
CTO Stock Forecast & Price Target
CTO Analyst Ratings
Bulls say
CTO Realty Growth Inc has demonstrated resilience and positive momentum in its leasing operations, with same-property Net Operating Income (NOI) increasing 0.9% year-over-year alongside a notable positive cash rent spread of 21.6% on recent comparable leases. The company has raised its full-year Core FFO/AFFO per share guidance to a range of $1.84-$1.87, reflecting an upward revision from previous estimates, which indicates a strong financial outlook. Additionally, the anticipated growth in same-property NOI is expected to improve further, as the company continues to execute on its leasing strategy and strategically invest in accretive opportunities.
Bears say
CTO Realty Growth is experiencing a challenging financial landscape, highlighted by its shares trading at a significant 31% discount to the estimated net asset value (NAV) and a decline in physical occupancy rates, dropping from 91.0% to 90.2% within the most recent quarter. Furthermore, the company reported a GAAP EPS of ($0.77), substantially missing expectations and attributed to a loss of $20.4 million from the extinguishment of convertible notes, which also negatively impacted funds from operations (FFO). Lastly, ongoing leverage risks associated with interest rate fluctuations could further erode returns to common shareholders, exacerbating the firm’s financial vulnerabilities.
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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