NYSE:CTO

CTO Realty Growth (CTO) Stock Price, News & Analysis

$17.25
-0.09 (-0.52%)
(As of 02:14 PM ET)
Today's Range
$17.25
$17.36
50-Day Range
$16.48
$17.48
52-Week Range
$15.63
$18.03
Volume
58,732 shs
Average Volume
128,074 shs
Market Capitalization
$395.89 million
P/E Ratio
31.36
Dividend Yield
8.81%
Price Target
$19.33

CTO Realty Growth MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
11.8% Upside
$19.33 Price Target
Short Interest
Healthy
3.70% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.57mentions of CTO Realty Growth in the last 14 days
Based on 17 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.06%
From $1.59 to $1.75 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.66 out of 5 stars

Finance Sector

367th out of 868 stocks

Real Estate Investment Trusts Industry

75th out of 179 stocks

CTO stock logo

About CTO Realty Growth Stock (NYSE:CTO)

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.

CTO Stock Price History

CTO Stock News Headlines

Things Are Not Normal in America – Here’s What to Do
Get Out of the Dollar Before May 15 A Wall Street legend and our friend has just warned 896,000 Americans to prepare for May 15.
CTO Realty Growth (NYSE:CTO) Price Target Cut to $19.00
Loews Corp. Q1 Income Rises
Things Are Not Normal in America – Here’s What to Do
Get Out of the Dollar Before May 15 A Wall Street legend and our friend has just warned 896,000 Americans to prepare for May 15.
Pitch Deck Teardown: NOQX’s $200K pre-seed deck
Compass Point Reaffirms Their Sell Rating on SL Green Realty (SLG)
See More Headlines
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Company Calendar

Last Earnings
4/28/2022
Ex-Dividend for 3/28 Dividend
3/13/2024
Dividend Payable
3/28/2024
Today
5/09/2024
Next Earnings (Estimated)
7/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
N/A
Employees
33
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$19.33
High Stock Price Target
$20.00
Low Stock Price Target
$19.00
Potential Upside/Downside
+11.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$5.53 million
Pretax Margin
15.85%

Debt

Sales & Book Value

Annual Sales
$109.12 million
Cash Flow
$2.38 per share
Book Value
$20.17 per share

Miscellaneous

Free Float
21,799,000
Market Cap
$397.38 million
Optionable
Not Optionable
Beta
0.74
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CTO Stock Analysis - Frequently Asked Questions

Should I buy or sell CTO Realty Growth stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CTO Realty Growth in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CTO shares.
View CTO analyst ratings
or view top-rated stocks.

What is CTO Realty Growth's stock price target for 2024?

4 analysts have issued 12 month price objectives for CTO Realty Growth's stock. Their CTO share price targets range from $19.00 to $20.00. On average, they predict the company's share price to reach $19.33 in the next twelve months. This suggests a possible upside of 11.8% from the stock's current price.
View analysts price targets for CTO
or view top-rated stocks among Wall Street analysts.

How have CTO shares performed in 2024?

CTO Realty Growth's stock was trading at $17.33 at the start of the year. Since then, CTO shares have decreased by 0.2% and is now trading at $17.30.
View the best growth stocks for 2024 here
.

When is CTO Realty Growth's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024.
View our CTO earnings forecast
.

How were CTO Realty Growth's earnings last quarter?

CTO Realty Growth, Inc. (NYSE:CTO) posted its quarterly earnings data on Thursday, April, 28th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.36 by $0.41. CTO Realty Growth had a trailing twelve-month return on equity of 3.70% and a net margin of 15.43%. During the same quarter in the previous year, the firm earned $0.32 earnings per share.

How often does CTO Realty Growth pay dividends? What is the dividend yield for CTO Realty Growth?

CTO Realty Growth announced a quarterly dividend on Tuesday, February 20th. Shareholders of record on Thursday, March 14th will be paid a dividend of $0.38 per share on Thursday, March 28th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 8.79%. The ex-dividend date is Wednesday, March 13th.
Read our dividend analysis for CTO
.

Is CTO Realty Growth a good dividend stock?

CTO Realty Growth (NYSE:CTO) pays an annual dividend of $1.52 per share and currently has a dividend yield of 8.93%. CTO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 276.37%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, CTO will have a dividend payout ratio of 86.86% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for CTO.

What ETFs hold CTO Realty Growth's stock?

ETFs with the largest weight of CTO Realty Growth (NYSE:CTO) stock in their portfolio include ALPS REIT Dividend Dogs ETF (RDOG).Hoya Capital High Dividend Yield ETF (RIET).

When did CTO Realty Growth's stock split?

Shares of CTO Realty Growth split before market open on Friday, July 1st 2022. The 3-1 split was announced on Friday, July 1st 2022. The newly created shares were issued to shareholders after the closing bell on Friday, July 1st 2022. An investor that had 100 shares of stock prior to the split would have 300 shares after the split.

What guidance has CTO Realty Growth issued on next quarter's earnings?

CTO Realty Growth issued an update on its FY 2024 earnings guidance on Friday, May, 3rd. The company provided earnings per share (EPS) guidance of 1.740-1.820 for the period, compared to the consensus estimate of 1.620. The company issued revenue guidance of -.

Who are CTO Realty Growth's major shareholders?

CTO Realty Growth's stock is owned by many different institutional and retail investors. Top institutional investors include Grace & White Inc. NY (2.64%), Russell Investments Group Ltd. (1.71%), LSV Asset Management (1.40%), Mutual of America Capital Management LLC (0.44%), Naples Global Advisors LLC (0.28%) and Pinnacle Associates Ltd. (0.21%). Insiders that own company stock include Christopher W Haga, Cto Realty Growth, Inc, Daniel Earl Smith, George R Brokaw, John P Albright, Laura M Franklin, Lisa Vorakoun, Matthew Morris Partridge and Robert Blakeslee Gable.
View institutional ownership trends
.

How do I buy shares of CTO Realty Growth?

Shares of CTO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:CTO) was last updated on 5/9/2024 by MarketBeat.com Staff

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