CTO Realty Growth

CTO Realty Growth, Inc. operates as a real estate company. It owns and manages commercial real estate properties. The company was founded in 1910 and is headquartered in Daytona Beach, FL.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q3 2023

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Earnings data Q3 2024

Earnings data Q4 2024

CTO Realty Growth Achieves Record Growth in 2022, Eyes Strategic Acquisitions for Future Success

CTO Realty Growth's robust performance in 2022 sets a strong foundation for continued success in 2023. Despite challenges with certain tenants, the company remains focused on maximizing value and pursuing growth opportunities.

CTO Realty Growth excels in Q1 2023 with strategic growth initiatives

CTO Realty Growth's Q1 2023 earnings call highlighted strong performance, strategic investments, and a focus on shareholder value. The company's proactive approach to repositioning properties and utilizing tax-efficient strategies positions them well for future growth and capital optimization.

CTO Realty Growth reports active Q2 investments amidst financial challenges

CTO Realty Growth's Q2 showcased active investment and leasing strategies.
While facing challenges like expense increases and NOI decline, the company maintains a focus on optimizing its portfolio.
Opportunities lie in cost management, strategic investments, and revenue growth.
Overall, CTO Realty Growth aims to navigate short-term challenges for long-term value creation.

CTO Realty Growth excels in Q3, eyes growth amidst challenges

CTO Realty Growth's Q3 performance was marked by strong leasing activity, strategic dispositions, and increased guidance. While challenges persist in the uncertain market environment, the company remains focused on creating long-term value for shareholders and capitalizing on growth opportunities.

CTO Realty Growth excels in Q4 2023, poised for strategic growth

CTO Realty Growth delivered exceptional financial results in Q4 2023, exceeding expectations with significant core FFO and AFFO per share growth. The company's focus on retail properties, successful leasing activities, and strategic investments highlight a robust performance trajectory. While challenges in balancing investment needs and shareholder expectations exist, CTO Realty Growth's opportunities for growth and value creation remain promising.

CTO Realty Growth excels in Q1 2024, eyes growth opportunities

CTO Realty Growth demonstrated robust leasing activity, improved occupancy rates, and strong financial performance in Q1 2024.
The company's proactive leasing strategies and financial maneuvers have enhanced its position in the market.
While facing challenges in debt management and portfolio optimization, CTO Realty Growth is poised to capitalize on growth opportunities.
Investors should take note of the company's positive performance and strategic moves to navigate market challenges and drive future growth.

CTO Realty Growth excels in Q2, eyes expansion amid challenges

CTO Realty Growth's Q2 performance reflects operational excellence, growth potential, and strategic focus on enhancing shareholder value.
While facing challenges from market dynamics, the company's strengths in occupancy rates, asset monetization, and financial guidance position it well for the future.
By capitalizing on opportunities in leasing, investments, and financial management, CTO Realty Growth can navigate challenges and drive sustainable growth.

CTO Realty Growth excels in Q3, eyes growth through acquisitions

CTO Realty Growth delivered a solid quarter with notable achievements across all business segments, showcasing growth in core FFO and leasing activity.
The company's strategic investments, improved leverage, and raised guidance reflect a positive outlook for future performance and expansion.
While challenges exist in a dynamic market environment, CTO Realty Growth's strong performance and focus on high-quality assets position them well for continued success.

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CTO Realty Growth, Inc. operates as a real estate company. It owns and manages commercial real estate properties. The company was founded in 1910 and is headquartered in Winter Park, FL.

WINTER PARK, Fla., Feb. 24, 2022 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced its operating results and earnings for the quarter and year ended December 31, 2021.

CTO Realty Growth Reports Fourth Quarter and Full Year 2021 Operating Results

WINTER PARK, Fla., Feb. 23, 2022 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) announced today that its Board of Directors has authorized, and the Company has declared an 8.0% increase in the Company's quarterly cash dividend to $1.08 per share of common stock for the first quarter of 2022, as compared to its previous quarterly cash dividend of $1.00 per share of common stock. The dividend is payable on March 31, 2022 to stockholders of record as of the close of business on March 10, 2022. The ex-dividend date for the first quarter 2022 cash dividend is March 9, 2022. The first quarter 2022 cash dividend represents an annualized yield of approximately 7.4% based on the closing price of the common stock on February 22, 2022.

CTO Realty Growth Increases Quarterly Dividend By 8.0% and Declares Dividends for the First Quarter 2022

CTO Realty (CTO) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.

Here's Why CTO Realty (CTO) Could be Great Choice for a Bottom Fisher

CTO has done a great job recycling capital and transforming its portfolio in 2021. The REIT's portfolio is now primarily made up of retail mixed-use properties in Sun Belt states.

CTO Realty Growth: This Old Dog Has Learned Some New Tricks

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Blackstone Mortgage Trust and CTO Realty Growth both pay out nicely from very different business models.

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WINTER PARK, Fla., Jan. 18, 2022 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced the appointment of Christopher J. Drew to its Board of Directors (the “Board”), such appointment to be effective January 18, 2022.

CTO Realty Growth Appoints Chris Drew to its Board of Directors

WINTER PARK, Fla., Jan. 07, 2022 (GLOBE NEWSWIRE) -- CTO Realty Growth (NYSE: CTO) (the “Company”) announced today that it will report its financial and operating results for the fourth quarter and full year 2021 after the market closes on Thursday, February 24, 2022. A conference call to discuss its financial and operating results is scheduled for Friday, February 25, 2022 at 9:00 AM ET (the “Earnings Call”).

CTO Realty Growth Announces Fourth Quarter 2021 Earnings Release and Conference Call Information

WINTER PARK, Fla., Jan. 05, 2022 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced its record 2021 acquisition and disposition activities.

