CTO Realty Growth, Inc. is a Florida-based publicly traded real estate company, which owns income properties comprised of approximately 2.4 million square feet in diversified markets in the United States and an approximately 23.5% interest in Alpine Income Property Trust, Inc., a publicly traded net lease real estate investment trust (NYSE: PINE). More Details
+ 1 more risk
Undervalued established dividend payer.
Share Price & News
How has CTO Realty Growth's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CTO is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: CTO's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: CTO underperformed the US REITs industry which returned 33.5% over the past year.
Return vs Market: CTO underperformed the US Market which returned 52.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is CTO Realty Growth's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is CTO Realty Growth undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CTO ($51.57) is trading below our estimate of fair value ($140.52)
Significantly Below Fair Value: CTO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CTO is good value based on its PE Ratio (2.6x) compared to the US REITs industry average (45.9x).
PE vs Market: CTO is good value based on its PE Ratio (2.6x) compared to the US market (20.4x).
Price to Earnings Growth Ratio
PEG Ratio: CTO's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: CTO is good value based on its PB Ratio (0.9x) compared to the US REITs industry average (1.8x).
How is CTO Realty Growth forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CTO's earnings are forecast to decline over the next 3 years (-86.6% per year).
Earnings vs Market: CTO's earnings are forecast to decline over the next 3 years (-86.6% per year).
High Growth Earnings: CTO's earnings are forecast to decline over the next 3 years.
Revenue vs Market: Insufficient data to determine if CTO's revenue is forecast to grow faster than the US market.
High Growth Revenue: Insufficient data to determine if CTO's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if CTO's Return on Equity is forecast to be high in 3 years time
How has CTO Realty Growth performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CTO has a large one-off gain of $12.6M impacting its March 31 2021 financial results.
Growing Profit Margin: CTO became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: CTO's earnings have grown by 16.8% per year over the past 5 years.
Accelerating Growth: CTO has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: CTO has become profitable in the last year, making it difficult to compare its past year earnings growth to the REITs industry (-8.5%).
Return on Equity
High ROE: CTO's Return on Equity (27.8%) is considered high.
How is CTO Realty Growth's financial position?
Financial Position Analysis
Short Term Liabilities: CTO's short term assets ($30.7M) exceed its short term liabilities ($5.6M).
Long Term Liabilities: CTO's short term assets ($30.7M) do not cover its long term liabilities ($313.5M).
Debt to Equity History and Analysis
Debt Level: CTO's debt to equity ratio (79.3%) is considered high.
Reducing Debt: CTO's debt to equity ratio has reduced from 119.3% to 79.3% over the past 5 years.
Debt Coverage: CTO's debt is not well covered by operating cash flow (6.9%).
Interest Coverage: CTO's interest payments on its debt are not well covered by EBIT (1.8x coverage).
What is CTO Realty Growth current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: CTO's dividend (7.76%) is higher than the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: CTO's dividend (7.76%) is in the top 25% of dividend payers in the US market (3.42%)
Stability and Growth of Payments
Stable Dividend: CTO's dividend payments have been volatile in the past 10 years.
Growing Dividend: CTO's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (49.6%), CTO's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CTO's dividends in 3 years are forecast to be covered by earnings (91.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
John Albright (54 yo)
Mr. John P. Albright serves as President, Chief Executive Officer and Director at Alpine Income Property Trust, Inc. since its formation in August 2019. He has served as a director of CTO since 2012 and ch...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD1.86M) is above average for companies of similar size in the US market ($USD983.24K).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
Experienced Management: CTO's management team is seasoned and experienced (6.6 years average tenure).
Experienced Board: CTO's board of directors are considered experienced (4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 26.3%.
CTO Realty Growth, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: CTO Realty Growth, Inc.
- Ticker: CTO
- Exchange: NYSE
- Founded: 1902
- Industry: Diversified REITs
- Sector: Real Estate
- Market Cap: US$297.870m
- Shares outstanding: 5.96m
- Website: https://ctorealtygrowth.com
Number of Employees
- CTO Realty Growth, Inc.
- 1140 North Williamson Boulevard
- Suite 140
- Daytona Beach
- United States
CTO Realty Growth, Inc. is a Florida-based publicly traded real estate company, which owns income properties comprised of approximately 2.4 million square feet in diversified markets in the United States a...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/06 22:47|
|End of Day Share Price||2021/05/06 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.