CTO Realty (CTO) Q3 FFO and Revenues Top Estimates
CTO Realty (CTO) came out with quarterly funds from operations (FFO) of $0.51 per share, beating the Zacks Consensus Estimate of $0.48 per share. This compares to FFO of $0.48 per share a year ago.
CTO Realty Growth: Cheaply Valued With High Dividend Yield And Growth Potential
CTO Realty Growth pays a high dividend yield and is ideally located in some of the fastest-growing regions in the U.S. The company's diversified portfolio and proactive management have positioned it well for continued growth in the commercial real estate sector. A smaller size REIT, it's also cheaply valued and could potentially make use of very strong tailwinds as it grows alongside its main markets.
CTO Realty Growth to Report Q3 Earnings: What's in Store?
Healthy demand for shopping centers and a diverse tenant base are likely to have benefited CTO's Q3 earnings despite rising e-commerce adoption and high interest expenses.
Retail Therapy For Your Portfolio: CTO Realty's 8.1% Yield Packs A Punch
CTO Realty Growth, Inc. offers an 8.1% dividend yield, attractive valuation, and potential for capital gains, making it appealing for income-focused investors. The company benefits from strong occupancy rates, favorable market dynamics, and a growing portfolio, but its small size and higher leverage warrant caution. Despite elevated leverage, CTO Realty maintains a healthy balance sheet with a well-laddered maturity schedule and no exposure to floating interest rates.
Is the Options Market Predicting a Spike in CTO Realty (CTO) Stock?
Investors need to pay close attention to CTO Realty (CTO) stock based on the movements in the options market lately.
Dividend Harvesting Portfolio Week 186: $18,600 Allocated, $1,735.68 In Projected Dividends
The Fed has initiated a rate-cutting cycle, reducing rates by 50 bps, with potential further cuts in November, setting a positive market outlook. The Dividend Harvesting Portfolio reached an all-time high, with a 24% return on invested capital, emphasizing diversification to mitigate downside risk. Dividend income continues to grow, with a forward projected annualized dividend income of $1,735.68, aiming to exceed $1,900 by year-end.
Best Income Stocks to Buy for September 16th
DKL, CTO and VRN made it to the Zacks Rank #1 (Strong Buy) income stocks list on September 16, 2024.
CTO Realty Growth: I'm Buying The Commons For The 8% Dividend Yield
CTO Realty Growth has kept its quarterly dividend stable and currently offers a fully covered 8% dividend yield. The retail REIT is trading at a price-to-free cash flow multiple of 9.71x, below its historical range. Fed rate cuts will deliver a huge boost to investor sentiment and the REIT's multiple.
CTO Realty (CTO) Moves 8.4% Higher: Will This Strength Last?
CTO Realty (CTO) witnessed a jump in share price last session on above-average trading volume. The latest trend in FFO estimate revisions for the stock suggests that there could be more strength down the road.
CTO Realty Growth: Get Paid To Wait For The Valuation Discount To Close
CTO Realty Growth is undervalued due to near-term debt concerns, presenting a buying opportunity as refinancing at favorable rates is likely with dropping interest rates. The REIT's portfolio focuses on high-quality properties in growth markets, with strong economic fundamentals and long-term leases, enhancing stability and income potential. Q2'24 results exceeded expectations, with top line growth driven by new property acquisitions and improving occupancy rates, indicating strong operational performance.
CTO Realty (CTO) Upgraded to Buy: Here's Why
CTO Realty (CTO) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Assessing Quality Of REIT Earnings
REITs trade on AFFO, but the market often overlooks the quality of AFFO growth, leading to mispricings. AFFO growth sources vary in quality; repeatable sources like rental rate growth are more valuable than one-time or cyclical gains. Capital structure changes like debt paydown and share buybacks can enhance AFFO quality by reducing risk and demonstrating management alignment.
