
Getty Realty (GTY) Stock Forecast & Price Target
Getty Realty (GTY) Analyst Ratings
Bulls say
Getty Realty is a net lease real estate investment trust that specializes in acquiring, financing, and developing convenience, automotive, and other single-tenant retail real estate properties. The recent ~$261M sale leaseback with C-Store operator Refuel is viewed as a positive move for the company as it diversifies its portfolio and strengthens its relationship with an existing tenant. The company's investment volumes have been consistently increasing, driven by an expanded deal team and efficiencies in its acquisition platform. Additionally, GTY's focus on sustainability and environmental responsibility adds to its long-term investment appeal.
Bears say
Getty Realty is expected to have solid growth in the near future due to its diversified portfolio and its direct sourcing acquisition model that drives more sale-leaseback activity. However, the decrease in cap rate and potential increase in cost of capital could negatively impact the company's investment spread. Moreover, the company's high concentration in certain sectors and tenants could pose a risk to its portfolio. Finally, the general economic trends and credit risk also pose potential threats to the company's future performance.
This aggregate rating is based on analysts' research of Getty Realty and is not a guaranteed prediction by Public.com or investment advice.
Getty Realty (GTY) Analyst Forecast & Price Prediction
Start investing in Getty Realty (GTY)
Order type
Buy in
Order amount
Est. shares
0 shares