CTO Realty Growth (NYSE:CTO.PRA) - Stock Price, News & Analysis

CTO.PRA Stock Overview

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.

About the company

CTO.PRA fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	1/6
Past Performance	1/6
Financial Health	2/6
Dividends	6/6

Rewards

Trading at 66% below our estimate of its fair value

Revenue is forecast to grow 11.46% per year

Became profitable this year

Pays a high and reliable dividend of 7.76%

Risk Analysis

Interest payments are not well covered by earnings

Earnings are forecast to decline by an average of 137.5% per year for the next 3 years

Large one-off items impacting financial results

Shareholders have been diluted in the past year

CTO Realty Growth, Inc. Competitors

One Liberty Properties

NYSE:OLP

US$562.3m

Alpine Income Property Trust

NYSE:PINE

US$273.7m

Alexander & Baldwin

NYSE:ALEX

US$1.4b

American Assets Trust

NYSE:AAT

US$2.1b

Price History & Performance

Summary of all time highs, changes and price drops for CTO Realty Growth
Historical stock prices
Current Share Price	US$24.17
52 Week High	US$24.95
52 Week Low	US$17.54
Beta	0.60
11 Month Change	4.09%
3 Month Change	10.52%
1 Year Change	29.32%
33 Year Change	-6.75%
5 Year Change	n/a
Change since IPO	-4.47%

Recent updates

Shareholder Returns

	CTO.PRA	US REITs	US Market
7D	0.04%	-2.6%	-1.9%
1Y	29.3%	13.0%	30.4%

Return vs Industry: CTO.PRA exceeded the US REITs industry which returned 12.4% over the past year.

Return vs Market: CTO.PRA underperformed the US Market which returned 30.8% over the past year.

Price Volatility

Is CTO.PRA's price volatile compared to industry and market?
CTO.PRA volatility
CTO.PRA Average Weekly Movement	3.1%
REITs Industry Average Movement	3.4%
Market Average Movement	6.0%
10% most volatile stocks in US Market	15.0%
10% least volatile stocks in US Market	2.9%

Stable Share Price: CTO.PRA has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: CTO.PRA's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1902	33	John Albright	www.ctoreit.com

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 Realty Growth, Inc. Fundamentals Summary

How do CTO Realty Growth's earnings and revenue compare to its market cap?
CTO.PRA fundamental statistics
Market cap	US$581.54m
Earnings (TTM)	US$14.17m
Revenue (TTM)	US$118.66m

41.5x

P/E Ratio

5.0x

P/S Ratio

Is CTO.PRA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CTO.PRA income statement (TTM)
Revenue	US$118.66m
Cost of Revenue	US$31.99m
Gross Profit	US$86.68m
Other Expenses	US$72.51m
Earnings	US$14.17m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.47
Gross Margin	73.04%
Net Profit Margin	11.94%
Debt/Equity Ratio	89.6%

How did CTO.PRA perform over the long term?

See historical performance and comparison

Dividends

7.8%

Current Dividend Yield

99%

Payout Ratio

CTO.PRA Stock Overview

Rewards

Risk Analysis

CTO Realty Growth, Inc. Competitors

NYSE:OLP

US$562.3m

NYSE:PINE

US$273.7m

NYSE:ALEX

US$1.4b

NYSE:AAT

US$2.1b

Price History & Performance

Recent News & Updates

CTO Realty Growth, Inc. Revises Earnings Guidance for the Year 2024

CTO Realty Growth, Inc. to Report Q3, 2024 Results on Oct 24, 2024

CTO Realty Growth, Inc. Announces Cash Dividend on its Common Stock for the Second Quarter of 2024, Payable on June 28, 2024

CTO Realty Growth, Inc. to Report Q2, 2024 Results on Jul 25, 2024

CTO Realty Growth, Inc., Annual General Meeting, Jun 20, 2024

CTO Realty Growth, Inc. to Report Q1, 2024 Results on May 02, 2024

Recent updates

CTO Realty Growth, Inc. Revises Earnings Guidance for the Year 2024

CTO Realty Growth, Inc. to Report Q3, 2024 Results on Oct 24, 2024

CTO Realty Growth, Inc. Announces Cash Dividend on its Common Stock for the Second Quarter of 2024, Payable on June 28, 2024

CTO Realty Growth, Inc. to Report Q2, 2024 Results on Jul 25, 2024

CTO Realty Growth, Inc., Annual General Meeting, Jun 20, 2024

CTO Realty Growth, Inc. to Report Q1, 2024 Results on May 02, 2024

An unknown buyer completed the acquisition of Mixed-use property in Santa Fe from CTO Realty Growth, Inc. (NYSE:CTO).

