Company Extends Five Leases Totaling $10.9M
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 11 2026
0mins
Should l Buy GTY?
The Company has extended the lease terms for five unitary leases totaling $10.9M of annual base rent, or 5.0% of total ABR as of December 31, 2025. Pro forma for this leasing activity: The portfolio's weighted average lease term increased from 9.9 years to 10.4 years; ABR expiring in 2027 decreased by approximately 70% to 1.7% of total ABR; Aggregate 2026 and 2027 lease expirations represented less than 2.8% of total ABR,
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy GTY?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on GTY
Wall Street analysts forecast GTY stock price to fall
4 Analyst Rating
2 Buy
2 Hold
0 Sell
Moderate Buy
Current: 33.230
Low
29.00
Averages
31.25
High
36.00
Current: 33.230
Low
29.00
Averages
31.25
High
36.00
About GTY
Getty Realty Corp. is a net lease real estate investment trust (REIT) specializing in the acquisition, financing and development of convenience, automotive and other single tenant retail real estate. The Company’s portfolio includes approximately 1,137 freestanding properties located in 44 states across the United States and Washington, D.C. The Company's portfolio is comprised of convenience stores, express tunnel car washes, automotive service centers (gasoline and repair, oil and maintenance, tire and battery, and collision) and certain other freestanding retail properties, including drive-thru quick service restaurants and automotive parts retailers. The Company's tenants operate under a variety of national and regional brands. The Company's tenants either operate their businesses at its properties directly or, in the case of certain convenience stores and gasoline and repair stations, sublet its properties and supply fuel to third parties who operate the businesses.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Price Target Breakthrough: Getty Realty Corp.'s shares recently reached $33.70, surpassing the average analyst 12-month target price of $33.43, indicating increased market confidence and potentially attracting more investor interest.
- Diverse Analyst Reactions: Among analysts covered by Zacks, target prices range from $32.00 to $37.00, with a standard deviation of $1.718, highlighting differing market perspectives that investors need to carefully assess for risk and reward.
- Clear Market Signal: The stock's rise above the target price provides a strong signal for investors to reassess the company, prompting considerations of whether to hold or reduce their positions, which could impact market liquidity and stock price volatility.
- Wisdom of Crowds: The average target price reflects the views of multiple experts, and investors should pay attention to this
See More
- Quant Rating Overview: As the earnings season concludes, investors are focusing on updated quant ratings that reflect how companies rank across key factors such as valuation, growth, profitability, and momentum, aiding in informed investment decisions.
- Top-Rated Companies: DiamondRock Hospitality (DRH) boasts a quant rating of 4.81, classified as Strong Buy, indicating a significant strengthening of its fundamentals and increased investor confidence; Getty Realty (GTY) and EPR Properties (EPR) follow closely with ratings of 4.71 and 4.68, respectively, both also Strong Buy, showcasing their competitive edge in the market.
- Lowest-Rated Companies: Fermi (FRMI) has a dismal quant rating of 1.00, categorized as Strong Sell, highlighting its weak fundamentals and potential risks; SL Green Realty (SLG) and Douglas Emmett (DEI) have ratings of 1.16 and 1.38, respectively, also in the Strong Sell range, reflecting a lack of market confidence in these firms.
- Market Impact Analysis: The fluctuations in these quant ratings not only influence investor buying and selling decisions but may also directly affect the stock prices of the respective companies, particularly in the small-cap real estate sector where rating changes can lead to significant shifts in capital flows.
See More
- Offering Size: Getty Realty has priced a public offering of 4 million shares of common stock, expected to raise approximately $131 million in gross proceeds, indicating strong demand and investor confidence in the capital markets.
- Additional Option: The underwriters have a 30-day option to purchase an additional 600,000 shares, enhancing the offering's flexibility and potential cash inflow, which reflects ongoing market interest in the stock.
- Use of Proceeds: The company intends to utilize the net proceeds from the offering for property acquisitions, repaying outstanding debt under its revolving credit facility, and for general corporate purposes, demonstrating its strategic intent to expand and optimize its balance sheet.
- Market Reaction: Following the announcement of the public offering, Getty Realty's shares rose by 3.9% in after-hours trading, reflecting positive investor sentiment regarding the company's future growth potential.
See More
- Offering Size: Getty Realty Corp. announced a public offering of 4 million shares at a gross proceeds of approximately $131 million, expected to close on February 19, 2026, indicating the company's proactive financing strategy in the capital markets.
- Underwriter Selection: J.P. Morgan and Wells Fargo Securities have been appointed as the book-running managers for the offering, reflecting the company's careful and professional approach in selecting financial partners to ensure a smooth issuance process.
- Use of Proceeds: The company intends to use the net proceeds from the offering for property acquisitions, repayment of outstanding debt under its revolving credit facility, and other general corporate purposes, demonstrating its focus on future expansion and financial stability.
- Forward Sale Agreements: The forward sale agreements with underwriters will allow the company to receive proceeds from physical settlements within approximately one year, showcasing its flexibility and foresight in capital operations.
See More
- Offering Size: Getty Realty Corp. announced a public offering of 4 million shares at a gross proceeds of approximately $131 million, expected to close on February 19, 2026, indicating the company's active engagement in capital markets and financing capabilities.
- Underwriter Selection: J.P. Morgan and Wells Fargo Securities have been appointed as the book-running managers for the offering, reflecting the company's strategic considerations in selecting financial partners to ensure a smooth issuance process.
- Use of Proceeds: The company intends to utilize the net proceeds from the offering for property acquisitions, repayment of outstanding debt under its revolving credit facility, and other general corporate purposes, demonstrating its focus on future expansion and financial stability.
- Forward Sale Agreements: The forward sale agreements with underwriters will allow the company to receive proceeds through physical settlement within approximately one year, enhancing its capital liquidity and market adaptability.
See More
- Stock Performance: Getty Realty Corp.'s shares recently surpassed the average analyst 12-month target price of $32.14, trading at $33.02, indicating increased market confidence that may attract more investor attention.
- Analyst Reaction: When a stock reaches an analyst's target price, they typically either downgrade the valuation or raise the target; the current positive performance of Getty Realty may prompt analysts to reassess their targets, influencing future investment decisions.
- Target Price Distribution: Among analysts covered by Zacks, Getty Realty's average target price is $32.14 with a standard deviation of $2.115, reflecting a divergence in analyst opinions, with the lowest target at $29.00 and the highest at $35.00.
- Investor Decision-Making: With the stock price exceeding the target, investors are presented with an opportunity to reassess whether the current price is merely a stop on the way to a higher target or if it has reached an overvalued level, potentially necessitating a reduction in holdings.
See More










