CTO

CTO Realty Growth
CTO

$19.21

0.52%

Market Cap: $444M

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

Financials Real Estate Investment Trusts

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

31% more repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 39

20% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 15

2% more funds holding

Funds holding: 136 [Q1] → 139 (+3) [Q2]

3% more capital invested

Capital invested by funds: $237M [Q1] → $245M (+$7.96M) [Q2]

0.58% less ownership

Funds ownership: 61.38% [Q1] → 60.8% (-0.58%) [Q2]

25% less funds holding in top 10

Funds holding in top 10: 4 [Q1] → 3 (-1) [Q2]

36% less call options, than puts

Call options by funds: $830K | Put options by funds: $1.3M

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Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$21

7%

upside

Avg. target

$21

11%

upside

High target

$22

15%

upside

2 analyst ratings

2 positive

100%

0 neutral

0%

0 negative

0%

Raymond James RJ Milligan 86% 1-year accuracy 18 / 21 met price target	15%upside $22	Outperform Maintained	16 Aug 2024
Jones Trading Jason Weaver 79% 1-year accuracy 15 / 19 met price target	7%upside $21	Buy Maintained	26 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 11 articles about CTO published over the past 30 days

Dividend Harvesting Portfolio Week 185: $18,500 Allocated, $1,726.55 In Projected Dividends

The Dividend Harvesting Portfolio rebounded sharply, achieving a 23.32% ROI and generating $1,726.55 in forward dividend income, benefiting from anticipated rate cuts. Added to positions in Ford, British American Tobacco, and CTO Realty Growth, focusing on high-yield stocks and potential dividend increases. Portfolio diversification remains key, with no position exceeding 5% and sectors under 20%, aiming for consistent income and risk mitigation.

Dividend Harvesting Portfolio Week 185: $18,500 Allocated, $1,726.55 In Projected Dividends

Zacks Investment Research

Best Income Stocks to Buy for September 16th

DKL, CTO and VRN made it to the Zacks Rank #1 (Strong Buy) income stocks list on September 16, 2024.

Best Income Stocks to Buy for September 16th

CTO Realty Growth: I'm Buying The Commons For The 8% Dividend Yield

CTO Realty Growth has kept its quarterly dividend stable and currently offers a fully covered 8% dividend yield. The retail REIT is trading at a price-to-free cash flow multiple of 9.71x, below its historical range. Fed rate cuts will deliver a huge boost to investor sentiment and the REIT's multiple.

CTO Realty Growth: I'm Buying The Commons For The 8% Dividend Yield

If I Was Retiring In 10-20 Years With 10 REITs - Part 2

Younger investors can afford riskier REITs, but retirees need dependable income sources. Avoid mortgage and lodging REITs due to their volatility and economic sensitivity. Broadstone Net Lease offers a strong combination of safety, quality, yield, and value with a 6.34% dividend yield and investment-grade credit rating. CTO Realty Growth is transitioning to a shopping center REIT, offering a 7.79% dividend yield and trading at a discounted AFFO multiple.

If I Was Retiring In 10-20 Years With 10 REITs - Part 2

Zacks Investment Research

CTO Realty (CTO) Moves 8.4% Higher: Will This Strength Last?

CTO Realty (CTO) witnessed a jump in share price last session on above-average trading volume. The latest trend in FFO estimate revisions for the stock suggests that there could be more strength down the road.

CTO Realty (CTO) Moves 8.4% Higher: Will This Strength Last?

Shopping Center REITs Are Hot: Pick A Winner

The current environment is favorable for REITs, with normalized prices, falling Treasury yields, and expected prime rate cuts. Shopping Center REITs offer above-average yields (3.88%) and superior growth prospects, driven by record-high occupancy rates and strong rental rate spreads. This article examines liquidity, FFO growth, TCFO growth, dividend growth, market cap, share price growth, and volatility to identify the best Shopping Center REITs for the next 2 years.

Shopping Center REITs Are Hot: Pick A Winner

CTO Realty Growth: Get Paid To Wait For The Valuation Discount To Close

CTO Realty Growth is undervalued due to near-term debt concerns, presenting a buying opportunity as refinancing at favorable rates is likely with dropping interest rates. The REIT's portfolio focuses on high-quality properties in growth markets, with strong economic fundamentals and long-term leases, enhancing stability and income potential. Q2'24 results exceeded expectations, with top line growth driven by new property acquisitions and improving occupancy rates, indicating strong operational performance.

CTO Realty Growth: Get Paid To Wait For The Valuation Discount To Close

Zacks Investment Research

CTO Realty (CTO) Upgraded to Buy: Here's Why

CTO Realty (CTO) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

CTO Realty (CTO) Upgraded to Buy: Here's Why

Assessing Quality Of REIT Earnings

REITs trade on AFFO, but the market often overlooks the quality of AFFO growth, leading to mispricings. AFFO growth sources vary in quality; repeatable sources like rental rate growth are more valuable than one-time or cyclical gains. Capital structure changes like debt paydown and share buybacks can enhance AFFO quality by reducing risk and demonstrating management alignment.

Assessing Quality Of REIT Earnings

3 Small Cap REITs With Big Yields

In this article, I will highlight three small cap REITs that are poised to deliver solid total returns from dividends and capital appreciation: CTO Realty Growth, Alpine Income Property Trust, and Broadstone Net Lease. Focus on identifying high-yield small-cap REITs that avoid "sucker yields" and have the potential for long-term shareholder value growth through thorough research. As REITs continue to rally (and rates decline in September), we will continue to provide readers with more actionable ideas like these.

3 Small Cap REITs With Big Yields

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