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NYSE:CTO

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

CTO Realty Growth logo
$19.35
-0.17 (-0.87%)
(As of 10/31/2024 ET)

About CTO Realty Growth Stock (NYSE:CTO)

Key Stats

Today's Range
$19.35
$19.83
50-Day Range
$18.50
$20.49
52-Week Range
$15.78
$21.15
Volume
437,921 shs
Average Volume
236,781 shs
Market Capitalization
$447.37 million
P/E Ratio
39.49
Dividend Yield
7.86%
Price Target
$21.00
Consensus Rating
Strong Buy

Company Overview

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 Realty Growth Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
78th Percentile Overall Score

CTO MarketRank™: 

CTO Realty Growth scored higher than 78% of companies evaluated by MarketBeat, and ranked 310th out of 942 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    CTO Realty Growth has received a consensus rating of Strong Buy. The company's average rating score is 3.50, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    CTO Realty Growth has only been the subject of 1 research reports in the past 90 days.

  • Read more about CTO Realty Growth's stock forecast and price target.
  • Earnings Growth

    Earnings for CTO Realty Growth are expected to grow by 6.74% in the coming year, from $1.78 to $1.90 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of CTO Realty Growth is 39.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.44.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of CTO Realty Growth is 39.49, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 50.32.

  • Price to Book Value per Share Ratio

    CTO Realty Growth has a P/B Ratio of 0.96. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about CTO Realty Growth's valuation and earnings.
  • Percentage of Shares Shorted

    3.38% 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 1.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in CTO Realty Growth has recently decreased by 37.49%, indicating that investor sentiment is improving significantly.
  • Dividend Leadership

    CTO Realty Growth is a leading dividend payer. It pays a dividend yield of 7.88%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    CTO Realty Growth has only been increasing its dividend for 4 years.

  • Dividend Coverage

    The dividend payout ratio of CTO Realty Growth is 257.63%. 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 80.00% in the coming year. This indicates that CTO Realty Growth may not be able to sustain their current dividend.

  • Read more about CTO Realty Growth's dividend.
  • Percentage of Shares Shorted

    3.38% 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 1.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in CTO Realty Growth has recently decreased by 37.49%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    CTO Realty Growth has a news sentiment score of 0.89. 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 higher news sentiment than the 0.60 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 17 news articles for CTO Realty Growth this week, compared to 4 articles on an average week.
  • Search Interest

    19 people have searched for CTO on MarketBeat in the last 30 days. This is an increase of 36% compared to the previous 30 days.
  • MarketBeat Follows

    8 people have added CTO Realty Growth to their MarketBeat watchlist in the last 30 days. This is an increase of 14% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, CTO Realty Growth insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $115,920.00 in company stock.

  • Percentage Held by Insiders

    Only 5.30% 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.

  • Read more about CTO Realty Growth's insider trading history.
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CTO Stock News Headlines

Raymond James Upgrades CTO Realty Growth (CTO)
Ex WH Advisor Who Predicted Biden Leaving Race Makes Startling New Prediction
Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… A predicted Trump would win. You won’t believe what he’s predicting now.
CTO Realty Growth upgraded to Strong Buy from Outperform at Raymond James
See More Headlines

CTO Stock Analysis - Frequently Asked Questions

CTO Realty Growth's stock was trading at $17.33 at the start of the year. Since then, CTO stock has increased by 11.7% and is now trading at $19.35.
View the best growth stocks for 2024 here
.

CTO Realty Growth, Inc. (NYSE:CTO) posted its quarterly earnings results on Thursday, October, 24th. The company reported $0.17 EPS for the quarter, missing the consensus estimate of $0.44 by $0.27. The firm had revenue of $31.81 million for the quarter, compared to the consensus estimate of $30.15 million. CTO Realty Growth had a trailing twelve-month return on equity of 3.55% and a net margin of 14.52%.

Shares of CTO Realty Growth split on the morning of Friday, July 1st 2022. The 3-1 split was announced on Friday, July 1st 2022. The newly created shares were distributed 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.

CTO Realty Growth's top institutional investors include Grace & White Inc. NY (2.53%), Exchange Traded Concepts LLC (0.76%), Asset Management One Co. Ltd. (0.25%) and Pinnacle Associates Ltd. (0.22%). Insiders that own company stock include John P Albright, Cto Realty Growth, Inc, Daniel Earl Smith, Matthew Morris Partridge, Christopher W Haga, Robert Blakeslee Gable, George R Brokaw, Lisa Vorakoun and Laura M Franklin.
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that CTO Realty Growth investors own include Dorchester Minerals (DMLP), American Water Works (AWK), The RMR Group (RMR), DiamondRock Hospitality (DRH), Waste Connections (WCN), AUO (AUOTY) and iShares Micro-Cap ETF (IWC).

Company Calendar

Ex-Dividend for 9/30 Dividend
9/12/2024
Dividend Payable
9/30/2024
Last Earnings
10/24/2024
Today
10/31/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/27/2025

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Trading
Employees
30
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$21.00
High Stock Price Target
$24.00
Low Stock Price Target
$19.00
Potential Upside/Downside
+7.6%
Consensus Rating
Strong Buy
Rating Score (0-4)
3.50
Research Coverage
4 Analysts

Profitability

Net Income
$5.53 million
Pretax Margin
14.57%

Debt

Sales & Book Value

Annual Sales
$118.66 million
Cash Flow
$2.43 per share
Book Value
$20.17 per share

Miscellaneous

Free Float
21,895,000
Market Cap
$451.07 million
Optionable
Not Optionable
Beta
0.76
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This page (NYSE:CTO) was last updated on 10/31/2024 by MarketBeat.com Staff
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