AMEX:CTO

Stock Analysis Report

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Executive Summary

CTO Realty Growth, Inc. operates as a diversified real estate operating company in the United States. More Details


Snowflake Analysis

Average dividend payer and fair value.


Similar Companies

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 +/- 8% a week.

Volatility Over Time: CTO's weekly volatility (8%) has been stable over the past year.


Market Performance


7 Day Return

9.2%

CTO

1.8%

US REITs

-0.9%

US Market


1 Year Return

-30.1%

CTO

-10.8%

US REITs

19.6%

US Market

Return vs Industry: CTO underperformed the US REITs industry which returned -11.6% over the past year.

Return vs Market: CTO underperformed the US Market which returned 21% over the past year.


Shareholder returns

CTOIndustryMarket
7 Day9.2%1.8%-0.9%
30 Day11.8%-0.3%3.0%
90 Day-1.9%4.1%11.5%
1 Year-27.4%-30.1%-6.5%-10.8%22.3%19.6%
3 Year-27.7%-31.3%25.9%10.3%45.3%35.7%
5 Year4.7%-1.0%53.0%21.5%124.8%99.9%

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

Valuation

Is CTO Realty Growth undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CTO ($45.85) is trading below our estimate of fair value ($153.17)

Significantly Below Fair Value: CTO is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CTO is unprofitable, so we can't compare its PE Ratio to the US REITs industry average.

PE vs Market: CTO is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CTO's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CTO is good value based on its PB Ratio (0.8x) compared to the US REITs industry average (1.6x).


Next Steps

Future Growth

How is CTO Realty Growth forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

-67.8%

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 (-67.8% per year).

Earnings vs Market: CTO is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: CTO's is expected to become profitable in the next 3 years.

Revenue vs Market: CTO's revenue (18.4% per year) is forecast to grow faster than the US market (10.2% per year).

High Growth Revenue: CTO's revenue (18.4% 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


Next Steps

Past Performance

How has CTO Realty Growth performed over the past 5 years?

-9.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CTO is currently unprofitable.

Growing Profit Margin: CTO is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CTO is unprofitable, and losses have increased over the past 5 years at a rate of 9.2% per year.

Accelerating Growth: Unable to compare CTO's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CTO is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (2.9%).


Return on Equity

High ROE: CTO has a negative Return on Equity (-0.094%), as it is currently unprofitable.


Next Steps

Financial Health

How is CTO Realty Growth's financial position?


Financial Position Analysis

Short Term Liabilities: CTO's short term assets ($59.1M) exceed its short term liabilities ($34.8M).

Long Term Liabilities: CTO's short term assets ($59.1M) do not cover its long term liabilities ($369.7M).


Debt to Equity History and Analysis

Debt Level: CTO's debt to equity ratio (99.3%) is considered high.

Reducing Debt: CTO's debt to equity ratio has reduced from 109.3% to 99.3% over the past 5 years.

Debt Coverage: CTO's debt is not well covered by operating cash flow (4.1%).

Interest Coverage: CTO is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is CTO Realty Growth current dividend yield, its reliability and sustainability?

8.72%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CTO's dividend (8.72%) is higher than the bottom 25% of dividend payers in the US market (1.38%).

High Dividend: CTO's dividend (8.72%) is in the top 25% of dividend payers in the US market (3.84%)


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 (41.9%), CTO's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.3yrs

Average management tenure


CEO

John Albright (54 yo)

9.42yrs

Tenure

US$2,265,400

Compensation

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 ($USD2.27M) is above average for companies of similar size in the US market ($USD1.02M).

Compensation vs Earnings: John's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
John Albright
President9.42yrsUS$2.27m2.5%
$ 5.4m
Steven Greathouse
Senior Vice President of Investments9yrsUS$771.28k0.29%
$ 629.4k
Daniel Smith
Senior VP6.25yrsUS$683.85k0.37%
$ 796.9k
Matthew Partridge
Senior VP0.25yrno data0.11%
$ 238.4k
Lisa Vorakoun
VP & Chief Accounting Officer1yrno datano data
Teresa Thornton-Hill
VP, Corporate Counsel & Assistant Corporate Secretaryno datano datano data

6.3yrs

Average Tenure

48yo

Average Age

Experienced Management: CTO's management team is seasoned and experienced (6.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
John Albright
President9.42yrsUS$2.27m2.5%
$ 5.4m
Casey Wold
Independent Director3.83yrsUS$79.76k0.14%
$ 299.2k
Laura Franklin
Independent Chairman of the Board3.67yrsUS$141.42k0.14%
$ 305.4k
Howard Serkin
Independent Vice Chairman of the Board3.67yrsUS$88.36k0.24%
$ 526.6k
George Brokaw
Independent Director2.25yrsUS$86.83k0.27%
$ 574.8k
Christopher Haga
Independent Director3.17yrsUS$85.32k0.15%
$ 334.1k
R. Gable
Independent Director2.25yrsUS$83.88k0.11%
$ 236.3k

3.7yrs

Average Tenure

54yo

Average Age

Experienced Board: CTO's board of directors are considered experienced (3.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: CTO insiders have sold more shares than they have bought in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

CTO Realty Growth, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: CTO Realty Growth, Inc.
  • Ticker: CTO
  • Exchange: AMEX
  • Founded: 1902
  • Industry: Diversified REITs
  • Sector: Real Estate
  • Market Cap: US$216.265m
  • Shares outstanding: 4.72m
  • Website: https://ctorealtygrowth.com

Number of Employees


Location

  • CTO Realty Growth, Inc.
  • 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

CTO Realty Growth, Inc. operates as a diversified real estate operating company in the United States. The company operates in four segments: Income Properties, Management Services, Commercial Loan Investme...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/16 00:27
End of Day Share Price2021/01/15 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.