Summary
19.29 0.06(0.31%)09/18/2024
CTO Realty Growth Inc (CTO)
CTO Realty Growth Inc (CTO)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| 0.31 | 2.23 | 0.63 | 11.28 | 16.34 | 15.72 | 28.09 | 5,487.90 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 19.29 | |
| Open | 19.23 | |
| High | 19.47 | |
| Low | 19.19 | |
| Volume | 229,450 | |
| Change | 0.06 | |
| Change % | 0.31 | |
| Avg Volume (20 Days) | 622,162 | |
| Volume/Avg Volume (20 Days) Ratio | 0.37 | |
| 52 Week Range | 15.64 - 20.63 | |
| Price vs 52 Week High | -6.50% | |
| Price vs 52 Week Low | 23.34% | |
| Range | 0.31 | |
| Gap Up/Down | -0.43 | |
Fundamentals | ||
| Market Capitalization (Mln) | 445 | |
| EBIDTA | 35,167,000 | |
| PE Ratio | 2.9253 | |
| PEG Ratio | 0.0000 | |
| WallStreet Target Price | 61.25 | |
| Book Value | 72.9950 | |
| Earnings Per Share | 18.9620 | |
| EPS Estimate Current Quarter | 0.1400 | |
| EPS Estimate Next Quarter | 0.1800 | |
| EPS Estimate Current Year | 3.3700 | |
| EPS Estimate Next Year | 0.4100 | |
| Diluted EPS (TTM) | 18.9620 | |
| Revenues | ||
| Profit Marging | 1.7501 | |
| Operating Marging (TTM) | 0.2638 | |
| Return on asset (TTM) | 0.0148 | |
| Return on equity (TTM) | 0.3008 | |
| Revenue TTM | 61,533,000 | |
| Revenue per share TTM | 10.9490 | |
| Quarterly Revenue Growth (YOY) | 0.1380 | |
| Quarterly Earnings Growth (YOY) | -0.1710 | |
| Gross Profit (TTM) | 41,170,000 | |
| Dividends | ||
| Dividend Share | 4.0000 | |
| Dividend Yield | 0.0723 | |
| Valuations | ||
| Trailing PE | 2.9253 | |
| Forward PE | 109.8901 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 0.7510 | |
| Revenue Enterprise Value | 8.3277 | |
| EBITDA Enterprise Value | 10.4296 | |
| Shares | ||
| Shares Outstanding | 5,962,150 | |
| Shares Float | 5,661,777 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.00 | |
| Insider (%) | 11.09 | |
| Institutions (%) | 60.03 | |
09/16 07:35 EST - zacks.com
Best Income Stocks to Buy for September 16th
DKL, CTO and VRN made it to the Zacks Rank #1 (Strong Buy) income stocks list on September 16, 2024.
Best Income Stocks to Buy for September 16th
DKL, CTO and VRN made it to the Zacks Rank #1 (Strong Buy) income stocks list on September 16, 2024.
09/15 01:09 EST - seekingalpha.com
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 historical range. Fed rate cuts will deliver a huge boost to investor sentiment and the REIT's multiple.
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 historical range. Fed rate cuts will deliver a huge boost to investor sentiment and the REIT's multiple.
09/12 07:00 EST - seekingalpha.com
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 a strong combination of safety, quality, yield, and value with a 6.34% dividend yield and investment-grade credit rating. CTO Realty Growth is transitioning to a shopping center REIT, offering a 7.79% dividend yield and trading at a discounted AFFO multiple.
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 a strong combination of safety, quality, yield, and value with a 6.34% dividend yield and investment-grade credit rating. CTO Realty Growth is transitioning to a shopping center REIT, offering a 7.79% dividend yield and trading at a discounted AFFO multiple.
09/11 12:37 EST - zacks.com
CTO Realty (CTO) Moves 8.4% Higher: Will This Strength Last?
