CTO Realty Growth to Announce Q4 Earnings on February 19
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
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Should l Buy CTO?
Source: seekingalpha
- Earnings Announcement Schedule: CTO Realty Growth is set to release its Q4 earnings on February 19 after market close, with consensus estimates predicting a FFO of $0.48 and revenue of $37.91 million, providing crucial insights into the company's financial health for investors.
- Leasing Activity Update: The execution of three new leases at the Atlanta lifestyle center not only enhances the revenue stability of CTO Realty's asset portfolio but also potentially boosts its competitive position in the region, driving future growth prospects.
- Asset Sale Dynamics: CTO Realty successfully sold the Shops at Legacy North property for $78 million, which not only generates significant cash flow for the company but may also be utilized for future investments or debt repayment, optimizing its capital structure.
- Investment Attractiveness Analysis: With an 8.4% yield, CTO Realty Growth's appeal is bolstered despite concerns over its preferred stock yield of 7.4%, as the high yield may attract investors seeking stable cash flows, enhancing its attractiveness in the REIT market.
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Analyst Views on CTO
About CTO
CTO Realty Growth, Inc. is a real estate investment trust that owns and operates a portfolio of retail-based properties located primarily in the United States. The Company’s segments include income properties, management services, commercial loans and investments, and real estate operations. The management services segment is a fee-based management business that is engaged in managing Alpine Income Property Trust, Inc. (PINE). The commercial loans and investments segment includes a portfolio of five commercial loan investments and two preferred equity investments, which are classified as commercial loan investments. Its income property operations consist of income-producing properties. Its business also includes its investment in PINE. Its portfolio of properties includes Carolina Pavilion, Millenia Crossing, Lake Brandon Village, Crabby's Oceanside, Fidelity, LandShark Bar & Grill, Granada Plaza, The Strand at St. Johns Town Center, Price Plaza, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
CTO Realty Growth to Announce Q4 Earnings on February 19
- Earnings Announcement Schedule: CTO Realty Growth is set to release its Q4 earnings on February 19 after market close, with consensus estimates predicting a FFO of $0.48 and revenue of $37.91 million, providing crucial insights into the company's financial health for investors.
- Leasing Activity Update: The execution of three new leases at the Atlanta lifestyle center not only enhances the revenue stability of CTO Realty's asset portfolio but also potentially boosts its competitive position in the region, driving future growth prospects.
- Asset Sale Dynamics: CTO Realty successfully sold the Shops at Legacy North property for $78 million, which not only generates significant cash flow for the company but may also be utilized for future investments or debt repayment, optimizing its capital structure.
- Investment Attractiveness Analysis: With an 8.4% yield, CTO Realty Growth's appeal is bolstered despite concerns over its preferred stock yield of 7.4%, as the high yield may attract investors seeking stable cash flows, enhancing its attractiveness in the REIT market.
See More
CTO Realty Growth Reports $165.9M Investment Activity for 2025
- Total Investment: CTO Realty's investment activity for 2025 reached $165.9 million with a weighted average initial cash yield of 9.0%, demonstrating the company's strong investment capability in high-growth markets.
- Shopping Center Acquisitions: The company acquired two shopping centers in Atlanta and South Florida for a total of $144.9 million at a weighted average initial cash yield of 8.7%, further solidifying its presence in premium markets.
- Structured Investment Commitments: CTO Realty originated $21.0 million in structured investment commitments, including $5.0 million in seller financing, with a weighted average initial cash yield of 10.7%, enhancing the company's capital flexibility and income potential.
- Leasing Update: New leases signed with three national retailers at The Collection at Forsyth total approximately 12,000 square feet with initial terms ranging from 5 to 15 years, increasing the center's leased occupancy to 93%, thereby enhancing its market appeal.
See More
CTO Realty Sells Dallas Shopping Center for $78 Million
- Successful Transaction: CTO Realty sold the Shops at Legacy North in Dallas for $78 million, translating to $321 per square foot, reflecting strong leasing activity over the past two years and indicating a rebound in market demand.
- Capital Recycling: The low 5% exit cash cap rate from this sale allows the company to reinvest capital into higher-yielding opportunities, particularly the recent acquisition of Pompano Citi Centre, which is expected to drive immediate earnings accretion.
