CTO Realty Growth, Inc. (CTO)

NYSE: CTO · Real-Time Price · USD
19.47
+0.05 (0.26%)
Dec 20, 2024, 4:00 PM EST - Market closed
0.26%
Market Cap 583.64M
Revenue (ttm) 118.66M
Net Income (ttm) 14.17M
Shares Out 29.98M
EPS (ttm) 0.61
PE Ratio 32.14
Forward PE n/a
Dividend $1.52 (7.81%)
Ex-Dividend Date Dec 12, 2024
Volume 2,454,637
Open 19.21
Previous Close 19.42
Day's Range 19.16 - 19.90
52-Week Range 16.16 - 21.15
Beta 0.62
Analysts Strong Buy
Price Target 21.50 (+10.43%)
Earnings Date Oct 24, 2024

About CTO

CTO Realty Growth, Inc. is a publicly traded real estate investment trust that owns and operates a portfolio of high-quality, retail-based properties located primarily in higher growth markets in the United States. CTO also externally manages and owns a meaningful interest in Alpine Income Property Trust, Inc. (NYSE: PINE), a publicly traded net lease REIT. [Read more]

Sector Real Estate
Founded 1902
Employees 33
Stock Exchange NYSE
Ticker Symbol CTO
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for CTO stock is "Strong Buy." The 12-month stock price forecast is $21.5, which is an increase of 10.43% from the latest price.

Price Target
$21.5
(10.43% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

3 Big Dividends Backed By High-Quality Assets

Avoid private equity and REITs offering unsustainable high yields; they often rely on risky investments or leverage, leading to potential capital destruction. We prefer to look at the cashflows first ...

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5 days ago - Seeking Alpha

KBW Announces Index Rebalancing for Fourth-Quarter 2024

NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel F...

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8 days ago - GlobeNewsWire

The Real Value Of CTO Realty Growth Is In Its Series A Preferred Stock

CTO Realty Growth offers a 7.44% dividend yield on the common stock, but preferred stock CTO.PR.A provides safer, cumulative dividends at a 6.83% yield. Preferred stockholders have priority over commo...

11 days ago - Seeking Alpha

CTO Realty: Long Growth Runway And Valuation Make Them A Buy

CTO Realty Growth presents a compelling buy opportunity with a forward P/AFFO multiple of 10.34x, well below the sector median of 17.04x. The REIT's strong growth potential is supported by strategic a...

15 days ago - Seeking Alpha

High Yield And Resilience: 2 Of My Favorite Dividend Stocks For What's Next

In today's uncertain market, it's vital to find stocks that can provide both income and stability. These picks offer the best of both worlds. I've selected two dividend stocks that are built to thrive...

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17 days ago - Seeking Alpha

CTO Realty Growth: A Safe 7.6% Dividend Yield, I Bought More

CTO Realty Growth has expanded its gross leasable space by a material pace since the start of 2024. The REIT is paying out a 7.6% common dividend yield that is at least 164% covered by free cash flow....

21 days ago - Seeking Alpha

Dividend Harvesting Portfolio Week 195: $19,500 Allocated, $1,863.26 In Projected Dividends

The Dividend Harvesting Portfolio reached an all-time high, with a 27.82% return on invested capital and forward dividend income of $1,863.23. I remain bullish on the market, expecting a strong 2025, ...

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23 days ago - Seeking Alpha

CTO Realty Growth: Exceeding A 7.5% Yield And Still Impressing Me

CTO Realty Growth has appreciated 14.31% YTD, focusing on quality over quantity in high-growth markets like Florida and Georgia, benefiting from population migration trends. Q3 earnings beat estimates...

26 days ago - Seeking Alpha

CTO Realty Growth Declares Dividends for the Fourth Quarter 2024

WINTER PARK, Fla., Nov. 19, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) announced today that its Board of Directors has authorized, and the Company has declar...

4 weeks ago - GlobeNewsWire

CTO Realty Growth: Strong Q3 Performance With Robust Dividend Yield

CTO Realty Growth, Inc. has been expanding aggressively since 2019, achieving robust revenue and net income growth, making it an excellent choice for real estate diversification. CTO's third quarter 2...

5 weeks ago - Seeking Alpha

It Is SNOing In November For REITs

Real estate activity is rebounding as macroeconomic uncertainties clear, with significant leasing volume in data centers and retail sectors, leading to future revenue visibility. SNO leases in data ce...

