Brief: CTO Realty Growth Q2 Net Income USD -23.418 Million

CTO Realty Growth

29/07/2025 21:05

Overview

CTO Realty reports Q2 net loss of $0.77 per share, versus loss of $0.03 year ago

Company signed 190,000 sq ft of leases with 21.6% cash rent spread growth

CTO Realty reaffirms 2025 Core FFO and AFFO guidance

Outlook

CTO reaffirms 2025 Core FFO guidance of $1.80 to $1.86 per share

Company expects 2025 AFFO per share between $1.93 and $1.98

Result Drivers

LEASING ACTIVITY - Signed 190,000 sq ft of leases with 21.6% cash rent spread growth, per CEO John P. Albright

ANCHOR SPACES - Progress in leasing vacant anchor spaces, with six out of ten now leased

PIPELINE GROWTH - Signed-not-open pipeline represents $4.6 mln, or 4.6% of annual cash base rent

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Net Income
-$23.42 mln
Q2 Core FFO
$14.66 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the commercial reits peer group is "buy"

Wall Street's median 12-month price target for CTO Realty Growth Inc is $22.00, about 21.2% above its July 28 closing price of $17.34

Press Release: ID:nGNX4Z5xg8

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)