Latest news with #CTORealtyGrowth
Yahoo
7 days ago
- Business
- Yahoo
Seeking Passive Income? This ‘Strong Buy' Dividend Stock Yields 8.6%.
If you're aiming to build a reliable source of passive income, high-yield dividend stocks remain an attractive option. By investing in financially stable companies with consistent dividend payouts, you can enjoy regular income along with potential for decent long-term capital appreciation. Among the leading high-yield dividend stocks, CTO Realty Growth (CTO) stands out for its high yield of 8.6% and sustainable payouts. Moreover, analysts have a 'Strong Buy' consensus rating on the shares of this real estate investment trust (REIT), indicating that they are confident about its prospects. Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! CTO Realty Growth owns and manages high-quality retail properties across some of the fastest-growing markets in the U.S. It focuses on building community hubs that generate solid tenant demand. The REIT's portfolio is built around multi-tenant spaces anchored by essential businesses such as grocery stores, lifestyle retailers, and service providers. These types of tenants ensure consistent foot traffic and create a more resilient tenant mix, which is key for stable cash flow, especially in uncertain economic conditions. The REIT also focuses on acquiring high-potential properties and then increasing value through leasing vacant space, raising below-market rents, and redeveloping key assets. This strategy enhances immediate income and builds long-term value across its portfolio. CTO also benefits from its external management role and ownership interest in Alpine Income Property Trust (PINE), another publicly traded REIT. This relationship broadens CTO's exposure to income-producing real estate and further diversifies its revenue base. The REIT's operational performance remains solid, reflected through strong leasing activity. In the first quarter of 2025, CTO signed over 112,000 square feet of new leases, renewals, and extensions at an average rent of $24.14 per square foot. This was about 25% above its existing portfolio average and highlights the strong demand for CTO's properties and its ability to drive rental income higher over time. At the end of the latest quarter, CTO's portfolio was 93.8% leased and 91% occupied. The REIT has a pipeline of signed leases not yet generating rent that equates to about $4 million in annual base rent, roughly 4% of current cash rents. These leases are expected to begin contributing in the back half of 2025, further strengthening its performance. Further, its development plans also remain solid. CTO continues to make progress on lease negotiations for its 10 acres of undeveloped land. As this site and other leasing deals come online in the second half of 2025, they are expected to serve as a strong growth engine into 2026. Further, despite ongoing concerns around macroeconomic headwinds like trade tariffs, CTO appears well-insulated, thanks to its focus on high-growth markets, diverse tenant base, and well-located properties. CTO also made a notable acquisition in the past quarter, Ashley Park, a 559,000-square-foot open-air lifestyle center in the Newnan submarket of Atlanta. Acquired for $79.8 million, the center has multiple upsides, including significant leasing potential, under-market rents, and a purchase price far below replacement cost. The acquisition brings immediate scale and future income growth. Notably, CTO has been re-leasing anchor spaces vacated by bankrupt tenants at the end of 2024 and early 2025. CTO has already re-leased two vacant anchor spaces and is close to finalizing deals on two more. Management remains confident in achieving a 40% to 60% positive cash leasing spread from these re-leases, which would provide a meaningful boost to income. In summary, CTO Realty's focus on high-quality tenants, properties in high-growth markets, strong occupancy rate, and a solid pipeline of lease commencements positions it well to deliver steady growth and will support its dividend payouts. Wall Street analysts recommend a 'Strong Buy' consensus rating on CTO Realty stock amid macro uncertainty. Moreover, it pays a quarterly dividend of $0.38 per share, reflecting an attractive yield of 8.6%, making it a compelling income stock. On the date of publication, Amit Singh did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
15-07-2025
- Business
- Yahoo
Seeking Passive Income? This ‘Strong Buy' Dividend Stock Yields 8.6%.
