NYSE$CTO

CTO Realty Growth Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

CTO Realty Growth's operating results for Q4 2021 were announced.

CTO Realty Growth reported a net income per diluted share of $0.13, acquired five multi-tenant income properties for $138.1 million, and repurchased 40,553 shares of common stock during Q4 2021.

  • Net Income per diluted share attributable to common stockholders was $0.13.
  • Core FFO per diluted share attributable to common stockholders was $1.07.
  • AFFO per diluted share attributable to common stockholders was $1.23.
  • Acquired five multi-tenant income properties for a total of $138.1 million.

Headline financials

Total Revenue

$24.7M

Previous: $16M+54.8%
EPS (adj)

$0.14

Previous: $0.24-41.7%
Net Income

$1.93M

Previous: $79.7M-97.6%
Operating Income

$1.3M

Previous: -$267K+585.0%
Gross Profit

$12.8M

Previous: $12.3M+4.4%
Cash & Equivalents

$8.62M

Previous: $4.29M+100.9%
Total Assets

$733M

Previous: $667M+10.0%
Stock-Based Comp

$734K

Previous: $651K+12.8%

Revenue & EPS history

CTO · Revenue · Quarterly

$24.7M

Q4 2021+54.8%vs Q4 2020
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

CTO · $14.9M total across 2 segments · Q4 2021

  • Income Properties
    $13.9M-4.3%
  • Management Fee Income
    $944K+42.2%

Forward guidance

The company's outlook for 2022 includes acquisition of income producing assets and structured investments between $200 million and $250 million. Disposition of assets is expected to be between $40 million and $70 million.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

+0.7%

Avg return

Earnings day

+0.8%

Avg return

5 days after

+1.4%

Avg return

30 days after

60%

38 / 63 earnings

Positive

+9.5%

Q4 2014

Best reaction

-5.9%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.5%+3.2%+4.3%
Q4 2025+4.5%+1.8%-4.4%
Q3 2025+0.9%+3.7%+10.9%
Q1 2025+0.3%-1.8%+1.8%
Q4 2024-5.9%-7.5%-6.6%
Q3 2024+0.1%-1.7%+1.3%
Q2 2024+3.3%+6.1%-0.5%
Q1 2024-2.0%-0.7%+2.2%
Q4 2023+4.4%+3.6%+1.4%
Q3 2023+0.6%+2.9%+6.2%
Q2 2023-2.9%-1.6%-3.8%
Q1 2023+1.0%-1.8%-4.7%
Q4 2022-5.5%-5.9%-11.5%
Q3 2022+2.2%+2.0%+2.2%
Q2 2022-2.1%-0.8%-0.8%
Q1 2022-0.5%-2.6%+3.4%
Q4 2021+6.6%+8.3%+10.0%
Q3 2021-1.0%-0.4%+1.5%
Q2 2021+2.9%-0.5%+1.3%
Q1 2021+0.4%-4.0%+0.1%
Q4 2020+0.6%+1.7%+6.2%
Q3 2020+6.6%+8.4%+17.8%
Q2 2020+4.5%+4.9%+12.7%
Q1 2020+6.8%+0.3%+6.2%
Q4 2019+3.2%+1.5%-18.4%
Q3 2019+4.5%+5.2%+4.6%
Q2 2019+7.4%+4.0%+2.9%
Q1 2019+2.5%+3.2%+0.8%
Q4 2018-0.8%+0.4%-3.1%
Q3 2018-2.8%-1.3%-8.7%
Q2 2018+0.6%+1.1%+7.6%
Q1 2018+6.1%+1.4%+4.7%
Q4 2017+1.0%+1.0%+3.1%
Q3 2017+2.7%-0.4%+3.7%
Q2 2017+2.0%-2.3%-3.4%
Q1 2017-1.8%-0.4%+0.7%
Q4 2016-1.9%-1.5%-7.0%
Q3 2016-0.4%+1.8%+10.2%
Q2 2016-2.3%-1.8%+0.3%
Q1 2016+1.2%
Q4 2015+0.1%
Q3 2015+0.2%
Q2 2015+0.0%
Q1 2015-0.5%
Q4 2014+9.5%
Q3 2014+0.9%
Q2 2014+0.9%
Q1 2014-2.1%
Q4 2013+3.3%
Q3 2013+1.6%
Q2 2013-2.6%
Q1 2013-1.0%
Q4 2012+1.3%
Q3 2012-1.4%
Q2 2012+1.4%
Q1 2012-0.2%
Q4 2011-4.3%
Q3 2011-4.5%
Q4 2010-2.4%
Q2 2011-2.4%
Q1 2011+0.9%
Q3 2010-0.9%
Q2 2010+0.8%

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