CTO Realty Growth (CTO) AI Stock Analysis

• Market Cap: $573.64M
• Dividend Yield: 8.58%
• Average Volume (3M): 275.30K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.37
• Revenue Growth: 23.84%
• EPS Growth: -312.04%
• Country: US
• Employees: 37
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Diversified
• EPS (TTM): 0.03
• Shares Outstanding: 32,372,290
• 10 Day Avg. Volume: 404,943
• 30 Day Avg. Volume: 275,299
• PEG Ratio: 0.22
• Price to Book (P/B): 0.82
• Price to Sales (P/S): 4.01
• P/FCF Ratio: 7.21
• Enterprise Value/Market Cap: 1.98
• Enterprise Value/Revenue: 7.72
• Enterprise Value/Gross Profit: 10.36
• Enterprise Value/Ebitda: 46.64
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): -0.77
• Revenue Forecast (FY): $149.02M

• Rating: 69 Neutral
• Price Target: $19.50 ▲(7.79% Upside)

CTO Realty Growth's overall score is driven by strong technical indicators and positive earnings call sentiment, supported by strategic corporate actions. However, profitability challenges and high leverage impact the financial performance and valuation scores.

Positive Factors

Strong Leasing Activity

Robust leasing activity indicates strong demand for CTO's properties, enhancing revenue stability and supporting long-term growth.

Enhanced Liquidity

Improved liquidity through strategic financing strengthens CTO's ability to invest in growth opportunities and manage debt effectively.

Increased Financial Guidance

Raising financial guidance reflects confidence in operational performance and future earnings potential, supporting investor confidence.

Negative Factors

Profitability Challenges

Ongoing profitability issues could limit reinvestment capabilities and shareholder returns, posing a risk to long-term financial health.

High Leverage

High leverage necessitates careful debt management to avoid financial strain, potentially impacting future investment flexibility.

Vacancy Challenges

Persistent vacancies can hinder revenue growth and increase carrying costs, affecting overall profitability and market perception.

CTO Realty Growth Business Overview & Revenue Model

Company Description

CTO Realty Growth, Inc. is a Florida-based publicly traded real estate company, which owns income properties comprised of approximately 2.4 million square feet in diversified markets in the United States and an approximately 23.5% interest in Alpine Income Property Trust, Inc., a publicly traded net lease real estate investment trust (NYSE: PINE).

How the Company Makes Money

CTO Realty Growth generates revenue primarily through rental income derived from its portfolio of leased properties. The company typically enters into long-term lease agreements with tenants, ensuring a stable and predictable cash flow. Additionally, CTO may realize profits through property appreciation and strategic property sales. The company's revenue model is bolstered by its focus on acquiring properties in high-demand locations, which attracts reliable tenants and supports rental growth. Significant partnerships with property management firms and real estate brokers further enhance its ability to identify and acquire lucrative investment opportunities, contributing to its overall earnings.

CTO Realty Growth Financial Statement Overview

Summary

CTO Realty Growth shows positive revenue growth and strong gross margins, but faces profitability challenges with a negative net profit margin and high leverage typical for the REIT industry. Cash flow management is strong, with efficient cash conversion despite negative net income.

Income Statement

CTO Realty Growth shows a positive revenue growth trend with a 4.22% increase in TTM, indicating expanding operations. However, the company is currently facing profitability challenges, as evidenced by a negative net profit margin of -22.69% and a negative EBIT margin. The gross profit margin remains strong at 74.48%, suggesting efficient cost management at the gross level, but the negative net income highlights issues at the operating and net levels.

Balance Sheet

The balance sheet reflects a stable equity position with a debt-to-equity ratio of 1.11, which is relatively high but manageable within the REIT industry. The return on equity is negative, indicating challenges in generating returns for shareholders. The equity ratio is not explicitly provided, but the overall leverage suggests a cautious approach to debt management is necessary.

