CTO Realty Growth: Get Paid To Wait For The Valuation Discount To Close [Seeking Alpha]
CTO Realty Growth, Inc. (CTO)
NASDAQ:AMEX Investor Relations:
ir.ctlc.com
Company Research
Source: Seeking Alpha
Follower s Follow Summary CTO Realty Growth is undervalued due to near-term debt concerns, presenting a buying opportunity as refinancing at favorable rates is likely with dropping interest rates. The REIT's portfolio focuses on high-quality properties in growth markets, with strong economic fundamentals and long-term leases, enhancing stability and income potential. Q2'24 results exceeded expectations, with top line growth driven by new property acquisitions and improving occupancy rates, indicating strong operational performance. Despite high leverage, CTO Realty Growth's low cost of capital and favorable refinancing prospects support its financial stability and potential for future growth. Trading wide of peer valuations, investors are getting paid a generous 8% dividend in the meantime, getting paid to wait. Margarita-Young Investment Thesis CTO Realty Growth ( NYSE: CTO ) trades at a discount to peers because of near-term debt coming due as early as 2026, whi
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CTO
News
- CTO Realty Growth Declares Dividends for the Fourth Quarter 2024GlobeNewswire
- CTO Realty Growth Originates a First Mortgage Loan for Whole Foods Market Anchored Development Neighboring The Collection at Forsyth [Yahoo! Finance]Yahoo! Finance
- CTO Realty Growth Originates a First Mortgage Loan for Whole Foods Market Anchored Development Neighboring The Collection at ForsythGlobeNewswire
- CTO Realty Growth, Inc. (NYSE: CTO) was upgraded by analysts at Raymond James from an "outperform" rating to a "strong-buy" rating. They now have a $24.00 price target on the stock, up previously from $22.00.MarketBeat
- CTO Realty Growth, Inc. (NYSE: CTO) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
CTO
Earnings
- 10/24/24 - Beat
CTO
Sec Filings
- 11/13/24 - Form EFFECT
- 11/12/24 - Form SC
- 11/12/24 - Form 144
- CTO's page on the SEC website