CTO Realty Growth Announces Record 2021 Transaction Activity

DAYTONA BEACH, Fla., Dec. 30, 2021 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced it has acquired Phase I of The Exchange at Gwinnett, a grocery-anchored retail property in the Buford submarket of Atlanta, Georgia (the “Property”) for $34.0 million. The purchase price represents a going-in cap rate within the range of the Company's guidance for initial cash yields. The Company also announced the sale of a vacant six-acre development land parcel in downtown Daytona Beach, Florida for $6.3 million.

CTO Realty Growth Announces Acquisition of a Grocery-Anchored Retail Property in Atlanta, Georgia and Sale of Its Downtown Daytona Beach Land Parcel

DAYTONA BEACH, Fla., Dec. 21, 2021 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced the acquisition of a mixed-use property totaling approximately 137,000 square feet in downtown Santa Fe, New Mexico (the “Property”) for $16.3 million, or $118 per square foot. The Company also announced the sale of a single tenant property located in Falls Church, Virginia leased to 24 Hour Fitness.

CTO Realty Growth Announces Acquisition of a Mixed-Use Property in Santa Fe, New Mexico and Sale of a Single Tenant Property in Falls Church, Virginia

DAYTONA BEACH, Fla., Dec. 21, 2021 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced the acquisition of a 28,000-square foot property in the Winter Park suburb of Orlando, Florida (the “Property”) for $13.2 million.

CTO Realty Growth Announces Acquisition in Orlando, Florida and New Corporate Office Location

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DAYTONA BEACH, Fla., Dec. 10, 2021 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced the joint venture entity that holds the remaining Daytona Beach land portfolio of approximately 1,600 acres (the “Land Venture”) has completed the sale of all of its remaining land for $66.3 million (the “Land Venture Sale”) to Timberline Acquisition Partners, an affiliate of Timberline Real Estate Partners. Proceeds to CTO after distributions to the other member of the Land Venture and before taxes are estimated to be approximately $24.4 million.

CTO Realty Growth Completes Sale of the Remaining Daytona Beach Land Within Its Land Joint Venture

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Monthly update of the Dividend Champions List. 75 companies declared higher dividends in the past month, with an average increase of 8.55% over their previous payouts.

Dividend Champions For December 2021

DAYTONA BEACH, Fla., Dec. 02, 2021 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced the acquisition of Beaver Creek Crossings, a 320,600 square foot multi-tenant retail property in the Apex submarket of Raleigh, North Carolina (the “Property”) for $70.5 million. The purchase price represents a going-in cap rate within the range of the Company's guidance for initial cash yields.

CTO Realty Growth Announces Acquisition of Beaver Creek Crossings in Raleigh, North Carolina for $70.5 Million

DAYTONA BEACH, Fla., Nov. 29, 2021 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) announced today that its Board of Directors has authorized, and the Company has declared a quarterly cash dividend of $1.00 per share of common stock for the fourth quarter of 2021. The dividend is payable on December 30, 2021 to stockholders of record as of the close of business on December 9, 2021. The ex-dividend date for the fourth quarter 2021 cash dividend is December 8, 2021. The fourth quarter 2021 cash dividend represents an annualized yield of approximately 7.3% based on the closing price of the common stock on November 26, 2021. Including the fourth quarter 2021 cash dividend, the Company has declared and will pay cash dividends totaling $4.00 per share of common stock for the full year 2021.

CTO Realty Growth Declares Quarterly Dividends for the Fourth Quarter 2021

DAYTONA BEACH, Fla., Nov. 08, 2021 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced that it has successfully amended its unsecured credit agreement to originate a new $100.0 million unsecured term loan (the “Term Loan”). Proceeds from the Term Loan were used to repay outstanding balances on the Company's revolving unsecured credit facility.

CTO Realty Growth Announces New $100 Million Term Loan

CTO Realty Growth, Inc. (CTO) CEO John Albright on Q3 2021 Results - Earnings Call Transcript

DAYTONA BEACH, Fla., Oct. 28, 2021 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced its operating results and earnings for the quarter ended September 30, 2021.

CTO Realty Growth Reports Third Quarter 2021 Operating Results

CTO used to be a C-corp called Consolidated-Tomoka Land that developed and owned a wide variety of assets, including raw land, golf courses, and various real estate. Today, CTO has nearly completed its simplification process by selling its non-core assets and focusing on retail-based mixed-use properties.

CTO Realty Growth Is Executing Well On Capital Recycling And Still Yields 7.5%

DAYTONA BEACH, Fla., Sept. 29, 2021 (GLOBE NEWSWIRE) -- CTO Realty Growth (NYSE: CTO) (the “Company”) announced today that it will report its financial and operating results for the third quarter 2021 after the market closes on Thursday, October 28, 2021. A conference call to discuss its financial and operating results is scheduled for Friday, October 29, 2021 at 9:00 AM ET (the “Earnings Call”).

CTO Realty Growth Announces Third Quarter 2021 Earnings Release and Conference Call Information

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CTO Realty Growth Announces Recent Disposition Activity

DAYTONA BEACH, Fla., Aug. 23, 2021 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) announced today that its Board of Directors has authorized, and the Company has declared a quarterly cash dividend of $1.00 per share of common stock for the third quarter of 2021. The dividend is payable on September 30, 2021 to stockholders of record as of the close of business on September 9, 2021. The 2021 third quarter cash dividend represents an annualized yield of approximately 7.4% based on the closing price of the common stock on August 20, 2021.

UPDATE -- CTO Realty Growth Declares Quarterly Dividends for the Third Quarter 2021

CTO Realty Growth Declares Quarterly Dividends for the Third Quarter 2021

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Historical dividend growth is usually a sign that a stock has done well in the past, but it is not a great indicator of future success.

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