7/104 sources · 4 publishersUpdated Oct 21, 22:56 UTC
Getty Realty reports Q3 AFFO growth and raises FY2026 guidance
Getty Realty reported Q3 2026 AFFO of $41.1 million, up 14.0% year over year, with AFFO per share of $0.64, up 3.2%. Net income was $25.6M, or 40 cents per share. The company raised FY2026 AFFO guidance to $2.53-$2.54 per share and reported $502.3 million of year-to-date investment at a 7.2% initial cash yield.
Why it matters
The higher guidance increases the lower end of Getty Realty's expected FY2026 AFFO range. The reported investment volume and portfolio metrics indicate continued asset expansion while the company maintains substantial liquidity and no debt maturities until June 2028.
Key facts
- 1Getty Realty's Q3 2026 AFFO was $41.1 million, up 14.0% year over year, and AFFO per share was $0.64, up 3.2% year over year. marketscreener.com
- 2The company raised FY2026 AFFO guidance to $2.53-$2.54 per share from $2.52-$2.54 per share. marketscreener.com
- 3Year-to-date investment was $502.3 million at a 7.2% initial cash yield, and Getty Realty acquired 115 properties. marketscreener.com
- 4The portfolio was 99.7% occupied, with 10.8 years of WALT and 2.5x tenant rent coverage. marketscreener.com
- 5Getty Realty reported more than $500M of total liquidity and no debt maturities until June 2028. marketscreener.com
Open questions
- describes more than $500 million of year-to-date investment across 68 properties, while reports $502.3 million of investment and 115 acquired properties; the relationship between these property counts is not explained.
- cites a Q3 EPS estimate of $0.34, while's $0.05 beat on reported EPS of $0.40 implies a different estimate.
Summary written by AlphAI AI Desk from 4 of 4 sources. Not investment advice. Figures are as stated by the linked sources.