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.

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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.)

CTO Returns

Adding the $4.00 annual CTO Realty Growth Inc. forward-looking dividend to my $6.49 price upside estimate shows a $10.49 potential gross gain, per share, to be reduced by any costs to trade the shares. Say we invest a little over$1000 in CTO at $53.51 per share, we'd buy 19 shares.

A $10 broker fee (if charged) would be paid half at purchase and half at a sale and might cost us about $0.53 per share.

Subtract that maybe $0.53 brokerage cost from my estimated $10.49 gross gain per share results in a net gain of $9.96 X 19 shares = $189.24 for an 18.9% net gain on a $1,016.69 investment.

So it is that CTO Realty Growth Inc. shows a possible 18.9% net gain including a 7.48% forward estimated dividend yield. 

Over the next year at this time, a $1000 investment in CTO would generate $74.80 in cash dividends. And a single share bought at yesterday's closing price was $53.51! So, if CTO is your kind of real estate developer investment, CTO Realty Growth Inc.'s share price is about $21.29 below the expected annual dividend income from $1,000 invested. This suggests that now is the time to add CTO Realty Growth Inc. (CTO) to your stock holdings. Do so before the price exceeds the dividend income from$1K invested.

All of the estimates above are speculation based on the past history of CTO Realty Growth Inc. (CTO). Only time and money invested in this stock will determine its true worth.