CTO Realty (CTO) witnessed a jump in share price last session on above-average trading volume. The latest trend in FFO estimate revisions for the stock suggests that there could be more strength down the road.
CTO Realty (CTO) Moves 8.4% Higher: Will This Strength Last?
CTO Realty (CTO) witnessed a jump in share price last session on above-average trading volume. The latest trend in FFO estimate revisions for the stock suggests that there could be more strength down the road.
09/09 08:00 EST - seekingalpha.com
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 growth prospects, driven by record-high occupancy rates and strong rental rate spreads. This article examines liquidity, FFO growth, TCFO growth, dividend growth, market cap, share price growth, and volatility to identify the best Shopping Center REITs for the next 2 years.
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 growth prospects, driven by record-high occupancy rates and strong rental rate spreads. This article examines liquidity, FFO growth, TCFO growth, dividend growth, market cap, share price growth, and volatility to identify the best Shopping Center REITs for the next 2 years.
09/09 06:14 EST - seekingalpha.com
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 on high-quality properties in growth markets, with strong economic fundamentals and long-term leases, enhancing stability and income potential. Q2'24 results exceeded expectations, with top line growth driven by new property acquisitions and improving occupancy rates, indicating strong operational performance.
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 on high-quality properties in growth markets, with strong economic fundamentals and long-term leases, enhancing stability and income potential. Q2'24 results exceeded expectations, with top line growth driven by new property acquisitions and improving occupancy rates, indicating strong operational performance.
09/04 13:01 EST - zacks.com
CTO Realty (CTO) Upgraded to Buy: Here's Why
CTO Realty (CTO) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
CTO Realty (CTO) Upgraded to Buy: Here's Why
CTO Realty (CTO) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
08/30 10:14 EST - seekingalpha.com
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 valuable than one-time or cyclical gains. Capital structure changes like debt paydown and share buybacks can enhance AFFO quality by reducing risk and demonstrating management alignment.
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 valuable than one-time or cyclical gains. Capital structure changes like debt paydown and share buybacks can enhance AFFO quality by reducing risk and demonstrating management alignment.
08/25 07:00 EST - seekingalpha.com
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 Broadstone Net Lease. Focus on identifying high-yield small-cap REITs that avoid "sucker yields" and have the potential for long-term shareholder value growth through thorough research. As REITs continue to rally (and rates decline in September), we will continue to provide readers with more actionable ideas like these.
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 Broadstone Net Lease. Focus on identifying high-yield small-cap REITs that avoid "sucker yields" and have the potential for long-term shareholder value growth through thorough research. As REITs continue to rally (and rates decline in September), we will continue to provide readers with more actionable ideas like these.
08/21 06:45 EST - globenewswire.com
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 centers (the “Three Property Portfolio”) for a purchase price of $137.5 million. The Three Property Portfolio consists of Carolina Pavilion in Charlotte, North Carolina; Millenia Crossing in Orlando, Florida; and Lake Brandon Village in Tampa, Florda. Additionally, on August 15, 2024, the Company closed the sale of Jordan Landing located in West Jordan, Utah for $18.0 million.
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 centers (the “Three Property Portfolio”) for a purchase price of $137.5 million. The Three Property Portfolio consists of Carolina Pavilion in Charlotte, North Carolina; Millenia Crossing in Orlando, Florida; and Lake Brandon Village in Tampa, Florda. Additionally, on August 15, 2024, the Company closed the sale of Jordan Landing located in West Jordan, Utah for $18.0 million.
08/20 16:10 EST - globenewswire.com
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 declared, a quarterly cash dividend of $0.38 per share of common stock for the third quarter of 2024 (the “Common Stock Cash Dividend”). The Common Stock Cash Dividend represents an annualized yield of approximately 7.9% based on the closing price of the Company's common stock on August 19, 2024.
