Getty Realty Corporation (GTY) Stock Price & How to Invest

Getty Realty Corp. is a publicly traded net lease real estate investment trust focused on convenience, automotive, and other single-tenant retail properties. As of the first quarter of 2026 its portfolio spanned roughly 1,190 properties across 45 states plus Washington, D.C., leased to tenants that operate convenience stores, express car washes, automotive service centers, quick-service restaurants, and auto-parts stores under long-term triple-net leases where the tenant covers taxes, insurance, and maintenance. The company has been deliberately diversifying away from its legacy Northeast gas-station roots, growing non-gas properties from under 3% of rent in 2019 to roughly a quarter of rent today while maintaining occupancy near 99%.

The investment picture is that of a stable, income-driven small-cap REIT rather than a fast grower. Revenue and AFFO per share compound in the mid-single digits, funded by contractual rent bumps plus an acquisition pipeline financed through a mix of equity and debt. The stock is valued at a discount to larger net lease peers and carries a mid-to-high single-digit dividend yield, which is the primary reason investors look at it. The trade-offs are interest-rate sensitivity common to all REITs, tenant concentration in fuel and automotive retail, and a modest size that limits scale advantages versus giants like Realty Income.

As a REIT, Getty is sensitive to interest rates, which raise borrowing costs and pressure property valuations and the stock. Its tenants are concentrated in fuel, convenience, and automotive retail, so a secular decline in gasoline demand or stress among a few large operators could hurt rent collection. Growth depends on continued access to reasonably priced equity and debt to fund acquisitions, and a higher cost of capital would slow accretive deals. The company is small relative to peers, giving it less diversification and scale. Its dividend payout ratio is high, typical for a net lease REIT, leaving limited margin if cash flow weakens.

7 analysts publish price targets on GTY, averaging $36.43 against a $34.14 price as of August 2026, or +6.7%. The published targets run from $33.00 to $39.00, a narrow spread, and the ratings split 3 buy, 5 hold, 0 sell. Over the last six months there have been 6 raises and 0 cuts among the published actions. A price target is what an analyst published on a date, not a prediction, and sell-side ratings skew positive across the whole market.

Read the full GTY forecast and price target for the target table, the recent rating actions by firm, and how the consensus has shifted.

We give no verdict on Getty Realty Corporation. Both cases are real, which is why the question is contested at all, so here is the strongest version of each.

The case for buying. Acquisition-led external growth. Getty grows mainly by buying convenience and automotive-retail real estate and leasing it back under long-term net leases. The most optimistic published target, $39.00, assumes this works close to its best case.

The case against. As a REIT, Getty is sensitive to interest rates, which raise borrowing costs and pressure property valuations and the stock. The most pessimistic target, $33.00, is roughly what GTY is worth if this bites instead.

Read the full bull and bear case on GTY, including what would have to change to break either one. Walnut is not an investment adviser.

A simple financial snapshot. These are approximations and refresh quarterly; for current figures see Getty Realty Corporation's investor relations page or your broker.

• Revenue (TTM): ~$225M
• AFFO per share (2026 guide): ~$2.50 to $2.52
• FFO per share (2025): ~$2.34
• Net income (TTM): ~$90M
• Market cap: ~$2.0B
• Dividend yield: ~5.8%
• Forward P/FFO: ~12.6x

Getty trades at a discount to larger net lease REITs, at roughly 12 to 13 times forward FFO, which is the main reason value and income investors follow it. First-quarter 2026 rental revenue rose to about $57 million and AFFO per share grew nearly 7% year over year, prompting a modest guidance raise. The mid-to-high single-digit dividend yield reflects both the payout and the market's caution on a small, fuel-and-automotive-concentrated REIT.

Other names that sit close to GTY: same theme, named as a direct competitor, or held beside it in the same funds. Each entry says which. Worth a look if you are thinking about diversification within a thesis rather than concentration on one ticker.

There are three common ways to get GTY exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it, which spreads the position across many companies. Or build it into a focused thematic portfolio, so GTY sits alongside other stocks that express the same thesis.

Walnut takes the portfolio route. Describe a thesis where GTY fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.

New to this? Start with how to invest in stocks, see how to analyze a stock with AI, or compare the best AI stock analyzers.

GTY is a niche, income-oriented net lease REIT whose appeal rests on a high dividend, high occupancy, and a slow shift beyond gas stations into broader convenience and automotive retail.

Whether GTY is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, what would have to go right, and the risks in is GTY a buy or a sell?, and where the stock could go from here in the GTY stock forecast.

For income investors, whether GTY pays a dividend and how the payout looks is covered in does GTY pay a dividend? And to weigh GTY against a peer, read the full side-by-side comparisons: GTY vs O and GTY vs NNN.