CTO Realty Growth, Inc. is a publicly traded real estate investment trust that owns and operates a portfolio of high-quality, retail-based properties located primarily in higher growth markets in the United States. CTO also externally manages and owns a meaningful interest in Alpine Income Property Trust, Inc. (NYSE:PINE), a publicly traded net lease REIT. Upon the effectiveness of Mr. Mays's appointment, Mr. Mays will act as the Company's principal financial officer, and Lisa M. Vorakoun will resume her ro ...

Core Viewpoint - CTO Realty Growth, Inc. has corrected the ex-dividend date for its second quarter dividends from June 12, 2024, to June 13, 2024, with all other details remaining unchanged [1] Company Overview - CTO Realty Growth, Inc. is a publicly traded real estate investment trust (REIT) that focuses on owning and operating a portfolio of high-quality retail-based properties primarily located in higher growth markets in the United States [2] - The company also externally manages and holds a significant interest in Alpine Income Property Trust, Inc., which is another publicly traded net lease REIT [2] Additional Information - Investors are encouraged to review the most recent investor presentation and supplemental financial information available on the company's website [3]

WINTER PARK, Fla., May 28, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the "Company" or "CTO") announced today that its Board of Directors has authorized, and the Company has declared a quarterly cash dividend of $0.38 per share of common stock for the second quarter of 2024 (the "Common Stock Cash Dividend"). The Common Stock Cash Dividend represents an annualized yield of approximately 8.7% based on the closing price of the Company's common stock on May 24, 2024. The Common Stock Cash Di ...

WINTER PARK, Fla., May 28, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the "Company" or "CTO") announced today that its Board of Directors has authorized, and the Company has declared a quarterly cash dividend of $0.38 per share of common stock for the second quarter of 2024 (the "Common Stock Cash Dividend"). The Common Stock Cash Dividend represents an annualized yield of approximately 8.7% based on the closing price of the Company's common stock on May 24, 2024. The Common Stock Cash Di ...

Group 1: Meme Stocks and Market Trends - Meme stocks, including GameStop, AMC, and others, are experiencing renewed attention, reminiscent of the 2021 trading frenzy, with GameStop's stock price jumping from $17.45 to over $30 and peaking at $55.69 [1] - Analysts express skepticism about the sustainability of this meme stock revival, suggesting it may not last as long as previous surges [1] - The focus remains on sustainable investment trends rather than speculative stocks, with a preference for assets that are trading at fair value [1] Group 2: REIT Investment Insights - Cohen & Steers' recent research highlights three reasons to invest in listed REITs: they outperform stocks and bonds in low yield and growth environments, many commercial real estate sectors are seeing healthy demand amid constrained supply, and REIT valuations are significantly below historical medians [2][4] - The analysis indicates that U.S. REITs have historically delivered 19.5% average annualized monthly returns during periods of slowing growth and ending rate-hiking cycles [2] Group 3: Rexford Industrial Realty, Inc. (REXR) - Rexford Industrial Realty is identified as a top-tier REIT currently trading at a discount, with a market cap of approximately $9.8 billion and a portfolio of 422 properties in Southern California [6][7] - The company has demonstrated strong performance with an average adjusted funds from operations (AFFO) growth rate of nearly 14% since 2016, supported by a fortress-like balance sheet [7][8] - Despite facing challenges in the industrial market, particularly in Southern California, Rexford's focus on smaller properties for first and last-mile distribution positions it well for future demand [15][18] Group 4: CTO Realty Growth, Inc. (CTO) - CTO Realty Growth specializes in multi-tenant retail properties, primarily in the Sunbelt region, with a market cap of approximately $403.6 million and a portfolio of 20 income-producing properties [22][23] - The company has seen significant growth in its retail-focused portfolio, increasing from 1.8 million square feet in 2019 to 3.9 million square feet in 2024, with annualized base rent rising from $27.6 million to $80.6 million [26] - Analysts rate CTO Realty Growth as a Strong Buy, noting its 8.71% dividend yield and a well-covered AFFO payout ratio of 79.58% [32] Group 5: NETSTREIT Corp. (NTST) - NETSTREIT Corp. focuses on single-tenant retail properties leased to high-quality tenants, with a market cap of approximately $1.3 billion and a portfolio of 11.3 million square feet [35] - The company has a strong tenant base, with 71.1% of its annual base rent coming from investment-grade tenants, and reported an occupancy rate of 100% [35][37] - Analysts expect AFFO growth to normalize, projecting increases of 3% in 2024 and 6% in 2025, with a current dividend yield of 4.60% [38]

MasaoTaira Summary We have been primarily bullish on CTO Realty Growth, Inc. (NYSE:CTO) since we initiated coverage on the name in October of last year. The Company has had some operational hiccups in recent months, with several tenants facing significant difficulty and/or bankruptcy (e.g., WeWork, Regal). This caused us to cautiously flip to a Hold rating in late November before returning to a Buy following the Q4 2023 results. In this report, we digest the Q1 2024 results, which showed promising devel ...

High-yield real estate stocks are ideal for investors seeking stable income streams. These companies expose investors to the real estate market without the responsibility of directly owning the property and the need for significant capital money. Investing in REITs offers several advantages similar to traditional real estate investment, such as capital appreciation — as the value of the properties increases over time — and an option to diversify investment portfolios, reducing the overall risk.Moreover, REI ...

slobo/iStock Unreleased via Getty ImagesCTO Realty Growth (NYSE:CTO) forms one of my REIT positions with its safe dividend yield, retail property portfolio, and prudent multiple to FFO all forming reasons for continued bullishness. The REIT last declared a quarterly cash dividend of $0.38 per share, kept unchanged sequentially and $1.52 per share annualized, for an 8.9% dividend yield. This was 137% covered by its fiscal 2024 first-quarter adjusted FFO ("AFFO") of $0.52 per share, a roughly 73% payout r ...

CTO has an outsized dividend yield and attractive absolute valuation relative to many in its retail-focused peer group and its long-term growth opportunities. May 2024 Investor Presentation REALTY GROWTH Shops at Legacy Plano, TX Square Feet Investment in 3.9M 50% 8.4% Alpine Income Property Trust2 Based on $15.28 per share common stock price as of March 31, 2024. 3. | --- | --- | --- | --- | |--------------------------|---------------------------------------------------------|------------------------------ ...

CTO Realty Growth, Inc. (NYSE:CTO) Q1 2024 Earnings Conference Call May 3, 2024 9:00 AM ET Company Participants Lisa Vorakoun - Senior Vice President, Chief Accounting Officer and Interim Chief Financial Officer and Treasurer John Albright - Chief Executive Officer and President Conference Call Participants Gopal Mehta - Alliance Global Partners Rob Stevenson - Janney Montgomery and Scott R.J. Milligan - Raymond James Matthew Erdner - Jones Trading John Massocca - B. Riley Securities Operator Good day, and ...