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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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.

WINTER PARK, Fla., Sept. 21, 2022 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced that it has successfully amended its senior unsecured revolving Credit Facility. The amended Credit Facility was increased to $565 million and is comprised of a $300 million unsecured revolving credit facility (the “Revolver”), a new $100 million unsecured term loan (the “2028 Term Loan”), and the Company's existing $165 million of unsecured term loans (altogether, the “Credit Facility”). The Credit Facility includes accordion options that allow the Company to request additional Revolver lender commitments up to a total of $750 million and additional term loan lender commitments up to a total of $500 million.

CTO Realty Growth Announces $565 Million Credit Facility

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WINTER PARK, Fla., Sept. 12, 2022 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today provided an update on recent corporate and transactional activities:

CTO Realty Growth Provides Corporate and Transactional Update

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 Top Dividend Stock for Your Portfolio

Here is how CTO Realty (CTO) and CVB Financial (CVBF) have performed compared to their sector so far this year.

Has CTO Realty Growth (CTO) Outpaced Other Finance Stocks This Year?

CTO Realty (CTO) is a Top Dividend Stock Right Now: Should You Buy?

WINTER PARK, Fla., Aug. 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 third quarter of 2022 (the “Common Stock Cash Dividend”), which represents a 1.8% increase as compared to the Company's previous quarterly cash dividend of $0.37333 per share of common stock. The Common Stock Cash Dividend is being increased to account for the Company's strong year-to-date cash flow growth and the need to distribute a certain amount of taxable income to maintain its REIT tax status.

CTO Realty Growth Increases Quarterly Dividend By 1.8% and Declares Dividends For the Third Quarter 2022

CTO Realty has a long operating history but is a newly formed REIT that recently completed a 3 for 1 stock split. The company owns 22 properties in the Sunbelt region of the United States. In addition, they have an interest in Alpine Income Property Trust, another publicly traded REIT.

CTO Realty: A Small Portfolio In All The Right Locations

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After I graduated from college, I contemplated getting my MBA, but I opted to join the workforce instead. I wanted to gain experience so that I could one day become a large landlord, owning office buildings, warehouses, and shopping centers.

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This is Why CTO Realty (CTO) is a Great Dividend Stock

CTO Realty Growth, Inc. (NYSE:CTO ) Q2 2022 Earnings Conference Call July 29, 2022 9:00 AM ET Company Participants John Albright - President and Chief Executive Officer Matthew Partridge - Senior Vice President and Chief Financial Officer Conference Call Participants Gaurav Mehta - EF Hutton Robert Stevenson - Janney Montgomery Scott, LLC Michael Gorman - BTIG, LLC Matthew Erdner - JonesTrading Richard Milligan - Raymond James & Associates, Inc. Operator Hello. Thank you for standing by, and welcome to the CTO Realty Growth Second Quarter 2022 Earnings Conference Call.

CTO Realty Growth, Inc. (CTO) CEO John Albright on Q2 2022 Results - Earnings Call Transcript

WINTER PARK, Fla., July 29, 2022 (GLOBE NEWSWIRE) -- CTO Realty Growth (NYSE: CTO) (the “Company”) announced today the closing of the sale of Westland Gateway Plaza, it's master leased property located in Hialeah, Florida. The master lease tenant exercised its existing purchase option to acquire the property for $22.2 million, representing an exit cap rate of 6.6%.

CTO Realty Growth Announces Sale of Westland Gateway Plaza in Hialeah, Florida for $22.2 Million

WINTER PARK, Fla., July 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 June 30, 2022.

CTO Realty Growth Reports Second Quarter 2022 Operating Results

CTO Realty Growth completed a stock split in July. The trust raised FFO guidance for 2022.

CTO Realty: Attractively Valued Growth And Income Play With A 7.3% Yield

WINTER PARK, Fla., July 11, 2022 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced it has acquired Madison Yards, a 162,500 square foot property located in the Inman Park/Reynoldstown submarket along the Memorial Drive corridor of Atlanta, Georgia (the “Property”) for a purchase price of $80.2 million. The purchase price represents a going-in cap rate below the range of the Company's guidance for initial cash yields.

CTO Realty Growth Announces Acquisition of Grocery-Anchored Retail Property in Atlanta, Georgia for $80.2 Million

CTO Realty is expected to deliver a strong +33% YoY increase in FFO per share for Q2 2022 as per market consensus, which I think is achievable. CTO's robust FFO growth expectations for FY 2022 and FY 2023 are supported by new leases signed, and investments made in 2021 and 1H 2022.

Is CTO Realty Growth Stock A Buy Before Upcoming Earnings? Consider Growth And Valuations

CTO Realty Growth is a well-positioned REIT with a long growth runway in its core markets. It follows a differentiated strategy compared to most other REITs and has healthy dividend coverage.

CTO Realty Growth: This 7.2% Yield Is Just Getting Started

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After meeting with over 25 companies in New York for the first in-person NAREIT sponsored conference since November 2019, we came away extremely positive on the fundamentals for REITs. Across the board, leasing, occupancy, and rent growth are tracking at or above expectations, and the recent increase in interest rates has already slowed new construction, further tilting the supply.

Equity REITs: Takeaways From NAREIT REIT Week

WINTER PARK, Fla., June 29, 2022 (GLOBE NEWSWIRE) -- CTO Realty Growth (NYSE: CTO) (the “Company”) announced today that it will report its financial and operating results for the second quarter 2022 after the market closes on Thursday, July 28, 2022. A conference call to discuss its financial and operating results is scheduled for Friday, July 29, 2022 at 9:00 AM ET.

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

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 revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

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

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 "Recent Price Strength" screen.

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

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 a quarterly cash dividend of $1.12 per share of common stock for the second quarter of 2022 (the “Common Stock Cash Dividend”), which represents a 3.7% increase as compared to the Company's previous quarterly cash dividend of $1.08 per share of common stock. The Common Stock Cash Dividend is being increased to account for the Company's strong year-to-date cash flow growth and the need to distribute a certain amount of taxable income to maintain its REIT tax status.

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

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

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

CTO Realty Growth, Inc. (NYSE:CTO ) Q1 2022 Earnings Conference Call April 29, 2022 9:00 AM ET Company Participants John Albright - President and CEO Matt Partridge - Chief Financial Officer Conference Call Participants Craig Kucera - B. Riley Securities Jason Stewart - Jones Trading Michael Gorman - BTIG Operator Good day, ladies and gentlemen and thank you for standing by.

News for CTO Realty Growth Stock (CTO)