If you're aiming to build a reliable source of passive income, high-yield dividend stocks remain an attractive option. By investing in financially stable companies with consistent dividend payouts, you can enjoy regular income along with potential for decent long-term capital appreciation. Among the leading high-yield dividend stocks, CTO Realty Growth (CTO) stands out for its high yield of 8.6% and sustainable payouts. Moreover, analysts have a 'Strong Buy' consensus rating on the shares of this real estate investment trust (REIT), indicating that they are confident about its prospects. Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! CTO Realty Growth owns and manages high-quality retail properties across some of the fastest-growing markets in the U.S. It focuses on building community hubs that generate solid tenant demand. The REIT's portfolio is built around multi-tenant spaces anchored by essential businesses such as grocery stores, lifestyle retailers, and service providers. These types of tenants ensure consistent foot traffic and create a more resilient tenant mix, which is key for stable cash flow, especially in uncertain economic conditions. The REIT also focuses on acquiring high-potential properties and then increasing value through leasing vacant space, raising below-market rents, and redeveloping key assets. This strategy enhances immediate income and builds long-term value across its portfolio. CTO also benefits from its external management role and ownership interest in Alpine Income Property Trust (PINE), another publicly traded REIT. This relationship broadens CTO's exposure to income-producing real estate and further diversifies its revenue base. The REIT's operational performance remains solid, reflected through strong leasing activity. In the first quarter of 2025, CTO signed over 112,000 square feet of new leases, renewals, and extensions at an average rent of $24.14 per square foot. This was about 25% above its existing portfolio average and highlights the strong demand for CTO's properties and its ability to drive rental income higher over time. At the end of the latest quarter, CTO's portfolio was 93.8% leased and 91% occupied. The REIT has a pipeline of signed leases not yet generating rent that equates to about $4 million in annual base rent, roughly 4% of current cash rents. These leases are expected to begin contributing in the back half of 2025, further strengthening its performance. Further, its development plans also remain solid. CTO continues to make progress on lease negotiations for its 10 acres of undeveloped land. As this site and other leasing deals come online in the second half of 2025, they are expected to serve as a strong growth engine into 2026. Further, despite ongoing concerns around macroeconomic headwinds like trade tariffs, CTO appears well-insulated, thanks to its focus on high-growth markets, diverse tenant base, and well-located properties. CTO also made a notable acquisition in the past quarter, Ashley Park, a 559,000-square-foot open-air lifestyle center in the Newnan submarket of Atlanta. Acquired for $79.8 million, the center has multiple upsides, including significant leasing potential, under-market rents, and a purchase price far below replacement cost. The acquisition brings immediate scale and future income growth. Notably, CTO has been re-leasing anchor spaces vacated by bankrupt tenants at the end of 2024 and early 2025. CTO has already re-leased two vacant anchor spaces and is close to finalizing deals on two more. Management remains confident in achieving a 40% to 60% positive cash leasing spread from these re-leases, which would provide a meaningful boost to income. In summary, CTO Realty's focus on high-quality tenants, properties in high-growth markets, strong occupancy rate, and a solid pipeline of lease commencements positions it well to deliver steady growth and will support its dividend payouts. Wall Street analysts recommend a 'Strong Buy' consensus rating on CTO Realty stock amid macro uncertainty. Moreover, it pays a quarterly dividend of $0.38 per share, reflecting an attractive yield of 8.6%, making it a compelling income stock. On the date of publication, Amit Singh did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Globe and Mail
08-07-2025
- Business
- Globe and Mail
CTO Investors Have Opportunity to Join CTO Realty Growth, Inc. Fraud Investigation with the Schall Law Firm
The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of CTO Realty Growth, Inc. ('CTO' or 'the Company') (NYSE: CTO) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. CTO is the subject of a report published by Wolfpack Research on June 25, 2025, titled: "CTO: The B. Riley of REITs.' The report claims that the Company misleads investors about the sustainability of its dividend. Based on this report, shares of CTO fell by more than 5.4%. If you are a shareholder who suffered a loss, click here to participate. We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at or by email at bschall@ The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
Yahoo
25-06-2025
- Business
- Yahoo
CTO Realty Growth Announces Second Quarter 2025 Earnings Release and Conference Call Information
