CTO Realty Growth, Inc. is a Florida-based publicly traded real estate company, which owns income properties comprised of approximately 2.4 million square feet in diversified markets in the United States and an approximately 23.5% interest in Alpine Income Property Trust, Inc., a publicly traded net lease real estate investment trust (NYSE: PINE).
IPO Year: 1992
Exchange: AMEX
Website: ctorealtygrowth.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
10/30/2024 | $22.00 → $24.00 | Outperform → Strong Buy | Raymond James |
4/8/2024 | $20.00 | Buy | Alliance Global Partners |
6/17/2022 | $69.00 | Outperform | Raymond James |
3/8/2022 | $67.00 → $72.00 | Buy | BTIG |
2/28/2022 | $70.00 → $75.00 | Buy | JonesTrading |
2/2/2022 | $70.00 | Buy | JonesTrading |
4 - CTO Realty Growth, Inc. (0000023795) (Issuer)
Raymond James upgraded CTO Realty Growth from Outperform to Strong Buy and set a new price target of $24.00 from $22.00 previously
Alliance Global Partners initiated coverage of CTO Realty Growth with a rating of Buy and set a new price target of $20.00
Raymond James initiated coverage of CTO Realty Growth with a rating of Outperform and set a new price target of $69.00
BTIG reiterated coverage of CTO Realty Growth with a rating of Buy and set a new price target of $72.00 from $67.00 previously
JonesTrading reiterated coverage of CTO Realty Growth with a rating of Buy and set a new price target of $75.00 from $70.00 previously
JonesTrading initiated coverage of CTO Realty Growth with a rating of Buy and set a new price target of $70.00
BTIG Research initiated coverage of CTO Realty Growth with a rating of Buy and set a new price target of $60.00
Compass Point downgraded CTO Realty Growth from Buy to Neutral
4 - CTO Realty Growth, Inc. (0000023795) (Issuer)
4 - CTO Realty Growth, Inc. (0000023795) (Issuer)
4 - CTO Realty Growth, Inc. (0000023795) (Issuer)
4 - CTO Realty Growth, Inc. (0000023795) (Issuer)
4 - CTO Realty Growth, Inc. (0000023795) (Issuer)
4 - CTO Realty Growth, Inc. (0000023795) (Issuer)
4 - CTO Realty Growth, Inc. (0000023795) (Issuer)
4 - CTO Realty Growth, Inc. (0000023795) (Issuer)
4 - CTO Realty Growth, Inc. (0000023795) (Issuer)
4 - CTO Realty Growth, Inc. (0000023795) (Issuer)
WINTER PARK, Fla., Jan. 18, 2022 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE:CTO) (the "Company" or "CTO") today announced the appointment of Christopher J. Drew to its Board of Directors (the "Board"), such appointment to be effective January 18, 2022. Mr. Drew is a Senior Managing Director of JLL Capital Markets, Americas and co-head of JLL's Miami office. He joined JLL as part of the HFF acquisition and has more than a decade of commercial real estate experience. His primary responsibilities at JLL include overseeing the day-to-day operations of the Miami office and arranging joint venture equity, preferred equity, mezzanine financing and senior level financing for real estat
EFFECT - CTO Realty Growth, Inc. (0000023795) (Filer)
8-K - CTO Realty Growth, Inc. (0000023795) (Filer)
424B5 - CTO Realty Growth, Inc. (0000023795) (Filer)
424B5 - CTO Realty Growth, Inc. (0000023795) (Filer)
10-Q - CTO Realty Growth, Inc. (0000023795) (Filer)
8-K - CTO Realty Growth, Inc. (0000023795) (Filer)
S-3 - CTO Realty Growth, Inc. (0000023795) (Filer)
8-K - CTO Realty Growth, Inc. (0000023795) (Filer)
8-K - CTO Realty Growth, Inc. (0000023795) (Filer)
424B5 - CTO Realty Growth, Inc. (0000023795) (Filer)
SC 13G/A - CTO Realty Growth, Inc. (0000023795) (Subject)
SC 13G/A - CTO Realty Growth, Inc. (0000023795) (Subject)
SC 13G/A - CTO Realty Growth, Inc. (0000023795) (Subject)
SC 13G/A - CTO Realty Growth, Inc. (0000023795) (Subject)
SC 13G - CTO Realty Growth, Inc. (0000023795) (Subject)
SC 13G/A - CTO Realty Growth, Inc. (0000023795) (Subject)
SC 13G/A - CTO Realty Growth, Inc. (0000023795) (Subject)
SC 13G/A - CTO Realty Growth, Inc. (0000023795) (Subject)
WINTER PARK, Fla., Dec. 17, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE:CTO) an owner and operator of high-quality, open-air shopping centers located in the higher growth Southeast and Southwest markets of the United States (the "Company"), today announced the addition of its second grocery anchored property in the Tampa, Florida market with the acquisition of Granada Plaza for $16.8 million, prior to closing costs and adjustments. Granada Plaza is a 74,000 square-foot shopping center, anchored by a high-performing Publix, and located in the city of Dunedin, Florida, a densely populated and growing retail market in the Tampa metro area. The property is situated on seven acres a
NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the fourth quarter of 2024. This quarter, there are constituent changes within four of our indexes: the KBW Nasdaq Capital Markets Index (Index Ticker: KSX, ETF Ticker:N/A), KBW Nasdaq Financial Technology Index (Index Ticker: KFTX, ETF Ticker: FTEK.LN), KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD), and KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY
WINTER PARK, Fla., Nov. 19, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE:CTO) (the "Company" or "CTO") announced today that its Board of Directors has authorized, and the Company has declared, a quarterly cash dividend of $0.38 per share of common stock for the fourth quarter of 2024 (the "Common Stock Cash Dividend"). The Common Stock Cash Dividend represents an annualized yield of approximately 7.8% based on the closing price of the Company's common stock on November 18, 2024. The Common Stock Cash Dividend is payable on December 31, 2024, to stockholders of record as of the close of business on December 12, 2024, and the ex-dividend date for the Common Stock Cash Dividend is
WINTER PARK, Fla., Nov. 07, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE:CTO) (the "Company" or "CTO") today announced the origination of a $40.2 million first mortgage loan with an initial term of thirty months and an initial fixed interest rate of 12.15%. The loan is for the development of an approximately 80,000 square foot retail center on approximately 26.6 acres located in Forsyth County, Georgia, a growing and affluent suburb of Atlanta. The development is anchored by a 35,500 square foot Whole Foods Market with the remainder of the development consisting of small shop space and pad sites. The Whole Foods Market anchored retail development neighbors the Company's 561,000
WINTER PARK, Fla., Oct. 24, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE:CTO) (the "Company" or "CTO") today announced its operating results and earnings for the quarter ended September 30, 2024. Third Quarter Highlights Net Income per diluted share attributable to common stockholders of $0.17.Core Funds from Operations ("FFO") of $0.50 per diluted share attributable to common stockholders, an increase of 6.4% from the comparable prior period.Adjusted Funds from Operations ("AFFO") of $0.51 per diluted share attributable to common stockholders, an increase of 6.3% from the comparable prior period.Raised net proceeds of $125.7 million under the Company's common stock
- Closed $274 Million in Investments Year-To-Date - - Raised $126 Million Under ATM Program in Third Quarter - - Closed $100 Million Unsecured Term Loan - WINTER PARK, Fla., Sept. 30, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE:CTO) an owner and operator of high-quality, open-air shopping centers located in the higher growth Southeast and Southwest markets of the United States (the "Company"), today provided a business update for the third quarter and year-to-date ended September 30, 2024. Investment Activity The Company's investment activity, including acquisitions and structured investments, was $191.3 million in the quarter and now totals $273.8 million year-to
WINTER PARK, Fla., Sept. 25, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth (NYSE:CTO) (the "Company") announced today that it will report its financial and operating results for the third quarter of 2024 after the market closes on Thursday, October 24, 2024. The Company will host a conference call to discuss its financial and operating results for the third quarter of 2024 at 9:00 AM ET on Friday, October 25, 2024. A live webcast of the call will be available on the Investor Relations page of the Company's website at www.ctoreit.com or at the link provided in the event details below. To access the call by phone, please go to the registration link provided in the event details below and you w
