CTO Realty Growth (CTO) Expected to Announce Earnings on Thursday

CTO Realty Growth (NYSE:CTO - Get Free Report) is projected to release its Q4 2024 earnings data after the market closes on Thursday, February 20th. Analysts expect CTO Realty Growth to post earnings of $0.01 per share and revenue of $33.39 million for the quarter. CTO Realty Growth has set its FY 2025 guidance at 1.930-1.980 EPS.Individual interested in listening to the company's earnings conference call can do so using this link.

CTO Realty Growth (NYSE:CTO - Get Free Report) last announced its earnings results on Thursday, February 20th. The company reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.48. The business had revenue of $35.74 million during the quarter, compared to the consensus estimate of $33.39 million. CTO Realty Growth had a return on equity of 4.04% and a net margin of 17.10%. On average, analysts expect CTO Realty Growth to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

CTO Realty Growth Trading Down 5.8 %

Shares of NYSE CTO traded down $1.18 during mid-day trading on Friday, reaching $19.03. 605,171 shares of the company's stock were exchanged, compared to its average volume of 250,547. The company's 50-day moving average is $19.76 and its 200-day moving average is $19.57. CTO Realty Growth has a 52-week low of $16.33 and a 52-week high of $21.15. The company has a debt-to-equity ratio of 0.88, a quick ratio of 3.96 and a current ratio of 3.96. The firm has a market capitalization of $570.49 million, a price-to-earnings ratio of 32.25 and a beta of 0.78.

Wall Street Analysts Forecast Growth

CTO has been the subject of a number of recent analyst reports. Raymond James raised CTO Realty Growth from an "outperform" rating to a "strong-buy" rating and lifted their price objective for the company from $22.00 to $24.00 in a research report on Wednesday, October 30th. StockNews.com cut CTO Realty Growth from a "hold" rating to a "sell" rating in a research note on Monday, October 28th.

CTO Realty Growth Company Profile

CTO Realty Growth, Inc is a publicly traded real estate investment trust that owns and operates a portfolio of high-quality, retail-based properties located primarily in higher growth markets in the United States. CTO also externally manages and owns a meaningful interest in Alpine Income Property Trust, Inc NYSE: PINE, a publicly traded net lease REIT.