Should I buy or sell CTO Realty Growth stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CTO Realty Growth in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CTO shares. View CTO analyst ratings or view top-rated stocks .

What is CTO Realty Growth's stock price target for 2024?

4 analysts have issued 1 year price targets for CTO Realty Growth's shares. Their CTO share price targets range from $19.00 to $21.00. On average, they expect the company's share price to reach $20.00 in the next year. This suggests a possible upside of 19.6% from the stock's current price. View analysts price targets for CTO or view top-rated stocks among Wall Street analysts .

How have CTO shares performed in 2024?

CTO Realty Growth's stock was trading at $17.33 on January 1st, 2024. Since then, CTO stock has decreased by 3.5% and is now trading at $16.72. View the best growth stocks for 2024 here .

When is CTO Realty Growth's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our CTO earnings forecast .

How can I listen to CTO Realty Growth's earnings call?

CTO Realty Growth will be holding an earnings conference call on Friday, May 3rd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link .

How were CTO Realty Growth's earnings last quarter?

CTO Realty Growth, Inc. (NYSE:CTO) issued its quarterly earnings data on Thursday, April, 28th. The company reported ($0.06) earnings per share for the quarter, missing analysts' consensus estimates of $0.36 by $0.41. CTO Realty Growth had a net margin of 5.07% and a trailing twelve-month return on equity of 1.17%. During the same quarter in the prior year, the company earned $0.32 earnings per share.

How often does CTO Realty Growth pay dividends? What is the dividend yield for CTO Realty Growth?

CTO Realty Growth declared a quarterly dividend on Tuesday, February 20th. Investors of record on Thursday, March 14th will be paid a dividend of $0.38 per share on Thursday, March 28th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 9.09%. The ex-dividend date of this dividend is Wednesday, March 13th. Read our dividend analysis for CTO .

Is CTO Realty Growth a good dividend stock?

CTO Realty Growth (NYSE:CTO) pays an annual dividend of $1.52 per share and currently has a dividend yield of 9.19%. CTO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 5,066.67%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, CTO will have a dividend payout ratio of 86.86% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for CTO .

What ETFs hold CTO Realty Growth's stock?

ETFs with the largest weight of CTO Realty Growth (NYSE:CTO) stock in their portfolio include ALPS REIT Dividend Dogs ETF (RDOG) . Hoya Capital High Dividend Yield ETF (RIET) .

When did CTO Realty Growth's stock split?

CTO Realty Growth's stock split on Friday, July 1st 2022. The 3-1 split was announced on Friday, July 1st 2022. The newly minted shares were payable to shareholders after the closing bell on Friday, July 1st 2022. An investor that had 100 shares of stock prior to the split would have 300 shares after the split.

What guidance has CTO Realty Growth issued on next quarter's earnings?

CTO Realty Growth issued an update on its FY 2024 earnings guidance on Thursday, February, 22nd. The company provided earnings per share guidance of 1.700-1.780 for the period, compared to the consensus estimate of 1.580. The company issued revenue guidance of -.

How do I buy shares of CTO Realty Growth?

Shares of CTO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:CTO

CTO Realty Growth (CTO) Stock Price, News & Analysis

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Free CTO Stock Alerts

$16.72

+0.11 (+0.66%)

(As of 04/18/2024 ET)

Compare

Today's Range: $16.61
▼
$16.77
50-Day Range: $16.19
▼
$17.23
52-Week Range: $15.63
▼
$18.03

Volume: 112,007 shs
Average Volume: 126,233 shs
Market Capitalization: $381.38 million

P/E Ratio: 557.33
Dividend Yield: 9.09%
Price Target: $20.00

Get CTO Realty Growth alerts:

CTO Realty Growth MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 19.6% Upside
$20.00 Price Target
Short Interest: Healthy
3.75% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 10.06%
From $1.59 to $1.75 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.51 out of 5 stars

Finance Sector

572nd out of 822 stocks

Real Estate Investment Trusts Industry

115th out of 176 stocks

2.5

Analyst's Opinion

Consensus Rating
CTO Realty Growth has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
CTO Realty Growth has only been the subject of 2 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
3.75% of the outstanding shares of CTO Realty Growth have been sold short.
Short Interest Ratio / Days to Cover
CTO Realty Growth has a short interest ratio ("days to cover") of 6.9.
Change versus previous month
Short interest in CTO Realty Growth has recently decreased by 2.92%, indicating that investor sentiment is improving.

1.7

Dividend Strength

Dividend Leadership
CTO Realty Growth is a leading dividend payer. It pays a dividend yield of 9.19%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
CTO Realty Growth does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of CTO Realty Growth is 5,066.67%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, CTO Realty Growth will have a dividend payout ratio of 86.86% in the coming year. This indicates that CTO Realty Growth may not be able to sustain their current dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CTO.

