CTO Realty Growth(CTO)
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CTO Realty Growth Completes $5 Million Share Repurchase Program and Board Approves New $10 Million Authorization
Globenewswire· 2025-09-24 11:02
Core Viewpoint - CTO Realty Growth, Inc. has announced a new $10 million common stock repurchase program, following the completion of a previous $5 million program where approximately $4.3 million was repurchased in the last 60 days [1][2]. Group 1: Stock Repurchase Program - The new stock repurchase plan allows CTO to buy up to $10 million of its common stock through various methods, including open market transactions and block purchases, subject to market conditions [2]. - The previous stock repurchase program was concluded with approximately $4.3 million of common stock repurchased [1]. Group 2: 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 [3]. - The company also manages and holds a significant interest in Alpine Income Property Trust, Inc. [3].
SHAREHOLDER REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of CTO Realty Growth
Globenewswire· 2025-09-19 14:33
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against CTO Realty Growth, Inc. due to allegations of misleading statements regarding the sustainability of dividends and financial practices [3][5]. Group 1: Legal Investigation - The firm is reminding investors of the October 7, 2025 deadline to seek the role of lead plaintiff in a federal securities class action against CTO [3]. - Investors who suffered losses in CTO between February 18, 2021, and June 24, 2025, are encouraged to contact the firm to discuss their legal rights [1][3]. Group 2: Allegations Against CTO - The complaint alleges that CTO and its executives violated federal securities laws by making false statements and failing to disclose that dividends were less sustainable than claimed [5]. - CTO is accused of using deceptive practices to inflate its Adjusted Funds From Operations (AFFO) and overstate the profitability of its Ashford Lane property [5]. - The Wolfpack Research report criticized CTO for not generating enough cash to cover dividends and capital expenditures, leading to a reliance on share dilution [6]. Group 3: Financial Impact - Following the release of the Wolfpack Report, CTO's stock price fell by $0.98, or 5.42%, closing at $17.10 per share on June 25, 2025 [7]. - The report highlighted that CTO has only $8.4 million in cash while facing quarterly dividends of $14 million and average recurring capital expenditures of $5.7 million [6].
ROSEN, NATIONALLY REGARDED INVESTOR COUNSEL, Encourages CTO Realty Growth, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – CTO, CTO-PA
Globenewswire· 2025-09-16 22:58
Core Viewpoint - Rosen Law Firm is reminding investors who purchased CTO Realty Growth, Inc. securities between February 18, 2021, and June 24, 2025, of the upcoming lead plaintiff deadline on October 7, 2025 [1]. Group 1: Class Action Details - Investors who purchased CTO Realty securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by October 7, 2025 [3]. - The lawsuit alleges that CTO Realty Growth made false and misleading statements regarding the sustainability of its dividends and the profitability of its Ashford Lane property, leading to overstated business and financial prospects [5]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting its own achievements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has consistently ranked in the top 4 for securities class action settlements since 2013 and recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4].
CTO REALTY GROWTH (NYSE: CTO) CLASS ACTION DEADLINE APPROACHING: Berger Montague Advises Investors to Inquire About a Securities Fraud Class Action by October 7, 2025
Prnewswire· 2025-09-16 19:41
Core Viewpoint - Berger Montague PC is investigating potential securities fraud claims against CTO Realty Growth, Inc. following a class action lawsuit related to allegations of financial manipulation during a specified class period [1][3]. Group 1: Lawsuit Details - The class action lawsuit is on behalf of investors who acquired CTO securities between February 18, 2021, and June 24, 2025 [1][2]. - The lawsuit alleges that a report by Wolfpack Research accused CTO of covering a $38 million dividend gap through significant share dilution and excluding necessary recurring capital expenditures from its Adjusted Funds From Operations [3]. Group 2: Stock Performance - Following the allegations made in the report, CTO's stock price fell nearly 6%, closing at $17.10 per share on June 25, 2025 [4]. Group 3: Company Background - CTO Realty Growth, Inc. is a real estate investment trust (REIT) headquartered in Winter Park, Florida [2].
CTO Realty: I'm Buying The Dip On This 9% Yield
Seeking Alpha· 2025-09-15 15:30
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 for potential investors to explore top ideas across exclusive income-focused portfolios [1] Group 2 - The article emphasizes the importance of understanding risk in investing, particularly company-specific risks [2] - The author has over 14 years of investment experience and focuses on defensive stocks with a medium- to long-term investment horizon [2]
ROSEN, LEADING TRIAL ATTORNEYS, Encourages CTO Realty Growth, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – CTO, CTO-PA
Globenewswire· 2025-09-13 18:06
Core Viewpoint - Rosen Law Firm is reminding investors who purchased CTO Realty Growth, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - Investors who purchased CTO Realty securities between February 18, 2021, and June 24, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by October 7, 2025 [3]. - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. Group 2: Allegations Against CTO Realty - The lawsuit alleges that CTO Realty Growth made false and misleading statements regarding the sustainability of its dividends and the profitability of its Ashford Lane property [5]. - It is claimed that CTO Realty used deceptive practices to artificially inflate its Adjusted Funds from Operations (AFFO), leading to an overstatement of its business and financial prospects [5]. - The lawsuit asserts that when the true details became public, investors suffered damages due to the misleading information provided by the defendants [5].
