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

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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.

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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.

CTO Realty Growth has a "roll up its sleeves" approach toward value creation. While it does have some near-term issues to work through, they appear to already be baked into the share price.

CTO Realty Growth: 2 Ways To Score Hefty 8-9% Yields

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WINTER PARK, Fla., March 27, 2023 (GLOBE NEWSWIRE) -- CTO Realty Growth (NYSE: CTO) (the “Company”) announced today that it will report its financial and operating results for the first quarter of 2023 after the market closes on Thursday, April 27, 2023. A conference call to discuss its financial and operating results is scheduled for Friday, April 28, 2023 at 9:00 AM ET.

CTO Realty Growth Announces First Quarter 2023 Earnings Release and Conference Call Information

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does CTO Realty (CTO) have what it takes?

Why CTO Realty (CTO) is a Great Dividend Stock Right Now

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CTO Realty sports a comparatively high 4% short interest as bears bet on a near-term dividend cut. The 8.4% yield is not backed by a healthy payout ratio from recent earnings but the forecasted fiscal 2023 FFO will bring more safety.

CTO Realty: It Might Be A Sucker Yield

WINTER PARK, Fla., March 07, 2023 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today provided an update on its recent operating and transaction activities:

CTO Realty Growth Provides First Quarter 2023 Operating Update and Publishes Updated Investor Presentation

CTO Realty Growth is a quality retail REIT, owning grocery-anchored and mixed use properties and paying a very nice dividend yield. The company is facing some temporary troubles, which will affect their FFO growth and, possibly, their current dividend.

CTO Realty Growth: A Temporary Pause In An Otherwise Brilliant Course

CTO Realty (CTO) Could Be a Great Choice

CTO Realty Growth, Inc. (NYSE:CTO ) Q4 2022 Earnings Conference Call February 24, 2023 9:00 AM ET Company Participants Matt Partridge - Chief Financial Officer John Albright - Chief Executive Officer & President Conference Call Participants Gaurav Mehta - EF Hutton Group Rob Stevenson - Janney Floris van Dijkum - Compass Point Matthew Erdner - JonesTrading Michael Gorman - BTIG Operator Thank you for standing by, and welcome to the CTO Realty Growth Fourth Quarter and Year-End 2022 Operating Results Conference Call. At this time, all participants are in a listen-only mode.

CTO Realty Growth, Inc. (CTO) Q4 2022 Earnings Call Transcript

CTO Realty (CTO) delivered FFO and revenue surprises of -21.28% and 2.82%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

CTO Realty (CTO) Q4 FFO Lag Estimates

WINTER PARK, Fla., Feb. 23, 2023 (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 December 31, 2022.

CTO Realty Growth Reports Full Year and Fourth Quarter 2022 Operating Results

WINTER PARK, Fla., Feb. 22, 2023 (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 first quarter of 2023 (the “Common Stock Cash Dividend”).

CTO Realty Growth Declares Dividends For the First Quarter 2023

CTO Realty Growth is transitioning its portfolio to higher quality grocery-anchored and mixed-use properties. It's seeing healthy tenant demand and robust same property NOI growth.

8%-Yielding CTO Realty: Solid Bargain At Current Levels

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Certificates of deposit are now yielding close to 5% at some of the most well-known online banks. That means investors focused solely on income yield will likely have to take on more and more risk to justify their equity investments.

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WINTER PARK, Fla., Jan. 12, 2023 (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 year 2022 after the market closes on Thursday, February 23, 2023. A conference call to discuss its financial and operating results is scheduled for Friday, February 24, 2023 at 9:00 AM ET.

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

WINTER PARK, Fla., Jan. 04, 2023 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced its record 2022 acquisition and disposition activities and provided a corporate update.

CTO Realty Growth and Announces Record 2022 Transaction Activity and Provides Corporate Update

WINTER PARK, Fla., Dec. 30, 2022 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced it has acquired The Collection at Forsyth, a 560,000 square foot lifestyle, mixed-use property in the Forsyth County submarket of Atlanta, Georgia (the “Property”) for a purchase price of $96.0 million. The purchase price represents a going-in cap rate above the range of the Company's current guidance for initial cash yields.

CTO Realty Growth Announces Acquisition of The Collection At Forsyth in Atlanta, Georgia for $96.0 Million

CTO Realty's focus on grocery-anchored properties has helped build an 8.4% cash dividend yield. The company has been extremely aggressive on acquisitions and disposals, a trend set to continue next year.

CTO Realty Growth: A Grocery-Anchored 8.4% Yield

CTO dipped significantly on a share issuance. Over time this issuance is roughly neutral to AFFO/share.

Trading Opportunity With CTO Realty Growth

WINTER PARK, Fla., Dec. 05, 2022 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company”) today announced that it has closed its previously announced underwritten public offering of 3,450,000 shares of common stock, which includes the full exercise of the underwriters' option to purchase additional shares, at a price to the public of $19.00 per share. Total gross proceeds to the Company from the offering, before deducting underwriting discounts and commissions and other offering expenses, were approximately $65.6 million.

CTO Realty Growth Announces Closing of Public Offering of Common Stock and Full Exercise of Underwriters' Option to Purchase Additional Shares

CTO is an excellent buy with a 7.8% forward dividend yield, made somewhat speculative due to the slight baked-in premium valuations. With a remarkable YTD increase of 21.5% in its same-store NOI, average lease term of 6.5 years, and 94.4% occupancy rate, CTO remains well-positioned through the uncertain 2023.

CTO Realty: Slight Overvaluation Warrants Closer Monitoring Through 2023

WINTER PARK, Fla., Dec. 01, 2022 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company”) today announced that it has priced an upsized underwritten public offering of 3,000,000 shares of its common stock at a price to the public of $19.00 per share. The Company has granted the underwriters a 30-day option to purchase up to an additional 450,000 shares of its common stock. The offering is expected to close on December 5, 2022, subject to customary closing conditions. Total estimated gross proceeds of the offering are approximately $57 million or approximately $66 million if the underwriters exercise their option to purchase additional shares in full.

CTO Realty Growth Announces Pricing of Upsized Public Offering of Common Stock

WINTER PARK, Fla., Nov. 30, 2022 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company”) today announced that it has commenced an underwritten public offering of 2,500,000 shares of its common stock. The Company expects to grant the underwriters a 30-day option to purchase up to an additional 375,000 shares of its common stock.

CTO Realty Growth Announces Public Offering of Common Stock

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News for CTO Realty Growth Stock (CTO)