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 declared, a quarterly cash dividend of $0.38 per share of common stock for the third quarter of 2024 (the “Common Stock Cash Dividend”). The Common Stock Cash Dividend represents an annualized yield of approximately 7.9% based on the closing price of the Company's common stock on August 19, 2024.
08/17 01:35 EST - seekingalpha.com
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 investment activity outlook are well-received by the market. CTO common and preferred shares are still viewed as attractive, with potential upside to NAV and strong yields, despite risks such as delays in rate cuts and share issuances.
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 investment activity outlook are well-received by the market. CTO common and preferred shares are still viewed as attractive, with potential upside to NAV and strong yields, despite risks such as delays in rate cuts and share issuances.
08/13 06:36 EST - investorplace.com
3 Real Estate Stocks That May Offer Attractive Yields
The top real estate stocks are defying market headwinds with remarkable resilience. Despite mortgage rates soaring to record highs over the past couple of decades, the U.S. real estate market continues to show extraordinary strength.
3 Real Estate Stocks That May Offer Attractive Yields
The top real estate stocks are defying market headwinds with remarkable resilience. Despite mortgage rates soaring to record highs over the past couple of decades, the U.S. real estate market continues to show extraordinary strength.
08/09 15:48 EST - seekingalpha.com
CTO Realty Growth: A Discounted Way To Play The Retail Boom
CTO Realty Growth is a retail REIT with strong leasing prospects, trading at a discounted 11X AFFO multiple and 7.5% dividend yield. Retail real estate is gaining respect as a growth play, leading to potential upside for retail REITs like CTO. CTO's property portfolio and leasing prospects show potential for revenue growth and increased occupancy, with a fair value estimate of $25.50 per share.
CTO Realty Growth: A Discounted Way To Play The Retail Boom
CTO Realty Growth is a retail REIT with strong leasing prospects, trading at a discounted 11X AFFO multiple and 7.5% dividend yield. Retail real estate is gaining respect as a growth play, leading to potential upside for retail REITs like CTO. CTO's property portfolio and leasing prospects show potential for revenue growth and increased occupancy, with a fair value estimate of $25.50 per share.
08/02 08:30 EST - seekingalpha.com
7 Potential Mousetrap REITs - High, Potentially Unsafe Yields
From a fundamental standpoint, this may be a good time to invest in REITs with high yields. It's crucial to avoid mousetrap REITs with high dividend yields that may be unsustainable, as dividend cuts quickly lead to dramatic losses in share value and reduced income. This article lists 22 equity REITs in significant danger of a dividend cut within the next 12 months.
7 Potential Mousetrap REITs - High, Potentially Unsafe Yields
From a fundamental standpoint, this may be a good time to invest in REITs with high yields. It's crucial to avoid mousetrap REITs with high dividend yields that may be unsustainable, as dividend cuts quickly lead to dramatic losses in share value and reduced income. This article lists 22 equity REITs in significant danger of a dividend cut within the next 12 months.
07/30 09:00 EST - seekingalpha.com
CTO Realty Growth: Yields 7.75%, Increased Guidance, Trades At Discount To Book
CTO Realty Growth benefits from high-income earners moving to Sun Belt states with lower tax rates, leading to potential growth opportunities. CTO delivered a strong Q2, beating revenue and FFO estimates, increasing guidance, and positioning well for future investments and profitability. Despite underperforming the market, CTO offers value with a discount to book value, attractive profitability metrics, and a high dividend yield of 7.75%.
CTO Realty Growth: Yields 7.75%, Increased Guidance, Trades At Discount To Book
CTO Realty Growth benefits from high-income earners moving to Sun Belt states with lower tax rates, leading to potential growth opportunities. CTO delivered a strong Q2, beating revenue and FFO estimates, increasing guidance, and positioning well for future investments and profitability. Despite underperforming the market, CTO offers value with a discount to book value, attractive profitability metrics, and a high dividend yield of 7.75%.
