CTO Stock Recent News

CTO's Q1 2024 results show promising developments in backfilling vacancies, strong rent growth, and a return to growth trajectory. New leases, including backfills of key vacancies from bankrupt tenants, will begin to flow through later this year and into 2025. We maintain our Buy rating and target price of ~$23/share (n.b., 32% upside, plus ~9% yield).

High-yield real estate stocks are ideal for investors seeking stable income streams. These companies expose investors to the real estate market without the responsibility of directly owning the property and the need for significant capital money.

CTO Realty Growth: A 9% Dividend Yield From Sun Belt Retail Properties

CTO Realty (CTO) came out with quarterly funds from operations (FFO) of $0.52 per share, beating the Zacks Consensus Estimate of $0.42 per share. This compares to FFO of $0.43 per share a year ago.

WINTER PARK, Fla., March 27, 2024 (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 2024 after the market closes on Thursday, May 2, 2024. A conference call to discuss its financial and operating results is scheduled for Friday, May 3, 2024 at 9:00 AM ET.

CTO Realty's (CTO) latest acquisition of a multi-tenant retail power center in a prime location and with strong community ties marks a strategic buy.

CTO Realty's (CTO) latest disposition showcases the company's commitment to enhancing its financial position and focusing on core assets.

CTO Realty's (CTO) impressive leasing performance extends beyond the current year, as evidenced by its accomplishments in the fourth quarter and full-year 2023.

CTO Realty Growth: Back In Growth Mode

Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.