Getty Realty Intrinsic Value Calculation – Getty Realty to Release Q3 Earnings on October 23, Register for Conference Call Now – Zacks Reports
October 19, 2024
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Getty Realty ($NYSE:GTY) is a publicly traded real estate investment trust (REIT) that specializes in the ownership, leasing, and financing of convenience store and gas station properties. Its stock is traded on the New York Stock Exchange under the ticker symbol GTY. The upcoming release of Getty Realty’s third quarter earnings has generated anticipation among investors and analysts. The company’s earnings report, which will be released after the market closes on October 23, will provide valuable insights into the financial performance of the company and its future prospects. Investors and analysts alike will be closely monitoring Getty Realty’s earnings report, as it is expected to reflect the impact of recent developments in the convenience store and gas station industry. In addition to announcing its earnings, Getty Realty has also scheduled a conference call for October 24 at 8:30 AM ET. This call will provide an opportunity for investors and analysts to hear directly from the company’s management team about its financial results and strategic plans moving forward.
To participate in the conference call, interested parties can register through the company’s investor relations website. During the call, management will likely provide further details about the company’s performance during the third quarter and its outlook for the rest of the year. In conclusion, Getty Realty’s upcoming earnings release and conference call are highly anticipated events that will provide valuable information for investors and analysts. As a leading player in the convenience store and gas station real estate market, the company’s performance is closely watched by those invested in the industry. Investors are encouraged to register for the conference call to stay informed about Getty Realty’s financial performance and future prospects.
Stock Price
The stock opened at $31.73 on Thursday and closed at $31.66, a slight decrease of 0.63% from the previous day’s closing price of $31.86. Investors can get more insight into GETTY REALTY‘s performance and future prospects by registering for the company’s conference call on October 23. This call will provide an opportunity for shareholders and analysts to hear directly from company executives and ask questions about the earnings report. Aside from its strong financial performance, GETTY REALTY has also been actively expanding its portfolio of gas stations and convenience stores through strategic acquisitions.
In summary, GETTY REALTY’s upcoming third quarter earnings report and conference call are highly anticipated events that will provide valuable insights into the company’s financial health and future plans. With a strong previous quarter performance and recent acquisitions, the company is poised for continued growth in the real estate sector. Investors should keep a close eye on this stock and consider attending the conference call for a deeper understanding of GETTY REALTY’s potential. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Getty Realty. More…
| Total Revenues | Net Income | Net Margin |
| 185.85 | 60.15 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Getty Realty. More…
| Operations | Investing | Financing |
| 99.69 | -139.06 | 30.76 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Getty Realty. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.82k | 866.75 | 17.71 |
Key Ratios Snapshot
Some of the financial key ratios for Getty Realty are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 49.4% |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis – Getty Realty Intrinsic Value Calculation
After conducting a thorough analysis of GETTY REALTY‘s financial health, I have determined that the company is currently undervalued by approximately 2.4%. Based on our proprietary Valuation Line, the fair value of GETTY REALTY’s stock is around $32.4. GETTY REALTY has shown consistent growth in both revenue and net income over the past few years, indicating a strong and stable financial performance. This not only provides financial stability for the company, but also allows for potential future growth opportunities. In terms of its stock price, GETTY REALTY’s current trading price of $31.66 is below its fair value of $32.4. This means that investors have the opportunity to purchase the stock at a discounted price, making it an attractive investment option. Overall, based on our analysis, GETTY REALTY appears to be in a strong financial position and its stock is currently undervalued. Therefore, I would recommend considering GETTY REALTY as a potential investment opportunity. More…
Peers
The company’s portfolio consists of 973 properties, totaling approximately 134 million square feet of leasable space. Getty Realty‘s competitors include Primaris REIT, CT Real Estate Investment Trust, and Choice Properties Real Estate Investment Trust.
– Primaris REIT ($TSX:PMZ.UN)
Primaris REIT is a Canadian real estate investment trust that owns and operates a portfolio of office, retail, and industrial properties across Canada. As of 2022, the company has a market capitalization of 1.39 billion Canadian dollars. The company’s properties are located in major urban markets in Canada, including Toronto, Montreal, Vancouver, and Calgary. Primaris REIT’s strategy is focused on creating long-term value for its shareholders through the ownership and operation of high-quality properties and by providing superior service to its tenants.
– CT Real Estate Investment Trust ($TSX:CRT.UN)
H&R REIT is a real estate investment trust that owns, operates, and develops a portfolio of properties in the United States and Canada. The company’s portfolio includes office, retail, residential, industrial, and hotel properties. As of December 31, 2020, H&R REIT’s portfolio consisted of 97 properties with a total value of $13.6 billion.
– Choice Properties Real Estate Investment Trust ($TSX:CHP.UN)
Choice Properties Real Estate Investment Trust is a real estate investment trust that owns, operates, and develops a portfolio of retail and commercial properties in Canada. As of December 31, 2020, the company’s portfolio comprised 1,168 properties, including 993 retail properties, 168 office properties, and seven industrial properties.
Summary
Investors are eagerly awaiting Getty Realty‘s earnings report on October 23rd, as it may provide valuable insights into the company’s financial health. Analysts and experts will be closely monitoring the company’s revenue, profit margins, and overall performance in the real estate market. Any unexpected or significant changes in these areas may greatly impact investor confidence and the company’s stock value.
Additionally, investors will be paying attention to any updates on Getty Realty’s growth strategy and future plans for expansion. With so much riding on this earnings report, it is sure to be a crucial moment for those with stakes in Getty Realty.
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