CTO Realty Growth, Inc. to Report Q4, 2023 Results on Feb 22, 2024

An undisclosed buyer acquired Sabal Pavilion from CTO Realty Growth, Inc. (NYSE:CTO) for $22 million.

An unknown buyer acquired 129,600 Square Foot Eastern Commons from CTO Realty Growth, Inc. (NYSE:CTO) for $18.2 million.

An unknown buyer acquired Westcliff Shopping Center from CTO Realty Growth, Inc. (NYSE:CTO) for $14.8 million.

CTO Realty Growth, Inc. to Report Q3, 2023 Results on Oct 26, 2023

CTO Realty Growth, Inc. (NYSE:CTO) acquired Three Buildings in the 28,100 Square Foot Retail Portion of Phase II of The Exchange at Gwinnett for $11.3 million.

CTO Realty Growth, Inc. to Report Q2, 2023 Results on Jul 27, 2023

CTO Realty Growth, Inc. (NYSE:CTO) acquired 446,500 square foot Plaza at Rockwall for $61.2 million.

CTO Realty Growth, Inc. Declares Cash Dividend for the Second Quarter of 2023, Payable on June 30, 2023

CTO Realty Growth, Inc. to Report Q4, 2022 Results on Feb 23, 2023

CTO Realty Growth, Inc. acquired The Collection at Forsyth for $96 million.

CTO Realty Growth, Inc. has completed a Follow-on Equity Offering in the amount of $57 million.

CTO Realty Growth, Inc. Declares Common Stock Dividends for the Fourth Quarter 2022, Payable on December 30, 2022

CTO Realty Growth, Inc. (NYSE:CTO) acquired 392,000 SF Mixed Use Grocery Anchored Lifestyle Property in the Richmond, Virginia for $93.9 million.

Hakimian Holdings, Inc. acquired a five-story office building in Riverside from CTO Realty Growth, Inc. (NYSE:CTO) for $25.2 million.

CTO Realty Growth, Inc. to Report Q3, 2022 Results on Oct 27, 2022

CTO Realty Growth, Inc. (NYSE:CTO) entered into a Purchase and Sale Agreement to acquire Class A, grocery-anchored mixed-use asset in the Richmond for $93.9 million.

An unknown buyer agreed to acquire Three properties comprised of two single tenant retail properties and 245 Riverside in Jacksonville from CTO Realty Growth, Inc. (NYSE:CTO).

CTO Realty Growth, Inc. Declares Quarterly Cash Dividend on Common Stock for the Third Quarter of 2022, Payable on September 30, 2022

An Unknown Buyer acquired Westland Gateway Plaza from CTO Realty Growth, Inc. (NYSE : CTO) for $22.2 million.

CTO Realty Growth, Inc. to Report Q2, 2022 Results on Jul 28, 2022

CTO Realty Growth, Inc. Declares Dividends for the Second Quarter 2022, Payable on June 30, 2022

CTO Realty Growth, Inc. Declares Dividends for the Second Quarter 2022, Payable on June 30, 2022

CTO Realty Growth, Inc. (NYSE:CTO) entered into a Purchase and Sale Agreement to acquire a retail center in the Atlanta, Georgia Metropolitan Area for $80.2 million.

CTO Realty Growth, Inc. (NYSE:CTO) entered into a Purchase and Sale Agreement to acquire a retail center in the Atlanta, Georgia Metropolitan Area for $80.2 million.

CTO Realty Growth, Inc., Annual General Meeting, Jun 22, 2022

CTO Realty Growth, Inc. to Report Q1, 2022 Results on Apr 28, 2022

CTO Realty Growth, Inc. (AMEX:CTO) acquired Adjacent Multi-Tenant Building in Atlanta, Georgia for $4.1 million.

CTO Realty Growth, Inc. Announces Impairment Charges for the Three Months Ended December 31, 2021

CTO Realty Growth, Inc. Declares Quarterly Dividends for the First Quarter of 2022, Payable on March 31, 2022

CTO Realty Growth, Inc. (NYSE:CTO) acquired Phase I of The Exchange at Gwinnett in Atlanta, Georgia for $34 million.

CTO Realty Growth, Inc. (NYSE:CTO) acquired Mixed-Use Property in Santa Fe, New Mexico for approximately $16.2 million.

An undisclosed buyer acquired 18,120-square-foot retail property in downtown Sarasota from CTO Realty Growth, Inc. (NYSE:CTO) for $4.7 million.

Alpine Income Property OP, LP completed the acquisition of Six Property Portfolio in US from CTO Realty Growth, Inc. (NYSE:CTO) for $74.5 million.