07/29 10:43 EST - seekingalpha.com
CTO Realty Growth Series A Preferred: 7.5% Yield Plus Appreciation Potential In Anticipation Of Declining Interest Rates
CTO Realty Growth's focus on retail real estate has led to strong leasing activity and impressive 2Q24 operating results. The company is undergoing a transformation with a $1.2B investment in new retail assets and a $0.7B disposition of non-core assets. CTO.PR.A preferred shares offer a 7.59% yield, potential for capital appreciation, and may benefit from anticipated Fed rate cuts.
CTO Realty Growth Series A Preferred: 7.5% Yield Plus Appreciation Potential In Anticipation Of Declining Interest Rates
CTO Realty Growth's focus on retail real estate has led to strong leasing activity and impressive 2Q24 operating results. The company is undergoing a transformation with a $1.2B investment in new retail assets and a $0.7B disposition of non-core assets. CTO.PR.A preferred shares offer a 7.59% yield, potential for capital appreciation, and may benefit from anticipated Fed rate cuts.
07/28 09:00 EST - seekingalpha.com
Soft Landing Secured
U.S. equity markets posted mixed performance while interest rates dipped to four-month lows as a lukewarm start to corporate earnings season and mixed economic data reinforced Fed rate cut expectations. Another twist in a wild month of politics, President Biden announced that he would not seek reelection, instead endorsing VP Harris, setting the stage for a more competitive November election. The S&P 500 slipped 0.8% on the week as the powerful "value rotation" trade extended into a third-week. The Small-Cap 600 rallied 3.6% while the mega-cap Nasdaq 100 dipped 2.6%.
Soft Landing Secured
U.S. equity markets posted mixed performance while interest rates dipped to four-month lows as a lukewarm start to corporate earnings season and mixed economic data reinforced Fed rate cut expectations. Another twist in a wild month of politics, President Biden announced that he would not seek reelection, instead endorsing VP Harris, setting the stage for a more competitive November election. The S&P 500 slipped 0.8% on the week as the powerful "value rotation" trade extended into a third-week. The Small-Cap 600 rallied 3.6% while the mega-cap Nasdaq 100 dipped 2.6%.
07/26 12:29 EST - seekingalpha.com
CTO Realty Growth, Inc. (CTO) Q2 2024 Earnings Call Transcript
CTO Realty Growth, Inc. (NYSE:CTO ) Q2 2024 Earnings Conference Call July 26, 2024 9:00 AM ET Company Participants John Albright - Chief Executive Officer and President Philip Mays - Senior Vice President, Chief Financial Officer and Treasurer Conference Call Participants R.J. Milligan - Raymond James Gopal Mehta - Alliance Global Partners Rob Stevenson - Janney Montgomery and Scott Matthew Erdner - Jones Trading John Massocca - B.
CTO Realty Growth, Inc. (CTO) Q2 2024 Earnings Call Transcript
CTO Realty Growth, Inc. (NYSE:CTO ) Q2 2024 Earnings Conference Call July 26, 2024 9:00 AM ET Company Participants John Albright - Chief Executive Officer and President Philip Mays - Senior Vice President, Chief Financial Officer and Treasurer Conference Call Participants R.J. Milligan - Raymond James Gopal Mehta - Alliance Global Partners Rob Stevenson - Janney Montgomery and Scott Matthew Erdner - Jones Trading John Massocca - B.
07/25 19:31 EST - zacks.com
CTO Realty (CTO) Q2 FFO and Revenues Surpass Estimates
CTO Realty (CTO) came out with quarterly funds from operations (FFO) of $0.48 per share, beating the Zacks Consensus Estimate of $0.43 per share. This compares to FFO of $0.48 per share a year ago.
CTO Realty (CTO) Q2 FFO and Revenues Surpass Estimates
CTO Realty (CTO) came out with quarterly funds from operations (FFO) of $0.48 per share, beating the Zacks Consensus Estimate of $0.43 per share. This compares to FFO of $0.48 per share a year ago.