CTO Realty Growth (NYSE:CTO - Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 1.930-1.980 for the period, compared to the consensus earnings per share estimate of 1.837. The company issued revenue guidance of -.
CTO Realty Growth Stock Up 1.1%
CTO stock traded up $0.19 during mid-day trading on Tuesday, hitting $17.53. 274,756 shares of the company were exchanged, compared to its average volume of 304,620. The company has a market capitalization of $577.22 million, a PE ratio of -42.75 and a beta of 0.73. The company has a current ratio of 5.54, a quick ratio of 5.54 and a debt-to-equity ratio of 1.01. CTO Realty Growth has a twelve month low of $16.12 and a twelve month high of $21.15. The firm has a fifty day simple moving average of $17.86 and a 200 day simple moving average of $18.52.
CTO Realty Growth (NYSE:CTO - Get Free Report) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $0.47 EPS for the quarter, missing the consensus estimate of $0.49 by ($0.02). CTO Realty Growth had a negative net margin of 4.20% and a negative return on equity of 0.97%. On average, research analysts forecast that CTO Realty Growth will post 1.92 earnings per share for the current fiscal year.
CTO Realty Growth Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Thursday, June 12th were paid a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 8.67%. The ex-dividend date of this dividend was Thursday, June 12th. CTO Realty Growth's dividend payout ratio is currently -370.73%.
Analyst Upgrades and Downgrades
CTO has been the topic of a number of research reports. Raymond James Financial reissued a "strong-buy" rating on shares of CTO Realty Growth in a research note on Friday, May 23rd. Wall Street Zen lowered shares of CTO Realty Growth from a "hold" rating to a "sell" rating in a research report on Tuesday, May 13th.
Read Our Latest Analysis on CTO Realty Growth
Insider Activity at CTO Realty Growth
In related news, CEO John P. Albright bought 3,800 shares of the business's stock in a transaction that occurred on Thursday, June 26th. The stock was purchased at an average cost of $17.05 per share, for a total transaction of $64,790.00. Following the purchase, the chief executive officer directly owned 628,347 shares in the company, valued at $10,713,316.35. This trade represents a 0.61% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director George R. Brokaw bought 2,000 shares of the business's stock in a transaction that occurred on Thursday, June 26th. The shares were bought at an average price of $16.94 per share, with a total value of $33,880.00. Following the completion of the purchase, the director owned 91,701 shares in the company, valued at approximately $1,553,414.94. The trade was a 2.23% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders acquired 7,800 shares of company stock valued at $132,960 over the last three months. Insiders own 4.00% of the company's stock.
Hedge Funds Weigh In On CTO Realty Growth
A hedge fund recently bought a new stake in CTO Realty Growth stock. Jane Street Group LLC acquired a new stake in CTO Realty Growth, Inc. (NYSE:CTO - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 89,286 shares of the company's stock, valued at approximately $1,724,000. Jane Street Group LLC owned 0.27% of CTO Realty Growth at the end of the most recent reporting period. Institutional investors and hedge funds own 67.18% of the company's stock.
About CTO Realty Growth
(
Get Free Report)
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider CTO Realty Growth, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and CTO Realty Growth wasn't on the list.
While CTO Realty Growth currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the top 7 AI stocks to invest in right now. This exclusive report highlights the companies leading the AI revolution and shaping the future of technology in 2025.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.