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CTO

CTO Realty Growth, Inc.

CTO

CTO Realty Growth, Inc. • NYSE
$18.08 ▼ -0.06% (-0.01)
Market Cap $585.51 M
52w High $20.88
52w Low $15.07
Dividend Yield 1.52%
P/E -12.56
Volume 93.86K
Outstanding Shares 32.38M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $37.757M ▲ $19.709M ▼ $3.03M ▲ 8.025% ▲ $0.093 ▲ $24.734M ▲
Q2-2025 $37.638M ▲ $40.138M ▲ $-23.418M ▼ -62.219% ▼ $-0.77 ▼ $-1.382M ▲
Q1-2025 $35.811M ▲ $19.047M ▼ $2.261M ▲ 6.314% ▲ $0.012 ▲ $-18.188M ▼
Q4-2024 $35.742M ▲ $33.89M ▲ $-15.217M ▼ -42.575% ▼ $-0.7 ▼ $19.161M ▼
Q3-2024 $31.805M $18.689M $6.227M 19.579% $0.17 $24.967M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $44.303M ▲ $1.222B ▼ $665.1M ▲ $557.253M ▼
Q2-2025 $43.303M ▼ $1.233B ▼ $659.164M ▲ $574.062M ▼
Q1-2025 $47.929M ▼ $1.244B ▲ $650.02M ▲ $593.883M ▼
Q4-2024 $48.683M ▼ $1.182B ▲ $568.846M ▼ $612.798M ▲
Q3-2024 $51.169M $1.176B $580.342M $595.782M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $2.914M ▲ $25.501M ▲ $-6.856M ▲ $-19.917M ▼ $-1.272M ▼ $19.365M ▼
Q2-2025 $-23.418M ▼ $21.926M ▲ $-7.78M ▲ $-10.668M ▼ $3.478M ▲ $21.926M ▲
Q1-2025 $2.261M ▲ $10.311M ▼ $-80.669M ▼ $68.361M ▲ $-1.997M ▼ $10.311M ▼
Q4-2024 $-15.217M ▼ $23.517M ▲ $-26.818M ▲ $10.794M ▼ $7.493M ▲ $23.517M ▲
Q3-2024 $6.227M $21.193M $-174.591M $157.109M $3.711M $21.193M

Revenue by Products

Product Q3-2024Q4-2024Q1-2025Q2-2025
Management Service
Management Service
 $0 ▲$0 ▲$0 ▲$0 ▲
Income Properties
Income Properties
 $30.00M ▲$30.00M ▲$0 ▼$0 ▲
Management Fee Income
Management Fee Income
 $0 ▲$0 ▲$0 ▲$0 ▲
Real Estate Operations
Real Estate Operations
 $0 ▲$0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement CTO’s revenue and operating cash-style earnings have generally grown over the past several years, showing that the property portfolio is producing more recurring income. However, bottom‑line profit has been quite volatile, swinging from strong gains earlier in the period to very modest results and even a recent loss. This pattern suggests that one‑off items, such as gains on property sales, valuation changes, and higher interest costs, have a big impact on reported earnings. The underlying business appears to be steadily improving, but the headline earnings figures are bumpy and should be read with that context in mind.

Balance Sheet

Balance Sheet The company has expanded its asset base meaningfully, which fits with a growth‑oriented acquisition strategy. Shareholders’ equity has increased, but debt has also risen, leaving the business more leveraged than it was a few years ago. Cash on hand is relatively thin, which is typical for many REITs that rely on credit facilities and capital markets, but it still means limited cushion if conditions tighten. Overall, the balance sheet supports growth but carries higher financial risk than in the past, especially in a higher‑rate environment.

Cash Flow

Cash Flow Cash generated from day‑to‑day operations has grown steadily, which is a positive sign for the stability of the underlying rental business. Free cash flow was negative for several years as CTO invested heavily in its portfolio, then turned positive once spending slowed, indicating a shift from a heavy build‑out phase toward a more cash‑generative stance. This pattern is common in expanding REITs: cash is reinvested first, then harvested later as properties stabilize. The key question going forward is whether operating cash flow remains strong enough to comfortably cover interest, maintenance needs, and shareholder distributions without relying too heavily on new financing.

Competitive Edge

Competitive Edge CTO competes in a crowded REIT landscape but has carved out a focused niche in Sun Belt, retail‑oriented properties, especially those tied to experiential and essential shopping. Its advantages come from local market knowledge, a value‑add mindset, and a willingness to tackle smaller, more complex deals that larger REITs may overlook. Proactive leasing and repositioning have been core to keeping occupancy and rents healthy. At the same time, concentration in specific regions and in retail exposes the company to local economic cycles and ongoing changes in consumer behavior, and the recent securities lawsuit adds an extra layer of reputational and governance risk that peers may not share to the same degree.

Innovation and R&D

Innovation and R&D Innovation for CTO is about how it structures and manages its real estate rather than about technology. The firm emphasizes capital recycling—selling mature assets and reinvesting into properties with more upside—and curating “live‑work‑play” and experiential environments that are harder for e‑commerce to disrupt. Its role as external manager of another REIT provides a differentiated fee‑based income stream and extends its expertise beyond its own balance sheet. Future innovation is likely to center on redevelopment, densification, and smarter tenant mix rather than new products, so execution discipline and market sensing are more important than traditional R&D spending.

Summary

CTO looks like a growing, actively managed REIT that has expanded its portfolio and operating cash generation but has done so with increasing leverage and uneven reported profits. The strategic focus on high‑growth Sun Belt markets, experiential and essential retail, and value‑add acquisitions gives it a clear identity and potential upside if those markets remain strong. On the other hand, higher debt, earnings volatility, reliance on continued access to capital, and exposure to shifting retail trends all add risk. The securities fraud lawsuit tied to alleged overstatements of financial health and dividend sustainability is a notable overhang that puts extra emphasis on governance, disclosure quality, and the true durability of the company’s cash flows and distributions.

NEWS

November 18, 2025 · 4:05 PM UTC

CTO Realty Growth Declares Dividends for the Fourth Quarter 2025

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November 14, 2025 · 6:55 AM UTC

CTO Realty Growth Provides Leasing Update at the Shops at Legacy

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November 6, 2025 · 4:10 PM UTC

CTO Realty Growth Announces Grand Opening of the Picklr at the Collection at Forsyth

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October 28, 2025 · 4:05 PM UTC

CTO Realty Growth Reports Third Quarter 2025 Operating Results

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October 7, 2025 · 12:32 PM UTC

FINAL DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of CTO Realty Growth

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