CTO Realty Growth(CTO)
Search documents
CTO Realty Growth, Inc. (CTO) Shares Decline Amid Wolfpack Report – Hagens Berman
GlobeNewswire News Room· 2025-07-23 21:56
Core Viewpoint - The share price of CTO Realty Growth, Inc. significantly declined following allegations from Wolfpack Research regarding misleading statements about dividend sustainability and questionable financial practices [1][4]. Group 1: Allegations and Investigations - Wolfpack Research published a report accusing CTO of misleading investors about its dividend sustainability and engaging in dubious financial activities, leading to a decline in share price [1][4]. - Hagens Berman, a national shareholders rights firm, has initiated an investigation into CTO's practices and potential violations of securities laws, urging affected investors to come forward [2][3]. - The investigation focuses on CTO's adherence to accounting rules and the use of non-GAAP accounting metrics, particularly concerning the quality of its real estate portfolio and reported asset values [3][5]. Group 2: Financial Practices and Management - Wolfpack's report claims that CTO's management has misrepresented the quality of its properties, highlighting that some are in extreme financial distress and that the company relies on dilution to cover a $38 million dividend shortfall [4][5]. - The report criticizes CTO's definition of Adjusted Funds From Operation (AFFO), stating it excludes recurring capital expenditures, which is not consistent with industry peers, and suggests that management has inflated performance bonuses by $8 million [5][8]. - Allegations include misleading investors about dividend sustainability while enriching management and engaging in questionable accounting practices, such as using a sham loan to mask a tenant's failure [8].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of CTO Realty Growth, Inc. - CTO
GlobeNewswire News Room· 2025-07-14 14:00
NEW YORK, July 14, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of CTO Realty Growth, Inc. (“CTO” or the “Company”) (NYSE: CTO). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether CTO and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On June 25, 2025, ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of CTO Realty Growth, Inc. - CTO
GlobeNewswire News Room· 2025-07-06 14:00
Core Viewpoint - Pomerantz LLP is investigating claims of potential securities fraud and unlawful business practices involving CTO Realty Growth, Inc. following a report by Wolfpack Research that accused the company of misleading investors regarding dividend sustainability and engaging in questionable financial activities [1][3]. Group 1: Investigation and Allegations - Pomerantz LLP is representing investors of CTO Realty Growth, Inc. in an investigation concerning possible securities fraud or other unlawful business practices [1]. - Wolfpack Research published a report on June 25, 2025, alleging that CTO misled investors about its dividend sustainability, leading to a significant drop in stock price [3]. - Following the release of the Wolfpack report, CTO's stock price decreased by $0.98 per share, or 5.42%, closing at $17.10 per share on the same day [3]. Group 2: Company Background - CTO Realty Growth, Inc. is listed on the NYSE under the ticker symbol CTO [1]. - Pomerantz LLP is recognized as a leading firm in corporate, securities, and antitrust class litigation, with a history of recovering substantial damages for victims of securities fraud [4].
CTO Realty Growth: This Near 9% Yield Is A Gift For Long-Term Investors
Seeking Alpha· 2025-07-03 11:03
In the case of REITs ( XLRE ), many have underperformed over the past few years thanks to higher for longer interest rates. However, if you're a long-term investor, this has offered you a chance to pick up some quality REITsContributing analyst to the iREIT+Hoya Capital investment group. The Dividend Collectuh is not a registered investment professional nor financial advisor and these articles should not be taken as financial advice. This is for educational purposes only and I encourage everyone to do their ...
CTO ALERT: Bragar Eagel & Squire, P.C. is Investigating CTO Realty Growth, Inc. on Behalf of CTO Stockholders and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-07-02 01:00
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against CTO Realty Growth, Inc. for possible violations of federal securities laws and unlawful business practices [1][2] Group 1: Investigation Details - The investigation is initiated on behalf of CTO stockholders to assess the legality of the company's business practices [1] - Wolfpack Research published a report alleging "manipulative" accounting practices by CTO, particularly regarding the definition of Adjusted Funds From Operation [2] - The report also claims that management utilized a "sham loan" to hide issues with a significant tenant and anticipates potential future dilution due to financial reserves [2] Group 2: Stock Performance - Following the allegations, CTO's stock price decreased by $0.98, closing at $17.10 per share [2]
CTO Realty Growth, Inc. (CTO) Shares Decline Amid Wolfpack Report- Hagens Berman
Prnewswire· 2025-06-26 15:48
Core Viewpoint - The article discusses the significant decline in share prices of CTO Realty Growth, Inc. following allegations from Wolfpack Research regarding misleading statements about dividend sustainability and questionable financial practices [1][2]. Group 1: Allegations and Investigations - Wolfpack Research published a report accusing CTO of misleading investors about its dividend sustainability and engaging in dubious financial activities, prompting Hagens Berman to investigate potential violations of securities laws [1][2]. - The investigation focuses on CTO's assurances regarding adherence to accounting rules and the use of non-GAAP accounting metrics, particularly the definition of Adjusted Funds From Operation (AFFO) [2][4]. - Wolfpack's report claims that CTO's management has misrepresented the quality of its real estate portfolio and asset values, highlighting financial distress in some properties and reliance on dilution to cover a $38 million dividend shortfall [3][4]. Group 2: Financial Practices and Management - The report criticizes CTO's management for using a manipulative definition of AFFO that excludes recurring capital expenditures, which is not consistent with practices of peer REITs, and suggests that this has inflated management bonuses by $8 million [4]. - Hagens Berman's investigation aims to determine if CTO misled investors regarding the quality of its real estate portfolio and the propriety of its financial reporting practices [4]. Group 3: Call to Action for Investors - Hagens Berman encourages CTO investors who have experienced substantial losses to come forward and assist in the investigation, as well as whistleblowers with non-public information [5][6]. - The firm highlights the potential for whistleblowers to receive rewards under the SEC Whistleblower program for providing original information that leads to successful recovery [5].
