Getty Realty Intrinsic Value Calculator – Franklin Resources Increases Investment in Getty Realty Corp.
December 14, 2023
🌥️Trending News
Franklin Resources Inc. has recently increased its investment in Getty Realty ($NYSE:GTY) Corp., a publicly traded real estate investment trust (REIT). This move marks Franklin Resources’ commitment to investing in companies with long-term growth prospects. By investing in Getty Realty, they are able to benefit from the steady and reliable income derived from its leases and financing activities. With this increased investment from Franklin Resources Inc., Getty Realty Corp is well positioned for continued growth and success in the years to come.
The company is expected to benefit from the increased liquidity that this additional capital brings, allowing them to further improve their portfolio of properties. This investment also signifies the trust placed in Getty Realty Corp by one of the world’s largest asset managers, making it a highly attractive option for potential investors.
Stock Price
Friday was a difficult day for GETTY REALTY Corp. as the stock opened at $29.9 and closed at $28.9, a decrease of 3.5% from the previous closing price of 30.0. This came after Franklin Resources Inc. announced that it had increased its investment in GETTY REALTY Corp. The news sent shockwaves through the stock market, causing GETTY REALTY’s share price to take a hit. Despite the decrease, investors remain optimistic that GETTY REALTY will be a strong investment in the future as it continues to benefit from Franklin Resources Inc.’s increased involvement. 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 |
| 181.33 | 70.78 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Getty Realty. More…
| Operations | Investing | Financing |
| 99.69 | -331.03 | 225.09 |
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 |
| 1.78k | 852.8 | 17.57 |
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 |
| – | – | 52.7% |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis – Getty Realty Intrinsic Value Calculator
At GoodWhale, we have conducted an analysis of GETTY REALTY‘s wellbeing and found that its intrinsic value is around $32.5. This was calculated using our proprietary Valuation Line, which assesses a company’s financial metrics, industry trends, and future potential to assess its intrinsic value. We have concluded that GETTY REALTY is now undervalued by 11.1%, as it is currently being traded at $28.9. This presents a great opportunity for investors to purchase GETTY REALTY stock for a fair price. More…
Peers
The company’s portfolio consists of 973 properties, totaling approximately 134 million square feet of leasable space. Getty Realty‘s competitors include Primaris REIT, CT Real Estate Investment Trust, and Choice Properties Real Estate Investment Trust.
– Primaris REIT ($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
Getty Realty Corp. (GETTY) is a real estate investment trust that specializes in the ownership, leasing and financing of convenience store and gasoline station properties. Despite this, the stock price moved down the same day. Investors may view this as an opportunity to buy into the stock at a discounted rate. Analysts suggest that GETTY’s strong balance sheet positions it to benefit from an eventual economic recovery as a result of its strong liquidity and conservative leverage.
Furthermore, GETTY’s niche positioning in the convenience store and gasoline station market may help the company weather unexpected economic downturns. As such, investors with a long-term view may find GETTY a compelling buy.
