CTO Stock Recent News
CTO LATEST HEADLINES
Capital gains can be volatile, but dividends provide stability. Two high-yield picks, Carlyle Secured Lending and CTO Realty Growth, offer yields of 8-12%. Carlyle Secured Lending offers a 12.2% yield, backed by a conservatively managed, senior-secured debt portfolio, strong liquidity, and a discounted price relative to NAV. CTO Realty Growth provides an 8.5% yield from retail properties in high-growth Sunbelt markets, demonstrating organic rent growth, strategic acquisitions, and a healthier balance sheet.
Many popular high-yielding stocks will cut their dividend in 2025. They will use the trade war and economic uncertainty as an excuse. Here are 3 REITs that I expect to cut their dividend.
CTO Realty Growth is escalating its new lease spreads at speed and adding to its asset base in blocks. The REIT is sector-diversified, and strategic exposure to Alpine might unlock smoothed returns. Recent acquisitions suggest tactical prowess, with cap rates of circa 8.2% locked in.
Investors need to pay close attention to CTO Realty Growth (CTO) stock based on the movements in the options market lately.
WINTER PARK, Fla., April 03, 2025 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) announced today that the Company entered into privately negotiated exchange agreements with certain holders of its 3.875% Convertible Senior Notes due April 15, 2025 (the “Notes”). Prior to the exchange agreements, the Notes had an aggregate principal amount of $51.0 million, representing approximately 3.8 million underlying shares based on the current conversion ratio of 73.8112 shares of CTO common stock per $1,000 principal amount of the Notes.
History shows that necessity drives change. Wars sparked radar and penicillin. Today, lofty stock valuations are forcing capital to seek new opportunities. Market rotation is underway, with money flowing into undervalued sectors. Distressed real estate and high-yield REITs stand out as potential winners. Not all opportunities are equal. Balance sheet strength and sector selection matter. The right picks could deliver strong income and upside in this shift.
WINTER PARK, Fla., March 27, 2025 (GLOBE NEWSWIRE) -- CTO Realty Growth (NYSE: CTO) (the “Company”) announced today that it will report its financial and operating results for the first quarter of 2025 after the market closes on Thursday, May 1, 2025. A conference call to discuss its financial and operating results is scheduled for Friday, May 2, 2025 at 9:00 AM ET.
CTO Realty Growth's stock dropped 7% due to a slight AFFO guidance miss for 2025, despite strong underlying fundamentals and growth prospects. The company has $5.2 million in SNO leases and expects significant AFFO accretion from these leases starting primarily in 2026. Replacement of bankrupt tenants is expected to yield 40%-60% higher rents, with new leases commencing in 2026, enhancing future revenue.
CTO Realty Growth is a standout REIT with a focus on high-quality, multi-tenant assets in economically strong areas, showing significant revenue and EBITDA growth. CTO trades at a discount to book value, offers a nearly 8% dividend yield, and has a high occupancy rate exceeding 93%. Risks include sensitivity to interest rates and regional economic dependence, but potential Fed rate cuts could lower borrowing costs and boost property values.
CTO Realty Growth Preferred Series A Stock offers a 7.5% yield, trades at a 15% discount to par, and provides strong income protection. CTO's strategic investments in high-growth markets and diversified, e-commerce resilient portfolio ensure long-term resilience and robust performance. The preferred series CTO.PR.A is cumulative and is well-covered by cash flow, making it a reliable income source over common dividends.