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

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Earnings data Q1 2022

Earnings data Q2 2022

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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.

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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, 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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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

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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.

CTO Realty Growth, Inc. (CTO) CEO John Albright on Q1 2022 Results - Earnings Call Transcript

WINTER PARK, Fla., April 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 March 31, 2022.

CTO Realty Growth Reports First Quarter 2022 Operating Results

WINTER PARK, Fla., April 27, 2022 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced that its Board of Directors has approved a three-for-one stock split of the Company's common stock to be effected in the form of a stock dividend. Each stockholder of record at the close of business on June 27, 2022 (the “Record Date”), will receive two additional shares of the Company's common stock for each share held as of the Record Date. The new shares will be distributed on June 30, 2022. The Company's stock will begin trading at the post-split price on July 1, 2022. The Company's second quarter regular common stock cash dividend, which will apply to pre-split shares only, will not be impacted by the stock split.

CTO Realty Growth Announces Three-For-One Stock Split

CTO Realty Growth is focusing on a few, high growth markets. The trust has potential for robust FFO growth moving forward.

CTO Realty: 6.26% Yield, Attractive Multiple, Dividend Upside

CTO converted into a REIT in 2021 and has shown healthy returns since then. The company's valuation multiples are extremely enticing with lower than industry average price multiples.

CTO Realty Growth: A Good Income Stock Trading At A Good Discount

CTO Realty Growth is a growing REIT that focuses on buying properties below replacement cost.

CTO Realty Growth: A 7% Yielder Not To Miss

WINTER PARK, Fla., April 11, 2022 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced it has entered into a preferred equity agreement to provide $30.0 million of funding towards the acquisition of the Watters Creek at Montgomery Farm grocery-anchored, mixed-use property in Allen, Texas (the “Preferred Investment”). Watters Creek at Montgomery Farm is approximately 458,000 square feet of grocery-anchored retail and office, anchored by Market Street, Anthropologie, Mi Cocina, DSW, The Cheesecake Factory, Brio Italian Grille, and Michaels, and includes a variety of national and local retailers and restaurants (the “Watters Creek Property” or “Property”).

CTO Realty Growth Announces $30.0 Million Preferred Investment in Watters Creek at Montgomery Farm in the Allen Submarket of Dallas, TX

WINTER PARK, Fla., March 30, 2022 (GLOBE NEWSWIRE) -- CTO Realty Growth (NYSE: CTO) (the “Company”) announced today that it will report its financial and operating results for the first quarter 2022 after the market closes on Thursday, April 28, 2022. A conference call to discuss its financial and operating results is scheduled for Friday, April 29, 2022 at 9:00 AM ET (the “Earnings Call”).

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

WINTER PARK, Fla., March 14, 2022 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced the closing of the sale of The Carpenter Hotel ground lease located in Austin, Texas to an affiliate of Timberline Real Estate Partners (the “Buyer”). The Buyer exercised their existing purchase option for a sales price of $17.1 million, representing an exit cap rate of 5.66%. The proceeds are expected to be part of a Section 1031 like-kind exchange.

CTO Realty Growth Announces Sale of The Carpenter Hotel Ground Lease in Austin, Texas For $17.1 Million

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That “cute” caution is one I gave repeatedly in 2020 as the markets crashed.

Avoid High Yielding REITs: Don't Get Too Cute

WINTER PARK, Fla., March 03, 2022 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced the acquisition of Price Plaza Shopping Center, a 205,000 square foot multi-tenant retail property in the Katy submarket of Houston, Texas (the “Property”) for a purchase price of $39.1 million, or $190 per square foot. The purchase price represents a going-in cap rate above the range of the Company's guidance for initial investment cash yields.

CTO Realty Growth Announces Acquisition of 205,000 Square Foot Retail Property in Houston, Texas for $39.1 Million

CTO Realty Growth, Inc. (CTO) CEO John Albright on Q4 2021 Results - Earnings Call Transcript

News for CTO Realty Growth Stock (CTO)