CTO Realty Growth Inc

Chart & Performance

D1W1MN

Profile

CTO Realty Growth, Inc. is a Florida-based publicly traded real estate company, which owns income properties comprised of approximately 2.4 million square feet in diversified markets in the United States and an approximately 23.5% interest in Alpine Income Property Trust, Inc., a publicly traded net lease real estate investment trust (NYSE: PINE).

URL

https://ctoreit.com/

IPO date

Mar 17, 1980

Employees

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	109,119 32.55%	82,320 17.14%	70,272 24.64%
Cost of revenue	44,427	35,756	33,632
Unusual Expense (Income)
NOPBT	64,692	46,564	36,640
NOPBT Margin	59.29%	56.56%	52.14%
Operating Taxes	604	(2,830)	(3,079)
Tax Rate	0.93%
NOPAT	64,088	49,394	39,719
Net income	5,530 75.11%	3,158 -89.45%	29,940 -61.86%
Dividends	(39,038)	(33,677)	(25,905)
Dividend yield	10.00%	9.95%	2.39%
Proceeds from repurchase of equity	(6,614)	91,558	69,425
BB yield	1.69%	-27.06%	-6.39%
Debt
Debt current		50,670	47,469
Long-term debt	517,086	445,647	278,471
Deferred revenue		9,686	4,505
Other long-term liabilities	15,360	9,885	1,096
Net debt	388,135	375,444	237,193
Cash flow
Cash from operating activities	46,421	56,097	27,577
CAPEX		(313,926)	(256,381)
Cash from investing activities	(52,561)	(267,629)	(102,967)
Cash from financing activities	2,765	201,377	72,914
FCF	47,554	49,982	641,645
Balance
Cash	49,659	61,374	49,652
Long term investments	79,292	59,499	39,095
Excess cash	123,495	116,757	85,233
Stockholders' equity	289,091	766,637	597,788
Invested Capital	857,969	903,121	675,777
ROIC	7.28%	6.26%	5.64%
ROCE	6.59%	4.61%	4.81%
EV
Common stock shares outstanding	22,530	18,508	17,677
Price	17.33 -5.20%	18.28 -70.24%	61.42 45.68%
Market cap	390,440 15.40%	338,330 -68.84%	1,085,710 82.45%
EV	778,605	1,148,142	1,575,656
EBITDA	108,865	75,419	57,221
EV/EBITDA	7.15	15.22	27.54
Interest	22,359	11,115	8,929
Interest/NOPBT	34.56%	23.87%	24.37%