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.

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

Armada Hoffler Properties

Brandywine Realty

Broadstone Net Lease

Douglas Emmett

EPR Properties

Global Medical REIT

Highwoods Properties

Hudson Pacific Properties

Innovative Industrial Properties

LTC Properties

Medical Properties Trust

National Health Investors

Omega Healthcare Investors

OUTFRONT Media

Sabra Health Care

SL Green Realty

Simon Property Group

Spirit Realty Capital

Uniti Group

Income-seeking investors are looking at an opportunity to scoop up shares of real estate investment trusts. Stocks in that asset class have become more attractive as prices have fallen and cash flow is improving.

20 dividend stocks with high yields that have become more attractive right now

WINTER PARK, Fla., Nov. 22, 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 a quarterly cash dividend of $0.38 per share of common stock for the fourth quarter of 2022 (the “Common Stock Cash Dividend”).

CTO Realty Growth Declares Dividends For the Fourth Quarter 2022

CTO Realty Growth, Inc. recently announced the acquisition of West Broad Village property. I am estimating CTO Realty Growth's full-year dividend can be $3.00 per share, representing a dividend yield of 15.10% at the current share price levels.

CTO Realty: Retirees, Buy This Stock For Strong Dividend Yield

HANGZHOU, China--( BUSINESS WIRE )--Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has once again excelled in its mission of supporting the group's 11.11 Global Shopping Festival, thanks to its high-performance computing and innovative technology. Drawing on self-developed infrastructure upgrades, the group saw an 8% year-on-year saving in computing cost per resource unit from April 1 to November 11.

A More Efficient, Innovative and Greener 11.11 Runs Wholly on Alibaba Cloud

Arch Resources

Boise Cascade

Berry Petroleum Corp.

Crown Crafts

Coterra Energy

Devon Energy

Diamondback Energy

OneMain Hld

The platform's dividend score combines both a company's dividend yield and growth to generate a score out of 100 based on its ranking against peer companies on the screen.

Fintel's Top 10 U.S. Dividend Stocks For November

CTO Realty Growth, Inc. (NYSE:CTO ) Q3 2022 Earnings Conference Call October 28, 2022 9:00 AM ET Company Participants Matt Partridge - Chief Financial Officer John Albright - Chief Executive Officer & President Conference Call Participants Gaurav Mehta - EF Hutton Rob Stevenson - Janney Montgomery Scott Matthew Erdner - JonesTrading Craig Kucera - B. Riley Securities Michael Gorman - BTIG Operator Good day and thank you for standing by.

CTO Realty Growth, Inc. (CTO) Q3 2022 Earnings Call Transcript

WINTER PARK, Fla., Oct. 27, 2022 (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, 2022.

CTO Realty Growth Reports Third Quarter 2022 Operating Results

CTO Realty Growth's (CTO) Q3 results are likely to reflect the benefits of the company's efforts to leverage the healthy fundamentals of the retail real estate market, backed by strong demand.

What's in Store for CTO Realty Growth (CTO) in Q3 Earnings?

CTO is a fast-growing small-cap REIT that has differentiated itself through asset-level value creation from the bottom up. It continues to find attractive investment opportunities in the current market.

CTO Realty Growth: A Fast-Growing 7.6% Yield Not To Miss

WINTER PARK, Fla., Oct. 17, 2022 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced it has acquired West Broad Village, a 392,000 square foot mixed-use, grocery-anchored lifestyle property in the Short Pump submarket of Richmond, Virginia (the “Property”) for a purchase price of $93.9 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 Mixed-Use, Grocery-Anchored Lifestyle Property in Richmond, Virginia for $93.9 Million

Iron Mountain

The stock market has been going up and down like a roller coaster. This setup has created a terrific opportunity to own some of the most attractive names with very juicy dividends.

5 High-Yielding REITs Raining Dividends

CTO Realty Growth provides a unique business model with income diversification at its core. The REIT's investment in Alpine could be key as it benefits from a broad revenue mix while de-risking its balance sheet risk.

CTO Realty: Its Integrated Business Model Could Do The Trick

Camden Property

Should investors be paying attention to these REIT stocks as a hedge against the market's uncertainty?

Which Stocks To Buy Now? 3 REIT Stocks To Watch

WINTER PARK, Fla., Sept. 26, 2022 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced the closing of the sale of three properties located in Jacksonville, Florida for a combined sales price $34.9 million, representing a weighted average exit cap rate of 6.1% and an estimated aggregate gain of $3.9 million. The properties sold include two single tenant retail properties leased to Firebirds Wood Fired Grill and Chuy's, and 245 Riverside, the Company's sole remaining multi-tenant office property.

CTO Realty Growth Announces Sale of Three Properties in Jacksonville, Florida For $34.9 Million

WINTER PARK, Fla., Sept. 23, 2022 (GLOBE NEWSWIRE) -- CTO Realty Growth (NYSE: CTO) (the “Company”) announced today that it will report its financial and operating results for the third quarter 2022 after the market closes on Thursday, October 27, 2022. A conference call to discuss its financial and operating results is scheduled for Friday, October 28, 2022 at 9:00 AM ET.

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

Global Self Storage

STORE Capital

Real estate comes in many forms and can offer a hedge against inflation, with the benefit of inflation beating income streams. REITs, warehouses, and residential and commercial real estate offer portfolio diversification. Downturn or not, historically, certain real estate stocks have proven to be a top-performing sector over the long-term.

3 High Yield REITs That Are Beating The Market And The Fed

The company is focused on high-quality, grocery-anchored properties, which are considered defensive, despite their general correlation with the general economic performance. The company also has some non-income generating assets, such as surface oil and mineral rights, among others, which are sold from time to time to fuel FFO growth.

News for CTO Realty Growth Stock (CTO)