CTO Realty Growth (CTO) to Release Earnings on Thursday

CTO Realty Growth (NYSE:CTO - Get Free Report) is projected to issue 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 - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The company reported $0.49 EPS for the quarter, topping the consensus estimate of $0.01 by $0.48. The firm had revenue of $35.74 million during the quarter, compared to analyst estimates of $33.39 million. CTO Realty Growth had a negative return on equity of 0.38% and a negative net margin of 1.58%. 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 Stock Down 0.2 %

Shares of CTO traded down $0.03 during trading hours on Tuesday, hitting $18.19. The company had a trading volume of 290,010 shares, compared to its average volume of 341,559. The company has a market capitalization of $579.22 million, a PE ratio of -82.68 and a beta of 0.61. The company has a current ratio of 3.96, a quick ratio of 3.96 and a debt-to-equity ratio of 0.88. CTO Realty Growth has a one year low of $16.12 and a one year high of $21.15. The company's fifty day moving average price is $18.51 and its two-hundred day moving average price is $19.35.

CTO Realty Growth Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 13th were given a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 8.36%. The ex-dividend date of this dividend was Thursday, March 13th. CTO Realty Growth's payout ratio is -690.91%.

Analysts Set New Price Targets

Several research firms have recently commented on CTO. StockNews.com lowered CTO Realty Growth from a "hold" rating to a "sell" rating in a research report on Saturday, March 1st. B. Riley restated a "buy" rating and set a $23.00 target price (up from $22.50) on shares of CTO Realty Growth in a research note on Wednesday, March 5th. One analyst has rated the stock with a sell rating, two have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, CTO Realty Growth has a consensus rating of "Buy" and a consensus price target of $22.00.

About CTO Realty Growth

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.