CTO Realty Growth (NYSE:CTO) Updates FY 2025 Earnings Guidance

CTO Realty Growth (NYSE:CTO - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 1.930-1.980 for the period, compared to the consensus EPS estimate of 1.960. The company issued revenue guidance of -.

Analyst Ratings Changes

Several research firms have weighed in on CTO. 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 raised CTO Realty Growth from a "sell" rating to a "hold" rating in a research report on Friday.

CTO Realty Growth Stock Down 0.9 %

Shares of CTO stock traded down $0.17 during trading hours on Monday, hitting $18.85. 324,631 shares of the company's stock traded hands, compared to its average volume of 260,518. The stock's fifty day simple moving average is $19.71 and its two-hundred day simple moving average is $19.56. CTO Realty Growth has a 12-month low of $16.33 and a 12-month high of $21.15. The stock has a market cap of $564.97 million, a price-to-earnings ratio of -85.66 and a beta of 0.78. The company has a quick ratio of 3.96, a current ratio of 3.96 and a debt-to-equity ratio of 0.88.

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CTO Realty Growth (NYSE:CTO - Get Free Report) last released its earnings results on Thursday, February 20th. The company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.48. CTO Realty Growth had a negative net margin of 1.58% and a negative return on equity of 0.38%. The firm had revenue of $35.74 million during the quarter, compared to analyst estimates of $33.39 million. On average, analysts expect that CTO Realty Growth will post 1.92 EPS for the current year.

CTO Realty Growth Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 13th will be issued a dividend of $0.38 per share. The ex-dividend date of this dividend is Thursday, March 13th. This represents a $1.52 annualized dividend and a dividend yield of 8.07%. CTO Realty Growth's payout ratio is -690.91%.

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.