2.0

News and Social Media Coverage

News Sentiment
CTO Realty Growth has a news sentiment score of -0.40. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Finance companies.
Search Interest
14 people have searched for CTO on MarketBeat in the last 30 days. This is an increase of 180% compared to the previous 30 days.
MarketBeat Follows
37 people have added CTO Realty Growth to their MarketBeat watchlist in the last 30 days. This is an increase of 640% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, CTO Realty Growth insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 5.00% of the stock of CTO Realty Growth is held by insiders.
Percentage Held by Institutions
67.18% of the stock of CTO Realty Growth is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for CTO Realty Growth are expected to grow by 10.06% in the coming year, from $1.59 to $1.75 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of CTO Realty Growth is 557.33, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 143.80.
Price to Earnings Ratio vs. Sector
The P/E ratio of CTO Realty Growth is 557.33, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 58.74.
Price to Book Value per Share Ratio
CTO Realty Growth has a P/B Ratio of 0.83. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About CTO Realty Growth Stock (NYSE:CTO)

CTO Realty Growth, Inc. is a publicly traded real estate investment trust that owns and operates a portfolio of high-quality, retail-based properties located primarily in higher growth markets in the United States. CTO also externally manages and owns a meaningful interest in Alpine Income Property Trust, Inc. (NYSE: PINE), a publicly traded net lease REIT.

CTO Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CTO Stock News Headlines

April 9, 2024 | markets.businessinsider.com

Maintaining Neutral on AIRC: Weighing Acquisition Premium Against Market Challenges

April 9, 2024 | americanbankingnews.com

CTO Realty Growth (NYSE:CTO) Now Covered by Alliance Global Partners

April 18, 2024 | Crypto 101 Media (Ad)

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April 4, 2024 | globenewswire.com

CTO Realty Growth Announces Pricing of Public Offering of 6.375% Series A Cumulative Redeemable Preferred Stock

April 3, 2024 | msn.com

The 7 Most Undervalued REITs to Buy in April 2024

April 3, 2024 | globenewswire.com

CTO Realty Growth Announces Commencement of Public Offering of 6.375% Series A Cumulative Redeemable Preferred Stock

April 2, 2024 | theglobeandmail.com

3 Highest Yielding REITS To Buy and Hold Forever

March 28, 2024 | bizjournals.com

Landing makes $30M company acquisition

April 18, 2024 | Crypto 101 Media (Ad)

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March 27, 2024 | globenewswire.com

CTO Realty Growth Announces First Quarter 2024 Earnings Release and Conference Call Information

March 26, 2024 | msn.com

Prime Seminole County shopping center sells for $68.7M

March 25, 2024 | bizjournals.com

Prime Sanford shopping center near Seminole Towne Center sells for $68.7 million

March 21, 2024 | finance.yahoo.com

CTO Realty Growth Announces Acquisition of 318,000 Square Foot Retail Power Center in Orlando, Florida for $68.7 Million

March 20, 2024 | bizjournals.com

Heritage adds to Santa Fe portfolio; Nob Hill venue nears debut

March 19, 2024 | msn.com

CTO Realty announces sale of mixed-use property in Santa Fe for $20M

March 19, 2024 | globenewswire.com

CTO Realty Growth Announces Sale of Mixed-Use Property in Santa Fe, New Mexico for $20.0 Million

March 17, 2024 | seekingalpha.com

March Madness: It's Time For A Cinderella Story (3 Small-Cap REITs)

March 13, 2024 | seekingalpha.com

Gladstone Commercial files $1.3B mixed securities shelf

March 13, 2024 | bizjournals.com

Meet the 2024 Atlanta Inno Startups to Watch

March 12, 2024 | incomeinvestors.com

CTO Realty Growth Stock a 9%-Yielder for Contrarian Investors

March 12, 2024 | finance.yahoo.com

Oligo Security Builds Superstar Leadership Team With Key Industry Hires

March 12, 2024 | finanznachrichten.de

CTO Realty Growth, Inc.: CTO Realty Growth Provides Year-To-Date Leasing Update

March 11, 2024 | globenewswire.com

CTO Realty Growth Provides Year-To-Date Leasing Update

February 29, 2024 | finanznachrichten.de

CTO Realty Growth, Inc.: CTO Realty Growth Announces Chief Financial Officer Transition

February 28, 2024 | news.yahoo.com

Albuquerque real estate titan buys Santa Fe office complex

February 28, 2024 | marketwatch.com

CTO Realty Growth Finance Chief Partridge to Retire

February 28, 2024 | markets.businessinsider.com

CTO Realty Growth Announces Chief Financial Officer Transition

See More Headlines

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Company Calendar

Last Earnings: 4/28/2022
Ex-Dividend for 3/28 Dividend: 3/13/2024
Dividend Payable: 3/28/2024
Today: 4/18/2024
Next Earnings (Confirmed): 5/02/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Finance
Industry: Real estate investment trusts
Sub-Industry: N/A
Current Symbol: NYSE:CTO
CUSIP: N/A
CIK: 23795
Web: ctorealtygrowth.com
Phone: (386) 274-2202
Fax: 386-274-1223
Employees: 33
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $20.00
High Stock Price Target: $21.00
Low Stock Price Target: $19.00
Potential Upside/Downside: +19.5%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.03
Trailing P/E Ratio: 558.00
Forward P/E Ratio: 10.53
P/E Growth: N/A
Net Income: $5.53 million
Net Margins: 5.07%
Pretax Margin: 5.62%
Return on Equity: 1.17%
Return on Assets: 0.54%