CTO Realty Growth Announces Second Quarter 2025 Earnings Release and Conference Call Information
Globenewswire· 2025-06-25 20:05
Core Viewpoint - CTO Realty Growth will report its financial and operating results for Q2 2025 on July 29, 2025, after market close, with a conference call scheduled for July 30, 2025, at 9:00 AM ET [1]. Group 1 - A live webcast of the conference call will be available on the Company's Investor Relations page [2]. - Participants are encouraged to register and dial in at least fifteen minutes before the call starts [3]. - A replay of the earnings call will be archived and accessible online through the Investor Relations section of the Company's website [3]. Group 2 - CTO Realty Growth, Inc. owns and operates high-quality, open-air shopping centers in the Southeast and Southwest markets of the United States [4]. - The Company also manages and holds a significant interest in Alpine Income Property Trust, Inc. [4]. - Recent investor presentations and supplemental financial information can be reviewed on the Company's website [4].
CTO Realty Growth, Inc. (CTO) Shares Decline Amid Wolfpack Report– Hagens Berman
GlobeNewswire News Room· 2025-06-25 17:26
Core Viewpoint - The share price of CTO Realty Growth, Inc. significantly declined following allegations from Wolfpack Research regarding misleading statements about dividend sustainability and questionable financial practices [1]. Group 1: Allegations and Investigations - Hagens Berman, a national shareholders rights firm, has initiated an investigation into CTO Realty Growth, Inc. to determine if the company violated securities laws and is urging affected investors to report their losses [2]. - The investigation focuses on CTO's claims of adhering to accounting rules and the use of non-GAAP accounting metrics, particularly concerning the quality of its real estate portfolio and reported asset values [3][5]. Group 2: Financial Distress and Management Practices - Wolfpack Research's report indicates that CTO's management has misrepresented the quality of its properties, revealing that some are in severe financial distress and that the company relies on dilution to cover a $38 million dividend shortfall [4]. - The report criticizes CTO's definition of Adjusted Funds From Operation (AFFO), claiming it excludes recurring capital expenditures, which is not consistent with industry peers, and suggests that management's compensation is inflated based on this metric [5]. Group 3: Whistleblower Information - Whistleblowers with non-public information about CTO Realty Growth are encouraged to assist in the investigation, with potential rewards under the SEC Whistleblower program for original information leading to successful recovery [6].
I'm Locking 7-8% Yields For Future Retirement Income
Seeking Alpha· 2025-06-18 12:00
Group 1 - iREIT+HOYA Capital focuses on income-producing asset classes that provide sustainable portfolio income, diversification, and inflation hedging [1] - The service offers a free two-week trial to explore top ideas across exclusive income-focused portfolios [1] Group 2 - Compounding wealth through dividends is highlighted as an effective strategy for building a retirement nest egg, providing cash flow flexibility for reinvestment [2] - The focus is on defensive stocks with a medium- to long-term investment horizon [2]
CTO Realty Growth Declares Dividends for the Second Quarter 2025
Globenewswire· 2025-05-27 20:05
Core Points - CTO Realty Growth, Inc. has declared a quarterly cash dividend of $0.38 per share for the second quarter of 2025, representing an annualized yield of approximately 8.5% based on the stock's closing price on May 23, 2025 [1] - The cash dividend is payable on June 30, 2025, to stockholders of record as of June 12, 2025, with the ex-dividend date also on June 12, 2025 [2] - Additionally, a quarterly cash dividend of $0.39844 per share for the Company's 6.375% Series A Cumulative Redeemable Preferred Stock has been authorized for the same period, also payable on June 30, 2025 [3] Company Overview - CTO Realty Growth, Inc. specializes in owning and operating high-quality, open-air shopping centers in the Southeast and Southwest markets of the United States [4] - The Company also manages and holds a significant interest in Alpine Income Property Trust, Inc. [4]