Earnings summaries and quarterly performance for CTO Realty Growth.
Executive leadership at CTO Realty Growth.
John P. Albright
Detailed
President & Chief Executive Officer
CEO
DE
Daniel E. Smith
Detailed
Senior Vice President, General Counsel & Corporate Secretary
LM
Lisa M. Vorakoun
Detailed
Senior Vice President & Chief Accounting Officer
PR
Philip R. Mays
Detailed
Senior Vice President, Chief Financial Officer & Treasurer
SR
Steven R. Greathouse
Detailed
Senior Vice President & Chief Investment Officer
Board of directors at CTO Realty Growth.
Research analysts who have asked questions during CTO Realty Growth earnings calls.
Gaurav Mehta
Alliance Global Partners
4 questions for CTO
Also covers: ALEX, BRSP, CLDT +12 more
John Massocca
B. Riley Financial
4 questions for CTO
Also covers: BEEP, CMCT, DHC +13 more
Craig Kucera
Lucid Capital Markets
3 questions for CTO
Also covers: CIO, FPI, GOOD +5 more
ME
Matthew Erdner
JonesTrading Institutional Services
3 questions for CTO
Also covers: ACR, AGNC, AOMR +17 more
RM
R.J. Milligan
Raymond James
3 questions for CTO
Also covers: ADC, FCPT, GLPI +5 more
Robert Stevenson
Janney Montgomery Scott LLC
3 questions for CTO
Also covers: ADC, AHH, AIV +17 more
MG
Michael Gorman
BTG Pactual
1 question for CTO
Also covers: BNL, CSR, ELME +13 more
RS
Rob Stevenson
Janney Montgomery Scott
1 question for CTO
Also covers: ADC, ALEX, CSR +8 more
Recent press releases and 8-K filings for CTO.
CTO Realty Growth Signs Anchor Lease, Achieving 100% Occupancy at Seminole Towne Center
CTO
New Projects/Investments
Revenue Acceleration/Inflection
- CTO Realty Growth has signed an anchor lease with an investment-grade national retailer at Marketplace at Seminole Towne Center in Orlando, Florida.
- This new lease for 48,000 square feet consolidates former Big Lots space, small shop space, and new expansion space, bringing the Center to 100% leased occupancy.
- The initial term of the lease is 10 years, and the tenant is expected to open in early 2027.
- The company has now resolved seven of the ten vacant anchor spaces they were focused on and anticipates achieving a 40% to 60% positive cash leasing spread in total for all ten anchor spaces.
3 days ago
CTO Realty Growth Sells Shops at Legacy North
CTO
M&A
New Projects/Investments
- CTO Realty Growth, Inc. sold the Shops at Legacy North, a 243,000-square-foot mixed-use lifestyle center in Dallas, Texas, for $78.0 million.
- The sale price equates to $321 per square foot and an approximate low-5% exit cash cap rate.
- The net proceeds from the sale will be used as part of a Section 1031 like-kind exchange to retroactively fund the Pompano Citi Centre acquisition and for future acquisitions.
- Year-to-date disposition volume for the company, including this transaction, totals $85.1 million at a weighted average exit cash cap rate of mid-5%.
5 days ago
CTO Realty Growth Acquires Pompano Citi Centre
CTO
M&A
New Projects/Investments
- CTO Realty Growth, Inc. (CTO) announced the acquisition of Pompano Citi Centre for a purchase price of $65.2 million.
- The acquired property is an open-air retail center in Pompano Beach, Florida, comprising 509,000 square feet of operating space that is currently 92% occupied, along with 62,000 square feet of unfinished shell space.
- This acquisition expands CTO's Florida footprint and marks its first entry into the Fort Lauderdale market, contributing to a year-to-date investment volume of $149.9 million.
7 days ago
CTO Realty Growth Reports Strong Q3 2025 Results and Raises Full-Year Guidance
CTO
Earnings
Guidance Update
New Projects/Investments
- CTO Realty Growth reported strong Q3 2025 operating performance, with 482,000 sq ft of overall leasing activity year-to-date through September 30, 2025, and a signed-not-open (SNO) pipeline of $5.5 million. Approximately 76% of the ABR from the SNO pipeline is anticipated in 2026, with 100% in 2027, expected to reduce net debt to EBITDA by about half a turn.
- For Q3 2025, Core FFO was $15.6 million, or $0.48 per share, and Same Property Net Operating Income (NOI) increased by 2.3%.
- The company raised its full-year 2025 Core FFO guidance to $1.84-$1.87 per diluted share and FFO guidance to $1.96-$1.99 per diluted share.
- CTO completed $150 million in term loan financings, increasing liquidity to approximately $170 million, and repurchased $9.3 million of common stock at a weighted average price of $16.27 per share. The company also plans to acquire a South Florida shopping center, which will be funded by recycling an asset around year-end.
Oct 29, 2025, 1:00 PM
CTO Realty Growth, Inc. Announces Q3 2025 Results and FY 2025 Guidance
CTO
Earnings
Guidance Update
Dividends
- CTO Realty Growth, Inc. reported Core FFO per diluted share of $0.48 for Q3 2025.
- The company's FY 2025 guidance for Core FFO per diluted share is projected to be between $1.84 and $1.87.
- As of September 30, 2025, leased occupancy was 94.2%.
