Consolidated-Tomoka Land Co., together with its subsidiaries, operates as a diversified real estate operating company in the United States.
+ 1 more risk
Average dividend payer and fair value.
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
Stable Share Price: CTO's share price has been volatile over the past 3 months.
7 Day Return
US Real Estate
1 Year Return
US Real Estate
Return vs Industry: CTO matched the US Real Estate industry which returned -32.5% over the past year.
Return vs Market: CTO underperformed the US Market which returned -8.1% over the past year.
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
4 months ago | Simply Wall StHave Insiders Been Selling Consolidated-Tomoka Land Co. (NYSEMKT:CTO) Shares?
4 months ago | Simply Wall StDoes Consolidated-Tomoka Land Co.'s (NYSEMKT:CTO) P/E Ratio Signal A Buying Opportunity?
5 months ago | Simply Wall StWhat Kind Of Shareholders Own Consolidated-Tomoka Land Co. (NYSEMKT:CTO)?
Is Consolidated-Tomoka Land undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CTO ($40.19) is trading above our estimate of fair value ($12.06)
Significantly Below Fair Value: CTO is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CTO is good value based on its PE Ratio (12.1x) compared to the Real Estate industry average (17.9x).
PE vs Market: CTO is good value based on its PE Ratio (12.1x) compared to the US market (13.3x).
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 (0.7x) compared to the US Real Estate industry average (1x).
How is Consolidated-Tomoka Land 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 (-46.7% per year).
Earnings vs Market: CTO's earnings are forecast to decline over the next 3 years (-46.7% per year).
High Growth Earnings: CTO's earnings are forecast to decline over the next 3 years.
Revenue vs Market: CTO's revenue (13.3% per year) is forecast to grow faster than the US market (6.9% per year).
High Growth Revenue: CTO's revenue (13.3% per year) is forecast to grow slower 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 Consolidated-Tomoka Land performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CTO has a large one-off gain of $22.0M impacting its December 31 2019 financial results.
Growing Profit Margin: CTO's current net profit margins (36.9%) are higher than last year (34.3%).
Past Earnings Growth Analysis
Earnings Trend: CTO's earnings have grown significantly by 29.9% per year over the past 5 years.
Accelerating Growth: CTO's earnings growth over the past year (10.8%) is below its 5-year average (29.9% per year).
Earnings vs Industry: CTO earnings growth over the past year (10.8%) exceeded the Real Estate industry 2.7%.
Return on Equity
High ROE: CTO's Return on Equity (5.8%) is considered low.
How is Consolidated-Tomoka Land's financial position?
Financial Position Analysis
Short Term Liabilities: CTO's short term assets ($153.6M) exceed its short term liabilities ($79.3M).
Long Term Liabilities: CTO's short term assets ($153.6M) do not cover its long term liabilities ($338.5M).
Debt to Equity History and Analysis
Debt Level: CTO's debt to equity ratio (100.6%) is considered high.
Reducing Debt: CTO's debt to equity ratio has increased from 81.1% to 100.6% over the past 5 years.
Debt Coverage: CTO's debt is not well covered by operating cash flow (5.7%).
Interest Coverage: CTO's interest payments on its debt are not well covered by EBIT (1x coverage).
What is Consolidated-Tomoka Land's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CTO's dividend (2.49%) is higher than the bottom 25% of dividend payers in the US market (1.89%).
High Dividend: CTO's dividend (2.49%) is low compared to the top 25% of dividend payers in the US market (5.26%).
Stability and Growth of Payments
Stable Dividend: CTO's dividend payments have been volatile in the past 10 years.
Growing Dividend: CTO's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (13.2%), CTO's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CTO's dividends in 3 years are forecast to be covered by earnings (61.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
John Albright (53yo)
Mr. John P. Albright serves as President, Chief Executive Officer and Director at Alpine Income Property Trust, Inc. since its formation in August 2019. Mr. Albright has been the Chief Executive Officer an ...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD2.27M) is above average for companies of similar size in the US market ($USD1.45M).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
|Senior VP & CFO||8yrs||US$759.64k||0.72% $1.4m|
|Senior Vice President of Investments||8.25yrs||US$771.28k||0.29% $551.7k|
|Senior VP||5.5yrs||US$683.85k||0.35% $678.4k|
|VP & Controller||2.75yrs||no data||no data|
|Vice President of Real Estate||4.75yrs||no data||no data|
|VP, Associate General Counsel & Assistant Corporate Secretary||no data||no data||no data|
Experienced Management: CTO's management team is seasoned and experienced (6.8 years average tenure).
|Independent Director||3.08yrs||US$79.76k||0.088% $169.5k|
|Independent Chairman of the Board||2.92yrs||US$141.42k||0.090% $173.5k|
|Independent Vice Chairman of the Board||2.92yrs||US$88.36k||0.17% $320.7k|
|Independent Director||1.5yrs||US$86.83k||0.12% $233.2k|
|Independent Director||2.42yrs||US$85.32k||0.073% $140.3k|
|Independent Director||1.5yrs||US$83.88k||0.065% $124.6k|
Experienced Board: CTO's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CTO insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Consolidated-Tomoka Land Co.'s company bio, employee growth, exchange listings and data sources
- Name: Consolidated-Tomoka Land Co.
- Ticker: CTO
- Exchange: AMEX
- Founded: 1902
- Industry: Diversified Real Estate Activities
- Sector: Real Estate
- Market Cap: US$192.440m
- Shares outstanding: 4.79m
- Website: https://www.ctlc.com
Number of Employees
- Consolidated-Tomoka Land Co.
- 1140 North Williamson Boulevard
- Suite 140
- Daytona Beach
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CTO||AMEX (NYSE MKT LLC)||Yes||Common Stock||US||USD||Dec 1972|
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, Commercial Loan Investments, Real Estate Operations, and Golf Operations. It owns and manages commercial real estate properties. As of December 31, 2018, the company owned land holdings of approximately 5,400 acres in Daytona Beach area of Volusia County; 40 single-tenant retail buildings located in Arizona, California, Florida, Georgia, Maryland, Massachusetts, Nevada, New Mexico, North Carolina, Oregon, Texas, Virginia, and Washington; 7 multi-tenant income-producing properties located in California, Florida, and Texas; and full or fractional subsurface oil, gas, and mineral interests of approximately 455,000 surface acres in 20 counties in Florida. It also operates a semi-private golf club with two 18-hole championship golf courses, a three-hole practice facility of golf, a clubhouse facility, and a fitness facility. In addition, the company leases land for 18 billboards; and hay production and timber harvesting, as well as owns and manages subsurface interests. Consolidated-Tomoka Land Co. was founded in 1902 and is headquartered in Daytona Beach, Florida.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/09 23:33|
|End of Day Share Price||2020/04/09 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.