- Year-to-Date Disposition Volume: CTO Realty's total disposition volume has reached $85.1 million, including the Legacy North and Main Street properties, maintaining an overall cash cap rate in the mid-5% range, demonstrating the company's robust asset management strategy.
- Future Acquisition Plans: The company intends to use the net proceeds from this transaction for a Section 1031 like-kind exchange, with part of the funds earmarked to retroactively finance the acquisition of Pompano Citi Centre, further enhancing its investment positioning in high-growth markets.
See More
CTO Realty Sells Dallas Shopping Center for $78 Million
- Successful Transaction: CTO Realty sold the Shops at Legacy North in Dallas for $78 million, equating to $321 per square foot, reflecting strong leasing activity over the past two years and enhancing the company's asset liquidity.
- Capital Reinvestment: The low 5% exit cash cap rate from this sale allows the company to recycle capital into higher-yielding investment opportunities, including the recent acquisition of Pompano Citi Centre, which is expected to drive immediate earnings accretion.
- Year-to-Date Disposition Volume: CTO Realty's year-to-date disposition volume reached $85.1 million, including the Legacy North and Main Street properties, with a weighted average exit cash cap rate in the mid-5% range, indicating robust performance in the market.
- Future Acquisition Plans: The company intends to utilize the net proceeds from this transaction as part of a Section 1031 like-kind exchange, retroactively funding the Pompano Citi Centre acquisition while earmarking remaining proceeds for future acquisitions, thereby further strengthening its investment portfolio.
See More
CTO Realty divests Shops at Legacy North for $78 million
Sale of Mixed-Use Center: CTO Realty Growth sold a 243,000-square-foot mixed-use lifestyle center in Dallas for $78 million, achieving a price of $321 per square foot.
Capital Recycling Strategy: The sale, completed at a low-5% exit cash cap rate, allows CTO to reinvest in higher-yielding opportunities, including the recent acquisition of Pompano Citi Centre.
Use of Proceeds: Net proceeds from the sale will be utilized for a Section 1031 like-kind exchange to fund the Pompano Citi Centre acquisition, with additional funds allocated for future investments.
Year-to-Date Disposition Volume: CTO Realty Growth's total disposition volume for the year reached $85.1 million, with a weighted average exit cash cap rate in the mid-5% range.
See More
CTO Realty Growth Acquires Pompano Citi Centre for $65.2 Million
- Acquisition Expansion: CTO Realty Growth has acquired Pompano Citi Centre for $65.2 million, expanding its footprint in Florida and marking its first entry into the Fort Lauderdale market.
- Property Overview: The property spans 35 acres with 509,000 square feet of operating space, currently 92% occupied, and includes 62,000 square feet of unfinished space, presenting significant future leasing upside.
- Market Opportunity: Located at a high-traffic intersection of Federal Highway and Copans Road, the surrounding area boasts over 250,000 residents within a five-mile radius and an average household income of $105,000, indicating strong consumer potential.
- Investment Returns: This acquisition is expected to create long-term value through strategic rent adjustments and incremental leasing opportunities, bringing the year-to-date investment volume to $149.9 million.
See More
CTO Realty Growth to Announce Q4 Earnings on February 19
- Earnings Announcement Schedule: CTO Realty Growth is set to release its Q4 earnings on February 19 after market close, with consensus estimates predicting a FFO of $0.48 and revenue of $37.91 million, providing crucial insights into the company's financial health for investors.
- Leasing Activity Update: The execution of three new leases at the Atlanta lifestyle center not only enhances the revenue stability of CTO Realty's asset portfolio but also potentially boosts its competitive position in the region, driving future growth prospects.
- Asset Sale Dynamics: CTO Realty successfully sold the Shops at Legacy North property for $78 million, which not only generates significant cash flow for the company but may also be utilized for future investments or debt repayment, optimizing its capital structure.
- Investment Attractiveness Analysis: With an 8.4% yield, CTO Realty Growth's appeal is bolstered despite concerns over its preferred stock yield of 7.4%, as the high yield may attract investors seeking stable cash flows, enhancing its attractiveness in the REIT market.
See More
CTO Realty Growth Reports $165.9M Investment Activity for 2025
- Total Investment: CTO Realty's investment activity for 2025 reached $165.9 million with a weighted average initial cash yield of 9.0%, demonstrating the company's strong investment capability in high-growth markets.
