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

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

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. StockNews.com raised shares of CTO Realty Growth from a “sell” rating to a “hold” rating in a research note on Friday. Raymond James raised CTO Realty Growth from an “outperform” rating to a “strong-buy” rating and boosted their price objective for the company from $22.00 to $24.00 in a research note on Wednesday, October 30th.

CTO Realty Growth Stock Performance

Shares of CTO opened at $19.04 on Friday. The stock has a 50 day moving average of $19.74 and a 200 day moving average of $19.57. The company has a market capitalization of $570.59 million, a price-to-earnings ratio of 32.26 and a beta of 0.78. CTO Realty Growth has a 12 month low of $16.33 and a 12 month high of $21.15. The company has a current ratio of 3.96, a quick ratio of 3.96 and a debt-to-equity ratio of 0.88.

CTO Realty Growth (NYSE:CTO) last released its earnings results on Thursday, February 20th. The company reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.01 by $0.48. CTO Realty Growth had a net margin of 17.10% and a return on equity of 4.04%. The firm had revenue of $35.74 million during the quarter, compared to the consensus estimate of $33.39 million. As a group, sell-side analysts forecast that CTO Realty Growth will post 1.81 earnings per share for the current year.

CTO Realty Growth Dividend Announcement

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

About CTO Realty Growth

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.