Getty Realty Corp. provided a business update highlighting record year-to-date investment activity of over $500 million, which drove strong third-quarter 2026 earnings growth. As a result, the company has increased its full-year 2026 AFFO per share guidance.
Key Details
- Investment Activity: Invested $502.3 million year-to-date at a 7.2% initial cash yield, acquiring 115 properties including convenience stores, auto service centers, and QSRs.
- Q3 2026 Performance: Reported Q3 2026 Adjusted Funds From Operations (AFFO) of $41.1 million, a 14.0% year-over-year increase. AFFO per share grew 3.2% to $0.64.
- Updated 2026 Guidance: Increased its full-year 2026 AFFO guidance to a range of $2.53 - $2.54 per share from the previous range of $2.52 - $2.54 per share.
- Liquidity & Pipeline: The company maintains over $500 million in total liquidity and has more than $75 million of investments currently under contract.