AMEX:CTO

Stock Analysis Report

Consolidated-Tomoka Land

Executive Summary

Consolidated-Tomoka Land Co., together with its subsidiaries, operates as a diversified real estate operating company in the United States.

Snowflake

Fundamentals

Acceptable track record and slightly overvalued.

Risks

  • Consolidated-Tomoka Land is covered by less than 3 analysts.

Similar Companies

Share Price & News

How has Consolidated-Tomoka Land's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

3.1%

AMEX:CTO

-3.6%

US Real Estate

-1.9%

US Market


1 Year Return

1.4%

AMEX:CTO

-14.6%

US Real Estate

-3.3%

US Market

CTO outperformed the Real Estate industry which returned -14.3% over the past year.

CTO outperformed the Market in United States of America which returned -3% over the past year.


Share holder returns

CTOIndustryMarket
7 Day3.1%-3.6%-1.9%
30 Day3.2%-7.6%-6.2%
90 Day7.2%-0.9%0.3%
1 Year2.1%1.4%-13.8%-14.6%-1.1%-3.3%
3 Year26.5%24.8%18.2%15.0%37.9%28.9%
5 Year11.3%9.4%-0.2%-3.7%50.8%34.1%

Price Volatility Vs. Market

How volatile is Consolidated-Tomoka Land's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Consolidated-Tomoka Land undervalued based on future cash flows and its price relative to the stock market?

18%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Consolidated-Tomoka Land's share price is below the future cash flow value, but not at a moderate discount (< 20%).

Consolidated-Tomoka Land's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Consolidated-Tomoka Land is good value based on earnings compared to the US Real Estate industry average.

Consolidated-Tomoka Land is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Consolidated-Tomoka Land earnings are not expected to grow next year, we can't assess if its growth is good value.


Price Based on Value of Assets

Consolidated-Tomoka Land is overvalued based on assets compared to the US Real Estate industry average.


Next Steps

Future Growth

How is Consolidated-Tomoka Land expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

-16.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Consolidated-Tomoka Land's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.

Consolidated-Tomoka Land's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

Consolidated-Tomoka Land's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.

Consolidated-Tomoka Land's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.

Consolidated-Tomoka Land's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Consolidated-Tomoka Land will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Consolidated-Tomoka Land performed over the past 5 years?

41.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Consolidated-Tomoka Land has delivered over 20% year on year earnings growth in the past 5 years.

Consolidated-Tomoka Land's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Consolidated-Tomoka Land's 1-year earnings growth is negative, it can't be compared to the US Real Estate industry average.


Return on Equity

Consolidated-Tomoka Land has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Consolidated-Tomoka Land used its assets more efficiently than the US Real Estate industry average last year based on Return on Assets.


Return on Capital Employed

Consolidated-Tomoka Land has improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Consolidated-Tomoka Land's financial position?


Financial Position Analysis

Consolidated-Tomoka Land is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Consolidated-Tomoka Land's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Consolidated-Tomoka Land's level of debt (141.2%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (62.3% vs 141.2% today).

Debt is not well covered by operating cash flow (17.1%, less than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 3.1x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.4x debt.


Next Steps

Dividend

What is Consolidated-Tomoka Land's current dividend yield, its reliability and sustainability?

0.63%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Consolidated-Tomoka Land's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.52%).

Consolidated-Tomoka Land's dividend is below the markets top 25% of dividend payers in United States of America (3.93%).

Consolidated-Tomoka Land is not paying a notable dividend for United States of America, therefore no need to check if the payments are stable.

Consolidated-Tomoka Land is not paying a notable dividend for United States of America, therefore no need to check if the payments are increasing.


Current Payout to Shareholders

No need to calculate the sustainability of Consolidated-Tomoka Land's dividends as it is not paying a notable one for United States of America.


Future Payout to Shareholders

No need to calculate the sustainability of Consolidated-Tomoka Land's dividends in 3 years as they are not expected to pay a notable one for United States of America.


Next Steps

Management

What is the CEO of Consolidated-Tomoka Land's salary, the management and board of directors tenure and is there insider trading?

6.1yrs

Average management tenure


CEO

John Albright (53yo)

8.0yrs

Tenure

US$2,031,912

Compensation

Mr. John P. Albright has been the Chief Executive Officer and President of Consolidated Tomoka Land Co. since August 1, 2011. Mr. Albright served Managing Director of Finance for Crescent Real Estate Equit ...


CEO Compensation Analysis

John's remuneration is about average for companies of similar size in United States of America.

John's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Management Age and Tenure

6.1yrs

Average Tenure

53yo

Average Age

The average tenure for the Consolidated-Tomoka Land management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

2.3yrs

Average Tenure

53yo

Average Age

The average tenure for the Consolidated-Tomoka Land board of directors is less than 3 years, this suggests a new board.