Cash Flow

CTO Realty Growth demonstrates strong cash flow management with a positive free cash flow growth rate of 5.60% in TTM. The operating cash flow to net income ratio is robust, indicating effective cash generation relative to reported earnings. The free cash flow to net income ratio of 1.0 suggests that the company is converting its earnings into cash efficiently, despite the negative net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	146.95M	124.52M	109.12M	82.32M	70.27M	56.38M
Gross Profit	109.45M	91.30M	78.94M	59.46M	47.84M	41.17M
EBITDA	24.32M	75.03M	71.70M	46.56M	55.78M	24.46M
Net Income	-33.34M	-1.97M	5.53M	3.16M	29.94M	78.51M
Balance Sheet
Total Assets	1.22B	1.18B	989.67M	986.54M	733.14M	665.93M
Cash, Cash Equivalents and Short-Term Investments	44.30M	48.68M	49.66M	61.37M	49.65M	34.86M
Total Debt	619.20M	534.41M	506.23M	455.53M	284.07M	298.24M
Total Liabilities	665.10M	568.85M	532.14M	481.77M	302.66M	315.03M
Stockholders Equity	557.25M	612.80M	457.53M	504.77M	430.48M	350.90M
Cash Flow
Free Cash Flow	75.12M	69.35M	46.42M	-257.83M	27.58M	-150.88M
Operating Cash Flow	81.25M	69.35M	46.42M	56.10M	27.58M	16.93M
Investing Cash Flow	-122.12M	-242.15M	-52.56M	-267.63M	-102.97M	-91.12M
Financing Cash Flow	48.57M	172.35M	2.77M	201.38M	72.91M	-26.89M

CTO Realty Growth Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 18.09
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CTO, the sentiment is Positive. The current price of 18.09 is above the 20-day moving average (MA) of 17.77, above the 50-day MA of 16.96, and above the 200-day MA of 16.73, indicating a neutral trend. The MACD of 0.27 indicates Positive momentum. The RSI at 54.58 is Neutral, neither overbought nor oversold. The STOCH value of 24.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CTO.

CTO Realty Growth Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
OLP	71 Outperform	$436.15M	12.92	10.91%	8.93%	7.71%	-5.37%
CTO	69 Neutral	$573.64M	-13.78	-5.80%	8.58%	23.84%	-312.04%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
AHH	61 Neutral	$531.42M	48.67	4.09%	9.50%	-39.94%	―
FVR	61 Neutral	$426.13M	-16.54	-4.39%	5.70%	―	―
GOOD	60 Neutral	$519.01M	56.26	5.96%	11.48%	4.95%	-6.49%
PKST	56 Neutral	$524.27M	-1.62	-31.72%	5.44%	-16.50%	-640.43%

CTO Realty Growth Corporate Events

CTO Realty Growth Reduces Management Fee for PINE

CTO Realty Growth, through its wholly-owned subsidiary, manages the operations of Alpine Income Property Trust, Inc. (PINE) under a management agreement. On November 5, 2025, the Manager waived a portion of its base management fee related to PINE’s public offering of its Series A Preferred Stock, reducing the fee rate on the incremental equity base from 1.50% to 0.75% per annum.

CTO Realty Growth Q3 2025 Financial Results Released

On October 28, 2025, CTO Realty Growth announced its financial results for the third quarter of 2025, reporting a net income of $0.03 per diluted share and a 2.3% increase in same-property NOI compared to the previous year. The company strengthened its balance sheet with a $150 million term loan financing and repurchased shares worth $9.3 million. Despite a decrease in net income attributable to common stockholders, the company increased its full-year Core FFO and AFFO guidance, reflecting strong operational performance and leasing results.

CTO Realty Growth Secures $150 Million Term Loan

On September 25, 2025, CTO Realty Growth, Inc. announced the successful closing of $150 million in term loan financing, which includes a new $125 million term loan due September 2030 and a $25 million upsizing of the existing term loan due September 2029. This transaction enhances the company’s liquidity to approximately $165 million, extends its debt maturity profile, and provides flexibility to pursue investments in high-quality shopping center assets, aligning with its long-term strategy.

CTO Realty Growth Announces New $10M Stock Buyback

On September 24, 2025, CTO Realty Growth, Inc. announced the approval of a new $10 million common stock repurchase program by its Board of Directors. This new program follows the completion of a previous $5 million repurchase initiative, under which approximately $4.3 million of common stock was repurchased over the past 60 days. The new program allows for repurchases in open market transactions, block purchases, and privately negotiated transactions, providing flexibility in execution. This move is expected to enhance shareholder value and reflects the company’s confidence in its financial position and future prospects.