CTO
CTO Realty GrowthCTO
CTO
About: CTO Realty Growth Inc is a Florida-based real estate investment trust company, that owns income properties comprised of approximately 2.7 million square feet in diversified markets in the United States. Its portfolio of assets consists of Income Properties Portfolio, management services, Commercial Loan and Investments.
Employees: 33
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
513% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 8
72% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 36
45% more capital invested
Capital invested by funds: $252M [Q2] → $365M (+$113M) [Q3]
29% more funds holding
Funds holding: 139 [Q2] → 180 (+41) [Q3]
20.44% more ownership
Funds ownership: 62.49% [Q2] → 82.93% (+20.44%) [Q3]
40% less call options, than puts
Call options by funds: $842K | Put options by funds: $1.41M
67% less funds holding in top 10
Funds holding in top 10: 3 [Q2] → 1 (-2) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$22
13%
upside
Avg. target
$23
18%
upside
High target
$24
23%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
Raymond James RJ Milligan 57% 1-year accuracy 16 / 28 met price target | 23%upside $24 | Strong Buy Upgraded | 30 Oct 2024 |
Jones Trading Jason Weaver 55% 1-year accuracy 21 / 38 met price target | 13%upside $22 | Buy Maintained | 25 Oct 2024 |
Financial journalist opinion
Based on 9 articles about CTO published over the past 30 days
Positive
Zacks Investment Research
3 days ago
CTO Realty Expands With Granada Plaza Acquisition in Tampa Metro Area
CTO Realty's latest acquisition of a grocery-anchored property in a prime location and with strong community ties marks a strategic buy.
Positive
Seeking Alpha
5 days ago
3 Big Dividends Backed By High-Quality Assets
Avoid private equity and REITs offering unsustainable high yields; they often rely on risky investments or leverage, leading to potential capital destruction. We prefer to look at the cashflows first to ensure companies have enough to sustain the dividend while retaining some for growth. This article explores the various pitfalls of traditional high-yield investing and proposes 3 high-yield stocks that offer a better total return potential.
Neutral
GlobeNewsWire
1 week ago
KBW Announces Index Rebalancing for Fourth-Quarter 2024
NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE: SF), announces the upcoming index rebalancing for the fourth quarter of 2024.
Positive
Seeking Alpha
1 week ago
The Real Value Of CTO Realty Growth Is In Its Series A Preferred Stock
CTO Realty Growth offers a 7.44% dividend yield on the common stock, but preferred stock CTO.PR.A provides safer, cumulative dividends at a 6.83% yield. Preferred stockholders have priority over common shareholders in dividend payments, making CTO.PR.A a more secure investment despite its slightly lower yield. CTO's financial ratios indicate potential challenges in maintaining current common stock dividends, enhancing the appeal of the more stable preferred stock dividends.
Positive
Seeking Alpha
2 weeks ago
CTO Realty: Long Growth Runway And Valuation Make Them A Buy
CTO Realty Growth presents a compelling buy opportunity with a forward P/AFFO multiple of 10.34x, well below the sector median of 17.04x. The REIT's strong growth potential is supported by strategic acquisitions in high-growth Sun Belt markets and a significant increase in investment activity. Despite higher leverage, management's efforts to deleverage and a solid balance sheet support future growth, with raised FFO and AFFO guidance for 2024.
Positive
Seeking Alpha
2 weeks ago
High Yield And Resilience: 2 Of My Favorite Dividend Stocks For What's Next
In today's uncertain market, it's vital to find stocks that can provide both income and stability. These picks offer the best of both worlds. I've selected two dividend stocks that are built to thrive in challenging times, offering elevated income and resilience. These companies are poised for long-term growth. While the market faces obstacles, these picks are strategically positioned to excel in the future. Allow me to share why these stocks are great for what's next.
Positive
Seeking Alpha
3 weeks ago
CTO Realty Growth: A Safe 7.6% Dividend Yield, I Bought More
CTO Realty Growth has expanded its gross leasable space by a material pace since the start of 2024. The REIT is paying out a 7.6% common dividend yield that is at least 164% covered by free cash flow. Only $51 million of debt comes due in 2025 against liquidity of $213 million at the end of the third quarter.
Positive
Seeking Alpha
3 weeks ago
Dividend Harvesting Portfolio Week 195: $19,500 Allocated, $1,863.26 In Projected Dividends
The Dividend Harvesting Portfolio reached an all-time high, with a 27.82% return on invested capital and forward dividend income of $1,863.23. I remain bullish on the market, expecting a strong 2025, driven by falling rates, economic growth, and declining unemployment. Realty Income and CTO Realty Growth were added to the portfolio, with plans to focus on other sectors in upcoming months.
Positive
Seeking Alpha
3 weeks ago
CTO Realty Growth: Exceeding A 7.5% Yield And Still Impressing Me
CTO Realty Growth has appreciated 14.31% YTD, focusing on quality over quantity in high-growth markets like Florida and Georgia, benefiting from population migration trends. Q3 earnings beat estimates with $31.81 million in revenue and $0.50 FFO, showcasing strong performance and strategic portfolio upgrades, including multi-tenant and grocery-anchored properties. Despite risks like competition and macroeconomic factors, CTO's dividend yield exceeds 7.5%, and it's trading below book value, offering significant upside potential.
Neutral
GlobeNewsWire
1 month ago
CTO Realty Growth Declares Dividends for the Fourth Quarter 2024
WINTER PARK, Fla., Nov. 19, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) announced today that its Board of Directors has authorized, and the Company has declared, a quarterly cash dividend of $0.38 per share of common stock for the fourth quarter of 2024 (the “Common Stock Cash Dividend”). The Common Stock Cash Dividend represents an annualized yield of approximately 7.8% based on the closing price of the Company's common stock on November 18, 2024.
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