
• Enterprise Value/Ebitda: 11.68
• 1Y Price Target: $33.00
• Price Target Upside: 0.61% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): 1.4
• Revenue Forecast (FY): $234.57M

• Rating: 74 Outperform
• Price Target: $35.00 ▲(6.71% Upside)
• Action: Reiterated Date: 02/19/26
• Date: Action: Reiterated 02/19/26

The score is driven mainly by solid financial performance (profitability and cash flow strength tempered by higher leverage) and a positive earnings outlook with strong portfolio metrics. Technicals support the uptrend but are overbought, and valuation is mixed (high yield but a higher P/E), keeping the overall score in the mid-70s.

Positive Factors

High occupancy & long lease terms

Near-perfect occupancy and long WALE under triple-net leases provide durable, predictable cash flows and low vacancy risk. This structural rent visibility supports AFFO stability and reduces downside from tenant turnover, making income generation resilient across economic cycles.

Accretive acquisition yields and disciplined underwriting

Consistently sourcing acquisitions at high initial cash yields and long-term leases enhances return on invested capital and provides multi-year AFFO upside. Discipline in underwriting plus long lease durations increases probability acquisitions remain accretive and bolster sustained earnings growth.

Strong liquidity and capital structure execution

Ample liquidity, extended maturities and successful note issuance at moderate rates reduce near-term refinancing risk and enable ongoing investment activity. This structural financial flexibility supports growth execution and shields operations from short-term market dislocations.

Negative Factors

Leverage near upper target range

Higher leverage reduces balance-sheet flexibility and raises refinancing sensitivity to rate moves or tighter credit conditions. With net debt/EBITDA near the upper target, future acquisitions or shocks could necessitate more costly funding or equity issuance, limiting downside protection.

Pipeline concentrated in development funding

A development-heavy pipeline depends on tenant construction schedules and reimbursement cadence, which can delay cash deployment and yield realization. Execution or timing slippage could defer projected AFFO accretion and create uneven cash flows across reporting periods.

Margin variability and slight FCF deceleration

Year-to-year margin swings and a small decline in FCF growth signal potential pressure points in cost structure or mix that could impair AFFO momentum. Persistent volatility would weaken earnings predictability and could constrain dividend sustainability or reinvestment capacity.

Getty Realty Business Overview & Revenue Model

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.

How the Company Makes Money

Getty Realty generates revenue primarily through long-term leases with tenants who operate convenience stores and gas stations. The company typically structures its leases to include rental payments that are partially based on the tenants' sales, which provides a steady income stream. Additionally, Getty Realty benefits from a portfolio of properties that often have built-in rent escalations, allowing for increased revenue over time. The company's focus on acquiring properties in prime locations further enhances its earning potential, as these sites tend to attract higher foot traffic and customer volumes. Partnerships with reputable retail brands in the gas station and convenience store sectors also contribute to its revenue stability and growth prospects.

Getty Realty Financial Statement Overview

Summary

Fundamentals are solid overall: steady revenue growth, strong profitability, and consistent operating/free cash flow. Offsetting this, leverage has risen (debt-to-equity near ~1.0 and net debt/EBITDA discussed near the high end of target), and 2025 showed some margin variability and slightly negative free cash flow growth, which increases sensitivity to financing conditions.

Income Statement

Revenue shows a steady upward trajectory from $147.3M (2020) to $221.7M (2025), with growth accelerating in 2025 (3.5%). Profitability is strong for the period, with consistently high operating and EBITDA margins and a solid 2025 net margin (~35.7%). The main weakness is volatility in margin quality year-to-year—most notably a sharp drop in gross margin in 2025 versus 2024—suggesting changes in cost structure or mix that could pressure earnings consistency if it persists.

Balance Sheet

The balance sheet is reasonably supported by equity (2025 equity ~$1.07B vs. debt ~$1.02B), but leverage is meaningfully higher than earlier years, with debt-to-equity near ~1.0 in 2024–2025 versus ~0.81 in 2021–2023. Returns on equity are steady but moderate (~7.4% in 2024–2025), indicating stable profitability but not exceptional balance-sheet efficiency. Overall, the company looks financially stable, though higher leverage reduces flexibility if rates or refinancing conditions become less favorable.

