
CTO Stock Forecast & Price Target
CTO Analyst Ratings
Bulls say
CTO Realty Growth Inc. has demonstrated robust leasing strength, with same-property Net Operating Income (NOI) increasing by 0.9% year-over-year, alongside positive cash rent spreads of 21.6% on 190,000 square feet of signed comparable leases. Additionally, the company's guidance for core Funds From Operations (FFO) and Adjusted Funds From Operations (AFFO) per share has been raised, reflecting an increase from previous estimates to a new range of $1.84-$1.87 and $1.96-$1.99, respectively. With anticipated same-property NOI growth projected at +250 basis points and continued positive leasing spreads, the investment outlook for CTO Realty Growth remains favorable.
Bears say
CTO Realty Growth Inc is experiencing a substantial valuation discount of approximately 31% relative to its peers, reflecting investor concerns about its performance amidst fluctuating market conditions. The company's physical occupancy rate has declined to 90.2%, presenting a potential risk to rental income stability, although its leased occupancy has slightly increased. Additionally, the significant GAAP EPS miss of ($0.77), driven by a $20.4 million loss related to the extinguishment of convertible notes, raises questions regarding future earnings potential and financial stability.
This aggregate rating is based on analysts' research of CTO Realty Growth and is not a guaranteed prediction by Public.com or investment advice.
CTO Analyst Forecast & Price Prediction
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