GTY stock trades at USD 28.39 after a USD 260.9 million deal

Published on 09/28/2026 at 20:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Getty Realty stock traded at USD 28.39 on September 28, 2026, as a USD 260.9 million acquisition expanded its convenience-store portfolio. Q2 revenue rose 10.9 percent year over year to USD 59.05 million.

GTY, US3742971092, Illustration mit AI erstellt.

Getty Realty stock (ISIN US3742971092) was trading at USD 28.39 on the NYSE at 2:08 p.m. ET on September 28, 2026, down 0.92 percent from the prior close of USD 28.66. The latest catalyst is a USD 260.9 million sale leaseback that adds 41 convenience stores to Getty Realty's portfolio.

Refuel deal adds 41 stores

According to GlobeNewswire on September 22, 2026, Getty acquired the properties from Refuel Operating Company and entered four unitary net leases with initial terms of 20 years. Rent increases are scheduled every five years.

The transaction also changes Getty's tenant mix. The company said Refuel will represent 7.7 percent of annualized base rent and become its third-largest tenant after the deal and other investment activity completed after June 30, 2026, according to GlobeNewswire.

Revenue growth meets an earnings miss

Getty Realty reported second-quarter 2026 revenue of USD 59.05 million, up 10.9 percent from the same quarter a year earlier, while diluted EPS was USD 0.36. MarketBeat reported that EPS missed the USD 0.37 consensus estimate by USD 0.01, while revenue exceeded the USD 58.45 million estimate by USD 0.60 million.

The contrast matters for investors: operating expansion is visible in the revenue comparison, but the USD 0.36 quarterly EPS result leaves execution and financing costs central to the next update. Getty's year-to-date investment activity reached USD 455.2 million at a 7.1 percent initial cash yield, and the company cited a committed pipeline exceeding USD 125.0 million with average initial cash yields of 7.8 percent in its September 22 release.

Analysts set targets above the quote

Citizens reiterated a Market Outperform rating and a USD 39.00 price target after the acquisition announcement, according to Investing.com on September 23, 2026. MarketBeat also reported a KeyCorp Overweight rating with a USD 36.00 target on September 24, 2026, while its consensus target was USD 35.75.

At USD 28.39, the stock was 22.92 percent below its 52-week high of USD 36.83 and 11.82 percent above its 52-week low of USD 25.39 on September 28, 2026. The market capitalization was USD 1.8 billion and volume was 175,842 shares at the same time.

October brings the next report

Getty Realty will release third-quarter 2026 results after the market closes on October 21, 2026, and host its earnings call on October 22 at 8:30 a.m. ET, according to GlobeNewswire.