CTO Realty Growth: The Market Is Missing The Turnaround
Seeking Alpha· 2025-09-13 12:06
Core Viewpoint - CTO Realty Growth (NYSE: CTO) is perceived as an undervalued REIT, with the market focusing on its shortcomings rather than its potential for growth. The stock has declined over 15% year-to-date, primarily due to pricing issues [1]. Company Summary - CTO Realty Growth is currently facing a significant decline in stock value, down over 15% year-to-date, indicating market skepticism regarding its future performance [1]. - The company is viewed as having strong long-term potential, despite current market perceptions that highlight its faults [1]. Investment Perspective - The analysis emphasizes the importance of evaluating the underlying fundamentals and long-term potential of CTO Realty Growth as a viable investment opportunity [1].
ROSEN, A HIGHLY RANKED LAW FIRM, Encourages CTO Realty Growth, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – CTO, CTO-PA
Globenewswire· 2025-09-10 16:24
Core Viewpoint - Rosen Law Firm is reminding investors who purchased CTO Realty Growth, Inc. securities between February 18, 2021, and June 24, 2025, of the upcoming lead plaintiff deadline on October 7, 2025 [1]. Group 1: Class Action Details - Investors who purchased CTO Realty securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by October 7, 2025 [3]. - Investors can join the class action by visiting the provided link or contacting the law firm directly for more information [6]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting its own achievements in this area [4]. - The firm has secured significant settlements for investors, including over $438 million in 2019 alone, and has been consistently ranked among the top firms for securities class action settlements [4]. Group 3: Case Allegations - The lawsuit alleges that CTO Realty Growth made false and misleading statements regarding the sustainability of its dividends and the profitability of its Ashford Lane property [5]. - It is claimed that the company's business and financial prospects were overstated, leading to investor damages when the true information became public [5].
INVESTOR ALERT: Berger Montague Advises CTO Realty Growth, Inc. (NYSE: CTO) Investors to Inquire About a Securities Fraud Class Action by October 7, 2025
Prnewswire· 2025-09-09 12:24
Core Viewpoint - Berger Montague PC is investigating claims against CTO Realty Growth, Inc. for allegedly misleading investors regarding its financial condition and manipulating key metrics [2][3]. Group 1: Legal Investigation - The investigation pertains to claims under federal securities laws against CTO Realty Growth, a real estate investment trust based in Winter Park, Florida [1]. - Investors who acquired CTO securities between February 18, 2021, and June 24, 2025, have until October 7, 2025, to seek appointment as lead plaintiff [2]. Group 2: Allegations and Impact - The lawsuit alleges that CTO misled investors by overstating the profitability of properties, including Ashford Lane in Atlanta [2]. - A report by Wolfpack Research accused CTO of covering a $38 million dividend shortfall by diluting shareholders, increasing the outstanding share count by 70%, and using a "sham loan" to conceal issues with a tenant at Ashford Lane [3]. - Following these allegations, CTO's stock experienced a 5.42% decline, closing at $17.10 per share on June 25, 2025 [3].
INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of CTO Realty Growth
Prnewswire· 2025-09-06 12:42
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against CTO Realty Growth, Inc. due to allegations of misleading statements regarding the sustainability of dividends and financial practices, with a deadline for investors to seek lead plaintiff status in a class action lawsuit by October 7, 2025 [1][3][6]. Group 1: Allegations Against CTO - The complaint alleges that CTO and its executives violated federal securities laws by making false and misleading statements about the sustainability of dividends and the true profitability of its Ashford Lane property [3]. - The Wolfpack Research report claims CTO has not generated enough cash to cover its recurring capital expenditures and dividends since converting to a REIT in 2021, relying on share dilution to cover a $38 million dividend shortfall from 2021 to 2024 [4]. - The report also accuses CTO of using a manipulative definition of Adjusted Funds From Operations (AFFO) and hiding financial issues related to a major tenant at Ashford Lane [4]. Group 2: Financial Impact - Following the release of the Wolfpack Report, CTO's stock price fell by $0.98 per share, or 5.42%, closing at $17.10 per share on June 25, 2025 [5]. - CTO is reported to have only $8.4 million in cash while facing quarterly dividends of $14 million and average recurring capital expenditures of $5.7 million, indicating potential financial strain [4]. Group 3: Legal Proceedings - Investors who purchased CTO securities between February 18, 2021, and June 24, 2025, are encouraged to contact Faruqi & Faruqi to discuss their legal rights and options [1][6]. - The firm is also seeking information from whistleblowers, former employees, and shareholders regarding CTO's conduct [6].