Consolidated-Tomoka Land (CTO) Misses Q4 EPS by 53c

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CTO Realty Growth Reports Fourth Quarter and Full Year 2024 Operating Results

February 20, 2025 4:05 PM EST

Closed investments of $330.8 million at a weighted average initial cash yield 9.3% in 2024
Raised $165.2 million of net proceeds under common ATM program in 2024
Current signed-not-open pipeline of $5.2 million

WINTER PARK, Fla., Feb. 20, 2025 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the Company or CTO) today announced its operating results and earnings for the quarter and year ended December 31, 2024.

2024 was an outstanding year for the Company. We closed $331 million of investments at a weighted average yield of 9.3% and produced record high Core FFO of $1.88 per share, stated... More