CTO Stock Recent News

CTO Realty's latest acquisition of a lifestyle shopping center in a prime location with more than six million visits per year augurs well for long-term growth.

WINTER PARK, Fla., March 03, 2025 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”), a leading owner and operator of high-quality, open-air shopping centers located in the higher growth Southeast and Southwest markets of the United States, today announced the acquisition of Ashley Park (the “Property”), a 559,000-square-foot, 60-acre, lifestyle center in the Newnan submarket of Atlanta, Georgia for a purchase price of $79.8 million.

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US equity markets slumped this week - while benchmark interest rates tumbled to two-month lows - after downbeat economic data and cautious corporate commentary sparked concern over slowing economic growth. Compounded by some unsettling COVID-related headlines late in the week, investors adopted a more "risk off" position after consumer and business survey data picked up a sudden negative sentiment shift. After notching a pair of record-highs early in the week, a two-day tumble sent the S&P 500 lower by 1.6% on the week. Small-Caps and Mid-Caps both dipped over 3%.

CTO Realty Growth, Inc. (NYSE:CTO ) Q4 2024 Earnings Conference Call February 21, 2025 9:00 AM ET Company Participants Phil Mays - Chief Financial Officer John Albright - President & Chief Executive Officer Conference Call Participants Gaurav Mehta - Alliance Global Partners Rob Stevenson - Janney Montgomery Scott Matthew Erdner - JonesTrading RJ Milligan - Raymond James John Massocca - B. Riley Securities Craig Kucera - Lucid Capital Markets Michael Gorman - BTIG Operator Good day, and welcome to CTO's Fourth Quarter and Full Year 2024 Earnings Call.

CTO Realty (CTO) came out with quarterly funds from operations (FFO) of $0.49 per share, beating the Zacks Consensus Estimate of $0.48 per share. This compares to FFO of $0.52 per share a year ago.

– Closed investments of $330.8 million at a weighted average initial cash yield 9.3% in 2024 – – Raised $165.2 million of net proceeds under common ATM program in 2024 – – Current signed-not-open pipeline of $5.2 million –

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WINTER PARK, Fla., Feb. 10, 2025 (GLOBE NEWSWIRE) -- CTO Realty Growth (NYSE: CTO) (the “Company”) announced today that it will report its financial and operating results for the fourth quarter and full year 2024 after the market closes on Thursday, February 20, 2025. A conference call to discuss its financial and operating results is scheduled for Friday, February 21, 2025 at 9:00 AM ET.