CTO Realty Growth

CTO Realty Growth, Inc. operates as a real estate company. It owns and manages commercial real estate properties. The company was founded in 1910 and is headquartered in Daytona Beach, FL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

CTO Realty Growth Achieves Record Growth in 2022, Eyes Strategic Acquisitions for Future Success

CTO Realty Growth's robust performance in 2022 sets a strong foundation for continued success in 2023. Despite challenges with certain tenants, the company remains focused on maximizing value and pursuing growth opportunities.

CTO Realty Growth excels in Q1 2023 with strategic growth initiatives

CTO Realty Growth's Q1 2023 earnings call highlighted strong performance, strategic investments, and a focus on shareholder value. The company's proactive approach to repositioning properties and utilizing tax-efficient strategies positions them well for future growth and capital optimization.

CTO Realty Growth reports active Q2 investments amidst financial challenges

CTO Realty Growth's Q2 showcased active investment and leasing strategies.
While facing challenges like expense increases and NOI decline, the company maintains a focus on optimizing its portfolio.
Opportunities lie in cost management, strategic investments, and revenue growth.
Overall, CTO Realty Growth aims to navigate short-term challenges for long-term value creation.

CTO Realty Growth excels in Q3, eyes growth amidst challenges

CTO Realty Growth's Q3 performance was marked by strong leasing activity, strategic dispositions, and increased guidance. While challenges persist in the uncertain market environment, the company remains focused on creating long-term value for shareholders and capitalizing on growth opportunities.

CTO Realty Growth excels in Q4 2023, poised for strategic growth

CTO Realty Growth delivered exceptional financial results in Q4 2023, exceeding expectations with significant core FFO and AFFO per share growth. The company's focus on retail properties, successful leasing activities, and strategic investments highlight a robust performance trajectory. While challenges in balancing investment needs and shareholder expectations exist, CTO Realty Growth's opportunities for growth and value creation remain promising.

CTO Realty Growth excels in Q1 2024, eyes growth opportunities

CTO Realty Growth demonstrated robust leasing activity, improved occupancy rates, and strong financial performance in Q1 2024.
The company's proactive leasing strategies and financial maneuvers have enhanced its position in the market.
While facing challenges in debt management and portfolio optimization, CTO Realty Growth is poised to capitalize on growth opportunities.
Investors should take note of the company's positive performance and strategic moves to navigate market challenges and drive future growth.

CTO Realty Growth excels in Q2, eyes expansion amid challenges

CTO Realty Growth's Q2 performance reflects operational excellence, growth potential, and strategic focus on enhancing shareholder value.
While facing challenges from market dynamics, the company's strengths in occupancy rates, asset monetization, and financial guidance position it well for the future.
By capitalizing on opportunities in leasing, investments, and financial management, CTO Realty Growth can navigate challenges and drive sustainable growth.

CTO Realty Growth excels in Q3, eyes growth through acquisitions

CTO Realty Growth delivered a solid quarter with notable achievements across all business segments, showcasing growth in core FFO and leasing activity.
The company's strategic investments, improved leverage, and raised guidance reflect a positive outlook for future performance and expansion.
While challenges exist in a dynamic market environment, CTO Realty Growth's strong performance and focus on high-quality assets position them well for continued success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

CTO Realty Growth, Inc. operates as a real estate company. It owns and manages commercial real estate properties. The company was founded in 1910 and is headquartered in Winter Park, FL.

DAYTONA BEACH, Fla., Oct.  29, 2019  (GLOBE NEWSWIRE) -- Consolidated-Tomoka Land Co. (NYSE American: CTO) (the “Company”) today announced the purchase of an approximately 70,900 square foot income property on 5.29 acres in North Richland Hills, Texas (the “Property”), under a long-term lease to Burlington Stores, Inc., for approximately $11.9 million. The Property is situated within a major retail corridor along Loop 820 near the Northeast Mall, with a three-mile population of approximately 120,000 and approximately 9.3 years remaining on the current lease. The initial investment cap rate was above the mid-point of the range in the Company’s 2019 guidance. This acquisition was purchased using 1031 like-kind exchange proceeds from the Company’s August 2019 sale of a ground lease with Wawa in Winter Park, Florida and a portion of the recently-announced transaction with Magnetar Capital.

Consolidated Tomoka Announces Acquisition of Single-Tenant Property Leased to Burlington in North Richland Hills, Texas for $11.9 Million

DAYTONA BEACH, Fla., Oct.  23, 2019  (GLOBE NEWSWIRE) -- Consolidated-Tomoka Land Co. (NYSE American: CTO) (the “Company” or “CTO”) today announced the creation and planned initial public offering of Alpine Income Property Trust, Inc. (“Alpine” or “PINE”), and CTO’s intention to sell or contribute to Alpine a portfolio of 20 of CTO’s single-tenant net lease income properties (the “IPO Portfolio”).  CTO also announced that its investment strategy will focus on higher return real estate assets, and that the Company will rebrand itself as CTO Realty Growth, Inc.

