Getty Realty Corp.

Getty Realty Corp. Announces Third Quarter 2026 Results

Getty Realty posted Q3 2026 revenues of $62.99M, up 13% year-over-year, with base rental income up 13.8% to $59.3M and AFFO per share of $0.64 versus $0.62 a year ago. The company invested $297.4M in the quarter at a 6.9% initial cash yield and has now deployed $502.3M year-to-date at 7.2%, with a committed pipeline of more than $75M across 29 properties. Getty raised 2026 AFFO guidance to $2.53-$2.54 per diluted share from $2.52-$2.54, a modest increase, and noted a new $200M term loan refinancing revolver borrowings at an effective 5.03% rate.

•18d ago

Getty Realty Corp. Announces Increased Quarterly Cash Dividend

Getty Realty's board declared a quarterly dividend of $0.50 per share, a 3.1% increase over the prior quarter. The dividend is payable January 7, 2027 to holders of record on December 24, 2026, marking the 13th consecutive year of dividend increases. Getty is a net lease REIT focused on convenience and automotive retail, with 1,269 freestanding properties across 46 states.

•19d ago

Getty Realty Corp. Announces New $200 Million Unsecured Term Loan

Getty Realty entered into a new $200 million senior unsecured term loan with existing lenders, maturing October 2028 with three twelve-month extension options. Proceeds repaid revolver borrowings, including amounts that funded part of the recently completed Refuel transaction. The effective rate at closing was 5.03%. The same amendment removed the 10bp credit spread adjustment on SOFR borrowings and lets the Revolver price off a ratings-based grid, reducing borrowing costs and adding balance-sheet flexibility.

•20d ago

Getty Realty Corp. Announces $260.9 Million Sale Leaseback Transaction with Refuel Operating Company

Getty Realty closed a $260.9 million sale-leaseback with Refuel Operating Company, acquiring 41 modern convenience stores across South Carolina, North Carolina, Texas, and Mississippi under four 20-year unitary net leases. Pro forma for the deal, Refuel becomes Getty's third-largest tenant at roughly 7.7% of annualized base rent; year-to-date investment now totals about $455.2 million at a 7.1% initial cash yield. Funding is structured to be leverage-neutral via unsettled forward equity (about $100 million), roughly $100 million of a new $200 million unsecured term loan, and at least $50 million of identified dispositions.

•1mo ago

Getty Realty Corp. Announces Second Quarter 2026 Results

Getty Realty reported Q2 AFFO of $0.62 per share, a 5% increase from the prior year, with net earnings reaching $0.36 per share. The company raised its full-year 2026 AFFO guidance to a range of $2.52 to $2.54 per share, up from the previously guided $2.50 to $2.52. Operations were bolstered by $172 million of year-to-date investments at an average initial cash yield of 7.6%, alongside a committed pipeline exceeding $95 million.

•3mo ago

Getty Realty Corp. Announces First Quarter 2026 Results

Getty Realty reported Q1 AFFO of $0.63, up from $0.59 a year ago, and raised its full-year 2026 AFFO guidance to $2.50-$2.52 per share. The company invested $30.3 million during the quarter at an 8.0% cash yield and expanded its committed pipeline to over $125 million. Capital markets activity included a forward equity offering expected to raise $129.9 million and the repayment of its revolving credit facility.

•6mo ago