Quarterly UpdatesJul 22, 2026, 04:52 PM
Getty Realty Raises FY2026 AFFO Guidance to $2.52-$2.54
AI Summary
Getty Realty Corp. announced an updated corporate presentation, highlighting strong momentum into the second half of 2026. The company increased its FY2026 Adjusted Funds From Operations (AFFO) guidance to $2.52-$2.54 per share. This update follows a 5.1% increase in Q2 2026 AFFO per share to $0.62 and a 5.0% increase in YTD AFFO per share to $1.25. The company also reported significant investment activity, a highly occupied portfolio, and a strong balance sheet.
Key Highlights
- Raised FY2026 AFFO guidance to $2.52-$2.54 per share.
- Q2 2026 AFFO per share increased 5.1% to $0.62.
- YTD AFFO per share increased 5.0% to $1.25.
- Invested $172.1 million year-to-date at 7.6% initial cash yield.
- Portfolio 99.8% occupied with 10.3 years weighted average lease term.
- Net debt to EBITDA at 5.3x, with over $570 million total liquidity.
Price Impact
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