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6 weeks ago - Seeking Alpha

Dividend Harvesting Portfolio Week 191: $19,100 Allocated, $1,807.09 In Projected Dividends

Earning season is crucial, with big tech companies like Microsoft, Apple, Meta, Alphabet, and Amazon reporting, potentially driving the market higher. The Dividend Harvesting Portfolio saw a healthy r...

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7 weeks ago - Seeking Alpha

Top 5 REITs: Trick Or TREIT!

The Federal Reserve's recent 50 bps rate cut and projected future cuts in 2024 signal a potential favorable shift for the REITs sectors. The latest JOLTS Report fell short of expectations. September j...

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7 weeks ago - Seeking Alpha

These REITs Trade At Discounts, But Should They?

There are substantial valuation gaps among REIT sectors, with some justified by fundamentals and others representing mispricing, providing investment opportunities in undervalued sectors. Hotels and o...

7 weeks ago - Seeking Alpha

CTO Realty Growth, Inc. (CTO) Q3 2024 Earnings Call Transcript

CTO Realty Growth, Inc. (NYSE:CTO) Q3 2024 Earnings Conference Call October 25, 2024 9:00 AM ET Company Participants John Albright - President & Chief Executive Officer Phil Mays - Senior Vice Presid...

2 months ago - Seeking Alpha

CTO Realty Growth Reports Third Quarter 2024 Operating Results

WINTER PARK, Fla., Oct. 24, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced its operating results and earnings for the quarter ended September 30,...

2 months ago - GlobeNewsWire

CTO Realty Growth: Cheaply Valued With High Dividend Yield And Growth Potential

CTO Realty Growth pays a high dividend yield and is ideally located in some of the fastest-growing regions in the U.S. The company's diversified portfolio and proactive management have positioned it w...

2 months ago - Seeking Alpha

Trick Or Treat: 3 High-Yielding REITs

Armada Hoffler Properties is a high-risk, high-reward REIT with a 7.28% dividend yield, focusing on mixed-use ecosystems in Mid-Atlantic markets. Broadstone Net Lease offers stability with a diversifi...

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2 months ago - Seeking Alpha

Retail Therapy For Your Portfolio: CTO Realty's 8.1% Yield Packs A Punch

CTO Realty Growth, Inc. offers an 8.1% dividend yield, attractive valuation, and potential for capital gains, making it appealing for income-focused investors. The company benefits from strong occupan...

2 months ago - Seeking Alpha

CTO Realty Growth Provides 2024 Business Update

- Closed $274 Million in Investments Year-To-Date - - Raised $126 Million Under ATM Program in Third Quarter - - Closed $100 Million Unsecured Term Loan - WINTER PARK, Fla., Sept. 30, 2024 (GLOBE NEWS...

2 months ago - GlobeNewsWire

3 REITs Best Positioned To Benefit From Cheaper Debt

BSR REIT, Global Medical REIT, and CTO Realty have strong fundamentals, substantial variable rate debt, and deeply discounted trading multiples. Market fears of refinancing at higher rates have led to...

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3 months ago - Seeking Alpha

Dividend Harvesting Portfolio Week 186: $18,600 Allocated, $1,735.68 In Projected Dividends

The Fed has initiated a rate-cutting cycle, reducing rates by 50 bps, with potential further cuts in November, setting a positive market outlook. The Dividend Harvesting Portfolio reached an all-time ...

Other symbols: MOPTY
3 months ago - Seeking Alpha

CTO Realty Growth Announces Third Quarter 2024 Earnings Release and Conference Call Information

WINTER PARK, Fla., Sept. 25, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth (NYSE: CTO) (the “Company”) announced today that it will report its financial and operating results for the third quarter of 202...

3 months ago - GlobeNewsWire

Dividend Harvesting Portfolio Week 185: $18,500 Allocated, $1,726.55 In Projected Dividends

The Dividend Harvesting Portfolio rebounded sharply, achieving a 23.32% ROI and generating $1,726.55 in forward dividend income, benefiting from anticipated rate cuts. Added to positions in Ford, Brit...

Other symbols: AIPIENBKMIMOOQQQISLG
3 months ago - Seeking Alpha

CTO Realty Growth: I'm Buying The Commons For The 8% Dividend Yield

CTO Realty Growth has kept its quarterly dividend stable and currently offers a fully covered 8% dividend yield. The retail REIT is trading at a price-to-free cash flow multiple of 9.71x, below its hi...

3 months ago - Seeking Alpha