Insider Trading

Consolidated-Tomoka Land individual insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$299,62311 Jun 19
Mark Patten
EntityIndividual
Role
Chief Financial Officer
Senior VP & CFO
Shares5,000
Max PriceUS$59.92
BuyUS$29,55014 May 19
George Brokaw
EntityIndividual
Role
Member of the Board of Directors
Director
Shares500
Max PriceUS$59.10
BuyUS$29,56009 May 19
Casey Wold
EntityIndividual
Role
Member of the Board of Directors
Director
Shares500
Max PriceUS$59.12
SellUS$85,419,12511 Apr 19
Wintergreen Advisers, LLC
EntityCompany
Shares1,553,075
Max PriceUS$55.00
BuyUS$24,78007 Mar 19
R. Gable
EntityIndividual
Role
Member of the Board of Directors
Director
Shares420
Max PriceUS$59.00
BuyUS$41,82007 Mar 19
George Brokaw
EntityIndividual
Role
Member of the Board of Directors
Director
Shares700
Max PriceUS$60.00
BuyUS$6,00001 Mar 19
George Brokaw
EntityIndividual
Role
Member of the Board of Directors
Director
Shares100
Max PriceUS$60.00
BuyUS$48021 Feb 19
George Brokaw
EntityIndividual
Role
Member of the Board of Directors
Director
Shares8
Max PriceUS$60.00
BuyUS$25,10821 Feb 19
R. Gable
EntityIndividual
Role
Member of the Board of Directors
Director
Shares415
Max PriceUS$60.50
BuyUS$8,86621 Feb 19
Steven Greathouse
EntityIndividual
Role
Chief Investment Officer
Senior Vice President of Investments
Shares146
Max PriceUS$61.00
BuyUS$32,33619 Feb 19
George Brokaw
EntityIndividual
Role
Member of the Board of Directors
Director
Shares538
Max PriceUS$60.11

Ownership Breakdown


Management Team

  • Mark Patten (55yo)

    Senior VP & CFO

    • Tenure: 7.3yrs
    • Compensation: US$671.04k
  • Teresa Thornton-Hill

    VP, Corporate Counsel & Assistant Corporate Secretary

    • Tenure: 0.0yrs
  • John Albright (53yo)

    President

    • Tenure: 8.0yrs
    • Compensation: US$2.03m
  • Steven Greathouse (41yo)

    Senior Vice President of Investments

    • Tenure: 7.6yrs
    • Compensation: US$643.40k
  • Dan Smith (53yo)

    Senior VP

    • Tenure: 4.8yrs
    • Compensation: US$608.10k
  • E. Bullock

    Vice President of Real Estate

    • Tenure: 4.1yrs
  • Lisa Vorakoun

    VP & Controller

    • Tenure: 2.1yrs

Board Members

  • Casey Wold (61yo)

    Director

    • Tenure: 2.4yrs
    • Compensation: US$64.90k
  • Laura Franklin (58yo)

    Chairman of the Board

    • Tenure: 2.3yrs
    • Compensation: US$131.89k
  • Howard Serkin (73yo)

    Vice Chairman of the Board

    • Tenure: 2.3yrs
    • Compensation: US$82.38k
  • George Brokaw (51yo)

    Director

    • Tenure: 0.8yrs
    • Compensation: US$18.17k
  • John Albright (53yo)

    President

    • Tenure: 8.0yrs
    • Compensation: US$2.03m
  • Chris Haga (51yo)

    Director

    • Tenure: 1.8yrs
    • Compensation: US$72.34k
  • Blake Gable (48yo)

    Director

    • Tenure: 0.8yrs
    • Compensation: US$10.71k

Company Information

Consolidated-Tomoka Land Co.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Consolidated-Tomoka Land Co.
  • Ticker: CTO
  • Exchange: AMEX
  • Founded: 1902
  • Industry: Diversified Real Estate Activities
  • Sector: Real Estate
  • Market Cap: US$315.276m
  • Shares outstanding: 4.93m
  • Website: https://www.ctlc.com

Number of Employees


Location

  • Consolidated-Tomoka Land Co.
  • 1140 North Williamson Boulevard
  • Suite 140
  • Daytona Beach
  • Florida
  • 32114
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CTOAMEX (NYSE MKT LLC)YesCommon StockUSUSDDec 1972

Biography

Consolidated-Tomoka Land Co., together with its subsidiaries, operates as a diversified real estate operating company in the United States. The company operates through four segments: Income Properties, Co ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/25 23:35
End of Day Share Price2019/08/23 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.