WINTER PARK, Fla., Aug. 21, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE:CTO) (the "Company" or "CTO") today announced closing the acquisition of a portfolio of three open-air shopping centers (the "Three Property Portfolio") for a purchase price of $137.5 million. The Three Property Portfolio consists of Carolina Pavilion in Charlotte, North Carolina; Millenia Crossing in Orlando, Florida; and Lake Brandon Village in Tampa, Florda. Additionally, on August 15, 2024, the Company closed the sale of Jordan Landing located in West Jordan, Utah for $18.0 million. The Company's property portfolio, after closing of the above transactions, has increased approximately 19% with respect to
WINTER PARK, Fla., Aug. 20, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE:CTO) (the "Company" or "CTO") announced today that its Board of Directors has authorized, and the Company has declared, a quarterly cash dividend of $0.38 per share of common stock for the third quarter of 2024 (the "Common Stock Cash Dividend"). The Common Stock Cash Dividend represents an annualized yield of approximately 7.9% based on the closing price of the Company's common stock on August 19, 2024. The Common Stock Cash Dividend is payable on September 30, 2024, to stockholders of record as of the close of business on September 12, 2024, and the ex-dividend date for the Common Stock Cash Dividend is S
WINTER PARK, Fla., Aug. 08, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE:CTO) (the "Company") today announced that it has entered into a purchase and sale agreement for the acquisition of a three-property portfolio (the "Three Property Portfolio") for a purchase price of $137.5 million. The Three Property Portfolio consists of three open-air shopping centers located in Charlotte, North Carolina; Orlando, Florida; and Tampa, Florida, with an aggregate gross leasable area of approximately 0.9 million square feet which are approximately 94.2% leased, with a weighted average remaining lease term of 6.2 years as of August 7, 2024. Additionally, on August 1, 2024, the Compa
NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the fourth quarter of 2024. This quarter, there are constituent changes within four of our indexes: the KBW Nasdaq Capital Markets Index (Index Ticker: KSX, ETF Ticker:N/A), KBW Nasdaq Financial Technology Index (Index Ticker: KFTX, ETF Ticker: FTEK.LN), KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD), and KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY
WINTER PARK, Fla., Nov. 19, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE:CTO) (the "Company" or "CTO") announced today that its Board of Directors has authorized, and the Company has declared, a quarterly cash dividend of $0.38 per share of common stock for the fourth quarter of 2024 (the "Common Stock Cash Dividend"). The Common Stock Cash Dividend represents an annualized yield of approximately 7.8% based on the closing price of the Company's common stock on November 18, 2024. The Common Stock Cash Dividend is payable on December 31, 2024, to stockholders of record as of the close of business on December 12, 2024, and the ex-dividend date for the Common Stock Cash Dividend is
WINTER PARK, Fla., Oct. 24, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE:CTO) (the "Company" or "CTO") today announced its operating results and earnings for the quarter ended September 30, 2024. Third Quarter Highlights Net Income per diluted share attributable to common stockholders of $0.17.Core Funds from Operations ("FFO") of $0.50 per diluted share attributable to common stockholders, an increase of 6.4% from the comparable prior period.Adjusted Funds from Operations ("AFFO") of $0.51 per diluted share attributable to common stockholders, an increase of 6.3% from the comparable prior period.Raised net proceeds of $125.7 million under the Company's common stock
WINTER PARK, Fla., Sept. 25, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth (NYSE:CTO) (the "Company") announced today that it will report its financial and operating results for the third quarter of 2024 after the market closes on Thursday, October 24, 2024. The Company will host a conference call to discuss its financial and operating results for the third quarter of 2024 at 9:00 AM ET on Friday, October 25, 2024. A live webcast of the call will be available on the Investor Relations page of the Company's website at www.ctoreit.com or at the link provided in the event details below. To access the call by phone, please go to the registration link provided in the event details below and you w
