CTO Realty Growth (NYSE:CTO) Updates FY 2025 Earnings Guidance

CTO Realty Growth (NYSE:CTO) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 1.930-1.980 for the period, compared to the consensus earnings per share estimate of 1.960. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

Several research analysts have commented on CTO shares. StockNews.com raised CTO Realty Growth from a “sell” rating to a “hold” rating in a research report on Friday. Raymond James raised CTO Realty Growth from an “outperform” rating to a “strong-buy” rating and boosted their price target for the company from $22.00 to $24.00 in a research note on Wednesday, October 30th.

CTO Realty Growth Stock Down 5.8 %

CTO stock opened at $19.04 on Friday. The stock has a market capitalization of $570.59 million, a P/E ratio of 32.26 and a beta of 0.78. The business has a 50-day moving average of $19.74 and a 200-day moving average of $19.57. The company has a debt-to-equity ratio of 0.88, a current ratio of 3.96 and a quick ratio of 3.96. CTO Realty Growth has a fifty-two week low of $16.33 and a fifty-two week high of $21.15.

CTO Realty Growth (NYSE:CTO) last posted its quarterly earnings results on Thursday, February 20th. The company reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.01 by $0.48. The firm had revenue of $35.74 million for the quarter, compared to analyst estimates of $33.39 million. CTO Realty Growth had a net margin of 17.10% and a return on equity of 4.04%. On average, sell-side analysts anticipate that CTO Realty Growth will post 1.81 earnings per share for the current fiscal year.

CTO Realty Growth Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 13th will be paid a $0.38 dividend. The ex-dividend date is Thursday, March 13th. This represents a $1.52 annualized dividend and a dividend yield of 7.99%. CTO Realty Growth’s dividend payout ratio (DPR) is presently -690.91%.

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.