. (GTY)

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Getty Realty ($NYSE:GTY) Corp. (GTY) is a publicly traded real estate investment trust (REIT) based in Jericho, New York. The company specializes in the ownership, leasing, and financing of convenience stores and gasoline stations throughout the United States. While the company has yet to comment on Sumitomo Mitsui’s divestment, analysts speculate that the move may be due to the uncertainty surrounding Getty Realty’s future performance following its recent earnings report.

Price History

Sumitomo Mitsui Trust Holdings Inc. recently announced the divestment of its stake in Getty Realty Corp. (GTY). On Monday, the stock opened at $33.8 and closed at $33.3, representing a drop of 1.5% from the prior day’s closing price. The divestment came as a surprise to many investors and analysts, who had expected the stock to continue its upward trend.

This news weighed heavily on the stock’s performance, leading to a significant decrease in the share price. Investors are now closely watching the stock to see how far it may fall in the coming days and how quickly it will recover. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Getty Realty. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Getty Realty. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Getty Realty. More…

Key Ratios Snapshot

Some of the financial key ratios for Getty Realty are shown below. More…

Analysis

At GoodWhale, we’ve taken a deep dive into GETTY REALTY‘s financials and business fundamentals, and reanalyzed their data to give investors a comprehensive assessment of their overall risk profile. Our Risk Rating system gives GETTY REALTY a low risk rating, which means it is a safe investment for those looking to diversify their portfolio. We have detected one risk warning in GETTY REALTY’s balance sheet, but only registered users can access it. Signing up with GoodWhale is simple and free, so you can easily stay informed with the latest news and trends in the stock market. With our up-to-date analysis and reports, you can trust that you are making an informed decision when investing in GETTY REALTY. 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. is a leading real estate investment trust (REIT) focused on the acquisition, leasing, and management of convenience store and gasoline station properties in the United States. Investors should consider the current and potential future performance of the company before investing. Analyzing the company’s financials and recent developments can provide insight into whether the stock is a good value. Factors to consider include dividend yield, debt-to-equity ratio, earnings growth, and return on equity.

Additionally, investors should also analyze the industry in which Getty Realty operates and be aware of any potential macroeconomic headwinds that may affect the stock.