CTO Realty Growth: Exceeding A 7.5% Yield And Still Impressing Me
Portfolio Pulse from
CTO Realty Growth has seen a 14.31% YTD appreciation, focusing on high-growth markets like Florida and Georgia. Q3 earnings beat estimates with $31.81 million in revenue and $0.50 FFO. Despite risks, CTO's dividend yield exceeds 7.5%, and it's trading below book value, offering upside potential.
November 25, 2024 | 2:15 pm
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CTO Realty Growth has appreciated 14.31% YTD, focusing on high-growth markets. Q3 earnings beat estimates, and the company offers a dividend yield exceeding 7.5%. Trading below book value, CTO presents significant upside potential.
CTO Realty Growth's strong Q3 earnings and strategic focus on high-growth markets have led to a 14.31% YTD appreciation. The company's dividend yield exceeding 7.5% and trading below book value suggest significant upside potential, making it an attractive investment despite existing risks.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100