CTO Realty Growth (CTO) Projected to Post Quarterly Earnings on Thursday

CTO Realty Growth (NYSE:CTO) will likely be issuing its Q1 2025 quarterly earnings data after the market closes on Thursday, May 1st. Analysts expect CTO Realty Growth to post earnings of $0.50 per share and revenue of $35.26 million for the quarter. CTO Realty Growth has set its FY 2025 guidance at 1.930-1.980 EPS.

CTO Realty Growth (NYSE:CTO) last announced its earnings results on Thursday, February 20th. The company reported $0.49 earnings per share for the quarter, topping analysts’ consensus estimates of $0.01 by $0.48. The business had revenue of $35.74 million during the quarter, compared to the consensus estimate of $33.39 million. CTO Realty Growth had a negative net margin of 1.58% and a negative return on equity of 0.38%. On average, analysts expect CTO Realty Growth to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

CTO Realty Growth Trading Down 0.3 %

Shares of NYSE CTO opened at $18.15 on Thursday. The firm’s 50 day moving average price is $18.68 and its 200-day moving average price is $19.37. CTO Realty Growth has a 52-week low of $16.12 and a 52-week high of $21.15. The company has a debt-to-equity ratio of 0.88, a quick ratio of 3.96 and a current ratio of 3.96. The company has a market cap of $577.95 million, a PE ratio of -82.50 and a beta of 0.61.

CTO Realty Growth Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 13th were given a $0.38 dividend. The ex-dividend date was Thursday, March 13th. This represents a $1.52 annualized dividend and a yield of 8.37%. CTO Realty Growth’s dividend payout ratio (DPR) is presently -690.91%.

Analysts Set New Price Targets

CTO has been the subject of a number of research reports. B. Riley reiterated a “buy” rating and issued a $23.00 price target (up previously from $22.50) on shares of CTO Realty Growth in a report on Wednesday, March 5th. StockNews.com cut shares of CTO Realty Growth from a “hold” rating to a “sell” rating in a research note on Saturday, March 1st. One equities research analyst has rated the stock with a sell rating, two have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, CTO Realty Growth currently has a consensus rating of “Buy” and an average target price of $22.00.

CTO Realty Growth Company Profile

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.