Consolidated-Tomoka Announces Formation and Planned IPO of New Single-Tenant Net Lease REIT  and Investment Strategy Focused on Higher Return Assets

DAYTONA BEACH, Fla., Oct.  18, 2019  (GLOBE NEWSWIRE) -- Consolidated-Tomoka Land Co. (NYSE American: CTO) (the “Company”) today announced the closing of the sale of its golf operations, consisting of the LPGA International Golf Club, (the “Golf Club”), for total proceeds to the Company of approximately $3.45 million (the “Golf Transaction”). The Company provided the buyer, an affiliate of Fore Golf Services, Inc. (“Fore Golf”), financing in the form of a first mortgage loan (the “Fore Golf Loan”). In addition, the Company paid off its remaining liability to the City of Daytona Beach (the “City”) totaling approximately $540,000, which related to the per round surcharge the Company agreed to pay the City in connection with the Company’s prior buy-out of the land lease with the City. As part of the Golf Transaction, Fore Golf agreed to pay the Company approximately $560,000 in the future based on a per round surcharge of $1.50 per round for each round played at the Golf Club. The Fore Golf Loan has a term of one year.

Consolidated-Tomoka Announces the Sale of its Golf Operations for $3.45 Million

Consolidated-Tomoka Land's (CTO) CEO John Albright on Q3 2019 Results - Earnings Call Transcript

Consolidated-Tomoka (CTO) delivered earnings and revenue surprises of -88.82% and -71.22%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

Consolidated-Tomoka (CTO) Q3 Earnings and Revenues Lag Estimates

DAYTONA BEACH, Fla., Oct.  16, 2019  (GLOBE NEWSWIRE) -- Consolidated-Tomoka Land Co. (NYSE American: CTO) (the “Company”) today announced its operating results and earnings for the quarter and nine months ended September 30, 2019.

Consolidated-Tomoka Land Co. Reports Earnings of $0.31 Per Share for the Third Quarter of 2019

DAYTONA BEACH, Fla., Oct.  16, 2019  (GLOBE NEWSWIRE) -- Consolidated-Tomoka Land Co. (NYSE American: CTO) (the “Company”) today announced the closing of the sale of a controlling interest in a wholly-owned entity that holds the Company’s remaining land portfolio of approximately 5,300 acres (the “Land Venture”), including the land parcels the Company currently has under contract, to certain funds managed by Magnetar Capital (“Magnetar”) for total proceeds to the Company of approximately $97.0 million (the “Land Transaction”). The Company may, in the future, receive additional proceeds from the Land Venture in the form of distributions under certain circumstances, based upon the timing and amount realized when the land is ultimately sold by the Land Venture. There can be no assurance as to the likelihood of receiving such distributions, or the amount or timing thereof.

Consolidated-Tomoka Announces the Sale of  a Controlling Interest in the Company’s Remaining Land Portfolio

Consolidated-Tomoka (CTO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Consolidated-Tomoka (CTO) Earnings Expected to Grow: Should You Buy?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Consolidated-Tomoka (CTO) a Great Value Stock Right Now?

DAYTONA BEACH, Fla., Sept.  19, 2019  (GLOBE NEWSWIRE) -- Consolidated-Tomoka Land Co. (NYSE American: CTO) (the “Company”) today announced that the potential buyer of approximately 1,600 acres of the Company’s land for approximately $27 million has terminated its contract with the Company to acquire the land (the “Terminated Contract”). The 1,600-acre parcel is zoned and entitled for the development of 3,250 residential units and 200,000 square feet of commercial space, which the Company expects is the highest and best use of this large tract of undeveloped land.  The 1,600-acre parcel is directly adjacent to the successful active adult master-planned community, Latitude Margaritaville.

Consolidated Tomoka Announces Termination of Land Contract for Sale of 1,600 Acres for $27 Million

Consolidated-Tomoka Land Co. (CTO) CEO John Albright on Q2 2019 Results - Earnings Call Transcript

Consolidated-Tomoka (CTO) Earnings Expected to Grow: What to Know Ahead of Q2 Release

Consolidated-Tomoka Land Co. (CTO) CEO John Albright on Q1 2019 Results - Earnings Call Transcript

Is Consolidated-Tomoka (CTO) Stock Undervalued Right Now?

Consolidated-Tomoka (CTO) is well positioned to outperform the market, as it exhibits above-average growth in financials.

News for CTO Realty Growth Stock (CTO)