Getty Realty: Pullback Creates Opportunity As Capital Market Risk Is Manageable

Summary:

• Getty Realty has underperformed despite a stable, low-risk business profile and strong financial results, making it an attractive buy opportunity.
• The REIT’s high-quality tenant base and 99.7% occupancy rate ensure steady cash flows and low renewal risk, supporting its financial stability.
• Capital market reliance and rising interest rates pose risks, but Getty’s cost of capital remains manageable, with ongoing M&A activities expected to be accretive.
• With a secure 6.3% dividend yield and ~10% long-term return potential, GTY stock offers excellent income and moderate growth potential, making it a buy.

Shares of Getty Realty (NYSE:GTY) have been an underperformer over the past year, trading flat in what has been a material bull market. However, this masks significant intra-year volatility, as the stock surged over the summer amid solid results and hope for a

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