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 ...

5 The accompanying notes are an integral part of these consolidated financial statements. Table of Contents Table of Contents Commercial Loans and Investments: A portfolio of four commercial loan investments and one preferred equity investment which is classified as a commercial loan investment. 9 Use of Estimates in the Preparation of Financial Statements Restricted cash totaled $8.1 million at March 31, 2024, of which $6.6 million is being held in an escrow account to be reinvested through the like-kind e ...

Press Release Contact: Lisa M. Vorakoun Senior Vice President, Chief Accounting Officer (386) 944-5641 lvorakoun@ctoreit.com FOR IMMEDIATE RELEASE CTO Realty Growth Reports First Quarter 2024 Operating Results First Quarter and Recent Highlights ◾ Reported Core FFO per diluted share attributable to common stockholders of $0.48 for the quarter ended March 31, 2024. ◾ Invested $71.0 million into two retail property acquisitions, totaling 319,066 leasable square feet at a weighted-average going-in cash cap rat ...

WINTER PARK, Fla., April 04, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE:CTO) ("CTO" or the "Company") today announced the pricing of a public offering of 1,500,000 additional shares of the Company's 6.375% Series A Cumulative Redeemable Preferred Stock (the "Series A Preferred Stock"), liquidation preference $25.00 per share, at a public offering price of $20.00 per share. CTO will receive gross proceeds of $30,000,000 from the sale of the Series A Preferred Stock before deducting the underwrit ...

WINTER PARK, Fla., April 03, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE:CTO) ("CTO" or the "Company") today announced the commencement of a public offering of additional shares of the Company's 6.375% Series A Cumulative Redeemable Preferred Stock (the "Series A Preferred Stock") with a $25.00 per share liquidation preference. The additional shares of Series A Preferred Stock constitute an additional issuance of shares of Series A Preferred Stock, with 2,978,808 shares of Series A Preferred Stoc ...

WINTER PARK, Fla., March 21, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE:CTO) (the "Company" or "CTO") today announced the acquisition of Marketplace at Seminole Towne Center, a 318,000 square foot multi-tenant retail power center in the Sanford submarket of Orlando, Florida (the "Property") for a purchase price of $68.7 million. The purchase price represents a going-in cap rate within the range of the Company's current guidance for initial cash yields. "We are pleased to announce the acquisition ...

In a significant move toward portfolio optimization, CTO Realty Growth, Inc. (CTO) has successfully closed the sale of a 136,000-square-foot mixed-use property in Santa Fe, New Mexico. The transaction, valued at $20.0 million, resulted in a gain on sale of around $4.6 million.The disposition of the mixed-use property is part of a broader strategy to optimize the portfolio and enhance financial flexibility. CTO Realty Growth intends to utilize the sales proceeds as part of a Section 1031 like-kind exchange, ...