CTO

CTO Realty Growth is a Hold amid rising Treasury yields, which could increase the spread investors demand to hold the common shares and preferreds. CTO's revenue rose 24.2% year-over-year in the third quarter, driven by property and structured investment income, with a $439 million year-to-date investment volume at a 9% yield. The 7.8% dividend yield is supported by improved coverage, but higher borrowing costs and Fed rate hikes pose ongoing risks.

CTO Realty Growth NYSE: CTO reported higher third-quarter Core FFO and raised its full-year outlook after expanding leasing activity, completing investments and adding two Kansas City shopping centers to its portfolio.

–  Year-to-Date Investment Activity Totals $472 million – – Enhances Liquidity with $1.0 billion Credit Facility – – Increases 2026 Core FFO Per Diluted Share Guidance to $2.11 to $2.14 –

- Acquired Significantly Below Replacement Cost - - 2026 Year-to-Date Investments Total $439 Million - WINTER PARK, Fla., Oct. 06, 2026 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced the acquisition of Summit Woods Crossing (the “Property”), a 545,000-square-foot open-air power center situated on 57 acres in the Kansas City, Missouri metro area, for a purchase price of $103.0 million, or $189 per square foot.

CTO Realty Growth is rated Buy, with 20% upside to $24.53 and a 7.4% yield, driven by AFFO/share growth. CTO's capital recycling—selling stabilized assets at 6.7% cap rates and redeploying them into 10.2% initial yield investments—offsets dilution from equity issuance. Same-property NOI and AFFO per share are growing, with additional rent from signed-but-not-yet-paying tenants providing further near-term upside.

- Extends Debt Maturities with Nearest Maturity September 2029 - - Enhances Financial Flexibility with $250 Million of Incremental Commitments -

WINTER PARK, Fla., Sept. 24, 2026 (GLOBE NEWSWIRE) -- CTO Realty Growth (NYSE: CTO) (the “Company”) announced today that it will report its financial and operating results for the third quarter of 2026 after the market closes on Tuesday, October 27, 2026. A conference call to discuss its financial and operating results is scheduled for Wednesday, October 28, 2026 at 9:00 AM ET.

CTO Realty (CTO) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

- Acquired Significantly Below Replacement Cost - - Property Provides Long-Term Repositioning Opportunity - - 2026 Year-to-Date Investments Total $334 Million -

CTO Realty Growth offers superior value versus Alpine Income Property Trust, driven by sustainable organic growth and a likely multiple re-rating. CTO trades at 10.6x AFFO with an estimated 5% annual growth, while PINE trades at 9.4x AFFO with slower, less repeatable 2% growth. CTO's internally managed structure and shopping center focus support a forward return estimate of 11.9%, compared to PINE's 8.4%.