E Daily Stock Analysis: CTO Realty Growth (CTO)

CTO Realty Growth Inc. goes by the ticker symbol CTO and is a small cap member of the real estate sector as a real estate developer. This is my first ever report on CTO Realty Growth Inc. for this Vista folio or any of those preceding.

CTO Realty Growth Inc. is a Florida-based real estate company, which owns income properties comprised of approximately 2.4 million square feet in diversified markets in the United States.

Its portfolio of assets consists of income Properties Portfolio, Subsurface Interests, and Commercial Loan Investments.

Image Source: Unsplash

CTO also owns an approximate 23.5% interest in Alpine Income Property Trust, Inc., a publicly-traded net lease real estate investment trust (NYSE: PINE).

The Company is a corporation organized in the state of Maryland and has been renamed “CTO Realty Growth, Inc.” The Company’s charter includes certain standard REIT provisions, including ownership limitations and transfer restrictions applicable to the Company’s capital stock.

It is headquartered in Daytona Beach, Florida.

Three key data points gauge dividend equities or funds like CTO Realty Growth Inc. (CTO):

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether any company has made, is making, and will make money. 

CTO Price

CTO's price per share closed at $53.51 Friday. One year ago its price was $44.54.Thus, price per share grew over 20% year over year as it recovered from the COVID doldrums. 

Should CTO's stock trade in the range of $35 to $65.00 this next year, its recent $53.51 price might rise by $6.49 to reach $60 by June 7, 2022. My estimate corresponds with that of the four analysts tracking CTO.

CTO Dividends

CTO Realty Growth Inc.'s most recent quarterly dividend of $1.00 is payable June 30th and equates to $4.00 annually which will yield 7.48% based on Friday's $53.51 closing price. BHB has paid quarterly dividends increasing annually since 2013 (8 years.)

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Disclaimer:  This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a ...

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