STOCK TITAN

CTO Realty Growth Inc - CTO STOCK NEWS

Welcome to our dedicated news page for CTO Realty Growth (Ticker: CTO), a resource for investors and traders seeking the latest updates and insights on CTO Realty Growth.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect CTO Realty Growth's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of CTO Realty Growth's position in the market.

Rhea-AI Summary
CTO Realty Growth, Inc. (NYSE: CTO) announced a public offering of 1,500,000 additional shares of the Company’s 6.375% Series A Cumulative Redeemable Preferred Stock at $20.00 per share, raising $30,000,000. The Company granted the underwriters an option to purchase up to 225,000 additional shares. The offering is expected to close on April 11, 2024. Raymond James & Associates, Inc. is the book-running manager.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.3%
Tags
-
Rhea-AI Summary
CTO Realty Growth, Inc. announces a public offering of additional shares of its 6.375% Series A Cumulative Redeemable Preferred Stock. The offering includes 2,978,808 shares of Series A Preferred Stock with a $25.00 per share liquidation preference. The net proceeds will be used for general corporate purposes, property acquisitions, commercial loan opportunities, and debt repayment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.3%
Tags
-
Rhea-AI Summary
CTO Realty Growth (NYSE: CTO) will report its Q1 2024 financial results on May 2, 2024, followed by a conference call on May 3, 2024. The webcast and call details are available on the company's website. Participants are encouraged to register early.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.08%
Tags
Rhea-AI Summary
CTO Realty Growth, Inc. acquires Marketplace at Seminole Towne Center for $68.7 million in a strategic move to expand in the high-growth Orlando market. The property, with top tenants like Ross Dress for Less and TJX Companies, offers stable income and growth potential. The acquisition aligns with the company's goal of delivering long-term value to shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.59%
Tags
-
Rhea-AI Summary
CTO Realty Growth, Inc. announced the sale of a mixed-use property in Santa Fe for $20.0 million, generating a gain of $4.6 million. The company plans to use the proceeds for future acquisitions and debt repayment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.96%
Tags
none
-
Rhea-AI Summary
CTO Realty Growth, Inc. (CTO) provided an update on its leasing activities, signing 16 leases totaling 112,480 square feet year-to-date. The company achieved a significant 89% comparable growth in cash base rent, signing leases at an average of $27.49 per square foot. CTO also secured a 45,000 square foot lease with a regional fitness tenant in Apex, NC, and signed new leases with prominent brands like Altar’d State, Bath & Body Works, and Occidental Petroleum.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.41%
Tags
none
Rhea-AI Summary
CTO Realty Growth, Inc. announces the resignation of CFO Matthew M. Partridge to pursue new opportunities outside the REIT industry. The company is searching for a new CFO to ensure a smooth transition.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.29%
Tags
none
-
Rhea-AI Summary
CTO Realty Growth, Inc. announced its operating results for the quarter and year ended December 31, 2023. Key highlights include reported net income per diluted share of $0.03, Core FFO per diluted share of $1.77, and AFFO per diluted share of $1.91. The company invested in retail property acquisitions, originated first mortgages, and sold income properties. Despite a decrease in Same-Property NOI, the company signed comparable leases and repurchased shares. CEO John P. Albright highlighted strong operational performance and strategic initiatives for future growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.73%
Tags
-
Rhea-AI Summary
CTO Realty Growth, Inc. (NYSE: CTO) declares a quarterly cash dividend of $0.38 per share for common stock and $0.39844 per share for preferred stock for the first quarter of 2024, with an annualized yield of approximately 9.3% for common stock.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.61%
Tags
dividends earnings
Rhea-AI Summary
CTO Realty Growth (NYSE: CTO) will report its financial and operating results for the fourth quarter and full year 2023 on February 22, 2024, followed by a conference call on February 23, 2024. The live webcast and call details are available on the Investor Relations page of the Company’s website. Participants are encouraged to register and dial into the conference call at least fifteen minutes ahead of the scheduled start time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.41%
Tags
CTO Realty Growth Inc

NYSE:CTO

CTO Rankings

CTO Stock Data

385.69M
19.92M
11.39%
62.37%
3.75%
Lessors of Other Real Estate Property
Real Estate and Rental and Leasing
Link
US
Daytona Beach

About CTO

consolidated-tomoka land co. is a florida-based publicly traded real estate company, which owns a portfolio of income investments in diversified markets in the united states including approximately 2.3 million square feet of income properties, as well as approximately 5,300 acres of land in the daytona beach area. the company’s business strategy includes becoming a company with a more predictable earnings pattern from geographically dispersed real estate holdings. currently the company has 49 income properties located in 15 states across the u.s.