CTO Realty Growth, Inc. (CTO)
| 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 | 409.89 |
| Dividend | $1.52 (7.81%) |
| Ex-Dividend Date | Sep 12, 2024 |
| Volume | 280,616 |
| Open | 19.53 |
| Previous Close | 19.64 |
| Day's Range | 19.41 - 19.69 |
| 52-Week Range | 16.16 - 21.15 |
| Beta | 0.60 |
| 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]
Financial Performance
Financial StatementsAnalyst 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.
News
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...
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...
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...
Dividend Harvesting Portfolio Week 191: $19,100 Allocated, $1,807.09 In Projected Dividends
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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...
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...
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,...
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...
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...
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...
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...
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...
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 ...
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...
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...
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...
If I Was Retiring In 10-20 Years With 10 REITs - Part 2
Younger investors can afford riskier REITs, but retirees need dependable income sources. Avoid mortgage and lodging REITs due to their volatility and economic sensitivity. Broadstone Net Lease offers ...
Shopping Center REITs Are Hot: Pick A Winner
The current environment is favorable for REITs, with normalized prices, falling Treasury yields, and expected prime rate cuts. Shopping Center REITs offer above-average yields (3.88%) and superior gro...
CTO Realty Growth: Get Paid To Wait For The Valuation Discount To Close
CTO Realty Growth is undervalued due to near-term debt concerns, presenting a buying opportunity as refinancing at favorable rates is likely with dropping interest rates. The REIT's portfolio focuses ...
Assessing Quality Of REIT Earnings
REITs trade on AFFO, but the market often overlooks the quality of AFFO growth, leading to mispricings. AFFO growth sources vary in quality; repeatable sources like rental rate growth are more valuabl...
3 Small Cap REITs With Big Yields
In this article, I will highlight three small cap REITs that are poised to deliver solid total returns from dividends and capital appreciation: CTO Realty Growth, Alpine Income Property Trust, and Bro...
CTO Realty Growth Completes Three Property Portfolio Acquisition and Disposition of Jordan Landing
WINTER PARK, Fla., Aug. 21, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced closing the acquisition of a portfolio of three open-air shopping cent...
CTO Realty Growth Declares Dividends for the Third Quarter 2024
WINTER PARK, Fla., Aug. 20, 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...
CTO Realty Growth: Growth To Resume In H2 2024 (Maintain Buy)
CTO Q2 earnings report shows modest growth and limited investment activity, with a 2% same property NOI growth. Despite a decline in Core FFO and AFFO, management's guidance raise and increased invest...