Debt

Debt-to-Equity Ratio: 1.08
Current Ratio: 3.77
Quick Ratio: 3.77

Sales & Book Value

Annual Sales: $109.12 million
Price / Sales: 3.50
Cash Flow: $2.37 per share
Price / Cash Flow: 7.06
Book Value: $20.17 per share
Price / Book: 0.83

Miscellaneous

Outstanding Shares: 22,810,000
Free Float: 21,669,000
Market Cap: $381.84 million
Optionable: Not Optionable
Beta: 0.77

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Key Executives

Mr. John P. Albright (Age 58)
President, CEO & Director
Comp: $1.28M
Mr. Matthew Morris Partridge (Age 40)
Senior VP, CFO & Treasurer
Comp: $846.44k
Mr. Steven Robert Greathouse (Age 46)
Senior VP & Chief Investment Officer
Comp: $846.49k
Mr. Daniel E. Smith Esq. (Age 58)
Senior VP, General Counsel & Corporate Secretary
Comp: $604.1k
Ms. Lisa M. Vorakoun
VP & Chief Accounting Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CTO Stock Analysis - Frequently Asked Questions

Should I buy or sell CTO Realty Growth stock right now?: 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CTO Realty Growth in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CTO shares.
View CTO analyst ratings or view top-rated stocks.
What is CTO Realty Growth's stock price target for 2024?: 4 analysts have issued 1 year price targets for CTO Realty Growth's shares. Their CTO share price targets range from $19.00 to $21.00. On average, they expect the company's share price to reach $20.00 in the next year. This suggests a possible upside of 19.6% from the stock's current price.
View analysts price targets for CTO or view top-rated stocks among Wall Street analysts.
How have CTO shares performed in 2024?: CTO Realty Growth's stock was trading at $17.33 on January 1st, 2024. Since then, CTO stock has decreased by 3.5% and is now trading at $16.72.
View the best growth stocks for 2024 here.
When is CTO Realty Growth's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our CTO earnings forecast.
How can I listen to CTO Realty Growth's earnings call?: CTO Realty Growth will be holding an earnings conference call on Friday, May 3rd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.
How were CTO Realty Growth's earnings last quarter?: CTO Realty Growth, Inc. (NYSE:CTO) issued its quarterly earnings data on Thursday, April, 28th. The company reported ($0.06) earnings per share for the quarter, missing analysts' consensus estimates of $0.36 by $0.41. CTO Realty Growth had a net margin of 5.07% and a trailing twelve-month return on equity of 1.17%. During the same quarter in the prior year, the company earned $0.32 earnings per share.

How often does CTO Realty Growth pay dividends? What is the dividend yield for CTO Realty Growth?: CTO Realty Growth declared a quarterly dividend on Tuesday, February 20th. Investors of record on Thursday, March 14th will be paid a dividend of $0.38 per share on Thursday, March 28th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 9.09%. The ex-dividend date of this dividend is Wednesday, March 13th.
Read our dividend analysis for CTO.
Is CTO Realty Growth a good dividend stock?: CTO Realty Growth (NYSE:CTO) pays an annual dividend of $1.52 per share and currently has a dividend yield of 9.19%. CTO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 5,066.67%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, CTO will have a dividend payout ratio of 86.86% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for CTO.
What ETFs hold CTO Realty Growth's stock?: ETFs with the largest weight of CTO Realty Growth (NYSE:CTO) stock in their portfolio include ALPS REIT Dividend Dogs ETF (RDOG).Hoya Capital High Dividend Yield ETF (RIET).
When did CTO Realty Growth's stock split?: CTO Realty Growth's stock split on Friday, July 1st 2022. The 3-1 split was announced on Friday, July 1st 2022. The newly minted shares were payable to shareholders after the closing bell on Friday, July 1st 2022. An investor that had 100 shares of stock prior to the split would have 300 shares after the split.
What guidance has CTO Realty Growth issued on next quarter's earnings?: CTO Realty Growth issued an update on its FY 2024 earnings guidance on Thursday, February, 22nd. The company provided earnings per share guidance of 1.700-1.780 for the period, compared to the consensus estimate of 1.580. The company issued revenue guidance of -.
How do I buy shares of CTO Realty Growth?: Shares of CTO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:CTO) was last updated on 4/18/2024 by MarketBeat.com Staff

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