- Shopping Center Acquisitions: The company acquired two shopping centers in Atlanta and South Florida for a total of $144.9 million at a weighted average initial cash yield of 8.7%, further solidifying its presence in premium markets.
- Structured Investment Commitments: CTO Realty originated $21.0 million in structured investment commitments, including $5.0 million in seller financing, with a weighted average initial cash yield of 10.7%, enhancing the company's capital flexibility and income potential.
- Leasing Update: New leases signed with three national retailers at The Collection at Forsyth total approximately 12,000 square feet with initial terms ranging from 5 to 15 years, increasing the center's leased occupancy to 93%, thereby enhancing its market appeal.
See More
CTO Realty Sells Dallas Shopping Center for $78 Million
- Successful Transaction: CTO Realty sold the Shops at Legacy North in Dallas for $78 million, translating to $321 per square foot, reflecting strong leasing activity over the past two years and indicating a rebound in market demand.
- Capital Recycling: The low 5% exit cash cap rate from this sale allows the company to reinvest capital into higher-yielding opportunities, particularly the recent acquisition of Pompano Citi Centre, which is expected to drive immediate earnings accretion.
- Year-to-Date Disposition Volume: CTO Realty's total disposition volume has reached $85.1 million, including the Legacy North and Main Street properties, maintaining an overall cash cap rate in the mid-5% range, demonstrating the company's robust asset management strategy.
- Future Acquisition Plans: The company intends to use the net proceeds from this transaction for a Section 1031 like-kind exchange, with part of the funds earmarked to retroactively finance the acquisition of Pompano Citi Centre, further enhancing its investment positioning in high-growth markets.
See More
CTO Realty Sells Dallas Shopping Center for $78 Million
- Successful Transaction: CTO Realty sold the Shops at Legacy North in Dallas for $78 million, equating to $321 per square foot, reflecting strong leasing activity over the past two years and enhancing the company's asset liquidity.
- Capital Reinvestment: The low 5% exit cash cap rate from this sale allows the company to recycle capital into higher-yielding investment opportunities, including the recent acquisition of Pompano Citi Centre, which is expected to drive immediate earnings accretion.
- Year-to-Date Disposition Volume: CTO Realty's year-to-date disposition volume reached $85.1 million, including the Legacy North and Main Street properties, with a weighted average exit cash cap rate in the mid-5% range, indicating robust performance in the market.
- Future Acquisition Plans: The company intends to utilize the net proceeds from this transaction as part of a Section 1031 like-kind exchange, retroactively funding the Pompano Citi Centre acquisition while earmarking remaining proceeds for future acquisitions, thereby further strengthening its investment portfolio.
See More
CTO Realty divests Shops at Legacy North for $78 million
Sale of Mixed-Use Center: CTO Realty Growth sold a 243,000-square-foot mixed-use lifestyle center in Dallas for $78 million, achieving a price of $321 per square foot.
Capital Recycling Strategy: The sale, completed at a low-5% exit cash cap rate, allows CTO to reinvest in higher-yielding opportunities, including the recent acquisition of Pompano Citi Centre.
Use of Proceeds: Net proceeds from the sale will be utilized for a Section 1031 like-kind exchange to fund the Pompano Citi Centre acquisition, with additional funds allocated for future investments.
Year-to-Date Disposition Volume: CTO Realty Growth's total disposition volume for the year reached $85.1 million, with a weighted average exit cash cap rate in the mid-5% range.
See More
CTO Realty Growth Acquires Pompano Citi Centre for $65.2 Million
- Acquisition Expansion: CTO Realty Growth has acquired Pompano Citi Centre for $65.2 million, expanding its footprint in Florida and marking its first entry into the Fort Lauderdale market.
- Property Overview: The property spans 35 acres with 509,000 square feet of operating space, currently 92% occupied, and includes 62,000 square feet of unfinished space, presenting significant future leasing upside.
- Market Opportunity: Located at a high-traffic intersection of Federal Highway and Copans Road, the surrounding area boasts over 250,000 residents within a five-mile radius and an average household income of $105,000, indicating strong consumer potential.
- Investment Returns: This acquisition is expected to create long-term value through strategic rent adjustments and incremental leasing opportunities, bringing the year-to-date investment volume to $149.9 million.
See More
