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

Company Overview

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.

Key Stats

• Today's Range: $19.48 to $19.63
• 50-Day Range: $18.57 to $20.65
• 52-Week Range: $16.16 to $21.15
• Volume: 16,574 shs
• Average Volume: 251,184 shs
• Market Capitalization: $586.11 million
• P/E Ratio: 33.14
• Dividend Yield: 7.77%
• Price Target: $21.00
• Consensus Rating: Strong Buy

CTO Realty Growth Stock Analysis - MarketRank™

CTO Realty Growth scored higher than 67% of companies evaluated by MarketBeat, and ranked 492nd out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.8 / 5
• Analyst Rating: Strong Buy

Consensus Rating

CTO Realty Growth has received a consensus rating of Strong Buy. The company's average rating score is 3.50, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

CTO Realty Growth has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 7.82%

Earnings Growth

Earnings for CTO Realty Growth are expected to grow by 7.82% in the coming year, from $1.79 to $1.93 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of CTO Realty Growth is 33.03, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.79.

Price to Earnings Ratio vs. Sector

The P/E ratio of CTO Realty Growth is 33.03, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 45.86.

Price to Book Value per Share Ratio

CTO Realty Growth has a P/B Ratio of 0.98. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.07% of the outstanding shares of CTO Realty Growth have been sold short.

Short Interest Ratio / Days to Cover

CTO Realty Growth has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in CTO Realty Growth has recently increased by 56.13%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

CTO Realty Growth is a leading dividend payer. It pays a dividend yield of 7.74%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

CTO Realty Growth does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of CTO Realty Growth is 257.63%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, CTO Realty Growth will have a dividend payout ratio of 78.76% in the coming year. This indicates that CTO Realty Growth may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.07% of the outstanding shares of CTO Realty Growth have been sold short.

Short Interest Ratio / Days to Cover

CTO Realty Growth has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in CTO Realty Growth has recently increased by 56.13%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 1.25

News Sentiment

CTO Realty Growth has a news sentiment score of 1.25. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.76 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for CTO Realty Growth this week, compared to 4 articles on an average week.

Search Interest

Only 12 people have searched for CTO on MarketBeat in the last 30 days. This is a decrease of -37% compared to the previous 30 days.

MarketBeat Follows

Only 7 people have added CTO Realty Growth to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, CTO Realty Growth insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $726,616.00 in company stock.

Percentage Held by Insiders

Only 5.30% of the stock of CTO Realty Growth is held by insiders.

Percentage Held by Institutions

67.18% of the stock of CTO Realty Growth is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CTO Stock Analysis - Frequently Asked Questions

How have CTO shares performed this year?

CTO Realty Growth's stock was trading at $17.33 on January 1st, 2024. Since then, CTO shares have increased by 12.4% and is now trading at $19.4850.
View the best growth stocks for 2024 here.

How were CTO Realty Growth's earnings last quarter?

CTO Realty Growth, Inc. (NYSE:CTO) released its earnings results on Thursday, October, 24th. The company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by $0.27. The business had revenue of $31.81 million for the quarter, compared to analysts' expectations of $30.15 million. CTO Realty Growth had a net margin of 17.10% and a trailing twelve-month return on equity of 4.04%.

When did CTO Realty Growth's stock split?

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

Who are CTO Realty Growth's major shareholders?

CTO Realty Growth's top institutional investors include Heitman Real Estate Securities LLC (3.30%), Grace & White Inc. NY (2.53%), Geode Capital Management LLC (1.73%) and State Street Corp (1.51%). Insiders that own company stock include John P Albright, Cto Realty Growth, Inc, Daniel Earl Smith, Matthew Morris Partridge, Christopher W Haga, Robert Blakeslee Gable, George R Brokaw and Lisa Vorakoun.
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.

What other stocks do shareholders of CTO Realty Growth own?

Based on aggregate information from My MarketBeat watchlists, some other companies that CTO Realty Growth investors own include Dorchester Minerals (DMLP), American Water Works (AWK), The RMR Group (RMR), DiamondRock Hospitality (DRH), Waste Connections (WCN), AUO (AUOTY) and iShares Micro-Cap ETF (IWC).

Company Calendar

• Ex-Dividend for 9/30 Dividend: 9/12/2024
• Dividend Payable: 9/30/2024
• Last Earnings: 10/24/2024
• Today: 11/21/2024
• Ex-Dividend for 12/31 Dividend: 12/12/2024
• Dividend Payable: 12/31/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/27/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Trading
• Current Symbol: NYSE:CTO
• CUSIP: N/A
• CIK: 23795
• Web: ctorealtygrowth.com
• Phone: (386) 274-2202
• Fax: 386-274-1223
• Employees: 30
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $21.00
• High Stock Price Target: $24.00
• Low Stock Price Target: $19.00
• Potential Upside/Downside: +7.8%
• Consensus Rating: Strong Buy
• Rating Score (0-4): 3.50
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.59
• Trailing P/E Ratio: 33.03
• Forward P/E Ratio: 10.89
• P/E Growth: N/A
• Net Income: $5.53 million
• Net Margins: 17.10%
• Pretax Margin: 17.37%
• Return on Equity: 4.04%
• Return on Assets: 1.92%

Debt

• Debt-to-Equity Ratio: 0.88
• Current Ratio: 3.96
• Quick Ratio: 3.96

Sales & Book Value

• Annual Sales: $118.66 million
• Price / Sales: 4.92
• Cash Flow: $2.34 per share
• Price / Cash Flow: 8.34
• Book Value: $20.17 per share
• Price / Book: 0.97

Miscellaneous

• Outstanding Shares: 29,976,000
• Free Float: 28,387,000
• Market Cap: $584.08 million
• Optionable: Not Optionable
• Beta: 0.76