tiprankstipranks
CTO Realty Growth Reports Strong Q3 2024 Financials
Company Announcements

CTO Realty Growth Reports Strong Q3 2024 Financials

Pick the best stocks and maximize your portfolio:

An announcement from CTO Realty Growth ( (CTO) ) is now available.

CTO Realty Growth, Inc. reported a robust third quarter in 2024, showcasing impressive financial growth with a net income per share increase to $0.17 and Core FFO rising by 6.4%. The company raised $125.7 million through its stock offering and secured a $100 million unsecured term loan. With investments totaling $191.3 million and maintaining liquidity of $213 million, CTO also revised its full-year Core FFO and AFFO guidance upwards, highlighting strategic acquisitions and disciplined financial management.

For detailed information about CTO stock, go to TipRanks’ Stock Analysis page.

Related Articles
TheFlyCTO Realty Growth acquires grocery anchored property in Tampa, Florida
TheFlyCTO Realty Growth upgraded to Strong Buy from Outperform at Raymond James
TheFlyCTO Realty Growth price target raised to $23 from $22 at Alliance Global Partners
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App