WINTER PARK, Fla., June 25, 2025 (GLOBE NEWSWIRE) -- CTO Realty Growth (NYSE: CTO) (the 'Company') announced today that it will report its financial and operating results for the second quarter of 2025 after the market closes on Tuesday, July 29, 2025. A conference call to discuss its financial and operating results is scheduled for Wednesday, July 30, 2025 at 9:00 AM ET. A live webcast of the call will be available on the Investor Relations page of the Company's website at or at the link provided in the event details below. To access the call by phone, please go to the registration link provided in the event details below and you will be provided with dial-in details. Event Details: Webcast: Registration: We encourage participants to register and dial into the conference call at least fifteen minutes ahead of the scheduled start time. A replay of the earnings call will be archived and available online through the Investor Relations section of the Company's website at About CTO Realty Growth, Inc. CTO Realty Growth, Inc. owns and operates high-quality, open-air shopping centers located in the higher growth Southeast and Southwest markets of the United States. CTO also externally manages and owns a meaningful interest in Alpine Income Property Trust, Inc. (NYSE: PINE). We encourage you to review our most recent investor presentation and supplemental financial information, which is available on our website at CONTACT: Contact: Investor Relations ir@
Yahoo
27-05-2025
- Business
- Yahoo
CTO Realty Growth Declares Dividends for the Second Quarter 2025
WINTER PARK, Fla., May 27, 2025 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the 'Company' or 'CTO') announced today that its Board of Directors has authorized, and the Company has declared, a quarterly cash dividend of $0.38 per share of common stock for the second quarter of 2025 (the 'Common Stock Cash Dividend'). The Common Stock Cash Dividend represents an annualized yield of approximately 8.5% based on the closing price of the Company's common stock on May 23, 2025. The Common Stock Cash Dividend is payable on June 30, 2025, to stockholders of record as of the close of business on June 12, 2025, and the ex-dividend date for the Common Stock Cash Dividend is June 12, 2025. The Board of Directors also authorized, and the Company has declared, a quarterly cash dividend of $0.39844 per share of the Company's 6.375% Series A Cumulative Redeemable Preferred Stock for the second quarter of 2025, to be paid on June 30, 2025, to stockholders of record as of the close of business on June 12, 2025. About CTO Realty Growth, Inc. CTO Realty Growth, Inc. owns and operates high-quality, open-air shopping centers located in the higher growth Southeast and Southwest markets of the United States. CTO also externally manages and owns a meaningful interest in Alpine Income Property Trust, Inc. (NYSE: PINE). We encourage you to review our most recent investor presentation and supplemental financial information, which is available on our website at Safe Harbor Certain statements contained in this press release (other than statements of historical fact) are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements can typically be identified by words such as 'believe,' 'estimate,' 'expect,' 'intend,' 'anticipate,' 'will,' 'could,' 'may,' 'should,' 'plan,' 'potential,' 'predict,' 'forecast,' 'project,' and similar expressions, as well as variations or negatives of these words. Although forward-looking statements are made based upon management's present expectations and beliefs concerning future developments and their potential effect upon the Company, a number of factors could cause the Company's actual results to differ materially from those set forth in the forward-looking statements. Such factors may include, but are not limited to: the Company's ability to remain qualified as a REIT; the Company's exposure to U.S. federal and state income tax law changes, including changes to the REIT requirements; general adverse economic and real estate conditions; macroeconomic and geopolitical factors, including but not limited to inflationary pressures, interest rate volatility, distress in the banking sector, global supply chain disruptions, and ongoing geopolitical war; credit risk associated with the Company investing in structured investments; the ultimate geographic spread, severity and duration of pandemics such as the COVID-19 Pandemic and its variants, actions that may be taken by governmental authorities to contain or address the impact of such pandemics, and the potential negative impacts of such pandemics on the global economy and the Company's financial condition and results of operations; the inability of major tenants to continue paying their rent or obligations due to bankruptcy, insolvency or a general downturn in their business; the loss or failure, or decline in the business or assets of PINE; the completion of 1031 exchange transactions; the availability of investment properties that meet the Company's investment goals and criteria; the uncertainties associated with obtaining required governmental permits and satisfying other closing conditions for planned acquisitions and sales; and the uncertainties and risk factors discussed in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2024 and other risks and uncertainties discussed from time to time in the Company's filings with the U.S. Securities and Exchange Commission. There can be no assurance that future developments will be in accordance with management's expectations or that the effect of future developments on the Company will be those anticipated by management. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to update the information contained in this press release to reflect subsequently occurring events or circumstances. CONTACT: Contact: Investor Relations ir@