Cash Flow

Cash generation is solid and consistent: operating cash flow rose from ~$82.8M (2020) to ~$127.4M (2025), and free cash flow remains strong at ~$127.0M in 2025. Free cash flow closely tracks net income across the period (roughly ~1.0x), supporting earnings quality. The main weakness is that free cash flow growth turned slightly negative in 2025 (-1.9%) after modest growth in prior years, pointing to some near-term deceleration even though absolute cash flow remains healthy.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	221.73M	203.39M	185.85M	165.59M	155.41M
Gross Profit	89.11M	188.53M	162.06M	144.03M	133.36M
EBITDA	187.50M	170.76M	143.02M	145.95M	113.20M
Net Income	79.19M	71.06M	60.15M	90.04M	62.86M
Balance Sheet
Total Assets	2.17B	1.97B	1.82B	1.56B	1.47B
Cash, Cash Equivalents and Short-Term Investments	12.78M	9.48M	3.31M	8.71M	24.74M
Total Debt	1.06B	918.90M	772.74M	714.97M	608.84M
Total Liabilities	1.10B	1.01B	866.75M	802.45M	721.84M
Stockholders Equity	1.07B	962.08M	955.55M	759.85M	745.11M
Cash Flow
Free Cash Flow	127.02M	129.63M	104.99M	93.09M	86.55M
Operating Cash Flow	127.45M	130.50M	105.30M	93.09M	86.82M
Investing Cash Flow	-241.89M	-200.47M	-310.70M	-139.06M	-169.73M
Financing Cash Flow	113.61M	78.30M	199.44M	30.76M	52.32M

Getty Realty Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 32.80
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GTY, the sentiment is Positive. The current price of 32.8 is above the 20-day moving average (MA) of 31.49, above the 50-day MA of 29.67, and above the 200-day MA of 27.73, indicating a bullish trend. The MACD of 0.90 indicates Negative momentum. The RSI at 63.87 is Neutral, neither overbought nor oversold. The STOCH value of 59.12 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GTY.

Getty Realty Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FCPT	75 Outperform	$2.79B	23.28	7.56%	6.10%	8.28%	1.49%
GTY	74 Outperform	$1.95B	24.21	7.79%	6.77%	8.17%	9.96%
WSR	71 Outperform	$1.54B	17.56	11.14%	3.97%	4.44%	107.23%
CURB	70 Outperform	$2.91B	74.08	2.72%	3.13%	―	―
NTST	69 Neutral	$2.25B	249.15	0.50%	4.61%	19.92%	―
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
PINE	65 Neutral	$301.47M	-88.59	-1.00%	7.01%	14.81%	-245.25%

Getty Realty Corporate Events

Getty Realty Highlights Strong Liquidity and Growth Outlook

Getty Realty Corp., a REIT specializing in freestanding convenience and automotive retail real estate such as convenience stores, car washes, auto service centers and drive-thru QSRs, operates 1,174 properties across 44 states with 99.7% occupancy and diversified tenants and markets. The company uses unitary triple-net leases with annual rent escalations and maintains investment-grade metrics, including a BBB- Fitch rating and moderate leverage, to underpin its income-focused model.

In 2025, Getty invested $269 million at a 7.9% initial cash yield, acquiring 72 properties across key convenience and automotive categories while driving AFFO growth of 8.1% to $141.4 million and a 3.8% rise in AFFO per share to $2.43. As of February 11, 2026, the company reported 99.9% year-to-date rent collections, tenant rent coverage of 2.5x, more than $520 million of liquidity, no debt maturities until June 2028, and roughly $100 million of additional investments under contract, positioning it for further expansion in 2026 and reinforcing its standing in essential retail real estate.

The most recent analyst rating on (GTY) stock is a Buy with a $33.00 price target. To see the full list of analyst forecasts on Getty Realty stock, see the GTY Stock Forecast page.

Getty Realty Announces Leadership Transition and CIO Promotion

On January 20, 2026, Getty Realty Corp. announced that long-serving Executive Vice President, Chief Investment Officer and Chief Operating Officer Mark J. Olear will retire effective February 27, 2026, and that Senior Vice President of Acquisitions Robert J. (“RJ”) Ryan will be promoted to Chief Investment Officer while the Chief Operating Officer role will be eliminated. Olear, credited by management with leading a decade-long transformation of Getty’s real estate portfolio, will receive continued salary and benefits through his retirement date, specified treatment of his restricted stock units, and post-retirement COBRA reimbursement, and is expected to provide advisory and consulting services to support an orderly leadership transition as Ryan, a key architect of recent acquisitions, assumes responsibility for investment strategy and execution, underscoring continuity in Getty’s growth and diversification plans for its convenience and automotive retail portfolio.

The most recent analyst rating on (GTY) stock is a Buy with a $35.00 price target. To see the full list of analyst forecasts on Getty Realty stock, see the GTY Stock Forecast page.

Getty Realty Announces $250M Note Purchase Agreement

On November 19, 2025, Getty Realty Corp. announced its entry into a Note Purchase and Guaranty Agreement for a private placement of $250 million in senior unsecured notes, scheduled to fund by January 22, 2026. The proceeds will be used to repay borrowings under its revolving credit facility and for general corporate purposes, enhancing the company’s investment capacity and financial flexibility. This strategic move is expected to extend the company’s debt maturity profile and optimize its capital structure, potentially impacting its operational efficiency and market positioning.

The most recent analyst rating on (GTY) stock is a Buy with a $36.00 price target. To see the full list of analyst forecasts on Getty Realty stock, see the GTY Stock Forecast page.