- The annualized dividend yield for CTO was 9.3% as of September 30, 2025.
- Quarterly same-property NOI growth for Q3 2025 was 2.3%.
Oct 29, 2025, 1:00 PM
CTO Realty Growth Reports Strong Q3 2025 Results, Raises Full-Year Guidance, and Enhances Liquidity
CTO
Earnings
Guidance Update
New Projects/Investments
- CTO Realty Growth reported strong leasing activity for Q3 2025, with 482,000 sq ft of overall leasing year-to-date through September 30 and a weighted average base rent spread of 21.7%. The signed-not-open (SNO) pipeline stands at $5.5 million, representing approximately 5.3% of annual cash base rents, with 76% of this ABR anticipated in 2026 and 100% in 2027.
- The company raised its full-year 2025 guidance, with new core FFO expected to be $1.84-$1.87 per diluted share and FFO expected to be $1.96-$1.99 per diluted share. For Q3 2025, core FFO was $0.48 per share , and same property NOI increased 2.3%.
- CTO enhanced its liquidity by closing $150 million in term loan financings, resulting in $170 million of liquidity at quarter-end, and improved its net debt to EBITDA to 6.7x from 6.9x in Q2. The company also repurchased $9.3 million of common stock at a weighted average price of $16.27 per share and plans to acquire a South Florida shopping center by year-end, funded by asset recycling.
Oct 29, 2025, 1:00 PM
CTO Realty Growth Reports Strong Q3 2025 Results and Raises Full-Year Guidance
CTO
Earnings
Guidance Update
Share Buyback
- CTO Realty Growth reported strong Q3 2025 operating performance, with a 2.3% increase in same property NOI and a 10.3% base rent spread on comparable leases.
- The company raised its full-year 2025 guidance for Core FFO to $1.84 to $1.87 per diluted share and FFO to $1.96 to $1.99 per diluted share.
- CTO enhanced its liquidity to $170 million through $150 million in term loan financings, which helped reduce net debt to EBITDA to 6.7 times.
- The company repurchased $9.3 million of common stock at a weighted average price of $16.27 per share and plans to acquire a South Florida shopping center, funded by asset recycling.
- The $5.5 million signed-not-open (SNO) pipeline is anticipated to contribute approximately $4 million in 2026 and the full amount in 2027, positioning the company for meaningful earnings growth.
Oct 29, 2025, 1:00 PM
CTO Realty Growth Reports Q3 2025 Results and Raises Full-Year Outlook
CTO
Earnings
Guidance Update
Debt Issuance
- CTO Realty Growth reported Net Income attributable to common stockholders of $0.03 per diluted share for the third quarter ended September 30, 2025, compared to $0.17 per diluted share for the same period in 2024.
- For Q3 2025, Core Funds from Operations (FFO) attributable to common stockholders was $0.48 per diluted share, and Adjusted Funds from Operations (AFFO) was $0.50 per diluted share.
- Same-Property Net Operating Income (NOI) totaled $18.6 million, marking a 2.3% increase compared to the quarter ended September 30, 2024.
- The company strengthened its balance sheet by closing $150.0 million in new term loan financings at an initial fixed interest rate of 4.2% and repaid a $65.0 million term loan due in March 2026.
- CTO Realty Growth repurchased 571,473 shares of common stock for $9.3 million through October 28, 2025, at a weighted average price of $16.27 per share, and increased its full-year Core FFO and AFFO guidance per diluted share.
Oct 28, 2025, 8:10 PM
CTO Realty Growth Reports Q3 2025 Results and Raises Full-Year Outlook
CTO
Earnings
Guidance Update
Debt Issuance
- CTO Realty Growth reported Net Income attributable to common stockholders of $0.03 per diluted share, Core FFO of $0.48 per diluted share, and Adjusted Funds from Operations (AFFO) of $0.50 per diluted share for the quarter ended September 30, 2025.
- The company strengthened its balance sheet by closing $150.0 million in new term loan financings at an initial fixed interest rate of 4.2% and repaying a $65.0 million term loan due in March 2026.
- During the quarter and through October 28, 2025, CTO Realty Growth repurchased 571,473 shares of common stock for $9.3 million, at a weighted average price of $16.27 per share.
- The company increased its full-year 2025 Core FFO guidance to a range of $1.84 to $1.87 per diluted share and AFFO guidance to a range of $1.96 to $1.99 per diluted share.
Oct 28, 2025, 8:05 PM
Faruqi & Faruqi, LLP Investigates CTO Realty Growth Amidst Securities Class Action
CTO
Legal Proceedings
Dividends
Financial Restatement
- Faruqi & Faruqi, LLP is investigating CTO Realty Growth, Inc. and a federal securities class action has been filed against the company.
- The lawsuit covers investors who acquired CTO securities between February 18, 2021, and June 24, 2025, with a deadline of October 7, 2025, for investors to seek lead plaintiff status.
- Allegations include that CTO made false/misleading statements about dividend sustainability, used deceptive practices to inflate its Adjusted Funds From Operations (AFFO), and overstated the profitability of its Ashford Lane property.
- These claims follow a Wolfpack Research report on June 25, 2025, which led to CTO's stock price falling $0.98 per share, or 5.42%, to $17.10 per share that day.
Oct 6, 2025, 3:53 AM
Quarterly earnings call transcripts for CTO Realty Growth.
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more