Streetbeat News

CTO

CTO Realty Growth, Inc.

Industry

REIT - Diversified

CTO Realty Growth, Inc. is a Florida-based publicly traded real estate company, which owns income properties comprised of approximately 2.4 million square feet in diversified markets in the United States and an approximately 23.5% interest in Alpine Income Property Trust, Inc., a publicly traded net lease real estate investment trust (NYSE: PINE).

Open

19.03

Mkt cap

602M

Volume

362K

High

19.11

P/E Ratio

-54.00

52-wk high

21.15

Low

18.78

Div yield

0.08

52-wk low

16.51

CTO Realty Growth's stock fell 7% after a slight AFFO guidance miss for 2025, despite strong fundamentals. The company anticipates significant AFFO growth from $5.2 million in SNO leases starting in 2026, with new leases replacing bankrupt tenants expected to yield 40%-60% higher rents.

Portfolio Pulse from

March 14, 2025 | 10:00 pm

CTO Realty Growth is a promising REIT with strong growth potential, trading at a discount and offering a high dividend yield. It focuses on high-quality assets in strong economic areas, with risks tied to interest rates and regional economies.

Portfolio Pulse from

March 10, 2025 | 1:15 pm

CTO Realty Growth's Preferred Series A Stock offers a 7.5% yield and trades at a 15% discount to par, making it an attractive buy. The stock is supported by strategic investments in high-growth markets and a diversified portfolio, ensuring long-term resilience.

Portfolio Pulse from

March 06, 2025 | 1:00 pm

CTO Realty has acquired Ashley Park, a lifestyle shopping center in Atlanta, which attracts over six million visits annually. This acquisition is expected to support CTO Realty's long-term growth strategy.

Portfolio Pulse from

March 05, 2025 | 9:15 pm

CTO Realty Growth, Inc. has acquired Ashley Park, a 559,000-square-foot lifestyle center in Atlanta, Georgia, for $79.8 million. This acquisition aligns with CTO's strategy of owning high-quality shopping centers in growth markets.

Portfolio Pulse from

March 03, 2025 | 9:30 pm

CTO Realty Growth, Inc. held its Q4 2024 earnings call, discussing financial results and company performance. Key participants included executives and analysts from various financial institutions.

Portfolio Pulse from

February 21, 2025 | 4:30 pm

CTO Realty (CTO) reported Q4 funds from operations (FFO) of $0.49 per share, surpassing the Zacks Consensus Estimate of $0.48 per share, though slightly down from $0.52 per share a year ago.

Portfolio Pulse from

February 21, 2025 | 12:00 am

CTO Realty Growth reported its Q4 and full-year 2024 results, highlighting $330.8 million in investments with a 9.3% yield and $165.2 million raised through its ATM program. The company also has a $5.2 million signed-not-open pipeline.

Portfolio Pulse from

February 20, 2025 | 9:15 pm

CTO Realty Growth will release its Q4 and full year 2024 earnings on February 20, 2025, followed by a conference call on February 21, 2025.

Portfolio Pulse from

February 10, 2025 | 9:15 pm

CTO Realty is highlighted for its high yield of 7.9% and strong total returns, driven by strategic acquisitions and property repositioning in high-growth U.S. Sunbelt markets. The company has shown robust growth in same-store NOI, occupancy gains, and lease spreads, indicating successful property quality and repositioning strategies. CTO has also improved its leverage profile and has a promising acquisition and lease-up pipeline, positioning it for sustainable growth.

Portfolio Pulse from

January 12, 2025 | 1:45 pm

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