Getty Realty: Profitable, Solvent, And Undervalued

Summary:

• Getty Realty is a net-lease REIT with a well-diversified portfolio of properties, high occupancy, and a solid tenant base.
• The REIT maintains a BBB- rating with manageable debt levels and high liquidity, ensuring financial flexibility and stability even in fluctuating interest rate environments.
• Despite some risks, GTY stock is undervalued, offering a high dividend yield which is supported by stable cash flows.

Getty Realty Corp. (NYSE:GTY), incorporated in 1955 and headquartered in New York, NY, is a net-lease REIT that primarily acquires, finances, and develops convenience and automotive single-tenant retail real estate assets.

Despite some risks faced by market concentration

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