An announcement from CTO Realty Growth ( (CTO) ) is now available.
CTO Realty Growth, Inc. reported a robust third quarter in 2024, showcasing impressive financial growth with a net income per share increase to $0.17 and Core FFO rising by 6.4%. The company raised $125.7 million through its stock offering and secured a $100 million unsecured term loan. With investments totaling $191.3 million and maintaining liquidity of $213 million, CTO also revised its full-year Core FFO and AFFO guidance upwards, highlighting strategic acquisitions and disciplined financial management.
For detailed information about CTO stock, go to TipRanks’ Stock Analysis page.