Getty Realty stock hits 52-week low at 26.63 USD

Getty Realty Corp (NYSE:GTY) stock reached a 52-week low, hitting a price of 26.63 USD. This marks a significant point for the real estate investment trust, which specializes in the ownership, leasing, and financing of convenience store and gasoline station properties. According to InvestingPro data, the company maintains impressive gross profit margins of 93.65% and offers a substantial dividend yield of 6.94%. Over the past year, Getty Realty’s stock has experienced a decline, with a 1-year change of -12.39%. Despite the downturn, the company has maintained dividend payments for 31 consecutive years and achieved 7.8% revenue growth in the last twelve months. InvestingPro analysis suggests the stock is currently trading near its Fair Value, with additional insights available in the comprehensive Pro Research Report, one of 1,400+ detailed company analyses available to subscribers.

In other recent news, Getty Realty Corporation reported its first-quarter 2025 earnings, revealing an earnings per share (EPS) of $0.25, which fell short of analyst projections of $0.3202. However, the company slightly exceeded revenue forecasts, reporting $50.6 million compared to the anticipated $50.46 million. Despite the earnings miss, Getty Realty demonstrated strength in its operational metrics, including an 11.2% increase in Annualized Base Rent (ABR) and maintaining a robust occupancy rate of 99.7%. The company also reaffirmed its adjusted funds from operations (AFFO) per share guidance of $2.38 to $2.41 for the full year.

In a separate development, Getty Realty’s shareholders approved the re-election of board members and endorsed executive compensation packages. Additionally, PricewaterhouseCoopers LLP was ratified as the independent auditor for the fiscal year ending December 31, 2025. These decisions reflect shareholder confidence in the company’s governance and financial oversight.

Furthermore, Getty Realty is actively managing its investment pipeline, with $110 million allocated, focusing on auto service and development funding. The company aims to resolve the ZiPS car wash bankruptcy situation by the end of the second quarter of 2025. Analyst feedback from firms such as Bank of America and Citizens JMP suggests ongoing interest and scrutiny over Getty Realty’s strategic moves and financial health.

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