WINTER PARK, Fla., Aug. 20, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE:CTO) (the "Company" or "CTO") announced today that its Board of Directors has authorized, and the Company has declared, a quarterly cash dividend of $0.38 per share of common stock for the third quarter of 2024 (the "Common Stock Cash Dividend"). The Common Stock Cash Dividend represents an annualized yield of approximately 7.9% based on the closing price of the Company's common stock on August 19, 2024. The Common Stock Cash Dividend is payable on September 30, 2024, to stockholders of record as of the close of business on September 12, 2024, and the ex-dividend date for the Common Stock Cash Dividend is S
WINTER PARK, Fla., Aug. 08, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE:CTO) (the "Company") today announced that it has entered into a purchase and sale agreement for the acquisition of a three-property portfolio (the "Three Property Portfolio") for a purchase price of $137.5 million. The Three Property Portfolio consists of three open-air shopping centers located in Charlotte, North Carolina; Orlando, Florida; and Tampa, Florida, with an aggregate gross leasable area of approximately 0.9 million square feet which are approximately 94.2% leased, with a weighted average remaining lease term of 6.2 years as of August 7, 2024. Additionally, on August 1, 2024, the Compa
WINTER PARK, Fla., June 26, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth (NYSE:CTO) (the "Company") announced today that it will report its financial and operating results for the second quarter of 2024 after the market closes on Thursday, July 25, 2024. The Company will host a conference call to discuss its financial and operating results for the second quarter of 2024 at 9:00 AM ET on Friday, July 26, 2024. A live webcast of the call will be available on the Investor Relations page of the Company's website at www.ctoreit.com or at the link provided in the event details below. To access the call by phone, please go to the registration link provided in the event details below and you will b
WINTER PARK, Fla., May 31, 2024 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE:PINE) (the "Company" or "PINE") announced today that Philip R. Mays has been appointed Senior Vice President, Chief Financial Officer and Treasurer of the Company, effective as of June 17, 2024. Mr. Mays was most recently the Chief Financial Officer of Shadowbox Studios, from September 2021 to February 2024. Prior to that, from June 2011 to September 2021, Mr. Mays served as Chief Financial Officer and Executive Vice President of Cedar Realty Trust, Inc. ("Cedar"), a NYSE-listed retail real estate investment trust ("REIT"). His departure from Cedar coincided with Cedar's announcement that it would
WINTER PARK, Fla., May 29, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE:CTO) (the "Company" or "CTO") announced today a correction to the ex-dividend date previously announced on May 28, 2024. The ex-dividend date for the second quarter dividends payable on the Company's common stock and Series A Preferred Stock has been corrected from June 12, 2024 to June 13, 2024. All other details remain unchanged. About CTO Realty Growth, Inc. 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 external
WINTER PARK, Fla., May 28, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE:CTO) (the "Company" or "CTO") announced today that its Board of Directors has authorized, and the Company has declared a quarterly cash dividend of $0.38 per share of common stock for the second quarter of 2024 (the "Common Stock Cash Dividend"). The Common Stock Cash Dividend represents an annualized yield of approximately 8.7% based on the closing price of the Company's common stock on May 24, 2024. The Common Stock Cash Dividend is payable on June 28, 2024, to stockholders of record as of the close of business on June 13, 2024, and the ex-dividend date for the Common Stock Cash Dividend is June 12, 2024.