CTO Realty Growth, Inc. (CTO)

NYSE: CTO · IEX Real-Time Price · USD
60.64
+1.55 (2.62%)
Jun 24, 2022 4:00 PM EDT - Market closed
2.62%
Market Cap 365.92M
Revenue (ttm) 72.77M
Net Income (ttm) 18.84M
Shares Out 6.03M
EPS (ttm) 3.20
PE Ratio 18.95
Forward PE 107.53
Dividend $4.20 (6.93%)
Ex-Dividend Date Jun 8, 2022
Volume 54,909
Open 59.38
Previous Close 59.09
Day's Range 59.23 - 60.76
52-Week Range 52.28 - 67.38
Beta 0.55
Analysts Buy
Price Target 72.59 (+19.7%)
Earnings Date Aug 4, 2022

About CTO

CTO Realty Growth, Inc. is a Florida-based publicly traded real estate company, which owns income properties comprised of approximately 2.4 million square feet in diversified markets in the United States and an approximately 23.5% interest in Alpine Income Property Trust, Inc., a publicly traded net lease real estate investment trust (NYSE: PINE). [Read more...]

Industry Real Estate Management & Development
Founded 1902
CEO John Albright
Employees 19
Stock Exchange NYSE
Ticker Symbol CTO
Full Company Profile

Financial Performance

In 2021, CTO's revenue was $70.27 million, an increase of 24.64% compared to the previous year's $56.38 million. Earnings were $29.94 million, a decrease of -61.86%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for CTO stock is "Buy." The 12-month stock price forecast is 72.59, which is an increase of 19.71% from the latest price.

Price Target
$72.59
(19.71% upside)
Analyst Consensus: Buy
Stock Forecasts

News

CTO Realty (CTO) Loses 11.5% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

The heavy selling pressure might have exhausted for CTO Realty (CTO) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in...

CTO Realty (CTO) Is a Great Choice for "Trend" Investors, Here's Why

CTO Realty (CTO) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our ...

CTO Realty Growth Increases Quarterly Dividend by 3.7% and Declares Dividends for the Second Quarter 2022

WINTER PARK, Fla., May 24, 2022 (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 declared ...

This Fast-Growing Net Lease REIT Is Ready for Prime Time

After a period of adjustment, Alpine REIT is finally at a point where it can focus solidly on growth.

Other symbols: PINE

CTO Realty (CTO) Surpasses Q1 FFO and Revenue Estimates

CTO Realty (CTO) delivered FFO and revenue surprises of 38.32% and 0.27%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

CTO Realty Growth Reports First Quarter 2022 Operating Results

WINTER PARK, Fla., April 28, 2022 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced its operating results and earnings for the quarter ended March 31, 2022.

CTO Realty Growth Announces Three-For-One Stock Split

WINTER PARK, Fla., April 27, 2022 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced that its Board of Directors has approved a three-for-one stock split of...

CTO Realty Growth Announces $30.0 Million Preferred Investment in Watters Creek at Montgomery Farm in the Allen Subma...

WINTER PARK, Fla., April 11, 2022 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced it has entered into a preferred equity agreement to provide $30.0 milli...

CTO Realty Growth Announces First Quarter 2022 Earnings Release and Conference Call Information

WINTER PARK, Fla., March 30, 2022 (GLOBE NEWSWIRE) -- CTO Realty Growth (NYSE: CTO) (the “Company”) announced today that it will report its financial and operating results for the first quarter 2022 aft...

CTO Realty Growth Announces Sale of The Carpenter Hotel Ground Lease in Austin, Texas For $17.1 Million

WINTER PARK, Fla., March 14, 2022 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced the closing of the sale of The Carpenter Hotel ground lease located in ...

CTO Realty Growth Announces Acquisition of 205,000 Square Foot Retail Property in Houston, Texas for $39.1 Million

WINTER PARK, Fla., March 03, 2022 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced the acquisition of Price Plaza Shopping Center, a 205,000 square foot m...

CTO Realty Growth Reports Fourth Quarter and Full Year 2021 Operating Results

WINTER PARK, Fla., Feb. 24, 2022 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced its operating results and earnings for the quarter and year ended Decemb...

CTO Realty Growth Increases Quarterly Dividend By 8.0% and Declares Dividends for the First Quarter 2022

WINTER PARK, Fla., Feb. 23, 2022 (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 declared...

Here's Why CTO Realty (CTO) Could be Great Choice for a Bottom Fisher

CTO Realty (CTO) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a tre...

Love Dividends? Buy These 2 REITs

Blackstone Mortgage Trust and CTO Realty Growth both pay out nicely from very different business models.

Other symbols: BXMT

CTO Realty Growth Appoints Chris Drew to its Board of Directors

WINTER PARK, Fla., Jan. 18, 2022 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced the appointment of Christopher J. Drew to its Board of Directors (the “B...

CTO Realty Growth Announces Fourth Quarter 2021 Earnings Release and Conference Call Information

WINTER PARK, Fla., Jan. 07, 2022 (GLOBE NEWSWIRE) -- CTO Realty Growth (NYSE: CTO) (the “Company”) announced today that it will report its financial and operating results for the fourth quarter and full...

CTO Realty Growth Announces Record 2021 Transaction Activity

WINTER PARK, Fla., Jan. 05, 2022 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced its record 2021 acquisition and disposition activities.

CTO Realty Growth Announces Acquisition of a Grocery-Anchored Retail Property in Atlanta, Georgia and Sale of Its Dow...

DAYTONA BEACH, Fla., Dec. 30, 2021 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced it has acquired Phase I of The Exchange at Gwinnett, a grocery-anchore...

CTO Realty Growth Announces Acquisition of a Mixed-Use Property in Santa Fe, New Mexico and Sale of a Single Tenant P...

DAYTONA BEACH, Fla., Dec. 21, 2021 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced the acquisition of a mixed-use property totaling approximately 137,000...

CTO Realty Growth Announces Acquisition in Orlando, Florida and New Corporate Office Location

DAYTONA BEACH, Fla., Dec. 21, 2021 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced the acquisition of a 28,000-square foot property in the Winter Park su...

The Bunny Roared in 2021

The Bunny Portfolio is hopping again. It bounced to a 36.6% return in the past year.

CTO Realty Growth Completes Sale of the Remaining Daytona Beach Land Within Its Land Joint Venture

DAYTONA BEACH, Fla., Dec. 10, 2021 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced the joint venture entity that holds the remaining Daytona Beach land p...

CTO Realty Growth Announces Acquisition of Beaver Creek Crossings in Raleigh, North Carolina for $70.5 Million

DAYTONA BEACH, Fla., Dec. 02, 2021 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced the acquisition of Beaver Creek Crossings, a 320,600 square foot multi...

CTO Realty Growth Declares Quarterly Dividends for the Fourth Quarter 2021

DAYTONA BEACH, Fla., Nov. 29, 2021 (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...