StockWatch
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Real Estate
Quarterly ResultJul 22, 2026, 04:08 PM

Getty Realty Raises 2026 AFFO Guidance; Q2 AFFO $0.62/Share

AI Summary

Getty Realty Corp. announced strong financial and operating results for Q2 2026, with Adjusted Funds From Operations (AFFO) per share increasing 5% year-over-year to $0.62. The company also raised its full-year 2026 AFFO guidance to a range of $2.52 to $2.54 per diluted share. Getty Realty invested $128.3 million in 42 properties during the quarter and has a robust investment pipeline of over $95.0 million.

Key Highlights

  • Increased 2026 AFFO guidance to $2.52-$2.54 per diluted share from $2.50-$2.52.
  • Q2 2026 Adjusted Funds From Operations (AFFO) was $0.62 per share, up 5% YoY.
  • Q2 2026 Funds From Operations (FFO) was $0.59 per share, up from $0.49 in Q2 2025.
  • Q2 2026 Net earnings were $0.36 per share, up from $0.24 in Q2 2025.
  • Invested $128.3 million across 42 properties in Q2 2026 at a 7.4% initial cash yield.
  • Year-to-date investment activity totaled $172.1 million at a 7.6% initial cash yield.
  • Committed investment pipeline of over $95.0 million for 30 properties as of July 22, 2026.
  • Revenues from rental properties grew to $58.55 million in Q2 2026 from $52.72 million in Q2 2025.